Black tax is the reason Kenyans don’t invest - News Summed Up

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Black tax is the reason Kenyans don’t invest


It's a tough juggling act that many have to contend with since Kenya does not have a strong welfare system to cushion citizens against the vagaries of life. What if we had a strong and well-functioning social welfare system? As evident in Nordic countries, it is possible to have a strong social welfare system and still have a flourishing economy. As a result, the vast majority of the population have disposable income that enables them to save, invest and spend—a boost to the economy. But can Kenya afford a social welfare system?


Source: Daily Nation February 29, 2020 22:07 UTC



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