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Poll jitters pull output down to a 16-month low
Security agents and presiding officers queue at Jamhuri High School to deliver voting materials at the tallying Center for Starehe Constituency, Nairobi on August 10, 2022. PHOTO | BILLY MUTAI | NMG
Production by Kenyan firms fell in August at the sharpest rate since the third wave of Covid-19 lockdowns following disruptions related to the hotly-contested presidential election, resulting in layoffs.
Findings of Stanbic Bank Kenya’s Purchasing Managers Index (PMI) — a monthly survey on the private sector — suggest the drop in output was the fastest since April 2021.
