Time flies with great content! Renew in to keep enjoying all our premium content.
Prime
Wide wealth gap leads to calls for pro-poor policies
Although the government pays a monthly stipend to the elderly to ease the cost of living, Zipporah Nyawira, 94, was not a beneficiary by June this year. PHOTO | FILE
Kenya’s wealth remains concentrated in the hands of a small segment of the population, earning East Africa’s largest economy a place among the world’s most unequal societies, the UN’s latest human development report shows.
The report, which was released last week, indicates that the incomes of the richest 20 per cent of the population rose steadily in the past decade to stand at 11 times more than the incomes of the poorest 20 per cent, leaving Kenya as East Africa’s second most unequal society after Rwanda.
