No time to waste for new administration

President-elect William Ruto and his deputy Rigathi Gachagua display their election certificate at the Bomas of Kenya on August 15, 2022. PHOTO | AFP

In a week’s time, there will be a new administration in Kenya. After the euphoria of victory comes the hard part of addressing the problem of an economy that is experiencing falling productivity among firms and the attendant job losses.

Companies reported in the monthly Purchasing Managers Index (PMI) published by Stanbic Kenya that their production has fallen to lows last seen in April 2021 during the third wave of Covid-19.

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