Ruto is Good

Denis Young said:
Just because it wasn't in the manifesto doesn't mean nothing can be done. The idea to digitize government services will ensure you are getting the service and the money actually gets to government. It will also enhance revenue collection as well. Curious to see the amount gov collects at the end of the year. The next step is fixing procurement and spending.

If they can seal these loopholes, they would have managed to make a significant dent on corruption.
Click to expand...
I agree with you. But it is worth remembering that it is not petty corruption that destroys countries. In fact, some petty corruption is essential for devt.

It is grand corruption that is the greatest risk. Barabara ya 1.5b kujengwa na 10b. Lopsided PPP projects worth billions of dollars. Dams that are paid for but never built.

You can automate all you want but if every time a Kenyan pays for electricity some mafioso in Paris or London benefits, then you are still ferked...
 
Field Marshal said:
I agree with you. But it is worth remembering that it is not petty corruption that destroys countries. In fact, some petty corruption is essential for devt.

It is grand corruption that is the greatest risk. Barabara ya 1.5b kujengwa na 10b. Lopsided PPP projects worth billions of dollars. Dams that are paid for but never built.

You can automate all you want but if every time a Kenyan pays for electricity some mafioso in Paris or London benefits, then you are still ferked...
Click to expand...
100% agree. Isn't this what we were complaining about, even with the express way? Yes, Uhunye built many roads, they look good but most of them were overpriced for obvious reasons and built on debt.

Now we are here. All projects that have not been initiated are on hold. Those that are incomplete are under review and will be completed using an infrastructure bond.

There seems to be a plan to restore normalcy in that department but I will be naive to expect zero corruption in this area.
 
Field Marshal said:
It is grand corruption that is the greatest risk.
Click to expand...
Because of the opaque way in which the deal was procured, experts maintain that Kenya’s largest highway tolling project was likely to end up in an unstable concession that will require constant renegotiation as risks not flashed out and settled during the procurement and negotiations stages happen in the future...
 
mzeiya said:
Because of the opaque way in which the deal was procured, experts maintain that Kenya’s largest highway tolling project was likely to end up in an unstable concession that will require constant renegotiation as risks not flashed out and settled during the procurement and negotiations stages happen in the future...
Click to expand...


160b really sounds like an overstretch considering that there's a lot of road reserves space, no tunnels being constructed, no rivers etc. We normalized big sum contracts such that 1 b feels like it can't do much yet it's a lot.
 
wrongturn said:
160b really sounds like an overstretch considering that there's a lot of road reserves space, no tunnels being constructed, no rivers etc. We normalized big sum contracts such that 1 b feels like it can't do much yet it's a lot.
Click to expand...
This is the kind of corruption that consigns a country to the dust bin. I first detected these kind of shenanigans in the Uhuru govt around 2015/2016. If you read my posts in KTalk then I started expressing serious reservations about the drunk - he was very good at launching grand projects but very poor at costing or following through. We entered a wild west of sorts where everything went.

You think of Turkana Wind Power for example. So far, if I am not wrong, Kenyans have paid the faceless investors nearly 20b - repeat, 20BILLION - in fines eti Keytraco didn't build the evacuation line on time. The contract to build the line had been awarded to a shady Spanish through a very bad contract. All the Spaniards had to do was connive with the owners of TWP, who had incidentally been given 250,000 acres free land, to make money through the fines!

In many ways Uhuru was a disaster....
 
Field Marshal said:
20BILLION
Click to expand...
It's in this era that the word "billions" has been thrown around so much that most of the citizenry fails to realize just how incredible an amount a B is. So much more could be done with such wasted funds.
1673942956391.png

Inauma sana.
 
mzeiya said:
It's in this era that the word "billions" has been thrown around so much that most of the citizenry fails to realize just how incredible an amount a B is. So much more could be done with such wasted funds.
View attachment 83280
Inauma sana.
Click to expand...
Aviator said:
And of you spent 100k daily, a billion would last 27 years
Click to expand...
The overwhelming majority of Kenyans have not held 100k in cash in their hands. They can't appreciate what a million is, let alone 100m or 1b.

Which is why, by the way, most can't handle windfalls. I have an acquittance who was four/five years ago was compensated Sh18m pale Zambezi for the expansion of A104. Kidogo kidogo he sold a quarter there for another 10m. That's a ferking cool 28m, money which hata in the US qualifies you to be upper middle class.

Today all the guy has is a beat up lori, an acre in Fly Over and an old Mitsubishi 4-wheel SUV. All valued at about 4m. Even he says he doesn't know where the millions went.

You see, to the average peasant Sh10,000 is the same as Sh1m. Sh1m is the same as 1b. Akitumia any of them in a day ni sawa tuu, bora kuwe na balance bank. Before he knows it it's all gone.

Ukipatia mtu kama Ka-Dynasty Sh28m even at his young age and you come back after 10 years you'll be dealing with a dollar birrionea...because he knows and appreciates money

Niweke you little twat? 😂 😂 😂 😂
 
Last edited:
Field Marshal said:
I have an acquittance who was four/five years ago was compensated Sh18 m pale Zambezi for the expansion of A104. Kidogo kido he sold a quarter for another 10m.

Today all the guy has is a beat up Lori, an acre in Fly Over and an old Mitsubishi 4-wheel. All valued at about 4m. Even he says he doesn't know where the millions went.
Click to expand...
28m is enough money to change one's life forever. Ata ukitoa suckers ya 3m through acquiring a car (1m), side chick (500k) and drinks (1.5m), bado utabaki na 25m. Ukiweka kwa sacco utakua ukipata 3m annually, which you can be withdrawing at 250k monthly.
 
Aviator said:
28m is enough money to change one's life forever. Ata ukitoa suckers ya 3m through acquiring a car (1m), side chick (500k) and drinks (1.5m), bado utabaki na 25m. Ukiweka kwa sacco utakua ukipata 3m annually, which you can be withdrawing at 250k monthly.
Click to expand...
Not many people even appreciate MMFs, T-bills and bonds. No wonder this is a headline in today's Business Daily
1673947397870.png
 
You must log in or register to reply here.
Back
Top