Kenya’s Private Sector Rebounds Strongly in September as PMI Climbs to 51.9, Signaling Post-Protest Recovery
Kenya’s private sector economy demonstrated encouraging signs of recovery during September, with the Stanbic Bank Kenya Purchasing Managers’ Index (PMI) climbing to 51.9 from 49.4 in August, marking the first time the closely-watched indicator has moved above the critical 50.0 neutral threshold since April. The improvement represents a significant turning point for the East African […]