| News Night | State of the Economy with David Ndii (Part 2)
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- čas přidán 13. 02. 2023
- David Ndii: Jubilee promised 57 dams, it has not completed any, at most 1. Why? Because those dams are competing with other things on the budget and they are competing from the same lenders. We can never do more than 2 or 3 dams in a 5-year period
When you are smart and have facts...even the interviewer is left with no question but to smile
When kibaki took over from moi he did not dwell on the mistakes of the previous regime he improved the country
Ndii is as technocrat as they come. Love the way he responds to the questions head on.
Very smart mind always, Dr Ndii. Hats off, keep working on behalf of Kenyans. God bless you, your team, government and 🇰🇪's.
Where stop overating the guy.
For instance he's behind the push for the huge power increase.
In Africa our electricity costs are among the highest already,
How we be competitive as manufacturers which they claim is to be the engine of this economy. 🤔.
The guy was sacked by kagame for kindergarten type economics, just many words bro.Kibaki also sacked the same guy.
A brilliant economist! It is good that he is in the Kenya Kwanza government! With his input we have hope.
Where stop overating the guy.
For instance he's behind the push for the huge power increase.
In Africa our electricity costs are among the highest already,
How we be competitive as manufacturers which they claim is to be the engine of this economy. 🤔.
The guy was sacked by kagame for kindergarten type economics, just many words bro.Kibaki also sacked the same guy.
So according to Ndii, the problem with Kenya is to "widen" the tax base. So how are you going to widen this tax base when a large percentage of the youth are unemployed? I would have said that unemployment should be the first priority, THEN tax base. My opinion.
You're response shows how minimal your understanding of economics is. Tax is not limited to employment. Even as at now only around 40% of the employed citizens are on PAYE in Kenya. Many people employed in jua kali, matatu, agriculture, tourism and other low income earners do not pay PAYE which makes the government increase costs of commodities such as fuel and VAT on items to recover. Lastly, if you expect the Government to provide jobs, you are naïve. The role of government is to create an environment to do business, engage partners and invite investors to the country which in turn creates employment. Those unemployed youth still engage in betting, consumption of alcohol and purchase of goods, meaning they have money. Priorities ndio mbaya.
@@bkibui Boss, you have just revealed how much of an ignoramus you are in economics. Let me point out just one thing. Nowhere in my comments did i say that the government provide jobs, my jinga friend. It is NOT the governments job to provide jobs. Nope! But, it is the governments job to create an ENVIRONMENT conducive to private sector creating jobs. And what is a conducive environment? If you look at the US, you will find things like very low business taxes and startup fees. You will find very generous tax breaks for business. For example, you can take a client to lunch in the US, keep that receipt, and take it off your taxes at the end of the year. Ever heard of that in Kenya? You will find low interest loans for business. THAT is what i mean when i say that the government needs to focus on employment. What i am saying is that the government needs to focus on measures that promote employment in the private sector. READ between the lines mofo. Stop being a shallow minded person.
@@bkibui it's a discussion not an argument. He clearly said it's just his opinion. You can explain to him without making it look like he's your enemy
@@riversofeden1017 And last time i checked everyone has a RIGHT under the constitution to be opinionated. Even you. So, shida iko wapi ata wewe??
@@riversofeden1017 Boss. I will NEVER shut up-EVER!! Hio sahau. My mouth is for me to speak-same as you. Secondly, i do not have the time for sleep. That sleep kasia is for lazy MF like you who sleep all there lives(physically and mentally) then come here complaining that serikali is not doing this or that for you. Bure wewe. I will talk all day, every day and TWICE on sundays-upende usipende. Go cry to your grandmother kichwa malenge wewe.
I've been watching and listening to two gentlemen this week who to me and now believe they can take Kenya to another level in terms of changing to better / solving our long term problems.
This government now needs to own the problems they have inherited
Excellent !!! Kenya is on the way to recovery!!
A good move if Kenyans can be patient and honest. This move is like Kenyans becoming their own banks.
..the main reason the opposition is agitataing...they know that if Kenyans just have time to digest what the government is doing then they are out of business and irrelevant for a long time and those two things scare them shitless...
Well done David. Keep it up.
Ndii is extremely good in his stuff. He has an answer to any question you have. Big uo !!
