Drums of War are Beating and We Have to be Worried

By Soko Directory Team / May 3, 2016




The drums are beating, tension is rising, the heat is almost beyond bearable limits and everyone is worried and scared to the core. With only just one year towards the next General Elections in Kenya, the political atmosphere is already changed and the economic world is shaking. Propaganda is already flying around the country, tempers are flaring, perceived betrayals are being driven into the minds of people and old wounds are being uncovered.

The truth is that the economy of this nation is ailing. Our politicians are aware of this only that they do not want to admit. They know the house is burning but they are busy convincing the masses that the bellowing smoke is not smoke from the burning house but fog. The masses, most of them being politically brainwashed tend to trust and believe everything that comes from the mouths of the so called politicians. Kenyan politicians have mastered the skill and the art of telling Kenyans to go to hell in such a polite and kind manner that makes Kenyans to eagerly be looking forward for the trip. The economy is ailing while those in charge are telling the masses that all is well. “Let us forget everything and move on” they loudly say but they forget to tell the masses what to forget and where to move.

When the government took the helm of power, it had one of the best manifestos. A manifesto that was deemed to be the solution to all the problems that were facing most Kenyans. Most of the Kenya’s population is made up of the youth. These youth are unemployed. Being aware of the plight that the youth were going through, the Jubilee administration promised to create jobs. Such great initiatives as National Youth Service were initiated. They were good initiatives. The youth were employed but that did not last long, their work was to work and someone was to utilize their salary. Their money was stolen, hundreds of millions of shillings. The youth went back to their total abject poverty. Some thought the Youth Fund will come to their aid. Just as those who were in charge of the NYS kitty, those in charge of the Youth Fund were the usual hyenas and the money at the fund mysteriously disappeared. No one has been put behind bars. No one.

In order to boost the economy of the country through the upgrading as well as constructing the infrastructure in this country, the government undertook the Eurobond. More than 200 billion shillings was received in the Eurobond. The money came and then disappeared with the treasury unable to pinpoint out a single project that was funded by the Eurobond. The opposition then, claimed that more than 100 billion shillings from the Eurobond had been stolen. The government came guns blazing claiming that no single cent from the Eurobond had been stolen.

A lot was said and soon, as it is the norm, Kenyans forgot and life moved on. What Kenyans failed to understand is that that Eurobond, it was not for those who borrowed to pay but them through the taxes they pay. We are now paying for the Eurobond interests. Shockingly, the government is in the process of acquiring another Eurobond even as statistics emerge showing that every Kenyan, owes those who have lend the country at least 79,000 shillings. The present generation has been ruined and the future of the future generation lies in limbo.

And now the opposition, Coalition for Reforms and Democracy, CORD, is up in arms demanding the exit of the commissioners at Independent Electoral and Boundaries and Commission, IEBC. Thousands of CORD supporters took to the streets demanding the ejection of IEBC commissioners from office. Businesses came to a standstill during these demonstrations in Nairobi and Kisumu. What does the constitution say about the removal of IEBC Commissioners?

Article 251 of the constitution sub-article 2 states that a person desiring the removal of a member of a commission or a holder of an independent office on any ground specified in clause 1 may present a petition to the National Assembly setting out the alleged facts constituting that ground.

Either way, the drums of war are beating and we have every reason to worry.



About Soko Directory Team

Soko Directory is a Financial and Markets digital portal that tracks brands, listed firms on the NSE, SMEs and trend setters in the markets eco-system.Find us on Facebook: facebook.com/SokoDirectory and on Twitter: twitter.com/SokoDirectory

View other posts by Soko Directory Team


More Articles From This Author








Other Related Articles










SOKO DIRECTORY & FINANCIAL GUIDE

ARCHIVES

2019
  • January 2019 (256)
  • February 2019 (216)
  • March 2019 (285)
  • April 2019 (254)
  • May 2019 (272)
  • June 2019 (252)
  • July 2019 (340)
  • August 2019 (170)
  • 2018
  • January 2018 (291)
  • February 2018 (219)
  • March 2018 (278)
  • April 2018 (225)
  • May 2018 (238)
  • June 2018 (178)
  • July 2018 (257)
  • August 2018 (249)
  • September 2018 (256)
  • October 2018 (287)
  • November 2018 (284)
  • December 2018 (187)
  • 2017
  • January 2017 (183)
  • February 2017 (195)
  • March 2017 (207)
  • April 2017 (104)
  • May 2017 (169)
  • June 2017 (205)
  • July 2017 (190)
  • August 2017 (195)
  • September 2017 (186)
  • October 2017 (235)
  • November 2017 (253)
  • December 2017 (266)
  • 2016
  • January 2016 (165)
  • February 2016 (165)
  • March 2016 (190)
  • April 2016 (143)
  • May 2016 (246)
  • June 2016 (183)
  • July 2016 (271)
  • August 2016 (249)
  • September 2016 (234)
  • October 2016 (191)
  • November 2016 (243)
  • December 2016 (153)
  • 2015
  • January 2015 (1)
  • February 2015 (4)
  • March 2015 (166)
  • April 2015 (109)
  • May 2015 (117)
  • June 2015 (121)
  • July 2015 (150)
  • August 2015 (157)
  • September 2015 (189)
  • October 2015 (170)
  • November 2015 (174)
  • December 2015 (208)
  • 2014
  • March 2014 (2)
  • 2013
  • March 2013 (10)
  • June 2013 (1)
  • 2012
  • March 2012 (7)
  • April 2012 (15)
  • May 2012 (1)
  • July 2012 (1)
  • August 2012 (4)
  • October 2012 (2)
  • November 2012 (2)
  • December 2012 (1)
  • 2011
    2010
    2009
    2008
    2007
    2006
    2005
    2004
    2003
    2002
    2001
    2000
    1999
    1998
    1997
    1996
    1995
    1994
    1993
    1992
    1991
    1990
    1989
    1988
    1987
    1986
    1985
    1984
    1983
    1982
    1981
    1980
    1979
    1978
    1977
    1976
    1975
    1974
    1973
    1972
    1971
    1970
    1969
    1968
    1967
    1966
    1965
    1964
    1963
    1962
    1961
    1960
    1959
    1958
    1957
    1956
    1955
    1954
    1953
    1952
    1951
    1950