Kenyans are bracing for significant job losses as the Registrar of Companies announced the dissolution of 126 companies and warned 392 others of imminent closure. This comes amidst a challenging economic environment and rising unemployment in the country.

• A total of 126 companies across various sectors, including logistics, real estate, manufacturing, and retail, have already been dissolved.
• Hiram Gachugi, the Deputy Registrar of Companies, issued notices in the Kenya Gazette regarding the closures and warnings.
• An additional 392 companies are facing closure; 308 will be struck off if they cannot prove ongoing operations, and 92 more will be dissolved within three months unless cause is shown against it.