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Kenya economy: Chickens are coming home to roost.
kimugaman
#1 Posted : Saturday, August 01, 2015 7:39:17 AM
Rank: New-farer


Joined: 5/15/2015
Posts: 26
Lets do a quick recap.

1. A Government that is led by a prezzo who was for the first 2 years of presidency pre-occupied with "the other personal matter"

2. A third of money is stolen every year.

3. A new money sucking katiba MCAs Governors, MPs, Senators and their entourages


4. According to business daily in the 90s our exports could cover 74% of the cost of imports, vs. today only 31% of our exports can cover our imports.

5. We are importing almost everything.. soon even water will be imported.

6. Massive borrowing.

7. Those alshababist idiots.


Now, if nakumatt was a monopoly and operated the way Kenya Government operates, i.e lost 1/3 of revenue to theft, over paid senior workers and the ceo's attention was elsewhere handling a court case, they would go bankrupt.

Kenya economy is not superman or he-man or (for the ladies) she-ra. It can only take so much abuse.
VituVingiSana
#2 Posted : Saturday, August 01, 2015 11:40:40 AM
Rank: Chief


Joined: 1/3/2007
Posts: 18,121
Location: Nairobi
kimugaman wrote:
Lets do a quick recap.

1. A Government that is led by a prezzo who was for the first 2 years of presidency pre-occupied with "the other personal matter"

2. A third of money is stolen every year.

3. A new money sucking katiba MCAs Governors, MPs, Senators and their entourages


4. According to business daily in the 90s our exports could cover 74% of the cost of imports, vs. today only 31% of our exports can cover our imports.

5. We are importing almost everything.. soon even water will be imported. Check some stores and you will find that WATER is imported.

6. Massive borrowing.

7. Those alshababist idiots.


Now, if nakumatt was a monopoly and operated the way Kenya Government operates, i.e lost 1/3 of revenue to theft, over paid senior workers and the ceo's attention was elsewhere handling a court case, they would go bankrupt.

Kenya economy is not superman or he-man or (for the ladies) she-ra. It can only take so much abuse.

Greedy when others are fearful. Very fearful when others are greedy - to paraphrase Warren Buffett
Realtreaty
#3 Posted : Saturday, August 01, 2015 12:54:11 PM
Rank: Elder


Joined: 8/16/2011
Posts: 2,297
Sad I do not think what you describe on Prezzo has any weight. The Kenyan govt performed very well and much was achieved even with ringing bell with the two top principals having person matters (aka ICC). Nobody stopped investing in Kenya as result. Kenyans must know its them to invest not to wait for Foreigners to invest in our country as you push for it. Do Kenyans really invest in other countries or are we still bending too low to be beggers?
On MPs, MCAs etc its you wanjiku who should correct them, you elected them because you pocketed 500bob that fake morning to fill your tummy.
America borrows and lends, Kenya does the same and due to the fact that we are young economy we must borrow.America owes China, Europe owes china, Russia etc
There re no "chickens anymore" The problem lies with your expectations of being a begger waiting others to do it for you.


instinct
#4 Posted : Sunday, August 02, 2015 9:44:10 PM
Rank: Member


Joined: 8/17/2007
Posts: 294
Now, if nakumatt was a monopoly and operated the way Kenya Government operates, i.e lost 1/3 of revenue to theft, over paid senior workers and the ceo's attention was elsewhere handling a court case, they would go bankrupt.

#nuff said
Rahatupu
#5 Posted : Monday, August 03, 2015 10:59:12 AM
Rank: Veteran


Joined: 12/4/2009
Posts: 1,982
Location: matano manne
Wait till this distributive and wasteful Katiba is done.....mambo bado
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