Close Menu
    Facebook X (Twitter) Instagram
    Facebook X (Twitter) Instagram
    KahawatunguKahawatungu
    Button
    • NEWS
    • BUSINESS
    • KNOW YOUR CELEBRITY
    • POLITICS
    • TECHNOLOGY
    • SPORTS
    • HOW-TO
    • WORLD NEWS
    KahawatunguKahawatungu
    BUSINESS

    Kenya’s Economy Expands 10.1 Percent In Q2

    Francis MuliBy Francis MuliNovember 10, 2021No Comments1 Min Read
    Facebook Twitter WhatsApp Telegram Email
    Share
    Facebook Twitter WhatsApp Telegram Pinterest Email Copy Link

    Kenya’s economy grew by 10.1 percent in the second quarter of 2021 despite the hardships occasioned by the Covid-19 pandemic, a new report has shown.

    According to the data by the Kenya National Bureau of Statistics (KNBS), the Gross Domestic Product (GDP) contracted by 0.7 percent in the first quarter.

    In the first quarter of 2020 when Covid-19 was first reported in the country, the GDP contracted by 4.4 percent and further by 4.7 percent in the second quarter of 2020.

    “The growth recorded was mainly as a result of easing Covid-19 containment measures that facilitated gradual resumption of economic activities,” said Treasury Secretary Ukur Yatani.

    Read: Internet Economy to Contribute Sh786 Billion to Kenya’s GDP in 2020

    The rapid expansion of the economy in the second quarter of 2021 was attributed to the resumption of learning activities which surged 67.6 percent year-on-year followed by the ICT sector at 25.2 percent.

    Other sectors with significant jumps in inactivity were services (20.2 percent) and manufacturing (9.6 percent).

    Email your news TIPS to Editor@kahawatungu.com or WhatsApp +254707482874. You can also find us on Telegram through www.t.me/kahawatungu

    Stay connected via Google News
    Follow us for the latest news updates and guides.
    Add as preferred source on Google

    Email your news TIPS to Editor@Kahawatungu.com — this is our only official communication channel

    Economy GDP
    Follow on Facebook Follow on X (Twitter)
    Share. Facebook Twitter WhatsApp LinkedIn Telegram Email
    Francis Muli
    • Website
    • Facebook
    • X (Twitter)
    • Instagram
    • LinkedIn

    Follow me on Twitter @francismuli_ Email: Editor@Kahawatungu.com

    Related Posts

    Court restrains Senator Onyonka from repeating claims against Governor Arati

    September 30, 2026

    Sifuna team wins as Tribunal orders Registrar to reserve Linda Mwananchi Party name

    September 30, 2026

    CBK Licenses 29 More Digital Credit Providers, Bringing Total to 281

    September 30, 2026

    Comments are closed.

    Latest Posts

    Court restrains Senator Onyonka from repeating claims against Governor Arati

    September 30, 2026

    Execution of US murderer Christa Pike halted an hour before it was due to happen

    September 30, 2026

    Sifuna team wins as Tribunal orders Registrar to reserve Linda Mwananchi Party name

    September 30, 2026

    EU proposes climate rules delay, warning of ‘challenging’ winter ahead

    September 30, 2026

    FBI official tells hackers to get in touch, says ‘we know how to find you’

    September 30, 2026

    Turkey seizes jet from Iran’s Caspian Airlines over unpaid debt

    September 30, 2026

    Sunshine Development Tour makes West African debut at Lakowe Lakes Classic

    September 30, 2026

    Move to rejoin EU among options for UK, says Burnham

    September 30, 2026
    Facebook X (Twitter) Instagram Pinterest
    © 2026 Kahawatungu.com. Designed by Okii.

    Type above and press Enter to search. Press Esc to cancel.