People Daily | by Herald Aloo
Increased taxes on suppliers and surging fuel prices left Kenyan businesses grappling with increased costs of operation in the month ending February, latest economic health indicator report for the manufacturing sector shows.
Stanbic Bank Purchasing Managers’ Index (PMI) shows that despite businesses experiencing renewed expansion activity last month, input costs rose at a fastest pace in 41 months, forcing firms to pass on rising costs to end consumers as they adjust to inflation surge…
