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June 18, 2025
2mo ago

Employers Issue Warning of Possible Job Cuts

Employers Issue Warning of Possible Job Cuts

Businesses have been forced to close completely for some days in the last two weeks...

✨ Key Highlights

The Kenya Private Sector Alliance (KEPSA) has warned that ongoing protests in Kenya could lead to job losses and deter investors, following significant business disruptions and damages.

  • 4.7% GDP growth recorded last year, down from 5.7% in 2023, impacting job creation.
  • The warning comes as protests, including a potential shutdown on June 25, threaten to destabilize the business environment.
  • KEPSA highlighted a drop in formal job creation, with only 78,600 jobs created, compared to 123,000 in 2023.

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