Dr Thugge says the industrial sector is expected to remain resilient largely because of construction activity and government-backed investment programmes.
By
Constant Munda
Correspondent
Nation Media Group
Commercial banks are betting on traders and builders as the country’s drivers of economic expansion, channelling more than half of fresh credit into commerce and construction businesses.
The shift suggests lenders view construction as offering stronger returns and lower risks than logistics businesses, as economic…
Kenya’s economy expanded by 5.3 per cent in the first quarter of 2026, driven by strong growth in sectors including hospitality,…
A more supportive macroeconomic environment encouraged firms to invest in showroom vehicles.
The average lending rate by commercial banks stood at 14.3 percent in July 2026, falling from 14.4 percent in June and 17.2…
Kenya’s financial sector is demonstrating resilience despite ongoing global economic uncertainty, with steady recovery trends…
CBK) shows that the lenders’ pre-tax earnings in the review period stood at Sh111.8 billion, rising from Sh98.2 billion a year…
