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Kenya s private sector declines further in June amid rising price pressures-PMI

NAIROBI, Kenya July 6-Kenya’s private sector continued to decline in June as PMI survey data signaled a decline in business output and new customer orders Kenya breaking news | Kenya news today |

Companies cut jobs as rising inflation hits purchasing power

Companies cut jobs for the second month running in June on the back of runaway inflation which squeezed stagnant salaries.

Business confidence drops to a new low on inflation, poll jitters

This is the second consecutive month the business environment has deteriorated to record lows. Export demand, however, was more resilient as it grew at the fastest rate in three months.

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