TOP Finance EXPERT Jimna Mbaru WARNS ECONOMY going DOWN, Massive RETRENCHMENT, Unemployment rising

By Arap D

Jimnah Mbaru is a respectable Businessman. He is affiliated to the government in one way or another. But unlike others, he is bold enough to avoid PR theatrics and say it as it is. Massive Retrenchment is on the way coming.

Let’s brace ourselves for Harder economic times.

Funny enough, some of us believe our economy is significantly growing. But the truth is that the only growing thing in Kenya are tummies. The others are tax rates and PSCU hubris.

The double digits growth promised by the digital duo was just a far-fetched imagination.

The NSE lost over $700 billion in 2015. The effect of this will be felt far and wide. Expect a lot of retrenchments. https://t.co/Z2I0wofIiO

— Jimnah Mbaru (@JimnahMbaru) January 29, 2016

Should we expect more resignations as NSE listed companies prepare to announce poor results for year 2015? https://t.co/IgzwzY7r4U

— Jimnah Mbaru (@JimnahMbaru) January 29, 2016