Manufacturers borrow Sh17b more on low interest market

A manufacturing plant. KAM report shows that majority of manufacturers expressed a negative outlook on the economy. [File, Standard]

A relaxed monetary policy saw manufacturers borrow Sh17.2 billion more in the second quarter of this year, even as growth in the sector slowed down compared to the same period in 2024.

Data from the Kenya National Bureau of Statistics (KNBS) shows that in the three months ended June 2025, the sector’s real gross domestic product (GDP) expanded by one per cent compared to 3.2 per cent in the same period last year. However, loans to the sector increased to Sh598.3 billion.