Over the last couple of months, Kenyans have continuously withstood tough economic times with inflation rising to a high of 8.3 percent on high food prices. This is the third time the rate is outside the government’s targeted band of 2.5 per cent 7.5 percent.
Inflation, coupled with the ongoing drought affecting over 23 countries, the lingering impacts of Covid-19 and a contracting global economy owing to downturns in China and Russia, and further negative spillovers from the war in Ukraine have made things tougher for everyone. Things are not all rosy and something ought to be done.