Tuesday, May 3, 2016

Kenya announces a 5.6pc growth in 2015 GDP

A worker at a tea estate in Nandi Hills. Agriculture contributed 27.3pc of Kenya’s GDP last year. PHOTO | FILE

A worker at a tea estate in Nandi Hills. Kenya's economy expanded by 5.6 per cent product for the year 2015 from 5.3 per cent in 2014 helped by expansion of agriculture, construction and real estate sectors, the government has announced. PHOTO | FILE 
By NEVILLE OTUKI AND BRIAN NJOROGE

Kenya's economy expanded by 5.6 per cent in the year 2015 from 5.3 per cent in 2014 helped by expansion of agriculture, construction and real estate sectors, the government has announced.
The manufacturing sector rose 3.5 per cent raising its share of GDP to 10.3 per cent helped lower energy prices.
Tourism earnings for 2015 were down by 3 per cent to Sh84.6bn as international visitor arrivals dropped 12 per cent to 1.8m.
Uganda's economy grew by 5.6 per cent with Tanzania's economy soaring by 6.9 per cent as Rwanda's vibrated by 6.5 per cent.

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