Business NewsBenson Ndung’u said that there is great optimism in the manufacturing sector and its role in job and wealth creation. A majority of companies in the country are operating below their capacity as the coronavirus pandemic bites, according to a new report. SEE ALSO: Virus forces firms to cut outputIn the automotive industry, there has been a huge disruption in the production chain. KPMG CEO and Senior Partner Mr. Benson Ndung’u said that there is great optimism in the manufacturing sector and its role in job and wealth creation. 40 per cent of surveyed manufacturers have reduced their casual employees whereas 17 per cent have reduced the permanent workforce.

Source: Standard Digital May 22, 2020 08:48 UTC