| Updated Wed, May 3rd 2017 at 00:00 GMT +3PHOTO:COURTESYKenya’s economy may improve in the next two years, according to a recent survey by audit firm Deloitte. The study, dubbed Kenya Economic Outlook 2016: The Story Behind the Numbers, gives an overview of how the economy is likely to perform after the August 8 elections. Kenya has not been spared the turbulence the global economy has suffered in recent times. The spread of mobile money transfer services has also been cited as one of the main drivers of the projected growth. According to the EIU, the Kenyan shilling has been able to withstand tough economic times but the negative twist of events in the US economy may bring adverse effects.

Source: Standard Digital May 02, 2017 18:37 UTC