Kenya's Central Bank is set to revise its economy projections for 2020 in the wake of the COVID-19 pandemic. This comes at a time when the price of capital goods has increased in East Africa's economic capital but the some Analysts seem to be more optimistic – well at least according to a recent report published by the Institute of Chartered Accountants (SAICA) in England and Wales. Vincent Phiri from NKC Africa Economics joins CNBC Africa for more.
To achieve Kenya's vision a lot is anchored on macroeconomic stability, continuity in governance reforms, enhanced equity and wealth creation opportunities. At the 2019 International Finance Reporting standards week organized by The Institute of Certified Public Accountants of Kenya (ICPAK), there were multisector engagement and Michael Armstrong, Regional Director of Middle East, Africa and South Asia, at Institute of Chartered Accountants in England and Wales joins CNBC Africa for more.
There are fears that the African economy will be affected much with the increasing uncertainty in the global economy. To shed more light on their Quarterly economic forecast on Africa, Head of research at Institute of Chartered Accountants in England and Wales, Francois Conradie joins CNBC Africa for more.