It is clear that the Treasury and CBK have failed Kenyans. The Governor blamed the treasury for failure to manage its fiscal policies. Similarly the Minister says its the work of speculators (including commercial banks)- meaning he blames CBK for not whipping the concerned banks.
And on record, it is said that both were proponents of weak shilling (can someone confirm this?)

It is well understood that Fiscal and monetary policies are intertwinned. Both must support each other for a stable economy. The CBK is under finance docket and also acts as Government Banker. CBK also directly advises the treasury on fiscal issues.

This are the two key institutions in Kenya's financial system. It is time for both to step down. They have failed in their duties and its not over yet.

If you asked me, they should be arraigned in court for failure to act, also the entire MPC should be on the dock with them.

We have had this wrong assumption that we Kikuyus are the only ones who can manage Kenya's economy.
Hopefully this duo has knocked that idea off for good.

Economics is a complex subject and in most successful economies, you appoint a mixture of non-ideological intelligent economists and successful business people. Neither of these can claim to be either.
Finally, it was silly of General to keep Muigai as FinMin when he has the ICC thing hanging over him...

Wacheni witch hunting. Didn't u enjoy the monetary expansion? Bought cars, plasmas, holidays, plots e.t.c now its cooling off time. Review ur lifestyle. only you can do it.

We are in very tough economic times. Some time back only the poor were feeling the pinch, now most of us are feeling it. If Kibaki really cares about his legacy, he should personally take charge or people will associate his reign with high cost of living