According to the newly released Taxpayers Perception Survey by the National Taxpayers Association, most Kenyans depend on either business ventures or employment earnings to sustain their livelihoods.
The survey found that 35.6 percent of respondents earn their income from business, making entrepreneurship the country’s largest income contributor.
“This highlights Kenya’s heavy reliance on the informal sector, where millions run small and micro enterprises to provide for their families,” the report notes.
Formal employment is still crucial, as salaries, wages, and commissions account for 32.4 percent of household income, especially in urban areas where the structured jobs support family needs.
Agriculture continues to play a role; 9 percent of respondents make an income from the sale of farm products and services, reflecting farming’s importance in rural areas.
Other smaller sources of income come from donations or gifts from well-wishers, which account for 3.7 percent; remittances from relatives abroad, 1.8 percent; social grants, 1.2 percent; and pensions, 0.7 percent. Meanwhile, 3.1 percent of respondents refused to answer, probably out of privacy concerns or distrust in surveys.
The report also indicates that many households are sustained by spouses, relatives, and extended family, thus offering a vital safety net in the Kenyan economy.
Overall, the findings show that Kenyans rely on a combination of business, formal work, farming, and family support to make ends meet.
The post Survey Shows How Kenyans Make Ends Meet Amid Economic Pressures appeared first on Bossnana.
