Nairobi, Sept. 14 -- Manufacturers have proposed the creation of an unemployment insurance fund to offer relief to workers who lose jobs to unforeseen crises such as the coronavirus pandemic.
In a policy proposal, the Kenya Association of Manufacturers (KAM) says such a scheme will see workers who are involuntarily forced out of work continue earning some income for the time they are unemployed or work part-time.
The insurance scheme could be funded jointly by the workers and employers akin to contributions to the National Social Security Fund (NSSF) or fully by the State.
The policy toolkit, drafted by KAM jointly with consultancy firm KPMG, and offered to the Treasury and Labour ministry comes in the wake of Covid-19, which has trigger...