State could sell freehold titles to leaseholders for new revenue

The government can sell State-held freehold titles to leasehold property owners to raise billions. [iStockphoto]

Alarm bells must be ringing in government. Make no mistake; Kenya is on the edge of a financial crisis as government plays whack-a-mole with a record debt of over Sh8.6 trillion.

Add a worsening global economy, with the stage set for an economic and potentially military showdown between the US and its allies and Russia, China and theirs. There is little obvious light ahead.