Why Kenya is Africa's Middleman

Поділитися
Вставка
  • Опубліковано 25 лис 2024

КОМЕНТАРІ • 463

  • @AltSimplified
    @AltSimplified  3 роки тому +22

    Thanks for watching! ❤️ You can subscribe and see all our videos here 👍 ua-cam.com/users/AltSimplified

    • @taoriq3632
      @taoriq3632 3 роки тому

      Would you cover the economy of other african states auch as Nigeria 🇳🇬 south africa or Egypt

    • @francismwai9159
      @francismwai9159 3 роки тому

      Kenya economy is bigger than Ethiopian

    • @mirai_trunks_06
      @mirai_trunks_06 2 роки тому

      Do Economy of Brazil🇧🇷please

  • @bahdboy4858
    @bahdboy4858 3 роки тому +245

    I'm Nigerian, but my love for Kenya is huge, the country is all about positivity.
    🇳🇬 🇰🇪

    • @donkimarusr5537
      @donkimarusr5537 3 роки тому +5

      Thank you man

    • @lifehacks1019
      @lifehacks1019 3 роки тому +6

      Yes,in Kenya we never say die!

    • @joeleichum7500
      @joeleichum7500 3 роки тому +1

      What part of Kenya are yall from cuz where Im from in Kenya you can't go driving without a 1/4 chance of dying from an accident and the police are violent

    • @lifehacks1019
      @lifehacks1019 3 роки тому +14

      @@joeleichum7500 Which Kenya are you from!? If Kenya was that violent and accident prone as per your unverified bush statistics you wouldn't be even alive to comment here!

    • @1devoch
      @1devoch 2 роки тому +1

      @@lifehacks1019 😹

  • @madoxxxx06
    @madoxxxx06 3 роки тому +263

    Kenya is the biggest African investor in Rwanda, and they are getting good returns. Love Kenya from Rwanda 🇷🇼🇰🇪

    • @derrickmutuma7185
      @derrickmutuma7185 3 роки тому +29

      True. I am Kenyan and I intend to invest in Rwanda. Pamoja tusonge mbele.

    • @madoxxxx06
      @madoxxxx06 3 роки тому +26

      @@derrickmutuma7185 Karibu or in Kinyarwanda Urakaza Neza!

    • @derrickmutuma7185
      @derrickmutuma7185 3 роки тому +6

      @@madoxxxx06 Ahsante kaka. I will join you guys soon.

    • @goodjoseph220
      @goodjoseph220 3 роки тому +9

      @@madoxxxx06 I would love to visit Rwanda and probably invest. Am from Kenya

    • @samuelmuzeze5498
      @samuelmuzeze5498 3 роки тому +7

      You forgot about Congo which is your first export partners and the ones that invest the most in ur economy after Kenya (IMF)

  • @jameskamotho7513
    @jameskamotho7513 3 роки тому +151

    Quick correction. LAPSETT is not funded by the Chinese. The first three berths have been funded internally at a cost of $300 million, while Kenya Ports Authority intends to engage a private company to build and operate the rest of the 29 berths. Good work though. Thanks for featuring us!

    • @kkapalle
      @kkapalle 3 роки тому

      Don't believe what is released to the media

    • @Muriithi_wa_Irungu
      @Muriithi_wa_Irungu 3 роки тому +13

      VERY VERY correct. LAPSSET PROJECT IS FUNDED BY KENYANS

    • @theubbakoderoshow8554
      @theubbakoderoshow8554 3 роки тому

      No it’s not.

    • @esem135
      @esem135 3 роки тому +5

      People tend to assume any project constructed by Chinese is China funded.

    • @philkimani1085
      @philkimani1085 3 роки тому +5

      These Racists can't imagine Africans doing anything for themselves.

  • @MichelNabil
    @MichelNabil 3 роки тому +48

    Greetings from Egypt 🇪🇬❤️ Love Africa 🌍 and Kenya 🇰🇪

  • @ezzatelbially8736
    @ezzatelbially8736 3 роки тому +66

    wishing all the best for our Kenyan brothers, greeting from Egypt

    • @listenup2882
      @listenup2882 2 роки тому +1

      Sure

    • @snowforest6487
      @snowforest6487 2 роки тому

      Yeah no, egyptians and morrocans dont like black Africans not accepting your fake wishes

    • @1devoch
      @1devoch 2 роки тому

      All the best to Egypt! 🇰🇪

    • @michaelchege4970
      @michaelchege4970 2 роки тому

      Wish you well too

  • @Klauserasme
    @Klauserasme 3 роки тому +49

    im rooting for kenya 🇭🇹🇰🇪

  • @payemalarydangan4773
    @payemalarydangan4773 2 роки тому +263

    If you are reading this make today an amazing day and keep moving towards your goals. success comes to those who never give up.

