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Archive for the tag “Nairobi”

Opinion: When will the grace period of the Chinese loans end? – While, Kenya and Uganda continues to borrow more!

The Government of Kenya and the Government of Uganda, should both worry about their arrangements and their growing debts, as the non-sustainable rates of debt and higher interests. As the unnatural growth of the national budget, where the lack of revenue is covered with more state debt. To cover both salaries and development projects. All of this has happen over the recent years. As more and more of the yearly budget goes to pay interest on old loans, as the old loans also mature and the rates will become more dire. As the strength of the economy isn’t going in the same rates as the loans. This is in the end a debt trap. A debt trap China has used in other countries.

Sri Lanka is the recent example, which has come into a debt trap, where the Chinese loans has become so dire, become so big and not able to recover. That the collateral for the state was to favorable lease the harbor of Hambantota to the Chinese. They had too, since they couldn’t repay the creditor from Peking. That should be realization from all the others who borrows big and think that the Chinese will not get something valuable back for their funding.

This should be a warning for the Kenyan and Ugandan counterparts, this should be a warning for President Kenyatta and President Museveni. That is if they care about the state resources, about their minerals and about the possible extractions from their republics. If they want to be debt-slaves, or lease away the crown jewels to the Chinese, because they promised favorable debt plans, that in the end put them in juxtaposition, that they cannot come out off; unless they trade away something very valuable. If that would be licenses to drill oil in Turkana or in Bunyoro.

Who knows what the end-game of these massive loans are and if the Presidents and their parties plans to repay them. Or hope that the next generation will try to invent new way of generating money. If so, then they are saved by rare luck and not by planning ahead. These loans are big and taking bigger and bigger slices of the GDP. They are going far beyond the levels of revenue and possible future forecast of funds. Therefore, the loans can only at this point benefit the ones giving them. They will get the repayments and the interests. If they don’t get that, they will take collateral and take other state entities to get their values back. The Chinese are doing that in Sri Lanka, they could easily do that with Kenya and Uganda too. They are in for the taking and ready to muscled out.

The Chinese doesn’t play and doesn’t play with money, they will recollect and they will recover the funds spent. As they are not playing games, they are really investing and hoping to get paid-in-full. They are waiting for the numbers to go from red to black. They don’t expect to loose, and if they do. They will figure other ways to collect the lost.

President Kenyatta and President Museveni should know this, but I doubt they are thinking in this direction right now. They are eating and not caring, but their states and their economist should worry. As the growing debts has a backside, not only the interests and the lack of development it creates, as they have to find bigger revenue to cover the debt and the mature loans, as they have to settle old affairs and such. They don’t go away or get deleted over nothing. They got to take charge and find a way to solve it.

The Chinese will take advantage if they start to default, if they struggle to pay, which could come, if the loans and the negative spiral of lack of revenue continues. That is if the state doesn’t find ways to repay. Than, the Chinese might take a port, might take state owned enterprise, but surely they will be paid-in-full. Peace.

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South Sudan: Ustaz Lewis Anei Madut-Kuendit – “Declaration to join South Sudan United Front/Army-SSUF/A” (19.05.2018)

South Sudan Council of Churces: Statement on IGAD High Level Revitalisation Forum – Intra- South Sudanese Stakeholders Consultations from the South Sudan Council of Churches (19.05.2018)

South Sudan: Omer Eshaq Mohammed from Lol State resignation letter to Maj. Gen. Rizik Zacharia Hassan (18.05.2018)

South Sudan: Hon. Ustaz Lewis Anei Madut-Kuendit resignation letter to President Salva Kiir Mayardit (18.05.2018)

Statement by the Deputy Chairperson of the African Union at the Second High-Level Revitalisation Forum of South Sudan: Addis Ababa, 17 May 2018

South Sudan: Centre for Inclusive Governance, Peace and Justice (CIGPJ) – Press Statement (17.05.2018)

South Sudan Council of Churches: Statement at the High-Level Revitalisation Forum (HLRF) – (17.05.2018)

United Nations Mission in South Sudan (UNMISS) boosts protection for civilians targeted by warring parties in Unity (17.05.2018)

Congestion at the site is creating huge challenges for humanitarian agencies who are returning to the area to respond to the urgent need to supply food, clean water and medical services for the displaced families.

JUBA, South Sudan, May 17, 2018 –  Up to 150 peacekeepers are being rapidly redeployed to the Unity region to boost the UN Mission’s efforts to protect civilians being deliberately targeted by warring parties.

“What we are witnessing on the ground is the deliberate killing of civilians as well as the sexual violation and abduction of women and children. Homes and livelihoods are being systematically destroyed in a way that prevents families returning to their homes and being able to support themselves,” said the Special Representative of the Secretary-General and Head of the UN Mission in South Sudan, David Shearer.

