×
App Icon
The Standard e-Paper
Informed Minds Prefer The Standard
★★★★ - on Play Store
Download Now

Businesses feel the heat amid economic slowdown, protests

Chieni Supermarket was vandalized and looted goods during the anti-Finance Bill protests on June 26, 2024. [Mose Sammy, Standard]

Kenyan business activity fell sharply in June amid widespread economic challenges and a negative impact on sales from protests and policy uncertainty following the fall of the Finance Bill, 2024.

According to the Stanbic Purchasing Managers Index (PMI), new business intakes dropped at the fastest rate since November last year, leading to a drop in business confidence and weaker job creation.

Get Full Access for Ksh299/Week
Unlock the Full Story — Join Thousands of Informed Kenyans Today
  • Unlimited access to all premium content
  • Uninterrupted ad-free browsing experience
  • Mobile-optimized reading experience
  • Weekly Newsletters
  • MPesa, Airtel Money and Cards accepted
Already a subscriber? Log in
Business
Kenya's agricultural exports set to penetrate US retail market
Opinion
Developing financial framework for a sustainable built environment
Business
State to create new agency on cybersecurity
By Brian Ngugi 11 hrs ago
Business
Co-op Bank declares pioneer interim dividend as profit Sh22b