Kenyan economy slows to four-year low on mining, construction slump

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Workers on an affordable housing project site at Blue Valley in Nyeri Town on February 16, 2024. PHOTO | JOSEPH KANYI | NMG

The Kenyan economy grew at its slowest pace in four years since the pandemic, as gross domestic product (GDP) fell to 4.6 percent in the three months to June from 5.6 percent a year earlier.

The slump in GDP growth was largely attributable to contractions in the mining, quarrying and construction sector, although other broad areas of the economy marked slower growth rates in the three months.

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