Kenya’s economy on the mend but majority poor yet to join party


The Standard | by Macharia Kamau

After what has been the roughest patch for the Kenyan economy for decades, there may be light at the end of the tunnel.

Many sectors are starting to turn the corner, with companies now cutting fewer jobs as demand for their products goes up.

Small companies that were staring at imminent death are reemerging from the choking hold of the pandemic.

But the latest data also shows imbalance in employment, spending power and property market, making the recovery increasingly dependent on…

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