State must tame cost of living before it’s too late

Kenyans are going through a very tough economic period only comparable to 2002 when the Narc Government took over power from the then ruling party Kanu. The economic growth then was at its lowest in the country’s history. The National Economic Survey placed it at 2 per cent.

To many economic pundits, this was the straw that broke the back of the independence party. The cost of living was very high, pushing prices of basic commodities through the roof while joblessness had hit the 50 per cent mark. Mega corruption had almost become a way of life.