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Kenyans earning more than Sh100,000 drop
Kenya National Bureau of Statistics (KNBS) Director-General Macdonald Obudho during the launch of the 6th edition of the FinAcess Household Survey 2021. PHOTO | DIANA NGILA | NMG
The number of Kenyans earning more than Sh100,000 dropped to 79,909 last year, reflecting Kenya’s growing inequality in the formal sector and tax avoidance by the wealthy in the informal sector.
The Kenya National Bureau of Statistics (KNBS) data released on Tuesday show the top earners reduced by 4,861 members compared to a rise of 2,234 a year earlier, making it the first drop in a number of years.
