The CBK governor (ndungu) was mouthing off idiotic growth numbers (7%) earlier in the year after the Post-Election Violence while his more sensible colleuage Prof. Ryan was counseling caution (2-3%).
Well... it turns out that Ryan's estimates will be far closer to the truth... especially with inflation in the 20% region... and this AFTER the state subsidies for maize kicks in...
BTW... How many axles does this 128-tyre monster have?
Do you think the (corrupt) police officers will ask for a 128,000 bribe to let it through?
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- KQ has very profitable 3Q 2008-9
- Uganda Banking Sector
- Corruption at KPC continues unabated - Higher fuel...
- Discredited ECK employees to get 500 million
- Mega-corruption at the Central Bank of Kenya
- Rwanda - The New Hope of Africa
- Am I a fool for not stealing?
- He is back... Corruption in Kenya... Aluta Continu...
- Is Africa cursed?
- The Top 20 African Billionaires
- Congrats to Obama & what Africa can learn...
- Why would anyone take Kenyans seriously?
- Kenya Airports Authority - Coldtusker vindicated -...
- Price Controls & favoritism for NOCK - More future...
- KPC-Triton Scam: Daily Nation makes a faux pas... ...
- Weekly Citizen's take on KPC-Triton scam
- Kenya's reliability suffers blow after KPC scam
- Scandal rocks KPC - Coldtusker told you...
- Triton - KPC alledgely in cahoots with Triton
- Where hither the Kenya Shilling?
- Coldtusker is Twittering
- Novelty in the airline industry - airtime for flig...
- Kenya Ferries Ltd - Ferries stall - Deja Vu
- CBK governor & his pies in the sky (and a MONSTER ...
- Kenyan Government Officials overpaid?
- Government Blunders/Corruption continues in Fuel S...
- France's First Ladies...
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3 comments:
Coldi, cool it. I guess when you are a political appointee, you got to dance the tune but when you are a consultant who eats off his name, you got to be factual. there goes the difference but I like the news on the additional power to the grid. 12 months period is rather ambitions given our recent experience but lets not lose the hope
So OD... what you are saying is we should be "OK" with mediocre political appointees?
Shouldn't we have 'professionalism' even for political appointees?
Why should the CBK Governor be beholden to the Executive?
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