@BdAfrica

Poll, drought slowed economic growth to 4.9pc in 2017 - 11 months ago, 25 Apr 13:35

George Omondi

Kenya’s economy grew by 4.9 per cent in 2017, recording the slowest margin in five years amid prolonged electoral process and adverse weather.

That pace of growth falls far below the 5.9 per cent recorded in 2016, data released today by the Kenya National Bureau of Statistics (KNBS) indicate.

The last time Kenya recorded growth below five per cent was in 2012, also an election year, when the economy expanded by 4.5 per cent.

“The slowdown in the performance of economy was partly attributable to uncertainty associated both a prolonged electioneering period coupled with adverse effects of weather,” said Treasury and Planning Secretary Henry Rotich.

The KNBS data shows that agriculture, which accounted for 31.5 per cent of the 2017 GDP grew by only 1.6 per cent compared with 5.1 per cent in 2016.

All the segments except cut flowers shrunk during the period. Export earnings from cut flower grew by 16.1 per ...
Read More


Category: business news economy markets opinion corporate lifestyle

Item ID: 47aca148-a718-4746-a357-3e44c3920647

kadiNewsItemCategoryList
  1. newsPriority: 2.001
  2. calculatedNewsPriority: 202.126
  3. description:
  4. parsedURL: http://www.businessdailyafrica.com/
  5. name: business
  6. title:

  1. newsPriority: 2.001
  2. calculatedNewsPriority: 202.126
  3. description:
  4. parsedURL: http://www.businessdailyafrica.com/
  5. name: news
  6. title:

  1. newsPriority: 0.3
  2. calculatedNewsPriority: 133.717
  3. description:
  4. parsedURL: http://www.businessdailyafrica.com/economy/3946234-3946234-65o5j7/index.html
  5. name: economy
  6. title:

  1. newsPriority: 2.3
  2. calculatedNewsPriority: 202.425
  3. description:
  4. parsedURL: http://www.businessdailyafrica.com/markets/539552-539552-ujwmr5/index.html
  5. name: markets
  6. title:

  1. newsPriority: 2.3
  2. calculatedNewsPriority: 202.425
  3. description:
  4. parsedURL: http://www.businessdailyafrica.com/analysis/539548-539548-bepu06/index.html
  5. name: opinion
  6. title:

  1. newsPriority: 2.2
  2. calculatedNewsPriority: 202.325
  3. description:
  4. parsedURL: http://www.businessdailyafrica.com/corporate/539550-539550-75xmgez/index.html
  5. name: corporate
  6. title:

  1. newsPriority: 2.2
  2. calculatedNewsPriority: 202.325
  3. description:
  4. parsedURL: http://www.businessdailyafrica.com/lifestyle/547058-547058-1027qmj/index.html
  5. name: lifestyle
  6. title:

compoundTime
  1. timeLastCalculatedUpdate: Apr 25, 2018 1:35:10 PM
  2. timeModifiedAsFromUser: Apr 25, 2018 10:28:08 AM
  3. timeCreatedAsFromServer: Apr 25, 2018 1:35:10 PM
  4. timeUpdatedAsFromUser: Mar 25, 2019 3:12:54 AM
  5. timeCreatedAsFromUser: Apr 25, 2018 10:10:58 AM
  6. timeUpdatedAsFromServer: Mar 25, 2019 3:12:54 AM
  7. timeModifiedAsFromServer: Apr 25, 2018 1:35:07 PM

Suggested

5 hours ago, 22:10
Focus on NLC over inflated road land payouts

The National Land Commission (NLC) is on the spot over inflated compensation for land acquisition in the Sh16 billion James Gichuru-Rironi road expansion project by China Wu Yi Company. The NLC was ...

