Political unrest, weakening shilling dampen economic output

Closed shops and premises during day two of Azimio la Umoja National anti-government protests over high cost of living. [Collins Kweyu, Standard]

Kenya's economy received a beating in July from political unrest that dampened output and sales for businesses, a survey shows.

The Purchasing Managers Index (PMI) by Stanbic Bank paints a worsening picture on the metric of output and demand as businesses noted reduced cash flow, falling new orders and political unrest behind the decrease in activity.