The jobs caution is emerging even though CEOs are reporting a more favourable operating environment, the CBK report shows.
By
Constant Munda
Correspondent
Nation Media Group
More than three-quarters of Kenya’s chief executive officers have signalled little appetite to expand full-time jobs in the coming months, dealing a fresh blow to thousands of jobless graduates in an increasingly crowded labour market.
Kenyan businesses cut jobs in May for the first time in 15 months as weakening demand and rising costs spill into the labour…
Many firms remain cautious about making long-term investments or expanding permanent capacity.
Kenyan business leaders are becoming more confident about the prospects of their own companies, even as concerns over the…
Many firms reported that higher costs continued to erode purchasing power among consumers, reducing spending on goods and…
New Bills tabled in Parliament seek to dissolve six regional development authorities, triggering the redeployment of their CEOs…
Strong recruitment by leading banks helped expand payrolls despite automation trends, with lenders replacing thousands of workers…
