Nipate

Forum => Kenya Discussion => Topic started by: RV Pundit on April 24, 2023, 03:03:52 PM

Title: Ruto has himself to blame if kenya default - for letting Kenyattas offhook
Post by: RV Pundit on April 24, 2023, 03:03:52 PM

Well although it would be great - not pay NCBA - the 250B they have lent gov :)

Bloomberg is reporting that concerns that Kenya is heading toward default are ramping up as the market seeks to understand how the $2B Eurobond maturing in 2024 will be repaid:

"The market is still struggling to see how the financing needs will be met in 2023-4" pic.twitter.com/qitMkVsOCv

— Mwango Capital (@MwangoCapital) April 24, 2023

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Title: Re: Ruto has himself to blame if kenya default - for letting Kenyattas offhook
Post by: Kadudu on April 24, 2023, 03:37:07 PM

If it is only Uhuru alone at fault for Kenya's financial woes, then Ruto would for sure go after him. You forget, Ruto enriched himself immensely in the last 10 years. So he is more of the problem than the solution. Expect nothing from Ruto in terms of investigating the looting spree that took place in the last 10 years.

Ruto did not just let Kenyattas off the hook, he let himself off the hook.