Charity organisation Oxfam has just released a new study on inequality in Kenya—and its findings are chilling. The richest one percent of Kenyans now control 78 percent of the country’s financial wealth, from stocks and corporate equity to physical assets and securities.
Over the last decade, their fortunes have nearly doubled even as more than seven million Kenyans slipped into extreme poverty. Nearly half the population survives on less than Sh130 a day.
