Kenya business activity shows first expansion since Aug, PMI survey shows

Kenya’s private sector activity bounced back in February to record its first expansion since August, helped by easing inflation and gains in agriculture, manufacturing and services, a survey showed on Tuesday. The Stanbic Bank Kenya Purchasing Managers’ Index (PMI) jumped to 51.3 in February from 49.8 a month earlier. Readings above 50.0 signal growth, while … Continue reading Kenya business activity shows first expansion since Aug, PMI survey shows