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Originally published by Capital Newstop
February 25, 2026
2h ago
Kenya, South Africa to reset cost of living
Nairobi is cutting taxes and opening capital markets to small investors while Pretoria is lifting wages above inflation rates in a new shift toward income-led economic stabilisation. - Kenya breaking news | Kenya news today | Capitalfm.co.ke..
✨ Key Highlights
Kenya and South Africa are implementing new economic strategies to combat the rising cost of living by focusing on increasing disposable income and wealth creation, moving away from traditional subsidies.
- Kenya is proposing tax reforms to exempt those earning US$233 (Ksh30,000) and below from income tax, while lowering the rate for the next income bracket to 25%.
- A new platform, Safaricom’s Ziidi Trader, is launching in Kenya to allow low-income earners to buy and sell shares directly via mobile money, significantly lowering investment barriers.
- South Africa has announced a 5% increase in the national minimum wage starting March 2026, aiming to provide relief to consumers.
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