Category: business news economy opinion corporate markets lifestyle

Item ID: bd7eb5bd-5d9b-47fe-b659-8aa7b52f7ca8

kadiNewsItemCategoryList
  1. newsPriority: 0.011
  2. calculatedNewsPriority: 0.044
  3. description: View the latest and breaking Business News
  4. parsedURL: http://www.businessdailyafrica.com/
  5. name: business
  6. title: Business News

  1. newsPriority: 0.011
  2. calculatedNewsPriority: 0.044
  3. description: View the latest and breaking News
  4. parsedURL: http://www.businessdailyafrica.com/
  5. name: news
  6. title: News

  1. newsPriority: 0.056
  2. calculatedNewsPriority: 0.089
  3. description: View the latest and breaking news on Economy & Money
  4. parsedURL: http://www.businessdailyafrica.com/economy/3946234-3946234-65o5j7/index.html
  5. name: economy
  6. title: Economy News

  1. newsPriority: 0.056
  2. calculatedNewsPriority: 0.089
  3. description: View the latest Opinions from policy makers
  4. parsedURL: http://www.businessdailyafrica.com/analysis/539548-539548-bepu06/index.html
  5. name: opinion
  6. title: Opinions

  1. newsPriority: 0.046
  2. calculatedNewsPriority: 0.079
  3. description: View the latest and breaking Corporate News
  4. parsedURL: http://www.businessdailyafrica.com/corporate/539550-539550-75xmgez/index.html
  5. name: corporate
  6. title: Corporate News

  1. newsPriority: 0.056
  2. calculatedNewsPriority: 0.089
  3. description: View the latest and breaking Market News
  4. parsedURL: http://www.businessdailyafrica.com/markets/539552-539552-ujwmr5/index.html
  5. name: markets
  6. title: Markets News

  1. newsPriority: 0.046
  2. calculatedNewsPriority: 0.079
  3. description: View the latest Lifestyle News
  4. parsedURL: http://www.businessdailyafrica.com/lifestyle/547058-547058-1027qmj/index.html
  5. name: lifestyle
  6. title: LifeStyle News

compoundTime
  1. timeLastCalculatedUpdate: Mar 24, 2019 10:10:35 PM
  2. timeModifiedAsFromUser: Mar 24, 2019 9:21:00 AM
  3. timeCreatedAsFromServer: Mar 24, 2019 10:09:07 PM
  4. timeUpdatedAsFromUser: Mar 24, 2019 10:10:35 PM
  5. timeCreatedAsFromUser: Mar 24, 2019 7:00:00 PM
  6. timeUpdatedAsFromServer: Mar 24, 2019 10:10:35 PM
  7. timeModifiedAsFromServer: Mar 24, 2019 10:08:09 PM
5 hours ago, 22:10
Porsche, BMW fail to make sales for 2 months

Luxury car market was hit by a slowdown in the first two months of the year that saw top brands Porsche and BMW fail to make a single sale. Data released this week by Kenya Motor Industry Association ...

Category: business news economy opinion corporate markets lifestyle

Item ID: 82ed348c-52d3-4231-aede-b1ad4ec65325

kadiNewsItemCategoryList
  1. newsPriority: 0.012
  2. calculatedNewsPriority: 0.045
  3. description: View the latest and breaking Business News
  4. parsedURL: http://www.businessdailyafrica.com/
  5. name: business
  6. title: Business News

  1. newsPriority: 0.012
  2. calculatedNewsPriority: 0.045
  3. description: View the latest and breaking News
  4. parsedURL: http://www.businessdailyafrica.com/
  5. name: news
  6. title: News

  1. newsPriority: 0.033
  2. calculatedNewsPriority: 0.066
  3. description: View the latest and breaking news on Economy & Money
  4. parsedURL: http://www.businessdailyafrica.com/economy/3946234-3946234-65o5j7/index.html
  5. name: economy
  6. title: Economy News

  1. newsPriority: 0.053
  2. calculatedNewsPriority: 0.086
  3. description: View the latest Opinions from policy makers
  4. parsedURL: http://www.businessdailyafrica.com/analysis/539548-539548-bepu06/index.html
  5. name: opinion
  6. title: Opinions

  1. newsPriority: 0.043
  2. calculatedNewsPriority: 0.076
  3. description: View the latest and breaking Corporate News
  4. parsedURL: http://www.businessdailyafrica.com/corporate/539550-539550-75xmgez/index.html
  5. name: corporate
  6. title: Corporate News

