CEOs Survey of November 2025
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CEOs Survey of November 2025

December 18, 20254 min readResearch Department

Executive survey reports sustained growth prospects for the Kenyan economy with positive business sentiment.

The Central Bank of Kenya's CEO Survey for November 2025 gathered insights from chief executives across various sectors of the economy.

Business Sentiment:

Overall business confidence improved significantly:

  • 78% of CEOs expect revenue growth in 2026
  • 65% plan to increase capital expenditure
  • 58% intend to expand workforce

Sector Performance:

Services:

  • Tourism sector showing strong recovery
  • Financial services reporting robust growth
  • ICT sector continues rapid expansion

Manufacturing:

  • Gradual recovery in domestic demand
  • Export orders increasing
  • Input cost pressures easing

Agriculture:

  • Improved weather conditions boosting output
  • Agro-processing investments increasing
  • Export volumes rising

Key Challenges:

  1. Access to affordable credit
  2. Regulatory compliance costs
  3. Infrastructure gaps
  4. Skills mismatch

Investment Intentions: CEOs indicated plans to invest in:

  • Technology and digitalization (72%)
  • Capacity expansion (58%)
  • Human capital development (54%)

The survey results indicate a positive outlook for Kenya's business environment in 2026.

CEO SurveyBusiness SentimentEconomy