KPMG: Savings key to long-term growth

http://www.ntv.co.ke
The government needs to seek ways of encouraging a savings culture among its population if the country is to generate sufficient funds for the kind of development necessary to meet the Vision 2030 target. KPMG's Chief Executive Officer Josphat Mwaura says there is a worrying trend of increased consumption in the country compared to investment levels among individuals.
The need to execute strategies that will ensure that the 1 trillion shilling Budget presented on Wednesday by the Finance Minister is fully utilised, was noted as the most key tenet of making the Budget a success.

Category:

News & Politics

Tags:

• Josphat
• Mwaura
• KPMG
• NTV
• Budget
• finance
• minister
• Uhuru
• Kenyatta
• Vision
• 2030
• Alex
• Mwangi
• consumption
• investment
• savings
• tax
• taxes
• taxation
• borrowing
• government
• Treasury

[harrydre]

@drsugarcane agreed. i wish i can see these kind of news everyday rather than porojo za kina sonko.

[drsugarcane]

Let's keep the professional discussion going. Give politicians a media blackout. Too much politics in Kenya

[Utadowot]

if you borrow more money and make a loss, go back to the drawing board

[madscientistify]

finally someone mentions this issue

[almunjama]

A business called Kenya was started in 1963 and 47 down the line the business can not operate it self??? Its time to change the style of leadership, Financial management, procurement, investor confidence, Assets management and general operation of this business. 558 months without profit is very ridiculous!!