The Kenya government has discovered a new trick.
They have been taking money from your salary every month for housing. You did not agree to this. Courts told them to stop. They ignored the courts and kept taking.
Now they have looked at all that money and had a wonderful idea. Why not use it to secure a loan of Sh100 billion? Think about what that means. They are using your money as guarantee to borrow more money. Money that you will also pay back. To build houses that you cannot afford. Using a salary from which they are still deducting. For housing you will never own.
It is a perfect system. For them.
But here is the part that should make every Kenyan worker sit up. This government can feel 2027 approaching. The door is closing. So before they leave they have decided to write cheques on your behalf that will take years to pay. The next government will inherit the debt. The next Kenyan worker will pay it. The current team will be long gone and very comfortable.
This is what happens when people who have nothing to lose make decisions for people who have everything to lose. They are not borrowing against their own futures. They are borrowing against yours.
The houses remain unaffordable. The levy keeps coming. The loan is on its way. And somewhere in a very nice office a press release is being prepared calling this a historic milestone in delivering affordable housing to Kenyans.
Your payslip will tell a different story.
Dismas wa Tabu. Dreaming in installments. Billed in full.
@_ngatia_ Big baba ww ni Fan Number 1 from mtaa Yako but ukacheza na Zzero, hapo ata episodes zako tunawacha kupromote na kuskiza. Ata kama unaanzana na doggy alafu missionary ukifabya easily😂😂