I actually think that those are conservative figures. The election might hamper growth slightly due to speculation but I believe a lot of companies even outside the telcoms sector are gearing up for countrywide expansion to offer services to new counties awash with minimum 2 billion ksh each year....
Kenyans may experience a new wave of robust economic growth driven by several factors including the telecommunications revolution, according to the latest economic forecast by the World Bank in Kenya.The economy is likely to expand at 4.9 percent in 2010 and 5.3 percent in 2011, says the Kenya Economic Update for December 2010. The economic report, Kenya at the Tipping Point, finds that growth of 6 percent is possible next year if no shocks occur.
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