Nipate
Forum => Kenya Discussion => Topic started by: KenyanPlato on November 19, 2019, 03:56:08 PM
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Wow the economic bomb has just gone off. All cash confiscated from parastatals. Last time this happened old kcc died.
Uhuru was a disaster from the day moi fished him from rehab in Switzerland to now. Fuc K. Kenya is so screwed.
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Dynamic duo....(https://uploads.tapatalk-cdn.com/20191119/e580d3ef2e7ce737db3ee87382941f2c.jpg)
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Disaster Duo. They should leave together in 2022.
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Funny thing is Ruto wants to be give praise for jubilee "achievements" but wants nothing to do with the economic messed caused by Jubilee. He is part and parcel of the economic mess. He and Uhuru have only achieved personal and family financial gains in the 7 years at the top of the regime. Both should be shelved to the corridors of history and even Kenya should recall the ICC to investigate the two on their term in office. :D :D :D
Wow the economic bomb has just gone off. All cash confiscated from parastatals. Last time this happened old kcc died.
Uhuru was a disaster from the day moi fished him from rehab in Switzerland to now. Fuc K. Kenya is so screwed.
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Uhuru 2.0 disaster is his own making. He has seen a mean machine that Ruto had ironed and was busy delivering come to a halt...because of allowing Raila and his usual mess into gov. Now half the gov is fighting the other half. The is a lot of witchhunt that nothing is happening - everyone is afraid - like in Tanzania magufuli.
Chinese even refused to lend more when they saw Uhuru was playing games - with his politics.
Next if he allows BBI nonsense - the next 2yrs the economy will tank. Investment decisions will be postponed. If he falls out with Ruto - even worse will happen.
Economy is a CONFIDENCE GAME. The more people are afraid or unsure they stop investing. Uhuru has to clarify what his political plan for kenya really is..
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Funny thing is Ruto wants to be give praise for jubilee "achievements" but wants nothing to do with the economic messed caused by Jubilee. He is part and parcel of the economic mess. He and Uhuru have only achieved personal and family financial gains in the 7 years at the top of the regime. Both should be shelved to the corridors of history and even Kenya should recall the ICC to investigate the two on their term in office. :D :D :D
Wow the economic bomb has just gone off. All cash confiscated from parastatals. Last time this happened old kcc died.
Uhuru was a disaster from the day moi fished him from rehab in Switzerland to now. Fuc K. Kenya is so screwed.
'Zactly! There was a time Pundit treated us to large tracts of mythology on how Rotich is Ruto's man and he will fix everything from Eurobond to SGR to NYS. It did not help that when the 21b dams scandal burst its banks Ruto was quick to say "it's only 7b and not 21b". Now Uhuru will somehow turn around and blame Ruto and his men for messing up Treasury. Whichever way one looks at it, Ruto is screwed.
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You can steal as much as you want but economy will grow if people are hopeful about the future. Jubilee 1.0 was a very stable united gov that INSPIRED CONFIDENCE in people. Without confidence - the economy tank. That is why our economy growth half or worse EVERY ELECTION YEAR. Economy for most part is about SENTIMENTS. Uhuru has put the country in fix - perpetual confusion - that is affecting kenyans, foreigners, investors and everyone.
'Zactly! There was a time Pundit treated us to large tracts of mythology on how Rotich is Ruto's man and he will fix everything from Eurobond to SGR to NYS. It did not help that when the 21b dams scandal burst its banks Ruto was quick to say "it's only 7b and not 21b". Now Uhuru will somehow turn around and blame Ruto and his men for messing up Treasury. Whichever way one looks at it, Ruto is screwed.
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Uhuru the drunkard is dealing with confidence crisis. Nobody really knows where he is taking the country to.
Usefulness of the consumer confidence indicators
Investors, manufacturers, retailers, banks, and government agencies use various consumer assessments to plan their actions. For example, if weak consumer confidence indicates a decline in consumer spending, manufacturers will decrease their inventories in advance. They might delay investing in new projects and facilities. Banks will prepare for a reduction in lending activities like mortgage lending and credit card use. Homebuilders will plan for the decline in home construction volumes. The government will get ready for the reduction in future tax revenues.
On the other hand, if consumer confidence is improving, manufacturers can begin to boost production and inventories. Large employers will plan to increase hiring rates. Builders start preparing for higher housing construction rates. T
When confidence decreases, spending and risk-taking tend to decrease.
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Changing the narrative as usual. Confidence is nothing when the people we had confidence in (or rather, Uhuru had confidence in) have bled the coffers dry. You can scream confidence all day but what Rotich and Thugge did cannot be undone.
https://www.nation.co.ke/business/How-Treasury-mandarins-cooked-books/996-5354662-view-asAMP-j9x15y/index.html
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You can steal as much as you want but economy will grow if people are hopeful about the future. Jubilee 1.0 was a very stable united gov that INSPIRED CONFIDENCE in people. Without confidence - the economy tank. That is why our economy growth half or worse EVERY ELECTION YEAR. Economy for most part is about SENTIMENTS. Uhuru has put the country in fix - perpetual confusion - that is affecting kenyans, foreigners, investors and everyone.
'Zactly! There was a time Pundit treated us to large tracts of mythology on how Rotich is Ruto's man and he will fix everything from Eurobond to SGR to NYS. It did not help that when the 21b dams scandal burst its banks Ruto was quick to say "it's only 7b and not 21b". Now Uhuru will somehow turn around and blame Ruto and his men for messing up Treasury. Whichever way one looks at it, Ruto is screwed.
Jubilee 1.0 "INHERITED" an economically stable country from kibaki. Wanton looting , excessive borrowing and general mismanagement summarises jubilee government.
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So when Uhuru asked why people are broke - you think Rotich & Thugge stole all the money. Nope. I think what has changed in Jubilee is Raila entry. That has created a schism that affect gov. Uhuru has to kicked Raila before it's too late. Then let Ruto drive the gov. Ruto will steal 10% but deliver 90%. This ones are delivering 10% and leaving 90% undone.
Look at an idiot like Macharia - he painted thika road red - nothing - he went to Spain and got some train nothing - SGR has ended in maize plantation in Narok - NYS buses dead - nearly anything he has touched has failed - Eng Kamau was better even if he stole himself enough to build RadissonBlue Nairobi - I mean the guy should long has been fired.
The only way Uhuru can save his legacy is to bring back Jubilee - Mps, MCAs, Ruto and then go back to drinking. He cannot run the gov with Kibicho & Matiangi. They don't have the gravitas and experience needed to move such a big ship. Nobody listen to them...not people in mashinani, not investors, not foreigners, not lenders.
He started from Mt kenya - hopefully he can learn something before it's too late - he will be blaming Ruto & Rotich for stealing everything :).
Gov money is not stored to be stolen ; it collected annually; used that year or that week.
Changing the narrative as usual. Confidence is nothing when the people we had confidence in (or rather, Uhuru had confidence in) have bled the coffers dry. You can scream confidence all day but what Rotich and Thugge did cannot be undone.
https://www.nation.co.ke/business/How-Treasury-mandarins-cooked-books/996-5354662-view-asAMP-j9x15y/index.html
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NARA was NOT STABLE. Raila and Kibaki were on each other neck almost daily. The gov was basically in civil war. It akin to Jubilee 2.0.
Jubilee 1.0 "INHERITED" an economically stable country from kibaki. Wanton looting , excessive borrowing and general mismanagement summarises jubilee government.
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These stories about cooking books are half-baked and anecdotal. Quoting anonymous sources. So Rotich and Thugge unprocedurally contracted staff... where is the proof of book fiddling? Out of 3Tr they "cooked" 70B :o - or they lied about debt-to-GDP ratio. So what's the correct level? - it hit 56% in 2017. Public knowledge. It also makes outlandish claims of "Kenya is running a Sh3 trillion budget on empty coffers." A 70B hole does not empty the 3Tr. I think Uhuru 2013/14 budget was already 2.2Tr.
About stability and confidence - BBI or war against corruption increase stability. PEV and electoral uncertainty is caused by the perceptions of the unjust tyranny of numbers. And tallying of presidential votes in Nairobi. The system cannot be fair or stable when only two tribes stand a chance.
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NARA was NOT STABLE. Raila and Kibaki were on each other neck almost daily. The gov was basically in civil war. It akin to Jubilee 2.0.
Jubilee 1.0 "INHERITED" an economically stable country from kibaki. Wanton looting , excessive borrowing and general mismanagement summarises jubilee government.
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What you call instability, some of us call accountability! NARA passed the constitution and handled the economy well and any time someone tried to steal, they experienced trouble for it. The only stability in Jubilee is people looting in peace while the economy goes to the dogs. "Sisi tunakula nyama" is not 'stability'.
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Well I believe NARA was so quarrelsome Kenya passed the constitution that makes clears who head of state is. Now we want BBI.We had Raila and Kibaki - we had ICC and all the mess around it. The economy before it was re-based grew by 4% - Jubilee have pulled nearly 6% - but I think we are about to go to 4% - Unless Uhuru kick Raila out, steady the ship and prepare to retire.
Big 4 agenda basically is so dead only Ruto talks about it.Zero seriousness in Uhuru
What you call instability, some of us call accountability! NARA passed the constitution and handled the economy well and any time someone tried to steal, they experienced trouble for it. The only stability in Jubilee is people looting in peace while the economy goes to the dogs. "Sisi tunakula nyama" is not 'stability'.
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Akin to raiding kids piggy bank to pay car note and mortgage, may work few months before the piggy bank drys out. Most of this cash was in some banks that have loaned out the money or heavily invested in real estate where they cannot move these properties...what will happen to those banks?
Wow the economic bomb has just gone off. All cash confiscated from parastatals. Last time this happened old kcc died.
Uhuru was a disaster from the day moi fished him from rehab in Switzerland to now. Fuc K. Kenya is so screwed.
