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Kenya: Betin to Close 500 Retail Outlets, Lay Off 2,500 Workers

by kenya-tribune
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Betting firm Betin last Friday announced that it would be closing down 500 retail outlets, rendering another 2,500 Kenyans jobless.

The firm said in a statement that the government’s hard stance left it with no option but to issue its staff with redundancy notices.

They will join thousands of Kenyans who have lost their jobs since July in a wave of layoffs by companies seeking to remain afloat.

This has created fear among Kenyans working in both formal and informal sectors.

Things are unlikely to get better after the government announced that it will ban the import of second-hand electronic gadgets effective from January next year.

ELECTRONIC GADGETS

According to Mr Ayub Macharia, the Director of Environmental Education in the Ministry of Environment, Kenya has been used as a dumping ground for electronic waste from developed countries.

“We are putting in place strict regulations to deter imports of obsolete electronics, and the move to ban imports of old electronic gadgets will be contained in the Extended Producer Responsibility Regulations,” he said.

The move will make the importers and sellers of electronic gadgets, including television sets, radios and mobile phones, responsible for disposing them when they have outlived their usefulness.

“The sellers of the non-biodegradable equipment will have to adhere to a deposit return scheme,” he said.

This means that a certain fee will be added on top of the gadget price, which buyers will either get back when they take back the product, or top up to get a new product.