In 2001, I operated a small Duka in Nakuru. In mid-December, Uchumi realised that they had over-stocked X-mas cards and Offered them at a big discount - sh20 instead of sh150.
I went and bought 3 dozen and sold them in my shop at sh50 a piece. Was that unfair?
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In the 1990s when Simeon Nyachae was minister for agriculture, there was a subsidy programme for maize. NCPB bought at sh400 and sold at sh300. Traders bought in the morning, re-packaged from NCPB branded bags and sold back to NCPB in the afternoon! Those with insider connections just got the paper-work signed without moving a single grain!!
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Subsidies are a waste of money!! They distort the market and create a simple avenue for theft
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Nothing is real unless it can be named; nothing has value unless it can be sold; money is worthless unless you spend it.