As the fuel shortage around the country continues to intensify following a boycott by oil transporters to protest the recent imposition of the 16% VAT tax on petroleum products, its the poorest of the poor that's paying the consequences of an insensitive parliament and clueless technocrats running what many will describe as a government that no longer cares about its people.
Jubilee's appetite for borrowing, Rotich's poor management of the economy and passing on the burdens to wananchi has brought kenya the economic mess being witnessed where Treasury is desperately going after poor Kenyans with punitive taxes.
Jubilee's appetite for borrowing, Rotich's poor management of the economy and passing on the burdens to wananchi has brought kenya the economic mess being witnessed where Treasury is desperately going after poor Kenyans with punitive taxes.
What becomes of the Big 4 agenda - if at all they're still pursuing it -in this kind of economic mess where the common man finds it difficult to even afford basics goods like kerosene? Are they literally strangling the poor?
Our economy relies on constant transport of goods and services and low cost of transport enable companies to have a competitive edge in their pursuit of profit - which any serious business entity should be after. But the skyrocketing fuel prices have disrupted this chain of operation. The increase in the price of oil has significantly affected the economy in so many negative ways.
It's not rocket science to understand that high oil prices will not only stress the entire Big 4 agenda but will also lower the consumption of goods and services of all other sectors of the economy. The government should really think twice about this tax.
But it's the people's representative - Parliament - that has failed everyone. They pass impractical laws like fuel tax knowing well it won't work and then they address rallies and funerals shedding crocodile tears pretending to give a solution to a problem they created. Nonsensical.
No doubt Rotich will be remembered as the the most out of touch Finance Minister in Kenya's history. It's about time we cautioned the poor, and Kenyans at large, from clueless technocrats and selfish and radar-less politicians.
Let the government suspend this punitive VAT tax once and for all and Instead tame wasteful spending of public money and desist from living beyond its means. Failed austerity measures over the years have made poor Kenyans shoulder the burden of those in power. Not anymore. Punda amechoka!
Let the government suspend this punitive VAT tax once and for all and Instead tame wasteful spending of public money and desist from living beyond its means. Failed austerity measures over the years have made poor Kenyans shoulder the burden of those in power. Not anymore. Punda amechoka!
