Ephraim Wainaina’s Post

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Business Performance & Strategy | Business Partnering | Financial Planning & Analysis

#Financial #Literacy #Month According to Gitnux report, Financial Literacy is low #worldwide with a 61% score on a test measuring basic financial knowledge concepts. In #Sub-Sahara #Africa a Global study found that financial literacy remains low at 32% ( Fanta & Mustonziwa, 2021) Closer home , In #Kenya according to a 2021 Global Financial Literacy Survey only 38% of Kenyans are financially literate. In the same report Uganda recorded 34% , Tanzania 40% , SA 42% and Nigeria 26%. With such alarming low scores there is no doubt why we need to deliberately increase our financial literacy individually and collectively as a nation. To be continued....

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