Nipate
Forum => Kenya Discussion => Topic started by: RVtitem on July 25, 2016, 10:11:13 PM
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A team of Japanese scholars has punched holes into Kenya’s economic growth model, saying it concentrates wealth in the hands of the elite and widens the gap between the rich and the poor, making it unsustainable.
http://www.businessdailyafrica.com/Japan-scholars-punch-holes-Kenya-economic-growth-model/539546-3308930-item-0-nfu665/index.html
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Yes its true.
Kibaki,Odinga and now Uhuru have allowed it for the last 20+ yrs.
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www.businessdailyafrica.com/Kenya-s-super-rich-now-control-two-thirds-of-economy/539552-3219378-item-1-2hhken/index.html
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www.businessdailyafrica.com/Kenya-s-super-rich-now-control-two-thirds-of-economy/539552-3219378-item-1-2hhken/index.html
Our economy is primarily driven by rent seekers, who do not create any wealth but mainly transfer it from the general population to a tiny clique (i.e Sportpesa, stolen land, etc.), as the article shows.