Amesalenda

The.Black.Templar said:
www.bbc.com

Letter from Africa: Kenyans protest over growing debt

Kenyans urge potential lenders to stop giving the government money over fears of growing debt.
www.bbc.com www.bbc.com
We remember a time kenyans wrote to America and other lenders to stop dealing with uhuru and giving him loans, even international media covered it up...it was obvious the debt situation was going to result in higher taxes.
But anyway, people will pretend that things started going bad last month
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Problem started in 2015. I voted for Uhuruto in 2013 but discovered they weren't fit to govern. 2017 presented an opportunity to vote them out but people said Raila is not an option. Repeat elections were held between Ekuru and Uhuruto but they still voted for the duo. 2022 elections come and people are hoodwinked with policies like bottom up that nobody knows what they are.

In conclusion, yes the economic problem didn't start yesterday. But it has been made worse by this regime.

Before increasing taxes, have they cut wastage? No
 
Othello said:
It's only those who havent got those billions thru hardwork that will splash them the way they do here. Again, no sane person can spend his billions to campaign so as to get few millions as salary. So the goal of a politician spending billions in campaign is to loot billions as return.
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Now Kenyans want immediate gratification.
Kama hutoboki ukanyage kubwa.
 
Uhuru borrowed to fix kenya's infrastructure which has lead to increased economic growth. They were loans well spent.

1. Rural electrification - it has stimulated small businesses mashinani, all schools have power, rural shopping centres are well lit for business and security. Milk cooling plants and fresh produce refrigeration now available mashinani and has increased farmer incomes significantly.
2. Roads - new roads such as isiolo - moyale, garsen - lamu, voi - taveta etc have connected new regions to the rest of the country. Bypasses and expressways have opened new areas in urban areas for settlement and saved billions that could have been wasted in jams and lost time. Tarmacked rural roads have ensured produce gets to the market and eased travel.
3. Dams eg karimenu, expanded ndakaini, north collector tunnel, thiba dam, thwake etc have increased water accesss to urban areas and irrigation.
4. Water and sewerage projects have connected many urban areas to water and sewer improving the lives and health of millions.
5. Sgr and revamped metre gauge rail has eased movement of people and goods. Many lives saved due to reduced road accidents.
6. Expanded geothermal, wind and solar power plants increased kenya's power production to power the economy now and into the future. Kenya currently has one of the highest electricity penetration in the world and highly stable power.
7. Lamu port and lappset - has opened up a new transport and economic corridor.
8. 30 new boreholes and 24 new hospitals for nairobi have increased water and health access to millions of city residents.
8. etc
9. etc

Even my grandmother in the village has seen and can feel what hizo loans zimefanya and is grateful for uhuru's visionary leadership. The alternative was kukakaa bila loans and investments and remain forever in the stone age.
 
algorithm said:
Uhuru borrowed to fix kenya's infrastructure which has lead to increased economic growth. They were loans well spent.

1. Rural electrification - it has stimulated small businesses mashinani, all schools have power, rural shopping centres are well lit for business and security. Milk cooling plants and fresh produce refrigeration now available mashinani and has increased farmer incomes significantly.
2. Roads - new roads such as isiolo - moyale, garsen - lamu, voi - taveta etc have connected new regions to the rest of the country. Bypasses and expressways have opened new areas in urban areas for settlement and saved billions that could have been wasted in jams and lost time. Tarmacked rural roads have ensured produce gets to the market and eased travel.
3. Dams eg karimenu, expanded ndakaini, north collector tunnel, thiba dam, thwake etc have increased water accesss to urban areas and irrigation.
4. Water and sewerage projects have connected many urban areas to water and sewer improving the lives and health of millions.
5. Sgr and revamped metre gauge rail has eased movement of people and goods. Many lives saved due to reduced road accidents.
6. Expanded geothermal, wind and solar power plants increased kenya's power production to power the economy now and into the future. Kenya currently has one of the highest electricity penetration in the world and highly stable power.
7. Lamu port and lappset - has opened up a new transport and economic corridor.
8. 30 new boreholes and 24 new hospitals for nairobi have increased water and health access to millions of city residents.
8. etc
9. etc

Even my grandmother in the village has seen and can feel what hizo loans zimefanya and is grateful for uhuru's visionary leadership. The alternative was kukakaa bila loans and investments and remain forever in the stone age.
Click to expand...

But kina waiguru ate massively, she was just the tip of the iceberg. even kenyatta family was implicated in several scandals, Their was no goodwill from the executive to curb the wanton stealing, in fact they led it
 
wrongturn said:
But kina waiguru ate massively, she was just the tip of the iceberg. even kenyatta family was implicated in several scandals, Their was no goodwill from the executive to curb the wanton stealing, in fact they led it
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Although Waiguru is innocent, both raila and uhuru walisema ako safi kama pamba
 
algorithm said:
Uhuru borrowed to fix kenya's infrastructure which has lead to increased economic growth. They were loans well spent.

