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Is this where Kenya is headed ?
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murchr
#11 Posted : Sunday, August 17, 2014 5:50:11 PM
Rank: Elder

Joined: 2/26/2012
Posts: 15,980
tycho wrote:
Are these the same people who were celebrating Mutua's development agenda crying 'Mutua for President' and 'PK for running mate'? Or is it the other way round?

Ok, let's wait for newspaper reports and analyses to wake up. Lol, someone is even saying we should have savings in dollars! We need more dollars to pay our debts and get imports.

The water is boiling and the poor frog has no clue.


Your biggest problem is that you never have any ideas just critism. Mutuas projects are making money go look at the numbers. Our biggest problem is most of the money made is used up to pay salaries and allowances, consultants and ghost projects etc. Look at the irrigation project started last year, several billions were spent on it yet we're about to face another drought. We need more income generating ventures. Kenyans are very poor implementors
"There are only two emotions in the market, hope & fear. The problem is you hope when you should fear & fear when you should hope: - Jesse Livermore
.
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wanyee
#12 Posted : Sunday, August 17, 2014 5:59:47 PM
Rank: Member

Joined: 7/17/2011
Posts: 627
Location: Mbui-Nzau, Kikumbulyu
He is a well known hired and paid-for ..pen assasin his views and a series of shots are a well arranged series of apathy situationships descriptions aimed at illustrating hopelessness that is cultivated to apease...a given tribal god's followers to keep faith as they wait for his messianic rule..and also to those who think the political conman's rulership will be the magic silver bullet that will kill all ills in Kenya...how sickening
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sparkly
#13 Posted : Monday, August 18, 2014 2:12:42 AM
Rank: Elder

Joined: 9/23/2009
Posts: 8,083
Location: Enk are Nyirobi
To some, the glass is always half empty, while to others its half full.
Life is short. Live passionately.
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Mucene
#14 Posted : Monday, August 18, 2014 9:39:54 AM
Rank: Member

Joined: 8/4/2012
Posts: 155
Location: Kenya
lochaes wrote:
Sounds like an excerpt from the 'Confessions of an economic hitman'


Ghana's major problem was increasing in recurrent expenditure which was funded by borrowings. Kenya's borrowing on the other hand is to fund infrastructure projects which we need for economic growth

The article focuses a lot more on numbers than percentages presumably for maximum effect, but any self respecting economic analyst should understand that percentages give the real "health" or otherwise of an economy.
If you don't want to go to plan B have a good plan A.
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tycho
#15 Posted : Monday, August 18, 2014 9:57:10 AM
Rank: Elder

Joined: 7/1/2011
Posts: 8,804
Location: Nairobi
murchr wrote:
tycho wrote:
Are these the same people who were celebrating Mutua's development agenda crying 'Mutua for President' and 'PK for running mate'? Or is it the other way round?

Ok, let's wait for newspaper reports and analyses to wake up. Lol, someone is even saying we should have savings in dollars! We need more dollars to pay our debts and get imports.

The water is boiling and the poor frog has no clue.


Your biggest problem is that you never have any ideas just critism. Mutuas projects are making money go look at the numbers. Our biggest problem is most of the money made is used up to pay salaries and allowances, consultants and ghost projects etc. Look at the irrigation project started last year, several billions were spent on it yet we're about to face another drought. We need more income generating ventures. Kenyans are very poor implementors


How do you know I have no ideas, and just have criticism?

But still, do you have any ideas then? Minus criticism?

Hahahaha!
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tycho
#16 Posted : Monday, August 18, 2014 10:00:06 AM
Rank: Elder

Joined: 7/1/2011
Posts: 8,804
Location: Nairobi
wanyee wrote:
He is a well known hired and paid-for ..pen assasin his views and a series of shots are a well arranged series of apathy situationships descriptions aimed at illustrating hopelessness that is cultivated to apease...a given tribal god's followers to keep faith as they wait for his messianic rule..and also to those who think the political conman's rulership will be the magic silver bullet that will kill all ills in Kenya...how sickening


Hahahaha! Create a straw man to cover for your ineptitude.
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tycho
#17 Posted : Monday, August 18, 2014 10:02:47 AM
Rank: Elder

Joined: 7/1/2011
Posts: 8,804
Location: Nairobi
Mucene wrote:
lochaes wrote:
Sounds like an excerpt from the 'Confessions of an economic hitman'


Ghana's major problem was increasing in recurrent expenditure which was funded by borrowings. Kenya's borrowing on the other hand is to fund infrastructure projects which we need for economic growth

The article focuses a lot more on numbers than percentages presumably for maximum effect, but any self respecting economic analyst should understand that percentages give the real "health" or otherwise of an economy.


Kweli this is Africa.
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Angelica _ann
#18 Posted : Monday, August 18, 2014 11:05:04 AM
Rank: Elder

Joined: 12/7/2012
Posts: 11,937
I am no guru but i think we are slightly better off since in our borrowing, a good percentage goes to development expenditure e.g. railway, energy, irrigation etc. if the projects are implemented well ie as per plan then they will support the payment of the loans.

Let us think positive and act positive! If gava fails, it is not jubilee to be hurt but poor souls along the line ..... me included!
In the business world, everyone is paid in two coins - cash and experience. Take the experience first; the cash will come later - H Geneen
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maka
#19 Posted : Monday, August 18, 2014 11:09:04 AM
Rank: Elder

Joined: 4/22/2010
Posts: 11,522
Location: Nairobi
Angelica _ann wrote:
I am no guru but i think we are slightly better off since in our borrowing, a good percentage goes to development expenditure e.g. railway, energy, irrigation etc. if the projects are implemented well ie as per plan then they will support the payment of the loans.

Let us think positive and act positive! If gava fails, it is not jubilee to be hurt but poor souls along the line ..... me included!


BuT why should they fail then I suffer for it...there is no room for failures in this world.
possunt quia posse videntur
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simonkabz
#20 Posted : Monday, August 18, 2014 11:29:27 AM
Rank: Elder

Joined: 3/2/2007
Posts: 8,776
Location: Cameroon
Argh kumbe its that Ndii fellow? The same guy who trashed the SGR as our neighbours zoom past with theirs? Ignore button pap!
TULIA.........UFUNZWE!
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