A LOCKDOWN WILL ONLY HURT KENYANS’ POCKETS MORE
By Isaac Mwaura President Uhuru Kenyatta came up with a raft of measures to cushion the Kenyan economy from the ravages of Covid 19, and it’s quite refreshing to note that some of the suggestions that were made in this column last week were greatly considered. All the major global economies have come up with a stimulus package since when they sneeze, we literary catch a flu like the coronavirus. Kenyans have defied govt orders to stay at home, because majority of them live from hand to mouth, as they are watu wa vibarua au biashara ndogo. To put this into perspective, we need to look at our economy in totality. The US has announced a Kshs 84 trillion kitty to cushion its citizenry from the effects of the pandemic, translating to approximately Kshs 100,000 per person. The amount is more than 28 years of our national balanced budget, as the dollar is not only a reserve currency, but the US is the only country that can literary print money....