“Our fresh deployment will enable peacekeeping troops to patrol deeper to reach remote villages where the worst atrocities are taking place to create a protective presence and deter further fighting. It will also support the reinforcement of our base at Leer where many civilians are seeking sanctuary,” said David Shearer.

Thousands of civilians are fleeing the intense fighting as armed forces make their way down from Koch towards Leer. At least 30 villages or settlements have been attacked. UNMISS peacekeepers and human rights teams have witnessed the bodies of civilians killed during the fighting left unburied, dozens of huts burnt to the ground, cattle raiding and the destruction of critical services such as boreholes, medical clinics and food stores.

“The atrocities that we are documenting are a clear violation of human rights and international humanitarian law. Two aid workers have been killed and two wounded in the past month. Those responsible must be identified and held accountable for their actions,” said David Shearer.

A site next to the UN base at Leer previously held approximately 500 internally displaced people but the surge in violent clashes has increased numbers to about 2000. Almost 70 per cent of those seeking shelter are children.

Congestion at the site is creating huge challenges for humanitarian agencies who are returning to the area to respond to the urgent need to supply food, clean water and medical services for the displaced families. UNMISS is working closely with the agencies to support the safe delivery of aid.

The Mission continues to engage with local authorities and to urge the warring parties to stop the fighting and adhere to the Cessation of Hostilities Agreement signed by all parties just five months ago.

Sonko: “Miguna Miguna for Deputy Governor of Nairobi” – Wasn’t he Canadian just a minute ago?

Let’s be clear, this isn’t funny, this is yet another result of the infamous and the handshake, the building bridges initiative of Uhuru Kenyatta. They have been playing footsie with Orange Democratic Movement (ODM), offered whatnots of relevance for the opposition and left breadcrumbs for the NASA Co-Principals parties and clientele. However, this is about the saga of Miguna Miguna. Which has already been deported twice for his second nationality, being Canadian, while still being able to run for governor for Nairobi in 2017.

That the newly minted and elected Nairobi Governor Mike Sonko send a letter to Beatrice Elachi titled “Re: Nominee for the Position of Deputy Governor Lawyer Miguna Miguna”, being sent on this the 16th May 2018. It is ridiculous after everything, after the assault in his home, the hostage, the non-show in court all across Kenya, the first deportation. Than the second deportation and the sealing of the Jomo Kenyatta International Airport and keeping him there for a long time, before deporting him again. The whole scenario of making him a victim, taking away his citizenship. Calling him a non-citizen and also expelling him. That as a result of the swearing-in of Odinga on the 31st January 2018. Miguna paid the price for doing so, he really got the cost and was the biggest loser.

Miguna Miguna has been humiliated, he has been acted upon in a manner ,that is without any common sense or reason. Other than being part of a bigger political game and being used as a pawn. To show the power of the Jubilee and they can make anyone lose the privilege of being a citizen of the republic. When doing this, the Jubilee and the Authorities run by the Jubilee Administration didn’t give squat about the Court Orders and their open disregard for the Courts was evident. They didn’t care if they wanted to see Miguna in the Court, even if they wanted the leaders of the National Security Outfits to appear to be there because they hold contempt of Court. Still, they didn’t care much and didn’t need too. Because the state was ready to ditch Miguna like spilled milk. They just didn’t see his value and he was a cast-away.

Sonko and the Jubilee, I don’t know what he is playing with this, what they think they can gain for doing so. There is a saying enemies in politics isn’t forever, however, this is a really assuming that Miguna will take the challenge and become part of establishment. Even as he was an outcast and thrown in the bin by the same not merely a few weeks ago. It is not like the Jubilee has begged forgiveness or even tried to patch the hurt.

This is just further insulting the intelligence of the people who was on the side of Miguna, however, that may be, but there are many who sympathize with his case. As he has been unjustified taken away, he has without any legal bound lost his citizenship and has been a political prisoner without any justification. If so, then the CS and his Police Service would have brought the man to Court. However, they didn’t because they didn’t have a case, not even mere affidavits to build a scope for discovery even.

Miguna has been a victim of the unfavorable and the unjust society that the Jubilee has created. The looting and the destruction of trust between the citizens and the ruling elite. The evidence of this is the lack of proper actions concerning Miguna. This isn’t that, this is mere shenanigans and hoodlums trying to build up their self-esteem, trying to offer another man an office to silence and to consolidate him. Because if he is part of them, then he cannot be vocal critic, as he is on their payroll. It is an old game. It is played out all in front of our eyes. Peace.

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