    • @leroyboucher463
      @leroyboucher463 2 роки тому

      Yeah! Always remember to set a goal in life. That’s the rule

    • @jacquesfrederic
      @jacquesfrederic 2 роки тому

      Remember its never too early or too late to become smart with your money. Save invest, work do whatever you need to do to grow your wealth.

    • @flourishmorales5200
      @flourishmorales5200 2 роки тому

      My mother thinks she got a great deal because she gets 0.05% in a money market account through Navy Federal, and get Fiddle Faddle buy 1 get 1 free at Aldis this work so she thinks she’s smart with her money. while I made 25% last year on 750k portfolio investing, I don’t have the heart to tell her she is clueless.

    • @guntherdietrich7139
      @guntherdietrich7139 2 роки тому

      @@flourishmorales5200 Wow that’s cool, I have been looking to start investing recently watching self-tutorialc videos on UA-cam can you share some tips to start investing for newbie.

    • @Monikaestor
      @Monikaestor 2 роки тому

      @@guntherdietrich7139 Buy stock and hold

  • @justooluoch2468
    @justooluoch2468 3 роки тому +55

    The devolved system of governance has played the biggest role in Kenya's current growth.

  • @rang3688
    @rang3688 3 роки тому +77

    Correction, Kenya is 3rd largest sub-Sahara Economy, not Ethiopia.

    • @AltSimplified
      @AltSimplified  3 роки тому +8

      Thanks for the comment. We went off the World bank Database and IMF country reports as at 2020 current and PPP $.

    • @mwanikimwaniki6801
      @mwanikimwaniki6801 3 роки тому +11

      @@AltSimplified The government rebased it's GDP the other day.. Our economy is larger than Ethiopia's.

    • @naijabelle4961
      @naijabelle4961 3 роки тому +4

      @@AltSimplified Learn to use very recent details from each country's Bureau of Statistics or each country's relevant authorities.

    • @rang3688
      @rang3688 3 роки тому +12

      GDP (PPP) Ethiopia 🇪🇹 is above Kenya 🇰🇪, but GDP (Nominal) Kenya is above Ethiopia. Here, they use GDP (PPP).

    • @rifleboy4837
      @rifleboy4837 3 роки тому

      @@rang3688 what is "is able ethiopia"?

  • @allcontent196
    @allcontent196 3 роки тому +90

    Actually, Kenya's growth prospects are on its human resource which is the country's biggest foreign exchange earner. Besides outsourcing which you covered in barely 30 seconds, the country has a rapidly growing diaspora that contributes at least 3% to its GDP. Another thing is that Kenya's companies are heavily investing in the region more than any other East African country. Alongside joint infrastructure projects with other EA countries, the increased integration could dramatically improve the country's economy. Informative video though.

    • @cyantess8423
      @cyantess8423 3 роки тому +7

      & most of us are preparing to head home for good with knowledge transfer & $$ to invest

    • @mwanafalsafa3613
      @mwanafalsafa3613 3 роки тому +1

      @@cyantess8423 true. Where are you based? am looking to start a biz back home, i dont mind having partnerships.

    • @StephenMumbwani
      @StephenMumbwani Рік тому

      @@mwanafalsafa3613 we're here at home if you need boots on the ground or even research in the specific industry you're interested in. Karibu nyumbani

  • @iannjari6833
    @iannjari6833 3 роки тому +50

    Wow! I watched this immediately it was posted (from Nairobi). You've well captured the diverse economy of Kenya. Great stock footage by the way. This being the longest video makes me like this channel even more👌

  • @NoRockinMansLand
    @NoRockinMansLand 3 роки тому +25

    Nice, I love Kenya since we are neighbors 🇪🇹❤🇰🇪 One Love to east Africa and the whole of Africa

  • @antonderitu1877
    @antonderitu1877 3 роки тому +29

    This is a very well done video. Your stock footage is excellent. Your information is 98% accurate. Bravo
    Kenya has the potential to be a great power house .

  • @victornderu143
    @victornderu143 3 роки тому +36

    This was Golden. you got the facts right even the history. And the production quality is on another level.

  • @ezzatelbially8736
    @ezzatelbially8736 3 роки тому +21

    Great to hear about the plans to connect Kenya, Uganda & South Sudan by rail.
    Egypt & Sudan also are currently working on plans for a rail connection between the two countries.
    In the future, it will be great to have a complete rail connection between Mombasa on the Indian ocean to Alexandria on the Mediterranean

    • @MafuraG
      @MafuraG 3 роки тому +6

      I hope our grandchildren would be able to make such a trip

  • @TheTororist
    @TheTororist 3 роки тому +50

    correction, the port of lamu was fully funded by the kenya tax payers not a chinese loan

  • @tkk3852
    @tkk3852 3 роки тому +22

    Wonderful video Altsimplified. Thank you for sharing about Kenya which is doing well economically despite having no mineral resources or fertile soil for farming.

