Sharp Daily
No Result
View All Result
Tuesday, March 24, 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

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

Kenya’s meat exports to the Gulf collapse as Middle East conflict disrupts trade

March 23, 2026

How Kenya can balance efficiency and equity in privatization

March 18, 2026

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

Investing made easier; Understanding mutual funds

March 23, 2026
Business

KCB profits rise as banking sector shows strong growth

March 23, 2026
News

KRA push to lower VAT threshold to zero signals higher costs for small businesses

March 23, 2026
News

Understanding money market funds and their role in investment portfolios

March 23, 2026
News

Remote work and its influence on property demand

March 22, 2026
News

Diversifying your portfolio for smarter investing

March 22, 2026

LATEST STORIES

Investing made easier; Understanding mutual funds

March 23, 2026

Understanding Pension Fund Investments in Kenya

March 23, 2026

Kenya’s meat exports to the Gulf collapse as Middle East conflict disrupts trade

March 23, 2026

KCB profits rise as banking sector shows strong growth

March 23, 2026

KRA push to lower VAT threshold to zero signals higher costs for small businesses

March 23, 2026

Understanding money market funds and their role in investment portfolios

March 23, 2026

Remote work and its influence on property demand

March 22, 2026

Diversifying your portfolio for smarter investing

March 22, 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