Nipate

Forum => Kenya Discussion => Topic started by: Olekoima on October 13, 2014, 04:13:10 PM

Title: Kenya's economy accelerates in second quarter despite tourism slump
Post by: Olekoima 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

Title: Re: Kenya's economy accelerates in second quarter despite tourism slump
Post by: Georgesoros 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?

Title: Re: Kenya's economy accelerates in second quarter despite tourism slump
Post by: RV Pundit 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.

Title: Re: Kenya's economy accelerates in second quarter despite tourism slump
Post by: Olekoima 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.