Sharp Daily
No Result
View All Result
Tuesday, April 28, 2026
  • 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 survey: 87% of Kenyans tighten their belts as cost of living skyrockets

Brian Murimi by Brian Murimi
December 13, 2023
in News
Reading Time: 2 mins read

A TIFA survey has revealed that a staggering 87% of Kenyans are tightening their belts due to soaring living costs, with food taking the hardest hit, as 84% report reduced spending in this category.

The economic struggles depicted in the findings shed light on the performance of President Ruto’s administration, with a mere 2.3 out of 5.0 in protecting forests being the only bright spot in a landscape of discontent.

Despite promises to bolster the economy, 84% of respondents believe that under President Ruto’s leadership, the current economic conditions are worse than they were a year ago.

The survey’s evaluation of the president’s performance reveals mixed results, with only a few areas surpassing a score of 2.0 on the 5.0 scale. Notably, the government earned commendation in supporting agriculture (2.3), combatting pollution and contamination (2.2), and encouraging tourism and investment in tourism (2.1). However, critical areas such as reducing debt/donor financial dependence (1.8), reducing corruption (1.6), creating jobs (1.6), and, notably, reducing the cost of living (1.4) received significantly lower scores.

RELATEDPOSTS

TIFA: Alfred Mutua ranked the least active but most travelled CS

February 7, 2024

TIFA survey: UDA ranked most popular party in Kenya

December 13, 2023

The survey exposes a stark contrast in perceptions between government supporters and the opposition. While President Ruto’s backers tend to view his performance more favorably, opposition supporters overwhelmingly criticize his economic management.

This divide is especially evident in opinions about the government’s performance in reducing the cost of living. Only 13% of pro-government respondents express satisfaction, compared to 97% of pro-opposition respondents who vehemently disagree.

These findings raise crucial questions about the government’s capacity to address citizens’ economic concerns. As the majority of Kenyans grapple with financial challenges, President Ruto must take decisive action to bolster the economy and alleviate the cost of living to maintain public support.

Previous Post

Mthuli Ncube recognised as best African finance minister sparks uproar

Next Post

KuCoin settles $22 million lawsuit with New York state

Brian Murimi

Brian Murimi

Brian Murimi is a communications and advocacy professional with a focus on innovation, policy and continental development in Africa. A former journalist, he now works at the intersection of knowledge, strategy, and pan-African institution building.

Related Posts

News

Electrifying the SGR(Standard Gauge Railway): Kenya’s next big rail bet could redefine regional trade

April 28, 2026
News

The role of credit ratings in investment risk assessment

April 28, 2026
News

Kenya’s $750 million world bank loan hinges on policy reforms amid fiscal pressures

April 27, 2026
News

The importance of asset allocation in long-term investment strategy

April 27, 2026
News

Sawe’s 1:59:30 breaks two hours record ; now Kenyan athletics face a new financial reality

April 27, 2026
News

Land acquisition for first time owners

April 24, 2026

LATEST STORIES

What Kenyan taxpayers must do before KRA’s 2026 filing season closes

April 28, 2026

Electrifying the SGR(Standard Gauge Railway): Kenya’s next big rail bet could redefine regional trade

April 28, 2026

The role of credit ratings in investment risk assessment

April 28, 2026

Why Kenyans are shifting to life insurance over general insurance

April 27, 2026

Kenya’s $750 million world bank loan hinges on policy reforms amid fiscal pressures

April 27, 2026

The importance of asset allocation in long-term investment strategy

April 27, 2026

Sawe’s 1:59:30 breaks two hours record ; now Kenyan athletics face a new financial reality

April 27, 2026

How a regional refinery could reshape East Africa’s trade deficit

April 24, 2026
  • 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