Cicero
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- Jan 20, 2016
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Kenya’s two top cities Nairobi and Mombasa are also the nation’s most unequal in terms of income distribution, according to a newly-released report that has also uncovered the skewed distribution of wealth countrywide.
The Kenya Integrated Household Budget Survey (KIHBS) found that a fifth of Nairobi and Mombasa residents own 86.4 per cent and 78.2 per cent of the wealth, respectively.
In Nairobi, the survey found that 40 per cent of residents at the bottom of the income pyramid control a mere 0.4 per cent of total expenditure, a figure that rises to 2.7 per cent for 60 per cent of the population.
The findings underscore the tough policy choices that Kenya must make to minimise the growing income inequalities whose impact is known to spread beyond the economic sphere.
The survey further found that 60 per cent of Mombasa residents control only 4.7 per cent of resources in the port city.
MORE: Nairobi’s rich now control 86pc wealth
The Kenya Integrated Household Budget Survey (KIHBS) found that a fifth of Nairobi and Mombasa residents own 86.4 per cent and 78.2 per cent of the wealth, respectively.
In Nairobi, the survey found that 40 per cent of residents at the bottom of the income pyramid control a mere 0.4 per cent of total expenditure, a figure that rises to 2.7 per cent for 60 per cent of the population.
The findings underscore the tough policy choices that Kenya must make to minimise the growing income inequalities whose impact is known to spread beyond the economic sphere.
The survey further found that 60 per cent of Mombasa residents control only 4.7 per cent of resources in the port city.
MORE: Nairobi’s rich now control 86pc wealth