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The big issue here is short term borrowing, high interest and loans repayment. More than 55% of KRA collections is going to loan repayment. Uhuruto 1.0 was not encumbered with heavy loans repayment they lived on grace period.
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So what's the way forward? If you were in Uhuru's position, what would you do? Ndii is offering some solutions but they are very political and it seems like he's happy his hunch has been confirmed. I'd like to hear from finance experts.
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My solution - fix the politics - and then sell safaricom & couple of cash cows - to fix the gov balance sheets (deficit, debt repayment, development). Once we are back to 40-50% debt to GDP - start the music again - and for god sake complete that SGR to Kisumu or Malaba.
Immediately appoint Biwwot daughter Koimett to Finance PS or CS - and ask her to appoint transaction advisor and start fire sale of many parastals. Use the money to fund the budgets deficit - and reduce borrowing for 2yrs - GDP would have grown to 120B - and we will be back to healthy status.
35% of Safaricom can easily bring in 4-5B enough to repay annual debts - or reduce budget deficit to zero.
So what's the way forward? If you were in Uhuru's position, what would you do? Ndii is offering some solutions but they are very political and it seems like he's happy his hunch has been confirmed. I'd like to hear from finance experts.
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Selling Safaricom would be a good solution, actually. The strange thing is that it will be bought with the money looted from the public coffers by the same thieves who are also running down parastatals. Then they will run down those corporations and the taxpayer will suffer triple loss - government assets sold to thieves, thieves run down parastatals and buy them off, then they run down again and government bails them out, loss of jobs.... There should be a rule about openness and transparency in companies buying out state assets. Full disclosure as bare minimum. In fact, certain names and their families and proxies should be barred from buying and if found, they will forfeit with heavy penalties. But selling off government assets is not creative thinking. It is desperation mode.
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I don't buy the economy is tanking hullabaloo. Nor that Handshake has caused the economy to stall. It has been obvious that infra bing is gona be costly - cause it is a big investment. If you have a big mortgage - huge payments - you have to cut down on leisure, etc spend - and kids or spouse will cry about fewer outings or no more holidays. Infrastructure deficit needs to be filled - I think privatisation is OK but can only fix the deficit. The century bond idea is better - cause you need to build good infra. So I agree with Pundit on his solution - the funding part.
But saying the Handshake has stalled the economy is misleading. Nor is Ruto or Rotich corruption the cause. BBI cannot affect the economy unless PEV recurs. Did the economy stall in 2010? 2005? Gossip is BBI has macro- fixes for devolution, GoK accountability and integrity. It addresses medical with NHS. Agric needs some innovations - the 60% ASAL is Kenya's biggest but idle asset. That GoK land need to be dished out free to large-scale irrigation with other incentives. Kiunjuri of course is a zuzu worse than Macharia - at least there is plenty infra to see - you need very good brains at Kilimo House. The Galana experiment can be achieved with better stewardship. Not Kiunjuri and hapless Eugene.
I also don't believe GoK can effectively fix housing - apart from a few slum upgrades. Look at Singapore where a super-rich state is unable to crack it. Growing the pie and equity is the sure way to pull folks out of poverty. Big Two does it for me - food and medical. Manufacturing is old-school approach to development - and very unachievable for Kenya. SEZs, textile and niche value-adds is OK but heavy factory is DOA. Cosmetics, pesticides and such are already successful mhindi industry.
No there is no BBI or Rotich problem. That's incompetent journalism. It is the pinch of the big infra investment. The building should continue - and few years from now the naysayers will be basking in the splendor. Some calibration is needed on the priorities. The sub -optimal SGR may need to be completed else it will be a complete waste. We can argue growth strategy - but you can't have your cake and eat it too. Either you remain 3rd world or invest.
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I don't buy the economy is tanking hullabaloo. Nor that Handshake has caused the economy to stall. It has been obvious that infra bing is gona be costly - cause it is a big investment. If you have a big mortgage - huge payments - you have to cut down on leisure, etc spend - and kids or spouse will cry about fewer outings or no more holidays. Infrastructure deficit needs to be filled - I think privatisation is OK but can only fix the deficit. The century bond idea is better - cause you need to build good infra. So I agree with Pundit on his solution - the funding part.
But saying the Handshake has stalled the economy is misleading. Nor is Ruto or Rotich corruption the cause. BBI cannot affect the economy unless PEV recurs. Did the economy stall in 2010? 2005? Gossip is BBI has macro- fixes for devolution, GoK accountability and integrity. It addresses medical with NHS. Agric needs some innovations - the 60% ASAL is Kenya's biggest but idle asset. That GoK land need to be dished out free to large-scale irrigation with other incentives. Kiunjuri of course is a zuzu worse than Macharia - at least there is plenty infra to see - you need very good brains at Kilimo House. The Galana experiment can be achieved with better stewardship. Not Kiunjuri and hapless Eugene.
I also don't believe GoK can effectively fix housing - apart from a few slum upgrades. Look at Singapore where a super-rich state is unable to crack it. Growing the pie and equity is the sure way to pull folks out of poverty. Big Two does it for me - food and medical. Manufacturing is old-school approach to development - and very unachievable for Kenya. SEZs, textile and niche value-adds is OK but heavy factory is DOA. Cosmetics, pesticides and such are already successful mhindi industry.
No there is no BBI or Rotich problem. That's incompetent journalism. It is the pinch of the big infra investment. The building should continue - and few years from now the naysayers will be basking in the splendor. Some calibration is needed on the priorities. The sub -optimal SGR may need to be completed else it will be a complete waste. We can argue growth strategy - but you can't have your cake and eat it too. Either you remain 3rd world or invest.
The economy is stalled because of unserviceable debt. That is all. Last time this happened was in 1990s
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Uhuru needs $3 billion to settle or refinance this debt.
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The economy is stalled because of unserviceable debt. That is all. Last time this happened was in 1990s
Exactly, KenyanPlato. We have a limited amt to spend in a year, most of it goes to unavoidable expenditure, then we have too little left for 'development' and debt repayment.
This year, we need to start paying the crazy interests in the loan-shark-like debts Uhuru mindlessly acquired. Basically, the debtor is finally knocking and we have no cash. Not only that, we have few options (for getting the cash). If we don't pay, we get downgraded and our interests for any future loan shoots through the roof. Which means forget abt future devlt. Right now, we've borrowed like 6 trillion or so and a huge chunck of it has disappeared in graft.
People are still in wonderland: they have not started realizing just how much s*** Uhuru has dug us into. Things abt to get real tough in that country, as if they not already tough enough as it is. Parlisment approved the new 3 trillion debt to convert our debt from the loan-shark kind to a more manageable kind. Don't know how much it'll improve things.
Worst thing? It'd have taken Jubilee less than 500 billion of all those trillions to completely revitalize agriculture and take care of 70% of the population and end cyclical famine. By modernizing the old rail network and connecting road networks to it from farms, enough modern food storage facilities in all the farming counties etc.
When pple realize what Jubilee has done to the country, they will bay for blood.
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Yes most of the it is exaggerated. But definitely we have stopped leveraging (borrowing to invest) and are back to just debt refinancing (borrowing to repay loan). I would hate if GoK was to stop public investment in roads, electricity, rails, dams, irrigation, sewage, aka stopped development because they had to cut budget deficit. My solution is simple....fund public investment by selling a few cash cows...like Kibaki/Kimunya did....and for god sake BUILD MORE ROADS OR GO HOME. A Gov in Africa or Kenya that cannot bridge the huge infrastructure deficit can as well go home.
I don't buy the economy is tanking hullabaloo. Nor that Handshake has caused the economy to stall. It has been obvious that infra bing is gona be costly - cause it is a big investment. If you have a big mortgage - huge payments - you have to cut down on leisure, etc spend - and kids or spouse will cry about fewer outings or no more holidays. Infrastructure deficit needs to be filled - I think privatisation is OK but can only fix the deficit. The century bond idea is better - cause you need to build good infra. So I agree with Pundit on his solution - the funding part.
But saying the Handshake has stalled the economy is misleading. Nor is Ruto or Rotich corruption the cause. BBI cannot affect the economy unless PEV recurs. Did the economy stall in 2010? 2005? Gossip is BBI has macro- fixes for devolution, GoK accountability and integrity. It addresses medical with NHS. Agric needs some innovations - the 60% ASAL is Kenya's biggest but idle asset. That GoK land need to be dished out free to large-scale irrigation with other incentives. Kiunjuri of course is a zuzu worse than Macharia - at least there is plenty infra to see - you need very good brains at Kilimo House. The Galana experiment can be achieved with better stewardship. Not Kiunjuri and hapless Eugene.
I also don't believe GoK can effectively fix housing - apart from a few slum upgrades. Look at Singapore where a super-rich state is unable to crack it. Growing the pie and equity is the sure way to pull folks out of poverty. Big Two does it for me - food and medical. Manufacturing is old-school approach to development - and very unachievable for Kenya. SEZs, textile and niche value-adds is OK but heavy factory is DOA. Cosmetics, pesticides and such are already successful mhindi industry.
No there is no BBI or Rotich problem. That's incompetent journalism. It is the pinch of the big infra investment. The building should continue - and few years from now the naysayers will be basking in the splendor. Some calibration is needed on the priorities. The sub -optimal SGR may need to be completed else it will be a complete waste. We can argue growth strategy - but you can't have your cake and eat it too. Either you remain 3rd world or invest.
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I agree. There are viable options out of this hiccup. I also believe people have lumped economic flux - shifts in industry, finance, digital, Ubers and other models - and their slowness to adapt as a GoK failure. A "crisis". A cashflow problem is painful but is not a dead end. If you restructure, refinance, etc - get the cylinders firing again - the same lazy journalists will say the humming clockwork is a boom.
