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SHOCKED - Less than 15,000 Nairobian's earning above 100k
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wangu.n
#181 Posted : Tuesday, June 16, 2015 4:10:07 PM
Rank: Member

Joined: 8/4/2009
Posts: 136
The number of bank accounts holding more than Sh100,000 rose by 78,160 last year to a record 1.1 million, reflecting rising personal fortunes and expansion of businesses in tandem with Kenya’s economic growth

http://www.businessdaily.../-/14qf8vwz/-/index.html
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Shak
#182 Posted : Tuesday, June 16, 2015 6:25:54 PM
Rank: Elder

Joined: 2/22/2009
Posts: 2,449
Location: Africa
S.Mutaga III wrote:
mv_ufanisi wrote:
urstill1 wrote:
Wainadi wrote:
mv_ufanisi wrote:
Of course makes more sense to make 200k than earn 100k.

Not to those who are busy competing/comparing themselves with others.


The moment you get your 200k and they get their 350k and all of you go to the market to purchase goods and services is the moment yo'll know why some of us favour 100k.



You're assuming that you're the only people in the market. My take is this is in today's Kenya and you're in an office. Why should you choose to earn less just so you can out earn your office colleagues?

I would rather earn 200k as my nine colleagues earn 350k, as long as I am still far better than the next highest earning person in the market (outside my workplace).

Exactly! And the fact that the highest earner gets 350k will motivate me to work harder to reach his or her level unlike the one earning 100k who probably is already at the peak
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Lolest!
#183 Posted : Tuesday, June 16, 2015 7:08:11 PM
Rank: Elder

Joined: 3/18/2011
Posts: 12,069
Location: Kianjokoma
[quote=wangu.n]The number of bank accounts holding more than Sh100,000 rose by 78,160 last year to a record 1.1 million, reflecting rising personal fortunes and expansion of businesses in tandem with Kenya’s economic growth

http://www.businessdaily...-/14qf8vwz/-/index.html[/quote]
hahaaa iko pesa kenya!

look at rents and the rising land prices yet there are always buyers

look at the road traffic issue. We're now at KCD. Pesa iko kwa wingi!
Laughing out loudly smile Applause d'oh! Sad Drool Liar Shame on you Pray
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kysse
#184 Posted : Wednesday, June 17, 2015 10:19:36 PM
Rank: Elder

Joined: 1/17/2013
Posts: 4,693
Location: Earth
Shak wrote:
S.Mutaga III wrote:
mv_ufanisi wrote:
urstill1 wrote:
Wainadi wrote:
mv_ufanisi wrote:
Of course makes more sense to make 200k than earn 100k.

Not to those who are busy competing/comparing themselves with others.


The moment you get your 200k and they get their 350k and all of you go to the market to purchase goods and services is the moment yo'll know why some of us favour 100k.



You're assuming that you're the only people in the market. My take is this is in today's Kenya and you're in an office. Why should you choose to earn less just so you can out earn your office colleagues?

I would rather earn 200k as my nine colleagues earn 350k, as long as I am still far better than the next highest earning person in the market (outside my workplace).

Exactly! And the fact that the highest earner gets 350k will motivate me to work harder to reach his or her level unlike the one earning 100k who probably is already at the peak


Are these NET or GROSS?
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Impunity
#185 Posted : Wednesday, July 01, 2015 4:34:26 AM
Rank: Elder

Joined: 3/2/2009
Posts: 26,331
Location: Masada
kysse wrote:
Shak wrote:
S.Mutaga III wrote:
mv_ufanisi wrote:
urstill1 wrote:
Wainadi wrote:
mv_ufanisi wrote:
Of course makes more sense to make 200k than earn 100k.

Not to those who are busy competing/comparing themselves with others.


The moment you get your 200k and they get their 350k and all of you go to the market to purchase goods and services is the moment yo'll know why some of us favour 100k.



You're assuming that you're the only people in the market. My take is this is in today's Kenya and you're in an office. Why should you choose to earn less just so you can out earn your office colleagues?

I would rather earn 200k as my nine colleagues earn 350k, as long as I am still far better than the next highest earning person in the market (outside my workplace).

Exactly! And the fact that the highest earner gets 350k will motivate me to work harder to reach his or her level unlike the one earning 100k who probably is already at the peak


Are these NET or GROSS?


Net of PAYE, NHIF and NSSF.
Portfolio: Sold
You know you've made it when you get a parking space for your yatcht.
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kayhara
#186 Posted : Wednesday, September 06, 2017 1:56:53 PM
Rank: Veteran

Joined: 5/5/2011
Posts: 1,059
can someone tell me how someone living in Nairobi works 8AM to 5PM Monday to Saturday survive on an 8k salary, working in town and living in Kawangware, wah kenyans are having it rough.
To Each His Own
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Swenani
#187 Posted : Wednesday, September 06, 2017 7:15:51 PM
Rank: User

Joined: 8/15/2013
Posts: 13,237
Location: Vacuum
kayhara wrote:
can someone tell me how someone living in Nairobi works 8AM to 5PM Monday to Saturday survive on an 8k salary, working in town and living in Kawangware, wah kenyans are having it rough.


Pole sana @kayhara, Mwanaume ni kusurvive
If Obiero did it, Who Am I?
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Angelica _ann
#188 Posted : Sunday, September 10, 2017 1:44:02 PM
Rank: Elder

Joined: 12/7/2012
Posts: 11,935
Swenani wrote:
kayhara wrote:
can someone tell me how someone living in Nairobi works 8AM to 5PM Monday to Saturday survive on an 8k salary, working in town and living in Kawangware, wah kenyans are having it rough.


Pole sana @kayhara, Mwanaume ni kusurvive

Sad Sad Sad
In the business world, everyone is paid in two coins - cash and experience. Take the experience first; the cash will come later - H Geneen
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mv_ufanisi
#189 Posted : Tuesday, October 03, 2017 5:06:14 PM
Rank: Member

Joined: 1/15/2010
Posts: 625
http://www.businessdaily...20826-vba7pj/index.html

There are more than 70,000 Kenyans earning above 100K who pay taxes and work in the formal sector.
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Much Know
#190 Posted : Tuesday, October 03, 2017 7:08:35 PM
Rank: Elder

Joined: 12/6/2008
Posts: 3,579
mv_ufanisi wrote:
http://www.businessdailyafrica.com/news/Soft-economy-slows-down-growth-of-high-paying-jobs/539546-4120826-vba7pj/index.html

There are more than 70,000 Kenyans earning above 100K who pay taxes and work in the formal sector.

96% in the education sector, mostly garment graduate principlals, lecturers e.t.c.
Ras Kienyeji Man
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