Kenya’s economic potential points to a country capable of self-sustenance

CS Treasury Ukur Yatani [Jonah Onyango, Standard]

Covid-19 has extensively suppressed world economies over the past one year -Kenya’s included.

Thousands have had to contend with substantial pay cuts as their employers endeavoured to align to the tough times. In a report released last year, the Kenya National Bureau of Statistics (KNBS) noted that almost 4.64 million people had lost their jobs by June 2020 up from 2.94 in March 2020 when the first confirmed case of Covid-19 was reported. As it stands, the situation could be worse.