Economic recovery points to more jobs

A worker at Kenya Breweries Limited factory in Ruaraka, Nairobi. FILE PHOTO | NMG

The private sector reported expanded economic activity last month, touching a new high of 27 months, signalling hopes of more job prospects and improved tax collection after a bruising election year.

The latest Stanbic Bank Kenya Purchasing Managers Index (PMI), which tracks private-sector activity shows business activity jumped to a high of 56.40 in April from 55.7 in March on the back of the sharpest improvement in operating conditions since January 2016.

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