Manufacturing and ICT hit as growth forecast cut to 4.9pc

CBK

The Central Bank of Kenya.

Photo credit: File | Nation Media Group

Kenya’s manufacturing and ICT sectors are set to bear the brunt of the US-Israel war with Iran, even as the economy is seen growing at a softer pace this year on uncertainties.

The Central Bank of Kenya (CBK) has cut its economic growth forecast for 2026 by 0.4 percentage points to 4.9 percent, down from 5.3 percent previously on the implications of the war.

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