Kenya’s dwindling economic fortunes

Traders in Nairobi are sounding the alarm as the cost of food items soars to unprecedented heights! frustration is evident as many are now being compelled to import essential products from neighbouring Tanzania and Uganda, where competitive pricing offers a lifeline amid skyrocketing local costs. his dramatic shift comes on the heels of the latest KNBS quarterly balance of payments report, revealing a concerning slowdown in Kenya's economic growth at only 4.0% in the third quarter of 2024, a stark decline from the robust 6.0% growth recorded in the same period last year. This startling statistic has ignited a fierce debate among kenyans, who are questioning the sustainability of the economy and the rising tide of import dependency.