KENYA: Growth in Kenya’s manufacturing sector slows down in 2022, raising concerns about future targets

Kenya’s manufacturing industry experiences sluggish growth, with a decrease from 7.3% to 2.7% in 2022, according to government data. High production costs and fierce competition from low-cost imports pose significant challenges for Kenya’s manufacturing sector. Low agricultural output, particularly in food crops, contributes to the industry’s decelerated development in 2022…
Source: PulseLive.co.ke | Read More