Kenya cenbank says economic growth has slowed

Kenya's economic growth is estimated to have declined to 0.4% in the 12 months to August, from 1.4% in the previous year, the Central Bank of Kenya said. "The slowdown was in all sectors," the bank said in its monthly economic review for November.

The bank said the general decline in economic activity was because of the inadequate and inefficient use of investment resources. The bank also blamed the country's prolonged drought, poor governance, insecurity, mismanagement of farmers institutions

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