It's obvious, wonder why this govt was denying yet it was known. Sri Lanka has the same deal.
Who gives money without security in this capitalist world.
Tuliambiwa ni sawa....sgr was not supposed to make any profit...it must have been captured somewhere in the contract that no profit was going to come out of this venture
Read somewhere that they risk losing the airport to the Chinese. Alafu our port berths according to Mohamed Ali have been systematically placed under individuals some who are well known and flaunt questionable wealth..
My biggest worry is the ever waning power of the Kenya shilling. For every one million rmb we signed for back in 2016 we are paying an extra whooping 2 million shilling today as a result of the weakening shilling. Bad news is that the shilling is still sliding into the abyss!
Back then the ugx was 36 to the ksh. Today it's 30.5. The tsh was 23. Today it's 20.5. Hata kama those other currencies are weakening against the big ones, why is ours weakening against our neighbours?