@Mark you cant discredit that article just coz a bank recently opened a multi-billion shilling regional hub. The fact that is was recently opened means it was conceptualzed years ago when confidence was high. To put that much investment then pull the plug when its done would not make sense. So the opening despite decline is confidence is still a-go. The same goes for the fiber, toyota Ke and others. Dont even start with the Chinese.... look at what they are doing in Zimbabwe. That should scare you if they have deep interests in Kenya too. In short whatever you see happening today in terms of foreign investments is the results of decisions made in the past and not now. Decisions made today will affect tomorrow. Revisit that article again next year and then you can determine its base. My thoughts Steve ----- "Mark Mwangi" <mwangy@gmail.com> wrote:
Why is foreign investment so important for our government anyway? So is all government expenditure recurrent bills and anglo leasing type issues? Isn't there money set aside for R&D development? And what companies are these that are apparently getting jittery? Standard Chartered recently opened a multi-billion shilling regional hub in Westlands. Toyota EA is now Toyota Kenya. The Chinese are still unpacking their luggage, we have more fiber cables landing soon. Am not seeing any slowing down and who said this magazine is the final world.
Please lets stop handing over our pride,dignity and self respect to a magazine published in some western capital and taking all it says to be the truth and nothing but the truth.
On Mon, Jun 27, 2011 at 9:21 AM, Peter Osotsi < peter.osotsi@gmail.com > wrote:
Aki,
What else do you expect from our politicians in an election season?
The world gave up on us a long time ago. Hebu read/listen/watch the news and see how politics is raping and mutilating this nation and our young people. 65% of young people are jobless.
Our politics essentially killed the Kenyan dream we were handed by the white man.
Sometimes I hate being a Kenyan.
Peter
On Mon, Jun 27, 2011 at 8:46 AM, aki < aki275@gmail.com > wrote:
“FDI is very sensitive to political risk and Kenya right now is facing critical tests in these areas,” Prof Joseph Kieyah, an analyst at the Kenya Institute of Public Policy Research and Analysis (Kippra) said. The 2011 Failed States Index by Foreign Magazine ranks Kenya among countries in “in danger” though says the country has improved marginally since the 2008 post-election violence that caused major business disruptions and uprooted millions from their work stations. http://www.businessdailyafrica.com/Corporate+News/Foreign+companies+reduce+i...
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-- Regards,
Mark Mwangi
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