Bingo! The government doesn’t know how to make money. Their economic guiding principle is ‘build first and the people will come.’ It doesn’t always work that way.
I think the SGR will facilitate our downward spiral because as Ndii said, ‘goods are flowing upwards, not downwards.’ By this, he meant that we are importing far more than we are exporting. Our trade deficit with China and the world, including our poor neighbor like Uganda keeps growing. We are killing our manufacturing base before it even starts.
I also agree with Ndii when he talked about the Belt Road Initiative. He said when you look on the Chinese govt website, the SGR is just a pawn in the grand scheme of Chinese global domination. China has to keep sourcing for new markets or their economy which is based on manufacturing will crash. The SGR was made for China, not Kenya, but we are paying for it. The Chinese came in and within no time, the govt lost focus of LAPPSET, which was more viable than SGR.