The number of Kenyans starting and running formal ventures last year rose at the slowest pace in more than a decade excluding the pandemic year, signalling in part the impact of rising inflation and piling cost of operation.
The official jobs report shows self-employed and unpaid family workers grew at an estimated 2.69 percent in 2022, the most sluggish since 2009 when the country was coming out of the deadliest post-election violence and smarting from the worst global financial crisis.