×
App Icon
The Standard e-Paper
Kenya's Bold Newspaper
★★★★ - on Play Store
Download Now

Job loss: How high taxes, weak demand are pushing firms to the brink

Vocalize Pre-Player Loader

Audio By Vocalize

Customers shop for household goods in a supermarket. [File, Standard]

Kenyan businesses are being squeezed by soaring taxes and muted consumer demand, forcing them to slash costs and automate operations to survive, a Central Bank of Kenya (CBK) survey shows.

Premium Article

Get Full Access for Ksh299/Week.

Fact-first reporting that puts you at the heart of the newsroom. Subscribe for full access.
Continue Reading  →
What you get
  • Unlimited access to all premium content
  • Ad-free browsing experience
  • Mobile-optimised reading
  • Weekly newsletters & digests
Pay via
M - PESA
VISA
Airtel Money
Secure Payments Kenya's most trusted newsroom since 1902
By Brian Ngugi 59 mins ago
Business
NCBA: Nedbank sale deal on track as profit up 9pc
Real Estate
How Sh27.8b project is revamping informal settlements in urban areas
Real Estate
Why housing has become an economic crisis
Sci & Tech
AI-driven cyber threats rise amid global skills shortage