One in five Kenyans report 20pc rise in living costs, Tala
The 2026 MoneyMarch Report highlights growing financial pressure, even as more people turn to savings and entrepreneurship to cope. Kenya breaking news | Kenya news today |..
✨ Key Highlights
A new report by Tala reveals that approximately one in five Kenyans are experiencing a significant rise in their cost of living, with over 20 percent reporting an increase in the past six months.
- 59 percent of Kenyans are now utilizing savings through banks and 'chamas', an increase from 56 percent last year.
- Tala Kenya, a digital lender, notes that 91 percent of Kenyans borrow from digital lenders, up from 87 percent previously.
- More Kenyans are turning to entrepreneurship, with business ownership growing by eight percentage points, while fewer salaried workers are taking on side hustles.
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