Hospitality And Tourism Sectors Most Optimistic In The Latest Kepsa Ceo Confidence Index
The Kenya Private Sector Alliance (KEPSA) introduced the CEOs Business Confidence Index Report 2022 showing that most business executives expect a stable economy after elections, to support higher industry business growth.
With the current CEOs Business Confidence Index standing at 61 points overall, the business executives also expressed optimism to hire additional full-time employees in the next six months, which will translate to increased business operations.
“This sentiment is reported against the backdrop of the ongoing war in Ukraine that has disrupted global value chains resulting in price increases in fuel, wheat, and fertilizer, which are critical inputs for Kenya’s manufacturing and agriculture sector, coupled with the rise in inflation globally,” said KEPSA CEO Carole Kar...