Topic: #economy

The reports underscore a resilient economy, marked by metrics and strategic reforms aimed at fostering growth and improving living standards for Kenyans. Kenya's economy demonstrated notable resilience, recording a growth rate of 5.6% in 2023. Projections

According to Kenya National Bureau of Statistics (KNBS), the Kenyan economy grew by 5% in the first quarter of 2024 and 4.6% in the second quarter of 2024; this remains ironic as most Kenyans are struggling to meet their basic needs. As a result of high g

Known as a cradle of economic development, this region is home to some of the country’s wealthiest and most influential figures, whose stories resonate with success, power, and occasionally, controversy.

Various political leaders have shared their thoughts on the wrangles, from both sides of the arena.

Eighty per cent of mental health in the streets of Mombasa is due to overconsumption of Muguka, a shocking statistic highlighted by Mombasa Women Empowerment Rehabilitation Centre founder Amina Abdallah.

“Irrespective of everything else, a hairdresser markets herself. How well you do your job guarantees an increase in the number of walk-in clients,” she added.

Drawing attention to the government's sentiments, Sifuna criticized the claim that the middle class primarily consumes bread and milk. He argued that the statistics indicate that the middle class is a minority in the country, whereas bread and milk are st

Firstly, entrepreneurship allows students to apply their academic knowledge in a practical and real-world context. It bridges the gap between theory and practice, providing invaluable experience that complements their studies.

He emphasized that Kenya has faced two back-to-back crises in recent times - severe drought followed by El Nino rains.

Technological innovation has become the driving force behind economic progress, propelling industries forward and fostering constant evolution. However, this surge in productivity has its drawbacks.

Overburdening citizens and businesses with high taxes can hinder economic growth and innovation. The strain of increased financial pressure permeates various aspects of individuals' lives, contributing to heightened levels of anxiety and mental strain.

By taking the initiative to learn, practice good financial habits, and seek guidance when needed, you can develop a solid understanding of personal finance at a young age and set yourself up for a financially secure future.