I pray that the Kenyan government officials will be more patriotic and serve the Kenyan economy, and less self serving. Policies that expand the private sector, stimulating job creation. So many university graduates with limited opportunities to put their skills to work. How else will a viable tax base be created?
The constant thieves ,Thugge and Rotich.Caused havoc in the previous govt ,now in charge again and shamelessly blaming the previous govt for the mess they created.
The issue with Africa is that a lot of these high-ranking officials should really be working on farms. They've shown this is all too complicated for them. You can tell they are exhausted.
There's no way Kenya clears this mountain. The language around the stakeholders is just gibberish. Powell will be cutting rates given the incoming PPI/CPI rates but that will probably be after June before the US election. The market is jittery because Kenyans administrators talk in circles. What does "debt buyback"," We have access to IMF debt facility" even mean? The word is refinance….debt refinance….There's stock buyback to increase returns for shareholders. Moody's and Fitch give better direction on this matter.
I would like to know how far the process of harmonizing the sanctions in the Public Audit Act and Public Finance Management Act has gone. Glad to know our Auditor-General does not just settle at reporting and making audit recommendations but also shows concern when she doesn't see any positive outcome out of it.
The same Eurobond Cronies are back in government and nobody is in prison for financial crimes ….. Keep paying taxes…. That musician who sang "Wajinga nyinyi" was right all along
We curse uhuru…he is the genesis of all the bad things happening to us currently. He singlehandedly destroyed our nation…people will say ooh mara Ruto alikua deputy bla bla bla. But we all know the preaident has the final say and if Ruto bullied him then it shows how weak of a leader uhuru was. Anaaribu nchi alafu anatusho 'mtanikumbuka" 😂😂 ju alijua ile mateso inakuja
$2B spent by Kenyan leaders to buy luxury watches, maintain multiple women, luxury cars, real estate abroad, funding campaign strategies. IMF intervention = loss of sovereignity. That hallabalu that Africa is raising is not even worth the ink in which it is written on.
Imagine we could have been finishing paying the previous eurobond and then we could be taking another for infrastructure development…. But no, we are taking another to pay off the previous loan because there's no other viable alternatives that are palatable to the political elite… The problem is that we got over 7B oversubscribed meaning kenya will return to the markets to float several other eurobonds… Im seeing us taking at least $7.5B. Remember that there is no limit to how much they can lend us since the money is created out of thin air only when we accept to take the loans.
Two things here; either these guys didn’t know what they were doing or they were a bunch of criminal geniuses who robbed Kenyans of a whole generation! $2 billion is a lot of money for a country the size of Kenya…
Sad that majority of that money was stolen by UhuruRuto, Henry Rotich, the guys at central bank and other connected cartels. May anyone together with their family and generations to come that had a hand in swindling Eurobond not know peace. May that money eat out their generations as they consume and live lavishly with it.
If you tune in to Kenya's media during prime time, you won't see such marvellous coverage, only issues of non-importance. If the 2$ Eurobond was invested prudently into the economy, Kenya wouldn't be causing jitters in the international markets today. Mheshimiwa Raila Odinga and the then Auditor-General were right all along about this Eurobond issue. It's a pity that markets are now awaiting cues and direction from the likes of Ndii. Greetings from Limuru.
So shaddy 6:56
I pray that the Kenyan government officials will be more patriotic and serve the Kenyan economy, and less self serving. Policies that expand the private sector, stimulating job creation. So many university graduates with limited opportunities to put their skills to work. How else will a viable tax base be created?
too much English
The constant thieves ,Thugge and Rotich.Caused havoc in the previous govt ,now in charge again and shamelessly blaming the previous govt for the mess they created.
Eye opening piece of journalism. Good job 👍
Kenya should be the best economy in africa but our leaders are flat out thieves. But this will one day come to an end. Lets hope for the best.
Listening to David Ndii gives people a false sense of intelligence.
Where was this channel all this time?
This is why corruption will never end. All this money stolen and the powers that be and have been try to bury the story.
with such content this channel has great potential, nmg should pump more into such productions, traditional media has stagnated
Beautiful Kenya is officially global Top, Number 21, world's highest Global Crypto Adopters.
Real-world Simplified Videos. Relatable, Easy to digest and comprehend.