Something most people and journalists have missed is the structure of the economic council NDii Mentioned which was quite impressive with checks like budget office included to ensure the programs meet budgeted allocations. Attorney general to ensure programs meet the legal test and other offices that the economic council checks with. How i wish one of the dailies could give us a deep analysis of this new office structure situated in statehouse with a chart
Since the advent of modern governments and economic tools as engine for planning, regulation and developing economies. There have obviously been numerous lessons over centuries on how to mitigate the worst scenarios or on the flipside harness growth. Since the recurrent theme seems to be or we are fated to face, due to our lack of or cleverly avoiding to address the core issues plaguing this country of poor or no governance on economic/financial issues. Since independence this has been the norm then question herein which we all seem to be skirting would be, can experienced experts like David tell us if it is possible or a myth to have a minimum rigid baseline economic governance structures to mitigate against bad regimes?
Also to me it seems David herein and by default the Kenya Kwanza govt is deliberately refusing to articulate accountability issues that go alongside the numerous accusation of poor past decision by omission or commission. Pray how then can we fix our problems when obviously at the onset we seem to condone the same? Aren't we then forever condemning ourselves to a perpetual repeat of such gross economy sabotage as it were by few. Don't we owe the kenyan people at least some form accountability past and future? Also wouldn't this set proper precedents and increase market confidence which could be advantageous for the economy? Unless i am missing something, there is an obvious lack of commitment on part of current government to sustainably correct the trajectory or perhaps a hidden agenda for those in power now to gain from such. Clearly there is no advantage in sweeping every past mistake under the carpet.
While I think David Ndíí is not honest in his condemnation of the government he was not part of, am impressed by lots of what he says is the planning of public projects in the current government. I wish we would insist on creating markets for our problems, and not to be intimidated by cries if “ho, you are privatizing water.” Creating markets for water can be done in a way that provides everyone an opportunity to invest in the provision of water.
Think tank, this is great and best ever to put it in practice.
Sincerely speaking, these guys are working.
I see and feel the same way, the truth is hard for some people, I think they are being fought because they know they are going to bring the change
The guy is sharp and he knows his work
In all fairness and honesty Professor David Ndii is the ENGINE of this Kenya Kwanza government. All the other mandarins in government are his students!!!! PERIOD!!!!!
So true. Ruto is a student of NDii. I wondered how ruto evolved to be a totally different person and you can see Ndii's hands all over ruto
Hoping Joe Ageyo was taking notes on how to do an interview!
Joe Ageyp is a no nonsense guy and will put you to the sword
I support Dr. Ndii's closing remark that Matatus, as a mass transport, are a solution not a cause, to congestion in Nairobi. Thank you Rigathi.
I disagree...matatus should have there terminus and the people who sell other stuff should a huge market where everything can be done with orderly manner
Taxing consumption in a recession
If kenya have 10 people with his brain factory we will be a first country. Let kenyan be informed by people like him. Much campaign with his information. Nice show.
This guy knows his stuff. The Kenya Kwanza Government may surprise many. Me included.
Let's wait and see
Where stop overating the guy.
For instance he's behind the push for the huge power increase.
In Africa our electricity costs are among the highest already,
How we be competitive as manufacturers which they claim is to be the engine of this economy. 🤔.
The guy was sacked by kagame for kindergarten type economics, just many words bro.Kibaki also sacked the same guy.
Hii ni kizungu mingi to hoodwink the masses.All Economic indicators are that the current administration has dissapointingly failed the Kenyan people
What economic indicators? 😆. Inflation actually dropped, for 2 months in a row the fuel prices have remained constant. What are the indicators you are talking about and can you share your sources?
Which indicators?
I'm not an apologist of this government but kindly share the indicators in question and has the current government implemented any new policy so far? if yes which one? It's easy blindly through a baseless criticism
Kizungu mingi to confuse the masses, bring practical solutions so that we start seeing progress.
A man tells u its not good to pour paraffin in your house , you ignore and pour , he tells you its not a good idea to light a match - you ignore and light the match - he tells you its not a good idea to throw the match - you ignore
Now the house is on fire - you now want him to help you return the house as it was before the fire and you want it now - GROW UP😊
@@gamersnevercryever Well said. These types of people won't listen to anything that takes time to digest and understand and thus just lob insults to cover for their insecurity and stupidity....
If people have to continue getting hungry, with high cost of living, i would say that this is a wrong plan for now.
What do you think can be done as of now to ensure people get food?
@@Gitau_Kenn Nothing can be done other than Praying and Seeking God's intervention,,,the way our Prezzo says 🙏😂😂
...if they say they will import food which is the only thing left to do when there is no more food, the opposition screams bloody murder......what is the government to do??
