×
The Standard Group PLC The Standard Group Plc is a multi-media organization with investments in media platforms spanning newspaper print operations, television, radio broadcasting, digital and online services. The Standard Group is recognized as a leading multi-media house in Kenya with a key influence in matters of national and international interest.
  • Standard Group Plc HQ Office,
  • The Standard Group Center,Mombasa Road.
  • P.O Box 30080-00100,Nairobi, Kenya.
  • Telephone number: 0203222111, 0719012111
  • Email: corporate@standardmedia.co.ke

Why the Finance Bill will hurt fledgling middle class the most

President William Ruto takes a photo with KRA staff after filing his 2022 returns. [Standard]

Kenya's middle class is the centre that holds the country together. If it falls apart, the country too inevitably falls apart.

Last year in December, the World Bank revealed that a third of Kenya's middle class is just an economic shock away from sliding into poverty. Thanks to the depressed economy, their disposable income is at a record low, which dents the economy.

Get Full Access for Ksh99/Week
Unlock the Full Story — Join Thousands of Informed Kenyans Today
  • Unlimited access to all premium content
  • Uninterrupted ad-free browsing experience
  • Mobile-optimized reading experience
  • Weekly Newsletters
  • MPesa, Airtel Money and Cards accepted
Already a subscriber? Log in