Why can’t the airport sell bonds

[Georgesoros]

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And use the bonds sale to modernize the airport???
Why sell the airport to Indians?

[Georgesoros]

Yes we need a new airport but doesn’t mean we mortgage our country
Wasn’t there an infrastructure bond that was oversold?
Where’s that money going?

https://www.reuters.com/business/aerospace-defense/kenya-aviation-workers-union-go-strike-august-19-2024-08-12/

[Githunguri]

And use the bonds sale to modernize the airport???
Why sell the airport to Indians?

They are hiding behind Indians.

They want to take over all JKIA businesses:
1) export and import clearing and handling which has been a preserve of the Kenyatta and Moi,Over 1BN USD.Look at companies like signion swiss handling they'll be kicked out.

2 )Aircraft fuelling which Odinga has an interest.Over USD 1BN.

3) Food service supplying food to airlines.Over 1BN USD.

4) Forex business monopoly.The current group will be kicked out.

5) Smuggling,Service charges and over priced loans to finance fake JKIA projects through dollar denominated debts.

They will be making over 2BN USD annually.

We have criminals in power and if you dare protest,You will be shot dead like a dog in the streets or abducted and cremated.

[RV Kirgit]

And use the bonds sale to modernize the airport???
Why sell the airport to Indians?

They are hiding behind Indians.

They want to take over all JKIA businesses:
1) export and import clearing and handling which has been a preserve of the Kenyatta and Moi,Over 1BN USD.Look at companies like signion swiss handling they'll be kicked out.

2 )Aircraft fuelling which Odinga has an interest.Over USD 1BN.

3) Food service supplying food to airlines.Over 1BN USD.

4) Forex business monopoly.The current group will be kicked out.

5) Smuggling,Service charges and over priced loans to finance fake JKIA projects through dollar denominated debts.

They will be making over 2BN USD annually.

We have criminals in power and if you dare protest,You will be shot dead like a dog in the streets or abducted and cremated.

Architect,

Looks to me like new criminal cartels trying to displace old criminal cartels

I'm curious why you refer the new cartels as criminals. Are the older cartels holy?

[Githunguri]

And use the bonds sale to modernize the airport???
Why sell the airport to Indians?

They are hiding behind Indians.

They want to take over all JKIA businesses:
1) export and import clearing and handling which has been a preserve of the Kenyatta and Moi,Over 1BN USD.Look at companies like signion swiss handling they'll be kicked out.

2 )Aircraft fuelling which Odinga has an interest.Over USD 1BN.

3) Food service supplying food to airlines.Over 1BN USD.

4) Forex business monopoly.The current group will be kicked out.

5) Smuggling,Service charges and over priced loans to finance fake JKIA projects through dollar denominated debts.

They will be making over 2BN USD annually.

We have criminals in power and if you dare protest,You will be shot dead like a dog in the streets or abducted and cremated.

Architect,

Looks to me like new criminal cartels trying to displace old criminal cartels

I'm curious why you refer the new cartels as criminals. Are the older cartels holy?

For heaven sake.A thief is a thief .I am not taking sides in this outright thuggery of public resources whether by new or old cartels.I am against it.

[RV Pundit]

You mean KAA to borrow? Will you buy their bonds without treasury gurantee.

[sema]

How did Rwanda do it? they seemed to have cut a deal with the Qatari's?

[Georgesoros]

You mean KAA to borrow? Will you buy their bonds without treasury gurantee.

Its done all over the world, right?
Airport is always going to flourish.
Of course the final word to borrow comes from the board.

[gout]

KAA was running surpluses before ufool raided it in 2019. KAA holds assets worth a trillion so financing should not be a problem except we have thugs deliberately pursuing shadowy deals with the likes of Ambani which will expose taxpayers. 

https://www.businessdailyafrica.com/bd/economy/kaa-seeks-treasury-bailout-as-debt-piles-3543334

[Georgesoros]

KAA was running surpluses before ufool raided it in 2019. KAA holds assets worth a trillion so financing should not be a problem except we have thugs deliberately pursuing shadowy deals with the likes of Ambani which will expose taxpayers. 

https://www.businessdailyafrica.com/bd/economy/kaa-seeks-treasury-bailout-as-debt-piles-3543334

So they are taking away the surplus forcing the agency to go into a cash crisis??
Then they will call for Indian rescue??
Govt needs to go into a fasting mode. Trim down so as to become more efficient. These stupid deals got to go. KAA should be its own agency able to float bonds,

[gout]

Looks like these 5 mbirionis for cancelled terminal are ones  they are fighting for with Wanjigi.

https://www.businessdailyafrica.com/bd/corporate/companies/payment-for-botched-jkia-terminal-deal-sinks-kaa-into-loss-4734256