Ndii has a great point
Kudos to the person who sent a question about corruption. As government officials try to enforce ever-expanding tax clauses, they need to be accountable for public coffers, which is essentially the outlay of tax revenue. On the same note, Kenyans need to ask themselves if it’s in their interest to fund packs of political officials at current levels. It’s a big budget item, and one that’s bound to grow unreasonably due to unreasonable retirement packs for a rapidly growing class of very young beneficiaries.
UhuruRaila Administration increased the taxes... RutoRigathi is widening the tax base. Thats what am getting
Nothing is changing as long as government excess and corruption is not addressed.
Taxes do not neccessarily build economy, in the Kenya case, taxes are killimg the economy
How
Please hand them to the president and make an agreement cause the way Kenyans have been suffering in terms of finances like for people paying school fees for their children and also health care issues
Think multiple ways of dealing with drought.
Multiple ways of farming(using less water), multiple ways of harvesting water, multiple ways of irrigation, multiple ways of food production(barrel farming), multiple drought crops, methods of moisture retention in soil, reduce(sell )some the livestock to slaughter before drought starts, multi-pronged solutions.....how hard is this?..No! I've never been to an agriculture class.
slaughter animals? Tell that to pastoralists, my friend. What you call animals they call bank balance
@@wanyekimahiaini1514 Did you even understand the point of taking to the slaughter (reducing)the herds before the dry season starts. This is planned actions to reduce loss. If the animals died during droughts the pastoralists get NOTHING. If they sell for slaughter before the dry season, money in the pocket...
@@mwituamweene9850 The point is our pastoralists will not do the very sensible (to us) thing you have proposed. History has taught us that. It is part of the internal contradictions developing people must work out themselves. Themselves.
@@wanyekimahiaini1514 hopefully this drought has taught them something
@@wanyekimahiaini1514 they never learn.
Good information and plans ahead but
JUST GET TO UNDERSTAND THAT ALL PLANS ARE MEANINGLESS WITHOUT RUTHLESSLY COMBATING CORRUPTION.
ulikuwa wapi akisema vile ata combat corruption?
The journalist is best advised to scan through economic lessons on fiscal policies and monetary policies...
Very wise man kenya is on the way to recovery !
duped
Are you seeing any signs? Something is totally wrong with Kenyans
David ndio is the father of bottom up😳😳
Wao. He knows his job
Kenyas economist of the day.
Where stop overating the guy.
For instance he's behind the push for the huge power increase.
In Africa our electricity costs are among the highest already,
How we be competitive as manufacturers which they claim is to be the engine of this economy. 🤔.
The guy was sacked by kagame for kindergarten type economics, just many words bro.Kibaki also sacked the same guy.
All this is good theoretically especially if the government was fiscally responsible. So the government wants to tax the citizens to death while the government goes on a spending spree. We have seen meetings held in very expensive resorts like the Fairmont, Mombasa, Zanzibar etc. At the same time, politicians and government officials are earning frequent flyer miles on the tax payers backs while they benchmark in Europe, Dubai or USA. All these trips on first or business class and staying in five star hotels. Surely, why should the citizens be optimistic?
We've got mediocres and delears who are in the buisness of enriching themselves and making laws that protect them from the rest of us. It's classism . Far from being the best in class when talking about leadership. If you look at the allowances these fuckers are getting!! In any other walk of life no one is paying you seating allowance or entertainment allowances,but guess what??the proof is in the banana pudding.
good question
I'm glad I decided to read the comments. You've asked what many of us want to know.
Crazy Kenyans 🤪
True we need to stop overating the guy.
For instance he's behind the push for the huge power increase.
In Africa our electricity costs are among the highest already,
How we be competitive as manufacturers which they claim is to be the engine of this economy. 🤔.
The guy was sacked by kagame for kindergarten type economics, just many words bro.Kibaki also sacked the same guy.
Good debate.. we need Ndii for our sanity.. it isn't easy Mwaura.
Where stop overating the guy.
For instance he's behind the push for the huge power increase.
In Africa our electricity costs are among the highest already,
How we be competitive as manufacturers which they claim is to be the engine of this economy. 🤔.
The guy was sacked by kagame for kindergarten type economics, just many words bro.Kibaki also sacked the same guy.
