Private sector deals rise at fastest pace in 10 months on better cash flow

A trader counting money at Muthurwa Market, Nairobi on June 12, 2024.

Photo credit: File | Nation Media Group

Kenya’s private sector activity grew at the fastest pace in 10 months in March on the back of a sharp increase in business inflows, pointing to a strong improvement in economic conditions and cushioning against job losses.

Last month, businesses witnessed improved demand for goods and services, which in turn drove a solid increase in new orders for inputs, despite a modest rise in input prices recorded during the period.

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