    • @AltSimplified
      @AltSimplified  3 роки тому +8

      It's a less talked about but essential lynchpin of global trade

    • @happyone5537
      @happyone5537 2 роки тому

      Kenya is soil fertile.

  • @asgava5484
    @asgava5484 2 роки тому +10

    great insight!👌👍
    all the best to our brothers, greetings from UG. 🇺🇬🇰🇪

    • @1devoch
      @1devoch 2 роки тому

      One love 🇰🇪

  • @zinedinezethro9157
    @zinedinezethro9157 3 роки тому +22

    Damnnnnn the production quality has increased! Great job as usual, amazing stuff.

  • @mosesgitahi3092
    @mosesgitahi3092 3 роки тому +20

    I have never clicked a video that fast.

  • @inbetweenlife
    @inbetweenlife 3 роки тому +24

    Kenya is on the right growth trajectory......
    Increasing manufacturing
    Opening up arts,creative and film industry
    Continue efforts to build robust foreign policy
    And bridging the inequality gap

    • @waynicliz
      @waynicliz 2 роки тому

      Film should be the least they should worry about

  • @achangyw
    @achangyw 2 роки тому +4

    So happy for Africa. Keep talking about economy, debt management, jobs, education , advancement in science and at all costs, avoid war. I love Africa.

  • @mobeya2345
    @mobeya2345 3 роки тому +39

    Three things that set Kenya back are : Corruption, Corruption and Corruption. Tribalism is not that much of an issue any longer. Sadly, however, successive generations have been infected by the corruption disease . And the beat goes on……

    • @jesseomollo9405
      @jesseomollo9405 3 роки тому +1

      And the tribalism still stems from corruption....politicians stoking the fires during the election, though you are right by saying it's at a low compared to before

    • @esem135
      @esem135 3 роки тому +4

      Many African countries suffer from the two issues, but Kenyans tend to shout the most about theirs. You'd think it is unique to Kenya. I have no problem people asking for better, but self damage is a serious disease.

    • @ucktri1115
      @ucktri1115 3 роки тому +1

      @@esem135 COOORRECTT!!!!!

    • @patrickkarani4543
      @patrickkarani4543 3 роки тому

      Another major problem kenyan continue electing corrupt leaders, due to tribalism they prefer one of there own in higher offices even if they are told a thousand time that man or woman is corrupt and a thief even they are shown evidence but kenyan close there eyes and ears and elect corrupt leaders who in turn steal from the country.

    • @illuminate4969
      @illuminate4969 2 роки тому +2

      Am glad tribalism is actually dying..hopefully we'll be able to curb corruption and improve people's lives by 2030

  • @dav9104
    @dav9104 2 роки тому +7

    Why no upload?

  • @nadeemchaudhry6585
    @nadeemchaudhry6585 3 роки тому +29

    Great video
    A major problem is corruption which will lead the country to eventually walking into the middle income debt trap for decades, especially if they are in debt to China at the same time.

  • @reaganelly9263
    @reaganelly9263 3 роки тому +10

    Loved the video, also loved learning about the Kenyan economy.

  • @mkenyamzalendo4130
    @mkenyamzalendo4130 3 роки тому +69

    I don’t think Ethiopia is ahead of Kenya currently.

    • @heinuchung8680
      @heinuchung8680 3 роки тому +11

      It isn’t but it is growing much faster

    • @AltSimplified
      @AltSimplified  3 роки тому +13

      Thanks for the comment. Yes that's correct according to the World Bank and IMF data

    • @mwanikimwaniki6801
      @mwanikimwaniki6801 3 роки тому +7

      @@heinuchung8680 Hardly. They are warring right now.

    • @upskill8585
      @upskill8585 3 роки тому +1

      @@AltSimplified bro can u tell how did you promote yur channel in rhe beginning. I am trying from one year but you tube does not rank my video. You are also a new starter so can u tell how you tube ranks yours and some techniques how to get you tube rank your video I use you tube adds and got only 50 subscribers

    • @rang3688
      @rang3688 3 роки тому +2

      @@AltSimplified you are using PPP instead of Nominal. And from that perspective, it is equal to mean Egypt is the largest economy, in Africa and China in the world, when we know it is Nigeria and USA respectively.