The discussion was quite pedestrian! Wahiga lacked in-depth economic knowledge and couldn't ask the right questions about the current economic status and UDA's plan on how to manoeuvre the turbulence. He kept on referring to Twitter and SMS messages to make up for his inadequate knowledge of the subject matter.
As an interviewer I would expect Wahiga to have made advance research on the subject matter.
What’s the difference between black listing and low credit scores??? If you have a low credit score you’re actually black listed.
Credit score is the best route to go if you understand how it works. You are in control as an individual but if you are black listed, you not in control. Credit score is used by the West.
you can improve it overtine by repaying
black listing is you will never get a chance to get credit. Low credit scores means you have a chance to improve your credit rating by borrowing but you will get hot with a high interest rate but as long as you keep paying your interest rate is lowered over time and you can even get a AAA credit rating from being a low credit score.
This is a great idea.
These guys know what they are doing. Thank god for this team. I dont think the raila team is this deep focusing on how to make the common folk life easier
Waihenya was just found out to be deficient in knowledge on public finance. Pole sana.
Ndii is a theoretical economist much as he's trying to beautify emptiness of promises with lots of English.
Instead of advising the president of ways to make businesses booming and welcome investors into the country, making favourable business policies they're only advising for CU rallies.
As a country we fumbled, but let us hang in there and give this government a benefit of doubt.
Yes coping how Japan and Korea did it except hanging if found guilty of corruption.
From today Kamau you are our chief economist since you know the practice much better than a seasoned economist …
@@StoryTime4AllKids Exactly. Kamau should take over...
He is a factual economist.
@@StoryTime4AllKids Fact is this guy is a theoretical economist.
Great explanation...clearer and very realistic....approach!
Budget helps you to allocate your money and guide you to spend it according to your vote heads.. From the money you have or borrowed.....
Where stop overating the guy.
For instance he's behind the push for the huge power increase.
In Africa our electricity costs are among the highest already,
How we be competitive as manufacturers which they claim is to be the engine of this economy. 🤔.
The guy was sacked by kagame for kindergarten type economics, just many words bro.Kibaki also sacked the same guy.
How he turned into a gang economist....so amazing
He is clearly under pressure...you can see how he reacts when hard pressed.
I see people lamenting on twitter about David Ndii. He was spot on.
Excellent analysis. Love you Dr. Ndii. Your wealth of knowledge is priceless.
Thank I learned a little economist understand where kenya is
Our only economic genius, Mr Ndii save our country Kenya which Our God has shown you way and the specific goal post but do i say.....
Where stop overating the guy.
For instance he's behind the push for the huge power increase.
In Africa our electricity costs are among the highest already,
How we be competitive as manufacturers which they claim is to be the engine of this economy. 🤔.
The guy was sacked by kagame for kindergarten type economics, just many words bro.Kibaki also sacked the same guy.
As much as I know your trying I would like to remind you of galana kulalu irrigation scheme which really failed when talking about the maize thing i really feel theres something we are not shown in the public but i would really love it if kenyans could really work on the transparency of the kenyan
Kenyans didn't bargain for Mswari type of funds, they wanted funds to boost the business or starting some, 500/= cannot even last a day nor help anyone start a business without getting support elsewhere.
I voted Ruto thinking he will adopt Kibaki's way of revamping our economy by creating jobs, but what I see is nothing but continuation of Uhuru's policies or even worst.
Give him time bwana
Then don't take it!
@@jehoshaphatanzaya5196 which time all this taxes imposed to us...bro i can tell for free nothing will change as long as he leans on west be sure NOTHING...this guys are here to make us poorer😂😂
500 is enough to someone you’re just stupid think in selfishness.
The raped economy cannot be turned around in 1 year
I have said over and over that you have to start with Energy, get oil cheaply and get production costs down.. the dollar is too high.. get it below 💯.. you can’t tax everyone to death.. reduce govt waste, looting and expenditure. Theorists can actually undermine the presidency
Get oil cheaply from where, kwani ni maji, niko gulf na petro ni 70 ksh per liter,
But at least if they can engage with the government hapa gas nikama kupewa mbule
Where stop overating the guy.
For instance he's behind the push for the huge power increase.
In Africa our electricity costs are among the highest already,
How we be competitive as manufacturers which they claim is to be the engine of this economy. 🤔.
The guy was sacked by kagame for kindergarten type economics, just many words bro.Kibaki also sacked the same guy.
