US tariffs hit 60pc of Kenyan firms, shows CBK survey

Workers at the Export Processing Zone in Athi River where companies operate under the tariff-free zone. 

Photo credit: File | Nation Media Group

At least 60 percent of companies have been affected by US President Donald Trump’s trade tariffs and other policy changes, a Central Bank of Kenya (CBK) survey has revealed.

The survey of chief executive officers (CEOs) of companies across different sectors shows that companies engaged in professional services have been affected most, followed by those in technology, and hotels.

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Note: The results are not exact but very close to the actual.