You've got to love Sir Jimmy Wanjigi! The man has a sense of humor and at the same time, he is a realist. He definitely has done his homework on the subject matter that he is talking about.
Jimmy Wanjigi is very informed when it comes to finance, I’ve already gotten a migraine headache to imagine that the government is borrowing and the money ending in a few pockets, very sad and that’s why Kenya and Africa will never prosper with these corrupt leaders.People we’re bashing Kibaki administration then cause everyone had money in their pockets except the lazy ones now they keep on remembering him.That’s the Kikuyu cow that’s being praised for lots of milk long after its dead.Very sad that the electorates fault, I once told them on social media the mistake they were doing by electing Uhuruto😢
Chapter six of the constitution in 2013 was ignored and we put icc suspects in power, first 5yrs was awaste, and mediocrity in leadership continued with handshake as a cover, Kumi yangu kumi yako was actualized 2022, i am sure we're heading south at terrific speed
Thank you Spice and Jimmy for continuing with these conversations. We need to mainstream this talk about our borrowing and get an account of how all the loans have been used
He explained it, people have been subjected to poverty and all they can think of is the stomach, if you promise unga, you run away with people's power.
A people that elect corrupt politicians, imposters, thieves and traitors are not victims... but accomplices,” well said by Orwell…. This is the Kenya we chose! Thanks to the Like of The President of EFF Malema, President Ibrahim Traore, President Kagame……Africa will change one country at a time…this was a very informative interview, putting real numbers on the table
Very true. I wish I opened my ears to such, I actually was looking for someone who could give me numbers like this, facts as raw as they are...l like what I hear, a man with his facts right
If kenya people use there minds good o checking and listening to clever minds like jimmy, tribalism aside, Jimmy would have won this seat,corruption and tribalism is problem in this country, now people have seen,2027 not far
The station invited him to speak. Who would invite who in that conversation and who would record it. Maybe you should initiate that talk and film it. I can assure you, you will be an instant success
I think the station needs to get a board to write on. This will be helpful for mwananchi and everyone watching to follow along. It would make more visual sense to many. Let’s keep the conversations going….
So what we are getting to understand is that the SGR from Coast to Kanairo was done at 6 times the amount Wanjigi would have done the entire thing from Coast To Kenya-Uganda border. Plus we normally have two budgets, one presented to the public, and one that is used for siphoning money in the back seat. Kenya needs serious redemption. Only God can save this country otherwise, we are headed to economic turmoil.
@@normanthenormand7554 Regardless, the government robbing Kenyans of their money and it being put out there that it was over five times what it would cost for some projects is a cause for concern.
Hi ,I love hon wanjigi,coz every time he speaks the truth,no one listening him ,this why kimeturamba,even former president warn us ,now we crying wacha kitu r be kabisa.but I salute this gentleman called jimmy,
People need to realize that GOVERNMENTS BUILD A COUNTRY. We need to start voting WISELY and most importantly we need to hold the government ACCOUNTABLE. The difference between kenya and the best countries in the world is GOVERNANCE. You cannot elect CLOWNS and not expect a CIRCUS.
Just like Americans in the 80's when Ronald Reagan realized that to reset the worse economy at that time was not to overtax citizens,, rather you encourage entrepreneurs to put up business that would create employment and overtime down the road u will have expanded a tax base and this becomes an incentive..not overburdening Kenyans with tax,
We got caught up in dynasty vs hustler campaign euphoria and missed out on giving the mantle to brilliant minds like Jimmy to lead us. Painful lesson learned.
@johnosumba1980 Nope, not even once. Wouldn't a "bottom-up" economy be regarded as an element of progressivism though? Be that as it may, I didn't vote in the most recent election.
Kibaki mind was superior to that of Jimmy. Kibaki was a first class honours graduate in Economics from a top university in UK as well as a lecturer at Makerere University. Kenyans don't know the value of brilliant minds and hand over their lives to people who tantillate them .
