Why Kenyan Companies Are Not Hiring Despite Rising Sales

Kenyan companies are slowing down recruitment despite receiving more orders and recording stronger sales, with rising operating costs and cash-flow difficulties emerging as some of the pressures facing businesses.The latest Stanbic Bank Kenya Purchasing Managers’ Index (PMI) shows that new orders grew at the fastest pace in almost a year in October, driven by increased customer activity, referrals, higher footfall and new contracts.