Sharp Daily
No Result
View All Result
Saturday, August 16, 2025
  • Home
  • News
    • Politics
  • Business
    • Banking
  • Investments
  • Technology
  • Startups
  • Real Estate
  • Features
  • Appointments
  • About Us
    • Meet The Team
Sharp Daily
  • Home
  • News
    • Politics
  • Business
    • Banking
  • Investments
  • Technology
  • Startups
  • Real Estate
  • Features
  • Appointments
  • About Us
    • Meet The Team
No Result
View All Result
Sharp Daily
No Result
View All Result
Home News

President Ruto’s labor exportation plan: a solution or a problem?

Editor SharpDaily by Editor SharpDaily
November 22, 2023
in News
Reading Time: 2 mins read

President William Ruto, during a church service in Bomet on November 20, 2023, announced plans to export about 3,000 to 5,000 Kenyans to work abroad weekly. He believes this initiative will address several issues facing the country, including unemployment and declining foreign investments.

According to data from the Kenya National Bureau of Statistics, the country’s labor force grew by 3.6 percentage points to 24,985,164 people in 2022 from 24,116,304 in 2021. This growth does not account for aspects like underemployment. Approximately 1.4 million people are unemployed, resulting in a 5.5% unemployment rate. This issue is expected to worsen with the increasing number of graduates entering the job market.

Read more: Kenyans to benefit from lower calling rates as CAK caps termination rates

The president’s announcement has generated both applause and skepticism, sparking debates among economists and scholars about the pros and cons of labor exportation. While the benefits to the countries receiving the labor are generally agreed upon, opinions vary on the advantages for the exporting country.

RELATEDPOSTS

Why firms are shedding jobs despite survival

June 19, 2025

Opinion: Austerity wrong medicine for Kenya’s economy.

June 16, 2025

Examining the potential advantages of labor exportation, the China Belt & Road Initiative (BRI) serves as a notable example. Launched in 2013, the BRI is a vast infrastructure and economic development project involving collaboration between China and multiple countries across Asia, Europe, and Africa. In 2022, there were 592,000 Chinese workers overseas in the program.

The initiative’s success lies in strategic planning and meticulous implementation, emphasizing the diversification of skills and expertise. China exports a range of professionals, including engineers, technicians, and project managers, rather than relying solely on unskilled labor. Kenya must identify its niche to make a significant economic, diplomatic, and social impact when sending labor abroad.

However, a major downside of such programs is the challenge associated with worker exploitation and modern-day slavery. The United States’ Office to Monitor and Combat Trafficking in Persons reported issues such as forced labor, contract irregularities, threats, and poor working conditions among employees in similar programs. Reports of similar challenges in the Middle East to foreign workers are also prevalent. To address these concerns, Kenya must sign strong bilateral agreements with recipient countries, outlining clear terms and conditions of work. Additionally, a more stringent regulatory framework, monitoring, oversight, and a transparent complaints resolution mechanism should be established, along with robust engagements and feedback.

Read more: OPINION: China’s ambitious Belt and Road Initiative is reshaping Africa’s economic landscape

While labor exportation has the potential to alleviate unemployment and increase remittances, injecting foreign currency into the economy, strategic planning and learning from successful models like China’s BRI are crucial for Kenya to reap the desired benefits.

Email your news TIPS to editor@thesharpdaily.com

Previous Post

Navigating Kenya’s capital market: The rise of virtual investment assistants in real estate

Next Post

Kenya Power faces scrutiny over former MD’s KES 26.82 million payout

Editor SharpDaily

Editor SharpDaily

The latest in business, real estate, education, investments, tech and entrepreneurship, brought to you daily. Reach us through thesharpdaily@gmail.com

Related Posts

commercial illustrator
News

Why Kenyan private equity firms should consider continuation funds as an exit strategy

July 23, 2025
Business

Del Monte foods files for bankruptcy in USA

July 3, 2025
News

Private vs Public Pension Funds in Kenya

June 30, 2025
Investments

Investor shift to long term bonds drives oversubscription in CBK’s reopened auction

June 19, 2025
News

The real price of Israel – Iran Conflict for Kenya.

June 19, 2025
Economy

Resilient but strained: Kenyan firms speak out in May 2025 CEO survey.

June 19, 2025

LATEST STORIES

Overcoming barriers to AI adoption in Kenyan accounting firms

August 15, 2025

Consolidating Pension Contributions in Kenya

August 15, 2025

Reopened infrastructure bonds oversubscribed as investors seek higher yields

August 15, 2025

Understanding foreign investor outflows

August 15, 2025

The rise of ESG investing in Kenya: A shift toward sustainable finance

August 14, 2025

Segregated Pension Schemes in Kenya Q2’2025 Performance

August 8, 2025
Asset allocation dividing an investment portfolio among different asset categories.

Building a Retirement Portfolio in Kenya

August 8, 2025

Steps banks can take to align with fair lending practices

August 7, 2025
  • About Us
  • Meet The Team
  • Careers
  • Privacy Policy
  • Terms and Conditions
Email us: editor@thesharpdaily.com

Sharp Daily © 2024

No Result
View All Result
  • Home
  • News
    • Politics
  • Business
    • Banking
  • Investments
  • Technology
  • Startups
  • Real Estate
  • Features
  • Appointments
  • About Us
    • Meet The Team

Sharp Daily © 2024