Business Daily | by Constant Munda
Kenya’s economic activity rebounded in the three months to September from a sharp contraction in the second quarter on progressive re-opening of businesses from July, global economists say, projecting a 1.2 percent full-year growth.
The latest growth outlook by Barcelona-based FocusEconomics — based on data compiled from 15 global banks, consultancies and think-tanks — is a 0.3 percentage point upgrade from the previous projection in September.
“Available data for Q3 (third quarter) suggests that the downturn likely bottomed out in Q2 (April-June). Private-sector business conditions recorded a marked improvement in Q3, buttressed by…
