A look into the leaked SGR Agreement

“Transport CS Kipchumba Murkomen releases SGR agreement for public scrutiny. Some key loan terms:

~ Loan amount not exceeding $1.6Bn

~ 2.0% per annum interest

~ 0.25% management fee

~ 20-year tenure with a 7yr grace period

~ preference for the purchase of goods from China” (Kenyan Wallstreet, 06.11.2022).

The SGR Agreement decides that the Kenyan Government has 13 years to repay the loans for the Standard Gauge Railway (SGR). This is happening after the 7 year grace period. The agreement was signed off on the 14^th May 2014 and 7 years after that is last year May 2021.

There been speculations about this agreement ever since the Jubilee government signed it and accepted it’s terms. It was even at one point, rumours that the Kenyan government had signed off the Mombasa Port operations to the China EXIM Bank.

What it instead says in addition to the terms of the direct financial manner. It says something very interesting…

A key parts of the SGR Agreement is this, as well as the other mentioned terms: “The Borrower undertakes to procure that the Government of Kenya or the relevant authorities of Kenya shall stipulate and issue preferential policies, regulations or approvals in relation to RDF which could be applied in priority to make the repayment of loans in relation to the Project as owning to the Lender, the Long Term Service Agreement and its due performance, the revenues generated from the Project which will be applied in priority to make the repayment of loans in relation to the Project as owing to the Lender (except for the expenditures of operation and management of the Project), the Inlander Container Depot (inland port) established in Nairobi and its mandatory customs clearance, and all other necessary policies or approvals, with an aim to ensuring the due operation of the Project and the repayment of such loans in relation to the Project as owing to the Leader” (SGR Agreement, 2014).

Here the borrower is setting the terms of usage and how the transport policies are set. This is now in print and in public. It now makes perfect sense why the authorities and the government ordered all goods or movement of cargo is directed to the SGR. That is done in accordance with the agreement actually. Because the stipulation is actually there…

Certainly, you can wonder if Beijing or the China Exim Bank is happy with the leakage of the agreement between them and the Kenyan Government. They would most likely be happy to have it under seal and hidden from the public space. Because, now the realities of this agreement is in the public domain.

The SGR is already a sort of failure and lack of creating revenue. That’s why the SGR haven’t been profitable or had the ability be viable. That’s why the Kenyan Government had to direct all cargo to go through the SGR and to the Navisha or Inland Port in Nairobi. Therefore, this agreement is just showing how bad this deal was.

The one winning here is China and they are getting lots of interests out of it. They are able to get the Kenyan government on their side. The Kenyan Government accepted a huge loan for an expensive railway. A railway that will take forever to be a feasible enterprise. That’s why these terms will be a liability and an expensive expense for the taxpayers in the years to come. While the SGR will not deliver or be able to re-coup the debt. That’s what is tragic here… Peace.

Opinion: Odinga goes into conspiracy theories to defend his loss…

“What we had was a coup d’etat. You even saw the chairman of the Independent Electoral and Boundaries Commission run to announce the results as some of his commissioners denounced the outcome, yet he was celebrated as a hero. They cannot allow that to happen anywhere else in Africa” (…) “The international community could not condemn Mr Chebukati’s actions because they knew what had happened. The African right-wing has always been in conspiracy with the international monopoly capital since independence and Kenyans must be prepared to further sacrifice to win this struggle” – Raila Odinga (07.10.2022).

This time around the Azimio la Umoja – One Kenya Alliance Presidential Candidate Raila Odinga is going overboard in defending his loss in the 2022 elections. We know the Azimio didn’t prepare or even collect workable evidence to sustain in the Supreme Court. The Odinga Secretariat and Azimio was running on vibes and not directly considering the professional work of the Kenya Kwanza Alliance.

It is really interesting that a month has passed since the Supreme Court confirmed William Ruto’s win. Now after the fact his coming with pseudo-intellectualism and conspiracies to why he lost. Odinga should be better than this, but he needs to grasps straws, instead of reflecting on the reasons for his loss. There was internal issues within the Azimio, which has been revealed after the August election and it has never been addressed. The Azimio team could have investigated and looked into how it operated. However, it wants to vilify someone else and continue to target Chebukati.

Chebukati is the epic boogeyman now. His the villain and the grand culprit of a scheme to overturn the August election. That’s what Odinga is saying… while his not reflecting on the reasoning, the evidence or the work of Azimio in general. It is like saying Ruto and KKA has no agency of their own. Only Odinga has agency and ability to work on his own. The rest is either part of a grand conspiracy or working for colonial powers. Alas, how can you put these things together now?

Couldn’t the same arguments and reasoning be used against him, if he would have won and become the next President? If he had become Baba the 5^th couldn’t the cartels and the dynasties be seen as a part of the “deep state”. So, in this regard his making a lot of smoke, but there is no initial fire.

In this manner, Odinga is actually undermining the authorities and the entities involved in the election. His disregarding the KKA and their allegiance to the Republic. They have now overlords, which they are following and directing them. If it is so, wouldn’t the same most likely have happened to him too?

Since Odinga would inherit the same structures, institutions and international obligations, which the Kenya government have to uphold. It isn’t like he would operate in a vacuum or on a lonely island without any pre-conditions what-so-ever. If that sound preposterous or outrageous, well, it is and this is why Odinga needs a pushback.

