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Multinationals reduce expat workers for first time in 5 years
Kenya Investment Authority (KenInvest) CEO John Mwendwa makes his remarks during the Consultative Session with Local Investors held at JW Marriott Hotel on May 29, 2025.
Photo credit: Francis Nderitu | Nation Media Group
Resident companies with foreign assets and liabilities last year cut foreign workers for the first time in five years, findings of a freshly released survey suggest.
The State-commissioned 2024 Foreign Investment Survey report shows that the number of expatriates in firms with foreign investments fell 12.52 percent in June 2024 to 3,502 workers from 4,003 a year earlier.
