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It takes Sh2.2m to join richest 1pc of Kenyans


It takes Sh2.2m to join richest 1pc of Kenyans
Monday March 01 2021
By VICTOR JUMA
The threshold means that the country’s most affluent class is packed with prosperous professionals and entrepreneurs.
With a Sh2.2 million threshold out of reach of most Kenyans, it also demonstrates the country’s relatively higher poverty levels and reflects Kenya’s wealth inequality.
Sh2.2 million can only secure a small plot of land in Nairobi’s outskirts, with the cheapest apartments in the capital city starting from Sh3 million.
The study describes wealth as the net assets of a person that includes property, cash, equities, business interests less any liabilities like loans. ....

United States , Nairobi Area , South Africa , Knight Frank , Kenya National Bureau Of Statistics , Knight Frank Wealth , Kenya National Bureau , Draft Income Tax Bill , ஒன்றுபட்டது மாநிலங்களில் , நைரோபி பரப்பளவு , நைட் வெளிப்படையான , கேந்ய தேசிய பணியகம் ஆஃப் புள்ளிவிவரங்கள் , நைட் வெளிப்படையான செல்வம் , கேந்ய தேசிய பணியகம் , வரைவு வருமானம் வரி ர சி து ,

Art prices drop as rich favour wine


Art prices drop as rich favour wine
Friday February 26 2021
From left: African Golfing Lady by Kioko Mwitiki, Bust of African Queen by Robison Kamwathi, and A girl and her pet by Kioko Mwitiki at the Kioko Art Gallery. PHOTOS | POOL
By ELIZABETH KIVUVA
Summary
The wealthy’s appetite for artworks has been growing over the years as most seek to spruce up their homes with rare pieces or buy to resale, but it is gradually dropping.
The super-rich bought fewer artworks, compared to rare whisky, wine, classic cars, coins, and jewellery, a new wealth report has shown.
The wealthy’s appetite for artworks has been growing over the years as most seek to spruce up their homes with rare pieces or buy to resale, but it is gradually dropping. ....

Nairobi Area , Antinori Tignanello Toscana , Knight Frank , Castello Banfi Centine Toscana , Kioko Mwitiki , Knight Frank Wealth , Kioko Art Gallery , Tenuta Sette Ponti Crognolo Toscana , நைரோபி பரப்பளவு , நைட் வெளிப்படையான , நைட் வெளிப்படையான செல்வம் ,