In Kenya, the private sector is declining under economic pressures

According to Stanbic Bank, the Purchasing Managers' Index (PMI) in Kenya fell to 47.7 in March, indicating a contraction in private sector activity. This decline is attributed to a decrease in demand and the repercussions of the war in the Middle East. In response, many companies have reduced their production and adopted cautious strategies, affecting the flow of money in the economy and putting pressure on household budgets.