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Kenyan Business Activity Declines Sharply in June Amid Protests

Herald Aloo

Herald Aloo, a journalist based in Nairobi, covers Kenya's economy, focusing on banking, and energy.
  • PMI drops to 47.2 in June, indicating a significant deterioration in business confidence
  • Widespread protests and economic challenges impact key sectors including retail, agriculture, and construction

 

Nairobi, Kenya – Kenyan business activity fell sharply in June amid reports of widespread economic challenges and protests that negatively impacted the retail sector, agriculture, and construction firms—leading sectors with significant multiplier effects on the economy.

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