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Coronavirus vaccine news gives Kenya hope of economic recovery


The East African
Wednesday February 10 2021
With news of Covid-19 vaccines, businesspeople expect resumption of businesses that had stalled during the pandemic. PHOTO |
Summary
Most businesses expect to recruit more workers this year compared with 2020, largely due to strong business prospects following easing of Covid-19 containment measures, improved market optimism, expected increase in government spending on development infrastructure and expected increase in economic activities.
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Kenyan businesses are optimistic of an economic rebound amid expectations of a Covid-19 vaccine and after the schools reopened in January. These have increased consumption along the value chain, and boosted activity in the education sector and other supporting sectors such as transport, retail trade and financial services. ....

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