Alex Kanyi appeared on KBC where he joined Obrien Kimani to discuss global conflict and the Kenya economy

Alex noted that the ongoing global conflict has significantly disrupted oil supply chains, resulting in rising fuel prices and increased import costs for countries such as Kenya. As a net importer, Kenya is likely to experience higher costs in acquiring essential goods and commodities, which will place additional pressure on businesses and consumers alike.

Alex further highlighted that Kenya’s tea exports to global markets may also be affected by the instability and uncertainty created by the conflict. The rising cost of fuel is expected to have a direct impact on manufacturers, particularly those relying on diesel-powered generators to offset electricity challenges. Increased operational costs may ultimately be passed on to consumers through higher product prices.