Firms hire, raise salaries at fastest pace in months

Federation of Kenya Employers (FKE) chief executive Jacquline Mugo. FILE PHOTO | NMG

Kenya’s private sector jobs for September expanded at the fastest pace since January as firms raced to clear orders from previous months, findings of a monthly survey show.

Stanbic Bank Kenya’s Purchasing Managers Index (PMI) found that companies increased workforce for the fifth month in a row, with salaries growing fastest in three months as a form of motivating staff and compensation for extended working hours.

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Note: The results are not exact but very close to the actual.