This is madness...

Molotov cocktail it shall be. The stage is getting set with mpc well trained eyes shorting the market with bps hike, TSC roughing teachers with no increments and no salaries: a political stage inadvently being set, weather man calling shots with el nino or elu_niko na yangu or as u may wish, cbk/treasury growing apetite for chums n further realigning wanjiru's shallow sukumawiki pockets or, imfs fuel vat proposal shall break the messager's back, and politics will do the rosaries hata hi_cc wanataka shareholders yao isiguswe. Hapa tunaitaji mzee masapile na hicho kikombe chake cha kunyua tu maji. It will come in hardy that time.

The average JOE in Kenya cannot reclaim his vat , so this means if old JOE whose income is say 20 K a month at the time this is implemented looses another 5 bob on fare hikes twice a day on his commute in and out of work , then he spends and extra 30 bob a day at the dukas but has bought nothing more than he did before and his power bill has also risen 500 shillings because of the VAT charged on the fuel levy . In reality JOE is 1800 shillings worse off than he is today.

Multiplier effect throughout the country's workforce and further job losses as the transport sector and production sector become more expensive. Kenyas competitive advantage will be nil compared to other markets

16 % VAT on fuel would be a CATASTROPHIE

Any dangers that the gaament could default in meeting the end of the bargains once the Domestic Tbill and Bonds mature next year?
Has it ever happened in the +254 republic?

okay.

Monthly repayment will remain the same but tenure will be increased by 22 months

Ask jubilee government.
We are in this mess coz of high tbill and bond rates

I like the sarcasm in the video.

Refer back to 1992 and the state of the economy then.

To jerk your mind , interest rates were at 40%.

Now research

The president does not get it. His latest directive in vetting KRA officers is like shooting the goose that lays the golden eggs. It will create unnecessary tension and witch hunting within KRA and cause collection to drop even further. He needs to seriously cut back spending, especially pointless entertainment and travel, county level extreme corruption and so called infrastructure white elephants that are gobbling cash without tangible results I.e Konza city, galana, SGR. Reduce counties to 11 if need be to cut costs. If not I agreed we are going to sink so fast in debt and be an African Greece in waiting!!