The gap between Kenya’s imports and exports widened in the first two months of the year to Sh192 billion from Sh175 billion in the same period last year, official records show.
Latest Central Bank of Kenya (CBK) data indicates export earnings dropped from Sh110.7 billion to Sh104 billion blamed on poor earnings from tea. By comparison, import bills grew slightly by 3.4 percent to a record Sh296 billion, highlighting growing appetite for foreign goods. This comes as Pakistan ceded its first...