1 00:00:02,440 --> 00:00:06,760 Speaker 1: Bloomberg Audio Studios, Podcasts, radio News. 2 00:00:09,400 --> 00:00:13,320 Speaker 2: The repercussions of Kenya's deadly anti government protests in June 3 00:00:13,360 --> 00:00:16,400 Speaker 2: are still being felt in Nairobi. 4 00:00:21,560 --> 00:00:21,880 Speaker 1: Now. 5 00:00:22,079 --> 00:00:26,640 Speaker 2: Deputy President Brigathi Shagua is facing being removed from office 6 00:00:26,880 --> 00:00:29,000 Speaker 2: after lawmakers voted to impeach him. 7 00:00:29,200 --> 00:00:31,880 Speaker 3: They are supposed to be pitched both of them, the 8 00:00:31,920 --> 00:00:38,040 Speaker 3: president and the deputy president, because the voted in in 9 00:00:38,080 --> 00:00:38,800 Speaker 3: the same ticket. 10 00:00:39,240 --> 00:00:42,479 Speaker 2: On this episode of the Next Africa Podcast, we'll look 11 00:00:42,520 --> 00:00:46,360 Speaker 2: at what's behind the move to Auskashagua and whether Kenya 12 00:00:46,520 --> 00:00:49,479 Speaker 2: is heading for even more unrest and instability. 13 00:00:49,880 --> 00:00:53,519 Speaker 3: From today one forward, we are not calum country. 14 00:00:55,880 --> 00:00:59,160 Speaker 2: I'm Jennifer Zabasaja and this is the Next Africa Podcast, 15 00:00:59,440 --> 00:01:02,400 Speaker 2: bringing you one story each week from the continent, driving 16 00:01:02,440 --> 00:01:05,839 Speaker 2: the future of global growth with the context only Bloomberg 17 00:01:05,840 --> 00:01:12,080 Speaker 2: can provide. Joining us this week is our East Africa 18 00:01:12,120 --> 00:01:15,679 Speaker 2: Bureau chief, Helen Niamburah. Helen, thank you so much for 19 00:01:15,760 --> 00:01:18,800 Speaker 2: coming on the podcast and helping us make sense of 20 00:01:18,880 --> 00:01:21,399 Speaker 2: this story. So we're going to get to the events 21 00:01:21,440 --> 00:01:25,160 Speaker 2: in parliament shortly. But we're just a few months out 22 00:01:25,319 --> 00:01:28,360 Speaker 2: from those deadly protests that we saw in Kenya over 23 00:01:28,480 --> 00:01:32,600 Speaker 2: government plans to raise more taxes. Maybe give us a 24 00:01:32,600 --> 00:01:36,080 Speaker 2: timeline or TikTok of what we've seen since then and 25 00:01:36,120 --> 00:01:38,360 Speaker 2: how that's led to what we're seeing now. 26 00:01:40,720 --> 00:01:45,160 Speaker 3: So we heard the protests around June and July. We 27 00:01:45,240 --> 00:01:48,080 Speaker 3: swe more than sixty people killed in that in those 28 00:01:48,160 --> 00:01:54,200 Speaker 3: deadly protests. Since then, we've seen President William Bruto appoint 29 00:01:54,360 --> 00:01:58,320 Speaker 3: members of the opposition into his cabinet. So he picked 30 00:01:58,400 --> 00:02:02,040 Speaker 3: four people from the biggest position party to join his 31 00:02:02,080 --> 00:02:06,840 Speaker 3: cabinet and in high profile ministries, including the Finance ministry. 32 00:02:07,360 --> 00:02:11,440 Speaker 3: He's also backed the candidature of his main rival at 33 00:02:11,480 --> 00:02:15,040 Speaker 3: elections in twenty twenty two, which was Raila Dingham to 34 00:02:15,080 --> 00:02:18,400 Speaker 3: be the head of the African Union. He's been attempting 35 00:02:18,520 --> 00:02:22,359 Speaker 3: to bring the opposition to his side. He also did 36 00:02:22,400 --> 00:02:25,800 Speaker 3: away with the tax measures that he had planned to 37 00:02:25,840 --> 00:02:29,840 Speaker 3: implement that were the trigger for those protests, and in 38 00:02:29,960 --> 00:02:35,200 Speaker 3: embracing the opposition that was seen by Sam to be 39 00:02:35,720 --> 00:02:40,160 Speaker 3: alienation of the deputy president. So since then we've seen 40 00:02:40,639 --> 00:02:45,920 Speaker 3: a lot of the allies behind Routeau attacking the deputy President. 