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CNN VIDEO: Kenyans question Uhuru’s insatiable appetite for Chinese loans

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Big Money = Big Projects = Big Problems. Sri Lanka has signed over a port for 99 years after Chinese debt became too much. Should Kenyans be worried the same fate might befall them as well?

Kenya is weighed down by swelling public debt and faces the possibility of a debt crisis (where the government can’t repay what it owes).

Kenya’s current public debt stands at approximately 4.884 trillion Kenyan shillings (USD$49 billion) or 56.4% of the country’s gross domestic product.. This is up from 42.8% in 2008. In other words, the country owes more than half the value of its economic output (GDP).

The International Monetary Fund recommends that ratios of public debt to GDP should not be higher than 40% for developing countries.

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Africa

Kenyans are the most generous people

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Despite the erupting cases of corruption, news of murders and updates of hopelessness that litter social media pages, Kenyans remain the happiest people in East Africa.

According to the 2019 survey released by the UN Sustainable Development Solutions Network on Wednesday, Kenya outperformed East African nations when parameters of happiness were measured using global standards.T

he report that was released to mark the World Happiness Day bases its ranking on six key variables: gross domestic product per capita, social support, healthy life expectancy, freedom to make life choices, generosity and freedom from corruption.

This year’s focus was on how community affects happiness, how it has been changing over the years, and how information technology, governance and social norms influence communities.

Social systems

The chief researcher John Helliwell had an explanation for what makes countries like Kenya happy despite the many sad events that dominate their news.

“What stands out about the happiest and most well connected societies is their resilience and ability to deal with bad things,” said Helliwell.

Interesting to note from the survey is that social systems in Kenya seem to be crumbling. Compared to the 2018 report, more Kenyans responded in negative when asked: “If you were in trouble, do you have relatives or friends you can count on to help you whenever you need them?”

READ ALSO:   VIDEO: You wont believe what these Jubilee MPs say about Chinese loans

source:standard.co.ke

 

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Africa

PHOTOS: Uhuru all smiles in Namibia as drought crisis persists in Kenya

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President Uhuru Kenyatta led a high-powered delegation to attend Namibia’s independence day celebrations, despite the raging drought crisis in the country.

Pictures shared on the State House social media accounts show the head of state and those on his entourage all smiles during the celebrations that were held at the Independence Stadium in Windhoek.

President Uhuru Kenyatta arrives at the Independence Stadium in Windhoek to Namibia’s independence day celebrations. PHOTO | COURTESY

“President @UKenyatta arrives at the Independence Stadium in Windhoek to join the people of Namibia for celebrations to mark 29 years of their country’s independence,” read the caption.

Some of those in his delegation included his daughter Ngina, personal assistant Jomo Gecaga, ministers Monica Juma (Foreign Affairs), James Macharia (Transport) and Mwangi Kiunjuri (Agriculture), among others.

President Uhuru Kenyatta is welcomed at the Independence Stadium in Windhoek to Namibia’s independence day celebrations. PHOTO | COURTESY

At least 10 people have been reported dead as a result of the drought that has hit a number of counties.

The worst-hit are Baringo, Turkana and West Pokot.

Senior government officials, including Deputy President William Ruto, Interior CS Fred Matiang’i and his Devolution counterpart Eugene Wamalwa have, however, claimed that no Kenyan has died from starvation. They say the situation is under control.

READ ALSO:   VIDEO: You wont believe what these Jubilee MPs say about Chinese loans

SOURCE: Nairobi News

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Zambia High Commissioner dies while receiving treatment in Nairobi

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Zambia High Commissioner to Kenya, Her Excellency Brenda Muntemba-Sichilembe has died.

The 49-year old High Commissioner has been receiving treatment since she was involved in a fatal road accident at Machakos on February 26.

Foreign PS Macharia Kamau has confirmed the death.

Ms Muntemba-Sichilembe was initially admitted at the Machakos Level 5 Hospital, and then flown to Nairobi and operated on to stem internal bleeding where she was admitted in Intensive care unit (ICU).

Prior to her appointment to this role, she served as Chief Program Officer at UNESCO in Zambia.

More to follow…

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