  • @mutegikimathi6258
    @mutegikimathi6258 3 роки тому +20

    Great video. But you missed what is arguably the strongest driver of Kenya's economy today --technology or is it IT? In fact, you could do a full-length video on that alone.

    • @AltSimplified
      @AltSimplified  3 роки тому +11

      Hi Mutegi, please ignore the spam impersonator who spelt Altsimplified as AHSimplified. Great point on IT, we only loosely touched on it with outsourcing

    • @MainaGakuru
      @MainaGakuru 3 роки тому +3

      @@AltSimplified and the table baking thingy, I've seen it change small businesses that can't be able to access credit from banks. You can loop that in too

  • @Brian-ul2mw
    @Brian-ul2mw 3 роки тому +3

    I'm happy to see one of my favourite channels covering my country.

  • @TheGtatu
    @TheGtatu 3 роки тому +6

    This is such a great synopsis. Well done!

  • @hassangingi7033
    @hassangingi7033 3 роки тому +22

    Correction: Kenya is the 3rd biggest economy in sub Saharan Africa

  • @Keefan1978
    @Keefan1978 3 роки тому +9

    Really interesting. Thank You! In the end of the video You mention, there are other important topics regarding Kenya. Hopefully You'll be addressing those in a next video!

    • @foxbussiness.3127
      @foxbussiness.3127 3 роки тому

      thanks for your Comments. let me introduce you to something profitable and Intresting. Text us on Wha@pp..

  • @parthpalan6813
    @parthpalan6813 3 роки тому +8

    Was waiting for your video. Really enjoy them.

    • @NisarKhan-jm1uh
      @NisarKhan-jm1uh 3 роки тому

      That would be cool. Colombia is an awesome country

  • @elkiq95
    @elkiq95 3 роки тому +3

    Breathtaking views of my country. It's like I have never been to Kenya. Thank you ✌🏾🖤❤💚

  • @chelseafan4eva
    @chelseafan4eva 3 роки тому +21

    Great video although I'd argue that Kenya didn't actually follow African socialism, many in government at that time professed an "african capitalism" in contrast to the African socialism that Julius Nyerere was trying in Tanzania

    • @martinstarford6209
      @martinstarford6209 2 роки тому

      That's why until now you suffer from development

    • @citylinkproject9901
      @citylinkproject9901 2 роки тому +1

      Julius Nyerere came out of power 37 years ago , Tanzania is the tenth largest economy in Africa right now . what Dr Nyerere built in Tanzania is national cohesion , there are 120 tribes in Tanzania how do you bring these people together ? ,it is through common language (Kiswahili) and what he preached Afrikan brotherhood , tribalism is not what you find in Tanzania and that is a good foundation.

  • @wondwessenshibeshi3716
    @wondwessenshibeshi3716 3 роки тому +10

    I enjoyed every frame of the video and each of the words it came out of your voice. It was well researched; you deserved my respect gentle bow.
    When will you do a story on Ethiopia 🇪🇹? The comparison also the east African countries economy will be helpful.
    Thank you!

  • @williamnganga8095
    @williamnganga8095 3 роки тому +11

    Kenyan economy is larger than Ethiopian

  • @summerfield01
    @summerfield01 2 роки тому +11

    DO NOT PAY YOURSELF FIRST. THAT'S THE WORST BUDGET ADVICE I'VE EVER HEARD. IT UNDERMINES THE CURRENT FINANCIAL REALITY OF THE LOW AND MIDDLE CLASS. BILLS, FIRST, SAVE AFTER.

    • @TheKarina-ns1ob
      @TheKarina-ns1ob 2 роки тому +1

      The "pay yourself first" strategy involves making a budget of wants and needs. Once you budget your needs, you know how much money you can pay yourself first before spending on wants. Pay yourself first, and pay bills when they are due...

    • @summerfield01
      @summerfield01 2 роки тому +1

      I know what the strategy is. Learned about it back in 2014 while taking an economics and finance class. Also, now that it was first created in the early 1920s when we were living in a very different economic state. That strategy should not apply to people where we are currently. I agree with everything else you said though and think this was great content to share. 🙏

    • @meredithpoor1042
      @meredithpoor1042 2 роки тому +1

      True! Building wealth involves developing good habits like regularly putting money away in intervals for solid investments. The stock market has plenty of opportunities to earn which I took advantage of. I made my first million from going diverse, mainly ETFs(stocks, bonds, etc), bitcoin, and gold. I'm also working on an investment plan that includes NFTs with my advisor, Mrs. Pamela Kay weaver. It's been a year and a half of steady growth.