41 00:02:46,320 --> 00:02:49,320 Speaker 3: So remarks that he's made in the past, his actions 42 00:02:49,360 --> 00:02:51,840 Speaker 3: that have been made in the past were now made 43 00:02:52,000 --> 00:02:56,160 Speaker 3: into sort of a big deal. So it looked like 44 00:02:56,240 --> 00:03:00,600 Speaker 3: he was being targeted. So it's been culminating throughout the 45 00:03:01,040 --> 00:03:05,120 Speaker 3: two years that they have been in power, but after 46 00:03:05,160 --> 00:03:09,440 Speaker 3: the protests, I think the attack on him has become bigger. 47 00:03:09,800 --> 00:03:11,440 Speaker 1: Helen, I think it's important to know. 48 00:03:11,520 --> 00:03:14,080 Speaker 2: I mean, you were saying that the president appointed several 49 00:03:14,200 --> 00:03:16,800 Speaker 2: members of the opposition into the cabinet. We should also 50 00:03:16,800 --> 00:03:20,160 Speaker 2: maybe discuss the president effectively let go of most of 51 00:03:20,200 --> 00:03:22,360 Speaker 2: his cabinet. Can you just walk us through that, and 52 00:03:22,400 --> 00:03:25,040 Speaker 2: then why then he brought in the opposition. 53 00:03:25,400 --> 00:03:29,120 Speaker 3: Yeah, so he sucked his entire cabinet. The only people 54 00:03:29,160 --> 00:03:31,880 Speaker 3: who are left to were the elected leaders, which was 55 00:03:32,040 --> 00:03:35,200 Speaker 3: the deputy president and I think he also left the 56 00:03:35,360 --> 00:03:39,640 Speaker 3: Prime Cabinet secretary in Musalium Muldavidy. So he let go 57 00:03:39,760 --> 00:03:44,320 Speaker 3: of everybody, but brought back half of his old cabinet 58 00:03:44,840 --> 00:03:48,240 Speaker 3: and appointed the for from opposition and appointed a few 59 00:03:48,240 --> 00:03:52,320 Speaker 3: others that were totally fresh blood. In that way, he 60 00:03:52,760 --> 00:03:58,280 Speaker 3: embraced the opposition. So even in Parliament, any policies that 61 00:03:58,360 --> 00:04:01,440 Speaker 3: he wants to push us through this or opposition, he 62 00:04:01,560 --> 00:04:06,320 Speaker 3: literally just obliterated the opposition in his favor. While he 63 00:04:06,440 --> 00:04:09,880 Speaker 3: did this as an aftermath of the protest. The protests 64 00:04:09,880 --> 00:04:12,800 Speaker 3: were not about the opposition. The protests were just young 65 00:04:12,840 --> 00:04:15,640 Speaker 3: people said about what's going on in the country and 66 00:04:15,720 --> 00:04:19,240 Speaker 3: had nothing to do really with party politics. He was 67 00:04:19,320 --> 00:04:23,320 Speaker 3: just really strengthening his hand in Parliament and it did 68 00:04:23,400 --> 00:04:28,160 Speaker 3: nothing to appease the protesters. Even during this whole impeachment process, 69 00:04:28,160 --> 00:04:30,839 Speaker 3: we've seen a lot of people asking that both of 70 00:04:30,880 --> 00:04:34,120 Speaker 3: them should be impeached, not just the vice president but 71 00:04:34,200 --> 00:04:37,160 Speaker 3: the president too, because they came in as a joint ticket. 