Nairobi, Kenya: It is true the Government of President Uhuru Kenyatta has a full plate in regard to ensuring the safety of Kenyans and their property. It is also true the burden of life in regard to the cost of living is getting heavier for individual Kenyans, households and even the corporate sector. Truth be told, institutional corruption is threatening to throw this country down the cliff. In fact, the President himself went on record when he blew the whistle on rent-seeking in his own office. Looked at in its totality, the picture is ugly.
But all is not lost. There is work to be done but also sufficient reason to be optimistic. The country has successfully floated a Eurobond in the US and Europe. The response from investors in the money markets of the First World was overwhelming. Government mandarins from the Treasury, led by no less than the Cabinet Secretary, camped on the streets in the West to hawk the bond. They were targeting US$2 billion (Sh174 billion) but the market responded with a whooping US$8 billion (Sh606 billion).