By CHARLES MWANIKIMore by this AuthorJob creation by Kenyan firms slowed down in June as they adjusted to a tougher operating environment attributed to political jitters and lack of credit. The Stanbic Bank #ticker:CFC IHS Markit Purchasing Managers Index (PMI) shows the month was the worst performing since the survey began in January 2014. It shows that firms have been struggling to attract demand for goods and services and have in turn cut their production or output. They have linked lower business activity to a lower customer turnout due to the political climate and weaker purchasing power among clients, the PMI report says. The economy is also going through its slowest period of credit growth in more than a decade.

Source: Daily Nation July 05, 2017 18:00 UTC