72 00:04:37,560 --> 00:04:39,920 Speaker 2: So then how does this al factor into the blame 73 00:04:40,000 --> 00:04:43,080 Speaker 2: game that's now going on around the protest, Helen, because 74 00:04:43,120 --> 00:04:45,159 Speaker 2: you just mentioned a lot of it was gen Z 75 00:04:45,320 --> 00:04:48,240 Speaker 2: and people being frustrated by policies, but now it seems 76 00:04:48,279 --> 00:04:51,120 Speaker 2: like there's a bit of finger pointing going on about 77 00:04:51,240 --> 00:04:52,680 Speaker 2: who was really behind it. 78 00:04:53,560 --> 00:04:56,680 Speaker 3: During the head of the protests, the President did say 79 00:04:56,960 --> 00:05:01,640 Speaker 3: that the protests were infiltrated by criminal gangs. So a 80 00:05:01,640 --> 00:05:05,520 Speaker 3: lot of the criminality that we saw shops being broken into, 81 00:05:05,680 --> 00:05:08,400 Speaker 3: a lot of theft and so on, the president said 82 00:05:08,440 --> 00:05:11,440 Speaker 3: that was they criminal gangs. And in the recent weeks 83 00:05:11,440 --> 00:05:15,440 Speaker 3: we've seen some allies of the deputy President being accused 84 00:05:15,480 --> 00:05:19,240 Speaker 3: of having bank crossed the criminal gangs. So if you 85 00:05:19,760 --> 00:05:22,599 Speaker 3: draw a line, this just goes back to the president. 86 00:05:22,920 --> 00:05:26,279 Speaker 3: It would be interesting to see if this MPs are 87 00:05:27,040 --> 00:05:31,960 Speaker 3: indicted for its allegations and if the deputy president is 88 00:05:32,000 --> 00:05:33,000 Speaker 3: also drawn into this. 89 00:05:33,400 --> 00:05:35,960 Speaker 2: So that leads us to this week in parliament, Helen 90 00:05:36,120 --> 00:05:39,520 Speaker 2: give us a sense of who Cachagua is and maybe 91 00:05:39,560 --> 00:05:42,200 Speaker 2: dig into a little bit more why he has a target. 92 00:05:41,880 --> 00:05:43,599 Speaker 1: On his back to be impeached. 93 00:05:44,040 --> 00:05:48,560 Speaker 3: Yeah, that's interesting. So Cashagoa comes from the very populous 94 00:05:48,920 --> 00:05:54,080 Speaker 3: Mount Kenya region. It's a vote reach block and once 95 00:05:54,240 --> 00:05:56,680 Speaker 3: you have this block behind you, you're sort of assured 96 00:05:56,800 --> 00:06:01,120 Speaker 3: of the presidency. He could argue that he added to 97 00:06:01,200 --> 00:06:05,560 Speaker 3: Routor's numbers during the election. He wasn't that much known 98 00:06:05,800 --> 00:06:09,680 Speaker 3: before the elections. He was a businessman. He says he 99 00:06:10,400 --> 00:06:14,720 Speaker 3: was already wealthy before he came into politics and his 100 00:06:14,800 --> 00:06:18,440 Speaker 3: earlier career he was like a civil servant. He worked 101 00:06:18,440 --> 00:06:19,200 Speaker 3: for the government. 102 00:06:19,600 --> 00:06:21,159 Speaker 1: And what is he being accused? 103 00:06:21,600 --> 00:06:27,039 Speaker 3: So there's eleven charges in the impeachment motion. The most 104 00:06:27,160 --> 00:06:30,720 Speaker 3: grave ones are about corruption. He is said to have 105 00:06:30,760 --> 00:06:36,839 Speaker 3: amassed a property portfolio or about forty million dollars in 106 00:06:36,920 --> 00:06:39,960 Speaker 3: the past two years that they have been in power. 