    • @FlorianGeerts
      @FlorianGeerts 2 роки тому

      She has been trading for me, her strategies are wonderful and she made me see binary and forex trade from a different dimension. I keep making profits weekly7. She has been trading for me, her strategies are wonderful and she made me see binary and forex trade from a different dimension. I keep making profits weekly

    • @PatriciaGabrielaTorres
      @PatriciaGabrielaTorres 2 роки тому

      5.4BTC and still counting in just 2 months, Expert Mrs Pamela is the trade Queen 👸 as far as I'm concerned.

  • @joshuamachanule2487
    @joshuamachanule2487 3 роки тому +3

    Thanks for explaining the economy of Kenya

  • @casper9597
    @casper9597 3 роки тому +5

    What a Beautiful country we live in!

  • @biklo01
    @biklo01 3 роки тому +9

    Kenya is the 3rd largest economy in subsaharan Africa.

    • @NisarKhan-jm1uh
      @NisarKhan-jm1uh 3 роки тому +1

      It also has the largest economy in Eastern and central africa

  • @williamnganga8095
    @williamnganga8095 3 роки тому +16

    Lamu port isn't financed by China.Lamu port is solely financed by the Kenyan government

    • @samuelmbugua4488
      @samuelmbugua4488 3 роки тому

      Nope

    • @foxbussiness.3127
      @foxbussiness.3127 3 роки тому

      thanks for your Comments. let me introduce you to something profitable and Intresting. Text us on Wha@pp..

    • @foxbussiness.3127
      @foxbussiness.3127 3 роки тому

      +➊ ➌➋➊➐➎➑➒➐⓿➊

    • @jdoe9987
      @jdoe9987 3 роки тому +5

      @@samuelmbugua4488 But it is. LAPSET Phase 1-3 at a cost of $300M is fully funded by your taxes.

    • @mwas2020
      @mwas2020 3 роки тому +1

      @@samuelmbugua4488 Lamu port has been funded by Kenyans. China only won the contracts to build.

  • @Dok2023
    @Dok2023 3 роки тому +10

    Kenya overtook Angola into 3rd position.

  • @emmanuelgathara696
    @emmanuelgathara696 3 роки тому +10

    Thanks. People do not focus on Kenya enough and they ignore its potential, while the country could easily outsmart every country on the continent in the coming decades. People are typically drawn to Rwanda, Ethiopia, South Africa, and Nigeria when Kenya is where the money's at.

    • @TamimLB
      @TamimLB 3 роки тому +2

      Nah dude, SA is where the money is at.

    • @mwanikimwaniki6801
      @mwanikimwaniki6801 3 роки тому +1

      @@TamimLB Sure... SA, the country where its residents want to slaughter each other to oblivion.

    • @TamimLB
      @TamimLB 3 роки тому +1

      @@mwanikimwaniki6801 where tf did you hear that lie?

    • @mwanikimwaniki6801
      @mwanikimwaniki6801 3 роки тому

      @@TamimLB Lie? You can't be that sheltered.

    • @TamimLB
      @TamimLB 3 роки тому +1

      @@mwanikimwaniki6801 So you think South Africa is just full of homicidal people? Can you get any more arrogant? Just say you hate South Africa for no reason and leave man.

  • @jefmweds
    @jefmweds 2 роки тому +3

    The lamu port is fully government-financed, Kenya is not seeking to be a middle-income country but it's a lower-middle-income country. Before the post-election violence of 2008, the country's GDP growth was at 7.2%, it was among the fastest-growing economies in the world. I believe, we have great potential in increasing our manufacturing level. Income inequality is a monster that the current regime can't slay because it will be like someone trying to cut his own hand. But overall, Kenya has made great development in road infrastructure, energy and we are witnessing more and more Kenyan companies move to invest regionally.

  • @pattammalvaradarajan9017
    @pattammalvaradarajan9017 3 роки тому +17

    The idea to increase manufacturing sectors' contribution to GDP is a challenge. India has Make in India scheme to improve productivity locally.
    As for Kenya, if it's natural resources are less compared to Niger, Ethiopia etc., importing raw materials and producing finished goods need a good comparison if cost efficiency with other countries.
    Arguably technology is an answer. Still Kenya needs lithium, iridium etc., to make high quality products to compete with high income countries and China.
    Focus on small scale industries and clusters to produce consumer goods. That way consumption can be matched with production.
    Slowly exports can be encouraged.
    Improve product and service quality. Include IT. Less of corruption and ease of going business can encourage foreign investment.
    Local employment with increase in farm income by modernizing agricultur is a must.
    Women labor has to be utilized by farming women entrepreneuriall groups and banking facilities can increase GDP.

    • @praizband
      @praizband 3 роки тому

      Insightful !

    • @Dok2023
      @Dok2023 3 роки тому

      Good advice. I agree with you.

