Economic slump threatens Kenya

Analysts say there is no reason why the country's economy should be retracting, despite weak finances.

    The value of Kenya's shilling has plummeted, interest rates are through the roof, and inflation has soared to almost 20 per cent.

    The country's economy is suffering but 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.

    SOURCE: Al Jazeera


    YOU MIGHT ALSO LIKE

    Interactive: How does your country vote at the UN?

    Interactive: How does your country vote at the UN?

    We visualised 1.2 million votes at the UN since 1946. What do you think are the biggest issues facing the world today?

    'We were forced out by the government soldiers'

    'We were forced out by the government soldiers'

    We dialled more than 35,000 random phone numbers to paint an accurate picture of displacement across South Sudan.

    Interactive: Plundering Cambodia's forests

    Interactive: Plundering Cambodia's forests

    Meet the man on a mission to take down Cambodia's timber tycoons and expose a rampant illegal cross-border trade.