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Economic slump threatens Kenya

Discussion in 'Kenyan News and Politics' started by MaxShimba, Nov 21, 2011.

  1. MaxShimba

    MaxShimba JF-Expert Member

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    Nov 21, 2011
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    Economic slump threatens Kenya

    The value of Kenya's shilling has plummeted, interest rates are through the roof, and inflation has soared to almost 20 per cent.

    The country's economy is suffering but analysts say it is all linked to the country's political cycle as it rolls towards elections in 2012.

    In a year far more turbulent than even Greece's, the economy has squeezed thousands of companies into a corner.
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  2. Bantugbro

    Bantugbro JF-Expert Member

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    Kibaki will say don't blame me, blame the war...
     
  3. MaxShimba

    MaxShimba JF-Expert Member

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    Nov 21, 2011
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    Uhuru, Ruto where art thou?
     
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