Kenya’s private sector activity up on rising sales
The latest Stanbic Bank Kenya Purchasing Managers' Index (PMI) rose to 50 in June from 46.6 in May, signalling a stabilisation in business conditions...
✨ Key Highlights
Kenya's private sector activity stabilized in June, recovering from three months of contraction as rising sales boosted business conditions.
- The Stanbic Bank Kenya Purchasing Managers’ Index (PMI) climbed to 50 in June from 46.6 in May, indicating a return to stable operating conditions.
- The rebound was driven by stronger customer orders leading to increased new orders and sales, despite ongoing challenges of weak consumer spending and high operating costs.
- Firms remain optimistic about future output due to advertising, technology adoption, and expectations of lower fuel costs, according to Standard Bank Economist Christopher Legilisho.
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Kenya Courts Chinese Manufacturers to Boost Local Industrial Production - July 2026
Kenya is actively seeking partnerships with Chinese manufacturers through the 3rd China (Linyi)-Kenya International Commodity Exhibition to expand local industrial production. Separately, a group of investors under Kipenzi Sugar Limited plans to establish a new Sh1.46 billion sugar factory in Siaya County. Further, Kenya's manufacturers are urging the government to implement reforms including reducing electricity costs and tackling corruption to boost industrial growth and competitiveness. Meanwhile, the country's private sector activity stabilized in June, recovering from three months of contraction as rising sales boosted business conditions.
