Uhuru Has Mortgaged Kenya

[Omollo]

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My comments later...

Kenya’s annual debt repayment to hit Sh618.5Bln in 2017,Treasury to spend Sh40 out of every Sh100 collected as tax on servicing the loans-BD

— Kenyan Wall Street (@kenyanwalstreet) December 1, 2016

[RVtitem]

Kenya is doing it Nigerian way. No one is worried about the future.

[Empedocles]

My comments later...

Kenya’s annual debt repayment to hit Sh618.5Bln in 2017,Treasury to spend Sh40 out of every Sh100 collected as tax on servicing the loans-BD

— Kenyan Wall Street (@kenyanwalstreet) December 1, 2016

You can watch the debt clock live here:

http://countrymeters.info/en/Kenya/economy

[Globalcitizen12]

Africa is adopting the American or west debt model to development and growth. I wonder if we have the capacity to service these loans. I was amazed at what Mahama in ghana has done in Infrastructure. He has in a short term build many dual carriages and expanded infrastructure to the northern part of ghana where he hails from. I know Ghana is having trouble  servicing debt.

[Kim Jong-Un's Pajama Pants]

The problem here is that we are expecting kamwana do be what we know he has never been.  A halfway decent manager or administrator.  He did not run for office for that.