Kenyans,
In my opinion the problem is that CBK appointments are not merit based. Mr. Nyangito is an agricultural economists with no prior experience in monetary and fiscal affairs, why should he be at the
CBK? There are so many capable Kenyan Economists with Fiscal amd monetary expertise to manage the institution.
Competence of those folks at the helm of CBK is highly questionable. Any serious economist can detect this, the research department is quite dormant. Globally central banks are knowledge factories in country specific macroeconomic and financial markets issues and do have have active and relevant knowledge creating research departments. At the CBK, they value desk officers!
John Onyango
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Date: Wed, 17 Sep 2008 00:56:43 +0300
From: onyango@ . . .
Subject: Affairs of the Central Bank of Kenya
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Simple; He has been appointed to that office to enable those with the knowledge of how to eat, to eat without the proding eyes of the Mwatela’s of this world.
With a green horn on matters of finance and fiscal policy, they have cemented their path to the country’y coffers with no inhibitions, and no limitations. What Kenyans are going to wake up to is a scam more bigger than Goldenberg and Anglo leasing combined.
Check out the article coming up shortly in defense of President Moi and his 24 year rule of Kenya.
Odhiambo T Oketch
Komarock Nairobi
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Date: Wed, 17 Sep 2008 00:54:17 -0700 (PDT)
From: odhiambo okecth
Subject: Re: Affairs of the Central Bank of Kenya
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Because one of your own who might consider merit as the first requirement for filling jobs is not at the top. How about coming up with a formular to put him there? If that happens then such kind of mediocrity will seize to be.
An Wuod Luo
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Date: Wed, 17 Sep 2008 18:14:09 -0700 (PDT)
From: Jairus K’Onyiego
Subject: Re: Affairs of the Central Bank of Kenya