That's the real Uhuru or Rotich failure - vs Kibaki & Kimunya - fiscal indiscipline or mismanaging cashflow.
Yes most of the it is exaggerated. But definitely we have stopped leveraging (borrowing to invest) and are back to just debt refinancing (borrowing to repay loan). I would hate if GoK was to stop public investment in roads, electricity, rails, dams, irrigation, sewage, aka stopped development because they had to cut budget deficit. My solution is simple....fund public investment by selling a few cash cows...like Kibaki/Kimunya did....and for god sake BUILD MORE ROADS OR GO HOME. A Gov in Africa or Kenya that cannot bridge the huge infrastructure deficit can as well go home.
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The economy is stalled because of unserviceable debt. That is all. Last time this happened was in 1990s
You are right. But Uhuru unlike Moi has not been sanctioned or banished from global capital clubs and has more choices. Moi did not build big infra but brutalized the opposition. Credibility vs cashflow. The situation today is significantly different.
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Another Eurobond? :o :o :o
Uhuru needs $3 billion to settle or refinance this debt.
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The economy is stalled because of unserviceable debt. That is all. Last time this happened was in 1990s
You are right. But Uhuru unlike Moi has not been sanctioned or banished from global capital clubs and has more choices. Moi did not build big infra but brutalized the opposition. Credibility vs cashflow. The situation today is significantly different.
He can't get the money. He has been seeking funding for a while. How much can secure from outside lenders when the country is in debt distress?
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I don't see it as failure. I see it as over-leveraging. Kibaki brought debt to gdp from 65% to 40% by increasing tax collections (there was huge room for improvement from KANU) and by selling many kenya cash-cows including Safaricom. Jubilee found debt to gdp at 45% and has taken it to 60% - but to it's credit it has not sold any cash cow. Jubilee have also delivered far more infrastructure than Kibaki did - SGR, more roads and electricity connection than all 50yrs combined, etc etc.
Uhuru has a great legacy - he just need to bring it home. Fix politics by avoid referendum and managing Raila. Hand over to Ruto as promised and for god sake don't start a civil war btw kikuyus and kalenjin again. Improve tax collections by continuing the reforms at KRA. Sell a few cash cows - and nail agenda 4 - and go home to great retirement.
I agree. There are viable options out of this hiccup. I also believe people have lumped economic flux - shifts in industry, finance, digital, Ubers and other models - and their slowness to adapt as a GoK failure. A "crisis". A cashflow problem is painful but is not a dead end. If you restructure, refinance, etc - get the cylinders firing again - the same lazy journalists will say the humming clockwork is a boom.
That's the real Uhuru or Rotich failure - vs Kibaki & Kimunya - fiscal indiscipline or mismanaging cashflow.
Yes most of the it is exaggerated. But definitely we have stopped leveraging (borrowing to invest) and are back to just debt refinancing (borrowing to repay loan). I would hate if GoK was to stop public investment in roads, electricity, rails, dams, irrigation, sewage, aka stopped development because they had to cut budget deficit. My solution is simple....fund public investment by selling a few cash cows...like Kibaki/Kimunya did....and for god sake BUILD MORE ROADS OR GO HOME. A Gov in Africa or Kenya that cannot bridge the huge infrastructure deficit can as well go home.
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Right when you get to 60% debt to gdp - nobody is lending. That is why Chinese left the railway in a maize plantation in Narok. Kenya can only get funding from Eurobond, ADB, likes of Japan, France and etc who takes a really long view of lending.
So only option for Uhuru is to either grind development activities to the ground or look for other ways to finance...and that is selling gov assets.
He can't get the money. He has been seeking funding for a while. How much can secure from outside lenders when the country is in debt distress?
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Right when you get to 60% debt to gdp - nobody is lending. That is why Chinese left the railway in a maize plantation in Narok. Kenya can only get funding from Eurobond, ADB, likes of Japan, France and etc who takes a really long view of lending.
So only option for Uhuru is to either grind development activities to the ground or look for other ways to finance...and that is selling gov assets.
He can't get the money. He has been seeking funding for a while. How much can secure from outside lenders when the country is in debt distress?
So if he sells safaricon who would be the strategic buyer and could he float these shares in open market for small investors? What would he the implication would govt even more stressed from losing cash from such a cash cow. How much dividends does gok get from safaricon?
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The propaganda about selling kenya assets will be hard to deal with - otherwise the technical details will left to Wall street wiz kids ( CItibank/JP Morgans) - and they will arrange for their sale - Safaricom, Kengen, Kenya Pipeline, National OIl, KCB, Kenya Ports Authority...just a slice of those....can earn kenya 10B dollars...and then give out sugar industries for free..and add KCC...KMC..ALL THE DEAD WOODS..those will help clean a lot of guaranteed bad debts off Treasury/Public debt books. The same way we did for Webuye PanPaper..give them to Rais..for like 1 dollar if they are willing to take over the debt obligations.
So if he sells safaricon who would be the strategic buyer and could he float these shares in open market for small investors? What would he the implication would govt even more stressed from losing cash from such a cash cow. How much dividends does gok get from safaricon?
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The propaganda about selling kenya assets will be hard to deal with - otherwise the technical details will left to Wall street wiz kids ( CItibank/JP Morgans) - and they will arrange for their sale - Safaricom, Kengen, Kenya Pipeline, National OIl, KCB, Kenya Ports Authority...just a slice of those....can earn kenya 10B dollars...and then give out sugar industries for free..and add KCC...KMC..ALL THE DEAD WOODS..those will help clean a lot of guaranteed bad debts off Treasury/Public debt books. The same way we did for Webuye PanPaper..give them to Rais..for like 1 dollar if they are willing to take over the debt obligations.
So if he sells safaricon who would be the strategic buyer and could he float these shares in open market for small investors? What would he the implication would govt even more stressed from losing cash from such a cash cow. How much dividends does gok get from safaricon?
So Uhuru messes the economy and is gifted with our assets. How nice for him. One day, the streets will become unsafe places for all top Jubilee echelons because the masses will have finally woken up to their totally avoidable and unnecessary blunders and their costs to them. They could've stolen and still not screwed the economy but even that was too much to expect from them.
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The propaganda about selling kenya assets will be hard to deal with - otherwise the technical details will left to Wall street wiz kids ( CItibank/JP Morgans) - and they will arrange for their sale - Safaricom, Kengen, Kenya Pipeline, National OIl, KCB, Kenya Ports Authority...just a slice of those....can earn kenya 10B dollars...and then give out sugar industries for free..and add KCC...KMC..ALL THE DEAD WOODS..those will help clean a lot of guaranteed bad debts off Treasury/Public debt books. The same way we did for Webuye PanPaper..give them to Rais..for like 1 dollar if they are willing to take over the debt obligations.
So if he sells safaricon who would be the strategic buyer and could he float these shares in open market for small investors? What would he the implication would govt even more stressed from losing cash from such a cash cow. How much dividends does gok get from safaricon?
But do not you want to make this sale when valuation is high? Anyway screwball shelved that Somali guy commission report on public companies. I cannot remember the name of that politician he is a lightskin abri kadir or something Arabic. Screwball is going to just sit and hope this will blow over. How comes he travels alone for these debt hunts? Who really is the fixer at statehouse for this crackhead?
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The gluttony that came in 2013 was unprecendented in the history of Kenya. Ndii and John Githongo continously warned Kenyans that this would leed to disaster and many like Pundit here refused to face reality. So now Ruto is busy building and buying hotels, building a over 1B Ksh residency in Sugoi. The Kenyattas busy expanding their banking busisness and buying out rivals. The diary business is now almost a monopoly. The building industry is also sliding slowly into their hands and we Kenyans are busy cheering them on and even talk of Ruto taking over in 2022.
With this hindsight now one sees why Kibaki's men were against the pair running in 2013. Their protectors and financiers against the ICC came back with invoices and now we can see the open mess we have. Uhuru is a captive of his family led by the never satisfied mother and a ruthless brother. The duo will do anything to add more $ to their portfolios.
So Uhuru messes the economy and is gifted with our assets. How nice for him. One day, the streets will become unsafe places for all top Jubilee echelons because the masses will have finally woken up to their totally avoidable and unnecessary blunders and their costs to them. They could've stolen and still not screwed the economy but even that was too much to expect from them.
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The gluttony that came in 2013 was unprecendented in the history of Kenya. Ndii and John Githongo continously warned Kenyans that this would leed to disaster and many like Pundit here refused to face reality. So now Ruto is busy building and buying hotels, building a over 1B Ksh residency in Sugoi. The Kenyattas busy expanding their banking busisness and buying out rivals. The diary business is now almost a monopoly. The building industry is also sliding slowly into their hands and we Kenyans are busy cheering them on and even talk of Ruto taking over in 2022.
With this hindsight now one sees why Kibaki's men were against the pair running in 2013. Their protectors and financiers against the ICC came back with invoices and now we can see the open mess we have. Uhuru is a captive of his family led by the never satisfied mother and a ruthless brother. The duo will do anything to add more $ to their portfolios.
So Uhuru messes the economy and is gifted with our assets. How nice for him. One day, the streets will become unsafe places for all top Jubilee echelons because the masses will have finally woken up to their totally avoidable and unnecessary blunders and their costs to them. They could've stolen and still not screwed the economy but even that was too much to expect from them.
Indeed. Now mademoni/dark forces crew is understandable. The way out of this mess is the Saudi solution. We need a Maghufuli. Known thieves washikwe, no jokes, na hakuna due process. They are held until they buy their freedom with a nice check from wherever they're holding the loot. We need 4 trillion returned or we are in a mess. Wailipe. 50 million people are not going to suffer for a few hundred. At least Zim's fall was by mzungu blows; who will we blame? Time to be ruthless.
