Inflation squeezing margins and performance of retailers

Kenya is currently in the grip of an unprecedented high cost of living. Life, for many people, has become tenuous as prices of fuel and food items, be they fresh or processed, are at an all-time high.

We have not even recovered from the negative effects of the Covid pandemic. The pandemic was obviously a major contributor to the dire state of the economy.

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