Kenya: KCB, Equity Bank… Bidding war over tech talent intensifies

By Herald Aloo
Posted on Tuesday, 8 November 2022 09:48

A pedestrian walks on a sideway outside the Safaricom mobile phone customer care centre in the central business district of Nairobi
A pedestrian walks on a sideway outside the Safaricom mobile phone customer care centre in the central business district of Nairobi, Kenya, November 10, 2021. REUTERS/Monicah Mwangi

Kenya’s large blue-chip companies, especially those in the financial sector, have been raiding each other to survive a tech talent war that has hampered business operations.

Like a food chain, the big firms have clearly identified easy targets to raid whenever they fall short of techies. In particular, software developers at top banks are well scouted and offered better remuneration as well as employment terms by telecom companies.