Kenya’s private sector activity in sharpest fall in 39 months on GenZ protests

Nairobi CBD

Businesses closed in Nairobi CBD on July 16, 2024 over anti-government protests.

Photo credit: Dennis Onsongo

Kenya’s private sector activity dropped by the sharpest margin in more than three years in July on the back of deadly social unrest that disrupted businesses.

Findings of a closely-watched monthly survey showed that business conditions such as output, new orders, and employment in July deteriorated at the sharpest rate compared with June since April 2021 when the world was battling Covid-19 pandemic shocks on earnings.

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