Manze it's mid April and no sign of rain kabisa....

We live in a country where diaspora remittances makes up one of the top 4 earners, even higher than manufacturing many a time. I have never understood this, hii Kenya tuko na mashida!!!

Two quick questions.....

1. Is this growth due to what Jubilee Govt. has done?

2. Is there a correlation between Uhuru's Kenyatta govertment and this growth or is it a fluke?

What does this re-basing of GDP mean to Mwananchi at grassroots?

LINK

Notmuch in Uganda. I think I have seen rains not more than 5 times (days) since last month.

EA is in big trouble.

Rebasing is to allow more debt to be taken.
Now countries are being classified according to debt distress level.
Mwananchi at grassroots will get poorer and poorer and poor government services

Are you suggesting that this is a fluke and that Uhuru's government has no hand in this growth? Kumbe It is all guesswork and pata potea and wa-Kenya wa endelee kula jeuri yao style hiyo hiyo

For those who struggle to understand the difference between GDP and GNI, the meaning of Debt-To-GDP etc, here is a simple set of informal criteria to look for in order to understand that the Kenyan economy is irredemably red hawtt:

- Buildings under construction per street. I have already explained this many times before. The more there are in an economy, the more red Hawtt it is.
- Number of slayqueens: self explanatory
- Number of capital goods vehicles ( tippers, trailers with containers, Miguu kumis, tractors, excavators, bulldozers, pick ups etc) - which add to the productive capacity of the nation -on the streets. In Jewel in the Crown (Kitengela) you might be shocked to observe that every third vehicle is one of these.
- The number of American diet outlets that have invaded the economy. KFC and Burger King do not land on any Third World countries that do not have a significant and sustainable middle class mass
- The number of fat people in the slums. Yes, obesity may be a disease of the poor in the West, but in a developing economy it shows how far an economy has moved away from basic food needs. A fat person in the slums is obviously food secure even if they may still be looking for employment
- The number of new cars on the road. Despite massive investments in infrastructure, the cars keep multiplying with no end in sight
- Rapidly rising home ownership levels. Owning ones own home is the cornerstone to wealth building, financial and emotional security. The average middle class Nairobian owns their own home and I am not talking members of payslip nation
-Gambling nation. Signals massive amounts of free cash swirling around the economy.
- Swelling KRA revenues which leads to swelling budgets which leads to a swelling economy in a juicy spiral that is good for all
- Floods of highly educated youths looking for jobs. Yes, university is the ladder for all to ascend to the middle class. A smart graduate is one who creates a job for themselves if they can't find one. Those who spend their lives dreaming that another human being or government entity owes them a job simply because they are smart and have a degree are doomed to airtight poverty while marking time in the same spot
- News stories become micro vs macro as increasingly affluent economy wants no one left behind. Ivy Wangechi and Jowie become news stories. This would be unthinkable in impoverished nyayo 80s or 90s. This is a mark of all prosperous economies
- flood of inward immigrants. Burundian, south Sudanese, Ethiopians, Ugandans, drc'rs etc. This is inevitable in a dominant economy. There is a reason Nigerians are flooding Thika road suburbs and refusing to go back to Enugu.
- Western FDI flooding in with force. Your economy isn't red hot until Google, Oracle and counting all make your capital the continentwide hq of their outfits
- street kids on glue with Nike sneakers. Dirty or not.
- Lottery winning of millions of dollars
- Diasporans start leaving the West in droves given opportunities and amenities are getting better than even in the West slowly but surely.

Ni Hiyo Maoni yangu tu.