This archive report was first published on 20 November 2019.
On November 20, 2019, Business Daily Africa published an editorial highlighting the need to address income inequality in Kenya.
As the number of formal sector employees earning over Sh100,000 a month grows, it sends a positive signal that the economy has the capacity to create and sustain high-quality jobs. However, this also raises important questions about income inequality and the role corporates can play in reducing it.
Policy makers must focus on agriculture and agriculture-based industries, which are the worst performing sectors in terms of remuneration. The sector's poor pay is a major obstacle to attracting young people and driving economic growth.
Increasing synergy and linkages between agriculture, manufacturing, and technology sectors is crucial to improving the fortunes of workers.