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This is a critical time for Kenya, as the incoming administrations at national and devolved levels face the high expectations of ordinary Kenyans to deliver on ambitious economic development agendas and hasten the attainment of Vision 2030. This sixteenth edition of the Kenya economic update...
Persistent link: https://www.econbiz.de/10012644872
After multiple headwinds dampened growth in 2017, a nascent rebound in economic activity in Kenya is gaining momentum. Notwithstanding the projected rebound in economic activity risks are tilted to the downside. The Government of Kenya has outlined four big priority areas for the next five...
Persistent link: https://www.econbiz.de/10012645198
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Kenya continues to experience steady economic growth, with real GDP expanding on average by about 5.6 percent over the last five years (2014-2018). In 2019, however, economic activity has softened primarily due to lower agricultural output and weak private sector investment. As a result, the...
Persistent link: https://www.econbiz.de/10012646675
Kenya is one of the bright spots in Sub-Saharan Africa. With economic growth rates sustained at above 5 percent, Kenya has outperformed the regional average, for 8 consecutive years. Robust domestic demand emanating from private consumption and government investment are the key drivers of...
Persistent link: https://www.econbiz.de/10012246673
Kenya may be at a "tipping point," the theme of the third Kenya economic update which has a special focus on the transformative impact of information and communication technology (ICT) and mobile money. Over the last decade, ICT has outperformed all others sectors growing at an average of 20...
Persistent link: https://www.econbiz.de/10012247330
Kenya is entering a decisive year. Three main developments will make 2012 extraordinary. First, Kenya will hold national elections for the first time since the traumatic post-election violence of 2007-08, which ended Kenya's high growth momentum abruptly. Second, Kenya's economy will need to...
Persistent link: https://www.econbiz.de/10012248093
The pandemic has dealt a major blow to the economy, but the government's quick policy responses have helped to cushion the impact, and a partial recovery is underway. In response to the improving conditions, many of the tax and regulatory relief measures extended at the onset of the crisis have...
Persistent link: https://www.econbiz.de/10012603558
This report contributes to the growing body of knowledge by shedding light on the impact of COVID-19 and confinement measures on Ivoirian enterprises and households. It builds on two dedicated sets of survey data that were collected in April 2020, at the height of the local confinement measures....
Persistent link: https://www.econbiz.de/10012647536
The Kenyan economy rebounded in 2018 and economic activity in the first quarter of 2019 was healthy, although emerging drought conditions could curtail GDP growth for the remainder of the year. The economy expanded by 6.0 percent in the first three quarters of 2018 compared to 4.7 percent during...
Persistent link: https://www.econbiz.de/10012646017