    • @lindahn877
      @lindahn877 2 роки тому +1

      I think that's why Uhuru has pushed for the inclusion of DRC into the EA block if you know you know. Kenyans leaders knows for Kenya to be a power house they need to be playing big politics Kenya big banks are operating in DRC then the army have been sent to DRC to maintain peace but at the end of the day Kenya knows what it wants its the lithium that is my point of view

    • @stevensmith2078
      @stevensmith2078 2 роки тому

      Development Economics 101 from forever, which is not followed by most countries or printed by developed ones:
      Industry should focus on low value added areas for export. This is how all countries move up the value chain and industrialize. A lower exchange rate is also key to making the country competitive in terms of exports so it can attract industry.
      Evidence: Japan, Taiwan, Korea, Vietnam, China.

  • @wendl2328
    @wendl2328 3 роки тому +7

    Kenya has very good Safari. The electric infrastructure is good. Uganda has very good electric infrastructure
    Too. Actually, Uganda is exporting electricity to Kenya. Both are on top for electRic iNfrastructure. Ivory coast is at the top for electric infrastructure as well.

  • @Goch46
    @Goch46 3 роки тому +7

    Kenya could have been 10x better than this could it have eliminated its widespread corruption

  • @Muigai-i5e
    @Muigai-i5e 3 роки тому +3

    well-detailed economy of kenya..have been looking for one of these

    • @AltSimplified
      @AltSimplified  3 роки тому

      Thanks! Our longest video but hoping to provide more videos in this format.

  • @Hamsteak
    @Hamsteak 3 роки тому +7

    You seriously need more subs with this great content

    • @AltSimplified
      @AltSimplified  3 роки тому +1

      Thanks Justin. Hoping to deliver more consistently and upping th le quality first 😉

  • @impyexgaming1199
    @impyexgaming1199 3 роки тому +8

    We need a video discussing Colombia’s economy

    • @AltSimplified
      @AltSimplified  3 роки тому +3

      Now that's a fascinating economy! The difficulty is the stock footage 👍

  • @t0n0k0
    @t0n0k0 Рік тому +2

    I would like to see this video again in 2026. And see what has been going on in a bigger picture.
    Small progress each quarter seems to be holding well, even with few internal and more international pressures.

  • @njungahehu3982
    @njungahehu3982 3 роки тому +8

    In Kenya we need to tackle corruption,reduce reliance on foreign debt and establishing a sovereign fund,funded by a percentage of profits from state entities, a 5% of the excise duty due to having high internet/mobile penetration and taxing the rich in addition capital gain where government infrastructure are done/carried out(speculative price occurs).I believe this fund can be use for development ONLY namely infrastructure,health and education.

    • @michaelochido3244
      @michaelochido3244 11 місяців тому

      @njungahehu...thanks for your relevant points...I have just been watching the video on Norway's wealth fund....that's the best way to go ..but only after slaying the dragon of corruption and looting!

  • @TamimLB
    @TamimLB 3 роки тому +3

    May you do a video on South Africa's economy?

  • @phillipmuriithi7087
    @phillipmuriithi7087 3 роки тому +8

    Kenya is 3rd biggest economy in sub Sahara Africa not 4th

  • @patriiotmkenya2919
    @patriiotmkenya2919 3 роки тому +7

    WEWE LAPPSET /Lamu port is fully funded by the Government of kenya

  • @mistoryn
    @mistoryn 3 роки тому +3

    1:41 great video, I liked it only a hut has to be placed somewhere 😊😊

  • @farooq4986
    @farooq4986 3 роки тому +2

    Precious information

  • @jeh1333
    @jeh1333 3 роки тому +3

    Cut out business and political corruption, reduce import tariffs and growth will come naturally.

  • @NomadShifu
    @NomadShifu 3 роки тому +2

    The Economy of Kenya is a market-based economy with a few state enterprises.

  • @ksgrmdsdl2383
    @ksgrmdsdl2383 3 роки тому +2

    Great video

  • @albanojiambo7779
    @albanojiambo7779 2 роки тому +1

    Tackling corruption remains the big challenge, but still great strides have been made especially regional integration which has boosted trade and growth in IT and our service industry. The development of infrastructure is also a game changer, transforming the urban set up in the country, and with sustained growth, we'll achieve a lot. The biggest catalyst though, is our devolved system of government which has channelled a lot of resources to most citizens and in the next 10 years, a different Kenya will emerge.

  • @tebogomvelase3449
    @tebogomvelase3449 3 роки тому +4

    Please Do South Africa

  • @RootsMizizi
    @RootsMizizi 3 роки тому +1

    Supporting Manufacturering should be on the table for the next government, if they want to stay competitive in the region.