107 00:06:40,520 --> 00:06:43,839 Speaker 3: He says most of that he just inherited from his 108 00:06:43,920 --> 00:06:47,600 Speaker 3: brother and that he's had money before this and he 109 00:06:47,640 --> 00:06:50,679 Speaker 3: invested some of his money into the property. He's also 110 00:06:50,720 --> 00:06:57,240 Speaker 3: accused of undermining the president, undermining national security, undermining the 111 00:06:57,279 --> 00:07:02,479 Speaker 3: cohesiveness of the nation. Kenya is divided along ethnic groups, 112 00:07:02,720 --> 00:07:06,760 Speaker 3: and one of the things he spoke about elia in 113 00:07:06,880 --> 00:07:11,600 Speaker 3: the presidency was about shareholding. He said, Kenya has shareholding 114 00:07:12,160 --> 00:07:16,560 Speaker 3: and right now the shareholding belonged to his community and 115 00:07:16,720 --> 00:07:20,920 Speaker 3: President Rutu's community. In effect, he was alienating a huge 116 00:07:20,960 --> 00:07:24,239 Speaker 3: part of the country. Kenya has more than forty ethnic 117 00:07:24,280 --> 00:07:28,280 Speaker 3: groups and just saying that it's now the time for 118 00:07:28,800 --> 00:07:32,560 Speaker 3: these two communities to rule, which in effect means to 119 00:07:33,840 --> 00:07:37,560 Speaker 3: have access to state resources and to being a position 120 00:07:37,720 --> 00:07:41,640 Speaker 3: to loot the country. That just rubbed people the wrong 121 00:07:41,680 --> 00:07:45,840 Speaker 3: way and totally alienated him from a lot of Kenyans. 122 00:07:46,200 --> 00:07:49,320 Speaker 2: So a lot of Kenyans were alienated by that. But 123 00:07:49,440 --> 00:07:54,440 Speaker 2: does he have support in any specific corners of the 124 00:07:54,480 --> 00:07:55,840 Speaker 2: government among lawmakers. 125 00:07:57,320 --> 00:08:01,280 Speaker 3: Among lawmakers, going by the vote in the Assembly on Tuesday, 126 00:08:01,600 --> 00:08:04,760 Speaker 3: does not have any support. It was two eighty one 127 00:08:05,240 --> 00:08:09,520 Speaker 3: against him and forty four for him. So if we 128 00:08:09,760 --> 00:08:13,600 Speaker 3: can expect the same voting pattern in Senate, then I 129 00:08:13,600 --> 00:08:16,160 Speaker 3: would say that it will be the same results over 130 00:08:16,200 --> 00:08:20,680 Speaker 3: there too. Among the voters, I think there's a lot 131 00:08:20,720 --> 00:08:23,560 Speaker 3: of sympathy for him right now, and a lot of 132 00:08:23,640 --> 00:08:27,200 Speaker 3: people are calling for both Rutal and Passia where to go. 133 00:08:27,840 --> 00:08:32,800 Speaker 3: So while lawmakers are voting along party lines, the actual voters, 134 00:08:32,840 --> 00:08:35,840 Speaker 3: the people on the ground, are asking for both of 135 00:08:35,880 --> 00:08:38,160 Speaker 3: them to go. So there's a lot of sympathy for 136 00:08:38,320 --> 00:08:43,600 Speaker 3: him just generally because people want the entire government to leave. 137 00:08:43,960 --> 00:08:47,280 Speaker 2: Well, it's a tumultuous time for the economy. But stick 138 00:08:47,320 --> 00:08:49,560 Speaker 2: with us, Allen. When we come back, we are going 139 00:08:49,559 --> 00:08:51,920 Speaker 2: to dig into more about what could happen next and 140 00:08:51,960 --> 00:08:55,560 Speaker 2: what this could mean more broadly for the Kenyan government's 141 00:08:55,600 --> 00:08:58,640 Speaker 2: attempts to rebuild the economy and the promises that the 142 00:08:58,679 --> 00:09:07,920 Speaker 2: president made. Right back, Welcome back today on the podcast, 143 00:09:08,120 --> 00:09:09,679 Speaker 2: we are digging into Kenya. 144 00:09:09,840 --> 00:09:12,040 Speaker 1: Four months on from deadly protests. 