Morning people

As we celebrate a bumper harvest of maize, save for aflatoxins in some and plenty of rains all over the country and good making of our roads ,airports ,housing and other development with support from our new partner of trade China ,volatility is looming

As former Minister Hon Tuju one day alluded we must look East and we followed even our president wiped all ministers to look East,even our corporates looked East, even all Kenyans of all walks looked East where even shockingly some masquerading to be expats in Chinese languages jungu jungu speakers

On Saturday this week The Bank of China announced that it was ditching policy of pegging the Yuan against the dollar, ending nearly four years of a trade spat with the US and Europe and this means its currency will be left to market forces

This is serious policy announcement worse than or next to SAP policy that world bank tried in Kenya , we all saw what happened many of civil servants were sent home with Ksh 40,000m golden handshake ,freeze of economic growth as if people get scared they develop a herd mentality and will move in a violence manner that is why peace,love and unity we had as nation just evaporated

When Yuan will float my people we shall need 24 economic surveillance others we shall see public debt rising to non-serviceable standards

This is call to indigenous people like Okiyah Omutata, Orina and other to educate Kenyans abroad pros and cons of a strong Yuan.

Party will be over when Yuan depegs
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Thanks
Gibson Amenya
Enigma Consultants Kenya Limited
NHC Building,3rd Flr
Kenya +254720424218, +254-722-825417
Uganda ++256784867430
P.O Box 54753-00200 Nairobi
Email: gib.amenya@enigma.or.ke
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