Many firms remain cautious about making long-term investments or expanding permanent capacity.
By
Constant Munda
Correspondent
Nation Media Group
Private firms in Kenya stepped up recruitment of workers on short-term contracts in July as they raced to cope with rising new orders despite overall production contracting for a fifth consecutive month, signalling an uneven economic recovery.
Many firms reported that higher costs continued to erode purchasing power among consumers, reducing spending on goods and…
Kenyan businesses cut jobs in May for the first time in 15 months as weakening demand and rising costs spill into the labour…
Firms have been increasingly turning to contract staff to control costs.
Kenya's worsening economic slowdown has reduced consumers' purchasing power, leading to declining business sales, falling demand,…
A more supportive macroeconomic environment encouraged firms to invest in showroom vehicles.
Business confidence rises but orders and employment fall amid ongoing uncertainty
Manufacturing activity hits 5-year low as growth of new orders slows
Nigeria's private sector growth extends to six months as demand strengthens - Businessday NG
Economy posts robust growth but leaves Kenyans worse off
India's services sector growth hits four-and-a-half-year low in July on weak demand: PMI
India's July factory growth near five-year low on weaker demand, PMI shows
Manufacturing index hits 7-month low as caution persists
PMI Manufacturing slips to near 5-year low in July
India's July services sector growth slides to over four-year low as demand wilts: PMI
Private sector conditions improve in July as price pressures ease
South African private sector growth slows slightly in July, PMI shows
