Well, I think the political over haul(which is long overdue) is one thing, and the economy and its growth path is another, they could be related but lets consider them different to avoid complexities. The thread was initially about the economy and its sustainability.

Now, when you look a little beyond your own money making opportunities (share etc) do you really think that we are able to finance the projects we are currently undertaking without the risk of taking Kenya to the default path in years to come?

When you say property is cheaper, with the high inflation rate is it really cheaper?

@Barrywhite,

BTW i like Barry White music, God rest his soul.

The government needs to prioritize the projects..

-Inflated quotes and pricing the projects in USD or Chinese Yuan is just screwing ourselves twice..

Unfortunately, we have debt that are inflated priced on foreign currency.

And why cant government train local people and do a hybrid, 2% foreign nationals only and rest of project 98% locals ...

It is like giving a loan someone and take the cash again..plus interest..

That's what China, US and rest of countries have been doing to Africa..

Because things are that messed up, really.

Some people are just trying to build their personal legacies and others trying to prove their business and management prowess.

I once watched a show where the "CEO" of the Vision 2030 program was talking and you could just feel the lack of a compelling roadmap how they can move the country to a middle income economy.

@eboomerang

I have read your blog quite informative i must say, i totally agree with you. We can move to become middle income economy if our major sources of foreign revenues is still the same as it were 20 yrs ago..

Looks at the BRICS..the key to growth is being a producer and not a consumer country, when you produce, jobs are created, foreign cash inflows from proceeds of goods..etc etc..

Building 8 lanes highways, with starving population and high unemployment rates, just makes a country more into debt..

Invest seriously in Education create another silicon valley in Kenya..

Give income, protection and or even tax incentives to companies creating jobs in Kenya..

Thanks Gentlemen and ladies,I have learned alot!

Anytime mate :)

Looking forward to reading your post..develop your financial IQ..gone a those day where 8to5pm job was just enough.

I think the road building and other infrastructure projects such as fibre optic; rail are excellent ideas. I also have no issue with the idea of ICT Park. My borne of contention and where things will go awry is the lack of a holistic picture at the highest level. How do these projects fit in? What is the vision (please don’t say vision 2030)? Because there is no vision, the detail is of course fuzzy. It has lead to a jobless economic growth.
A couple of examples. Why borrow from the Chinese and ask them to come and build the roads? Why can’t you ask them to subcontract the work to Kenyans and they can do the supervising. They if even brought their own road diggers! Konza looks like a money-minting idea dreamt up by Merali. How will GoK attract businesses there? Why not fund ICT R&D in one of the Universities? Kimathi was talked about it in this respect. We still can’t do some very basic things right. Every yr, farmers in RV and Kitale will throw away maize. At the same time as brethren in NE will be starving.
The big picture, but also professionalism (a big topic for another). It’s not going to happen if Mzees in their sixties hold 3 or 4 jobs at the sametime. Surely a Njung’e, a Seles maybe evem the somewhat intemperate Mukiha can do some of these jobs.

Hey , its just how neo colonialism works. You dont get the aid/loan unless you agree to use certain contractors or procure from certain sources. The very idea to do these projects is conceived by the donor countries and imf et al. Check out 'confessions of an economic hitman' on youtube or just buy the book.