Finally you have gotten a guest - John Kinuthia who understands finance. For a while the guests you were bringing to speak on finance were so shallow. Ramah Nyang has very vast knowledge in this space as well .Great conversations.
Rama Nyang's response to that question on whether we have a good manager, is so direct! It's the greatest weakness in this economy - incompetent leadership since 2013.
By giving kenya euro bond . The market is funding corruption and politrickal patronage cronyism. Kenya must not given the money until corruption and cronyism and politrickal patronage and criminality and thuggish is removed from kenya.
But though the market was willing to take more, they also asked for 10% instead of the earlier coupon rate of 6%. The financial burden will increase as a result of the high interest rates.
This analogy of the imf being like a woman who feeds her husband arsenic over an extended period of time is quite spot on,the imf structural adjustment programs have desttoyed and stunted growth in various sectors of the economy
We are a plantation. Our job is to pay back the mistakes (debts) of the previous government. The money from Euro Bond 1 (according to Raila) did not reach Kenya. That means we are re-borrowing FOR EVER a debt that never helped us. We might as well petition the King of England to come back because we do not have a country. We will end up like Lebanon.
Q&A What options is the Kenyan government exploring to address the debt repayment situation? 💼 - The government is exploring borrowing concessional loans and seeking assistance from international organizations to address the debt repayment situation. What is the impact of the Eurobond financing on Kenya's existing debt? 💸 - The $1.5 billion Eurobond financing was used to pay off part of the country's existing debt, impacting the overall debt situation. How much of Kenya's collected shillings go towards debt repayment?💰 - 73 out of every 100 shillings collected in Kenya goes towards debt repayment, pensions, salaries for independent offices, and subscriptions to international organizations. What are the implications of Kenya's lower middle-income status on debt repayment?📉 - Kenya's lower middle-income status has implications for the country's qualifications and connections, affecting the country's debt repayment situation. What are the options for addressing Kenya's public debt?📈 - The options for addressing the public debt include using FX reserves, refinancing expensive debt, and extending the repayment period.
Finally you have gotten a guest - John Kinuthia who understands finance. For a while the guests you were bringing to speak on finance were so shallow. Ramah Nyang has very vast knowledge in this space as well .Great conversations.
This discussion is quite insightful.
And even better, the two guests - Kinuthia and Nyang - are beautifully articulate.
Kenya to IMF: kuna deal nangoja iki Ivana I'll come through, for now acha niende ivi nakam😂😂😂😂😂
Rama Nyang's response to that question on whether we have a good manager, is so direct! It's the greatest weakness in this economy - incompetent leadership since 2013.
Can we just let kinuthia speak. He is the expert, isn't he?
I like kinuthia contributions because he is very objective. Forget about the politics and staff, he is talking finance
Exactly, without been bias(no KK OR azimio genes)
He is an imf apologist,do you really believe he doesn't understand the impact of IMFs structural adjustment programs?
Very intresting conversation well done brilliant guest .Rama keep doing what you doing .
John Kinuthia , Finance expert🔥
The real straight talk..but such minds cannot be found on our National Television... Big up guys... learnt alot...
I like how these guys simplified explanation for people to understand....rather than what the other professionals come and use big terns....
Really like the objectivity of Spice guys and the quality of experts you look out for😇
By giving kenya euro bond . The market is funding corruption and politrickal patronage cronyism. Kenya must not given the money until corruption and cronyism and politrickal patronage and criminality and thuggish is removed from kenya.
But though the market was willing to take more, they also asked for 10% instead of the earlier coupon rate of 6%. The financial burden will increase as a result of the high interest rates.
Proud of my fellow Kenyans . Sharp minds
This was an expert panel 👍🏿👍🏿👍🏿
This analogy of the imf being like a woman who feeds her husband arsenic over an extended period of time is quite spot on,the imf structural adjustment programs have desttoyed and stunted growth in various sectors of the economy
How can I access this station in the morning in nbo while going to work? Instead of the useless topics za Maina.
I love the commentary and observation on comment in Forex Exchange
Lovely conversation-lovely host/guest
Having a plan even if it's on a daily, weekly or monthly to do something positive and try to overcome negativity.
If GoK taps Eurobonds then the funds should be ring fenced to promote USD generating investments
All sweet talks will never cure the situation in Kenya the best economists not Ndii advise & is the only way to go.
Could the panelist tell us what the euro bonds that we have taken over the years been used for by the government?
That should be done by govt, not panelists.
We are a plantation. Our job is to pay back the mistakes (debts) of the previous government. The money from Euro Bond 1 (according to Raila) did not reach Kenya. That means we are re-borrowing FOR EVER a debt that never helped us. We might as well petition the King of England to come back because we do not have a country. We will end up like Lebanon.
Back to square one.
I ruther listen to this panel and those of kirubi than watching news🤣 kudoss🔥
I like the conversation
It’s Yamoussoukro not Yamassoukro
Great 👌 explaination
Soko analyst ndio huyu ule wa twitter
He who borrow is a slave to the lender. Kenya wako slaves ya debt. Over 900 trillion shillings in dollars denomination. Kenyans lipa next 1000 years
CAN'T MWANGI THUITA AND COUNTERPART FOUNDER OF EQUITY BANK FIX THE ECONOMY WITHOUT EXECUTIVE INTERFERENCE
Invest in your currency not a foreign one
The capital of Cote D'ivoire is ABIDJAN
It is the de jure (official) capital city. Check again
Q&A
What options is the Kenyan government exploring to address the debt repayment situation? 💼
- The government is exploring borrowing concessional loans and seeking assistance from international organizations to address the debt repayment situation.
What is the impact of the Eurobond financing on Kenya's existing debt? 💸
- The $1.5 billion Eurobond financing was used to pay off part of the country's existing debt, impacting the overall debt situation.
How much of Kenya's collected shillings go towards debt repayment?💰
- 73 out of every 100 shillings collected in Kenya goes towards debt repayment, pensions, salaries for independent offices, and subscriptions to international organizations.
What are the implications of Kenya's lower middle-income status on debt repayment?📉
- Kenya's lower middle-income status has implications for the country's qualifications and connections, affecting the country's debt repayment situation.
What are the options for addressing Kenya's public debt?📈
- The options for addressing the public debt include using FX reserves, refinancing expensive debt, and extending the repayment period.