If you read the article, there is a very very funny assumption made to make the claim.
Money leaving peoples bank accounts = cash held by the people in homes..Obviously such a claim would be true if kenyans only spent money in kenya. Some take the money and buy cars outside Kenya, some pay loans outside kenya...so when you use that assumption to come up with an article like that, it says more about the writer than it says about the cash in pocket.
Me when cash leaves my account, I typically dont have it under my bed or in a box in the house.
Ericsson wrote:xtina wrote:Ericsson wrote:Monk wrote:https://www.businessdailyafrica.com/bd/markets/capital-markets/cash-in-kenyans-pockets-jumps-to-19-month-high-3231412
Recovery underway
Not in Jubilee administration
2021 will be harder than 2020.
why so pessimistic?
Jubilee has nothing new to offer apart from economic pain.
Look at the tax measures being introduced from January.
As other countries are looking at stimulus measures due to pain brought by COVID-19.