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26 June 2013

Kenya's tourism revenue on the rise

TOURISM revenue in Kenya, the country’s second-biggest foreign exchange earner, is forecast to rise to more than 100-billion shillings ($1.2bn) this year, according to KTB Managing Director Muriithi Ndegwa, 

East Africa’s largest economy expects a lift after the passage of peaceful elections in March eased tourists’ concern about violence and political instability, Ndegwa, said in Nairobi on Monday.

"We expect to surpass the 100-billion shilling mark this year on increased visitors as a result of the peaceful elections," he said.

Arrivals may rise 10%, he predicted. The tourism industry is Kenya’s second-largest source of foreign exchange revenue, following agriculture.