Index: Private sector growth drops on virus resurgence



People Daily | by People Team


Kenya’s private sector recorded a surprise decline in general performance in November as businesses lost ground amid concerns over resurgence of the Covid-19.

According to the latest Purchasing Managers Index (PMI), lack of new orders saw the private sector economy take a beating as the second wave of infections forced breaks on spending.

This saw less people being employed during the period under review after massive layoffs that began in the month of March leaving many without jobs…

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