CBK claims Kshs was Overvalued & KRA misses its Target - Ruto is In Shit

[Nowayhaha]

• Tweet

[sema]

Expound on this point if you can

[patel]

One thing I know is construction will slowly grind into a halt. Cement has moved from ksh560 to ksh 720 in two months and steel prices have almost doubled in 3 months. Dollar has moved from 110 to 150 in 7 months...today I think the dollar retracted mainly due to tea farmers bonus and cBk throwing money to all banks.  We have to discover oil, gas, diamond and gold. Maharagwe economy cannot save us.

[Georgesoros]

One thing I know is construction will slowly grind into a halt. Cement has moved from ksh560 to ksh 720 in two months and steel prices have almost doubled in 3 months. Dollar has moved from 110 to 150 in 7 months...today I think the dollar retracted mainly due to tea farmers bonus and cBk throwing money to all banks.  We have to discover oil, gas, diamond and gold. Maharagwe economy cannot save us.

SINGAPORE has never had any of the things you mentioned, yet it prospered. WHY???
Policy Policy Policy. Ruto appointed friends and friends of relatives and friends of friends of relatives. most have Zero policy knowledge. Tighten your belts. BTW he eliminated opposition who usually bring a different point of view. BIG mistake.

[Githunguri]

Correct me if am wrong,When the president signed the oil deal,He promised us two things,

1) Oil prices will come down,However the opposite has happened and the fuel price is 60KES  + since then.

2 ) The shilling would strengthen to about 100KES  +- ,However the opposite has happened and its trading at 160.

What is going on?

[Githunguri]

One thing I know is construction will slowly grind into a halt. Cement has moved from ksh560 to ksh 720 in two months and steel prices have almost doubled in 3 months. Dollar has moved from 110 to 150 in 7 months...today I think the dollar retracted mainly due to tea farmers bonus and cBk throwing money to all banks.  We have to discover oil, gas, diamond and gold. Maharagwe economy cannot save us.

SINGAPORE has never had any of the things you mentioned, yet it prospered. WHY???
Policy Policy Policy. Ruto appointed friends and friends of relatives and friends of friends of relatives. most have Zero policy knowledge. Tighten your belts. BTW he eliminated opposition who usually bring a different point of view. BIG mistake.

Precisely.

Ruto thinks everyone is an idiot and he is the smartest person so when he is making mistakes,civil servants just watch him in silence.nguruwe hujikaanga na mafuta yake.

[Georgesoros]

Right Policy and economy will do well.
Kuria cant develop shit and he is supposed to be a top policy maker.
Murkomen same thing.
Mutua is even worse.

[Kadudu]

As Uhuru once said, Ruto is a man of maneno tamu and nothing else. He should learn to listen to experts and open his mouth only when he knows his fats are right. He is lucky Kenyans have a short memory.
As of the US$ going down to 120 Ksh? That we can kiss goodbye. It will be 200 in the next by end 2024.

Precisely.

Ruto thinks everyone is an idiot and he is the smartest person so when he is making mistakes,civil servants just watch him in silence.nguruwe hujikaanga na mafuta yake.

[KenyanPlato]

One thing I know is construction will slowly grind into a halt. Cement has moved from ksh560 to ksh 720 in two months and steel prices have almost doubled in 3 months. Dollar has moved from 110 to 150 in 7 months...today I think the dollar retracted mainly due to tea farmers bonus and cBk throwing money to all banks.  We have to discover oil, gas, diamond and gold. Maharagwe economy cannot save us.

SINGAPORE has never had any of the things you mentioned, yet it prospered. WHY???
Policy Policy Policy. Ruto appointed friends and friends of relatives and friends of friends of relatives. most have Zero policy knowledge. Tighten your belts. BTW he eliminated opposition who usually bring a different point of view. BIG mistake.

Singapore was a British outpost in a communist region. Man you're always posting in haste. Give your phone to your wife to review your posts before you hit submit button. Better still ask Becky in the front desk of your hospital to get someone else to review your posts

[Fairandbalanced]

https://x.com/sakajajohnson/status/1717123337833316828?s=46&t=3-3-_ehcZbukDCK7hNe5LA

[RV Heavy Hitter!]

As Uhuru once said, Ruto is a man of maneno tamu and nothing else. He should learn to listen to experts and open his mouth only when he knows his fats are right. He is lucky Kenyans have a short memory.
As of the US$ going down to 120 Ksh? That we can kiss goodbye. It will be 200 in the next by end 2024.

Precisely.

Ruto thinks everyone is an idiot and he is the smartest person so when he is making mistakes,civil servants just watch him in silence.nguruwe hujikaanga na mafuta yake.

Get over it, Uhuru was defeated for saddling the country with 10 trillion debt and plunging the country to depression. Someone had to come and do the hard things to slowly get the country out of the ditch, sadly that person happens to me my family member.

[Fairandbalanced]

[patel]

I think the shilling will continue to slide down to 200ksh/dollar. What we are witnessing is controlled demolition. At that point kenya debt will double to 25 trillion. Premium tears loading.

[sema]

Why do kenyans/africans like to compare themselves to Singaporeans a majority of whom are Han Chinese?

Africans make nothing and this is why someone here said their only hope is to discover oil or some other natural resource otherwise it will remain a maharagwe/sukuma wiki economy -- an economy of peasant farmers that do only enough to feed themselves and their families.

What we are witnessing is controlled demolition

A controlled demolition of what?

[Georgesoros]

Why do kenyans/africans like to compare themselves to Singaporeans a majority of whom are Han Chinese?

Africans make nothing and this is why someone here said their only hope is to discover oil or some other natural resource otherwise it will remain a maharagwe/sukuma wiki economy -- an economy of peasant farmers that do only enough to feed themselves and their families.

What we are witnessing is controlled demolition

A controlled demolition of what?

Kenyans have started making stuff. Only thing needed is right pinch of policy

[Georgesoros]

I for one also believed he will do it. Until he appointed likes of loud mouths who know nothing about policy.
Hopeythe destruction wii be tolerable