Author Topic: Next President to make billions and overtax citizens.  (Read 848 times)

Offline Githunguri

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Next President to make billions and overtax citizens.
« on: June 19, 2022, 10:22:02 AM »
Water problem..He will build dams,Water treatment plants and pipeline across the country.Incase the projects will cost $5BN.He will get his $500MN dollar cut.

Rail tunnelling and light rail in Nairobi..Rail tunnel from Roysambu to Nairobi Kangemi to CBD Adams arcade to CBD..Maybe 20KM of which cost about  $10BN USD..He will get his $1BNUsD cut...Light tram and rails in Mombasa Nairobi and eldoret or kisumu another $2BN USD will get his $200MN cut.

Gas Terminal and pipeline..More has terminals are getting but and the next gov will build gas pipelines across the country I think that's a $3BN project He gets his $300MN cut.

I think roads ports power generation and transmission is no brained.

Mtalipa madeni wakenya..you will be dehumanized right left and centre...Wacha hivyo mnalia unga 200 Sukari 180 petrol 160 cooking oil litre 360..Kenyans will be molested through taxation financing and dollar denominated debt payments in the next 20 years.

Offline RV Pundit

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Re: Next President to make billions and overtax citizens.
« Reply #1 on: June 19, 2022, 10:23:40 AM »
Of course 10 percent cut is almost standard.
Problems come if nothing get built and we still pay
So 10 percent is okayish as long as they deliver projects.
The impact of the projects will exceed 10 percent.

I only pray they keep the chinese - and keep their 10 percent.

Let chinese give us the dams...that dam will generate more multiplier than 10 percent cut once off.
Ndakaini is still doing great - 30yrs since the french built and Moi took his cut.
Maybe Moi has squandered the loot but Ndakiani is still standing.

In Africa - most projects impact or companies expect to make 30 percent profit annually.

So 10 percent cut is small potatos as long as project is delivered.