Economic shut down looming, David Ndii warns | Kenya
The Kenyan economy is in dire straits, and economist David Ndii has issued a warning to President Ruto that an economic shutdown is looming. The situation is exacerbated by the mounting debt crisis, high inflation rates, and a weakening Kenyan shilling.
The state of the Kenyan economy has been deteriorating rapidly, with no signs of improvement. The country's debt burden continues to grow, putting immense pressure on the government's finances. This mounting debt situation not only hampers economic growth but also limits the government's ability to invest in crucial sectors such as healthcare and education.
Furthermore, high inflation rates have eroded the purchasing power of Kenyan citizens. Basic necessities have become increasingly unaffordable for many, pushing more people into poverty. The rising cost of living has created a significant strain on households and businesses alike.
Adding to these challenges is the weakening Kenyan shilling. A depreciating currency makes imports more expensive and can lead to further inflationary pressures. It also affects investor confidence and can deter foreign investment in the country.
In light of these alarming developments, it is crucial for the Kenya Kwanza regime to take immediate action to address these pressing issues before it's too late. Ignoring or downplaying these concerns will only exacerbate the already precarious state of Kenya's economy and potentially lead to an economic shutdown with severe consequences for its citizens.
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The high court will today (11th August) give direction in a most fascinating, unprecedented case where one of the big ethnic communities in the country seeks secession. Read full article; Court to issue directions where 10,000 Luos want to form their own brand new country
The Azimio coalition intends today (11th August) to parade caskets of victims of police brutality as a rebuttal to statements made by Police Inspector General Japhet Koome that Azimio "hired bodies" to disparage the police. Prayers will also be offered today by Azimio la Umoja-One Kenya in memory of the supporters who died during anti-government protests in Bondo, Siaya County. Read full article; Azimio to prove today that IG Koome's claim of hired bodies is a lie and is just UDA insensitive propaganda
Raila's new devastating maandamano tactics loading
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George Wajackoyah, the controversial bearded lawyer and Roots Party presidential candidate. But who is George Wajackoyah? Has he been sent? And if so by who?
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Amid whispers of shocking secrets of exposed leaked details of Ruto's meeting with Raila in Mombasa and then followed by the presser where Azimio rejected Kenya kwanza issues for talks, most Kenyans are confused.
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Ruto Prophecy By Kalenjin Elders? Meshak Yebei walked out to buy something at a chemist shop in Eldoret on 28th December 2014 only to vanish into thin air. The events that followed both mystified and shocked the nation. Now many years later his name has started coming up again... a lot. Watch full video on the Yebei saga; Kalenjin Elders Ruto Prophecy on Yebei killers
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Patrick Shaw The Shocking Untold Story: The inside story of the legendary Nairobi super cop Patrick Shaw. A biographical detailed documentary of the man. Watch now; Patrick Shaw Legendary Nairobi Super Cop Who Was Assassinated
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Did what was said in this video come to pass? Or did it not? Will the rest come to pass?
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Yesterday (August 9th), the value of the Kenyan shilling versus the dollar reached an all-time low, heralding inflation, rising import costs, and putting the nation at risk of increasing electricity costs and debt payment hardship. Data from the Central Bank of Kenya (CBK) show that on Wednesday, the shilling averaged a record-low 143.4441 versus the dollar. Since the birth of the Kenyan shilling, the local currency has never ever sunk that low. Read full article; Kenya shilling makes history (negatively): Strongest currency in the region sinks to where it has NEVER been
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The emergence of Jackson Mandago's name as one of the possible persons of interest in the Finland Scholarship scam (after all he was governor when the scheme was launched) is bound to raise political temperatures considerably at a time when the Ruto administration is so shaky and under so much pressure.
Mandago finds himself in a vulnerable position due to his love-hate relationship with Ruto in the past opening the possibility of the president succumbing to pressure and throwing him under the bus. Read full article: Mercy Tarus and Uasin Gishu Finland scholarships scam: Political reason why justice will NOT be forthcoming easily
SEE ALSO:
Mercy Tarus exposes Mandago who asked for ATM cards
Revealed: How Mandago Outwitted DP Ruto And Deep State in 2017 elections
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