Market Forces Will Make Minced Meat Of Ruto’s Cabinet List Unless We Have Radical Changes
KEY POINTS
Kenya is an agrarian economy, and we have for decades refused to invest heavily into agriculture, manufacturing, production, and agro-processing that we look like a country stuck in the 18th Century.
We have the opportunity and the potential, but our Achilles is the leadership or rather the political class.
KEY TAKEAWAYS
You cannot aspire to lead the poor into prosperity by condemning the rich into adversity. You cannot strengthen the weak by weakening the strong.
Achieving collective prosperity goal through the bottom-up economic model without proper firewalls against its ills is like sitting on that wheelbarrow and trying to lift yourself up by the handles.
Njau Kihia said this during the just concluded hotly contested elections in Kenya. That there is no nation or state that enjoys economic takeoff by inciting class hatred.
You cannot aspire to lead the poor into prosperity by condemning the rich into adversity. You cannot strengthen the weak by weakening the strong.
Achieving collective prosperity goal through the bottom-up economic model without proper firewalls against its ills is like sitting on that wheelbarrow and trying to lift yourself up by the handles.
The side he was supporting won the election and now is in charge of our country. It is time to focus and work. Like never before BUT the question is, will this be possible?
Kenya is an agrarian economy, and we have for decades refused to invest heavily into agriculture, manufacturing, production, and agro-processing that we look like a country stuck in the 18th Century. We have the opportunity and the potential, but our Achilles is the leadership or rather the political class. Occasionally we show our brilliance and then it is shut down.
Now that politics is behind us and we can now look forward, we are one country under one leadership. Our political affiliations do not matter. We will suffer as one, enjoy as one, and cry as one because unfortunately, the political class hates us with a passion, and everything has been designed for them and them alone.
Looking at the Cabinet Nominee List, I have no hopes and expectations because what we need are radical changes and persons of integrity to manage our country and fix the problems that are now threatening to swallow us alive. We need a serious political will that will put the interests of the country and the people first. Can we get this? It does not matter if David Ndii is in charge of Prof Ndungu. If we do not get the right political will and we do not respect the law and adhere to it and strictly reduce spending by the government, then all is hot air.
Truth is, reducing the cost of living is a pipe dream. Reducing the cost of production is a mirage if we are not honest with ourselves and agree that we need radical and surgical economic solutions to give our economy any hope. Our economy is a market-oriented one and if we tweak this to make it a commanding market, then that will kill markets completely. Prices must be dictated by market forces and not the political interests of those in charge.
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Markets forces are going to be the hardest headache for this administration. Irrespective of the choice for CS for Treasury and Trade. These forces are:
- Opportunity Cost
- Demand & Supply
- Elasticity Of Demand & Supply
- Scarcity & Choice
- Cost of Energy
- Cost of Credit
- The Market Regulatory environment
- Payment of local and foreign debts
- The Forex Environment
- Food Security Status
The KEY Ministries that will make or break the Country in economic terms are:
- Treasury & Planning
- Agriculture
- Interior
- Energy & Petroleum
- Trade & Industry
- Transport & Infrastructure
- Health
- Education
- The AG’s office
These nine will directly affect all of us with great impact because they will determine the cost of living and the level of quality of our living standard. This will be felt directly by everyone. No amount of PR will cover the truth.
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The following issues will push market forces to the breaking limit:
- Cost of Energy
- Cost of Fuel ⛽️
- Cost of farm Inputs
- Cost of Healthcare
- Cost of Living
- Cost of Living
- Cost of Corruption
- Cost of Transportation
- Cost of fines levied against the government
They will catalyze the market’s issues to a point that if we are not careful then these issues will stop being economic & become political. We need the leadership to be honest and to be humble because they are now leading the whole country. Throwing shade here and there and targeting the opposition will only do more damage. Governing the country won’t be easy given the 7M Kenyan