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Nahashon Kimemia
Economic hardship leads to helplessness resulting in depression. Cultural confusion destabilises families destroying supportive frameworks for people facing hard times. The increased secularization of our society means that people focus on the wrong things. They lose hope and they lack a universal center of stability and a chance at personal redemption.
Nahashon Kimemia
Foreign aid is never truly aid. What happens is that we receive a loan from a foreign government. We repay that loan with interest over time. Then we have to purchase goods or services services from that country that gave us aid. These goods are for the project in question. So companies over there will make profit. As you can see, we’re channeling interest and profit to foreigners yet locally we’re calling it foreign aid. Also remember who sponsored the research inquiries into the kind of projects we ‘needed.’ You guessed it, the same foreigners through their aid agencies that donate to our research organizations.
Nahashon Kimemia
In around 2014, Kenya had 310,000 registered businesses. In 2005, we had about 100,000 registered businesses so that is a significant improved. Kenya has a population of nearly 50 million people.
In 2016, the number of registered companies in the UK that pay tax stood at about 2.55 million. The UK has a population of 66 million people. In Kenya, we need numbers. We need more businesses.
Only a small population of the Kenyan population receives a salary at the end of every month. They have no choice but to try business. Let us encourage them to try something instead of spending their time looking for a job.
At a macro-level, someone replaces a person who quits. The one who quits may fail at business. He may succeed. In both cases, he would have injected capital into the economy while giving another person a chance to work.
At a micro-level, it is only good to try when you have enough capital and connections in case something goes wrong.
The economy benefits when someone tries. It does not when someone fails to try.