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Pay cut to fund low-cost housing

Affordable housing is one of the four pillars of President Uhuru Kenyatta’s agenda for the next four years. FILE PHOTO | NMG

By  GEOFFREY IRUNGU

Workers are set to take a pay cut of up to Sh5,000 each to finance a new low-cost housing fund.

Employers will also be required to match employees’ contribution to the fund, up to a maximum of Sh5,000 each.

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Note: The results are not exact but very close to the actual.

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