Jan 18, 2026
Economic Growth: According to the Kenya National Bureau of Statistics (KNBS) Q3’2025 Gross Domestic Product Report, the Kenyan economy recorded a 4.9% growth in Q3’2025, higher than the 4.2% growth recorded in Q3’2024. The improved performance was largely driven by accelerated growth in key sectors, with Mining and Quarrying rebounding to 16.6% in Q3’2025 from a 12.2% contraction in Q3’2024, Construction expanding by 6.7% in Q3’2025 from a 2.6% contraction in Q3’2024, and Electricity and Water Supply growing by 3.6% in Q3’2025 from 0.9% in Q3’2024. Consequently, the economy recorded an average growth of 4.9% in the first three quarters of 2025, an improvement from the 4.5% average growth recorded...Sub-Saharan Africa Regional Market
Jan 18, 2026
According to the World Bank’s Global Economic Prospects , growth in the Sub-Saharan Africa region is expected to rebound to 4.3% in 2026, from the estimated growth rate of 4.0% recorded in 2025 mainly attributable to the easing inflationary policies, ongoing reforms in some countries, improved fiscal support and domestic investment growth. However, the projections remain subject to key downward risks such as: If trade barriers and related uncertainty increase further, adverse shifts in trade policy may slow global growth, reduce demand for commodities like minerals and metals, and particularly affect countries heavily reliant on exports to the U.S., such as Côte d’Ivoire, Kenya, Lesotho, Madagascar, Mauritius, and South Africa Persistent global inflationary...Jan 18, 2026
Global Economic Growth: According to the World Bank’s Global Economic Prospects Report, global economic growth is expected to remain subdued, slowing down to 2.6%, from the estimated 2.7% growth rate in 2025. The expected economic slowdown is driven by the weakening of trade growth driven by trade tensions and policy uncertainty from higher tariffs. Tariffs have significantly risen since January 2025 and are further expected to rise in 2026, which could further weaken exports and demand. The 2026 inflation rate is expected to ease to 2.6% as compared to the 3.2% estimate in 2025, mainly attributable to weaker labor markets, lower demand for tradable goods, and declining energy prices However, despite the expected easing in inflation, global inflation...Nairobi Metropolitan Area (NMA) Serviced Apartments Report 2025
Dec 28, 2025
In 2024, we published the Nairobi Metropolitan Area Serviced Apartments Report 2024, which highlighted that the average rental yield for serviced apartments within the NMA increased by 0.5% points to 7.3% in 2024 from 6.8% in 2023. The improvement in performance was primarily on the back of improved occupancy rates and monthly charges by 5.9% points and 3.6%, to 72.2% and Kshs 3,155 per SQM, respectively, in 2024. This week, we update our report using 2025 market research data and by focusing on; Overview of the Kenyan Hospitality Sector, Introduction to Serviced Apartments, Supply and Distribution of Serviced Apartments within the NMA, Performance of Serviced Apartments in the NMA, Serviced Apartments Performance by Node Comparative Analysis - 2024/2025 Market PerformanceA Review of State-Owned Enterprises (SOEs) Privatization
Dec 21, 2025
Privatization involves selling government-owned assets (including shares in state-owned companies) to private individuals or businesses. This excludes selling new shares to current shareholders or financial restructuring within a company that might reduce the government's ownership percentage. The proof of long-term inefficiencies, misconduct, poor financial management, and waste in state owned enterprises (SOEs) necessitates the need for privatization which typically tries to increase economic efficiency by increasing a company's performance, hence eliminating or reducing the need for government economic intervention, attract private investment and foster innovation. Furthermore, privatizations have been utilized to promote competition in monopolized industries. By transitioning from state control to private ownership, these enterprises are envisioned to become more agile, responsive to market dynamics, and better positi...