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Living standards improve in Kenya

28/06/2011 - Posted by Neil King
Dubai property investment opportunity - The First Group
Living standards improve in Kenya

A major new study has found that living standards in Kenya have improved, with millions of the poorest Kenyans climbing the social ladder.Figures from the Kenya Advertising Research Foundation revealed that the poorest Kenyans now make up just one per cent of the population, falling from a high of 12 per cent in 2007.The research measures living standards on a household's ability to buy and consume goods and services, a different method to government data, which uses income and education levels.Business Daily Africa reported that 72 per cent of the Kenyan population still remains in the lower classes, but this is a fall from 80 per cent in 2007.Almost a quarter (24.1 per cent) belongs to the middle classes, up from 19 per cent in 2007, while 3.6 per cent are in the upper classes, an increase from one per cent four years ago.As Kenyans become wealthier, more people could be exploring consumer markets. Samson Murethi from Shelter Afrique recently said there is high demand for housing in Kenya.  

Dubai property investment opportunity - The First Group



    
    
       
	
    
	
	
    
    
    
    

    
    
    
    
    
    
    
   	
	
    
    
    
    

    
    



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