This archive report was first published on 22 December 2019.
As the festive season gets underway, Nairobi Governor Mike Sonko has offered some timely advice to residents on how to avoid financial strain.
Speaking at Pumwani Hospital Maternity Hospital ward on Saturday, Sonko urged Nairobians to be mindful of their spending, especially if they had not saved for the season from January.
“Don’t spend more than 10% of your income during this festive season if you didn’t save for it from January. If 10% is too small, then that’s an indication why you shouldn’t even think of travelling to the village. Don’t take loans for luxury. Only take loans if you’re going to use the aid in doing productive activities with a meaningful return. It’s not a good thing to be indebted,” he wrote.
It is worth noting that this is Sonko’s first official public appearance since his arrest in Voi and subsequent release on a Sh15 million cash bail on December 11.
