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THE KENYAN YOUTH

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When people look to identify the most prominent obstacles to economic growth, the levels of consumer and debt are often high on any list. The current economic circumstances of Kenya provides a case in point, as it is the country  where debt and mortgage liability are a key factors behind diminished consumer spending within society especially with the young professions . Unemployment leads to the diminishing spending patrten especially among Kenyans aged 18 to 29. The rate of joblessness within this social group is up which is well above the national rate. This has forced many to reduce their weekly budgets and the amount that they spend on entertainment, food and transport. As young adults are undoubtedly spending less in the current economic climate, it is fair to say that they also have different spending priorities compared to previous generations. The pronounced decline of the Kenyan economy provides some insight into this. Young Kenyans are more likely to purchase vehic