1. Rural electrification - it has stimulated small businesses mashinani, all schools have power, rural shopping centres are well lit for business and security. Milk cooling plants and fresh produce refrigeration now available mashinani and has increased farmer incomes significantly.
2. Roads - new roads such as isiolo - moyale, garsen - lamu, voi - taveta etc have connected new regions to the rest of the country. Bypasses and expressways have opened new areas in urban areas for settlement and saved billions that could have been wasted in jams and lost time. Tarmacked rural roads have ensured produce gets to the market and eased travel.
3. Dams eg karimenu, expanded ndakaini, north collector tunnel, thiba dam, thwake etc have increased water accesss to urban areas and irrigation.
4. Water and sewerage projects have connected many urban areas to water and sewer improving the lives and health of millions.
5. Sgr and revamped metre gauge rail has eased movement of people and goods. Many lives saved due to reduced road accidents.
6. Expanded geothermal, wind and solar power plants increased kenya's power production to power the economy now and into the future. Kenya currently has one of the highest electricity penetration in the world and highly stable power.
7. Lamu port and lappset - has opened up a new transport and economic corridor.
8. 30 new boreholes and 24 new hospitals for nairobi have increased water and health access to millions of city residents.
8. etc
9. etc

Even my grandmother in the village has seen and can feel what hizo loans zimefanya and is grateful for uhuru's visionary leadership. The alternative was kukakaa bila loans and investments and remain forever in the stone age.
Click to expand...
At what cost man? The construction of a dual lane road was roughly 35-45M per KM. But these roads used to cost 100M+. Someone who was supervising road construction in a certain constituency huku central told me the MP's share was 30M. CDF offers very little to steal. These infrastructural projects are the real cash cows.
SGR, design and costing was done during Kibaki's time. It was built at an inflated cost by almost 100B. Read about how they used to buy a printer at 900K. Grass costed millions. Ungui mutheri.

Euro bond: the auditor general said the money could not be accounted for. $2B borrowed when Ksh was at 87bob, repaying when Ksh will be at 170-190 bob.

In my home area, they constructed the a road so as to open up those areas. But the priority for the residence is water-for drinking and irrigation. Hiyo barabara saizi hutumika tu na nduthi mostly coz there is no enough traffic for vehicles. Gari utapata ni za asubuhi na jioni tu. Isn't it a misplaced priority?
I have no problem with infrastructure projects, or even making billionaires thru looting. But look, our stock market is crashing, interest rates are rising, and had it not been the evil IMF, it would be an automatic debt default- whose consequences are dire.
 
Othello said:
In my home area, they constructed the a road so as to open up those areas. But the priority for the residence is water-for drinking.
Click to expand...
So instead of Uhuru building you a road you wanted him to come and buy you a roto tank and put gutters on your roof so that can you harvest rain water for drinking?
 
algorithm said:
Uhuru borrowed to fix kenya's infrastructure which has lead to increased economic growth. They were loans well spent.

1. Rural electrification - it has stimulated small businesses mashinani, all schools have power, rural shopping centres are well lit for business and security. Milk cooling plants and fresh produce refrigeration now available mashinani and has increased farmer incomes significantly.
2. Roads - new roads such as isiolo - moyale, garsen - lamu, voi - taveta etc have connected new regions to the rest of the country. Bypasses and expressways have opened new areas in urban areas for settlement and saved billions that could have been wasted in jams and lost time. Tarmacked rural roads have ensured produce gets to the market and eased travel.
3. Dams eg karimenu, expanded ndakaini, north collector tunnel, thiba dam, thwake etc have increased water accesss to urban areas and irrigation.
4. Water and sewerage projects have connected many urban areas to water and sewer improving the lives and health of millions.
5. Sgr and revamped metre gauge rail has eased movement of people and goods. Many lives saved due to reduced road accidents.
6. Expanded geothermal, wind and solar power plants increased kenya's power production to power the economy now and into the future. Kenya currently has one of the highest electricity penetration in the world and highly stable power.
7. Lamu port and lappset - has opened up a new transport and economic corridor.
8. 30 new boreholes and 24 new hospitals for nairobi have increased water and health access to millions of city residents.
8. etc
9. etc

Even my grandmother in the village has seen and can feel what hizo loans zimefanya and is grateful for uhuru's visionary leadership. The alternative was kukakaa bila loans and investments and remain forever in the stone age.
Click to expand...

All those things were good and the benefits are tangible. But it was budgeted corruption
 
Othello said:
That aside. Higher taxes doesn't necessarily mean it solves our debt problem. Greatest problem here is currency depreciation. No matter how much revenue they'll collect, debt keeps growing by a bigger percentage. To be truthful we are so lucky not to have defaulted, and is guess the reason is coz most of the loan obligations so far have been ksh denominated. Ka ingekuwa dollar denominated, I guess that would be a different story.
Click to expand...
wonders will never cease, ati a rumuruti goat herder amekuwa analyst labda awe analist
 
Mongrel said:
wonders will never cease, ati a rumuruti goat herder amekuwa analyst labda awe analist
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Hehe, kumbe hio mbarambara he is complaining that uhuru built him instead of giving him water ni ile ya "maundu ni meri" which was part of the rumuruti - maralal road. Uhuru even built them the brand new kinamba-sipili-rumuruti rd. I thought he would be happy that he can now transport his tomatoes and onions to maralal, rumuruti and nyahururu very quickly on the smoothest road in kenya but he is here complaining that uhuru built him the road. Nani aliroga hutu tu**ge?

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