Supply chain disruptions due to the Covid-19 pandemic and the Russia-Ukraine war, geopolitical tensions, a high taxation regime, increased energy costs, ballooning public debt, the weak shilling, and a volatile exchange rate, among other socio-political factors, remain significant impetus for the economic woes Kenya is experiencing today.
Since the beginning of 2020, the Kenya shilling has lost about 25 percent of its value against the US dollar, falling from Sh99 to Sh136.