Biggest Ruto achievement will be returning Dollar below Ksh 100
In your dreams,that will never happen
Let us be realistic,Ruto hasn't change a single thing since he assumed office 6 month down the line. He campaign on the podium of pesa mfukoni, is hustler funds any different from Fuliza and Mshwari? Can you compared with Kibaki micro finance funds? maintaining high tax regime will help us creates jobs or attract any foreign investors, high cost of energy itself is enough to chase away investors.
@@mansoormannix1753 The cost of Fuel and Electricity keep investors, 2022 only 1032 companies closed down,
@@danielkaruga7770 you don't know how many investors skipped Kenya for Ethiopia and Tz simply because of cost of production and too many costly and time consuming paperwork before you open an industry or manufacturing factory. Do your research and believe me this government is going to fail if they won't change some poor policies.
why are you dumb
I like how David is answering?
Good fellow. God bless the economic agenda...
Interview could have been better with a business journalist.
The government should adopt the monetary policy as opposed to fiscal policy Since this will spur economic development in the long term.
That is not true because the ensential commodity all has Value Added Tax also when you work already your salary you get is already taxed when you use the same money on mpesa is taxed again so where are we heading Mr Ndii?
Many people will not understand this. The golf stick strategy of growth.
Dr David Ndii must be a supplies economist.
Mwaura was not prepared for the interview, Ndii very knowledgeable, doesn’t speak politics…many will be disappointed to note that he is not saying what they want to hear
A better understanding now
Methinks there are so.many intrests even as we realign our fiscal issues.
That last sound bite...🔊
Wealth
Consumption
Income (PAYE)
Trade
World Class Kitchenomics. Let’s Go Kenya. Shake n Bake!!
Dignity! Yes!
Ndii's reasoning to some extent is ridiculous. Just because there is corruption in infrastructural projects does it mean that the government should stop doing them? How will the country develop or does he want us to get stuck behind like during Moi's era? The government should seek for ways to curb corruption in these infrastructural developments not stop doing them. That's funny.
The government is stopping doing the big infrastructure projects because there is no money to do them bro....and it always baffles me about these cheap Moi era put downs...The Moi era was not perfect but throughout it's time led Kenya in development, peace and investor attractiveness in the whole of East and Central Africa. Uganda, Sudan, Ethiopia, Somalia, Somalia all collapsed during that era except us...why ?? Because of Moi. Schools, hospitals, universities were the best in East Africa during that era. Please read up on some actual history and not just blindly believe what some blabbermouth screams out at a rally as fact. Those same people did not go into bed with Moi because he was some evil dictator but because they knew he was smarter than them all combined.
Huyu jamaa falaa!! Bringing silly ideas hapa! Sasa hustler fund ni nini? We carried you in high regard!!!! Yes, I would ! Good question Waihiga….they think we are fools! Don’t say “I would “ do it! You are now in charge.
Exactly bro
There is nothing that is zero taxation in Kenya
Economists ..smart ♥
Where stop overating the guy.
For instance he's behind the push for the huge power increase.
In Africa our electricity costs are among the highest already,
How we be competitive as manufacturers which they claim is to be the engine of this economy. 🤔.
The guy was sacked by kagame for kindergarten type economics, just many words bro.Kibaki also sacked the same guy.
I don't think Ndiis theories can solve the problems this country Is facing.
DAVID NDII should know God hates people who gamble with lives; The Bible warns us against the compulsion to strike it rich.1 Timothy 6:9-10 says
"Those who want to get rich fall into temptation and a trap and into many foolish and harmful desires that plunge people into ruin and destruction. For the love of money is a root of all kinds of evil."
DAVID "Did gambling with "Hustler fund "make him careless of the welfare of himself or Kenyans?”
The underrated Mega Projects were to employ very many Kenyans.... Where is employment in the whole set up?
Thru debts..? Creativity give you a job men.. Stop expectating for jkbs n start meditation on what you can solve in the society n create a revenue for yourself.. Sorry hope I'm not being proud..
And everybody was saying hallelujah 😁😁😁😁
So when the government gave timelines of 100 days did they not assess. why did not just say it will be eventually done. which inflation is coming down
Just wondering. It's really sad.
The main priority in agriculture is stable, adequate supply of water . Dishing out fertilisers to farmers against a backdrop of climate change which alters predictable rain patterns is blatantly foolish .
The amount of money spent on fertilisers should have been used to sink boreholes across each and every ward in Kenya. The obsession with fertiliser subsidies cannot increase yields unless you prioritise on water supply.