Thank you Spice Fm for hosting Jimmy and for this interesting conversations. Truly with have so many Bonoko politicians, Jimmy has so many information and the young generation has so much they can learn from him. We hold a massive 6M votes, we can change and shape Kenya for our future generations. CT Muga, Bonoko was a song by Naff Kenya and Kabi wa Jesus.
The Safina Party Manifesto is available online for your perusal to see what he would have done. Jimmy Wanjigi as the party leader has stipulated the kind of economic mechanisms the party, if elected would have done.
@@deltonmukoyakuya1527 isn’t he the one who said that he’ll not hesitate to work with UDA because their manifestos are similar, that was during campaigns. Anyway, solutions to current problems are not in past ideas, but current practical solutions to the prevailing problems. He’s very good at articulating the problems and saying there’s no way out of it, yet he wanted to be president. He should have focused more on what he would have done differently. Even Ruto had a manifesto but here we are 🤷♂️
Any debt laden country can not ever attain the fiscal responsibility and accountability necessary for the growth and development of that country! In other words, the head of the household can not manage a family using debts without sinking the whole households. Ruto has put Kenya between a hard place and a rock! Kenya is sinking very fast!
And he is arogant he can't listen. He thinks like a dictator Moi. God must stop him and quickly before he brings everything to a stand still God save us.he should reach uhuru to help him but he is too proud
Debt is not necessarily a bad thing. Money when borrowed can improve infrastructure and spur development. But it has to be planned and the potential for growth assessed. For example in a country like Myanmar with barely any industries, borrowing money to build wide roads is a foolish thing to do, but countries like Nigeria, India, Mexico can benefit from better infrastructure. Hard to say if Kenya belongs to the first or second set of countries.
@@alileevil - Kenya is a third world countries with a poorly managed meagre economy which is in verge of Economic collapse because of huge debts. Debt of any nature is a necessary evil to a low level industrial park country which does not generate enough income and wealth to even provide the basic needs to its citizens. Nigeria is also suffering from unmanageable debts regardless of the available oil resource! There is no a “well planned debt” like you would want to tell the audience here! Mr. Evil, you seem not to understand what debt is all about and how it affects the growth, development and wealth of a nation. Kenya will soon collapse if the current debt levels are not properly managed and controlled. Ruto seems to a debt happy type of a guy as he robs Paul to pay Susie across the street! Only an ordinary layman of your caliber would simplistically assume that being in debt is a fashionable enterprise! The advanced countries have huge trust fund reserves which they could tap in times of needs or crisis - BTW: Norway is one such country! Kenya is just a shamefully beggar country and every body has gotten cozy with that loser mentality!
@@alileevil - BTW: I painfully refer to Kenya as a third world (nicely called the developing country) purposes to provoke your thought process to wake your debt comfortable mind! Minus has never been a plus in any arithmetic formula! Kenya is deeply on the bottom of of the minus barrel! The country will collapse over debt! All it will take is another major crisis such as Covid22!!!!
Jimmy I love you for free.... Umefanya Ata nikae prepared to feel the bang of this government. Coz we r truly drowning here na watu washaweka 500 billions Kwa mifuko Yao... It's ok life will still move on.. God is with us Kenyans
Hey, I thought Wanjigi was part of Ruto’s deceit I’ve trains prior to Ruto stealing the elections from Raila. Ruto is seriously insulting the late Kibaki because Ruto is NOT anywhere near Kibaki! Kibaki was a master planner and statesman, Ruto is not anywhere near there! Kibaki performed while Ruto is just a talker with milliards of empty promises! Ruto is a clear and present danger to anything Kenya, well including our young democracy!
Please stop asking him how he got that SGR contract and let him share the details SpiceFm. We are running out of time & we need him to finish explaining how we were embezzeled😂
The problem with Jimmy is not explaining the problem from when uhuru was. Ruto is borrowing to pay maturing debts. There is no other way. He is not giving a fair perspective.
