Browsing: Kenya National Chamber of Commerce (KNCCI)

Kenyan businesses emerge optimistic in survey despite hurdles

Industry and Trade 03.04.2024

Kenyan businesses in the hospitality and tourism sector are the most confident they will post growth in Q2 Businesses in…

The rising global prices which have been on an upward trend since January are putting pressure on Kenya’s economy, as the country’s population continues to dig deeper into their pockets to meet the cost of living. This is in the wake of a rising inflation which rose to 6.58 per cent in April from 4.35 per cent in March, the highest increase in the cost of living in 19 months, mainly driven by high food prices. Crude oil prices have been on the rise since January affecting the transport, manufacturing, agriculture and energy sectors in Kenya.

Global oil prices pile pressure on Kenya’s economy

Kenya 21.05.2019

Global oil prices which have been on an upward trend since January are putting pressure on Kenya’s economy, as the…