Kenya: National Police Service – Press Statement a mandatory registration of firearms (27.05.2019)

Somalia: Ministry of Health & Human Services – Letter to UN Agencies, Donors and International Partners (25.05.2019)

Kenya: Press Statement – High-Level Security Team Dispatched to North Rift to End Escalating Insecurity (23.05.2019)

EACC: Investigations into Corruption Allegations in Kiambu County Government (23.05.2019)

Somalia: Ministry of Foreign Affairs and International Cooperation Statement on blocked entry for Somali MPs in Kenya (21.05.2019)

Nelson Moech MP letter to Speaker of Parliament: “Re: Proposal to Repeal the Credit Reference Regulation 2014” (21.05.2019)

Central Bank of Kenya: Press Release – A Revolution in the Financing of SMEs (20.05.2019)

DPP: Press Statement – Statement on Audio Clip Titled “Wetangula Exposed in Fake Gold Scam” (18.05.2019)

Eurobond 3.0: Marching the state into a debt-trap!

“Kenya has accepted offers of Sh210 billion in a third Eurobond it has named the “Kachumbari bond”, which will be used to repay other loans and fund unspecified infrastructure projects” (Daily Nation, 18.05.2019).

There are already been several of warnings on the rising levels of debt under President Uhuru Kenyatta and Deputy President William Ruto. The Jubilee has raised levels to unbearable levels and certainly, this will hit the economy at one point. As the grace-periods and the repayment levels will eat huge parts of the budgets. This is because of the reckless spending, the grandeur of grand corruption and whatever else the state has spent their ill-gotten funds at.

Because, this isn’t funny, this is spoiling the future and destroying the trust of the financial institution, the value of the currency and also the financial markets. This is all done because of an political elite has found a way of eating, which will in the end cost the state more in the long run. It is a quick fix to take up a loan, but the loans has to be repaid and usually with interest. That means it will not only cost the initial loans, but also the added interests. Plus it will be more damaging if the state cannot pay for it and have to default on the loans. Than it might loose its collateral and has to give away valuable assets, licenses of extractions and others just to barley get by.

This will be legacy of Kenyatta and his Jubilee Party. As they pre-occupied with one scandal after another. As the State is busy scheming finding new ways to eat, instead of finding ways to serve the public. The elite is so hectic about it, it needs to rehash old tricks to fund themselves.

When you have to take up loans for unspecified infrastructure projects, you know its not really that serious. You are just gambling on debt, raising debt and creating an evil cycle of debt management, which in the end will make the state poorer and poorer. As you have to raise more and more funds to have capacity to serve the old loans, while taking up new to cover for the old ones. In the end giving an alcoholic one more beer on credit and not expecting him to want another one after his finished with the first one. That makes you a fool, not cool and aloof.

There isn’t anything good coming out of this, unless you buy yourself land, house and even pay off old creditors, but why care right? Because, you have to down the line find new creditors to keep up with the newly created debt. You might cover for the old debt, but at one point you have to pay for this one too. Its a cycle of slow-destruction, instead of gaining revenue in a natural order. This is just bloating the financial markets, creating a giant bubble, which at one point will burst.

Than, you have a headache you cannot handle. This should be known by the Presidency and the Cabinet itself. This should be basic knowledge, but seemingly they are to happy to eat. That they are filling their pockets and ensuring their wealth is created. While the public in desperation should wonder, why could their representatives misuse their trust, misuse their power and their ability?

Why? Could the state take up three rounds of massive loans, which has nothing to show for. Other than more debt and becoming trapped in cycle, where you only loose and never win. Peace.

Not all Gold that Glimmers: The saga of Wetangula!

Well, there are certain big-men that should thread their waters careful. In the coming days, the FORD-Kenya President Moses Wetangula and a opposition figure with NASA/CORD have to answer for possible crimes committed during a travel last year in Dubai.

Moses is in seriously problems, as documents and phone-call leakage have revealed the participation in the gold-scam done to a Prince in the United Arab Emirates during 2018. Clearly, this story of a forged trade-off, where millions of shillings came into the hands of politician wasn’t supposed to back-fire, but it does.

Wetangula surely wasn’t prepared for this to create headlines, neither become something significant. But now its on the tongue and in living colour for the whole ordeal to be exposed. There was a minor leak in March 2019, but now in May 2019 it has blown up into his face.

The politician have done this sort of thing before with the conning of Japan for a fake land for an embassy in 2015. Therefore, the ability to pull of these stunts are known and Moses has gotten away with in the past. That is why he thinks its cool to con the Arab Prince and his people, as they are getting funds for themselves, selling fake gold. That is great payday.

You can just wonder what is up next? Whose else is implicated and to what degree, as there are talks of CS Fred Matiangi and other close allies of DP Ruto. So, the whole pack of thieves are ready steady, UNGA eating instead of spaghetti.

Alas, the puns and the pushes are getting directed to Wetangula, not the other ones, which should also be implicated, because when you expose Moses, the others should cross the river Nile too. Maybe not lost for 30 years before entering Canaan, but surely there is no dry season for Moses.

In coming days and weeks, the revelations, more dossiers and more information should be leaked. To prove the Con and the scam. Especially, if the Senator are getting off the hook. Since, what has been leaked is possibly showing that his a crook. His not a felon until the bracelets are on, but in the meantime. He has to know, that the taped phone-call and dossier shows his intention and involvement in the Gold Scam.

Surely, the man should answer for his crime, but not anticipate it, as his one the men in high-ranking positions and close to gates of power. Therefore, they could let him off the hook. Peace.