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Jubilee has not screwed kenya but overseen the largest public investment in kenya history. Jubilee have build a railway with two dry ports that will be talked about for many years. Jubilee have doubled road they found - they have added nearly 10,000kms of new roads..that is about what Jomo, Moi and Kibaki combined did in 50yrs. Jubilee have trippled Kibaki power connections. Kibaki left kenya when KPLC had like 2M customers or less....now Kenya has about 8M...access has increased from 30% to now nearly 80%...and fast approaching universal access. Jubilee has give us free secondary, private university student get money from treasury like public, TIVETS will be in nearly every const. These things cost money...
But definitely Jubilee were in 2017 more popular than in 2013.
Uhuru has to just be wary about welcome Raila and entertain crazy ideas that can lead to political stability, tribal wars and tank the economy.
Those are the only down-ward risks.
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Yes the details of when and where to sell should be left to transaction advisors. We need to start the process. The screwball cannot complete anything without help of say Ruto or Matiangi.
But do not you want to make this sale when valuation is high? Anyway screwball shelved that Somali guy commission report on public companies. I cannot remember the name of that politician he is a lightskin abri kadir or something Arabic. Screwball is going to just sit and hope this will blow over. How comes he travels alone for these debt hunts? Who really is the fixer at statehouse for this crackhead?
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You are not bankrupt or in crisis. Say like Greece. That's alot of alarmism and negativity. You got choices. In future you will thank Uhuru not want to lynch him. He has done much more good than bad.
Kenyans are more like a kid wailing for being dragged to school... Kadame how is that analogy :)
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Likes of KQ can be timed better but Safaricom or KCB I believe are at their optimum price.
Yes the details of when and where to sell should be left to transaction advisors. We need to start the process. The screwball cannot complete anything without help of say Ruto or Matiangi.
But do not you want to make this sale when valuation is high? Anyway screwball shelved that Somali guy commission report on public companies. I cannot remember the name of that politician he is a lightskin abri kadir or something Arabic. Screwball is going to just sit and hope this will blow over. How comes he travels alone for these debt hunts? Who really is the fixer at statehouse for this crackhead?
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https://www.theelephant.info/op-eds/2019/11/15/i-dont-understand-why-kenyans-are-broke-mr-kenyattas-debt-distress-revisited/
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You are not bankrupt or in crisis. Say like Greece. That's alot of alarmism and negativity. You got choices. In future you will thank Uhuru not want to lynch him. He has done much more good than bad.
Kenyans are more like a kid wailing for being dragged to school... Kadame how is that analogy :)
Fundamentals first then others next. A farmer in nyandarua needs a better road before he needs 24 hours of electricity. He needs access to local market before he focuses on export market. Any investment in Kenya that doesn't focus on agriculture as its foundation will not flourish. We need t9 stop this extractive colonial mentality. HK who is in business will tell you that how he gets is his container to Nairobi is less of his worries. H8s b8ggest worry is if he can distribute his goods and source materials in ken ya cheaply without breaking the bank ...increase productivity in agriculture and you won't have to worry about the rest
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Would you buy Kcb?
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You are not bankrupt or in crisis. Say like Greece. That's alot of alarmism and negativity. You got choices. In future you will thank Uhuru not want to lynch him. He has done much more good than bad.
Kenyans are more like a kid wailing for being dragged to school... Kadame how is that analogy :)
You are telling yourself a nice fairy story, Robina.:D Being 'positive' about a dangerous situation is described by another analogy: An ostrich burying its head hoping the encroaching cheater will disappear if the ostrich doesn't look at it. Things are thick and the chicken are coming home to roost now. Perhaps the reality is too shocking. Do you imagine cash will magically turn up from some place affordable if we just stay hopeful n positive? You need to help Kamwana; dude is trying everything and not seeing a way. Let Ndii educate you, my sister: https://www.theelephant.info/op-eds/2019/11/15/i-dont-understand-why-kenyans-are-broke-mr-kenyattas-debt-distress-revisited/
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Guys, it's like you don't want to deal with what Jubilee has done: Jubilee has destroyed our ability to invest in much needed development projects that would revitalize our economy and increase revenues for the government as a result. It has squandared trillions in projects that contribute zero or negative value to the economy plus graft. Tell yourselves thats not Greece, all you want. :D We are not that far off.
Fundamentals first then others next. A farmer in nyandarua needs a better road before he needs 24 hours of electricity. He needs access to local market before he focuses on export market. Any investment in Kenya that doesn't focus on agriculture as its foundation will not flourish. We need t9 stop this extractive colonial mentality. HK who is in business will tell you that how he gets is his container to Nairobi is less of his worries. H8s b8ggest worry is if he can distribute his goods and source materials in ken ya cheaply without breaking the bank ...increase productivity in agriculture and you won't have to worry about the rest
Jubilee has not invested in our greatest asset: our people. We are over 70% farmers. Invest in that sector intelligently and you're investing in Kenya. Kenya is not Nairobi. Instead flashy projects yielding nothing at the (HIGH) cost of future/better/necessary development is where we are at.
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Fundamentals first then others next. A farmer in nyandarua needs a better road before he needs 24 hours of electricity. He needs access to local market before he focuses on export market. Any investment in Kenya that doesn't focus on agriculture as its foundation will not flourish. We need t9 stop this extractive colonial mentality. HK who is in business will tell you that how he gets is his container to Nairobi is less of his worries. H8s b8ggest worry is if he can distribute his goods and source materials in ken ya cheaply without breaking the bank ...increase productivity in agriculture and you won't have to worry about the rest
Yes Jubilee priorities need calibration. I have been critical of the SGR and last-miles and insisted on city metro, rural murram and cheap power. You can still argue if GoK has social responsibilities besides strict economics. Should the poor get power or just focus on the productive sectors? Should you upgrade slums at zero return? Should you outlaw unions to court business? It's the classic right vs left question in the west.
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Kadame what is investing in our people? If not free education and TIVETS. And universal health - UhuruCare. The ambitious 100% primary to secondary to tertiary transition is in encouraging progress.
We buttressed this before. Coffee and cash crop boomed in the 70s because of low supply and high demand of new commodity exchanges. Even if you were the best farmers, agric cannot produce enough value. Because Israel or Netherlands are better yet agric is 1% of their stock. Value adds and services that require highly skilled manpower are a better avenue to prosperity than say heavy manufacturing. You need to specialize where you have a fighting chance. I don't criticize Safaricom for sport.
Why is the infrastructure deficit worth fixing? Because the approaching demographic dividend can be a boom if well tapped. It's a windfall easy to miss like Nigeria due to coups, civil strife, insidious corruption and instability. You cannot build infra overnight and must continue without immediate returns. I see it as a window of opportunity that will shrink with time. The manufacturing gravy train is gone. Oil and gas are DOA with the climate emergency. Commodities collapsed. Digital revolution Kenya has done OK-ish. Don't squander the demographic opportunity by being pennywise, poundfoolish.
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Kadame what is investing in our people?
I'll rephrase what I said: Jubilee is not out here making sure everyone is being productive, i.e. earning and generating revenue for the government.
Now, infrastructure: That's exactly the complaint! The right infrastructure has not been invested in! The kind that would allow profitable farming and take care of our food problems. Indeed, generating a food surplus that we would then seek foreign markets for, not to mention it'll take care of the vast majority of the population. It makes no sense to say you can ignore that in favor of 'someday in the future, these projects we can't even finish because of our mindless borrowing will yield some benefit'. You service them with suitable loans at a suitable pace. You don't get a loan shark who wants his money after 3 months in order to lay the foundation for a house that will start yielding rent in 2023. Because what will happen is the house will never get finished and you will become destitute in the meanwhile, just servicing loans you can't afford and not developing an inch forward. You'll be trapped in a rat race. That's what Jubilee has done to us. You're all about investing in infrastructure: but the problem is Jubilee has ruined out ability to do just that--so much for your demographic opportunity; so how are they in line with your desires?
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In short Kadame and Socrates you cannot have the cake. Economic development has evolved since Adam Smith. Ndii has in fact urged to wean off the sugarcane and maize addiction. The GoK wonks or mandarins can only lay the big picture. Even BBI or political reforms can only do so much. Accountability is not all about sleaze; it is debating the best strategy, policy or investment. But the tire must meet the road after the roads, rail, last-miles or subways. Businesses, enterprising Kenyans and investors must ultimately hit the road hard. The private sector is almost always behind the rise of the Tigers and such success stories.
Demographic dividend is all about MANPOWER. Short of civil war the population trend bumbleheads are calling cooked is a strong signal. Other than UhuruCare, education and TIVET - I see few better strategies to tap it than infrastructure.
You can always share what artfuls you have in mind? Reform the decision making; restructure the debt; nip instability in the bud; recalibrate. DO SOMETHING. Intransigence or plain cynicism is not a solution. That's Ndiism. :)
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In short Kadame and Socrates you cannot have the cake. Economic development has evolved since Adam Smith. Ndii has in fact urged to wean off the sugarcane and maize addiction. The GoK wonks or mandarins can only lay the big picture. Even BBI or political reforms can only do so much. Accountability is not all about sleaze; it is debating the best strategy, policy or investment. But the tire must meet the road after the roads, rail, last-miles or subways. Businesses, enterprising Kenyans and investors must ultimately hit the road hard. The private sector is almost always behind the rise of the Tigers and such success stories.
Demographic dividend is all about MANPOWER. Short of civil war the population trend bumbleheads are calling cooked is a strong signal. Other than UhuruCare, education and TIVET - I see few better strategies to tap it than infrastructure.
You can always share what artfuls you have in mind? Reform the decision making; restructure the debt; nip instability in the bud; DO SOMETHING. Intransigence is not a solution.
