Sunday, December 15, 2024

Navigating Kenya’s Economic Crisis: Challenges, Consequences, and a Call to Action







Fellow Kenyans, especially those in the beautiful motherland, today we wake up to a transformed Kenya. Even if the current changes have not yet affected you directly, they are here, and their impact will soon be felt. Many of you have requested an overview of the consequences of the policies under President William Samoei Ruto’s administration, particularly the Finance Bill 2023, which some have described as a "breaking point." While others even use the term "revolution" recklessly, my analysis here is based on grounded realities, not sweeping emotional statements.


Consequences of the Current Economic Policies


1. Food Prices and Supply

Food will become scarcer and more expensive. Kenya’s food supply chains, while fascinating, are vulnerable to the unfolding economic challenges. For instance, in Kitale, Kenya’s breadbasket, maize is sold at a cost that makes unga (maize flour) more expensive than in Mombasa, which doesn’t grow maize. This pricing anomaly, driven by rising fuel and transportation costs, foreshadows shortages and price hikes across the country.



2. Hunger

Hunger is an inevitable outcome. While those with money might still find alternative food sources, most Kenyans, living hand-to-mouth, will struggle to meet basic needs.



3. Rising Crime

Desperation leads to increased crime. A hungry individual thinks differently from someone who has had a meal. We are already witnessing a surge in theft and other criminal activities as people struggle to survive.



4. Political Disruptions

Political rallies will be harder to organize as hunger stokes public discontent. The government, particularly the Kenya Kwanza administration, will bear the brunt of public blame, intensifying tensions.



5. Increased Suicides

Economic distress has historically led to higher suicide rates, as seen during past global depressions. However, life is a gift from God, and it’s important to remember that taking one’s life is not the answer.



6. Family Strain and Divorces

The economic downturn will lead to more strained relationships, divorces, and family breakups, as we saw during the COVID-19 lockdowns.



7. Increase in Scams and Con Artists

Desperation will make people fall for “too-good-to-be-true” schemes, often perpetuated by some of our own leaders involved in fraudulent activities.



8. Anarchy

The culmination of these challenges could lead to chaos, a scenario no one wants to imagine.




Historical Lessons and the Need to Adjust

History offers valuable lessons. For instance, the 1905 Maji Maji Rebellion in Tanzania showed how oppressive economic policies and taxes led to widespread suffering. Similarly, the Great Depression of the 1930s highlighted that even during crises, some individuals thrived by adapting and seizing opportunities.


What We Must Do


1. Adjust Your Lifestyle

Cut back on unnecessary expenses and prioritize essential needs. Adjusting early is less shameful than being forced to do so later.



2. Plan for Side Hustles

Explore ways to generate additional income during your spare time. Opportunities often arise during challenging times, and preparation is key.




Final Thoughts

While the current economic situation may seem dire, there is hope for those who adapt and prepare. Take steps now to secure your future, and remember, tough times often yield the greatest opportunities. Stay informed, stay resilient, and let’s navigate this storm together.

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