July 5, 2023

Boosting Informal Sector Savings through Pension Schemes in Kenya

The informal sector refers to economic activities not regulated or protected by the government and often operate outside the formal economy. In Kenya, 83 per cent of workers are working in the informal sector (Kenya Economic Survey, 2023) and most do not save for retirement. Saving through pension schemes can enhance the provision of financial […]

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Building Kenya’s Financial Health Amidst Increasing Financial Inclusion

Financial health is an individual’s ability to meet current and future financial needs and wants. Among the characteristics of individuals’ good financial health include high levels of financial literacy, access to financial services and ability to manage finances appropriately. The FInAccess Household Survey of 2021 revealed that adult individuals at the household level had a

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Accelerating E-mobility to Remedy Greenhouse Gas Emissions in Kenya

Electric mobility, also known as e-mobility, refers to the use of electricity to power transport locomotives as an alternative to fossil fuels. The National Energy Efficiency and Conservation Strategy (2020) envisions that 5 per cent of all registered vehicles in Kenya will be electric powered by 2030. Currently, the number of registered electric vehicles (EVs)

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Addressing High Electricity Prices to Improve Kenyan Households’ Welfare

Access to affordable and efficient energy is crucial for economic growth and development in Kenya. The Kenya Vision 2030 identifies energy as an enabler to achieving the economic, social, and political pillars in the vision. Electricity is a basic need and an important component of household’s consumption basket, and the ability to afford it will

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