Poll jitters to reduce half of industrialists sales, shows study

Campaigns have heated up ahead of August 8 polls. FILE PHOTO | NMG

Half of manufacturing companies in the country expect gross earnings in the second half to drop, a survey showed yesterday, underlining the impact of the August 8 poll jitters on the business environment.

The Kenya Association of Manufacturers’ Barometer Survey indicates only 15 per cent of the participating firms see improved revenue margins in the next six months. About 36 per cent expect business performance to remain unchanged.

PAYE Tax Calculator

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