August elections worry banking and transport sectors most - News Summed Up

August elections worry banking and transport sectors most


| Updated Wed, April 26th 2017 at 00:00 GMT +3Kenya’s banking and transport sectors are the least optimistic of the economy’s prospects as the country heads to the general election in August. Out of eight sectors surveyed, the banking sector registered 42 index points while the transport sector registered 40 points out of a score of 100. On the other hand, the transport sector’s overall poor performance in the survey has been as a result of the little prospects in the air transport sub-sector. The survey notes the air transport sector performance declined marginally by 0.8 per cent in the third quarter, mainly due to operational challenges experienced by national carrier Kenya Airways. ALSO READ: MPs decamp from ODM, defunct UDP to JubileeTourism and manufacturing sectors recorded lukewarm optimism at 50 and 49 index points respectively.


Source: Standard Digital April 25, 2017 17:26 UTC



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