Hiring grows at fastest pace in 15 months as firms bet on economic recovery

More firms are hiring on a brighter economic outlook. 

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Hiring of staff by corporates in Kenya grew at the fastest rate in 15 months in August, a new tracker report showed Wednesday, signaling confidence in future demand for goods and services.

The latest Purchasing Managers’ Index (PMI) by Stanbic Bank indicated signs of recovery and renewed confidence among corporates in the country after several months of social unrest and a brutal cost-of-living crisis.

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Note: The results are not exact but very close to the actual.