Kenyan CEOs are significantly scaling back their expansion plans due to mounting geopolitical tensions and their impact on operating costs and economic growth prospects.

• 37% of chief executives are extremely concerned about the impact of geopolitical tensions on their firms’ expansion plans over the next 12 months.
• The Central Bank of Kenya (CBK) conducted a survey indicating that geopolitical developments, particularly Middle East tensions, are a primary source of operational disruption.
• Key impacts include rising fuel prices, increased inflation, and disrupted supply chains, leading to fears of slower growth in sectors like manufacturing and retail.