More firms hire short-term staff as festive demand rises

The transport and tourism sectors (hospitality and accommodation) often record the highest activity during the festivities. 

Photo credit: Fotosearch

More companies outside the banking sector are hiring additional short-term employees to handle demand pressures during Christmas festivities, a new Central Bank of Kenya (CBK) survey has revealed, turning the tide on a wave of layoffs that has been the hallmark of 2024.

The survey, conducted in November, found that at least 45 percent of companies in the non-banking sector said they expected to increase their employees before the end of the year.

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