Home | Business News | Browse by Publication | A | African Business

When it pays to be poor (sometimes!); Has Kenya been penalised for diligently repaying its international debt obligations, while its East African neighbours have lived beyond their means are being rewarded for their folly?

Publication: African Business
Publication Date: 01-NOV-08 		Format: Online
Delivery: Immediate Online Access
Full Article Title: When it pays to be poor (sometimes!); Has Kenya been penalised for diligently repaying its international debt obligations, while its East African neighbours have lived beyond their means are being rewarded for their folly?(LETTER FROM EAST AFRICA)

Article Excerpt
One of the first things I noticed when I returned to Kenya from a sabbatical year in Boston was how bad the Kenyan roads were. Then I noticed how unreliable the water supply was. And though in the time I have been back, there have been no major power failures of the sort that Kenya frequently had a few years ago, I find that I still keep a torch close to me every evening, just in case.

I imagine just about anyone who returns to an African country after a period of many months in a North American or Western European city would make much the same observation: that the most significant difference between a place like Boston and Kenyan cities like Mombasa and Nairobi lies in the quality of infrastructure.

[ILLUSTRATION OMITTED]

And it could further be argued that the absence...

Read the FULL article now - Try Goliath Business News - FREE!   
You can view this article PLUS...

  • Over 5 million business articles
  • Hundreds of the most trusted magazines, newswires, and journals (see list)
  • Premium business information that is timely and relevant
  • Unlimited Access

Now for a Limited Time, try Goliath Business News - Free for 3 Days!
Tell Me More   Terms and Conditions

Get Goliath Business News for 1 year - Just $99 (Save 65%)
Tell Me More   Terms and Conditions

Already a subscriber? Log in to view full article



More articles from African Business
More local content, broadcasters told: although television is spreadin..., November 01, 2008
Quiet man of the revolution.(TOPIC)(political activity of Kgalema Motl..., November 01, 2008

Looking for additional articles?
Search our database of over 3 million articles.

Looking for more in-depth information on this industry?
Search our complete database of Industry & Market reports by text, subject, publication name or publication date.

About Goliath
Whether you're looking for sales prospects, competitive information, company analysis or best practices in managing your organization, Goliath can help you meet your business needs.

Our extensive business information databases empower business professionals with both the breadth and depth of credible, authoritative information they need to support their business goals. Whether it be strategic planning, sales prospecting, company research or defining management best practices - Goliath is your leading source for accurate information.