Ruto seem to have secured two legacy defining - SGR and Expressway to Malaba

[Fairandbalanced]

Our problem is here, greed, corruption, short sightedness and general stupidity…a Vietnamese can tell you what we have been saying, you do not build a country with speeches and promises, it takes grit, hardwork and functional institutions.. https://x.com/anuarsaddat/status/1915444027572289899?s=46&t=3-3-_ehcZbukDCK7hNe5LA

[Kadudu]

Ruto told Kenyans during his 2022 presidential campaigns, the days of flying to Chian to collect loans were over. Today he is in China collecting madeni kama njungu.

[RV Heavy Hitter!]

In a country like Kenya, where most civil servants, politicians, wanainchi, and average taxpayers are thieves, it is difficult to build the country and wealth without external help. In fact, many countries have developed by taking on significant debt. Kenya and Africa are among the countries with a low GDP-to-debt ratio. I think cutting corruption and taking Kenya to Singapore's or the USA's level of GDP-to-debt ratio would be ideal, but African banks and Capital may need to start their own banking system so they don't rely on predatory global banks that charge high interest and issue crippling credit scores discriminately to weaken them. Massive but well-managed debt is the only way to fully industrialize; that is why the west and most rich countries are where they are. The USA is currently sitting at 40+ trillion and mostly Chinese debt. USA is developing yet more corrupt than Kenya, so there is no reason Kenya not to make strides

[Njuri Ncheke]

Truth be said Kasongo has pulled a fast one that has left world stunned, he suscesfully played China and USA for now, he is a winner shows he still  has sparks of brilliance even though he lost 70% thinking capacity
If all the deals are completed then Ruto has a lifeline.

[RV Pundit]

Truth be said Kasongo has pulled a fast one that has left world stunned, he suscesfully played China and USA for now, he is a winner shows he still  has sparks of brilliance even though he lost 70% thinking capacity
If all the deals are completed then Ruto has a lifeline.

only a mad man bet against ruto. Bado. Ngojea hapo.

[RV Pundit]

In a country like Kenya, where most civil servants, politicians, wanainchi, and average taxpayers are thieves, it is difficult to build the country and wealth without external help. In fact, many countries have developed by taking on significant debt. Kenya and Africa are among the countries with a low GDP-to-debt ratio. I think cutting corruption and taking Kenya to Singapore's or the USA's level of GDP-to-debt ratio would be ideal, but African banks and Capital may need to start their own banking system so they don't rely on predatory global banks that charge high interest and issue crippling credit scores discriminately to weaken them. Massive but well-managed debt is the only way to fully industrialize; that is why the west and most rich countries are where they are. The USA is currently sitting at 40+ trillion and mostly Chinese debt. USA is developing yet more corrupt than Kenya, so there is no reason Kenya not to make strides

Agreed. It's not easy place to do business.

[Nefertiti]

10% GDP growth in 2026 and 2027

Key wins:

SGR Extension

Rironi–Mau Summit PPP

15 rural roads

Eldoret City upgrades

Kiambu + Northern Bypass

Nithi bridge

Exactly what did Ruto secure? Please share a link?

[RV Pundit]

Close to 10B dollars investment - nearly 10% of our gdp.
Knowing these are china it going to be implemented.
SGR from Suswa to Malaba - hiyo ni kitu 500B.
Nairobi to Nakuru expressway - hiyo ni kitu 250B.
Kiambu road & Northern By pass expansion - hiyo ni kitu 50-100B.
Eldoret main road to be dualed and another by-pass - hiyo kitu 50B.
15 small roads - tuseme 50B ingine.
Unaona ni 1 trillion.

Exactly what did Ruto secure? Please share a link?

[Kadudu]

Sounds very good. We already have big issues in paying back the current debt. How will we pay back the 1 trillion new debt?

Close to 10B dollars investment - nearly 10% of our gdp.
Knowing these are china it going to be implemented.
SGR from Suswa to Malaba - hiyo ni kitu 500B.
Nairobi to Nakuru expressway - hiyo ni kitu 250B.
Kiambu road & Northern By pass expansion - hiyo ni kitu 50-100B.
Eldoret main road to be dualed and another by-pass - hiyo kitu 50B.
15 small roads - tuseme 50B ingine.
Unaona ni 1 trillion.

