@LegalEzra @Raybo0mLynn @the_nilote_ @kollonabiswa @MisterAlbie In that vein I can add 2 things specifically for Nyanza n Western.
The first factory I ever visited was Nzoia Sugar (@Double_____O @inglorious_bat ), Then Kisumu was a thriving port city with night life that rivaled Kampala’s. Sugar factories almost died in 90’s. /1
@LegalEzra @Raybo0mLynn @the_nilote_ @kollonabiswa @MisterAlbie @Double_____O @inglorious_bat There was a global collapse of cotton prices in 1989 with the fall of Soviet Union. With Nyanza a hotbed of opposition politics, Moi killed the cotton sector in Nyanza and all garment factories closed. Nakuru became a ghost town in the 90’s and there went Nyanza economy /
Apr 26, 2025 • 6 tweets • 1 min read
In most places in the world, corruption tends to be growth-reducing, but this is much less true in East and Southeast Asia, where it tends to be growth-enhancing. iias.asia/the-newsletter…
In the 1960s, President Park Chung-hee (father of the recently deposed president) struck deals with a small number of Korean capitalists, which worked as follows: The Park government provided these capitalists promotional privileges particularly cheap credit /1