Wana weza mgeuka mbaya

The days of easy access to the Chinese capital are now officially over.

Lending by the China Development Bank and the Export-Import Bank of China collapsed from a peak of $75 billion in 2016 to just $4 billion last year, according to data compiled by researchers at Boston University.

This couldn't come at the worst time for many African countries who'll likely be forced out into the bond market to borrow money often at much higher rates.

As for the major multilateral lenders, well, the U.S. and Europe probably won't support huge capital injections into the World Bank and IMF to expand access financing given that their coffers at home are now running low following trillions of dollars of stimulus spending.

Borrowing money is just going to be a lot more difficult for developing countries in 2021.

Source: Eric Olander On LinkedIn

Link:https://www.linkedin.com/feed/update/urn:li:activity:6741962953165213696/

Source Article from the Financial Times.

Link: China curtails overseas lending in face of geopolitical backlash

Unavailable & away are 2 different things.

Plus WSR being incharge are fertile imagination, we know what transpired with Dr. Karanja.

We learn from the past.

And don't tell me Constitution, hiyo ni karatasi tu, practical/reality is different _ kwa grounds!!!

Baaasss Nî Gîa Kũgũrũ Kũu Wa Jomo.

Kinyîra O hau Ithe Wa Ngîna!

Andũ a matatũ nî machina thigũkũ îno

Kenya Railways Corporation will Friday (11 December 2020) restart commercial passenger service on the Nairobi-Nanyuki line after more than two decades, offering competition to public service vehicles that have dominated the central Kenya routes.

Commuters travelling from Nairobi to Nanyuki will pay Sh200 fare on second class coaches and between Sh50 and Sh100 for inter-terminus trips that will serve Murang’a, Makuyu, Maragua, Sagana, Karatina, Kiganjo, Chaka and Naromoru stations.

Matatu operators that ply the route such as 2NK charge Sh600 on a single trip.

Cargo operations on the rehabilitated 240-kilometre Nairobi-Nanyuki started in August and targets goods like fuel, fertilisers, hardware, cereals and other farm produce.

Kenya Railways is also targeting business people and leisure travellers.

Source Link: Passenger rail service to central Kenya starts. WEDNESDAY DECEMBER 09 2020

Even you know that is a big lie , power is absolute!!!

WRS will continue tangatangaing in churches and funerals.