Stanbic Bank Kenya’s Purchasing Managers Index (PMI) — a monthly measure of private sector activity — slowed to 53 from 54.2 July largely on falling workforce count.
President Uhuru Kenyatta allowed resumption of international flights from August 1 a month after domestic flights had restarted and cessation of movement into and out of Nairobi and Mombasa lifted.
Persistent layoffs in corporate Kenya hurt growth in private sector activity in August, findings of a closely-watched survey said on Wednesday, despite marked rise in demand on progressive easing of Covid-19 restrictions.
Stanbic Bank Kenya’s Purchasing Managers Index (PMI) — a monthly measure of private sector activity — slowed to 53 from 54.2 July largely on falling workforce count.
