By Amunga Peter
I came across a comment on social media by a dean of economics who happened to be at STRATHMORE COLLEGE ( today STRATHMORE UNIVERSITY) in the 90s. He is now retired. But he had this to say about Musalia.
“When Mudavadi was Minister for Finance I was in the last three years of his reign a dean at Strathmore college. Everything we were teaching and learning we could see him implement.
Actually, Mudavadi turned the tables round. He declared that jet fuel would be sold in Kenyan shilling. Somehow this forced the lenders to backtrack. I don’t know how it worked but it did. He as the minister for finance was called for talks and sanctions on Kenya were lifted. Among the things we emphasized on and we saw him do included;
1. Combatting hyperinflation,
2. Floating the shilling,
3. Banking sector reforms,
4. Formation of KRA,
6. Creating a free market,
7. Closure of rogue backs,
8. Combatting fraud aka Goldenberg, 9. Debt rescheduling,
10. Growth in GDP, etc.
We as a finance and account related institution at the time learnt a lot from the actions of Mudavadi Musalia as Finance Minister.
I chose from then to just love the man! Listening to him talk about how he can salvage the current state of our economy gives me confidence that yes we can.”..
Kenyan cartoonists depict Mudavadi as a harmless character waiting to be ENDORSED to the extent that many say he has no bottle for tough political battles. But social commentators and economists including renowned economic journalists are seeing in him an economic power house that can chart Kenya back to economic recovery if he is in Government.
Mr Mudavadi is an insider, with a typical Kenyan political pedigree.
A son of a powerful politician, Moses Mudamba Mudavadi, who served as a minister under President Daniel arap Moi. Musalia has cut his teeth in the tough Kenyan Politics by remaining a gentleman of KENYAN politics.
By Amunga Peter