Connect with us

Hi, what are you looking for?

Capital News
The survey conducted between June 18 and 25 revealed that borrowing was higher in the rural areas at 45 per cent compared to urban areas whose residents accounted for 42 per cent/CFM-FILE.

Capital Health

Most Kenyans’ income affected due to COVID

NAIROBI, Kenya Jun 30 – A new survey by TIFA research on Coronavirus has revealed that 69 per cent of Kenyans have reduced income, while 43 per cent have lost it completely.

In the research conducted from a sample size of 579 respondents, 61 per cent of Kenyans who reported reduced earnings due to the pandemic have slashed their expenditure on food and drinks than any other type of purchases or payments.

The respondents further reported a sharp decrease in the spending on rent, clothing, entertainment and transportation.

42 per cent expressed fears that hunger is the expected future challenge if the crisis persists.

“Among all respondents, more than four-fifths say that the Covid-19 crisis has had a great impact on their daily lives. This is true across all employment-status categories, except for those now jobless and who never been employed, of whom three-fourths expressed this view, nevertheless,” the firm’s Research Analyst Tom Wolf said in the report released Tuesday.

The respondents who had been earning prior to the health crisis, almost all at 96 per cent reported that they are now earning either “very little” or “nothing” of what they had been been getting before March when the outbreak was reported in Kenya.

Kenya had recorded 6,190 positive cases by June 29, with the peak projected at August or September.

Repayment of loans to banks and other lending institutions is a lesser concern to Kenyans, with majority opting to default or enter into arrangements with their respective lenders to utilize the resources available in meeting the basic needs.

Advertisement. Scroll to continue reading.

The dusk-to-dawn curfew that is currently enforced in the country and the inter-county restriction of movement in -Nairobi, Mombasa and Mandera were cited in the report to have immensely contributed in the deteriorating economic situation.

President Uhuru Kenyatta is next week expected to issue further directions on the country’s containment measures following the expiry of the curfew and the cessation of movement in the three regions.

“While these impacts have affected most households across the country, they appear to be more profound and longer-lasting amongst low income-earners in more congested urban areas who are inherently more vulnerable,” Wolf said.

Click to comment

Leave a Reply

Your email address will not be published. Required fields are marked *

Play to listen to Capital FM News

More on Capital News

County News

NAIROBI, Kenya, Oct 27 – A former Head of Examinations at the Kenya Institute of Management (KIM) on Wednesday denied the existence of lawmaker...


Washington (AFP), Oct 27 – The United States on Wednesday announced its first passport with “X” for gender, a landmark step for people outside...

Corona Virus

NAIROBI, Kenya, Oct 27 – Sh244 billion ($2.2 billion) has been pledged to Kenya for the provision of Universal Health Coverage (UHC) to guarantee...


Beijing, China, Oct 27 – China insisted Wednesday that Taiwan had no right to join the United Nations, after the United States ratcheted up...


NAIROBI, Kenya, Oct 27 – Members of Parliament allied to Deputy President William Ruto have raised concern over the intensified engagement of Cabinet Secretaries...


Khartoum (AFP), Oct 25 – Sudanese security forces launched sweeping arrests of anti-coup protesters on Wednesday, tightening the regime’s grip while the international community...


NAIROBI, Kenya, Oct 27 – Interior Principal Secretary Karanja Kibicho has launched a fresh attack on the Judiciary faulting the courts’ consideration of bail...

Capital Health

NAIROBI,Kenya, Oct 27 – The country has made strides in efforts to eliminate malaria by the year 2030 with a survey conducted by the...