Improved youth saving culture to spur growth

The National Social Security Fund (NSSF) Act, 2013 has not gone down well with majority of the Kenyan workers. They view saving like a burden on their wallets or purses, with some arguing they do not have enough salary to save.

The common belief among the older generation has shifted the focus to the youth to inculcate a saving culture from an earlier age. “Saving among the young people aged 12-18 presents not only challenges but also opportunities in equipping them before transition into adulthood with the right financial skills to live into the future,” says Ruth Dueck Mbeba.  Mbeba, a program manager, microfinance, financial inclusion at