Hiring rebounds as private sector activity hits highest level since Covid

Firms in Kenya resumed hiring in November after a near-freeze in October.

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Firms in Kenya resumed hiring in November after a near-freeze in October, buoyed by the strongest private sector activity performance since the height of the Covid-19 pandemic era in October 2020.

The Stanbic Bank Kenya Purchasing Managers Index (PMI) rose sharply to 55.0 points in November, up from 52.5 in October, signalling the fastest improvement in business conditions in more than five years.

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