Matthew Mecke

Crypto, Koinon Payments, Digital Assets, KOINS

[KTN News @KTNNewsKE]

A strong undercurrent driving the unprecedented anti-tax protests in Kenya is outrage over theft of public resources, coupled with the extravagant lifestyles of public servants.
https://t.co/HK7RKoA214

[KTN News @KTNNewsKE]

Kenya has lost more than Sh600 billion to stalled and mismanaged public infrastructure projects, according to a Transparency International Kenya (TI-Kenya) report.

https://t.co/7rml3Kr3bf

[KTN News @KTNNewsKE]

Martha Karua: It looks like the three major East African states have gone rogue, weaponizing the law to oppress their citizens. Democracy is dying in East Africa, including Kenya, which has now been labeled the capital of abductions. In both Uganda and Tanzania, where I have been deported from, opposition leaders and politics are criminalized, the law is weaponized, and senior leaders are charged with treason.

#KTNPrime

[Rigathi Gachagua @rigathi]

Mr. William Ruto and his boys are on a looting spree.

Acknowledging that his game over, they are saying it is injury time.

That is the mantra.

They are looting everything from struggling Kenyans. Kenya is simply fleeced.

Dry!

Just 13 days to the closure of the financial year 2024/25, they are stealing a whooping Kshs. 6.2 Billion through a supplementary budget in votes that are not audited.

The money to be drawn in cash through votes disguised as maintenance and operations, other operating expenses and security operations.

The cash is being siphoned through State House, Office of the Deputy President, state department of Internal Security and the National Intelligence Service.

This is money for bribing voters, paying goons, buying MPs and Senators, counter-productive empowerment programs and the Ol Kolou by-election.

This is happening when hospitals have no drugs, cancer patients are deep pain, our students have no capitation, university and college students have no funding, name it!

Lord God, please have Mercy on our beloved Country, Kenya!

[Stock Market Nerd @StockMarketNerd]

Almost feels like he’s trolling us at this point.

No operating income a decade after going public.

Has treated $SNAP like an ATM.

He’s a smart person. I don’t believe that he actually thinks these will sell at meaningful scale for $2200 each.

So… are we being punked?

[Bloomberg @business]

Indonesia has swung from an emerging-market darling to a global laggard, with insiders blaming the president and his inner circle for erratic and poorly communicated policies. https://t.co/6AlwZOjUqS

[Kevin Bass @kevinnbass]

July 25, 2020

Jacinda Ardern, Prime Minister of New Zealand:

"We will continue to be your single source of truth. ... Unless you hear it from us it is not the truth."

What do you think Western countries would be like if our governments became our "single source of truth"?

[David Maraga @dkmaraga]

Kenya loses an estimated 3 billion shillings daily to corruption. Driven by reckless borrowing, public debt has surged to nearly 13 trillion shillings, crippling private enterprise and consuming 48% of the FY 2026/27 budget for repayments.

By securitizing future tax revenues, the regime is unconstitutionally mortgaging the future of Kenyan youth. We must halt this economic exploitation and restore financial accountability.

#stateofthenation @UGMParty

[David Maraga @dkmaraga]

Soon after independence, Kenya’s political elites embraced an Extractive System of government in which a small cabal use their positions to loot public resources at the expense of the ordinary citizen.

Today, under William Ruto, that extractive system has become a full-blown criminal enterprise. Across virtually every public sector, the President, his cabinet, top officials in government, and corrupt businessmen have turned government into their own business. #ukombozi

[Dr. Maalouf ‏ @realMaalouf]

In Yemen, 90% of men and 50% of women chew khat daily. A quarter of all their household income is spent on this plant.

Alcohol is haram, but they are all drug addicts. Make it make sense.

[The Kenyan Vigilante @KenyanSays]

Kilifi County on the Spot Over Sh100 Million Financial Queries

The Kilifi County Government faces intense scrutiny following fresh financial audit queries regarding unauthorized multi-million shilling transactions. According to reports from the Senate Public Accounts Committee, Governor Gideon Mung’aro’s administration is under fire for serious discrepancies, including a Sh106 million net asset variance and a controversial Sh400 million withdrawal from the county bursary kitty that left just Sh100 million behind.

The Senate has ordered a forensic audit into the county’s revenue management systems and irregular payments to private entities.

[Hon. Philip Kisia. @Kisia_Westlands]

I have said it before and I’ll say it again, we are dealing with a Government of Deals, one that consistently puts personal interests above the public good.

As a member of the government-in-waiting, let me be clear;

All those involved in these illegal acts will face the full force of the law. We shall recover every single asset and every penny that was stolen.

[African News @SaharaWire]

🚨 KENYAN CITIZENSHIP FOR SALE

Investigations show government official employed at the National Registration Bureau are selling Kenyan citizenship for a paltry $100 to foreigners.

Foreigners that are exploring this corruption are mostly from Somalia, Burundi and Rwanda.

Reports of Sudanese (both North and South) and others too enjoy the privileges of corruption endemic in the East African nation.

[Willis Evans Otieno @otienowill]

Ruto's mission was never to transform the state; it was to surpass his predecessor in the politics of accumulation. What was presented as reform increasingly appears to have been a project of elite consolidation, where public institutions became instruments of extraction rather than service.

The objective was not to dismantle the old order, but to perfect it , expanding its reach with greater sophistication, deeper patronage networks, and unprecedented audacity. What many hoped would be an era of renewal has instead been defined by the pursuit of power, control, and resource capture.

[Daily Nation @NationAfrica]

Civil societies demand answers as Sh377m medicines expire under Kemsa custody
https://t.co/tQ5xvaktfu

[Matthew Mecke @mmecke]

@solidintel_x Retards. Go for it!!

[Ken Talks Tech @kenbonyo]

There is a new cash cow in town. 🚨
If you import a car to Kenya right now, @ntsa_kenya is taking weeks to print physical plates after allocation. Since CFS storage fees are piling up, you're forced to drive from Mombasa with your registration on a piece of paper. (1/4)

[Dr. Miguna Miguna @MigunaMiguna]

Create jobs for Kenyans in Kenya, Kasongo. You were not elected to become an employment agency of menial jobs abroad.

[Sholla Ard 🇰🇪 @sholard_mancity]

Breaking: The Senate and National Assembly have agreed to allocate KSh 428 billion to counties for 2026/27.

I did some quick maths.

The national budget is expected to be around KSh 4.8 trillion. That means counties will receive roughly 8% of the total budget, while about 92% remains under the national government.

Yet counties are expected to build local roads.
-Run health facilities.
-Improve markets.
-Provide water.
-Support farmers.

And bring development closer to where people actually live.

Yes, some governors have looted public funds.
But corruption is not unique to counties, and we can put more pressure on EACC to deal with it.

It is difficult to argue that the solution to corruption is keeping even more money concentrated in Nairobi.

For many Kenyans, development is not the State House, ministries, or government offices.

It is the road to the nearest market.
The local dispensary.

The water project that has never been completed.

The bridge that remains a promise every election cycle.

Maybe it's time we had a serious national conversation about this.

What should be the minimum percentage of the budget that goes directly to counties?

[SokoAnalyst @SokoAnalyst]

A senior Kenyan politician has bought 5 top of the private jets, brand new. The said politician has spent USD 1B in the purchase and it's announced that more private jets will be bought for African skies.

No comment.