Kenyan businesses anticipate stable employment levels in 2026 as they increasingly adopt artificial intelligence and automation, according to a recent survey by the Central Bank of Kenya. The CBK Market Perceptions Survey indicates that private sector companies expect limited hiring growth, focusing instead on efficiency and cost control through digital transformation.
The shift towards automation is part of broader efforts to modernize operations and reduce expenses. Companies are prioritizing investments in AI and digitization over expansion, reflecting a strategic realignment in response to economic pressures and technological advancements. This trend aligns with global patterns of workforce restructuring in response to automation.
Meanwhile, Kenya’s banking sector has seen a profit rebound in the first half of 2026, driven by lower deposit costs and reduced bad loans. This financial stability may influence corporate investment decisions, potentially shaping the employment landscape in the coming year.
Business leaders have also called for policy reforms ahead of the 2027 elections, emphasizing the need for a more supportive environment for investment and growth. These demands highlight the ongoing dialogue between the private sector and government on economic development.
