Kenya's Tatu City: A private urban oasis sparks controversy
6 Articles
6 Articles
Kenya's Tatu City: A private urban oasis sparks controversy
Tatu City is a privately built and managed urban development near Nairobi, designed to attract investment and offer modern infrastructure where public services are often lacking. Run by the firm Rendeavour, it hosts 25,000 residents and workers, drawing a large share of Kenya’s foreign investment. But while touted as a model for Africa’s urban future, it has also sparked criticism over transparency, inequality, and ongoing legal and financial co…
Kenya’s Private Sector Hits 27-Month Growth Peak in April
Kenya’s private sector recorded its strongest growth in 27 months in April, driven by robust sales and heightened business activity, according to the Stanbic Bank Kenya Purchasing Managers’ Index (PMI) released on Tuesday. PMI Signals Robust Expansion The PMI rose to 52.0 from 51.7 in March, marking its highest level since January 2023. A PMI [...] The post Kenya’s Private Sector Hits 27-Month Growth Peak in April appeared first on Khusoko - Eas…
Kenya's Economic Growth Down to 4.7% in 2024, Says KNBS
Kenya’s economy expanded by 4.7% in 2024, down from the 5.7% growth registered in the previous year, according to the latest economic survey by Kenya National Bureau of Statistics. Despite the deceleration, growth was observed across most sectors of the economy, with the exception of construction, agriculture forestry and fishing and mining. The Agriculture, Forestry … The post Kenya’s Economic Growth Down to 4.7% in 2024, Says KNBS first appear…
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