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Browsing: business environment in kenya
- Kenyan businesses in the hospitality and tourism sector are the most confident they will post growth in Q2
- Businesses in the energy sector are also optimistic of better Q2 despite challenges in the first quarter.
- The education sector reflects a balanced sentiment, with 33 per cent expressing extreme, moderate, and slight confidence in revenue growth.
Kenyan businesses in the hospitality and tourism sector are the most confident that they will grow their revenues in the second quarter of 2024 according to a new survey by Kenya National Chamber of Commerce and Industry (KNCCI).
Compared to other sectors, the hospitality and tourism sector exhibits a stronger sense of optimism, with 41 per cent extremely confident, 29 per cent moderately confident, 18 per cent slightly confident, and 12 per cent not confident of increasing their revenues.
In the agriculture sector, results indicate a mixed outlook, with 17 per cent of Kenyan businesses …
- A finding by online marketplace Airduka has found that small-scale sellers in Kenya are optimistic that the business environment will remain stable in 2023
- The study found that 75% of small scale sellers expect the trading environment to be calm over the next twelve months now that risks associated with threats such as COVID-19 and the general elections have settled
- As per the finding, 60% of sellers said they expect their revenues to remain steady in the first half of the year, with growth expected in the second half
Small-scale sellers in Kenya are optimistic that the business environment will remain stable in 2023.
A finding by online marketplace Airduka found that 75% of small scale sellers expect the trading environment to be calm over the next twelve months now that risks associated with threats such as COVID-19 and the general elections have settled.
Airduka surveyed a section of sellers …