A new study by Infotrak Research and Consulting has established that majority of Kenyans are unable to pay their rent.
The study conducted between May 28 and June 2 also shows that majority of Kenyans are unable to make ends meet as they did before the novel Coronavirus pandemic causing them immense psychological stress and restlessness.
The report which was released today shows Kenyans are currently faced with a myriad of financial challenges ranging from the high cost of food to the inability to pay for basic needs like housing and utilities.
The immense financial challenges has led to 60 percent of Kenyans nationwide being unable to pay their rent in full. A further 63 percent said that they were unable to pay their rent in time.
The situation is even dire for urban settlers where the country has registered high numbers of the Coronavirus infections. 72 percent of urban dwellers are unable to pay their rent in full while 74 percent of the respondents in the urban settlements unable to pay their rent in time.
72 percent of respondents said that they have not benefited from recent reduction of VAT from 16 percent to 14 percent by President Uhuru Kenyatta as one of the measures of cushioning Kenyans against the economic challenges of the virus.
87 percent of respondents said that the cost of food had gone up, while 68 percent of respondents indicated that they were unable to buy adequate gas, electricity, or even charcoal for cooking.