  • @inkchip7351
    @inkchip7351 3 роки тому

    I've learnt so much thank you! Subscribed!

  • @mahamudul_youtube
    @mahamudul_youtube 5 місяців тому

    Really awesome video. You must have noticed that I follow your videos regularly and share them with my friends but we noticed that there are some reasons why your videos don't get enough views like comments which I am going to show you if you are interested.

    • @AltSimplified
      @AltSimplified  5 місяців тому

      Sure, always appreciate feedback. Feel free to leave a comment

  • @machariamaina437
    @machariamaina437 3 роки тому +4

    The Batman of Africa

  • @mirai_trunks_06
    @mirai_trunks_06 2 роки тому +1

    Do a video about: Economy of Brazil🇧🇷 please

  • @jouvertalandwa5337
    @jouvertalandwa5337 3 роки тому

    Great video, very well researched

  • @goodjoseph220
    @goodjoseph220 3 роки тому +1

    Its not fourth but 3rd. In less than 1min and I realize a mistake

  • @donkimarusr5537
    @donkimarusr5537 3 роки тому +1

    We grow tea in our farm....Kapsabet and Nandi hills

  • @stevensmith2078
    @stevensmith2078 2 роки тому +1

    The SGR cost 3x the international standard. But the difficult terrain cited in the video necessitating bridges and tunnels does not exist.
    Try again.

  • @shubhashish7090
    @shubhashish7090 3 роки тому +1

    now can we have a video on Nigeria as future economic prediction is gr8 for Nigeria and would love to see ur take on it

  • @twistl.is.t817
    @twistl.is.t817 3 роки тому

    Taxes too are a huge problem, most especially to investors, both foreign and domestic.

  • @eastzooadmin6416
    @eastzooadmin6416 2 роки тому +2

    Lapset was not funded by china, as a UA-camr you should do your research, it was first funded by the East Africa community and later on AU decided to put some fund, since the project will connect the south and north of Africa through the east Africa.

  • @sisssss6827
    @sisssss6827 3 роки тому +2

    I hope you can do more videos on other African countries

    • @AltSimplified
      @AltSimplified  3 роки тому +2

      Planning to! The hardest part is finding the footage tbh

  • @avrinrose5457
    @avrinrose5457 Рік тому +1

    Can you make a video about Malaysia?

  • @lechen5540
    @lechen5540 3 роки тому +2

    The biggest issue against Kenyan people is the corruption according to my experiences in this great country.

  • @tetradenterprises4114
    @tetradenterprises4114 3 роки тому +2

    I am Kenyan and I know that Ethiopian economy has surpassed the Kenyan one. Let's rely on the world bank's facts. But Kenya has a greater potential of growth considering it's connectedness to several other countries.

    • @yasuke230
      @yasuke230 2 роки тому +1

      You're wrong, know better 😬

    • @simonkgitau2022
      @simonkgitau2022 2 роки тому

      What is the gdp of Ethiopia?

    • @jamesmaina7004
      @jamesmaina7004 2 роки тому +3

      Don't forget Ethiopia has two or three times compared to to our population and this affects the bottom line per Capita income. An average Kenyan is three times better off than an Ethiopian in terms of quality life.

  • @gabrielkituku4390
    @gabrielkituku4390 3 роки тому +2

    Correction before I watch your video. Kenya is the 3rd Biggest Economy in Sub-Saharan Africa after South Africa. Thank you.

  • @therealinsight9930
    @therealinsight9930 3 роки тому +3

    The part about the port of lamu was funded by the taxpayers money but built by a Chinese company

  • @ngetherlands
    @ngetherlands 3 роки тому +8

    Kenya 🇰🇪 is a bigger economy than Ethiopia do your research well instead of uploading wrong information

    • @ssavadia
      @ssavadia 3 роки тому

      Ethiopia is larger

    • @esem135
      @esem135 3 роки тому

      @@ssavadia No it is not, maybe population wise.

  • @staticshockk
    @staticshockk 3 роки тому +2

    fun fact Kenya did become an independant country in 1960 as a multi ethnic nation within british made borders. But before that the british empire gave Jubaland province to somalia as it was a somali inhabited region. The somali ihabited NEP of kenya (modern day garissa, wajir and mandera counties) also wanted to join Somalia but got almost ethnic cleansed and forced to stay in Kenya. The region has now no major importance to kenya but one might say that kenya is a bit of modern day colonial empire.

    • @soupgod1448
      @soupgod1448 3 роки тому +1

      Do you understand the meaning of ethnic cleansing?
      And every country in Africa is as a result of colonialisatioon not just Kenya

    • @esem135
      @esem135 3 роки тому +4

      @@soupgod1448 Somalis think they were the only ones divided up. As shallow as it can get. All of Africa was divided up.

