And yet Cde.Mugabe is painted a mad man for enforcing that all foreign business with a NAV of over USD500K be 51% locally owned ESPECIALLY MINES. NKT!! I have to admit that Western propaganda has been effective in pushing "West is best" but I am not taking in that sh*t anymore and neither should any African with a brain in btwn their ears!!

I think there is need to take stock of the economic benefits (both direct & indirect) of any projects undertaken and weigh those benefits against the cost of funding while undertaking the projects. I see a risk of getting into the default path when we undertake too many huge projects at the same time, without giving time to evaluate impact & contribution to the wider economy. So my take would be we prioritise projects - get those that handshake into each other and get them done at the same time; then give it sometime to see overall contribution. I am not too sure we are doing that today.

- When enter into a contract with a seller at said price and you have 2 years to clear the balance, i am paying the dude in Kes, but i am earning in AUD, I got into a contract at an exchange rate of 1AUD=80, and now 1AUD=93,...now the property looks cheaper to buy...

-The sad part is that the rental income will be peanuts to me...because my expenses are in AUD..

Agreed! In fact if you try to think of it from a business perspective, the capital cost are just too high and don't make sense for businesses to really feel the benefits of these projects. Instead of lowering the cost of doing business, we shall be increasing it since we need to service these loans.

Look at Konza City project (one of the vision 2030 flagship projects), we are basically building a whole new city just to attract BPO businesses, seriously, do we need a venture of such magnitudes at this point in order for the outsourcing businesses to take off? This is more about real estate than it has anything to do with technology.

If the idea is to see the emergence of technology companies in Kenya, they should conduct some due diligence to see that start ups never begin that big -typically they begin in the garage, school labs, dormitories and all the unlikely places.

Technology ventures are high risk ventures, you therefore don't want to start incurring high costs through renting "cool" offices etc at the early stage of the business.

Since i'm on a roll with Pan-africanism today..do find time & internalize the words of #Bob Marley - Redemption Songs... A visionary song by a great legend that makes sense now more than ever to the modern day African.