Sharp Daily
No Result
View All Result
Friday, June 27, 2025
  • Home
  • News
    • Politics
  • Business
    • Banking
  • Investments
  • Technology
  • Startups
  • Real Estate
  • Features
  • Appointments
  • About Us
    • Meet The Team
Sharp Daily
  • Home
  • News
    • Politics
  • Business
    • Banking
  • Investments
  • Technology
  • Startups
  • Real Estate
  • Features
  • Appointments
  • About Us
    • Meet The Team
No Result
View All Result
Sharp Daily
No Result
View All Result
Home News

TIFA: Confidence in government goes up despite continued economic doubt

Judd Mutua by Judd Mutua
September 15, 2023
in News
Reading Time: 2 mins read

A poll by TIFA has revealed that a large majority of Kenyans now believe the country is going in the right direction despite reduced optimism on the economic situation

49 percent of Kenyans in the survey believe the country is heading in the right direction, a big improvement from a similar poll done in March of this year, when only 37 percent of Kenyans believed so.

Read more: Kindiki confirms recovery of 48 Worldcoin orbs and gadgets for forensic analysis

“The higher overall (mean) score the government receives as compared to June in terms of whether it has at least begun to fulfill its campaign promises should give home to its leadership that at least a significant section of the public is willing to give it the benefit of the doubt regarding the next four years,” said TIFA in the report.

RELATEDPOSTS

Why firms are shedding jobs despite survival

June 19, 2025

Opinion: Austerity wrong medicine for Kenya’s economy.

June 16, 2025

However not all indicators are positive for the government as a majority of those surveyed believe that they are worse of economically compared to when Ruto’s administration took office. With 39 percent of those who believe the country is heading in the right direction expressing doubts over the economy.

Despite the negativity surrounding the economy the government recently revealed plans to raise even more taxes from Kenyans.

“In FY 2022/23, Kenya’s tax gap was estimated at 11.5 percent of GDP. We need to up measures to increase tax to GDP ratio and ensure effective provision of services to the public,” said Ndung’u.

Read more: Treasury unveils draft debt strategy with major tax reforms

With plans to introduce even more taxes Ruto’s administration faces a fine balancing act trying to manage expectations for the economy with the economic realities on the ground.

Email your news TIPS to editor@thesharpdaily.com

Previous Post

Fuel prices in Kenya hit historic high, passing KES 200 mark

Next Post

No relief in sight: CS Moses Kuria says fuel prices will keep soaring

Judd Mutua

Judd Mutua

Judd Mutua is a journalist with wide ranging interests ranging from the world of finance to the latest in tech and business news. Off duty you can find him reading his favorite books and manga. Send tips via jmutua@thesharpdaily.com

Related Posts

Investments

Investor shift to long term bonds drives oversubscription in CBK’s reopened auction

June 19, 2025
News

The real price of Israel – Iran Conflict for Kenya.

June 19, 2025
Economy

Resilient but strained: Kenyan firms speak out in May 2025 CEO survey.

June 19, 2025
News

Co-op Bank posts KES 6.9 billion profit in Q1’2025

May 16, 2025
Agriculture And Economy
News

Lets get Kenya out of FATF list

May 9, 2025
News

The downside of Impact Investing

May 2, 2025

LATEST STORIES

What happened to president Ruto’s economic dream?

June 27, 2025

Opinion: Populism feeds votes, not growth

June 27, 2025

Competitive advantages of small businesses

June 26, 2025

Opinion: Invest in sports for national prosperity

June 26, 2025

Ethiopia’s access to Eritrean ports is a game-changer for trade

June 26, 2025

The importance of internships and mentorship for young graduates: Insights from Cytonn Young Leaders Programme

June 26, 2025

Kenya must tame stock market volatility to unlock corporate growth

June 26, 2025

Unlocking the power of REITs: A path for retail investors

June 26, 2025
  • About Us
  • Meet The Team
  • Careers
  • Privacy Policy
  • Terms and Conditions
Email us: editor@thesharpdaily.com

Sharp Daily © 2024

No Result
View All Result
  • Home
  • News
    • Politics
  • Business
    • Banking
  • Investments
  • Technology
  • Startups
  • Real Estate
  • Features
  • Appointments
  • About Us
    • Meet The Team

Sharp Daily © 2024