×
App Icon
The Standard e-Paper
Fearless, Trusted News
★★★★ - on Play Store
Read on the App

Kenya’s economy grew 5.8 percent as 800,000 new jobs created

NAIROBI, KENYA: Kenya's economy grew by 5.8 percent in 2016 compared to 5.7 reported last year, Kenya National Bureau of Statistics said on Wednesday.

During the period under review the economy experienced conducive macroeconomic but the growth was hit by drought and a considerable slowdown in the uptake of credit in the fourth quarter.

Get Full Access for Ksh299/Week
Uncover the stories others won’t tell. Subscribe now for exclusive access
  • Unlimited access to all premium content
  • Uninterrupted ad-free browsing experience
  • Mobile-optimized reading experience
  • Weekly Newsletters
  • MPesa, Airtel Money and Cards accepted
Already a subscriber? Log in