Search


	Podcast:		Africa Business News
	Episode:		Tourism Industry in Kenya - Identifying Key Trend in Nairobi
	Category:		Business
	Duration:		00:29:11
	Publish Date:		2017-09-08 04:00:00
	Description:		Africa Business Radio — Tourism is the second largest contributor of FDI after Agriculture; Kenya’s economy will grow at a healthy pace in 2017. The economy is supported by a strong rebound in exports and steady (though somewhat slower) gains in private consumption. The slow growth in credit – which stems from the government’s decision to cap interest rates – curbs business investment. Uncertainty about the coming presidential election also dampens investor sentiment. Growth of real GDP will gradually rise, reaching 6.5% per year in the medium term. To fully benefit from the region´s tourism potential governments and stakeholders should work together to address issues such as infrastructure, security and sustainability by integrating the right policies and regulations. Africa Business Radio
	Total Play:		0