Lol. Now you sound like those terrified Kenyans who are busy asking Ndii, "So what can we do now?" Well, it's kind of late: even change in leadership won't resolve this quagmire. Raila won't resolve it, Ndii won't resolve it, certainly not Ruto or Kamwana, unless they adopt the Saudi solution. No one has a magic solution. Besides, I gave mine and you called it negative and alarmist :D: Ruthlessness; MAKE looters pay, the law not withstanding. We can get back to rule of law when we are past the downward spiral. :D
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Lol. Now you sound like those terrified Kenyans who are busy asking Ndii, "So what can we do now?" Well, it's kind of late: even change in leadership won't resolve this quagmire. Raila won't resolve it, Ndii won't resolve it, certainly not Ruto or Kamwana, unless they adopt the Saudi solution. No one has a magic solution. Besides, I gave mine and you called it negative and alarmist :D: Ruthlessness; MAKE looters pay, the law not withstanding. We can get back to rule of law when we are past the downward spiral. :D
Yes I call it Ndiism. I am sure you mean reforms not revolution. That is the fairytale that rarely works.
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Yes I call it Ndiism. I am sure you mean reforms not revolution. That is the fairytale that rarely works.
Revolution, lmao. Read what I write: no need to invent stuff. Anyone can be the ruthless Saudi Prince we need, even Ruto and dear old Kamwana. Getting frustrated with me won't change the facts, btw.
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Kadame if you were keen you would see Raila has not abandoned the reform path. Not even the strategy to Canaan. He has merely changed tact - with a small sacrifice - to achieve accountability, inclusion, stability and a better future. BBI and Handshake is smarter than NRM and maandamano.
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Yes I call it Ndiism. I am sure you mean reforms not revolution. That is the fairytale that rarely works.
Revolution, lmao. Read what I write: no need to invent stuff. Anyone can be the ruthless Saudi Prince we need, even Ruto and dear old Kamwana. Getting frustrated with me won't change the facts, btw.
I am not frustrated with you. MBS is hardly a role-model. I would settle for Kagame or Zenawi. Pundit cloaks Ruto as such a benevolent dictator. I wonder why you oppose him in vehemence.
Anyway a benevolent dictator is pure hope - just rolling the dice. You could easily land an Idi Amin.
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Kadame for argument sake: what do you think is the cause of Kenya's present situation? Incompetence, ill-will or circumstance?
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Kadame if you were keen you would see Raila has not abandoned the reform path. Not even the strategy to Canaan. He has merely changed tact - with a small sacrifice - to achieve accountability, inclusion, stability and a better future. BBI and Handshake is smarter than NRM and maandamano.
My opinions on this have nothing to do with Raila, handshake, or BBI. I am pro-BBI. I am just aware it will resolve a different issue than this one Jubilee created with the economy.
I am also not interested in a benevolent dictator: I am just aware the only options we have are to return some of the loot, at least 1 trillion or 2. We can't do that legally because even though we know who has it, they are very 'clean', wamejisafisha. So we are btw a rock and a hard place and I'm willing, for the sake of our 48 million to have a temporary mfinyo for economic rather than political 'dissidents'. Anyway, I'm not president, of course: if I were, that is exactly what I would do; I'd force the thugs to cough up some of that loot in exchange for their freedom. Then we can invest it in areas that can give us repreave while we find our way to 'comfortable' payments. Anyway, I'm sure if the govt really wanted, they would/could find very creative ways to 'finya' that are not blatantly illegal. Mine is an expression of frustration with the recklessness than anything.
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My opinions on this have nothing to do with Raila, handshake, or BBI. I am pro-BBI. I am just aware it will resolve a different issue than this one Jubilee created with the economy.
I am also not interested in a benevolent dictator: I am just aware the only options we have are to return some of the loot, at least 1 trillion or 2. We can't do that legally because even though we know who has it, they are very 'clean', wamejisafisha. So we are btw a rock and a hard place and I'm willing, for the sake of our 48 million to have a temporary mfinyo for economic rather than political 'dissidents'. Anyway, I'm not president, of course: if I were, that is exactly what I would do; I'd force the thugs to cough up some of that loot in exchange for their freedom. Then we can invest it in areas that can give us repreave while we find our way to 'comfortable' payments. Anyway, I'm sure if the govt really wanted, they would/could find very creative ways to 'finya' that are not blatantly illegal. Mine is an expression of frustration with the recklessness than anything.
Pro-BBI shows your cynicism is mostly economic. Yet the economy and politics are directly related. The recklessness and theft are driven by lack of openness and accountability. BBI is supposed to address these and the bigger socioeconomic factors of inequity, exclusion and instability. The chronic electoral disruption.
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Yes kagame or Meles we need is the one to reform public service.Once public sector start delivering like Chinese contractors we will fix a lot.A gov full of Ruto,Muchuki,Matiangi,Magoha,Nyachae, I mean such kind of strong personalities would deliver.As long as they don't stray into Magufulism. Private sector and individuals should do their part without blaming the gov for everything
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Yes kagame or Meles we need is the one to reform public service.Once public sector start delivering like Chinese contractors we will fix a lot.A gov full of Ruto,Muchuki,Matiangi,Magoha,Nyachae, I mean such kind of strong personalities would deliver.As long as they don't stray into Magufulism. Private sector and individuals should do their part without blaming the gov for everyone.
This is the heart of the matter.
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Can you guys point out what private sector isn't doing right? I pointed out something Jubilee could've done very easily and cheaply, and you guys' answer is that the private sector should do their part: but what part? I don't know why you can't bring yourselves to admit the blundering. The people are not blaming the govt for something they should be and are not doing for themselves. They are not supposed to magic roads and cheap forms of transport and sources of credit/capital if the govt has not set up the conditions for these to be available in the first place :D Kenyans are a very hardworking and resourceful people. If only they had a govt to match them.
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In short Kadame and Socrates you cannot have the cake. Economic development has evolved since Adam Smith. Ndii has in fact urged to wean off the sugarcane and maize addiction. The GoK wonks or mandarins can only lay the big picture. Even BBI or political reforms can only do so much. Accountability is not all about sleaze; it is debating the best strategy, policy or investment. But the tire must meet the road after the roads, rail, last-miles or subways. Businesses, enterprising Kenyans and investors must ultimately hit the road hard. The private sector is almost always behind the rise of the Tigers and such success stories.
Demographic dividend is all about MANPOWER. Short of civil war the population trend bumbleheads are calling cooked is a strong signal. Other than UhuruCare, education and TIVET - I see few better strategies to tap it than infrastructure.
You can always share what artfuls you have in mind? Reform the decision making; restructure the debt; nip instability in the bud; recalibrate. DO SOMETHING. Intransigence or plain cynicism is not a solution. That's Ndiism. :)
You are a techie that likes shiny things like Apple. Kenya has to grow the actual apples before it can build a phone. You can't climb development tree from top. Maslow hierarchy of needs first
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You know for sure our work ethic compared to say the west is nothing to write home about. You know most of our people wake up to drink alcohol and if not bet. In that regard, Jubilee has done very well to try to discourage some of those vices. Waitutu has done well in Kiambu.
You know gov has build roads, rails, and etc - and now it's upon kenyans to cultivate more crops & use those roads for business.
There is no denying that many Kenyans are out there looking at politicians and politicking thinking they are the source and solution to their miseries while Indians who don't care about politics are making the dough.
We watch news like it's a life and death issues.
Kenyans need to start working and stop politicking. Those still giving birth to 10 kids need to also stop. Those out there making wrong life choices every day are the ones that bring the country down.
Can you guys point out what private sector isn't doing right? I pointed out something Jubilee could've done very easily and cheaply, and you guys' answer is that the private sector should do their part: but what part? I don't know why you can't bring yourselves to admit the blundering. The people are not blaming the govt for something they should be and are not doing for themselves. They are not supposed to magic roads and cheap forms of transport and sources of credit/capital if the govt has not set up the conditions for these to be available in the first place :D Kenyans are a very hardworking and resourceful people. If only they had a govt to match them.
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You know for sure our work ethic compared to say the west is nothing to write home about. You know most of our people wake up to drink alcohol and if not bet. In that regard, Jubilee has done very well to try to discourage some of those vices. Waitutu has done well in Kiambu.
You know gov has build roads, rails, and etc - and now it's upon kenyans to cultivate more crops & use those roads for business.
There is no denying that many Kenyans are out there looking at politicians and politicking thinking they are the source and solution to their miseries while Indians who don't care about politics are making the dough.
We watch news like it's a life and death issues.
Kenyans need to start working and stop politicking. Those still giving birth to 10 kids need to also stop. Those out there making wrong life choices every day are the ones that bring the country down.
Can you guys point out what private sector isn't doing right? I pointed out something Jubilee could've done very easily and cheaply, and you guys' answer is that the private sector should do their part: but what part? I don't know why you can't bring yourselves to admit the blundering. The people are not blaming the govt for something they should be and are not doing for themselves. They are not supposed to magic roads and cheap forms of transport and sources of credit/capital if the govt has not set up the conditions for these to be available in the first place :D Kenyans are a very hardworking and resourceful people. If only they had a govt to match them.
I don't believe it's work ethic. The African's willingness to work is very evident in the way he busts his ass every day toiling. In my experience bazungu do burn quite a bit of time at work gossiping and otherwise doing non-work related shit. Federal employees are barely better than what you have in Kenya - generally an unmotivated bunch. I think it does not work for Africans since their efforts come to nought because of a different economic arrangement - I can't quite put a finger on it but it seems like something an economic guru can name.
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You have a point. How do Chinese tough manage to do this.
I don't believe it's work ethic. The African's willingness to work is very evident in the way he busts his ass every day toiling. In my experience bazungu do burn quite a bit of time at work gossiping and otherwise doing non-work related shit. Federal employees are barely better than what you have in Kenya - generally an unmotivated bunch. I think it does not work for Africans since their efforts come to nought because of a different economic arrangement - I can't quite put a finger on it but it seems like something an economic guru can name.
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You have a point. How do Chinese tough manage to do this.
