Mimi kama mwanachama wa kile kikundi cha kutojua maneno mengi yanayohusu uchumi, why is FDI important? Does it mean foreigners get the opportunity to take our money away from us while paying us peanuts? Ama does it mean we as Kenyans are not investing in our own country?
Ahsante sana.Even America, Japan, China and Europe get and appreciate FDI.
What matters is under what terms the investors come to operate, and the agreements you make regarding taxation, remittances of profits, etc.
We as Kenyans do not have enough serious capital to do significant FDI. Unfortunately, because of desperation and poor leadership, we're often pushed into FDI agreements that disadvantage us. Look at the SGR arrangements, for example.
Lets not pretend Ruto is a saint in all of this. But given the choice, I rather die at the hand of my enemy than that of whom I thought was a friend.
Uhuru has been on a 3 year kenyatta family business growth scheme. From the Mama Ngina waterfront, to monopolizing milk and ripping up plane seats to sell flowers while citizens are stuck in China.
Fuck him and I hope he dies of the rona.
As always, you drift off in a diversionary reaction.
Tell us about the gains made after 2017. Until corona, all you did was to trumpet BBI rallies here.![]()