145 00:09:12,480 --> 00:09:17,200 Speaker 2: The country finds itself again in political instability, with Helen Yambua, 146 00:09:17,640 --> 00:09:21,280 Speaker 2: our bureau chief in Nairobi, joining us. So, Helen, what 147 00:09:21,360 --> 00:09:25,120 Speaker 2: impact does this have on President Ruter's ability to govern? 148 00:09:25,200 --> 00:09:26,440 Speaker 1: What are we hearing from him? 149 00:09:26,960 --> 00:09:30,000 Speaker 3: He will be able to push any policies that he 150 00:09:30,120 --> 00:09:33,319 Speaker 3: wants in Parliament. He has been able to bring a 151 00:09:33,440 --> 00:09:37,880 Speaker 3: position to the fold, so in terms of legislation, it's 152 00:09:37,920 --> 00:09:41,360 Speaker 3: going to be very easy for him to govern. I 153 00:09:41,400 --> 00:09:45,400 Speaker 3: don't think that the removal of the Vice President portains 154 00:09:45,520 --> 00:09:51,720 Speaker 3: any upheaval. It's unlikely to lead to the protest that 155 00:09:51,760 --> 00:09:55,520 Speaker 3: we saw earlier in the year. He doesn't have the 156 00:09:55,559 --> 00:09:58,480 Speaker 3: backing of people that would want to go to the 157 00:09:58,520 --> 00:10:00,720 Speaker 3: streets to protest for him. 158 00:10:00,920 --> 00:10:03,400 Speaker 1: What about on the investment community, Helen. 159 00:10:03,320 --> 00:10:06,959 Speaker 3: We've seen the shilling being pretty stable, We've seen bond 160 00:10:07,000 --> 00:10:11,800 Speaker 3: prices barely moving. I think this has been seen as 161 00:10:12,240 --> 00:10:17,120 Speaker 3: just another upheaval in Kenya. Investors have become immune to 162 00:10:17,240 --> 00:10:21,319 Speaker 3: the frequent up and downs in the country. So unless 163 00:10:21,360 --> 00:10:24,760 Speaker 3: there's something really serious the demonstrations that we sew, the 164 00:10:24,800 --> 00:10:27,880 Speaker 3: matches that we saw in June and July, I don't 165 00:10:27,920 --> 00:10:30,800 Speaker 3: think that bond crisis are going to take a fitting. 166 00:10:31,280 --> 00:10:35,120 Speaker 2: So considering that, Helen, what happens next? What is the 167 00:10:35,240 --> 00:10:38,560 Speaker 2: sentiment on the ground there. I mean, is there a 168 00:10:38,640 --> 00:10:41,319 Speaker 2: reality that's setting in that potentially Kenya is going from 169 00:10:41,400 --> 00:10:45,800 Speaker 2: crisis to crisis or is there optimism that potentially there 170 00:10:45,840 --> 00:10:48,640 Speaker 2: is an opportunity to turn things around at some point. 171 00:10:48,760 --> 00:10:52,920 Speaker 3: I think keny As I just used to living crisis 172 00:10:52,920 --> 00:10:57,680 Speaker 3: to crisis. Yeah, this shouldn't be seen as like a 173 00:10:57,760 --> 00:11:02,040 Speaker 3: major upheaval for the country. What would be interesting to 174 00:11:02,160 --> 00:11:07,200 Speaker 3: see is how Kenyans react to other things that are 175 00:11:07,240 --> 00:11:10,959 Speaker 3: happening in the country. There's the introduction of a new 176 00:11:11,200 --> 00:11:15,800 Speaker 3: social health program. There's been questions about how transparent that 177 00:11:15,880 --> 00:11:21,200 Speaker 3: has been. There's the proposed leasing of the biggest airport 178 00:11:21,360 --> 00:11:24,520 Speaker 3: in the country to a doney group that led to 179 00:11:24,600 --> 00:11:29,560 Speaker 3: protests by aviation workers. That also wasn't very transparent. There's 180 00:11:29,640 --> 00:11:33,160 Speaker 3: a litany of problems, and the impeachment of the deputy 181 00:11:33,200 --> 00:11:37,280 Speaker 3: president is not the biggest one, and some people would 182 00:11:37,360 --> 00:11:41,640 Speaker 3: say it's to divert Kenyan's attention away to these other 183 00:11:42,000 --> 00:11:45,200 Speaker 3: issues that were bubbling. So I would say Kenyans are 184 00:11:45,400 --> 00:11:50,800 Speaker 3: used to scandal after scandal or upheaval, and investors are 185 00:11:51,720 --> 00:11:56,199 Speaker 3: increasingly immune to them, not reading the headlines and panicking. 