According to a recent report, 2023 saw to decline in the population of dollar millionaires in Kenya. This was a result of the poor performance of the country’s local currency, the Kenyan Shilling. The report noted that the weak Shilling shed off the investable wealth in dollars these millionaires would have otherwise had. Additionally, a seemingly unfriendly business ecosystem prevented the increase in the number of Kenyan millionaires. Kenya’s millionaire population declined in 2023 due to weak Kenyan Shilling.Around 500 individuals lose millionaire status as currency devalues.Experts cite cu…