President Uhuru’s lawyer Ahmednassir Abdullahi has offered to buy the newly built Prism towers at 1.2Billion. Senior counsel Ahmednassir asked his friend Lawyer Donald Kipkorir to get in touch with the developer and also prepare conveyancing papers. Pesa Otas !! Don…please give him my number…ready to buy the entire 28 floors for Kshs 1.2b…urgently…and you […]
We Are In Deep Shit, More Suffering To Come As IMF Rolls Out Tough Programme For Kenya, Looting Continues
By Darius Okolla Let’s face it, we are on an economic free fall. Such crises often lasts a few years to decades and the effects stalls mobility for generations. We obv don’t know how long this will last but it’ll be painful and prolly the worst financial crisis any of us will ever live through. […]
You Are No Better Than Tanzanians Or Ugandans, May Be On Social Media- Kenyans Told
By Darius Okolla For decades we’ve been indoctrinated into the belief that we are superior to Tanzanians and more urbanized than Ugandans. The rural North has minimized our access to Ethiopia meaning we haven’t perceived them as direct rivals worthy of comparison. We’ve in turn bought into the national myth of being the regional powerhouse. […]
The Deep Rot In Our Economy And How To Resolve It; Short Term Solution
By Darius Okolla As Dr Ndii clarified in his KTN interview last week, there are no easy choices as far as the Kenyan economy is concerned. Thing is, we’ve maxed out our borrowing, and pretty much maxed out taxation at the same time while perpetuating reckless spending. It gets more alarming considering the economy hasn’t […]
Uhuru to Sack Treasury CS Rotich in mini reshuffle, Eddie Njoroge, Mwangi Equity to Join Cabinet
President Uhuru is said to have had enough of lethargy from his team at the national Treasury headed by CS Henry Rotich and PS Dr Kamau Thugge. Uhuru is said to be angry with CS Rotich mainly for being laid back and not able to explain government policy. Statehouse operatives are said to have pushed […]
Raila Launches SafariLink Kisumu Nairobi Flights, Kenya Airways In Trouble As Competition Gears Up
H.E. Raila Odinga graces the launch of SafariLink Inaugural Flight to Kisumu. ODM Leader Raila Odinga this afternoon graced the launching ceremony of SafariLink, a new bird that has just landed in Kisumu, a ceremony that was presided over by the state Cabinet Secretary for Tourism Hon. Najib Balala who was flanked by Mama Kisumu […]
STATEMENT: Public Debt Crisis; The Cause Of Punitive Fuel Tax, Rise In Cost Living And Raging Poverty
PRESS STATEMENT PUBLIC DEBT CRISIS; THE CAUSE OF PUNITIVE FUEL TAX Once again the over taxed Kenyans are from today going to feel the pain of over borrowing by the government as the price of fuel shoots up. The decision by the Treasury Cabinet Secretary Mr. Henry Rotich to disregard Parliament’s resolution to suspend the […]
Drama Expected in Nairobi CBD Today as Motorists Protest against Fuel Prices
Kenyans who own cars are today morning expected to park them on major roads for three hours to protest against the impending increase in fuel prices. This is after the Treasury revealed plans to implement the 16 per cent VAT on petroleum products on September 1, having deferred it for two years. The VAT is […]
Brace Yourself for tougher Times as Jubilee Increases Borrowing Appetite
Kenyans should prepare for tougher times ahead if Jubilee is to meet the demands of debt repayment thanks to the Government’s appetite for loans. The citizens will have to squeeze more taxes, be ready for inflationary pressure and fight bankruptcy as the government prepares to plug the gulf left by heavy borrowing particularly from China […]
Dear Kenyans, You Must Resist VAT Tax On Fuel, Don’t Be Fooled By PR On Demolitions
KENYANS MUST RESIST VAT ON FUEL Matatu owners have threatened to raise fares by between KShs 10 and KShs 30 depending on the route if government implements VAT on fuel prices in September. Implementation of the tax will see a litter of petrol rise to KShs 130 in Nairobi and even KShs 150 per litre […]
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