President William Ruto has sparked debate after sharply criticizing the old National Social Security Fund (NSSF) contribution rates, arguing that saving as little as KSh 200 amounts to financial indiscipline and cannot support meaningful national development.
Speaking while defending higher savings and investment culture, Ruto compared Kenya to Tanzania, which he described as having a smaller economy but stronger investment capacity. He noted that Tanzanians are increasingly investing in Kenya, including buying land in prime areas such as Upper Hill and putting up high-rise buildings.
According to the president, such developments are a clear sign that Kenyans have failed to prioritize savings and long-term investment, instead remaining complacent while outsiders take advantage of available opportunities. He argued that meaningful growth requires discipline, higher contributions, and a shift from short-term thinking.
Ruto’s remarks come amid ongoing public resistance to increased statutory deductions, with many Kenyans arguing that higher contributions worsen the cost-of-living crisis. While the government insists the reforms are necessary for future economic stability, critics say the timing and tone of the message show a disconnect with the daily struggles of ordinary citizens.
The comments have triggered mixed reactions, with supporters backing the president’s call for an investment-driven mindset, while opponents accuse him of dismissing the financial realities facing millions of Kenyans.
