Wooi Kenya will soon have more billionaires than Nigeria which has a population almost 3 times its size. And i'm not saying I support corrupt people. I am saying it from the perspective that economically, the number of billionaires in any economy directly correlates with the size of the middle class in that economy. Kenya has an OVERSIZE middle class for its numbers compared to most African countries, and that middle class is the bedrock of any booming economy for obvious reasons : self-sustaining domestic demand. This is why those hoping for an economic "downturn" any time soon might be waiting for Godot.

Woi, Baringo-Silali strikes steam. First new steamfield outside the traditional Menengai/Olkaria area. Cheap 3000 MW additional energy coming for Kenya.

"Perhaps this is the biggest story coming out of this country moving forward." -- William Kamket, MP Tiaty.

Poor doomsayers!

Ndii seems to have nailed it on the SGR. I await the audited financial statements.

Ndemo is blowing hot air unless this is a sarcastic article/view.
1) A few malls catering to the 5% of NAIROBI's economy does not mean the country is doing well. I have shares in Centum but even I admit the foot traffic at Two Rivers on a weekday is

2) Food imports over $1bn+? Who is buying the fancy cheeses and grapes in Carrefour? 95% of Kenyans? Or the Europeans spending their Euros on European foods?

3) Four new malls selling a lot foreign goods. Not 4 new factories making goods for export. The Japanese should employ BN to jumpstart their economy.

4) Does BN want us to produce fake goods? Who will we sell them to? The Chinese/Bagladeshi/Indians sell us fake medicines. In his view, is it better we manufacture and sell ourselves fake meds?

And most of all... has this guy run a real Biashara?

@vvs
You are better off ignoring the chap,some things are so obvious and don't need explanations

A Kibaki era minister from the happy valley announced to the whole world that they had the Chinese contractor do the feasibility study. Strange that an educated man, and a whole minister at that, couldn't or chose no to see the conflict of interest.

VVS,
Like our good friend Oxford Ndii (who has his owners abroad in Britannia) I can tell that you are definitely an A student

I will ask you the same thing I would ask Ndii

1) Who said public goods are supposed to turn a profit? How much have we earned in profits from Uhuru Highway? Sasumua dam? Ruai Sewerage Works? And please do not mention politics or parties in your answer. Politicians can say anything at election time, they can even promise you laptops that fly you to the moon. SGR is an economic project that is a public good. How many trillions of shillings in economywide spillover benefits in terms of jobs created (over 40k in direct jobs in phase one construction alone), efficiencies generated, domestic tourist numbers in the coast boosted, etc etc -the list goes on and on- has SGR generated? Ndii is VERY QUIET when prodded to respond to this.

2) On debt. Who lied to Oxford Ndii that at the macro level an economy should not borrow to develop? Marshall Plan anyone? Financing of early America by the European banking dynasties anyone? Rebuilding of Japan after the war, anyone? Wake us up when GoK DEFAULTS on that debt, which so far, all the agencies domestically and abroad including the WB and IMF say is sustainable.. Especially given our red hawtt 5% GDP growth rates. BTW how did you guys think we are growing at such rates without both borrowing and SGR? By magic or michezo za kuigiza?

3) About sijui feasibility studies, RDL and forced use LOL! Have you been to other economies? They are WORSE monopolies that force their citizens to do all sorts of things. Obamacare for example is FORCED HEALTHCARE upende usipende. You can actually get fined for not enrolling. Yet I do not see Oxford Ndii complaining there. Try applying for KCB to have a license to open a branch in NYC ...waaaapi ? US Citizens are FORCED to use only allowable domestic banks. Look at the license to fly into NYC for KQ. How many decades did it take to come through? Even then, can KQ fly connecting flights to other US cities? Nope! Because the US population is FORCED by default and by law to monopolise domestic airlines. Whoever lied to you guys that such economies are capitalistic in nature deluded you. These economies are as socialist and anti-competition as it gets! But they have propagandised the world into thinking they are the beacons of not only capitalism and democracy but human rights (even as they detain without trial at Guantanamo Bay and block all foreign competition from competing in their domestic markets fairly.) Look at Europe and farm subsidies. Does that sound like capitalism to you ? Mambo za feasibility studies na RDL are small operational matters that are water under the bridge bradza. Much like those who complain all day that SGR seats are not comfy. You cannot please everybody all the time. Cha muhimu is that SGR continues to grow in volumes daily!

SGR will reach Kisangani and even beyond my buroddah. You have failed to see the bigger picture. SGR is not just a domestic project but a key plank of OBOR's master plan. Do not let the peni mbili news stories and media wailing fool ya. Remember when media cried for weeks that SGR was dead and would stop at Naivasha because Chinaman "refused" after PORK's "failed" visited to Beijing waaapi? Oxford Ndii was VERY HAPPY with the news. Yet SGR will plow on all the way to Uganda and then Kisangani. Watch this space. We can settle with a mbuzi and I hope you won't deliver one of the "hardwood variety"

Shalom

I am a first hand witness of this project. People said that Jubilee will forget about LAPSSET once Mzee Kibaki is gone but alas the progress is there for all to see.

I am today making a call on Kuruwitu stock listed on NSE/casino. Kuruwitu sits on prime land hapo LAMU port. They have zero madeni on their books.Sooner or later the value of this zombie stock is gonna be unlocked violently.