Ndii on the Elephant: it's the economy, stupid.

[Dear Mami]

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[Kim Jong-Un's Pajama Pants]

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Fixed that for ya.  Ndii is always an interesting listen.  If he so chose, he could easily be feasting with the rest of GEMA elites, but he has that rare quality called principles(whether one agrees with him or not).

[MOON Ki]

Fixed that for ya.  Ndii is always an interesting listen.  If he so chose, he could easily be feasting with the rest of GEMA elites, but he has that rare quality called principles(whether one agrees with him or not).

Very principled, and smart as hell.   The interview-lady too is something else ... in a somewhat different way ... I could watch and listen to her all night.

[vooke]

Power is money: How Brookside is milking farmers and consumers.  #nasaeconomicboycott #resist pic.twitter.com/mElM3ISEzF

— David Ndii (@DavidNdii) November 6, 2017

How come retail price for processed milk varies by no more than 10/-?
How hard is it for other producers to undercut Brookside monopoly profits?
Seems like an extreme case of desperation, attempting to reach out to his kinsmen with fancy conspiracy theories; Jomo stole your land, his son is stealing your sweat

[RV Pundit]

He is an idiot.Cant waste my time listening to his politics disguised as economics.This guy who Equity fired for predicting doom and gloom.That was his last and first job as an economist outside ivory towers and consultancy....now he into civil society and poltics.

[hk]

I am not convinced that the reason why informal sector is so big is cause somehow the formal sector industries are focused on return on capital. Or industries are dominated by one or two companies. I think informal is big cause
1. There are no dominant companies that have consolidated sectors.
2. There are hindrance to getting formal i.e taxes from corporate tax of 33% to PAYE which starts at the measly 14k salary. 
3. No or not enough disruptive companies being started to become big enough to be formal.
We have a rapacious government that's taxing everything then following the classic liberal model of tax and spend. Ndii raved about milk ATM that were suppose to break up Brookside monopoly http://www.nation.co.ke/oped/opinion/Western-Kenya-Sugarcane-Farming/440808-2850410-12agn4p/index.html, .  He also argues that is very easy to make the kind of products Bidco makes which is true but just because its easy to make something doesnt mean that another company can easily replicate their success. Otherwise there wouldn't be P&G or Unilever of this world.

[RV Pundit]

I think large informal or black market is due to poverty. Our economy is simply too small to generate enough formal jobs.There isn't really any quick fix to this. The real fix is to grow the economy - and to over time move people from informal sector to SMES and to have our few SMES moving to becoming large companies or MNCs. We are doing well in wholesale & retail - supermarkers - before the shit hit the fan on Uchumi & Nakumatt - there is still a long way to go. The same with transport & other sectors.

The solution remain to grow the economy so informal sector become SMEs.

In any case I have seen data showing earning in Kenya's informal non-farming sector matches formal jobs - of similar education levels.

I am not convinced that the reason why informal sector is so big is cause somehow the formal sector industries are focused on return on capital. Or industries are dominated by one or two companies. I think informal is big cause
1. There are no dominant companies that have consolidated sectors.
2. There are hindrance to getting formal i.e taxes from corporate tax of 33% to PAYE which starts at the measly 14k salary. 
3. No or not enough disruptive companies being started to become big enough to be formal.
We have a rapacious government that's taxing everything then following the classic liberal model of tax and spend. Ndii raved about milk ATM that were suppose to break up Brookside monopoly http://www.nation.co.ke/oped/opinion/Western-Kenya-Sugarcane-Farming/440808-2850410-12agn4p/index.html, .  He also argues that is very easy to make the kind of products Bidco makes which is true but just because its easy to make something doesnt mean that another company can easily replicate their success. Otherwise there wouldn't be P&G or Unilever of this world.

[patel]

Seconded...

Fixed that for ya.  Ndii is always an interesting listen.  If he so chose, he could easily be feasting with the rest of GEMA elites, but he has that rare quality called principles(whether one agrees with him or not).

Very principled, and smart as hell.   The interview-lady too is something else ... in a somewhat different way ... I could watch and listen to her all night.