Kenyan employees in organizations and businesses are scared about losing their employment as a result of the Kenyan government’s latest action in Kwanza
Public universities and other institutions are struggling to pay their high salaries due to impending government tax rises, causing them to cut workers.
According to the Taifa Leo daily, flower farms, primarily in the Rift Valley region, have laid off over 300 workers in recent weeks due to rising production expenses.
Rongo University and Egerton University lay off some of their workers due to worries that their individual schools’ financial sources would not be sufficient to support the workforce.
This comes shortly before the government announces its 2024 budget plan, which is likely to increase taxes on gasoline and essential goods. President William Ruto supported the measure, which aims to cut foreign borrowing.
It also coincides with EPRA’s announcement of more gasoline price rises, which could result in significant increases in transportation and production expenses.
By Nairobi