Uhuru and ruto stole a cool $2b
The issue with Africa is that a lot of these high-ranking officials should really be working on farms. They've shown this is all too complicated for them. You can tell they are exhausted.
There's no way Kenya clears this mountain. The language around the stakeholders is just gibberish. Powell will be cutting rates given the incoming PPI/CPI rates but that will probably be after June before the US election. The market is jittery because Kenyans administrators talk in circles. What does "debt buyback"," We have access to IMF debt facility" even mean? The word is refinance….debt refinance….There's stock buyback to increase returns for shareholders. Moody's and Fitch give better direction on this matter.
we have useless legislators… our number 1 problem
Kenyatta family looted most of it😢
I like how the Cabinet Secretaries seem to be licking their lips as President Kenyatta speaks….
I would like to know how far the process of harmonizing the sanctions in the Public Audit Act and Public Finance Management Act has gone. Glad to know our Auditor-General does not just settle at reporting and making audit recommendations but also shows concern when she doesn't see any positive outcome out of it.
The same Eurobond Cronies are back in government and nobody is in prison for financial crimes ….. Keep paying taxes…. That musician who sang "Wajinga nyinyi" was right all along
Rotich's answer is disappointing 😕
Poor Kenyan with debt market dominated by dollar assets considering its an net importing economy
We curse uhuru…he is the genesis of all the bad things happening to us currently. He singlehandedly destroyed our nation…people will say ooh mara Ruto alikua deputy bla bla bla. But we all know the preaident has the final say and if Ruto bullied him then it shows how weak of a leader uhuru was. Anaaribu nchi alafu anatusho 'mtanikumbuka" 😂😂 ju alijua ile mateso inakuja
$2B spent by Kenyan leaders to buy luxury watches, maintain multiple women, luxury cars, real estate abroad, funding campaign strategies. IMF intervention = loss of sovereignity. That hallabalu that Africa is raising is not even worth the ink in which it is written on.
So happy not to be a Kenyan tax payer. I urge all Kenyans to default paying taxes.
Kweli huyu ndiyo mtu wa story!!! Ruto is a pathological liar!
So many embarrassing lies from the government. When you’re caught in simple lies, you don’t inspire confidence.
Imagine we could have been finishing paying the previous eurobond and then we could be taking another for infrastructure development…. But no, we are taking another to pay off the previous loan because there's no other viable alternatives that are palatable to the political elite… The problem is that we got over 7B oversubscribed meaning kenya will return to the markets to float several other eurobonds… Im seeing us taking at least $7.5B. Remember that there is no limit to how much they can lend us since the money is created out of thin air only when we accept to take the loans.
Two things here; either these guys didn’t know what they were doing or they were a bunch of criminal geniuses who robbed Kenyans of a whole generation! $2 billion is a lot of money for a country the size of Kenya…
Reality check. What did the other half of the amount do?
whats the name of the presenter?
How do they steal a whole $2B and we are now the ones suffering. Great documentary
Maybe if i didnt know these facts about our debt situation i would be a happy fool
Sad that majority of that money was stolen by UhuruRuto, Henry Rotich, the guys at central bank and other connected cartels. May anyone together with their family and generations to come that had a hand in swindling Eurobond not know peace. May that money eat out their generations as they consume and live lavishly with it.
If you tune in to Kenya's media during prime time, you won't see such marvellous coverage, only issues of non-importance. If the 2$ Eurobond was invested prudently into the economy, Kenya wouldn't be causing jitters in the international markets today. Mheshimiwa Raila Odinga and the then Auditor-General were right all along about this Eurobond issue. It's a pity that markets are now awaiting cues and direction from the likes of Ndii. Greetings from Limuru.
Henry Rotich is a fraud and Thief!! ..in his former capacity and as proxy his former boss(es)
A factual reflection of the current situation offers a refreshing departure from the habitual blame game that often dominates our daily discourse.
I love this!!! So much! One of the best breakdowns I have watched on this issue. 👏👏👏👏
World class documentary
Where did the first Eurobond go?
Time of reckoning over massive public debt corruption.
But thank you for your excellent journalism.
Following this after Kenya floated another $1.5 billion Eurobond in Feb 2024.
I like the way Ndii is speaking for IMF
I'll take this time to appreciate specialised news anchorage.
Your best production yet