The Political Economist

 National Treasury building In  my inaugural article on this blog on  the fall of  third quar ter of previous financial year, I stated my worries o n the public debt crisis which is seriously plaguing our country, don’t’ worry, my worries still persist.  That persisting nature of the crisis has continued to spark a raging public discourse on how regimes in the past and in the now have failed in  prudent debt management to such an extent it exist as hindrance to, instead of being an  enabler of country’s   development.   In fact, the mystery of public debt is one of  the major issues that enraged the public during the June 2024 #Occupy protests. In agreement, experts, banking sector, debt management practioners and the public endorse the belief that public debt is not actually undesirable to any extent however what really matter is how it is being exploited for the interest of public good. Most first world countries whose economies have p...

Donald Trump won the just ended 2024 elections being the 45 th and 47 th POTUS, perhaps the most consequential election in the recent history making the greatest political comeback to the Whitehouse and marking presidential history as the first president to serve non-consecutive terms since 1897 and being the second one after Grover Cleveland being the 22 nd and 24 th president of the United States. In simple terms he made a remarkable history! However, his pronounced radical conservativism in matters culture and strong protectionism in matters economy and foreign policy has undoubtedly left global leaders anxious of what is to be unpredictable nature of leadership for the next four years.   America is the greatest power both in economic, military and cultural diversity therefore what transpires there is unignorably important. And that is perhaps the reason why global political leaders, business honchos and investors are always being on the alert of US affairs. Kenya-US relat...

  Despite Coffee being the third most exported product in Kenya, revenue gains from the industry are still   unimaginably modest, but why?  Agricultural sector still prevail as the backbone of Kenya’s economy. According to US Aid report 2023, agricultural sector accounts for 33% of Kenya's GDP. In the sector, coffee is one of the main agricultural products exported to foreign markets driving agricultural sector and Kenyan economy at large. In fact, it is the third most exported product by Kenya. Out of 28million Ha Kenya’s agricultural land, coffee farming takes approximately 119,000 Ha which is 0.5% coverage  of agricultural land.   More than six million Kenyans are employed by coffee industry either directly or indirectly. While the industry is significantly important in economic growth of the country, coffee farming have recorded drastic decline since 1990s. Statistically, coffee farming has declined by over 30% in terms of land coverage from 170,000 i...

  If there is something that economics replicate is life. In life there are moment of agony and there are good times there are moments of tumult and moments of peace. Likewise in economics there are chapters of economic turbulence and bout of stability, stretch of depression and duration boom, there are tempos of growth and spell of stagnation. There are period of inflation and period of deflation. Let’s get to it now. Now, if you have walked into Kenyan supermarkets in recent days to do your routine shopping, be it groceries grains, maize flour, cakes,milk, soda or any other food, you must have noticed that food prices have dramatically plummeted for the last three weeks. While the globe is currently experiencing times of geopolitical turmoil as are conflicts are soaring in the Middle East and Eastern Europe, two regions which are fundamentally important to globe because what they provide to the other countries are vital for their survival,fall in food prices is something uneasy...

  War is Blood War is Death War is Evil! The world has never been completely devoid of wars, has it? Since ancient times, adversary states had always involved themselves in wars either directly or indirectly to secure various interests such as expanding kingdoms, imposing religion, spreading   cultures, advancing economic interest inter alia. During the ancient eras, kingdoms never ceased to aspire to expand their territories by conquering others. Remember the biblical story  of King Nebuchadnezzar II conquering  Jerusalem, Nazi’s Third Reich invasion of European powers, followed by occupation of Palestine by Zionists and colonization of third world countries and most modern one annexation of Crimea by Kremlin among many others that you might know? Presently, the world is bruising from several real wars and conflicts from Africa, to Middle East and Europe. This article will put special focus on the current war in Gaza, a long-standing conflict between Israel and Pa...