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State eyes 16 million 'hustlers' with new savings scheme

KNEST is projected to increase savings rate to above 40% in the next five years.

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by ALFRED ONYANGO AND MARTIN MWITA

News15 March 2023 - 15:17
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Jua Kali traders sale their wares at Kamukunji/FILE

The government is targeting at least 16 million informal sector workers with the new Kenya National Entrepreneurs Savings Trust (KNEST), aimed at improving pension coverage in Kenya.

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