Economy rebounds in Q3 on improved business

Treasury Cabinet Secretary Ukur Yatani. FILE PHOTO | NMG

Kenya’s economic activity rebounded in the three months to September from a sharp contraction in the second quarter on progressive re-opening of businesses from July, global economists say, projecting a 1.2 percent full-year growth.

The latest growth outlook by Barcelona-based FocusEconomics — based on data compiled from 15 global banks, consultancies and think-tanks — is a 0.3 percentage point upgrade from the previous projection in September.

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