No, trouble started recently, last year is when it's manifested itself, but the genesis was the 2016 interest rate capping. It was bold policy experimentation that failed and I am glad we learned it doesn't work - and the banks have also learned we can bring it back if they cannot self-regulate and adopt oligarchy tendencies.
This year is special- COVID-19. Otherwise, we would have grown around 4-5%.
If this year the economy grows - it will be a miracle. I am expecting contraction now.
A few months you were always optimistic about the Kenyan economy. The economy started going down in 2013 when the ruling duo went on a borrowing spree and most of the monies landed in private pockets.