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A new two-year delay for Boeing's flagship 777X jet, triggering a KSh 782 billion ($4.9bn) charge, directly impacts the fleet expansion strategies of key regional airlines, including Ethiopian Airlines, Boeing's largest African customer.
The global lender's assessment, following a mission to Nairobi, suggests Kenya's currency management may be unsustainable, posing risks to foreign reserves and long-term economic health as the country negotiates a new loan programme.
A sharp downturn in approvals for non-residential buildings signals a cooling market for Kenyan investors, driven by an office supply glut, rising construction costs, and shifting work-from-home dynamics.
A slowdown in land price growth, particularly in Nairobi's satellite towns, signals a turning point for Kenya's real estate sector as squeezed household incomes and a slump in self-build projects temper years of rapid expansion.
