Private sector gains in May, but the worst yet to come, new index shows

The Central Bank of Kenya building in Nairobi. FILE PHOTO | NMG

Private sector performance inched up in May after falling sharply a month earlier, a new survey showed.

However, the closely watched monthly business performance indicator survey by Stanbic Bank and UK’s Markit showed that conditions look set to worsen in coming months.

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