  1. newsPriority: 0.053
  2. calculatedNewsPriority: 0.086
  3. description: View the latest and breaking Market News
  4. parsedURL: http://www.businessdailyafrica.com/markets/539552-539552-ujwmr5/index.html
  5. name: markets
  6. title: Markets News

  1. newsPriority: 0.043
  2. calculatedNewsPriority: 0.076
  3. description: View the latest Lifestyle News
  4. parsedURL: http://www.businessdailyafrica.com/lifestyle/547058-547058-1027qmj/index.html
  5. name: lifestyle
  6. title: LifeStyle News

compoundTime
  1. timeLastCalculatedUpdate: Mar 24, 2019 10:10:35 PM
  2. timeModifiedAsFromUser: Mar 24, 2019 7:28:05 AM
  3. timeCreatedAsFromServer: Mar 24, 2019 10:09:08 PM
  4. timeUpdatedAsFromUser: Mar 24, 2019 10:10:35 PM
  5. timeCreatedAsFromUser: Mar 24, 2019 7:00:00 PM
  6. timeUpdatedAsFromServer: Mar 24, 2019 10:10:35 PM
  7. timeModifiedAsFromServer: Mar 24, 2019 10:08:11 PM
4 hours ago, 22:45
Citi urges Eurobond holders to take up profit

Investment bankers at Citi Global Markets have advised clients to take profit in the Kenyan 10-year Eurobond which has witnessed an increase in secondary market prices in recent months. In a note Citi ...

Category: business news economy opinion corporate markets lifestyle

Item ID: 5263e531-a9fb-4bcc-8b62-cfa1ecaa821b

kadiNewsItemCategoryList
  1. newsPriority: 0.015
  2. calculatedNewsPriority: 0.048
  3. description: View the latest and breaking Business News
  4. parsedURL: http://www.businessdailyafrica.com/
  5. name: business
  6. title: Business News

  1. newsPriority: 0.015
  2. calculatedNewsPriority: 0.048
  3. description: View the latest and breaking News
  4. parsedURL: http://www.businessdailyafrica.com/
  5. name: news
  6. title: News

  1. newsPriority: 0.073
  2. calculatedNewsPriority: 0.106
  3. description: View the latest and breaking news on Economy & Money
  4. parsedURL: http://www.businessdailyafrica.com/economy/3946234-3946234-65o5j7/index.html
  5. name: economy
  6. title: Economy News

  1. newsPriority: 0.073
  2. calculatedNewsPriority: 0.106
  3. description: View the latest Opinions from policy makers
  4. parsedURL: http://www.businessdailyafrica.com/analysis/539548-539548-bepu06/index.html
  5. name: opinion
  6. title: Opinions

  1. newsPriority: 0.063
  2. calculatedNewsPriority: 0.096
  3. description: View the latest and breaking Corporate News
  4. parsedURL: http://www.businessdailyafrica.com/corporate/539550-539550-75xmgez/index.html
  5. name: corporate
  6. title: Corporate News

  1. newsPriority: 0.033
  2. calculatedNewsPriority: 0.066
  3. description: View the latest and breaking Market News
  4. parsedURL: http://www.businessdailyafrica.com/markets/539552-539552-ujwmr5/index.html
  5. name: markets
  6. title: Markets News

  1. newsPriority: 0.063
  2. calculatedNewsPriority: 0.096
  3. description: View the latest Lifestyle News
  4. parsedURL: http://www.businessdailyafrica.com/lifestyle/547058-547058-1027qmj/index.html
  5. name: lifestyle
  6. title: LifeStyle News

compoundTime
  1. timeLastCalculatedUpdate: Mar 24, 2019 10:45:38 PM
  2. timeModifiedAsFromUser: Mar 24, 2019 10:08:25 AM
  3. timeCreatedAsFromServer: Mar 24, 2019 10:42:58 PM
  4. timeUpdatedAsFromUser: Mar 24, 2019 10:45:38 PM
  5. timeCreatedAsFromUser: Mar 24, 2019 7:00:00 PM
  6. timeUpdatedAsFromServer: Mar 24, 2019 10:45:38 PM
  7. timeModifiedAsFromServer: Mar 24, 2019 10:42:55 PM
5 hours ago, 22:10
No buyer yet for Postbank's Muthaiga property

Kenya Post Office Savings Bank (Postbank) is yet to find a buyer for its multi-billion shilling developed commercial block in Muthaiga, Nairobi, more than a year after it put the property on sale. The ...

