Why We Must Scrutinize Kenya's Debt Contracts & The Sovereign Bond- Diana Gichengo, TISA

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SpiceFM

SpiceFM

5 ай бұрын

GUEST- Diana Gichengo- National Coordinator, The Institute For Social Accountability (TISA)
This Is The Situation Room, Kenya's Biggest Conversation!
Hosts: Eric Latiff, Ndu Okoh & CT Muga Producer: Ednah Ombaso Executive Producer: Tom Japanni, HSC
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Пікірлер: 36
@letters-ux2un
@letters-ux2un 5 ай бұрын
Parliament is a reflection of its people. If they are not asking questions, then it's we the people who have failed. Not MPs
@Frankly747
@Frankly747 5 ай бұрын
Diana Gichengo, Okia Omtata, Jimmy Wanjigi, Cyprian Nyamwamu - these are the only Kenyans (in prominent positions) advocating for transparency/auditing of our debt situation. It's mind boggling that Kenyans are not rallying behind them !
@lindandungu7553
@lindandungu7553 5 ай бұрын
Wow... Jimmy Wanjigi has been right all along......
@bernicefenton
@bernicefenton 5 ай бұрын
i honestly and absolutely respect latiff for asking the hard questions. sir, you are inspiring a generation. don't stop. we're right behind you. we need answers to these hard questions. that ending was legendary. i don't think they've thought that far ahead. failure to plan is planning to fail.
@aureliamunene2730
@aureliamunene2730 5 ай бұрын
Diana, keep up the great work. We have to be engaged as citizens in advocating for responsible debt use, borrowing, and overall efficient debt management in this country.
@africanqueenmo
@africanqueenmo 5 ай бұрын
Wow, what a brilliant lady and what an amazing discussion and presentation. Congratulations Diana! As for Ndu yes you re brilliant too. I hold my comments for Latif who is obviously only interested in the 1 shilling reduction in petrol for Kenya Kwanza. Kenyans are in odious debt with no development outcomes tied to it. Its time to get those signatures and present them to the speaker of the house. All we need to know is where is the money and what has it accomplished? If nothing then we aren't paying.
@MrJngash
@MrJngash 5 ай бұрын
Did you miss his sarcasm? Latiff I mean?
@africanqueenmo
@africanqueenmo 5 ай бұрын
@@MrJngash I know it's his true position. Some shrouded in sarcasm but watch his other shows n u know yeye Ako ndani ndani KK.
@Rhee_The_Explorer
@Rhee_The_Explorer 5 ай бұрын
I appreciate your conversation and I think you’re the best informants that we have in Kenya. I do want to emphasize that I commend the government for giving us those good rates on bonds, besides making the bidding purely digital. I do agree though that audits and checks ought to be done.
@iamsyourdadi
@iamsyourdadi 4 ай бұрын
The government doesnt give good or bad rates. That is done by international rating agencies based on the risk factor of that bond. A good rate means it is at a greater risk of default therefore they are giving a rate that investors see value in. Your praise is misguided.
@marisaosodo7133
@marisaosodo7133 5 ай бұрын
It is great to have a young woman like Diana. I am ready to put my signature on it. Thank you for bringing us together and informing us about our Financial future as a country.
@Dennisdg90
@Dennisdg90 5 ай бұрын
This seems to be one of the only shows that seems to cover the debt situation thoroughly. From Wanjigi, the Ghanian mp to this recent interview. I remember Wanjigi handing over some documents here. You should make a point of publishing those documents. But still kudos guys, keep up the good work.
@gw7768
@gw7768 5 ай бұрын
..i love Ndu, she is easy to explain things to...please explain 😂...i think she is frustrated that we seem to be talking about this for years already with no action so far. What are we waiting for????
@ronaldjoseph9168
@ronaldjoseph9168 5 ай бұрын
Very informative and useful information that deserves much attention from citizens across various income levels
@wuodkabar
@wuodkabar 5 ай бұрын
This lady is well educated in fiscal matters and the advocacy that goes with it unfortunately she’s a Lone Ranger . Great minds and brains being swallowed by uncouth regime. Enjoying your conversation from Pennsylvania USA
