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Author Topic: Kenya's economy accelerates in second quarter despite tourism slump  (Read 1617 times)

Offline Olekoima

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Kenya's economy accelerates in second quarter despite tourism slump
« on: October 13, 2014, 04:13:10 PM »
NAIROBI (Reuters) - Kenya's economy accelerated in the second quarter thanks to fast growth in construction, manufacturing and financial services, which offset a slump in tourism following attacks blamed on Islamist militants......
http://af.reuters.com/article/investingNews/idAFKCN0I20WK20141013

Offline Georgesoros

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Re: Kenya's economy accelerates in second quarter despite tourism slump
« Reply #1 on: October 13, 2014, 05:35:29 PM »
If there were acceleration taking place, you'll notice a chnage in employment. Everytime I call my relas, no JOB. So,  where is the money going?

Offline RV Pundit

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Re: Kenya's economy accelerates in second quarter despite tourism slump
« Reply #2 on: October 13, 2014, 05:50:31 PM »
Kenya economy is resilient because it well diversified. Even if tourism was to close down...that would just take off 100B..which can easily be replace by growth in other industries.

Offline Olekoima

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Re: Kenya's economy accelerates in second quarter despite tourism slump
« Reply #3 on: October 14, 2014, 06:49:20 PM »
Quote from: Parkerpen on October 13, 2014, 05:35:29 PM
If there were acceleration taking place, you'll notice a chnage in employment. Everytime I call my relas, no JOB. So,  where is the money going?

I don't think this is the indicator.
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