I have defended and wished Odinga victory in the past. Seeing the plights and the pleas from him in the 2013 and in 2017. However, the 2022 election was different for me. Both the way the IEBC operated and how it could defend it’s role. It’s like Odinga never moved on from the technical and mechanisms the IEBC has made over the years. That’s why Chebukati is getting such wording his way.

What I would prefer, if any of these things was true. Would be a deep dive from the Raila Odinga Presidential Secretariat or the Azimio team. Where Odinga and his associate could prove the involvement and the conspiracy itself. Until then, it’s just hearsay and alleged allegations that cannot be proven. Therefore, it’s just conspiracy theories.

Yes, there will be multi-national organization connected to the Kenyan government. That being the United Nations, International Monetary Fund, World Bank and diplomatic relations with several of other nations. It is not like that would change under Odinga, who himself has been a part of the African Union as an Envoy. He should know the gist of this… and that’s why his conspiracies are of no good. Especially, when his own petition and evidence didn’t hold up in Court.

Odinga either have to deliver a comprehensive report with valid evidence or just accept the loss. Because, his team couldn’t even get a victory like they did in the Supreme Court in 2017. So, he should know the gist of it. However, this is politicking, but not the good kind. Peace.

Kenya: Farmers Party – Farmers Party Condemns Azimio Plan to Derail the Government (30.09.2022)

Opinion: Is Odinga going back to the streets or what?

“Whenever judges resort to insults on advocates, it is as a result of disturbed conscience. Supreme Court is now in politics. Koome said that ruling was inspired by God, I believe it was inspired by the devil” – Raila Odinga (16.09.2022).

This here speech today… just a day after returning from vacation with family on Zanzibar. The Orange Democratic Movement (ODM) and Azimio la Umoja and One Kenya Alliance Presidential Candidate Raila Odinga is speaking his mind the recently ended elections. However, he seems far from finished with it and certainly he will go back to old ways.

Odinga seems to be back on the campaign trail again. He wants to run and be announced winner. That was anticipated ahead of the August 9^th 2022 election. Nevertheless, the results told otherwise. He lost both the declaration and the Supreme Court petition. That’s why the election is exhausted this time around. However, we know that Baba isn’t the man to work in silence or be giving up.

That’s why I have a feeling of a new drive like the OKOA demonstrations and the “reforms” of the electoral law again. A man who tried to change the laws and constitution with the Building Bridges Initiative after the 2017 elections. So, it seems like a power thing now and not an honest effort anymore.

Just read these quotes after everything went down and Baba is certainly playing the cards of which we have seen before. Dismissing the state and the authorities, the government bodies who is in charge or had a say. Especially when they are not having a verdict or an announcement fitting his path.

“If you do not unite, you are going to be ruled throughout the life of this Parliament and yet we have the numbers and strength to be able to be the rulers in the House” (Odinga, 16.09.2022).

“We have three urgent tasks that we must not fail in; save the Judiciary and Legislature from state capture, transform and reform IEBC and make capable of conducting credible elections” (Odinga, 16.09.2022).

“We have had the worst election since the return of multiparty politics” (Odinga, 16.09.2022).

Just by reading these quotes and not listening in to the whole address by Odinga today. It is surely seeing a pattern of first attacking the IEBC and now the Judiciary. Because, none of these gave the results he wanted. Odinga was the next in line and he cannot accept that someone else gotten elected. Neither can he accept that the Petition to the Supreme Court wasn’t good enough and the re-use of the 2017 petition didn’t help the case either.

Odinga is now going back to seemingly revive OKOA stances and wanting similar reforms. Just because he lost yet another election. That’s how it seems to me. Now, he will use the Azimio and coalition to target the entities that blocked his entry into office. That’s why it’s the worst election in history, because he was on a strong ticket and had the incumbent aligned on his team. Alas, that was the fault line and he didn’t consider the total campaign. Neither has the Azimio Secretariat listened to wisdom of others or possibly mistakes, which could have ensured victory.

Instead of looking into the wrongs internally. Odinga is striking at the state and the entities who blocked his entry into office. He cannot phantom that it wasn’t enough popularity to get him into office. Neither, that Ruto was able to play the nation smarter and gain just enough support from his strongholds. That should hurt Odinga, but he surely doesn’t seem to be able to grasp this idea.

He rather go back to renegade and go to the streets again. Where we see the actions in similar fashion of the CORD and what it did in consideration towards OKOA. If he pushes a One Million March. Then we are back to 2014-15 sort of actions. That’s how it’s looking and everyone should be aware.

At this point it seems like revenge and avenge his own losses. Instead of asking what went wrong internally in the Azimio Secretariat. He rather vent his anger against the IEBC and the Judiciary. Peace.

Kenya: Raila Odinga Presidential Secretariat – Re: Invitation to H.E. William Ruto’s Inauguration (12.09.2022)

Kenya: The Judiciary – Sponsored Sustained Attack on the Supreme Court on Social Media (12.09.2022)

Kenya: Raila Odinga Presidential Secretariat – Press Statement (11.09.2022)

Kenya: CS Fred Matiang’i farewell letter (09.09.2022)

Kenya: County Government of Kisumu – Office of the Governor – Message from the Governor to all MCAs in the Kisumu County Assembly (07.09.2022)

Kenya: Elections Observation Group (ELOG) – Press Release (06.09.2022)