Author Topic: Finally Kenya start waking up - sell Safaricom, KPC, KCB and pay off debt  (Read 1078 times)

Offline RV Pundit

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Actually no need to pay off debt.
Just stop borrowing - finance the budget with proceeds from sales
And after couple of years - debt will drop to proper level.

https://www.the-star.co.ke/opinion/leader/2021-09-16-sell-off-safaricom-kpc-to-reduce-debt-burden/

Offline Kadudu

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Re: Finally Kenya start waking up - sell Safaricom, KPC, KCB and pay off debt
« Reply #1 on: September 16, 2021, 10:44:49 AM »
You forgot to mention the Nairobi National Park. :D

Actually no need to pay off debt.
Just stop borrowing - finance the budget with proceeds from sales
And after couple of years - debt will drop to proper level.

https://www.the-star.co.ke/opinion/leader/2021-09-16-sell-off-safaricom-kpc-to-reduce-debt-burden/

Offline RV Pundit

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Re: Finally Kenya start waking up - sell Safaricom, KPC, KCB and pay off debt
« Reply #2 on: September 16, 2021, 10:55:12 AM »
Yes - gov has two options - or 3 - 1) tax your to death 2) borrow from future generation 3) sell it's asset including it's land. When I was in Uganda - Museveni was not shy to cut forest - and give it to investors...now if you go from Mabira to Mukono-nakawa - there is huge industrial base.
You forgot to mention the Nairobi National Park. :D

Offline RV Pundit

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Re: Finally Kenya start waking up - sell Safaricom, KPC, KCB and pay off debt
« Reply #3 on: September 16, 2021, 10:58:45 AM »
See that whole Namnave now is industries - land was given out to investors - land that use to be a forest
https://www.observer.ug/component/content/article?id=14830:mabira-uproar-evokes-memories-of-namanve-kalangala-give-aways