Tony Watima
62K posts
Tony Watima
@Watimz
Complacence is the enemy of truth and as a scholar, truth is my catechism
Like I said, @StellarSwakei, debt restructuring was always gonna be necessary
Update: It seems those acting on behalf of the Ruto government panicked. They have restored some of the loan data that had been hidden but the Affordable Housing loan is still missing. They had also disabled the Kenya Digital loan Ruto took from the World Bank, the CBC loan taken by the Uhuru-Ruto government, and several others. I’m currently going through the full list of what was hidden. I’ve actually received an email with a long explanation what looks like an apology and a promise of an investigation. But the World Bank should understand this: the loans you give to Kenya will be repaid by us Kenyans. You should not behave like the Kenyan government hiding financial data so that looting can continue unchecked. Also, why should govt officials fear, if they used the loans prudently?
Folks, read this article from @BD_Africa dated August 22, 2025 and consider whether statements by the president and CS for Finance that no restructuring is being contemplated remain truthful. 👇 businessdailyafrica.com/bd/economy/ken…
Kenyan banks have been releasing their first-quarter results, and there's one clear trend — all have reported significant drops in income from foreign exchange trading: —Stanbic: -59% —Stanchart: -59% —KCB Bank: -57% —NCBA: -52% —Co-op: -49% —NBK: -72% —Family Bank: -71%
Sakaja on being under One-Term Governor curse-
