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Forum => Kenya Discussion => Topic started by: Omollo on December 02, 2016, 08:41:12 AM

Title: Uhuru Has Mortgaged Kenya
Post by: Omollo on December 02, 2016, 08:41:12 AM

My comments later...

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

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

Title: Re: Uhuru Has Mortgaged Kenya
Post by: RVtitem on December 02, 2016, 10:43:47 AM

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

Title: Re: Uhuru Has Mortgaged Kenya
Post by: Empedocles on December 02, 2016, 04:55:03 PM

Quote from: Omollo on December 02, 2016, 08:41:12 AM

My comments later...

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

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

You can watch the debt clock live here:

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

Title: Re: Uhuru Has Mortgaged Kenya
Post by: Globalcitizen12 on December 02, 2016, 05:40:37 PM

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

Title: Re: Uhuru Has Mortgaged Kenya
Post by: Kim Jong-Un's Pajama Pants on December 02, 2016, 06:02:03 PM

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