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Survey shows CEOs optimistic even as business activities dip

A hawker displays his commodities at a kiosk in Nairobi's Kayole slum. [Denish Ochieng, Standard]

Kenyan businesses reported subdued performance in the third quarter of the year as they struggled against the high cost of living, a survey by the Central Bank of Kenya (CBK) has shown.

The CBK Chief Executive Officers (CEOs) Survey shows that after a period of impressive net growth, business confidence has started going down.

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