Let us return to the echo chamber: Economic Meltdown

[sema]

More layoff's...the echo chamber is speaking

<blockquote class="twitter-tweet"><p lang="en" dir="ltr">I thought with all the affordable housing construction going on, these guys would be in serious business, no? <a href="https://t.co/H6jHY9b9jG">pic.twitter.com/H6jHY9b9jG</a></p>&mdash; SokoAnalyst (@SokoAnalyst) <a href="

I thought with all the affordable housing construction going on, these guys would be in serious business, no? pic.twitter.com/H6jHY9b9jG

— SokoAnalyst (@SokoAnalyst) November 13, 2024

?ref_src=twsrc%5Etfw">November 13, 2024</a></blockquote> <script async src="https://platform.twitter.com/widgets.js" charset="utf-8"></script>

[sema]

<blockquote class="twitter-tweet"><p lang="en" dir="ltr">This month alone, over 20 key manufacturing businesses have shutdown completely and relocated to Mukono, Uganda. Over 1000 permanent jobs &amp; 5000 indirect have been lost due to a punitive &amp; confused tax regime. Unemployment is up &amp; so is crime.</p>&mdash; SokoAnalyst (@SokoAnalyst) <a href="

This month alone, over 20 key manufacturing businesses have shutdown completely and relocated to Mukono, Uganda. Over 1000 permanent jobs & 5000 indirect have been lost due to a punitive & confused tax regime. Unemployment is up & so is crime.

— SokoAnalyst (@SokoAnalyst) November 13, 2024

?ref_src=twsrc%5Etfw">November 13, 2024</a></blockquote> <script async src="https://platform.twitter.com/widgets.js" charset="utf-8"></script>

[sema]

<blockquote class="twitter-tweet"><p lang="en" dir="ltr">Your government really seems to hate the middle class and yet these are the same people whose payslips you&#39;ve raided to finance your blatant looting.</p>&mdash; Kevin J. Muringih (@kevinmuringih) <a href="

Your government really seems to hate the middle class and yet these are the same people whose payslips you've raided to finance your blatant looting.

— Kevin J. Muringih (@kevinmuringih) November 13, 2024

?ref_src=twsrc%5Etfw">November 13, 2024</a></blockquote> <script async src="https://platform.twitter.com/widgets.js" charset="utf-8"></script>

<blockquote class="twitter-tweet"><p lang="en" dir="ltr"><a href="https://twitter.com/DavidNdii?ref_src=twsrc%5Etfw">@DavidNdii</a> How are we to reconsile these 2 posts from you? <a href="https://t.co/TdChvXFeBD">https://t.co/TdChvXFeBD</a></p>&mdash; Mungai Charles (KE) (@mungaicharles) <a href="

@DavidNdii How are we to reconsile these 2 posts from you? https://t.co/TdChvXFeBD

— Mungai Charles (KE) (@mungaicharles) November 13, 2024

?ref_src=twsrc%5Etfw">November 13, 2024</a></blockquote> <script async src="https://platform.twitter.com/widgets.js" charset="utf-8"></script>

[Georgesoros]

Whoa 🤯
Instead of slimming down government they decided to expand tax enforcement n in the process killing anything that is left over

[Kadudu]

Why would they slim their looting budget? Ruto should have first utilised the taxes the government was already receiving before increasing taxes. Most Kenyans are not receiving the services for which they pay taxes.

Whoa 🤯
Instead of slimming down government they decided to expand tax enforcement n in the process killing anything that is left over

[sema]

<blockquote class="twitter-tweet"><p lang="en" dir="ltr">Unilever is also currently in the process of laying off some of their stuff.</p>&mdash; Trick Daddy!!! (@Wuod_Lo) <a href="

Unilever is also currently in the process of laying off some of their stuff.

