[MEDIA=twitter]1578214780925526017[/MEDIA]
https://www.google.com/amp/s/www.businessdailyafrica.com/bd/economy/lake-basin-mall-seeks-sh4bn-state-bailout-auction-3976152%3Fview=htmlamp
Kimeumana ma, seeking gavament? bailout isiende. Sasa na vile Garden City inakuanga empty na Game imejikata, will they also be seeking a bailout? Naivas wako opposite the road hapo Mountain Mall sioni wakiingia Garden City
did govt bail out quail/ liquid screen protector/milk atms/ copycats ! why should it bail out obviously bad financial decisions made in private with out taxes !
Mabirrions and birrions is at risk
wakuwe auctioned, i support. bora building haitabomolewa, itabaki tu hapo, mambo ya ownership haisaidii mkenya wa kawaida.
4 billion inaweza jenga hospitali mpya ya kusaidia wamama na watoto wa io area.
It’s owned by a gavament authority, they expect to be bailed out
why a government would invest in mall in the first place is incomprehensible! let it be auctioned but ensure at full market value.
Hata ndio Mimi nashindwa. Instead of investing in a boat and ship building facility by the lakeside, these fools thought it more prudent to invest in a fuckin mall smh. We have the largest fresh water lake there and it’s a no Brainer that a vibrant ship building industry would spur the oconomy there in matters fishing, internalional water transport, water sports for tourism, fish processing, boat maintainance, aquaculture, the possibilities are endless.
But you see, here in Kenya we don’t like such projects, we prefer to have a mall so we can supply building materials at inflated prices and expect dirt poor dissilisioned masses to go shopping there. I cry for my beloved country. Africa indeed kills her sun.
Meanwhile, @Tom Bayeye Jebedeyo s brother continues to catch 6 pieces of fish overnight in ancient wind propelled canoes.
KCB pia waache za ovyo. Wanegotiate vile capital itarudi sioni vile watauza hio mall. Wapatie gava at a throw away price tuweke ndani listening posts with antennas pointed towards Uganda. Heck, we can even host the Inter-Galactic Research Agency huko. Watauzia.mjinga mgani huyo? That thing was a flop from the get go but wanaume lazima wangekula.
Wee unasema mall. The government even owns a supermarket.
Hio mall waliificha mbali sana na kisumu tao.
nobody will buy. most of these government projects are overcosted
Government have no capacity of doing such.
This is always a game being played by business men. Remember, we have a new government in place, and a new government comes with its own things. They will bail them out under strict terms and conditions that will eventually make these malls puppets.
I disagree here. I think we need to disassociate Luo Nyanza with fishing industry. People are well educated in that region. Why can’t a IT hub be built there. Great weather for dairy farming. They can be the bread basket of the country. Cotton, wheat fairs very well in that area. Plenty of unused land to build even a assembly plant for motor vehicles. Good roads, railway line, airport. Everything is at the fingertips. We can’t be thinking about fish when we see a large mass of water.
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Hio ni shida ya Nilotes.
Hio mall ipigwe bei fasta fasta billionaire tuset up a big bar and strip joint Iko na mpaka rooms kama magic city pale Atlanta.
River-Lake nilotes are consumers not producers
And you say there is no mall in Nyeri. hehehehe.
Now you know.