EDITORIAL: Tackle income inequality

A staff meeting. FILE PHOTO | NMG

That the number of formal sector employees earning over Sh100,000 a month is growing sends a positive signal that the economy has the capacity to create and sustain high quality jobs. This is important considering the rapidly changing world of formal employment that is increasingly shaped by technology as well as high-level skills and competencies.

But commendable as this is as an indicator of social and economic progress, it also raises important questions about income inequality and what role corporates can play to reduce it while also increasing economic inclusion, both across job groups as well as across gender where pay disparities still persist.

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