Why is Kenya getting richer while many of its people remain poor?

A section of Thika road taken on October 19 2012. Photo/PHOEBE OKALL

What you need to know:

  • Recent news that Kenya is planning to recalculate the way it records its Gross Domestic Product (GDP) has caused excitement, writes NIC CHEESEMAN. Who wouldn’t be excited to hear that they are now living in a middle-income country with an economy worth some $50 billion? But what Kenya’s new GDP figures actually reveal is just how unequal the country has become.

Following the example of Ghana and Nigeria, Kenya plans to “rebase” its GDP. This means that the country will update the way that it calculates the worth of the economy in order to reflect its changing nature.


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