Sharp Daily
  • News
  • Business
  • Technology
  • Real Estate
  • Opinion
  • About Us
No Result
View All Result
Sharp Daily
  • News
  • Business
  • Technology
  • Real Estate
  • Opinion
  • About Us
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

Business

Dangote’s Entry into KPC: A Game Changer for Kenya’s Petroleum Industry?

October 23, 2026
Analysis

Investors favour 91-day treasury bills amid inflation concerns

October 23, 2026
News

Kakuzi Profit Warning Highlights Commodity Price and Production Risks in the Agricultural Sector

October 23, 2026
News

The Power of Dollar-Cost Averaging for Beginners

October 22, 2026
News

October 21, 2026
News

Payment Regulation Kenya Sets New Rules for Fintechs

October 19, 2026

LATEST STORIES

Protecting your pension rights during separation

October 23, 2026

Dangote’s Entry into KPC: A Game Changer for Kenya’s Petroleum Industry?

October 23, 2026

Investors favour 91-day treasury bills amid inflation concerns

October 23, 2026

Kakuzi Profit Warning Highlights Commodity Price and Production Risks in the Agricultural Sector

October 23, 2026

The untapped potential of insurance funds in financing Kenya’s economy

October 22, 2026

The Power of Dollar-Cost Averaging for Beginners

October 22, 2026

From employer silence to candidate no shows: How hiring ghosting evolved

October 22, 2026

NCBA shares suspended for nine days as Nedbank takeover nears completion

October 21, 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
  • News
  • Business
  • Technology
  • Real Estate
  • Opinion
  • About Us

Sharp Daily © 2024