Wiper Party leader Kalonzo Musyoka has issued a warning about the state of Kenya’s economy, accusing the Kenya Kwanza government of pushing the country towards a financial and governance crisis through reckless debt management and covert attempts to privatise strategic national assets.
Kalonzo delivered the speech during the launch of the People’s Audit Report in Nairobi on Monday, Dec 8, where he commended civil society groups, The Institute for Social Accountability (TISA), and Okoa Uchumi, for presenting what he termed an “unvarnished picture” of how public funds are being mismanaged.
He said the report reflects the struggles of Kenyans, noting that the ever-increasing Ksh12.5 trillion public debt is no longer an imagined and distant number, but a real burden affecting businesses, counties, and households across the country.
The Wiper leader accused the government of engaging in unnecessary borrowing, inflating contracts, abandoning projects, and weakening key institutions tasked with oversight.
Kalonzo said Kenya is now witnessing efforts to dispose of critical national assets such as Safaricom shares, JKIA, and Kenya Pipeline, without transparency or public participation.
“This is unacceptable. It is unconstitutional. And it will not stand,” declared Kalonzo.
Dismissing comparisons to Singapore, Kalonzo termed the current governance style in Kenya, which he termed “Rutopreneurship,” as lacking discipline, accountability, and zero tolerance for corruption of Singapore’s economic model.
Kalonzo also touched on the government’s intolerance for dissent, suggesting that dissent was a necessary part of democracy that ought to be protected.
The Wiper leader then unveiled a five-point plan he claimed cannot wait, aimed at restoring Kenya’s fiscal stability. This plan includes a transparent and people-centred debt restructuring process to cushion citizens from further economic shocks.
The opposition leader called for a Parliament empowered to provide genuine oversight, as well as the protection of constitutional offices such as the Auditor-General, Controller of Budget, and EACC from political pressure.
Additionally, Musyoka called for deep reforms in procurement and public investment management to end inflated contracts, ghost projects, and wasteful spending, while insisting that any privatization must be credible, transparent, and rooted in national interest rather than rushed disposals.
With 2027 fast approaching, Kalonzo stated that Kenya deserves leadership that treats public money with dignity, confronts corruption, and safeguards national assets for future generations.
“We can turn this country around, but only if we face the truth and act on it,” the Wiper party leader concluded. “Our children deserve a country that cannot be bought or sold.”