186 00:11:56,640 --> 00:12:00,760 Speaker 3: I think until we see what we saw in June 187 00:12:00,840 --> 00:12:05,480 Speaker 3: and July, most Kenyans in the markets just continue to 188 00:12:05,520 --> 00:12:07,200 Speaker 3: do things as they have done. 189 00:12:08,240 --> 00:12:09,000 Speaker 1: We'll leave it there. 190 00:12:09,480 --> 00:12:12,840 Speaker 2: Our East Africa Bureau Chief Helen Yiambura. Helen, thank you 191 00:12:12,920 --> 00:12:15,000 Speaker 2: so much for your insight. We know you'll continue to 192 00:12:15,000 --> 00:12:17,520 Speaker 2: be all over it. Appreciate you joining us this week. 193 00:12:17,800 --> 00:12:20,000 Speaker 1: Thank you, Jennifer, and thanks so much. 194 00:12:19,880 --> 00:12:23,280 Speaker 2: To our East Africa Bureau Chief, Helen Yamburah for joining 195 00:12:23,400 --> 00:12:25,959 Speaker 2: us this week. You can read all of the coverage 196 00:12:25,960 --> 00:12:29,040 Speaker 2: from our Naborbe team and our teams across the region 197 00:12:29,400 --> 00:12:34,480 Speaker 2: on Bloomberg News platforms. Here's a few other stories we're 198 00:12:34,520 --> 00:12:37,840 Speaker 2: watching in the region this week. Cameroony and bonds took 199 00:12:37,880 --> 00:12:40,719 Speaker 2: a hit as worries mounted about the health of the 200 00:12:40,840 --> 00:12:45,800 Speaker 2: nation's president raised concerns about a potential succession battle. President 201 00:12:45,840 --> 00:12:49,840 Speaker 2: Paul Bia has been absent from public views since early September, 202 00:12:50,080 --> 00:12:53,160 Speaker 2: when he traveled to Europe and China, though the government 203 00:12:53,200 --> 00:12:56,680 Speaker 2: says the ninety one year old leader is healthy and 204 00:12:57,360 --> 00:13:00,560 Speaker 2: the Democratic Republic of Congo's top mining of Mischel tells 205 00:13:00,600 --> 00:13:04,479 Speaker 2: Bloomberg the country wants to pivot away from China's dominance 206 00:13:04,520 --> 00:13:07,760 Speaker 2: of its mining industry. Congo is hoping to attract better 207 00:13:07,800 --> 00:13:11,040 Speaker 2: and more diversified investors as they set their sights on 208 00:13:11,160 --> 00:13:15,000 Speaker 2: playing a key role in international metals markets. Congo is 209 00:13:15,000 --> 00:13:17,800 Speaker 2: the second largest producer of copper and by far the 210 00:13:17,840 --> 00:13:21,319 Speaker 2: world's biggest source of cobalt. And you can follow these 211 00:13:21,320 --> 00:13:25,080 Speaker 2: stories across Bloomberg, including the Next African Newsletter. We'll put 212 00:13:25,120 --> 00:13:31,200 Speaker 2: a link to that in our show notes. This program 213 00:13:31,360 --> 00:13:35,000 Speaker 2: was produced by Adrian Bradley. Don't forget to follow and 214 00:13:35,080 --> 00:13:38,199 Speaker 2: review the show wherever you usually get your podcasts. 215 00:13:38,400 --> 00:13:40,680 Speaker 1: I'm Jennifer's Abasaja. Thanks for listening.