— Trick Daddy!!! (@Wuod_Lo) November 13, 2024

?ref_src=twsrc%5Etfw">November 13, 2024</a></blockquote> <script async src="https://platform.twitter.com/widgets.js" charset="utf-8"></script>

<blockquote class="twitter-tweet"><p lang="en" dir="ltr">I know a garment manufacturing company in Industrial Area that cut salaries for all staff to avoid letting some of them go after they experienced a significant decline in orders. <br><br>Then there&#39;s this: 👇🏾<a href="https://t.co/dVSS0CTdng">https://t.co/dVSS0CTdng</a></p>&mdash; Martin Njuguna (@TheBrooder) <a href="

I know a garment manufacturing company in Industrial Area that cut salaries for all staff to avoid letting some of them go after they experienced a significant decline in orders.

Then there's this: 👇🏾https://t.co/dVSS0CTdng

— Martin Njuguna (@TheBrooder) November 14, 2024

?ref_src=twsrc%5Etfw">November 14, 2024</a></blockquote> <script async src="https://platform.twitter.com/widgets.js" charset="utf-8"></script>

<blockquote class="twitter-tweet"><p lang="en" dir="ltr">A company in industrial area is laying off 200+</p>&mdash; Alfayaz 11 (@Alfayaz11) <a href="

A company in industrial area is laying off 200+

— Alfayaz 11 (@Alfayaz11) November 13, 2024

?ref_src=twsrc%5Etfw">November 13, 2024</a></blockquote> <script async src="https://platform.twitter.com/widgets.js" charset="utf-8"></script>

[Nefertiti]

IMF numbers should tell us the true story, this anecdotal evidence is unreliable. There are people equally doing well, such as Safaricom with record profits. They have sponsored content glorifying their journey.

What do the GDP, etc growth economics say?

[Kadudu]

Ruto has given up on local jobs and is now betting on sending Kenyan youth abroad. Ruto holds a cabinet meeting and does not address the current layoffs taking place in the manufacturing industry. Instead he wants on emphasing sending Kenyans to househelp in countries like Lebanon.

https://www.the-star.co.ke/news/2024-11-15-state-reveals-new-dates-for-foreign-job-interviews

[Nefertiti]

Ruto has given up on local jobs and is now betting on sending Kenyan youth abroad. Ruto holds a cabinet meeting and does not address the current layoffs taking place in the manufacturing industry. Instead he wants on emphasing sending Kenyans to househelp in countries like Lebanon.

https://www.the-star.co.ke/news/2024-11-15-state-reveals-new-dates-for-foreign-job-interviews

It seems Kenya is now a top Labor exporter. I wonder how many B's we are talking about.

[Fairandbalanced]

The economics of staple food, cannot get out of that trap. How about thinking bigger, I can help you, all you have to do is call us, we are here in the diaspora, born to think big and big ideas.

[gout]

This is a dicey bet. TSC is crying there are no science teachers for CBC STEM pathway yet we want to send them abroad and implement CBC.
https://www.citizen.digital/news/tsc-reports-shortage-of-science-teachers-in-kenya-n351789

The various job positions include nurses, aged-care workers, educators in science, mathematics, English, and physical education, chefs, drivers and other unspecialised roles.

Lebanon hii moja under siege by Netnyang'au ama ingine where the houselps are wailing? Madvd was not around to brief the cabinet on the crisis.

https://www.citizen.digital/news/over-7000-kenyans-stuck-in-lebanon-prime-cs-mudavadi-n351490

The billions remittances are flowing but given the numbers in Saudi and Qatar, seems the wages there are not moving the needle.
https://kenyanwallstreet.com/diaspora-inflows-hit-record-ksh-55-2-billion-in-august/

Ruto has given up on local jobs and is now betting on sending Kenyan youth abroad. Ruto holds a cabinet meeting and does not address the current layoffs taking place in the manufacturing industry. Instead he wants on emphasing sending Kenyans to househelp in countries like Lebanon.

https://www.the-star.co.ke/news/2024-11-15-state-reveals-new-dates-for-foreign-job-interviews

It seems Kenya is now a top Labor exporter. I wonder how many B's we are talking about.