Hopes of a happy Christmas for most Kenyans have faded with the rising cost of living.
Dreams of home ownership, affordable cars and petrol and a comfortable life have evaporated with daily increases in prices of goods and high interest rates.
The latest announcement came on Friday from the dominant mortgage lender, Housing Finance, that it was raising interest for new borrowers to 23 per cent and 16 per cent for existing customers, up from 14.5 per cent.
Read more.Compare Supermarket Prices in Kenya | BeiYangu