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Kenya National Bureau of Statistics, a government (Jubilee) body, reports that 2.2 million Micro Small and Medium Enterprises (MSME) have closed shop in kenya over the last five years.
Over the last five years, the Jubilee administration have aggressively pursued the policy of “DE-industrialization ” of kenya. In the words of former Chief Justice, Willy Mutunga, “Under the Jubilee administration, Kenya has become a Mafia state controlled by mob bosses.”
For the last five years, the price of crude oil has been below $50 a barrel, yet Kenyans are still charged the same prices they were paying eight years ago when oil was $102 a barrel.
All sectors of Kenyan economy has been negatively affected by the floods of cheap imports, brought into kenya by unscrupulous businessmen connected to those in power, having unbridled freedom to import anything of their choice without paying taxes: From sugar industry; to textile; to agriculture, denying kenya the much needed revenue for development. Over the weekends, the leaders behave like Frank Lucas, donating part of the proceeds from these imports to the same societies they are killing by giving out these import certificates.
Chocked by the influx of cheap imports and higher costs of energy, the manufacturing industry in kenya is slowly dying. Driving in Industrial area, it is difficult to imagine that government collects 50% of it’s revenue from there: the roads are terrible. Companies such as Sameer Africa, Eveready East Africa, Cadbury, Procter and Gamble, Colgate Palmolive, Tata Chemicals Magadi, have been forced to either relocate their manufacturing operations outside kenya or scale down their operations, leading to massive job losses.
Across the country, people are hurting: families are struggling to make ends meet; consumer confidence is low caused by shrinking incomes and wages; hundreds of thousands of young Kenyans, graduating from colleges are facing uncertain times as the job market continue to shrink; the healthcare is in turmoil; prices of commodities continue to rise; inflation is high. It has become a common occurrence to see highly learned Kenyans holding placards looking for jobs.
As an administration, Jubilee has refused to address these pressing issues. Rather, they have chosen to erect Raila Odinga as a scarecrow in the Kenyan farm, as they sneak in at night and rob them through corruption and priorities that do little to solve the problem of Kenyans.