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Originally published by The Standard Business
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June 5, 2026
4h ago

Business activity dips in May amid deepening economic crisis

Business activity dips in May amid deepening economic crisis

Kenya's worsening economic slowdown has reduced consumers' purchasing power, leading to declining business sales, falling demand, reduced economic activity, and job losses across multiple sectors...

✨ Key Highlights

Kenyan business activity experienced its sharpest decline in nearly two years during May, as persistent economic pressures force consumers to tighten their spending.

  • The new survey indicates sales dropped at the fastest pace since mid-2025, with job cuts occurring for the first time this year.
  • Businesses across various sectors, from retail to construction and transport, are facing significant cash flow issues.
  • Soaring fuel and food costs are identified as the primary drivers behind reduced consumer spending.

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