@karanjakamau57
@karanjakamau57 5 ай бұрын
Hongera sana Diana
@user-wy3jb7wh6j
@user-wy3jb7wh6j 5 ай бұрын
this whole conversation was covered exhaustively by both Wanjigi & Omtata. what are we going to do about it is where we are stuck. I am still waiting for someone with a solid proposal on the way to force those in public office to do the needful and if they don't because they surely don't want to, what do we do. I will support solid proposals and help mobilise for it.
@kenmwaura8469
@kenmwaura8469 4 ай бұрын
I am an accountant and I know what happens during audit. The first thing an auditor does is to test the systems, whether they're strong or weak. From there they check whether those systems are followed and if not why? While they're checking on the why, the weaknesses etc, they find out the thefts, the scandals etc. That's why wakina Kimani Ichungwah and the other Kimani MP for Molo, the Nyoros know exactly what the audit of the debts will reveal! Parliament will be guilty, the Executive even more and there will be a total collapse of the system! It will be the end of government. Why a person like Mbadi is silent, I don't know
@shareefcondon
@shareefcondon 2 күн бұрын
Who in their right mind pays 18%?? Only when desperate for cash.
@biko910
@biko910 5 ай бұрын
High interest rates imply high risks, and because Kenya is lower-middle income there is no access to concessional borrowing. Eventually, Kenya will default and then the IMF will come for rescue. This rescue will be conditional on reforms. Those reforms will secrew everyone.
@kenmwaura8469
@kenmwaura8469 4 ай бұрын
I have a question to anyone. What about if the original debt was for a specific development and then at maturity you were unable to repay, is it OK to take another loan to repay that loan?
@ibrahimomondi7911
@ibrahimomondi7911 5 ай бұрын
Where are we signing?
@jap8205
@jap8205 4 ай бұрын
Latiff's attitude toward this guest was very condescending. I didn't like it, but I liked the guest's final line. Keep it up Diana, keep it up.
@Bobomulo
@Bobomulo 5 ай бұрын
Voters really have to wake up to the fact that we have responsibilities. We have a catastrophic problem of voter ignorance. We can point fingers at Uhuru, zakayo but ultimately its the responsibility and the fault of those that empower them, citizens
@jacksonogwindi1653
@jacksonogwindi1653 5 ай бұрын
👏 👏 👏
@dennisalbert6115
@dennisalbert6115 4 ай бұрын
Nimesikia kicheko ya CT mkiambia bwana eric he has come of age
@richardgaya3965
@richardgaya3965 5 ай бұрын
............dig dig dig your deeper and deeper into the innards of indeptedness in order to get yourself out of the hole somehow and hopefully presumably at some point in the unforeseeable future....!!!...we definitely have some woolly headed lots at the base of the national pyramid!!!!!
@mobeya2345
@mobeya2345 5 ай бұрын
The problem with what this lady is saying is that it is going over the head of the largest segment of the Kenyan voter ( unsophisticated, politically illiterate, low income, poor). A thug like Ruto knows that. The answer to Kenya’s endless corruption is the legitimate growth of a well educated middle class voter so as to vote in people with a true calling to serve the Kenyan citizenry. In the meantime, smart people like this lady need to package what they are saying differently and figure out how to get the message across to the poor, low income majority voter.
@qrankmw.
@qrankmw. 4 ай бұрын
ehh...mtoto akizaliwa tu hivi.. ..ngee...deni ndio hiyo 650,000.. ...and...sugunwa sugoi flying around like a hippie... ...stollen elections have consequences...
@anthonymaina2215
@anthonymaina2215 5 ай бұрын
Oh dear! KK guy. That’s how Ruto will get re-elected by duping Kenyans in 2027. Fuel Prices will drop by 10 shillings, Kenyans will forget and vote him in for a second term!
@Frankly747
@Frankly747 5 ай бұрын
What's with Eric Latiffs attitude ? He's acting like his signature is a vital organ !
Looks realistic #tiktok
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