What research reveals about Covid on businesses in Kenya

The Covid-19 pandemic has been with us for almost two and half years and like most countries, Kenya has not been spared. From international trade performance to finance and commodity markets, and macroeconomic indicators, the adverse impacts of Covid-19 on Kenya’s health system were severe.

The International Monetary Fund (IMF)’s statistics show that the global economy shrank by 3.2 percent in 2020, while the Gross Domestic Product (GDP) of developing countries contracted by 2.1 percent.