Try telling that to large scale and even to peasant farmers....
You can't construct a dam in months... Ndii has already explained that farmers will be planting whether there'll be rains or not. Therefore, subsidizing fertilizer will help in reducing product costs.
Great insight.
Sorry the two gentlemen am talking about are 1. Governor Natembea and David Ndii.
"Wealth, consumption, income and trade ..." Someone should ask Ndii about how the projected shifts in the percentages (from how we do it now) would impact investment and consumption which both spur economic activity. And of course contract statisticians to model the results with the largest number of variables accounted for, to see which change has a higher impact on revenue collection with minimal impact on growth prospects. At last our politics is moving to the important things...
Good question
Easy. It is the reverse of what we are doing now. High corporate taxes are killing trade..the biggest manufacturing countries and biggest investment destinations have the lower corporate taxes..Ireland has 12%, China i think 17%
We are overtaxing incomes and putting exemptions on items which is the reverse of good economics
The highest net worth individuals should contribute more fairly and not punitively but they mostly pay the lowest in most countries
This will improve revenues by a big margin especially on the corporate part
I could do some modelling but i dont think people really care that much
Why don't we get a better economist like the world's best
Amnesty conversation.....Thats a big admission.
Widening the Tax Base requires KRA to put the informal Sector in the the Tax Net (Bracket) as a vast of the working populace is in blue collar jobs that form a wide portion of the GDP.
Which inflation is coming down!
Economics is not a thing for Wahiga Mwaura, he's just scampering around with triaxialities.
Escalating Taxes when the Economy is in Distress only leads to Deflation and Unmanageable Cost of Living.
Inflation is not coming down if shilling is gradually weakening against the dollar day by day
I admire the mastery of economics by this man
Ndii is bloody smart!! Very sure had he bn in the previous disastrous uhuru regime from the word go..kenya wouldn’t be in this sorry state of affairs!
Where stop overating the guy.
For instance he's behind the push for the huge power increase.
In Africa our electricity costs are among the highest already,
How we be competitive as manufacturers which they claim is to be the engine of this economy. 🤔.
The guy was sacked by kagame for kindergarten type economics, just many words bro.Kibaki also sacked the same guy.
I want to save this for future reference no way you can build a nation on taxation agro economy is the only way we must be productive.
This government taxes salaries, taxes goods you buy with what remains , taxes dividends from savings of a salary which was taxed, taxes stake in a bet, taxes wins taxes the betting company ...it's just robbery
Listening to this guy proves the same thing about his Master
This guy Ndii is smart and his financial and money management is top-notch. The haters will not understand because they listening with closed mind.
@ Jonah. inflation is still high they are not doing anything to lower inflation, you can not increase the prices of fuel and double tax consumer spending money and lower the cost of living. He is sounding smart to you because he is not debating another economist, he is talking to a journalist. Let us be real, fuel prices raise the cost of consumer goods and raising the cost of doing business, blocking investments. More importantly, the kind of people Mr. Ruto has put into the administration to change the economy is laughable. These are realities that he has avoided. Not to mention his body language.
Now he is admitting that Moi left a budget surplus?
Yeah very smart for dumb people.... they always make sound good but is it practical...hell no..
Yes, even the Mwaura doesn’t seem to understand tax base expansion….all they think is tax increase so that they can shout.
@@Gina-zd9sf Fuel prices have not rosen for 2 months in a row. Actually theyve droped by 1 bob since they got into power. 2. Inflation has dropped for the second month in a row. I wish I can debate you on your perspectives vs mine.
If you think 500 is good money then tax it
Kibaki ran the best fiscal policy. His Government didn't borrow from the local market, ie our banks. Banks make money by lending: so they had to lend to you and money. He actually had a surplus, ie more money in than what was used.
All well and Good, we understand stabilising the economy using both macro and micro measures, taxing alone is not the remedy, we are taxed heavily as it is. Why doesn't the government seal off revenue leakages which is occasioned through grand corruption. Why doesn't the govt heed the call of the auditor General herself which she gave a damning report on these issues of revenue leakages and misappropriation of our taxes. If we solve this issue alone we will not need all these shenanigans.
Let's be honest with ourselves; our country is being managed through guesswork. People who think that by increasing tax collection we'll develop. It's absurd.
Clear Wahiga was out of his depth on some explanations give by David
I never ever used hustler fund
Si ni shauri yako tu
Dr. Ndii, is closing mega projects the solution to corruption?