We shouted from the mountain tops that kenya should not be building roads at 2 billion a kilometer much more expensive than even europe. Tuliambiwa we are anti development we said the cost and strategy of SGR was flawed tukaabiwa we are online experts. Sasa people are crying but its too late u are not even feeling half the pain. Kenya needs to double its current taxes just to break even. Our kids will be the ones to solve this problem
It's either our mps have no clues about what they pass in parliament as bills or the Executive is buying them or remote controlling them to pass anything
As much as we live this guy, on the debt, we have maturing debt which we cannot repay meaning we must borrow to repay that perhaps explains the difference in the stated borrowing in budget and what treasury declares in the exchequer statement.
Including your super-elected MP and senator and not forgetting the voter who wants to be bribed to vote..Have you asked yourself where the aspirants get the money from to campaign and dish you money on the campaign trail as you dance beside their convoy of cars? Blame yourself to!
@@mwituamweene9850 It's not about Ruto alone. This is a cheap way of running away from reality..This is a collective responsibility of the electorate, aspirants, MPS governors, senators, mca and the list goes on..Kenyans enjoy politics over development..Why are we crying now?
This is how a good show just dies. The second it entertains incompetence more than once. . . ."Huge Red Flag" Sincerity doesn't trust twice. How media entrusts it's national reach microphone to a mindset that faults Uhuru's 8.66T working debt and growing GDP from 4% to 12.8%+, equating it to Ruto's failures is BONOKO THINKING. He said it then and now again that he saw promise in Ruto. What kind of competent sincerity still says, to this day that he or she saw promise in Ruto and his UDA. Ruto is not copying Uhuru - he is destroying everything Kibaki and Uhuru created.
Today there were more than 7 pages of auctions. Am seeing much economic destruction causing this. The next few years could be closure of most big businesses and losses. Can the government make fund accessible through loans to its people from banks, without much demands from the same?
These figures are mind boggling. We are unlikely to see growth in our country even if Ruto and Co stays in power for 10 years He sold us a hustler story and the majority of us swallowed it not knowing he didn’t have a plan after he got the coveted office.
You never died and you're neither bothered Your level of hatred for one man is just crazy Be realistic and stop your foolishness Listen to a good mind trying to transform yourself into a better person
if interest on debt is 10% of 9 trillion then the government over 10 years has repaid at least 7 trillion on interest only.hence the 6.4 trillion difference.but the local bonds/bills will be screwed over time no doubt, either by inflation or default.
I'm not surprised most peoole in the comments hope other kenyans will listen to such an info? Shows we have internalised the magnitude of this mess. Wengine pia wajue tukue serious na tuanze a very looong healing process, one almost impossible to imagine. Yet our current government is still digging us deeeper. This level of checkmate is poetic.
This man is the best suited for presidency in an ideal informed society. He’s speaking the right language that resonates with economic minds. Countries are built on economic systems.
I am so confused with Wanjigi's maths. Total revenue of 10 yrs is 13.4 trillion Total expenditure of 10 yrs is 14.6 trillion and total deficit of 1.2 trillion. But there are 7 trillion loans in 10 years. Layman maths is 7-1.2=5.8. Now Wanjigi's maths (Wanjigi's theory) tells us that there is 5.8 trillion that needs to be explained.
Go to the Public Debt Management Office page then compare the debt against what was passed via the appropriation act over the Uhuru regime. You will see theft inc.
Where are we heading to us a National if indeed all these things are just basically and crystal clear just as discussed on this forum. How is this possible now. Kindly please Guys, Bring part 2 of this debate. We've been slaughtered like chickens.
Government has default its duties and responsibilities, it's time to legally impeach them out of office immediately,kenyans stand firm and save ourselves.
The global economy is trending downwards but Kenyans will suffer more because publicly funded services are not free eg education, hospitals, medication. The next 5 years will be very tough
