Kenyans voted for a new constiturion, ushering in devolution. With the advent of devolution many Kenyans believed that their lives would change for the better. Reports by the Central Bank of Kenya indicate that only 0.7 per cent of Kenyans with bank accounts have deposits of more than Sh1 million. CBK Governor Patrick Njoroge told a parliamentary committee that 99.3 per cent of bank accounts in Kenya have deposits of less than Sh1 million. Unemployment, gender inequality, skills mismatch, lack of access to education and health are also highlighted as the main causes of inequality, often starting at birth.

Source: The Star January 02, 2020 21:11 UTC