Pay rises to 21-month high amid recovery from Covid



Business Daily | by Constant Munda


Kenyan private firms raised workers’ June pay at the highest rate in 21 months in a bid to boost productivity, signalling economic recovery from Covid-19 economic hardships.

Stanbic Bank Kenya’s Purchasing Managers Index (PMI) – which measures month-on-month changes in private sector activity output, new orders and employment – says last month’s pay growth was the highest since October 2019…

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