Kenya’s economy rebounded to grow 7.5 percent in 2021 compared to a contraction of 0.3 percent a year earlier, according to this year’s economic survey released today.
Statistics office, Kenyan National Bureau of Statistics attributed the economic expansion to easing of Covid-19 restrictions which helped recovery in key sectors with exception of agriculture.
“All the economic activities registered positive growth other than agriculture. There has been sound macroeconomic management to support growth,” KNBS managing director Macdonald Obudho said “Our economy has picked and we are growing at that high rate. The world has grown by 5.9 percent [while] Kenya has grown by 7.5 percent.”
Steven Umidha is a data and financial journalist with over 15 years of work experience in journalism and communication.
He specialises in finance and economics reporting as well as on the causes, impacts, and solutions of global warming, conservation, pollution and sustainability, often blending scientific literacy with journalist ethics, while involving policy analysis and multimedia storytelling across various platforms in highlighting issues from biodiversity loss to ecological justice.
He is the founder of Financial Fortune Media, and a Co-founder of One Planet Agency (OPA). He has previously worked with the Standard Media Group, Mediamax Networks LTD, bird story agency, Business Journal Africa, and Financial Post among other outlets.
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