×
App Icon
The Standard e-Paper
Home To Bold Columnists
★★★★ - on Play Store
Download Now
Vocalize Pre-Player Loader

Audio By Vocalize

The sprawling Gikomba Market in Nairobi. Consumers are spending less due to rising prices and declining incomes. [Edward Kiplimo, Standard]

Kenya is facing a perfect storm of economic challenges. The country's economy is slowing down, the Kenya Revenue Authority (KRA) is struggling to meet its revenue targets, and the private sector is freezing hiring and cutting jobs.

The economy's slowdown is evident in the contraction of key sectors, such as construction and mining. This has led to a decrease in job opportunities and a decline in consumer spending.

Premium Article

Get Full Access for Ksh299/Week.

Bold Reporting Takes Time, Courage and Investment. Stand With Us.
Continue Reading  →
What you get
  • Unlimited access to all premium content
  • Ad-free browsing experience
  • Mobile-optimised reading
  • Weekly newsletters & digests
Pay via
M - PESA
VISA
Airtel Money
Secure Payments Kenya's most trusted newsroom since 1902
By Sammy Mose 46 mins ago
Sports
Kirimi powers to glory at VetLab Club event
Sports
Strathmore Swords bounce back to slice Eldonets in league battle
Sports
K'Ogalo silence Muranga Seal to move one win away from title
By AFP 2 hrs ago
Sports
African stars in Europe: Antoine Semenyo wins it for City