Kenya expects 5.7% growth, but worries about Trump and Brexit
31 January 2017 - 15:17
Nairobi — Kenyan economic growth is expected to slip to 5.7% in 2017 from about 5.9% in 2016, and the biggest risks ahead are linked to global economic uncertainty, its central bank said on Tuesday. Governor Patrick Njoroge said Britain’s vote to leave the EU and the direction of US policy under the President Donald Trump cast a shadow over the outlook. He did not mention Kenya’s looming elections, but economists said they could have an effect, given the country’s history of election strife.
Would you like to comment on this article?
Sign up (it's quick and free) or sign in now.
Please read our Comment Policy before commenting.
Subscribe now to unlock this article.
Support BusinessLIVE’s award-winning journalism for R129 per month (digital access only).
There’s never been a more important time to support independent journalism in SA. Our subscription packages now offer an ad-free experience for readers.
Cancel anytime.
Questions? Email helpdesk@businesslive.co.za or call 0860 52 52 00. Got a subscription voucher? Redeem it now.