September data signalled a slower improvement in business conditions in Kenya’s private sector, with the latest expansion being the weakest in the current ten-month phase of growth.
Stanbic Bank Kenya has been recognised as the best investment bank in Kenya, Uganda and Tanzania at the prestigious EMEA Finance Awards 2018.
Operating conditions across Kenya’s private sector improved at a marked pace during August, reflecting sharper rises in output and new orders.
Stanbic Holdings Plc has recorded a 105 per cent increase in its half-year profit after tax for the period ended June 30, 2018, driven by strong growth in revenues.
Growth in Kenya’s private sector lost momentum as expansions in output and new orders eased to the slowest rates in eight and six months respectively.
Latest survey data signalled a robust, albeit softer, improvement in business conditions across Kenya’s private sector in June.