Sharp Daily
  • News
  • Business
  • Technology
  • Real Estate
  • Opinion
  • About Us
No Result
View All Result
Sharp Daily
  • News
  • Business
  • Technology
  • Real Estate
  • Opinion
  • About Us
No Result
View All Result
Sharp Daily
No Result
View All Result
Home Opinion

Not a happy Labour Day.

Brian Otieno by Brian Otieno
May 2, 2025
in Opinion
Reading Time: 2 mins read

As the echoes of Labour Day 2025 die from Uhuru Park, where Kenya celebrated its workforce with spirited speeches, the harsh realities facing employees come into sharp focus. Despite a projected GDP growth of 5.3% for 2025 by the World Bank, driven by agriculture and services, the benefits remain elusive for most workers. Low wages, job insecurity, and a ballooning fiscal deficit paint a grim picture for our labour force.

Kenya’s fiscal deficit, which is projected at 4.5% of GDP for the FY’2025/26  fiscal year from a projected deficit of 5.1% of GDP for the year 2024/25 , according to Kenyan Treasury, continues to burden the economy. The Central Bank of Kenya reported public debt at KES 11.2  trillion by April 2025 With debt service at 66.0%  of tax revenue in February 2025. Leaving Only 34.0% percent of tax revenue for the rest of the government spending, both recurrent and development. This fiscal strain limits public investment in job creation and social protections, leaving workers vulnerable. Revenue shortfalls and resistance to new taxes, like the scrapped finance tax bill of June 2024, further complicating efforts to fund worker friendly policies.

The informal sector, employing over 83.0% of workers, offers little respite. Inflation, currently at 4.1%  as per Kenya National Bureau of Statistics, still outpaces wage growth. Hotel workers, for instance, earn as little as KES 10,000.0 monthly, an amount that can no longer sustain basic needs in today’s economy. The minimum wage, unchanged since 2022 at KES 15,201.0 has continued to draw criticism from the Central Organization of Trade Unions (COTU), which demands a 22.0% hike.

 Employers on the other hand, continue to grapple with high taxes and energy costs, resist wage reforms, citing thin margins

RELATEDPOSTS

COTU refutes allegations of staff mistreatment and misconduct

March 24, 2025

Controversial “degree-less” lawyer gains backing from COTU

October 13, 2023

Since 2022, over 5,000 jobs have been cut across 57 companies as per the Federation of Kenya Employers report  released early in the year, driven by unpaid government bills exceeding KES 1.0 trillion and rising operational costs. Sectors like manufacturing and education, including institutions like Moi University, have been hit hard. Automation continues to threaten jobs in traditional sectors such as mechanization in Agriculture.

Hostile working conditions persist, exploiting the desperation that comes due to scarce opportunities, some employers go to an extent of discouraging unionization, violating the Employment Act of 2007 just to mention a few of employers misdoings. Weak enforcement leaves workers exposed! We must act.

We can’t be celebrating Kenya’s workers, while their struggles-declining real wages, job losses, and poor working conditions persist. Revise the minimum wage, enforce Labour Laws, Promote Job creation, ease Tax Burdens – Lets make 2025 Labour day a turning point

Previous Post

Kenya shilling stable amid economic recovery

Next Post

Kenya’s debt dilemma

Brian Otieno

Brian Otieno

Related Posts

Economy

The untapped potential of insurance funds in financing Kenya’s economy

October 22, 2026
Opinion

From employer silence to candidate no shows: How hiring ghosting evolved

October 22, 2026
Opinion

Why access to affordable credit is critical for business growth

October 9, 2026
Economy

Why investors need better information on troubled companies

October 2, 2026
Economy

Why Kenyan businesses must take climate risk more seriously

September 18, 2026
Opinion

What investors should look out for before investing in Kenya

September 15, 2026

LATEST STORIES

The Gender Gap in Retirement Savings in Kenya

October 27, 2026

Top Money Market Funds in Kenya, October 2026

October 27, 2026

Foreign Capital Reshapes Kenya’s IPO Market

October 27, 2026

DStv Kenya unveils four new packages from November 5, with prices from Sh750 to Sh7,300

October 26, 2026

Return on invested capital

October 26, 2026

Protecting your pension rights during separation

October 23, 2026

Dangote’s Entry into KPC: A Game Changer for Kenya’s Petroleum Industry?

October 23, 2026

Investors favour 91-day treasury bills amid inflation concerns

October 23, 2026
  • About Us
  • Meet The Team
  • Careers
  • Privacy Policy
  • Terms and Conditions
Email us: editor@thesharpdaily.com

Sharp Daily © 2024

No Result
View All Result
  • News
  • Business
  • Technology
  • Real Estate
  • Opinion
  • About Us

Sharp Daily © 2024