Economic crossroads in East Africa: Inflation, exchange rates, and market performance

Despite on-going protests over the Finance Bill, the PMI (Purchasing Managers' Index) is rising, indicating Kenya's private sector growth. However, inflation is nearing the central bank's target, raising questions about potential adjustments to the bill. Conversely, the Ugandan Shilling is strengthening against the US dollar, potentially impacting trade as the stock market experiences a strong year. To unpack some of these economic crossroads across the region, CNBC Africa is joined by Pamela Akidi, Manager, Retail Sales Global Markets at Stanbic Bank Uganda.
Wed, 03 Jul 2024 14:46:04 GMT

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