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Author Topic: 92% earn less than ksh.40k-sad! sad! sad.  (Read 3947 times)

Offline Kichwambaya

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92% earn less than ksh.40k-sad! sad! sad.
« on: September 29, 2014, 09:50:36 PM »

Offline RV Pundit

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Re: 92% earn less than ksh.40k-sad! sad! sad.
« Reply #1 on: September 30, 2014, 06:45:41 AM »
Who decided 40K should be the measure of middle class in Kenya.

Looking at IPOS survey seem the breakdown is like..

43 per cent of Kenyans earn less than Sh10,000.
31 per cent earn sh10,000-Sh25,000.
33 percent earn sh25,000-sh40,000.
4 per cent earn more than Sh40,000.

Offline Olekoima

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Re: 92% earn less than ksh.40k-sad! sad! sad.
« Reply #2 on: September 30, 2014, 06:14:35 PM »
Quote from: RV Pundit on September 30, 2014, 06:45:41 AM
Who decided 40K should be the measure of middle class in Kenya.

Looking at IPOS survey seem the breakdown is like..

43 per cent of Kenyans earn less than Sh10,000.
31 per cent earn sh10,000-Sh25,000.
33 percent earn sh25,000-sh40,000.
4 per cent earn more than Sh40,000.

Looks impressive to me with some 68% earning between 10,000 to more than 40,000. This is not bad. Our standards of living are not that high. Between 10,000 shillings in a rural area is quite something. But again these percentages don't add up. 43%+31%+33%+4% is already 111%. Hey bwana.

Offline RV Pundit

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Re: 92% earn less than ksh.40k-sad! sad! sad.
« Reply #3 on: September 30, 2014, 06:17:50 PM »
my bad--22% should be those who earn btw 25-40k
Quote from: Olekoima on September 30, 2014, 06:14:35 PM

Looks impressive to me with some 68% earning between 10,000 to more than 40,000. This is not bad. Our standards of living are not that high. Between 10,000 shillings in a rural area is quite something. But again these percentages don't add up. 43%+31%+33%+4% is already 111%. Hey bwana.

Offline Olekoima

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Re: 92% earn less than ksh.40k-sad! sad! sad.
« Reply #4 on: September 30, 2014, 06:21:06 PM »
Quote from: RV Pundit on September 30, 2014, 06:17:50 PM
my bad--22% should be those who earn btw 25-40k
Quote from: Olekoima on September 30, 2014, 06:14:35 PM

Looks impressive to me with some 68% earning between 10,000 to more than 40,000. This is not bad. Our standards of living are not that high. Between 10,000 shillings in a rural area is quite something. But again these percentages don't add up. 43%+31%+33%+4% is already 111%. Hey bwana.

Yes, thanks for the correction.
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