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Author Topic: Terrible Uhuru and Munya forced KTDA to borrow 18B to pay FAKE BONUS increase  (Read 682 times)

Offline RV Pundit

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Terrible Uhuru and Munya forced KTDA to borrow 18B to pay FAKE BONUS increase
« on: January 05, 2023, 09:26:38 AM »
Just what did the drunkard not do?

Offline gout

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Re: Terrible Uhuru and Munya forced KTDA to borrow 18B to pay FAKE BONUS increase
« Reply #1 on: January 05, 2023, 02:45:30 PM »
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The money was borrowed from multiple banks that included NCBA and Standard Chartered Bank Kenya.

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The loan has subjected farmers to extra costs as they are paying interest on the borrowed amount through their respective factories.

For instance, farmers in Chinga tea factory in Nyeri had to pay close to Sh3 million in interest from the Sh200 million that they had received to pay an early bonus, according to the management.

https://www.businessdailyafrica.com/bd/markets/commodities/ministry-probes-sh18bn-ktda-bonus-for-farmers--4075690
Government, even in its best state, is but a necessary evil; in its worst state, an intolerable one ~ Thomas Paine

Offline RV Pundit

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Re: Terrible Uhuru and Munya forced KTDA to borrow 18B to pay FAKE BONUS increase
« Reply #2 on: January 05, 2023, 03:33:26 PM »
We need state capture eventually
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