×
App Icon
The Standard e-Paper
Truth Without Fear
★★★★ - on Play Store
Download Now
The Standard

Kenyans richer but Tanzania home to more millionaires

By Dominic Omondi | 5yrs ago

Tanzania’s super-rich stood at 5,668 at the end of 2019 compared to Kenya’s 2,942

Kenya might be the largest economy in the region but Tanzania is home to the most dollar millionaires.

Get Full Access for Ksh299/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

Related Topics

Knight Frank Tanzania Wealth Report
.

Similar Articles

Fresh bid to halt Sh16b Mombasa gas plant flops
Fresh bid to halt Sh16b Mombasa gas plant flops
In a unanimous ruling, a five-member tribunal bench led by Emmanuel Mumia dismissed the application filed by residents Mohamed Said and Phillip Nyiro.
Financial Standard
By Kamau Muthoni
26 mins ago
Why Africa's downstream sector is the next global investment frontier
Why Africa's downstream sector is the next global investment frontier
The downstream sector is at a make-or-break moment. Population growth, industrialisation and urbanisation are pushing fuel and LPG demand to unprecedented levels.
Opinion
By Anibor Kragha
1 hr ago
Why you are likely to be hit by a blackout every Wednesday
Why you are likely to be hit by a blackout every Wednesday
In 2025, Kenyans were most likely to experience an outage on Wednesday evenings, according to data from electricity sector agencies. 
Financial Standard
By Macharia Kamau
2 hrs ago
How high power tariffs keep manufacturers uncompetitive
How high power tariffs keep manufacturers uncompetitive
Kenyan producers are paying double the price compared to those in other countries. Kippra report cites electricity costs as a major drag on exports.
Business
By Graham Kajilwa
1 day ago
How repeated short-term contracts breach employees' rights
How repeated short-term contracts breach employees' rights
Repeatedly renewing short-term contracts over a long period of time, without transitioning an employee to a more secure employment arrangement.
Opinion
By Desmond Odhiambo
2 days ago
From hustlers to highways: Experts, citizens question Ruto's bold vision
From hustlers to highways: Experts, citizens question Ruto's bold vision
Singapore dream focuses on infrastructure, top-down while prioritizing investors over citizens. Critics warn ambitious plans may ignore ordinary Kenyans’ daily challenges.
Business
By Graham Kajilwa
3 days ago
Why the built environment is slow to absorb job seekers
Why the built environment is slow to absorb job seekers
Amid an aggressive plan by the government to build houses, behind the curtain, job seekers in the built environment are getting a cold reception from a sector that is outwardly thriving.
Business
By Graham Kajilwa
3 days ago
Jay Z and Beyonce, Messi hold largest real estate portfolio among celebrities
Jay Z and Beyonce, Messi hold largest real estate portfolio among celebrities
Beyoncé and Jay Z own seven properties worth $500 million (Sh64.4 billion), making them the biggest celebrity investors in real estate.
Real Estate
By James Wanzala
5 days ago
Locals reap big from housing infrastructure revamp
Locals reap big from housing infrastructure revamp
The programmes listed for the community include expanding schools and building new ones.
Real Estate
By Boniface Gikandi
5 days ago
Kenya Airways redeploys second Embraer plane after repair to meet festive season demand
Kenya Airways redeploys second Embraer plane after repair to meet festive season demand
The planes have a capacity of carrying 241 passengers with 96 business and 145 in the economy class.
Business
By James Wanzala
5 days ago
.

Latest Stories

Fresh bid to halt Sh16b Mombasa gas plant flops
Fresh bid to halt Sh16b Mombasa gas plant flops
Financial Standard
By Kamau Muthoni
26 mins ago
Why Africa's downstream sector is the next global investment frontier
Opinion
By Anibor Kragha
1 hr ago
Why you are likely to be hit by a blackout every Wednesday
Financial Standard
By Macharia Kamau
2 hrs ago
How high power tariffs keep manufacturers uncompetitive
Business
By Graham Kajilwa
1 day ago
.

The Standard Insider

.

Digger Classified

GET OUR NEWSLETTER

Subscribe to our newsletter and stay updated on the latest developments and special offers!

CONNECT WITH US

FOR THE LATEST JOB ADVERTS

join Digger Classifieds telegram channel
The Standard
© 2025. The Standard Group PLC. All rights reserved