2023 started peacefully in Kenya. We entered the new year with optimism that 2023 will be better than 2022.
The unusually heavy traffic in Nairobi on the night of January 1st is a clear indication that Kenyans are approaching the New Year with hope and vigor.
What lies ahead depends on our expectations. Investors use the economic theory of expectations as a yardstick for determining how to plan investments in the short and long term.
Likewise, there are many ways for ordinary Kenyans to plan ahead and organize. Especially young people need to start understanding the dynamics of the market.
The world is changing rapidly and only those who understand this can benefit from this change. Young people should adopt IT technology to maximize the benefits of global trading through mobile phones. But with so many people complaining about difficult economic times, why am I so optimistic?
One of the key indicators of my optimism is the change of leadership in Kenya. Frankly, I feel that the current president is really responsible and has the passion and awareness to lead the country in the direction of economic growth.
Listening to his speech on several occasions, we see the sober man on a mission. His other source of my optimism is the resilience of the Kenyan people. Recently, I had the opportunity to speak with a clerk at a gas station.
Nairobi’s Mombasa Road made it clear to me why I think 2023 will be better than 2022.
The young man thought very deeply and said that Kenya had gone through much more difficult times in the past and that the only chance left was to move forward with good plans for better times.
“I look forward to having my own home and sending my children to good schools”. Compared to many countries in Africa and developing countries, our banking and telecommunications services, roads, and both seas and airports are excellent factors that give us a competitive edge.
Delegating funds to the local level is also a way to stimulate the economy to grow faster, if managed properly. The most difficult issues for Kenya at the moment are severe drought and the impact of climate change.
These challenges are problematic, but not beyond our capabilities. Previous governments have not invested enough money in drought-affected counties to mitigate the impact caused by the failure of the rainy season.
Under the current president, there are indications that he plans to change this narrative by improving the way the ground and rainwater are harnessed. It has pledged to convert 3 million hectares of land to irrigated farmland.the problem we have
In Kenya, we are implementing a good plan that we have.
Vision 2030, the United Nations Sustainable Development Goals, and other policies require only political will confirmed by the current president.
The most important driver for better prosperity is for Kenyans to grow out of the mindset that it is difficult to grow wealth due to lack of funds.
Even with limited funds, financial independence is not difficult. All the resources around us, such as our ability to sell our cultivated land and labor to other countries, are ways to make money and progress well.