China loan comes calling: Ndii was right?

[GeeMail]

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https://www.nation.co.ke/news/Chinese-may-take-Mombasa-Port--Ouko/1056-4902162-xfphu7z/index.html

Kenya could lose the port of Mombasa to the Chinese government if Kenya Railways Corporation (KRC) defaults in the payment of Sh227 billion owed to Exim Bank of China.

[Gumzo]

https://www.nation.co.ke/news/Chinese-may-take-Mombasa-Port--Ouko/1056-4902162-xfphu7z/index.html

Kenya could lose the port of Mombasa to the Chinese government if Kenya Railways Corporation (KRC) defaults in the payment of Sh227 billion owed to Exim Bank of China.

That Mavoko rvpundit character said there was nothing to eat in Africa !!!!!
The real target for China is LAPPSET and they just about have it, just a matter of time

[RVtitem]

Chinese wi'll offer to reschedule loan on condition that they get to establish a military base in Kenya.

[Kim Jong-Un's Pajama Pants]

https://www.nation.co.ke/news/Chinese-may-take-Mombasa-Port--Ouko/1056-4902162-xfphu7z/index.html

Kenya could lose the port of Mombasa to the Chinese government if Kenya Railways Corporation (KRC) defaults in the payment of Sh227 billion owed to Exim Bank of China.

And that's not far-fetched either.  I think there is already a country in Asia I believe Sri-Lanka that has ceded part of its sovereignty to China over loans.

[GeeMail]

Why is it that in talking about the China loans all we hear is false bravado about diverse loans (Uhuru's interview with Richard Quest) and the unlikeliness of the port being taken over? I thought we'd hear more about incentives to get SGR operating at capacity. As it is, clearing and forwarding companies are unhappy with SGR and KPA and no clear roadmap is being given to sort that out. But there's still a problem because as Ndii suggests, even the capacity of the SGR to handle the optimum for the loan repayment appears to have been overstated. Uhuru wants even more China loans and the elephant is still in the room!

[Gumzo]

Chinese wi'll offer to reschedule loan on condition that they get to establish a military base in Kenya.

Fools still don't  get it !!!
China is not intrested in 20th century type military expansionism.
The are going for key infrustructure and technology. Like stated above, Sri Lanka lost their port. Zambia national power company and national broadcaster are gone to Chinaman.

[GeeMail]

https://www.standardmedia.co.ke/business/article/2001309291/one-year-later-sgr-struggles-to-accumulate-cargo-capacity

Such capacity, which can be achieved through increased productivity of the agricultural and manufacturing sectors, remains far out of reach.

We said it here before. The article could have been better with more facts and figures, but it captures the situation correctly. The solution is not in coercing people to use SGR but to make it attractive. Inland depot management is also a sticking point. In this century Kenya still can't manage logistics of clearing inland containers? Most important is to increase turnover by enhancing production of heavy goods and agricultural products. This will naturally trigger demand for SGR.

In Morocco, https://www.moroccoworldnews.com/2018/11/257812/moroccos-lgv-high-speed-train-photos/

[hk]

pundit,
You still think Ndii is an idiot? Still think he was wrong about sgr? https://www.businessdailyafrica.com/economy/Higher-SGR-tariffs-could-hit-Chinese-loan-repayments/3946234-4934680-rrvuxe/index.html or https://www.nation.co.ke/news/Hidden-traps-in-SGR-deal-with-China/1056-4932764-ebw46r/index.html . This is what we have been arguing about on the other thread. Building of SGR probably increased  gdp by1.5% growth rate but now its a drag and government is now scrambling to start other projects (Big 4) to keep the  growth going. Basically the investment on all this big projects haven't unleashed private sector investment to pay for the loans. 

[RV Pundit]

Those are not the rates...the sgr tarriff
pundit,
You still think Ndii is an idiot? Still think he was wrong about sgr? https://www.businessdailyafrica.com/economy/Higher-SGR-tariffs-could-hit-Chinese-loan-repayments/3946234-4934680-rrvuxe/index.html or https://www.nation.co.ke/news/Hidden-traps-in-SGR-deal-with-China/1056-4932764-ebw46r/index.html . This is what we have been arguing about on the other thread. Building of SGR probably increased  gdp by1.5% growth rate but now its a drag and government is now scrambling to start other projects (Big 4) to keep the  growth going. Basically the investment on all this big projects haven't unleashed private sector investment to pay for the loans. 

Check the real sgr tarriffs...still very competitive.