Nipate

I have never prided myself as a good writer, my education has a lot of missed opportunities and defaults. I admire people who grew up under Kibaki and Matiangi before Kalenjinga took over and I grew up under Moi, there are a lot of gaps in my education. I came to USA and almost started from zero, the education that I had learned under Moi was useless, I had to learn straight life, language etc without cheating but I have a lot of common sense, very wealthy without stealing anything. I know thieves who try to wash money through me. I had to deprogramme myself out of religion and the culture of lying and stealing. It has been a journey of self fulfillment, education and wealth that come out of it. I am not here to pride myself as an intellectual or even a seer of Kenyan politics. I am here to try and change Kenyans, the way they think, most solutions are actually very simple. The USA that’s now gone changed my life, It made me thrive by my effort and genius, if I tell you about how many geniuses I want to school with who are rotting in Kenya, you would be shocked. I come here trying to change Kenya back to an ambitious meritocracy, that’s the only way we become Taiwan.

Kenya is in talks with China to halve the interest on the standard gauge railway (SGR) loan to three percent through converting dollar-denominated debt used to build the modern rail to yuan and ease the financing burden.
Treasury Cabinet Secretary John Mbadi said the talks with Beijing are part of the policy shift to diversify the currency composition of foreign debt.
“When the loan is in US dollars, then it is SOFR [Secured Overnight Financing Rate] plus a mark-up, but a renminbi is a fixed rate, which is almost half the rate if we were to apply US dollars. So there is a huge savings there,” Mr Mbadi told the Business Daily on the phone.

“Currently in US dollars, it [interest rate] comes to more than 6.0 percent because it is SOFR at about 4.6 percent plus two percent, but with renminbi it is about 3.0 percent.”