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Kenyan private sector firms cut employee salaries further
By Kepha Muiruri,
1427, March 3, 2021 (EAT)
Kenyan private sector firms have continued to trim employee salaries further as the demand for goods and services staggers. Also Read: Pain for Ken...
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Private sector activity hits 3-month high on further restrictions ease
By Kepha Muiruri,
1459, February 3, 2021 (EAT)
Activity by Kenya’s private sector hit a three-month high in January as players continue to profit from a further ease to COVID-19 restrictions. ...
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Cost pressures flatten firms’ post-pandemic recovery curve
By Kepha Muiruri,
1628, January 6, 2021 (EAT)
Input costs pressures have slammed the brakes on the recovery of Kenya’s private sector in the last month after an expansionary trend marked after t...
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Treasury ends COVID-19 tax relief measures to recover lost revenues
By Kepha Muiruri,
1612, December 4, 2020 (EAT)
The National Treasury has moved to cut off COVID-19 tax relief measures effective from January, 2021 as it seeks to reinstate lost government revenues...
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Business activity drops to a 5-month low on COVID-19 resurgence
By Kepha Muiruri,
1307, December 4, 2020 (EAT)
Private sector activity in the economy has slumped to a five-month low in November on COVID-19 resurgence fears. According to the monthly-published...
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Kenyan economy projected to see V-shaped recovery trend
By Kepha Muiruri,
1606, November 13, 2020 (EAT)
The Kenyan economy has been projected to see a V-shaped recovery trend as it re-emerges from the depths of the COVID-19 pandemic. This is according...
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Private firms end eight-month job cuts run as activity hits record high in October
By Kepha Muiruri,
1920, November 4, 2020 (EAT)
Kenya’s private sector halted an eight-month job cuts run to grow their payroll numbers in October as activity touched a new record high. Accordi...
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Economy grows nerves as second wave COVID-19 restrictions loom
By Kepha Muiruri,
1734, October 15, 2020 (EAT)
Businesses are growing uneasy as Kenya registers a second surge in the number of COVID-19 cases signalling a potential return to restrictions. Bare...
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Kenya tipped to escape recession on economic diversity
By Kepha Muiruri,
926, October 12, 2020 (EAT)
As the majority of countries fall into recession this year, Kenya has been tipped to escape contraction this year from its broad based economic struct...
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Private sector activity expands further in September
By Kepha Muiruri,
1717, October 5, 2020 (EAT)
Private sector activity in the country expanded for a third consecutive month in September as the economy recovers from the worst of the pandemic. ...
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Survey: COVID-19 has wiped out 80 per cent of private sector jobs created since 2015
By Kepha Muiruri,
1601, September 25, 2020 (EAT)
The COVID-19 pandemic has wiped out 80 per cent of all formal private sector jobs created since 2015, this is according to a new survey by the Federat...
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Diaz: Employees still integral to businesses amidst COVID-19 pandemic
By Guest Writer,
2027, September 8, 2020 (EAT)
When the government implemented strict measures to contain the COVID-19 pandemic including the partial closure of the economy, job losses became a pre...
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Local firms continue cutting jobs despite rebounding economy
By Kepha Muiruri,
2038, September 3, 2020 (EAT)
Kenya’s private sector has continued shedding jobs in spite of an improving macro-economic environment supported by an ease of COVID-19 restrictions...
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Kenya’s external trade grew to Ksh.191 billion in July
By Kepha Muiruri,
1543, September 2, 2020 (EAT)
The value of Kenya’s external trade volume grew by 12.4 per cent to Ksh.190.8 billion in the month of July from Ksh.169.7 billion in June. The re...
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President Kenyatta: Economy doing far better than anticipated in spite of COVID-19
By Kepha Muiruri,
1807, August 26, 2020 (EAT)
President Uhuru Kenyatta now says the economy is performing far much better than anticipated in spite of a general slump triggered by the COVID-19 pan...
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Local businesses register improvement after easing of COVID-19 restrictions in July
By Kepha Muiruri,
1856, August 5, 2020 (EAT)
Local businesses marked a significant improvement in activity/output levels last month from a further ease to restrictions including inter-County trav...
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Relaxed curfews lift private sector activity in June
By Kepha Muiruri,
1448, July 4, 2020 (EAT)
The relaxation of restriction measures including an ease to set curfew hours saw a lift in private sector activity across June as both demand and sale...
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Local businesses sacrifice profit margins, cut more jobs in May
By Kepha Muiruri,
829, June 5, 2020 (EAT)
Domestic businesses put their profit margins on the line to hold on to existing customers as the Covid-19 pandemic continued to weigh hard on local en...
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Kenyan firms cut jobs at the fastest rate on record in April – Survey
By Kepha Muiruri,
1528, May 6, 2020 (EAT)
Local firms retrenched staff at the fastest pace on record across April due to Covid-19 led disruptions to productivity, a new survey shows. The ne...
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CBK expected to cut base lending rate amidst uncertainty on policy results
By Kepha Muiruri,
1555, April 27, 2020 (EAT)
The Central Bank of Kenya (CBK) is largely expected to cut its base lending rate further when the Monetary Policy Committee (MPC) meets on Wednesday. ...
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