Category: business news corporate

Item ID: 1d7c0608-d87a-40a0-9e2a-9e640e4b30b2

kadiNewsItemCategoryList
  1. newsPriority: 0.016
  2. calculatedNewsPriority: 0.049
  3. description: View the latest and breaking Business News
  4. parsedURL: http://www.businessdailyafrica.com/
  5. name: business
  6. title: Business News

  1. newsPriority: 0.016
  2. calculatedNewsPriority: 0.049
  3. description: View the latest and breaking News
  4. parsedURL: http://www.businessdailyafrica.com/
  5. name: news
  6. title: News

  1. newsPriority: 0.059
  2. calculatedNewsPriority: 0.092
  3. description: View the latest and breaking Corporate News
  4. parsedURL: http://www.businessdailyafrica.com/corporate/539550-539550-75xmgez/index.html
  5. name: corporate
  6. title: Corporate News

compoundTime
  1. timeLastCalculatedUpdate: Mar 24, 2019 10:10:38 PM
  2. timeModifiedAsFromUser: Mar 24, 2019 8:15:35 AM
  3. timeCreatedAsFromServer: Mar 24, 2019 10:09:13 PM
  4. timeUpdatedAsFromUser: Mar 24, 2019 10:10:38 PM
  5. timeCreatedAsFromUser: Mar 24, 2019 7:00:00 PM
  6. timeUpdatedAsFromServer: Mar 24, 2019 10:10:38 PM
  7. timeModifiedAsFromServer: Mar 24, 2019 10:08:38 PM
5 hours ago, 22:10
OUKO: Raising the red flag on safe deposit boxes

In February, Sh32 billion in fake foreign currency was found in a residential house in Ruiru town, while in October 2018, fake foreign cash totalling Sh1 billion was recovered at an apartment in ...

Category: business news economy opinion corporate markets lifestyle

Item ID: a77b8b31-2b63-4f31-a8ad-0d9f3aacde4d

kadiNewsItemCategoryList
  1. newsPriority: 0.016
  2. calculatedNewsPriority: 0.049
  3. description: View the latest and breaking Business News
  4. parsedURL: http://www.businessdailyafrica.com/
  5. name: business
  6. title: Business News

  1. newsPriority: 0.016
  2. calculatedNewsPriority: 0.049
  3. description: View the latest and breaking News
  4. parsedURL: http://www.businessdailyafrica.com/
  5. name: news
  6. title: News

  1. newsPriority: 0.064
  2. calculatedNewsPriority: 0.097
  3. description: View the latest and breaking news on Economy & Money
  4. parsedURL: http://www.businessdailyafrica.com/economy/3946234-3946234-65o5j7/index.html
  5. name: economy
  6. title: Economy News

  1. newsPriority: 0.064
  2. calculatedNewsPriority: 0.097
  3. description: View the latest Opinions from policy makers
  4. parsedURL: http://www.businessdailyafrica.com/analysis/539548-539548-bepu06/index.html
  5. name: opinion
  6. title: Opinions

  1. newsPriority: 0.054
  2. calculatedNewsPriority: 0.087
  3. description: View the latest and breaking Corporate News
  4. parsedURL: http://www.businessdailyafrica.com/corporate/539550-539550-75xmgez/index.html
  5. name: corporate
  6. title: Corporate News

  1. newsPriority: 0.064
  2. calculatedNewsPriority: 0.097
  3. description: View the latest and breaking Market News
  4. parsedURL: http://www.businessdailyafrica.com/markets/539552-539552-ujwmr5/index.html
  5. name: markets
  6. title: Markets News

