Kenya’s Sh1 trillion trade deficit: Why the import bill is becoming a bigger problem

Kenya is selling more to the world, but it is spending even more buying from it. The country’s goods trade deficit has climbed to nearly Sh1 trillion, exposing a widening gap that could put renewed pressure on foreign exchange, inflation and the shilling. Data from the Kenya National Bureau of Statistics (KNBS) shows that Kenya’s […] The post Kenya’s Sh1 trillion trade deficit: Why the import bill…