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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 |

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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.

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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.

Kenya , Kakamega , Western , Kenyan , Mary-nyambura , Kuria-kamau , Kenya-national-bureau-of-statistics , Stanbic-bank-fixed-income , Stanbic-bank , Purchasing-manager-index , Currency-strategist-kuria , Kenya-national-bureau

Kenya's business confidence hits record low as election nears

NAIROBI, Kenya, June 6 - Kenya's business confidence continues to decline two months before the General Elections scheduled for August 8, the Stanbic Bank Kenya breaking news | Kenya news today |

Nairobi , Nairobi-area , Kenya , Russia , Pwani , Coast , Ukraine , Mpishi-poa , Kuria-kamau , Salit-oil , Currency-strategist-at-stanbic-bank , Stanbic-bank

Retailers, factories cut jobs as orders fall


Stanbic Bank Kenya’s Purchasing Managers Index (PMI) found a renewed fall in job opportunities in an environment of elevated inflationary pressure.

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Counties pay exceeds salaries in companies


The counties increased average pay by 7.61 percent to Sh72, 301 from Sh67,191 the year before, beating private firms whose earnings rose 2.24 percent to Sh69,103.

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Kenya's private sector activity declines in April

NAIROBI, Kenya May 6-Kenya’s private sector continued to decline in April as PMI survey data signalled a decrease in customer demand in response to the Kenya breaking news | Kenya news today |

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Kenya's Private Sector Activity Declines in April

Kenya's private sector continued to decline in April as PMI survey data signalled a decrease in customer demand in response to the high cost of living.
The Markit Stanbic Bank Kenya Purchasing... | May 6, 2022

Kenya , Ukraine , Kenyan , Kuria-kamau , Markit-stanbic-bank-kenya , News-service-english , Stanbic-bank , Fixed-income , Currency-strategist , Allafrica-global-media , Stanbic-uganda-holdings-limited-stock-exchange , Ews

Stanbic index blames Ukraine war for trade slowdown


Firms have had little choice but to raise the costs of their goods, passing down the economic burden to consumers.

Kenya , Russia , Ukraine , Kenyan , Albert-mwazighe , Kuria-kamau , Currency-strategist-at-stanbic-bank , Stanbic-bank , Fixed-income , Currency-strategist ,