Revealed: Kenyans with over Sh100,000 in bank
Thursday May 27 2021
Summary
The Central Bank of Kenya (CBK) data released Wednesday show that the number of the high-quality accounts increased to 1.69 million in the year to December.
It was expected that layoffs, job cuts and closure of small businesses due to coronavirus-induced slump would cut the number of bank accounts with more Sh100,000.
The number of bank accounts holding more than Sh100,000 rose by 134,000 last year in the face of uncertainty about jobs and incomes following the Covid-19 pandemic.
The Central Bank of Kenya (CBK) data released Wednesday show that the number of the high-quality accounts increased to 1.69 million in the year to December, reflecting a growth of 8.7 percent.
THE STANDARD
REAL ESTATE
A prime office building in Nairobi s Upper Hill with open offices to let, on Monday, May 17, 2021.[David Njaaga, Standard]
What will happen to Nairobi, the place of cool waters, when every blade of grass is replaced by concrete?
Will we have a New York-esque skyline to marvel at or have a jungle where sanitation is poorer, crime higher, cost of living at stratospheric highs and air pollution threatening life?
In 2009, the city had a population of 3.14 million. But by 2019 when Kenya National Bureau of Statistics (KNBS) went out for the census, the population had soared to 4.4 million.
Nairobi s space shrinks under population tide standardmedia.co.ke - get the latest breaking news, showbiz & celebrity photos, sport news & rumours, viral videos and top stories from standardmedia.co.ke Daily Mail and Mail on Sunday newspapers.