I don't believe it's work ethic. The African's willingness to work is very evident in the way he busts his ass every day toiling. In my experience bazungu do burn quite a bit of time at work gossiping and otherwise doing non-work related shit. Federal employees are barely better than what you have in Kenya - generally an unmotivated bunch. I think it does not work for Africans since their efforts come to nought because of a different economic arrangement - I can't quite put a finger on it but it seems like something an economic guru can name.
I am not sure. I suspect just how they are organized economically. Kind of like an ant colony. Everybody knows their job. But there is a whole to it, that goes above the individual.
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Don't be so lenient - GoK performs better than the average Kenyan by a mile. Not just individuals - my take on likes of Safaricom and KCB - and Cellulant who are basking in the glory of netting a meagre 50m usd in VC. They have no intent to go global otherwise why be so wowed by such peanuts? You need a B usd to scale Africa. I'm reliably told Safaricom's Little Cab is a joke. A buddy was stuck in a stuffy cab, sealed windows, driver was shaky like a recovering alcoholic. 3ice same experience - she moved on to Uber. Plus their dead as dodo Masoko. Now they just hired Tusker salesman as the new visionary... after scouting around for years. :o
KQ... you know what I think of their "nationalization" and recovery plans.
KCB has a VC fund.. the Lion's Den something. I thought I could check it out before I discovered the seed amount is 10K usd :-\ :( :o
MSME pushed for rate caps - then demanded their lifting 2 yrs later. Now they are crying about it again.
All the Ubers, Jumias and Amazons running circles around Kenyan business are foreign. Seems the FDI is better than locals at utilizing the ease-of-business index. Even the SEZ are barely really utilized.
GoK trying out Galana experiment - where are the large scale farmers and agritech entrepreneurs? I heard something about Equity yet to materialize. Oops - SunCulture, One Acre Fund, Komaza - all foreign. Likes of BRCK creating real tech are from RSA.
I could go on.. the Kenyan is not all that and punches way below his weight. We argued sometimes what is the biggest cause of poverty. Most people think Jomo and Moi or Kibaki stole all their money. But the self- effort and exertion and hard work and determination are the biggest differentiator I see between the west and Kenya.
You know for sure our work ethic compared to say the west is nothing to write home about. You know most of our people wake up to drink alcohol and if not bet. In that regard, Jubilee has done very well to try to discourage some of those vices. Waitutu has done well in Kiambu.
You know gov has build roads, rails, and etc - and now it's upon kenyans to cultivate more crops & use those roads for business.
There is no denying that many Kenyans are out there looking at politicians and politicking thinking they are the source and solution to their miseries while Indians who don't care about politics are making the dough.
We watch news like it's a life and death issues.
Kenyans need to start working and stop politicking. Those still giving birth to 10 kids need to also stop. Those out there making wrong life choices every day are the ones that bring the country down.
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You are a techie that likes shiny things like Apple. Kenya has to grow the actual apples before it can build a phone. You can't climb development tree from top. Maslow hierarchy of needs first
Nope. Opportunity is a constant but very dynamic. In the 70s agric could lift a society due to low competition. Then commodities - oil, steel, minerals. Then manufacturing. Now we are onto services. The field is more level than in the past - with global market, platforms, talent, capital, etc.
Having missed out on past opportunities - it's pointless to bet on low value agric as a growth driver. Do it but don't solely bet on it. I advocate rural murram and largescale farming - which needs alot of business and commercial setups. Peasantry cannot even support the nuclear family anymore.
Manufacturing as the definite leapfrog is gone. Cause automation. No more mass employment.
The best success factor in the offing is the demographic dividend. Which needs an environment - of tertiary skills and such - capital is global. Infra is not - you must build it - it can't be imported. It's also mostly a public affair cause there is no private infra. So you see it's preferable for GoK to build than worry so much about the credit market. What you need is to refactor the debt. Recalibrate the infra strategy. SGR is sub-optimal timing because am for city subway as first priority. But intercity rail will become handy in a relatively short time. SGR is merely sub-optimal in timing - not plain wrong.
I disagree with last-miles because, although manufacturing is not the ideal focus now - development invariably means urbanization. Unlike SGR this is more potentially a waste. Housing will take care of itself. As for universal health GoK should definitely nick it.
Show us an opportunity better than demographic dividend - a real potential windfall - and a better way to milk it - than what Kibaki and Uhuru have done.
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Having missed out on past opportunities - it's pointless to bet on low value agric as a growth driver.
A strawman. :D No one is saying do agric and sit on your behind. A fake dichotomy. What we are saying is you don't get to ignore BASICS like food and 70% of the population while chasing fancy toys and call that common sense. Especially when it costs barely 400 billion to sort the issue. The Govt shouldn't do this because? . . . No reason. They just shouldn't because its not hi-tech enough for your dreams, :D. The way you're looking at the food/agric problem is not informed by actual, identified (by experts!) problems we have in that sector and their very easy solutions: seasonal farming (storage facilities: now affordable food is available all year round), transport costs (rail and an extensive countrywide road network all connected: now accessible markets are all over the country and the food is cheap). Any surplass that may be generated to be sold elsewhere is just extra. Planning for a skyscrapper without budgeting for food is the economics of an alcoholic parent. Take care of food and the economic activity already depended on by virtually your entire population, then at least that is not sthing you have to worry about as you plan for that fantastic future 'opportunity'. Your points seem to assume we have to choose btw fixing agric/food and everything else. Makes no sense.
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I raised intelligence once and bitmask called for my lynching.
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Kadame: I have heard that tale about granaries. Whenever people starve - it is because they have no money to buy food. The food itself exists otherwise Nairobians or Gusii would also starve. Food security is like housing - unless you can sustainably offer free food stamps - only growth can fix it.
So what happened to the cash handouts program? You think creating granaries in Kitale will stop starving in Turkana? Only ending the poverty in Turkana can fix that.
So the flashy futuristic hi-techs - will create the wealth you need to feed Turkana. Grow the pie and give Nanok 100B to do the work. Granaries... smh.
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Kadame: I have heard that tale about granaries. Whenever people starve - it is because they have no money to buy food. The food itself exists otherwise Nairobians or Gusii would also starve. Food security is like housing - unless you can sustainably offer free food stamps - only growth can fix it.
So what happened to the cash handouts program? You think creating granaries in Kitale will stop starving in Turkana? Only ending the poverty in Turkana can fix that.
So, pointing out mo problems with the govt you're defending is helping your point how? :) Besides, cherry-picking just one thing out of the entire solution that has not been implemented makes no sense either. You must fix the transport too. Do you have an actual reason why doing that is a bad idea? Or is it that someone didn't hand out cash, therefore Jubilee is exempted from criticism for not implementing an easy, cheap solution? Btw, that you've heard of it is not a point: show us what is wrong with it. And the food problem isn't just starving Turkanas, its costs of food for everyone and other things besides.
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So the flashy futuristic hi-techs - will create the wealth you need to feed Turkana. Grow the pie and give Nanok 100B to do the work. Granaries... smh.
As you shake your head, spare some time to explain how fixing the transport and building modern storage facilities (btw, its not just granaries), prevents your flashy futuristic stuff. :) Which world is this you live in where no one chews and walks? Again, 400 billion, just in case you forget and come back with another version of "grow the economy" as the answer for why an agricultural country shouldn't fix its agriculture.
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As you shake your head, spare some time to explain how fixing the transport and building modern storage facilities (btw, its not just granaries), prevents your flashy futuristic stuff. :) Which world is this you live in where no one chews and walks? Again, 400 billion, just in case you forget and come back with another version of "grow the economy" as the answer for why an agricultural country shouldn't fix its agriculture.
So there are no roads in Turkana or Mandera. Storage facility problems don't cause starving in Turkana or anywhere. Poverty does. There is no day people die because Kenya has run out of food. I doubt those massive GoK food silos ever fill.
In the arable areas, the biggest cause of poverty is the subdivision of land by rapid population growth. Only largescale farming is sustainable. You have seen people in Mau claiming they have nowhere to go. Storage and transport are the least cause of agric failure.
GoK should definitely facilitate the flashy futuristic stuff - they are a bigger priority than storage facilities. They can end poverty. Galana for instance - if you crack GMO at scale it's a home run. People have been starving to death seasonally in Kenya - as silofuls of maize sit in Kitale.
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As you shake your head, spare some time to explain how fixing the transport and building modern storage facilities (btw, its not just granaries), prevents your flashy futuristic stuff. :) Which world is this you live in where no one chews and walks? Again, 400 billion, just in case you forget and come back with another version of "grow the economy" as the answer for why an agricultural country shouldn't fix its agriculture.
So there are no roads in Turkana or Mandera.
:) What a shocker! The girl claiming she's all about investing in infrastructure thinks we have a functional intra-country transport network :D No, dear. Sorry to burst that bubble. We do not have nearly an adequate transport system that connects farmers to the whole country at a cheap cost. Again, it seems you cannot answer why the govt building this network and connecting it to the old rail (modernized) is a bad thing. And our farming is small scale, yes! The idea that only large scale farmers can do profitable farming is just more of that flashy-thinking: There's no reason small scale farmers cannot produce at a profit if they're uninhindered by problems like transport, especially supported by a responsible government that educates them on diversity in their farming. The flashy staff has destroyed our capacity to invest in anything now, and you're here busy telling us we should do it without taking care of basics. Marie Antoinette economics.
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Those Kamaminomics are just Ndiism. All those agric sectors that have gone bust - sugarcane, coffee,maize - are not caused by lack of intra-country roads. Subsistence farmers can hardly make ends meet due to the dwindling arable land. So most abandon that loss business and move to town to run kiosks. Agric cannot grow the economy - just like manufacturing - because there will be no more coffee booms. The flashy hitec stuff - the present you call futuristic - is the current opportunity.
