Kenyans who work in institutions and firms are in panic mode as they stare job loss following the latest move by the Kenya kwanza government.
The new tax measures about to be introduced by the government has seen even public institutions like public universities are unable to cope with the high wage bill making them to reduce the number of staff.
According to the Taifa Leo newspaper, flower farms mostly in the rift valley region have already fired over three hundred workers for the last weeks over increased cost of production.
Egerton university and Rongo university have fired part of their staff for fear that the revenue that they generate might not sustain the working population in the Institutions.
This is coming at a time when the government is set to introduce the 2023 finance bill that is expected to increase the tax levied on basic commodities and fuel.
President William Ruto defended the bill saying that it’s aiming at reducing the foreign borrowing.
It also coming at a time when EPRA has announced new hiked prices of fuel that may significantly increase the cost of transport and production