Kenya: 85 Percent of Kenyans Expect Higher Incomes in 2025

Nairobi — 85 percent of Kenyan consumers are confident that their incomes incomes will grow next year due to enhanced debt management, according to a recent study by TransUnion.

The latest ‘Consumer Pulse Study’ revealed Kenyan households experienced a modest financial rebound in the second quarter of 2024, largely driven by new business ventures, enhanced debt management, and less impact from job losses.

According to the study, 34 percent of consumers saw an increase in income in the last three…