Energy prices, inflation top concerns for CEOs

 Central Bank of Kenya

The Central Bank of Kenya in Nairobi. FILE PHOTO | NMG
 

A majority of company bosses in Kenya see energy prices and global inflation as the top threats that are likely to hinder the expansion of firms this year, a new survey shows.

The Central Bank of Kenya (CBK) CEO’s survey 2023 shows 93 percent of chief executive officers in the country are troubled by global inflation while 87 percent of them have expressed concerns about high energy prices as an obstruction to their expansion plans.

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Note: The results are not exact but very close to the actual.