[RV Pundit]

Deni ni kidogo - most are PPPs.

Sounds very good. We already have big issues in paying back the current debt. How will we pay back the 1 trillion new debt?

[Njuri Ncheke]

You forgot talanta stadium, kasarani renovations,Ruto bloggers are sleeping on the job, actually screwball Ruto is doing something,lets see in 2 years what he will acheive
Ruto though has to break the bank and launch not less than 10 multi billion shillings projects in Meru, we hold him by the balls. We know he is counting on us as last ditch.effort,but we demand that.

[Nefertiti]

Link please.

Close to 10B dollars investment - nearly 10% of our gdp.
Knowing these are china it going to be implemented.
SGR from Suswa to Malaba - hiyo ni kitu 500B.
Nairobi to Nakuru expressway - hiyo ni kitu 250B.
Kiambu road & Northern By pass expansion - hiyo ni kitu 50-100B.
Eldoret main road to be dualed and another by-pass - hiyo kitu 50B.
15 small roads - tuseme 50B ingine.
Unaona ni 1 trillion.

Exactly what did Ruto secure? Please share a link?

[RV Pundit]

Nairobi river commission with 50,000 affordable houses;
Mombasa-Nairobi expressway next year.
AHP houses - not yet there.

Merus - naona Nithi bridge.
British let hope build 500,000 acre irrigation scheme in Tharaka Nithi with 1,000MW hydro.
That will be enough land to lift many poor Merus in drier parts from poverty
Mwea irrigation is 50,000 - including new extension - this will be 10 times bigger.

I dont know if Ruto will extend Marua to Nanyuki to Makutano to Isiolo -> as 2 lane - he should.

What else will Meru-Embu need?

You forgot talanta stadium, kasarani renovations,Ruto bloggers are sleeping on the job, actually screwball Ruto is doing something,lets see in 2 years what he will acheive
Ruto though has to break the bank and launch not less than 10 multi billion shillings projects in Meru, we hold him by the balls. We know he is counting on us as last ditch.effort,but we demand that.

[gout]

Indications are that no deals were concluded. Just MoUs with insane demands. Makes one wonder what we have been operating on since Kibaki days. What are these MoUs?

Memorandum of Understanding on Cooperation in the Railway Sector where there will be a review of the Railway sector laws, regulations and Policies as well as the development of Railway technical and operation standards. The MOU also seeks to guide the planning and subsequent advancement and development of railway infrastructure to cover locomotives, rolling stock and railway operational management as part of the multimodal transport;

Framework Agreement on Economic Partnership for shared Development which constitutes a collaboration on sustainable development of the manufacturing industry, agricultural transformation and improving Kenya’s competitiveness in the global market. The agreement will guide the facilitation of trade, inclusive growth, coordination of supply chain and the digital economy.
Memorandum of Understanding on Blue Economy, Fisheries and Maritime Affairs Cooperation whose objective is to enhance cooperation in Blue Economy, Fisheries, and Marine Affairs;
Memorandum of Understanding on Scientific and Technological Cooperation;
Cooperation Plan on Jointly promoting the Belt and Road initiative where both countries are willing to strengthen practical cooperation in areas such as infrastructure, trade and investment, digital economy, finance, education and talent cultivation, cultural tourism and people-people-people exchanges.
Protocol on Quarantine and Hygiene Requirements for Edible Aquatic Animals to be Exported from Kenya to China, meant to establish an effective food hygiene and safety management.
Cooperation Agreement between Kenya Broadcasting Cooperation and Xinhua News Agency of the People’s Republic of China on News Exchange with the objective of enhancing exchange and cooperation in the field of news dissemination;
Memorandum of Understanding in the Field of Capacity Development between the Kenya School of Government and National Administration Academy
Memorandum of Understanding on Joint Implementation of the 2025 Human Resource Development Cooperation Plan.
Memorandum of Understanding on Vocational Education Cooperation.
Memorandum of Understanding on Electronic Commerce that will see the enhancement of information exchanges on e-commerce laws and regulations; strengthening mutual trust in cyberspace; joint research and trainings geared towards e-commerce cooperations;
Memorandum of Understanding on Strengthening Digital Economy Cooperation.
Memorandum of Understanding between Ministry of Information, Communication and the Digital Economy and the State Council Information Office and the China Media Group allowing for News Exchange.
Framework Agreement of Cooperation in the field of Irrigation and Water Resources,

https://nation.africa/kenya/business/kenya-agrees-to-multi-way-funding-model-for-sgr-extension-to-malaba-5015788

[gout]

The bonoko experts were in a hurry to sign for 10% they forgot where 30% will come from.

