Finance minister, amos kimunya, predicts 4% growth. This is in sharp contrast to 7% he predicted in the midst of the clashes in Jan 2008. vs 7% earlier.
kibaki did an excellent job earlier by reducing barriers to economic development during 2002-3. Politically, it is a different story. Economically (& politically) Kenya could become another Zimbabwe.
Due to the political crisis - partly of kibz own making - kibz will skip the important India-Africa trade conference. I believe India is the model African countries need to emulate. India is a large democratic country with diverse cultures, languages, political views & peoples. It was a British colony until 1947 & has or been through all sorts of problems that Africa faces, faced & will face. I think kibz should go to India. It is vital for us as a nation to learn how to improve ourselves.
India has a homegrown (efficient) rail system that Kenya can learn from. Kenya needs to improve its railways. Soon.
India has a robust telecommunications system - compared to other developing nations - by using homegrown technology. Sam Pitroda was one of the architects of the system. Of course, Kenya's thieves-in-charge gave up control of Safaricom to Vodaphone in exchange for a bribe.
Another story of new Indian investment in Kenya. Also an interesting side story on how they are encouraging the growth of Kenyan football.
Kenya needs to negotiate with the Indians & Chinese to secure its position in the supply chain for Tea. Kenya -the world's 2nd largest exporter- faces aggressive Indian, Sri Lankan & Chinese competition in the export market. Tata Tea bought out Tetleys & Kenya must ensure its are not locked out of the UK market.
Kenya needs to get serious. We have a decent port that whose throughput can be doubled - damn the politics - in 5 years. We can expand & improve the railway - a god start with its privatisation - to lower transport costs. We need an airport to handle 10mn passengers by 2010 to accommodate KQ (4mn passengers) among other airlines.
We need severe penalties for breaking laws - and enforcement - that protect businesses from theft, destruction & fraud. We need a powerful ombudsman who can protect Kenyans against powerful government functionaries & politicians.
Instead all we do is related to politics, politics & politics!
- ► 2012 (29)
- ► 2011 (44)
- Disinvestment in Kenya
- Kenya needs to emulate India's dynamism...
- Why is Kenyan labour costly vs Chinese labour?
- GoK spends & naps while Kenyans suffer...
- A Tale of two(2) SafCon Prospectuses
- Zimbabwean Follies... Worth a laugh!
- Is Africa politically regressing?
- KAA needs to be privatized
- More stockbrokers to bite the dust?
- Coldtusker becomes a TRILLIONAIRE...
- Banks on a roll...
- Back to Basics - Economics, Finance and Wealth Cre...
- Ah, the Kenya we know...
- Zim$ at 123,000,000 per US$
- Zim$ drops faster than a rock!
- KQ's fortunes looking up...
- Safaricom IPO(OFS) gets murky.
- Suicide Jumper
- Kenya - Corruption back on track...
- Zimbabwe Billionaire...
- Bloggers pissed off at bloated cabinet...
- Is Mungiki related to PNU?
- List of Cabinet Ministers + my grades!
- 42 Ministers + prez + pm + 2 deputy pms = too many...
- Again - Apple TV is not GTV
- Kenyans sing the Indian National Anthem
- Coldtusker declared a Billionaire
- Tanzanians screwed by Bank of Tanzania!
- sam ' I can't count' kivuitu at it. Again.
- CMA wants to kill of Venture Capital Funds
- The "not so good" happenings in Kenya...
- Lower those brokerage fees!
- India Grows Up...
- bob ' the murderer' mugabe tries populism again......
- KPLC - Change the law!
- Kenya's economy suffers major hit
- Kenyan politicians killing the Golden Goose...
- New Cabinet Lineup...
- Kenya's New Cabinet is neither Lean nor Clean...
- Another pathetic article from Business Daily
- (Politically) Is Zimbabwe another Kenya?
- Kenyan gov't is senile...
- ▼ April (42)
- ► 2007 (79)
- ► 2006 (99)