  1. newsPriority: 0.022
  2. calculatedNewsPriority: 0.055
  3. description: View the latest Lifestyle News
  4. parsedURL: http://www.businessdailyafrica.com/lifestyle/547058-547058-1027qmj/index.html
  5. name: lifestyle
  6. title: LifeStyle News

compoundTime
  1. timeLastCalculatedUpdate: Mar 24, 2019 10:10:35 PM
  2. timeModifiedAsFromUser: Mar 24, 2019 9:44:01 AM
  3. timeCreatedAsFromServer: Mar 24, 2019 10:09:10 PM
  4. timeUpdatedAsFromUser: Mar 24, 2019 10:10:35 PM
  5. timeCreatedAsFromUser: Mar 24, 2019 7:00:00 PM
  6. timeUpdatedAsFromServer: Mar 24, 2019 10:10:35 PM
  7. timeModifiedAsFromServer: Mar 24, 2019 10:08:31 PM
4 hours ago, 22:13
KAMARA: Why resistance drives us to path of success

Years ago when I was fairly new in business, I had a client who one might describe as difficult. She was somewhat abrupt and quite unnecessarily bossy. I quickly figured she was accustomed to getting ...

Category: business news economy opinion corporate markets lifestyle

Item ID: 6f503d30-57e1-4218-a928-8bd8740ea282

kadiNewsItemCategoryList
  1. newsPriority: 0.021
  2. calculatedNewsPriority: 0.054
  3. description: View the latest and breaking Business News
  4. parsedURL: http://www.businessdailyafrica.com/lifestyle/547058-547058-1027qmj/index.html
  5. name: business
  6. title: Business News

  1. newsPriority: 0.021
  2. calculatedNewsPriority: 0.054
  3. description: View the latest and breaking News
  4. parsedURL: http://www.businessdailyafrica.com/lifestyle/547058-547058-1027qmj/index.html
  5. name: news
  6. title: News

  1. newsPriority: 0.063
  2. calculatedNewsPriority: 0.096
  3. description: View the latest and breaking news on Economy & Money
  4. parsedURL: http://www.businessdailyafrica.com/economy/3946234-3946234-65o5j7/index.html
  5. name: economy
  6. title: Economy News

  1. newsPriority: 0.063
  2. calculatedNewsPriority: 0.096
  3. description: View the latest Opinions from policy makers
  4. parsedURL: http://www.businessdailyafrica.com/analysis/539548-539548-bepu06/index.html
  5. name: opinion
  6. title: Opinions

  1. newsPriority: 0.053
  2. calculatedNewsPriority: 0.086
  3. description: View the latest and breaking Corporate News
  4. parsedURL: http://www.businessdailyafrica.com/corporate/539550-539550-75xmgez/index.html
  5. name: corporate
  6. title: Corporate News

  1. newsPriority: 0.063
  2. calculatedNewsPriority: 0.096
  3. description: View the latest and breaking Market News
  4. parsedURL: http://www.businessdailyafrica.com/markets/539552-539552-ujwmr5/index.html
  5. name: markets
  6. title: Markets News

  1. newsPriority: 0.021
  2. calculatedNewsPriority: 0.054
  3. description: View the latest Lifestyle News
  4. parsedURL: http://www.businessdailyafrica.com/lifestyle/547058-547058-1027qmj/index.html
  5. name: lifestyle
  6. title: LifeStyle News

compoundTime
  1. timeLastCalculatedUpdate: Mar 24, 2019 10:13:28 PM
  2. timeModifiedAsFromUser: Mar 24, 2019 9:44:01 AM
  3. timeCreatedAsFromServer: Mar 24, 2019 10:13:05 PM
  4. timeUpdatedAsFromUser: Mar 24, 2019 10:13:28 PM
  5. timeCreatedAsFromUser: Mar 24, 2019 7:00:00 PM
  6. timeUpdatedAsFromServer: Mar 24, 2019 10:13:28 PM
  7. timeModifiedAsFromServer: Mar 24, 2019 10:12:59 PM