So The Kenyan Economy Has Improved... The Big Lie

One of the achievements that the Kibaki administration keeps on harping on, is an improved economy. We all know that when you repeat something often enough, you can turn a blatant lie into “the truth.”

If you want to know how powerful propaganda can be, take a look at some earlier posts in this blog where even our analytical writers fell for this “well known fact”.

But let us for a moment examine the cold facts;

i) This boom in the Kenyan economy is on paper. You can use numbers to prove anything you want. On the ground, chances are that you’ll start a fight trying to prove to starving Kenyans that their economy has improved.

ii) The only thing that has changed in the Kenyan economy since the Kibaki administration took over, is that tax collection. It is much more efficient. And they can’t even take full credit for this because most of the groundwork was done by the last Kanu administration under President Moi. All they lacked was the political will to implement which the Kibaki administration had.

iii) Despite pouring massive resources into fighting crime, little has changed. How do you succeed in fighting crime when joblessness is on the increase? Somehow this so-called boom in the Kenyan economy is riding on the highest number of job losses in history.

iv) Even the clearly booming tourism industry has had very minimal impact on the economy. Firstly the stronger shilling means that some businesses are earning less now than they were when they were receiving much fewer visitors. Secondly it has created very few new jobs because most businesses in the industry retained most of their staff through the difficult years.

v) While investors are almost falling over themselves to get into neighbouring Tanzania (who have a socialist past and are very new to the game of wooing investors), investors already in the Kenya economy are falling over themselves to get out – they must be blind, can’t they see the booming economy? You’ll be amazed at the wide range of different countries where they have transferred their resources and expertise. To name a few, Australia, Canada, South Africa, Tanzania, Ethiopia, Uganda, Seychelles, Mauritius etc.

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