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Originally published by The Standard Business
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April 2, 2026
4h ago

Black tax? Gen-Z has other plans

Black tax? Gen-Z has other plans

Kenya’s Gen-Z is rejecting black tax, prioritising savings, business ventures, and home ownership, leaving Millennials to bear the burden of supporting dependents...

✨ Key Highlights

Kenya's Gen-Z is diverging from the Millennial generation's financial habits, opting to save for retirement instead of paying the traditional "black tax" to support family.

  • A new study suggests Millennials may be the last generation to financially support parents and dependents.
  • This shift in financial planning is a significant difference between Gen-Z and preceding generations in Kenya.
  • The article explores the changing attitudes towards financial responsibility among younger Kenyans.

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