{"id":226906,"date":"2025-05-14T18:49:19","date_gmt":"2025-05-14T15:49:19","guid":{"rendered":"https:\/\/www.ghafla.co.ke\/ke\/?p=226906"},"modified":"2025-05-14T18:49:20","modified_gmt":"2025-05-14T15:49:20","slug":"the-state-of-the-hustle-five-major-economic-wins-in-2025","status":"publish","type":"post","link":"https:\/\/www.ghafla.co.ke\/ke\/the-state-of-the-hustle-five-major-economic-wins-in-2025\/","title":{"rendered":"The State of The Hustle: Five Major Economic Wins in 2025"},"content":{"rendered":"

We usually don\u2019t scroll through pages of economic data or statistical yearbooks, but if ever there was a time to pay attention, it\u2019s now.<\/p>\n

The 2025 Economic Survey by the Kenya National Bureau of Statistics (KNBS) dropped this week – it\u2019s perfect mirror of where we stand and where we\u2019re headed.<\/p>\n

And no, it\u2019s not just for economists in suits. It\u2019s for every mama mboga, every student, every boda rider, every entrepreneur chasing a dream.<\/p>\n

We\u2019ve combed through the maze and spotlighted five key areas that affect all of us – no jargon, just facts with a pulse.<\/p>\n

\"\"
Kenya Vision 2030 Director General Mr Kenneth Mwige display the KNBS 2025 document alongside CS Finance John Mbadi during the launch in Nairobi. (Image: X)<\/figcaption><\/figure>\n

1. Jobs: Who’s Hiring?<\/strong><\/p>\n

Jobs are bouncing back.<\/p>\n

In 2024, the number of people in formal employment hit 3.3 million, up by 3.7%. What\u2019s driving this? The private sector.<\/p>\n

It created 91,800 new jobs, dwarfing the 27,100 added by the public sector. But let\u2019s not forget: informal employment – think jua kali, market stalls, gigs – still accounts for over 80% of all jobs.<\/p>\n

That\u2019s 16.8 million hustles powering the nation.<\/p>\n

So yes, the economy is healing. But the spotlight must stay on dignifying informal work and ensuring youth and women get a bigger slice of the employment pie.<\/p>\n

2. Big Strides in Infrastructure<\/strong><\/p>\n

If you\u2019ve been stuck in traffic or dodging potholes, here\u2019s some hope.<\/p>\n

The government spent KSh 471.9 billion on roads, rail, ports, and housing – a 13.2% jump from the previous year.<\/p>\n

This isn\u2019t just concrete and tarmac; it\u2019s a signal of serious intent to connect people, markets, and opportunities.<\/p>\n

Road construction took the lion\u2019s share, with 11,908 km of roads under maintenance or development.<\/p>\n

Housing projects, under the Affordable Housing Programme, also picked up pace – and we\u2019re seeing more keys handed to first-time homeowners.<\/p>\n

3. Industry & Manufacturing<\/strong><\/p>\n

Manufacturing grew by 2.0% in 2024.<\/p>\n

Not explosive, but steady. Food and beverages led the pack, contributing over 40% of the total manufacturing output. Cement, sugar, and steel were also on the up.<\/p>\n

But we still import more than we make.<\/p>\n

The message is clear – we must produce more locally, and the government\u2019s focus on value addition and Buy Kenya, Build Kenya must now translate into real action on the ground.<\/p>\n

4. Trade & Investment: Who’s Buying What?<\/strong><\/p>\n

Kenya exported goods worth KSh 1 trillion, up from KSh 873 billion.<\/p>\n

That\u2019s progress – especially in tea, horticulture, and apparel. But imports still dominate, clocking in at KSh 2.5 trillion. That\u2019s a trade deficit of KSh 1.5 trillion.<\/p>\n

However, the rise in exports means local producers are finding footing globally.<\/p>\n

What\u2019s needed now is more muscle for SMEs, easing logistics, and pushing regional trade aggressively under the AfCFTA umbrella.<\/p>\n

\"\"
A jua kali artisan in a workshop in Githurai 44, Nairobi (Image: Files)<\/figcaption><\/figure>\n

5. Money Matters: Banking & Finance<\/strong><\/p>\n

The financial sector is holding strong. Commercial bank deposits grew by 11.4%, hitting KSh 5.2 trillion.<\/p>\n

Lending to the private sector increased too, a good sign for business growth.<\/p>\n

Mobile money remains king – with over 2 billion transactions made through services like M-PESA and Airtel Money.<\/p>\n

In short, more Kenyans are banking, saving, and transacting digitally. The shift to mobile and agency banking is not just convenience – it\u2019s power in your palm.<\/p>\n

In a Nutshell ……\u00a0<\/strong><\/p>\n

The 2025 Economic Survey doesn\u2019t just capture numbers – it tells the story of resilience, rebuilding, and recalibration.<\/p>\n

We\u2019re not yet at the summit, but the path is clearing.<\/p>\n

The government\u2019s agenda is clear: build, empower, include. It\u2019s now up to us – citizens, businesses, communities – to plug in, participate, and push forward.<\/p>\n","protected":false},"excerpt":{"rendered":"

We usually don\u2019t scroll through pages of economic data or statistical yearbooks, but if ever there was a time to pay attention, it\u2019s now. The 2025 Economic Survey by the Kenya National Bureau of Statistics (KNBS) dropped this week – it\u2019s perfect mirror of where we stand and where we\u2019re headed. And no, it\u2019s not […]<\/p>\n","protected":false},"author":6067,"featured_media":226909,"comment_status":"closed","ping_status":"closed","sticky":false,"template":"template-parts\/template3.php","format":"standard","meta":{"footnotes":""},"categories":[310],"tags":[139873,105886,138539,139872],"class_list":["post-226906","post","type-post","status-publish","format-standard","has-post-thumbnail","hentry","category-entertainment","tag-2025-economic-survey-news","tag-jua-kali-news","tag-knbs-news","tag-vision-2030-news"],"yoast_head":"\nThe State of The Hustle: Five Major Economic Wins in 2025 - Ghafla! 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