Parastatals to feel the pinch with 30% budget cuts
With mounting pressure to curb extravagant spending in his administration, President Ruto has ordered CEOs of State Corporations to slash
Read MoreWith mounting pressure to curb extravagant spending in his administration, President Ruto has ordered CEOs of State Corporations to slash
Read MoreThe number of ships docking at the Port of Mombasa decreased by 4.5 percent to 1,561 in 2022 reflecting decreased activity in Kenya’s transport sector during the year. The slowdown in the sector’s growth was partly on account of a decline in total cargo throughput at the Port of Mombasa by 1.9 percent to stand at 33.74 million metric tonnes in 2022. The latest data from the Kenya National Bureau of Statistics shows that import cargo traffic went down by 2.3 percent to 26.7 million metric tonnes in the year under focus when the country’s real GDP expanded by 4.8 percent on shrinking agricultural output….
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