    • @ngarumurray
      @ngarumurray 3 роки тому

      LOL

    • @soupgod1448
      @soupgod1448 3 роки тому +6

      @@esem135 exactly bro
      They always like to play the victim and they are the ones who discriminate against fellow 'bantu' Africans who they call jareers
      They are anything but the victims

    • @staticshockk
      @staticshockk 3 роки тому

      @@soupgod1448 actually the name jareer was never meant to be discriminatory. It means hard and it’s used for somalis or bantus who have a bit thicker afro. The word was made discriminatory by omanis who used it separate somali empires from the Swahili coast. And also I didn’t mean this to come out as oh am victim, but rather tell this person he forgot to put jubbaland with the rest of British East Africa

  • @african1141
    @african1141 3 роки тому +1

    point of correction port of lamu has been funded by Kenyan government and the Chinese were only the contractors

  • @karsevak.hanuman
    @karsevak.hanuman 2 роки тому +1

    Waiting for new vids

  • @alonsobrazzel3011
    @alonsobrazzel3011 2 роки тому +2

    👉☻🇰🇪 - EAST AFRICAN COMMUNITY has now Grown to "SUPER SEVEN" (7) Countries with the Resent Admission of DR CONGO. 👈
    👉 - The Countries now are Kenya, Uganda, Tanzania, Rwanda, Burundi, South Sudan and DR CONGO with SOMALIA & ETHIOPIA waiting to be ADMITTED.👈❌❎

  • @ssavadia
    @ssavadia 3 роки тому +4

    Kenya has one of the largest indian diaspora and is part of India's master plan to make Kenya the gateway to Africa

  • @akilliyanage9133
    @akilliyanage9133 3 роки тому +2

    could you do sri lanka

  • @njungahehu3982
    @njungahehu3982 3 роки тому +1

    It'a good documentary but with gaps.You left innovations,the best internet penetration and speed,the best hospitality industry,people and culture.BUT i believe service industry and hospitality is our future which will help in farm produce(food)consumption.

    • @mpendakiswahili3053
      @mpendakiswahili3053 3 роки тому

      So what?? Watu wetu wako njaa, wengine wanaafa na ukame,wewe una ng'ang'ania .. biggest economy...

    • @mwanikimwaniki6801
      @mwanikimwaniki6801 2 роки тому

      @@mpendakiswahili3053 They are dying because of poor infrastructure

    • @yasuke230
      @yasuke230 2 роки тому

      @@mpendakiswahili3053 Video yenyewe haihusu ukame ama njaa! Kojoa ulale😁

  • @nelsonukaishajr
    @nelsonukaishajr 3 роки тому +4

    Is Ethiopia bigger in GDP than Kenya or the other way around?

    • @oderootieno8726
      @oderootieno8726 3 роки тому +1

      Kenya’s GDP is the third largest in Sub-Saharan Africa behind Nigeria and South Africa. Ethiopia is not in the top 5.

    • @dtwach6820
      @dtwach6820 3 роки тому

      Yeah but no political stability arent you murdering each other right now

    • @mwanikimwaniki6801
      @mwanikimwaniki6801 3 роки тому +1

      @@dtwach6820 No we aren't lmao. Ethiopians are though.

  • @gregorytheblackkitten9422
    @gregorytheblackkitten9422 3 роки тому

    Please do Morocco next

  • @andikipchumba
    @andikipchumba 3 роки тому +2

    Kenya is the most developed African country behind SA and Egypt. But please, Lamu port was not constructed by the Chinese.

  • @FaCtro.
    @FaCtro. 2 роки тому +1

    Please upload vedios

  • @TheJMFDUDE
    @TheJMFDUDE 2 роки тому

    could you do botswana or the bahamas next

  • @Jokkkkke
    @Jokkkkke 2 роки тому +1

    Please come back to UA-cam!

  • @cleric7788
    @cleric7788 3 роки тому +6

    20:56 Lane mathematics.

    • @derrickmutuma7185
      @derrickmutuma7185 3 роки тому +2

      That's an old video. The highway has since been expanded and an expressway built over it.

  • @yusufmamasoburov9221
    @yusufmamasoburov9221 2 роки тому

    Please make a video about Uzbekistan

  • @delfinenteddyson9865
    @delfinenteddyson9865 3 роки тому

    9:47 an F for the capsizing fisher

  • @ronopatrick7104
    @ronopatrick7104 3 роки тому +3

    Kenyan economy currently is a giant ponzi scheme depending on imf and overtaxation just to stay afloat. It is in high risk of missing a loan payment

    • @1devoch
      @1devoch 2 роки тому

      Corruption...