Dr Ndii was fired from Equity for his tunnel vision - he predicted Equity was about to die while in fact it's grown maybe 30 times since he left. He is wrong in everything. He doesn't have the intellect to look at issue from long term perspective. Public investment like private investment are long term. I have invested in many things - plots & lands & building - that give me zero shilling now - but I am convinced long term they'll turn around - I don't care so much about them generating income since I have other sources of income. This the same case with SGR, Galana, Lapset, power and road infra - just like land - you can never go wrong with public investment in such deals in a young growing economy - even if marred with corruption.Most of Dr Ndii ideas are copy-paste from advance economy like the US or UK or Japan which are on plataue growth phase...there are on the marginal gains territory anyway - but for Africa or China - you cannot have enough of roads, malls, railways, pipelines, power lines and name it.
And really beside public or gov sector don't have to turn profit - so any over-investment in public sector such as laptops - is always money well spent.
Ndemo is right about two rivers . The two supermarkets in two rivers Chandarana and Carrefour buy goods from local companies we're one such company. Already our sales have gone up cause that's brand new market we were not targeting.
Topic: Bitange ndemo responds to dr doom & company (Read 1266 times)