Kenya is seeking a reversal of the proposal that demands it raises 30 per cent of the Sh581.6 billion ($4.5 billion) required to extend SGR to Malaba, a hurdle that could delay the mega project amid a cash crunch in government.

National Treasury Cabinet Secretary John Mbadi says Kenya is pushing for a funding model where the full funding will come from the Chinese.

At 30 per cent, Kenya was expected to raise Sh174 billion — an obstacle in a setting where the country revenues are consumed by debt repayments and salaries, leaving little for infrastructure projects.

Mashida ya kujiletea.

Expenditure pressures from the recent signing of collective bargain agreements with trade unions and the rollout of a new education system and the universal health care has meant that the country would struggle to fund development projects running into the hundreds of billions of shillings.

https://nation.africa/kenya/business/kenya-seeks-china-funding-waiver-in-sh582bn-malaba-sgr-plan--5055384

[RV Pundit]

I thought agreement was to securitize RDL - to raise that 30% - but if they get Etihad railway to do PPP fine

The bonoko experts were in a hurry to sign for 10% they forgot where 30% will come from.

Kenya is seeking a reversal of the proposal that demands it raises 30 per cent of the Sh581.6 billion ($4.5 billion) required to extend SGR to Malaba, a hurdle that could delay the mega project amid a cash crunch in government.

National Treasury Cabinet Secretary John Mbadi says Kenya is pushing for a funding model where the full funding will come from the Chinese.

At 30 per cent, Kenya was expected to raise Sh174 billion — an obstacle in a setting where the country revenues are consumed by debt repayments and salaries, leaving little for infrastructure projects.

Mashida ya kujiletea.

Expenditure pressures from the recent signing of collective bargain agreements with trade unions and the rollout of a new education system and the universal health care has meant that the country would struggle to fund development projects running into the hundreds of billions of shillings.

https://nation.africa/kenya/business/kenya-seeks-china-funding-waiver-in-sh582bn-malaba-sgr-plan--5055384

[gout]

The RDL is already committed to maintaining the NBI-MSA SGR and MGR and was planning critical last-mile connections to key customers.

The opaque SGR contract has made KR the most leveraged, technically insolvent parastatal. Bet Exim Bank and all potential financiers are asking hard questions and dragging their feet.

I thought agreement was to securitize RDL - to raise that 30% - but if they get Etihad railway to do PPP fine

The bonoko experts were in a hurry to sign for 10% they forgot where 30% will come from.

Kenya is seeking a reversal of the proposal that demands it raises 30 per cent of the Sh581.6 billion ($4.5 billion) required to extend SGR to Malaba, a hurdle that could delay the mega project amid a cash crunch in government.

National Treasury Cabinet Secretary John Mbadi says Kenya is pushing for a funding model where the full funding will come from the Chinese.

At 30 per cent, Kenya was expected to raise Sh174 billion — an obstacle in a setting where the country revenues are consumed by debt repayments and salaries, leaving little for infrastructure projects.

Mashida ya kujiletea.

Expenditure pressures from the recent signing of collective bargain agreements with trade unions and the rollout of a new education system and the universal health care has meant that the country would struggle to fund development projects running into the hundreds of billions of shillings.

https://nation.africa/kenya/business/kenya-seeks-china-funding-waiver-in-sh582bn-malaba-sgr-plan--5055384

[RV Pundit]

My thinking was we get 5yr grace period - takes us to 2030 - when other loan lapses (2032)
Yes - so GOK must have to get Etihad do PPP the last bit.
For now - they should concentrate on Kisumu line.

The RDL is already committed to maintaining the NBI-MSA SGR and MGR and was planning critical last-mile connections to key customers.

The opaque SGR contract has made KR the most leveraged, technically insolvent parastatal. Bet Exim Bank and all potential financiers are asking hard questions and dragging their feet.