Kenya's inbound tourism market continued to contract in 2015 in the wake of security concerns caused by Al-Shabaab, a jihadi group based in neighboring Somalia. Due to this, western countries such as France have issued warnings to their nationa ..."
BMI View: Kenya's tourism market is expected to return to positive growth in 2016 with international
tourist arrivals from key European and North American source markets set to expand. The tourism industry
is supported by extensive travel infrastructure, including exp ..."
BMI View: It is estimated that formal retail now accounts for 30% of the total Kenyan retail sector,
contributing KES440bn to the country's GDP and employing nearly 200,000 staff. This contribution is
expected to rise significantly as formal shopping floor space is ..."
BMI View: Kenya will remain one of the most promising retail markets in Sub-Saharan Africa, supported
by growing infrastructure investment, improving financial conditions and rebounding tourism. This will
result in a rapid growth of household incomes, while expected i ..."
BMI View: Kenya is one of the most developed tourism markets in Africa, but its image has been tainted in
recent years due to terror threats. The government and the country's tourism board are heavily investing in
reviving the tourism industry, and international inves ..."
BMI View: Kenya's tourism sector has slumped over the last few years due to major terrorist attacks.
Tourism arrivals will decrease again in 2016, though to a lesser extent than in previous years. From 2017,
a gradual revival is expected. International tourism receipt ..."
BMI View: After last year's turbulence, 2016 is looking much better for the Kenyan economy. GDP is
forecast to grow by 6.1% this year and the Kenyan shilling has remained stable since Q415. However,
household income levels will register fairly unimpressive growth acro ..."
BMI View: Kenya's tourism sector is currently going through a slump. Traditionally the country has been a
popular tourist destination due to its abundance of safari options and its beautiful beaches. Over the last
few years however, Kenya has been the victim of a numb ..."
BMI View: Kenya's economic success is bound to extend into the medium term. As real output grows by
more than 6% annually for every year until 2019, the households will enjoy a steady income growth and
will indulge in retail spending, which is set to grow by 9.4% annu ..."
BMI View: Kenya's robust levels of economic growth combined with a growing urban population are
helping cultivate a more sophisticated retail market. We are expecting to see stable growth in household
spending over the next five years with much of the spending concent ..."