Business leaders consider high raw material and fuel prices and low demand for goods as the biggest impediments to growth and expansion of firms in the next 12 months, a Central Bank of Kenya (CBK) survey has found.
The apex bank polled chief executives of firms across 11 sectors of the economy last month in the leadup to the monetary policy committee, where they reported that they are also concerned about the ongoing effects of the Covid-19 pandemic, heavy taxation and the high cost of finance.
