Economic Slump Threatens Kenya
- Publisher:
- Al Jazeera
- Publication Date:
- 20 November 2011
- Tags:
- Kenya, Governance, Currencies
The value of Kenya's shilling has plummeted, interest rates are through the roof, and inflation has soared to almost 20 percent.
The country's economy is suffering and analysts say it is all linked to the country's political cycle as it rolls towards elections in 2012.
In a year far more turbulent than even Greece's, the economy has squeezed thousands of companies into a corner.
Al Jazeera's Peter Greste reports from the capital, Nairobi.
