salary cuts

KENYA'S DEBT RISES TO SH6.28 TRILLION

In the quarterly economic and budgetary report, Treasury Secretary Ukur Yatani says "the increase in public debt is attributed to external loan disbursements and the uptake of domestic debt during the period." The sharp rise in debt portfolio is set to exert more pressure on the country's revenues that are already under performing due to economic disruptions, job losses, and salary cuts occasioned by the pandemic.

UNION CRIES FOUL AS KU DECLARES PAY CUT FOR LECTURERS

Kenyatta University has announced a suspension of salaries for staff on contract due to what it terms a decline in revenue attributed to the Covid-19 outbreak which has paralysed services in higher learning institutions. In an internal memo dated May 15, Deputy Vice Chancellor (Administration) Prof Fatuma Chege said staff on three-month contracts are paid using proceeds of the university’s income generating activities (IGAs).