But it's okay to worry about basics - like that's new - if your small mind cannot think beyond that. You can argue the reverse - how do my big ideas stop you from thinking basics? Your small mind keeps you there - not me. No, there is no economic crisis that will stop GoK from dealing with "basics". Cause you are plain wrong on that as the hinderance to growth.
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Kadame: I have heard that tale about granaries. Whenever people starve - it is because they have no money to buy food. The food itself exists otherwise Nairobians or Gusii would also starve. Food security is like housing - unless you can sustainably offer free food stamps - only growth can fix it.
So what happened to the cash handouts program? You think creating granaries in Kitale will stop starving in Turkana? Only ending the poverty in Turkana can fix that.
So the flashy futuristic hi-techs - will create the wealth you need to feed Turkana. Grow the pie and give Nanok 100B to do the work. Granaries... smh.
Exactly
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I raised intelligence once and bitmask called for my lynching.
:lol:. I once thought that way too. But there are equally "stupid" people in the West. I think African talent and labor is either underutilized or wrongly deployed.
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As you shake your head, spare some time to explain how fixing the transport and building modern storage facilities (btw, its not just granaries), prevents your flashy futuristic stuff. :) Which world is this you live in where no one chews and walks? Again, 400 billion, just in case you forget and come back with another version of "grow the economy" as the answer for why an agricultural country shouldn't fix its agriculture.
So there are no roads in Turkana or Mandera.
:) What a shocker! The girl claiming she's all about investing in infrastructure thinks we have a functional intra-country transport network :D No, dear. Sorry to burst that bubble. We do not have nearly an adequate transport system that connects farmers to the whole country at a cheap cost. Again, it seems you cannot answer why the govt building this network and connecting it to the old rail (modernized) is a bad thing. And our farming is small scale, yes! The idea that only large scale farmers can do profitable farming is just more of that flashy-thinking: There's no reason small scale farmers cannot produce at a profit if they're uninhindered by problems like transport, especially supported by a responsible government that educates them on diversity in their farming. The flashy staff has destroyed our capacity to invest in anything now, and you're here busy telling us we should do it without taking care of basics. Marie Antoinette economics.
A tie.I agree small holder farming is profitable.
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I raised intelligence once and bitmask called for my lynching.
:lol:. I once thought that way too. But there are equally "stupid" people in the West. I think African talent and labor is either underutilized or wrongly deployed.
Agreed.
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Those Kamaminomics are just Ndiism. All those agric sectors that have gone bust - sugarcane, coffee,maize - are not caused by lack of intra-country roads. Subsistence farmers can hardly make ends meet due to the dwindling arable land. So most abandon that loss business and move to town to run kiosks. Agric cannot grow the economy - just like manufacturing - because there will be no more coffee booms. The flashy hitec stuff - the present you call futuristic - is the current opportunity.
But it's okay to worry about basics - like that's new - if your small mind cannot think beyond that. You can argue the reverse - how do my big ideas stop you from thinking basics? Your small mind keeps you there - not me. No, there is no economic crisis that will stop GoK from dealing with "basics". Cause you are plain wrong on that as the hinderance to growth.
You talking to people about the size of minds is comedy. 8) Ndii is being proven right every day as we watch while you try to sell us pie-in-the-sky ideas that are grinding into a ditch mchana. Ajabu.
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Gov job is easy.Its defined in the constitution.Gov Only fails when it tries to do what it's not supposed to do like fighting poverty or deciding btw which ideas is the best.Counties have 17 well defined functions and national gov has 43.If public sector understood their job they will not get into Ndii or Bitange kind of debate where economists tries to make it look like gov job is to grow the economy by doing XYZ.Gov job is mundane.Collect tax, build or fix roads.Counties job is to collect rates and clear garbage.Once both level of govs have delivered on their mandate...provided security, roads, electricity, water, sewage & garbage collections, education, health and law & order to satisfactory level..the private sector will fix the rest.Gov officials do not need be genius on matters economic or tech or agriculture..the dumber the better because their job is brain dead by design...they just need to deliver safe environment with basic amenities every day...hiyo zingine will sort itself.Gov should never get into arguments whether railway is better than spending in agriculture to lift people from poverty.That is not gov job.Giv job is to provide roads,rails, police and the bare bones...I will only berate the gov for failing to provide me paved road or collect garbage..and do not expect them to provide me a job or a livelihood or grow the economy.That is my role..to provide for myself and my family.The debate should be why do we have murram roads in Kenya? Why do we have only 15% of our roads paved...not people don't have money or are starving
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I raised intelligence once and bitmask called for my lynching.
:lol:. I once thought that way too. But there are equally "stupid" people in the West. I think African talent and labor is either underutilized or wrongly deployed.
We have been in the baby booming phase. Before that we were illiterate or enslaved. Now with a stable headcount and literacy - it's about take-off. I call this demographic dividend - I heard you were looking for a suitable term?
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You talking to people about the size of minds is comedy. 8) Ndii is being proven right every day as we watch while you try to sell us pie-in-the-sky ideas that are grinding into a ditch mchana. Ajabu.
Kadame and your pea brain. Ndii runs which company again? Dude could not debate Ndemo for a week before resorting to insults. If am not wrong I heard you were studying advanced theology in Europe. Could be the problem. Religion is the forfeiture of logic.
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You talking to people about the size of minds is comedy. 8) Ndii is being proven right every day as we watch while you try to sell us pie-in-the-sky ideas that are grinding into a ditch mchana. Ajabu.
Kadame and your pea brain. Ndii runs which company again? Dude could not debate Ndemo for a week before resorting to insults. If am not wrong I heard you were studying advanced theology in Europe. Could be the problem. Religion is the forfeiture of logic.
At least I have one (a brain) ;) A tip: Say nothing abt insults while busy issuing them yourself or you just look even dumber. A second tip? Countries are not companies. Smh. Maybe you should acquire religion. Its better than nothing.
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At least I have one (a brain) ;) A tip: Say nothing abt insults while busy issuing them yourself or you just look even dumber. A second tip? Countries are not companies. Smh. Maybe you should acquire religion. Its better than nothing.
I guess you are just a bimbo. What useful idea have you ever tabled here. Maybe on some thread about religion. It's not an insult if it's true.
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I raised intelligence once and bitmask called for my lynching.
:lol: . I once thought that way too. But there are equally "stupid" people in the West. I think African talent and labor is either underutilized or wrongly deployed.
We have been in the baby booming phase. Before that we were illiterate or enslaved. Now with a stable headcount and literacy - it's about take-off. I call this demographic dividend - I heard you were looking for a suitable term?
Demographic dividend does refer to economic structure. But in a different way from what I am describing. I am more concerned with why a plumber in the US does better than say the same in Nairobi. Even if the guy in Nairobi demonstrably moves more shit.
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Demographic divided only happens if there are jobs for the extra labour.its not happening in Africa like it didn't happen in latin America.
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Demographic divided only happens if there are jobs for the extra labour.its not happening in Africa like it didn't happen in latin America.
That too. There is some benefit, but not enough to account for the lack of jobs. Almost a similar issue with having a lot of highly educated, informed and smart but unemployed people.
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Demographic divided only happens if there are jobs for the extra labour.its not happening in Africa like it didn't happen in latin America.
That too. There is some benefit, but not enough to account for the lack of jobs. Almost a similar issue with having a lot of highly educated, informed and smart but unemployed people.
The only benefit is unstable govs and all the ills of youth bulge without jobs. South Asia pulled it out through..
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At least I have one (a brain) ;) A tip: Say nothing abt insults while busy issuing them yourself or you just look even dumber. A second tip? Countries are not companies. Smh. Maybe you should acquire religion. Its better than nothing.
I guess you are just a bimbo. What useful idea have you ever tabled here. Maybe on some thread about religion. It's not an insult if it's true.
Name your own fantastic ideas first, princess. :D Is it your, "We dont need roads, they exist in Turkana already" genius? There's a reason it's so easy 4 pple here to dismiss you to return to your gadgets all the time.
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I raised intelligence once and bitmask called for my lynching.
:lol: . I once thought that way too. But there are equally "stupid" people in the West. I think African talent and labor is either underutilized or wrongly deployed.
We have been in the baby booming phase. Before that we were illiterate or enslaved. Now with a stable headcount and literacy - it's about take-off. I call this demographic dividend - I heard you were looking for a suitable term?
Demographic dividend does refer to economic structure. But in a different way from what I am describing. I am more concerned with why a plumber in the US does better than say the same in Nairobi. Even if the guy in Nairobi demonstrably moves more shit.
The American has a better environment. Richer market, fewer mouths to feed, few extortionists, etc. Psychologically the environment does rub off too. In Silicon Valley there is alot of young men motivated to take high risk by the visible success around them.
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http://www.nipate.org/index.php?topic=7683.0
I disagree with ur assessment of Robina. She's actually super smart! She's just also the super practical type. To her a fuss over a picture on a currency is kinda silly, especially given we have old presidents on many currencies and the argument she's making *IS* indeed being made by the GOK lawyers. Our Robina is interested in bread n butter issues. These ones seem like emotional or trivial things. I disagree of course, but it's not the stance of a silly person.
Oops. :) :) If I cared at all I would search for the thread on Rich Dawkins or Catholic history where your "brilliance" really shone through.
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http://www.nipate.org/index.php?topic=7683.0
I disagree with ur assessment of Robina. She's actually super smart! She's just also the super practical type. To her a fuss over a picture on a currency is kinda silly, especially given we have old presidents on many currencies and the argument she's making *IS* indeed being made by the GOK lawyers. Our Robina is interested in bread n butter issues. These ones seem like emotional or trivial things. I disagree of course, but it's not the stance of a silly person.
Oops. :) :) If I cared at all I would search for the thread on Rich Dawkins or Catholic history where your "brilliance" really shone through.
