State of Finances: President Ruto Demands Improvement from Loss-Making Parastatals
State of Finances: President Ruto Demands Improvement from Loss-Making Parastatals
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Parastatals have been the undoing of many African countries. Subsidizing loss making entities is counterproductive. Budget cuts will make them more competitive and efficient as they battle for customers. It's better to privatize some of these companies.
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NEMA NEMA NEMA NEMA NEMA NEMA NEMA
Start with NACADA. Bure kabisa
Chagua wafanyika wazuri.
A better strategy should include an objective establishment of why the entities make losses in the first place. Transferring the staff to work elsewhere is a pedestrian suggestion that overlooks economic viability. For starters, overstaffing profit-making entities with new staff will hamstring performance. Each loss-making entity should at least be given the chance to outline a strategy for moving from loss-making to profit-making.
Why make looses is what to be looked at
Co-op eratives founded by our fathers in the 60s are not government owned so stay away from them and their land they belong to us
Co-op eratives founded by our fathers in the 60s are not government owned so stay away from them and their land they belong to us
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Ni kuweli Excellency parastal many of them doez not in NEP Accountability is the key of improving nd dealing with poverty.
Is this IMF induced