While you were focused on Matatu strike Uhuru did 3 terrible things, economy will never recover

By Silas N

We are about to enter the most difficult five years of our economy.

While they are busy distracting you with Matatu crackdown (a very colonial way of addressing issues) and acting all tough on an exaggerated problem of exam cheating, the economy is so going so fast.

Very serious government decisions have been played down such as the sale/privatization of state corporations, notably Kenya Pipeline and I gather the port is being cleverly sold.

Listed companies are having so bad.
Transcentury, East African Cables, Stanlib, Car and General, East African Portland(I gather it has been shut), are now under the watch of CMA. These are companies whose CEOs probably donated to the Jubilee campaign kit.

Kenya Power, Uchumi, Mumias and EA Portland have not published their financials.

So many SMEs are dying a fast and painful death.

In the meantime, the govt just got another 520 billion for the Big 4 from the EU. Not sure how we will repay, but be ready for imports from everywhere, very few exports, and by 2022, things will be so thick yaani…

Anyway amkeni tusort the big 4.

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