G
Originally published by Ghafla! (Entertainment)
📰 Read Full Article
entertainment
January 8, 2026
4d ago

Job Crisis Looms As Government Moves To Shut Down 300+ Companies

Job Crisis Looms As Government Moves To Shut Down 300+ Companies

Thousands of Kenyan employees face an uncertain future following the government’s announcement of a massive cleanup of the national business registry. In a gazette notice dated January 2, 2026, the Registrar of Companies, Damaris Lukwo, revealed that over 300 firms are earmarke..

✨ Key Highlights

Thousands of Kenyan employees face an uncertain future as the government, through the Registrar of Companies, plans to shut down over 300 companies by April 2026 as part of a business registry cleanup.

  • Over 300 firms face dissolution in sectors including services, infrastructure, media & tech, and logistics.
  • The Business Registration Services (BRS), under the Attorney General’s office, is enforcing compliance due to reasons like failure to file annual returns and dormancy.
  • Companies have a 90-day grace period, until April 2, 2026, to "show cause" why they should remain on the register, as per Section 894 (3) of the Companies Act.

Continue Reading

Read the complete article from Ghafla! (Entertainment)

📰 Read Full Article
Advertisement
Advertisement