Agriculture to drive Q1 growth

A vegetable vendor in Nairobi. FILE PHOTO | NMG

Kenya’s economy is seen expanding at a faster rate in 2020 on improved agriculture due to a more favourable weather and increased credit after legal ceilings on loan interest charges were scrapped.

Economic growth has in 2019 slowed to an estimated 5.6 percent from last year’s 6.3 percent largely due to cash flow challenges for businesses due to pending bills by the national and county authorities amid delayed onset of long rainfall season which hurt farming activities earlier in the year.

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