job losses Stories

Official statistics from the Kenya National Bureau of Statistics show formal job creation fell to 75,500 in 2024, down sharply from 123,000 in 2023.

FKE Executive Director Jacqueline Mugo said many firms in the region have shut down because of high operating costs, causing about 5,000 people to los...

The Registrar of companies has earmarked a further 101 companies for closure in the coming 3 months unless a valid reason is given to prevent the diss...

Kenya Power has long battled an ageing power grid, but financial constraints have prevented it from carrying out a much-needed overhaul.

Kenya Airways noted that this development marks its first profit after tax for the period since 2013.