I was cushioning you from Pundits one-two punches, like a good sister. You needed it, dear. :D Glad though, that my praises matter so much you have them at your fingertips, tho.
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Demographic dividend does refer to economic structure. But in a different way from what I am describing. I am more concerned with why a plumber in the US does better than say the same in Nairobi. Even if the guy in Nairobi demonstrably moves more shit.
The American has a better environment. Richer market, fewer mouths to feed, few extortionists, etc. Psychologically the environment does rub off too. In Silicon Valley there is alot of young men motivated to take high risk by the visible success around them.
So it seems like it has more to do with the environment than intelligence.
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Robina, Dear Mami,
I am sure there are reasons why you are in this little tiff. But it's not a good look on folks when you get personal over stuff that is not taking away your lunch. You are both interesting and intelligent contributors that I enjoy reading from.
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http://www.nipate.org/index.php?topic=7683.0
I disagree with ur assessment of Robina. She's actually super smart! She's just also the super practical type. To her a fuss over a picture on a currency is kinda silly, especially given we have old presidents on many currencies and the argument she's making *IS* indeed being made by the GOK lawyers. Our Robina is interested in bread n butter issues. These ones seem like emotional or trivial things. I disagree of course, but it's not the stance of a silly person.
Oops. :) :) If I cared at all I would search for the thread on Rich Dawkins or Catholic history where your "brilliance" really shone through.
I was cushioning you from Pundits one-two punches, like a good sister. You needed it, dear. :D Glad though, that my praises matter so much you have them at your fingertips, tho.
Right. And today you are a bad sister. If you meant nothing then I see no difference today.
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Demographic dividend does refer to economic structure. But in a different way from what I am describing. I am more concerned with why a plumber in the US does better than say the same in Nairobi. Even if the guy in Nairobi demonstrably moves more shit.
The American has a better environment. Richer market, fewer mouths to feed, few extortionists, etc. Psychologically the environment does rub off too. In Silicon Valley there is alot of young men motivated to take high risk by the visible success around them.
So it seems like it has more to do with the environment than intelligence.
They are not mutually exclusive. I think Pundit is right on work ethic. But I agree the environment carries more weight.
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Right. And today you are a bad sister. If you meant nothing I see no difference today.
I'm always a good sister, especially today; look at how fast you dove into cheap shots (my religion, lol, pathetic), I just changed tactics: some days you give candy, some a well-earned slap. 8)
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Right. And today you are a bad sister. If you meant nothing I see no difference today.
I'm always a good sister, especially today; look at how fast you dove into cheap shots (my religion, lol, pathetic), I just changed tactics: some days you give candy, some a well-earned slap. 8)
Well you seem to be quite snide over my "gadgets" and whatnot for a good sister. They do mint dough. About the personal am being kind - someone else thinks you are just a Nyaboke from Keroka. Nothing wrong with that.
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Robina, Dear Mami,
I am sure there are reasons why you are in this little tiff. But it's not a good look on folks when you get personal over stuff that is not taking away your lunch. You are both interesting and intelligent contributors that I enjoy reading from.
Huyu mama amenizoea. :) Sorry you are a witness.
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Right. And today you are a bad sister. If you meant nothing I see no difference today.
I'm always a good sister, especially today; look at how fast you dove into cheap shots (my religion, lol, pathetic), I just changed tactics: some days you give candy, some a well-earned slap. 8)
Well you seem to be quite snide over my "gadgets" and whatnot for a good sister. They do mint dough. About the personal am being kind - someone else thinks you are just a Nyaboke from Keroka. Nothing wrong with that.
Ati kind :) You've pulled all stoppers like a screaming market woman. Pulled that praise quote thinking it'd be check-mate, lmao. :D You are also some girl from a tribe in Kenya; what a dumb move for an African to pull, lol. Your silliness knows no bounds. And if I'm a mama, what are you? :D Again...the boundlessness of silliness.
I have no beef with your gadgets: more inability to read. I simply reminded you how easy some find it to dismiss you to them. Play with your gizmos all you want. And I'm not impressed with, "I make money" crap. Srsly, know your audience, fellow mama.
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Right. And today you are a bad sister. If you meant nothing I see no difference today.
I'm always a good sister, especially today; look at how fast you dove into cheap shots (my religion, lol, pathetic), I just changed tactics: some days you give candy, some a well-earned slap. 8)
Well you seem to be quite snide over my "gadgets" and whatnot for a good sister. They do mint dough. About the personal am being kind - someone else thinks you are just a Nyaboke from Keroka. Nothing wrong with that.
Ati kind :) You've pulled all stoppers like a screaming market woman. Pulled that praise quote thinking it'd be check-mate, lmao. :D You are also some girl from a tribe in Kenya; what a dumb move for an African to pull, lol. Your silliness knows no bounds. And if I'm a mama, what are you? :D Again...the boundlessness of silliness.
I have no beef with your gadgets: more inability to read. I simply reminded you how easy some find it to dismiss you to them. Play with your gizmos all you want. And I'm not impressed with, "I make money" crap. Srsly, know your audience, fellow mama.
Hey "sister" - I meant it as a compliment. Cause you got nothing on the average Nyaboke. Don't try to evaluate my ideas - they are above your pay grade. I am glad you have Jesus or is it the Virgin. Imagine your vile self without the faith to keep you in check.
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Don't try to evaluate my ideas - they are above your pay grade.
Girl, I suspected u were funny, but this is straight-up comedic genius. :) There are things I genuinely admire in you: ideas are not among them.
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Don't try to evaluate my ideas - they are above your pay grade.
Girl, I suspected u were funny, but this is straight-up comedic genius. :) There are things I genuinely admire in you: ideas are not among them.
That's what I mean by above your paygrade. Anyway catch you later Nyaboke. You're almost admirable.
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Don't try to evaluate my ideas - they are above your pay grade.
Girl, I suspected u were funny, but this is straight-up comedic genius. :) There are things I genuinely admire in you: ideas are not among them.
That's what I mean by above your paygrade. Anyway catch you later Nyaboke. You're almost admirable.
Almost? :D Aww shucks, you not going soft on me, are you? Later mama Robina.:wave:
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I see this took a turn.
Anyway back on task.
Robina
Where did you grow up? Urban Kenya or rural Kenya?
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Even a 15 year old knows that you need to solve fundamental society problems to make society work
<blockquote class="twitter-tweet"><p lang="en" dir="ltr">What were you doing at 15? Berhane Wheeler from Namibia is here at <a href="https://twitter.com/hashtag/Slush19?src=hash&ref_src=twsrc%5Etfw">#Slush19</a> in Finland pitching his startup like a boss! <a href="https://t.co/FatX4wmHZd">pic.twitter.com/FatX4wmHZd</a></p>— Larry Madowo (@LarryMadowo) <a href="?ref_src=twsrc%5Etfw">November 22, 2019</a></blockquote> <script async src="https://platform.twitter.com/widgets.js" charset="utf-8"></script>
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Did I miss the train; .org was to avoid personal insults at .com.
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I see this took a turn.
Anyway back on task.
Robina
Where did you grow up? Urban Kenya or rural Kenya?
Mostly Karen and Kiuna until high school. How does that matter? We don't need to be shackled by circumstance. Even if I was pursuing advanced Bible Studies at the Vatican I would not be embarrassed. :)
That explains your perspective on development. I grew up in rural Kenya and my exprience there has largely shaped my thinking. In your area you would be hard pressed fo fund 30 per cent of people in your generation that drop9ped off in primary or secondary. You haven't seen rural poverty up close and personal. You haven't seen agriculture success transform people from poor to middle class or you havent sesn govt had policy affect so many farmer ruining their livehoods. So we are children of two worlds.
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I see this took a turn.
Anyway back on task.
Robina
Where did you grow up? Urban Kenya or rural Kenya?
Mostly Karen and Kyuna until high school. How does that matter? We don't need to be shackled by circumstance. Even if I was pursuing advanced Bible Studies at the Vatican I would not be embarrassed. :)
That explains your perspective on development. I grew up in rural Kenya and my exprience there has largely shaped my thinking. In your area you would be hard pressed fo fund 30 per cent of people in your generation that drop9ped off in primary or secondary. You haven't seen rural poverty up close and personal. You haven't seen agriculture success transform people from poor to middle class or you havent sesn govt had policy affect so many farmer ruining their livehoods. So we are children of two worlds.
Your perspective - on my perspective :) - shows it's possible to understand without experiencing first-hand. I have been up in Korogocho and Mathare on charity holiday. And dirt-poor Haiti. But around 2008 - straight after high school - I discovered in shock there were slums all over Nairobi. It's like I had a blindspot. I had only heard of Kibera. I guess the media we consume really shapes our world.
No, I don't need to live in a slum or Syria to know the suffering. Kenya has been battling poverty, disease and illiteracy since 1963 - BASICS - and is still at it. It goes without saying that people need food and medical and security before they focus on school or business. That acknowledgement does not stop us from thinking big and debating the best approach to provide the food. My view is that the private sector has been more inept than GoK in playing their part. But that does not mean GoK should forsake them or neglect the economy. Because workers and business create the taxes to pay for the GoK "social" services. It's a chicken and egg reality.
So while chastising Safaricom to do better - I think GoK must focus on the public investment with the best return - $$$ - because those taxes go directly into Nanok's water and food kitty. Just devolve 40% and focus on targeted investments. The fruits will trickle to the needy via devolution.
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Did I miss the train; .org was to avoid personal insults at .com.
Harmless spats. kid gloves
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The directive just like economic collapse in capitalism has some good tidings like death of parallel programmes. Well in this case the surplus in the universities were mainly from this programs so investment arms of teh universities will also die a natural death - clearly no quick fix to the economic mess.
https://www.standardmedia.co.ke/article/2001350624/death-of-parallel-programmes-as-reality-hits-universities