The 2015-16 World Economic Forum Global Competitiveness Index Rankings are out, and when the government tells you that we are fast sinking into a bottomless hell-hole you better believe them. Kenya is down 9 places to 99 while our neighbours Rwanda are up 4 places to 58.
The WEF defines competitiveness as “the set of institutions, policies, and factors that determine the level of productivity of an economy, which in turn sets the level of prosperity that the country can earn.”
What that tells you is that the fortunes of Kenya is everything but looking up.
And, wait, I know some of you will trash this report as “hizo vitu za wazungu” that are meant to make us look bad.
I am proud to inform you here that the Kenyan data was presented to the WEF by competent brain boxes from the University of Nairobi Institute of Development Studies led by Paul Kamau, Dorothy McCormick, and the evergreen Winnie Mitullah.
The report identified the most problematic factors for doing business in this country as; 1. Corruption (19.7%), 2. Access to financing (12. 9%), 3. Tax rates (11.2%), etc etc.
Because the media will, predictably, ignore these grim readings but will tend to believe and trust those sponsored opinion poll quacks, let it be said that we were warned about the State of Our Nation and did nothing about it.
This country is sinking without a trace.
You have been warned.