Sharp Daily
No Result
View All Result
Thursday, October 9, 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

Tough Economic Times Dim Valentine’s Glow

Dennis Otsieno by Dennis Otsieno
February 15, 2023
in News
Reading Time: 2 mins read
Living cost

The cost of food and other essential commodities has skyrocketed to unimaginable levels. [Image/ Courtesy]

After several days of hype on various platforms, the much-anticipated Valentine’s Day did not live up to expectations on Nairobi’s streets.

Unlike previous years, when red tents dotted the city streets with flowers and goodies for sale, the situation was different on Tuesday.  Similarly, the majority of city workers avoided the traditional red attire associated with Valentine’s Day.

Many of those polled blamed the low mood of the day on tough economic times and the rising cost of living, opting to ignore it entirely.

Read:‘Brace For Tough Times’- Prof. Njuguna Ndung’u Says

RELATEDPOSTS

How public ratings could shift healthcare dynamics in Kenya

September 4, 2025

Why firms are shedding jobs despite survival

June 19, 2025

The ever-rising taxes on food prices and fuel have impacted the overall cost of all commodities including roses and chocolates, which are used to mark Valentine’s day.

Most people, therefore, preferred to buy a packet of cooking flour and other basic commodities rather than spending money on expensive flowers. 

Read:2023 Valentine’s Top Most Online Searches

Others stated that the burden of school fees was too great for them to consider celebrating Valentine’s day. People used to observe the day years ago, but the tradition is slowly fading with increasing responsibilities and surging inflation. 

With the withdrawal of subsidies on fuel and food, the citizens have been forced to brace for hard economic times. Despite the high cost of living, Valentine’s is a very important day as it gives people across the world the chance to celebrate the relationships they value in their life.

Email your news TIPS to editor@thesharpdaily.com

Previous Post

Artificial Intelligence -The Future Of Businesses

Next Post

Solving Nigeria’s Cash Shortage With Mobile Money An Opportunity

Dennis Otsieno

Dennis Otsieno

Related Posts

News

Start Q4 strong with the Cytonn Money Market Fund

October 9, 2025
News

Kenya Q2’ 2025 GDP growth accelerates to 5.0%

October 3, 2025
News

Argentina’s crisis and Kenya’s lessons on political economy and market confidence

September 25, 2025
News

Kenya’s financial system remains stable but faces rising risks

September 25, 2025
News

Where do Kenyan stock returns come from? A napkin framework

September 19, 2025
News

September snapshot: CMMF yields 13.12% as month unfolds

September 5, 2025

LATEST STORIES

Kenya Pipeline IPO deadline extended to 2026 and what it means for the Privatization Agenda

October 9, 2025

Audit reveals gaps in Kenya’s unclaimed assets system

October 9, 2025

What Happens to Your Funds During Pension Fund Liquidation in Kenya

October 9, 2025

Start Q4 strong with the Cytonn Money Market Fund

October 9, 2025

Valuation multiples

October 9, 2025

The economic and environmental gains of Kenya’s LPG shift

October 8, 2025

Equities, Bonds, or Fixed Deposits?

October 7, 2025

Kenya’s Inflation is creeping up, What it means for investors

October 7, 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