We are at a time of great political heat that will not recede till the 2017 elections are over and probably will still pick from there due to either succession politics or a new dispensation altogether.
Sometime early this year when I started pointing out that we could be headed for an economic crisis, I used to receive a lot of jeers. At times I was accused of not being either patriotic enough or not toeing the established line of thinking of my ancestral region (nay tribe).
I’m now vindicated. There is too much on the economy to pay attention to, lest we go bust.
Treasury bill rates are alarmingly high already. Mind you borrowing at this rate creates no real wealth to the overall economy as it simply benefits those with liquid paper money.
Despite the gloomy scenario, we have a lot to politick about – from ICC to possible combinations to the 2017 elections. Methinks we have lost the plot of things already.
READ MORE
Treasury goes for UAE loan as IMF cautions of debt situation
Lawyer battles with client over Sh17.5m from property sale
A listening president? Ruto's new statements signal change of tack
Going to the next election, we are likely to experience heated debates and a lot of tribally inclined divisive vitriol. By look of things, the next election may be the most divisive.
With the economy having enough of problems and war on corruption looking more of a losing battle, there is a problem. The road ahead looks quite bumpy!