Let's hope so brother. With covid you just never know. I'm pretty sure either Lamu Port or Msa port will go to China in the coming couple of years and GOK will of course blame it on covid. How do you give tax cuts to everybody, cause mass unemployment and then expect to pay those commercial loans to China. Uphill task if you ask me.

Not unless the kickbacks had a "force majeure" clause too.

It was timely today y

Na hii njaa ya Corona

You are ahead of the curve, brother. This is the mystery most human beings waste their whole lives never understanding.

An employee (even a CEO) trades time for money, which is a losers game. Sadly 99% of humanity is traped here or (wittingly or unwittingly) aspires to be trapped here. I would venture that 95% of Wazuans are here. Trading time for money means the chance of scaling up is next to zero. No matter how much you produce, mshahara ni ile ile (heavily taxed!) Only the top CEOs are able to get ahead but they are just a handful and it took some 30 years to get to where they are.

A self employed business owner stuck in his/her small tu shop or business or farm is an employee on steroids because they are trading even more of their time for money! They get in first and leave last. But their advantage over an employee is that their upside depends on their effort, talent and interpersonal skills. They will 9 times out of ten make more than most employees due to this but barely so. His/her business however is not scalable without drastic investments/changes so they usually remain here for life.

A true, conventional business owner has broken free from trading time for money trap that 99.99% of humanity grinds souls and teeth to. He is able to leverage OPM and OPL (Other people's money and other people's labour) to mint big. An example would be Chris Kirubi. All his businesses are run by professional manager. When he was ailing in US they were still running shwaaaa and people were listening to Capital FM nywee without missing a beat. He does not trade time for money, but he actively checks on his businesses and perhaps makes active decisions, attends board meetings and so on. That's where the power lies - not trading time for money.

A 100% investor is even a notch higher than Kirubi. Not because he has more money (he probably doesn't) but trades time for money at the 0% level. These are the guys you see riding their bikes at 9am on Uhuru Highway nywaaaa heading to Aberdares or who knows where while others are rushing to their slavery gigs. Or taking a plane to go to Ethiopia fuaaa just to taste the coffee there for the weekend. Least taxed, no activist involvement whatsoever, 100% control of their time and income increasing at an increasing rate despite it all. Less than 0.00001% of humanity ever gets to this stage nor can they because they have been trained in the schools to be zombies who do not question why life is designed the way it is and why a paycheck of crumbs is dangled before them as the ultimate prize in life.

Ujumbe ndio huo huo tek et or leave et

Wanahisa are even more sooper-ndoomed than plain employees because they have zero control over both time and their investment. As you know the I in Kiyosaki's CFQ stands for INSIDE investor meaning a guy like Kirubi, who controls Centum, investing in Centum hisa. Joe blow sitting in his creaky office chair staring beady-eyed at his screen trading KCB ako na control ngani? None!

[quote=Bree]Am getting IFB1/2020 at 11.05% , is it a good deal or there’re better rates out there. (Newbie in bonds seeking advice).

Thanks[/quote

It's 10.2% for six years.Not bad under the circumstances.

Do they seek your consent to do this?

Sorry,
They are not swapping the 2236/364 T Bill for the IFB.
Somehow, the new bond is only available to holders on the maturing T Bill,
I wonder why?

Wah! Leo ni kunyorewa bila sabuni!