Here is a figure that should alarm every Kenyan.
According to recent figures from Kantar, illicit tobacco traders evaded KSh10.2 billion in excise and VAT in 2025 alone, almost matching the KSh13.2 billion paid in tax by the entire legal industry.
WORLD BANK CRACKDOWN: The World Bank is pushing to tighten Kenya's Article 223 emergency spending rules, accusing govt of increasingly using the provision to finance expenditure that is neither unforeseen nor unavoidable. It has proposed safeguards, which I've outlined below 1/2
Kenya’s corruption crisis goes beyond procurement scandals. The bigger theft may be happening on the revenue side, through opaque borrowing, hidden loans and public funds spent outside Parliament’s oversight.
The World Bank CANNOT condemn corruption while IGNORING the ACCOUNTABILITY gaps within its own lending arrangements.
Public debt is public money. Every loan must have parliamentary approval, transparent expenditure and constitutional oversight.
Kenya does not need selective outrage. It needs accountability across the entire public finance chain.
DANGOTE TAKEOVER: Kenya could end up paying MORE for fuel under the proposed Lamu refinery deal than it would by importing from the international market.
Ndindi Nyoro has revealed serious concerns about the agreement, claiming Kenya could .... (Thread 1/2)
A very good explanation of our economy, it is founded upon value extraction not value creation. This is what I’ve been explaining here and all you do is chant slogans. We need to start having sober conversations so we can get solve it one and for all.
"A PhD is a marathon, not a sprint."
Through his PhD journey, Noah Otingo shares some lessons in financial inclusion and capital markets. Hear his reflections on the challenges, growth and rewards of earning a PhD.
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These are the banks which were used to loot Ksh 275B Eurobond which you are currently being overtaxed to pay.
Uhuru and Ruto amended the PFM Act to allow for the deposition of debts outside the consolidated fund without the oversight of the Controller of Budget.
John Mbadi was the Minority Leader, Aden Duale was the Majority Leader and Justin Muturi was the speaker of the National Assembly.
Illegally borrowed, deposited outside the consolidated fund and being repaid directly from the consolidated fund.
Thuggery!
Ksh 176B Eurobond was deposited in an offshore account over which the former Controller of Budget Agnes Odhiambo had no control.
Thereafter, Ksh 53B was withdrawn from what was remaining to pay a foreign debt without her approval.
C.B.K Governor Kamau Thugge should also be in jail.
The Ksh 53B is what was used to bribe some people in the ICC case.
These are issues you are being distracted from with slogans and drama.
You are being overtaxed to service debts you never incurred.
Revolt!
This was John Mbadi ten years ago boldly saying that Uhuru Kenyatta and William Ruto looted Ksh 275B Eurobond.
John Mbadi, who is currently the treasury CS, has gone to the global market to look for $2.25B Eurobond to service the same Eurobond he knows very well Uhuru and Ruto looted.
" Ni wale waaleee wanasiasa ni wale wale, wanasiasa, ni wale walee wanasiasa wa ukoloni."
RUSSIA GAMBIT: Musalia Mudavadi is in Russia for the Russia–Africa Summit, after Kenya skipped the 2023 edition.
I’ve been watching these engagements, and here’s what we believe Kenya could be hoping to secure: Thread 1/2
Same MP who locally said the government should have acted swiftly and slaughtered thousands of Gen Z protesters in 2024.
Well, he might have gotten away with that, but the same utterances on global stages might get away with him. Very reckless!
Is this the reason as to why Kasongo is also committed to deforestation even as much as he keeps saying he has a 15 billion tree planting target by 2032?
You can already see what Nairobi CBD has become too under this regime and the heat!
I don't believe in coincidences.
Kenyans,
Listen to this MP talking about how much he spends to represent Nyaribari Chache in parliament.
Then ask yourself who is the fool on this politics game.
He says he spent KSH 40 million in 2022. He won.
He has put aside KSH 300 million, for 2027, to return to parliament.
What does he get in return?
Let me just tell, you are the fool. Straight up.
Kenyan MPs are second highest paid GLOBALLY, holding for the size of our economy.
But even with that in mind, the economics DO NOT MAKE SENSE.
Look at the second attachment: showing his compensation.
Take the entire monthly amount of KSH 920,000, and multiply by 60 months. One term.
The aggregate is KSH 55,200,000.
If he kept 100% of his compensation - and not paid taxes, he would have KSH 55 million.
Nobody spends KSH 40 million, and is ready to spend KSH 300 million, for a job earning him KSH 55 million in 5 years.
That is the honest truth.
So where do you think he gets his return?
We have only one year of data from his CDF.
I am not making an accusation here, but I want to tell you what the Auditor General found, and concluded.
Remember this is just one year. The screenshots in in the third attachment.
Finding 1: Kshs. 40,460,730
Kshs. 40.46 million in bursary disbursements had no acknowledgement letters from the receiving institutions, no names of beneficiaries, no schools. Nothing.
So there is no proof the funds ever reached the alleged schools or if anyone ever benefitted.
Finding 2 Kshs. 5,400,000
Kshs. 5.4 million was paid for four projects that were not finished. These were two classrooms with poor plastering, cracked walls, and missing tiling, windowpanes and drainage; pit latrines without the required disability chamber; a dormitory with incomplete floor tiling; and a gate with a guardhouse.
Finding 3: Kshs. 9,494,427
Kshs. 9.49 million was paid for three projects that were either barely started or never built:
(1) four classrooms where only the slab had been laid
(2) two three-roomed offices that had not been implemented
(3) a 45-student twin laboratory that had not been implemented
Finding 4: Kshs. 8,000,000
Kshs. 8 million was paid for two 40-bed dormitories later abandoned.
On one, only the foundation and ground beams were done, and the beams had rusted after the contract expired without an approved extension.
Together, these four findings come to Kshs. 63,355,157 for Nyaribari Chache NGCDF.
In just one year.
In our politics, there is no shortage of fools. And it is not the politician.
@FlavNasmbu@Kibet_bull@MoGAbdi
IEBC might NOT livestream the 2027 election results. Here is the legal mess Parliament has left behind.
I've taken time to go through the court rulings, Parliament's Hansard, and the proposed amendments to break this down for you.
In 2018, the High Court declared ..... 1/2