Nipate
Forum => Kenya Discussion => Topic started by: RV Pundit on September 30, 2018, 07:36:41 AM
-
That is from Q2 data - with inflation at 3.9%.
https://www.nation.co.ke/business/Economic-growth-signals-more-jobs-as-inflation-rises/996-4782896-ow9lf2/index.html
I don't know why they like complaining when they are buying Unga for so cheap :)
If Q3 and Q4 only - at 6% plus - then economy will be cranking up at 6.3-6.5%.
And next year Uhuru may finally get to Kibaki 7%!!
-
When you interrogate these figures being thrown around at the household level you understand the level of economic mismanagement and plunder going on.
The KNBS said during the period, the country experienced heavy rains that “impacted positively on most of the agricultural and generation of hydroelectricity activities”.
Agriculture - Bumper maize harvest but farmers have not been paid with only so called 'cartel' having pocketed the billions for importing maize from Uganda. Maize rotting in the stores at homes and NCPB can contribute to GDP growth as long as Jubilee magicians are at work.
Electricity - Despite cheap hydro power and supernormal profits by KENGEN & KP my cost of power has nearly tripled from May.
Truly magical growth which when you look at Kerosene poverty stricken households you get why they need to shut up and celebrate for paying the cost of diesel car owners engine protection fees.