A survey on Wednesday showed that activity in Kenya’s private sector rose at its fastest pace in a year last month on the back of a gradual easing of coronavirus lockdown measures.
The Markit Stanbic Bank Kenya Purchasing Managers’ Index (PMI) jumped to 54.2 in July, from 46.6 in the previous month, well above the 50.0 mark that separates growth from contraction. July’s level was the highest since June last year.
Jibran Qureishi, head of Africa Research at Stanbic Bank said the removal of county travel restrictions supported output and business sentiment in July, referring to the opening up of the capital Nairobi and the port city of Mombasa
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