Kenya's economy is on a literal deathbed, yet the richest man in the country, Uhuru Kenyatta will continue eating millions of taxpayers' money for years to come.
Uhuru Kenyatta, the former President of Kenya, is arguably the person that sunk the Kenyan economy.
He is slated to start receiving a Ksh 1.32m as from April, 2023, while millions of Kenyans continue to languish in poverty. While this may seem to be reasonable for any retiring president, there are several disadvantages to such actions. Firstly, the amount of money that Kenyatta will receive as a pension is exorbitant. According to reports, he will receive over Ksh 1 million per month for the rest of his life. This is an enormous sum of money that could be better used elsewhere in Kenya's struggling economy. Uhuru is filthy rich and already has other commitments and businesses fetching more money.
Secondly, Kenyatta's decision to receive a pension sends the wrong message to other politicians and public officials. It suggests that they too should expect large sums of money upon retirement, regardless of their contributions or performance while in office. A slippery slope? Finally, given the corruption and mismanagement that has plagued Kenya's government for years, (especially during his two terms in office) it is difficult to justify such a large payout for one individual. The country's resources should be used to benefit all citizens rather than just one person.
In conclusion, while Uhuru Kenyatta may have earned his retirement benefits through years of service as President of Kenya, the disadvantages outweigh any potential benefits from this decision. This is a typical case of the rich helping the rich to get richer while the poor get poorer.
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