Kenyans and their families are taking more holidays each year so much so that you cannot get plane tickets or sgr tickets to holiday destinations time ikifika.
Every weekend there are hundreds of tembea kenya vans and buses that are taking kenyas on weekend excursions.
Watu bado wanaendelea kudemand mashamba thus keeping the prices high. Maina sells them like nobody’s business.
Even looking at social media there are so many business opportunities that have revealed themselves, people are able to pay professional photographers, they are able to pay for good things in life. (Ok, this one i know i have overstretched but the point still remains)
Even churches are seemingly collecting more and more in terms of tithes, offerings and gifts.
All this despite the interest rate cap that the banks have…so my conclusion is that kenyans have more and more disposable income with every year, they are indeed getting richer.
No it’s driven by credit and lack of saving culture.
Ni vile it’s hard to find statistics in Kenya but am pretty sure our parents were saving more than we do despite making significantly less than we make these days.
Kenyans are very rich. The richest people in Africa. We have the most expansive highways in Africa but the number of vehicles on them is just too high. Just look at the traffic gridlock on Nairobi-Nyeri highway or the Nakuru-Nairobi highway on weekends.
Then why is everybody running to america, they call it the land of opportunities yes. Chances of getting rich and interacting with rich people are highest in america
False. Our parents were earning more than our generation which means salaries have been stagnant for the last 30 years. A middle level manager in a GOK parastatal was making 150k per month base salary in 1993. Not much has changed except for politicians. They have kept pace with inflation.
Consumerism may make you think they are rich. I was in a clique where one guy used to buy expensive alchohol and brag about how he is reach. Lakini vile jamaa ni kitombi akapea dame jobless mimba. Dude could not afford 200k ya maternity and during the pregnancy he used to spend in my estimation 100k monthly in alchohol. Shida ni vile alikuwa anabrag. He had to sell his expensive electronica to get money. Na kuzaa sii emergency.
Their income hasn’t increased, but their consumer trends have changed. Instead of saving and investing, they are travelling and eating out. So, despite disposable income remaining flat, the catering industry, tourism and travel will boom.