Most Kenyans extremely poor as 125 individuals richer than entire population

Kenya’s tax regime has been criticised in a recent report as regressive, as it disproportionately targets poor individuals, contributing to higher levels of inequality in the country.The report, which reveals that the richest 125 individuals in the country hold more wealth than 43 million people, also found that nearly half of the population livein extreme poverty, below Sh130 per day.Get Full Access for Ksh299/WeekUnlock the Full Story — Join Thousands of Informed Kenyans TodayUnlock the Truth Now 》Unlimited access to all premium contentUninterrupted ad-free browsing experienceMobile-optimized reading experienceWeekly NewslettersMPesa, Airtel Money and Cards acceptedAlready a subscriber?Log inFollow The Standard
channel
on WhatsApp

The report, which reveals that the richest 125 individuals in the country hold more wealth than 43 million people, also found that nearly half of the population livein extreme poverty, below Sh130 per day.Get Full Access for Ksh299/WeekUnlock the Full Story — Join Thousands of Informed Kenyans TodayUnlock the Truth Now 》Unlimited access to all premium contentUninterrupted ad-free browsing experienceMobile-optimized reading experienceWeekly NewslettersMPesa, Airtel Money and Cards acceptedAlready a subscriber?Log inFollow The Standard
channel
on WhatsApp

Subscribe to our newsletter and stay updated on the latest developments and special
offers!

Pick your favourite topics below for a tailor made homepage just for you