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Cde Monomotapa
#1421 Posted : Friday, September 09, 2011 12:32:09 PM
Rank: Chief

Joined: 1/13/2011
Posts: 5,964
hisah wrote:
Cde Monomotapa wrote:
hisah wrote:
@Cde bought the 5% shareholding excuse smile
Why didn't they sell earlier? Why in Dec?

The "frozen" were "un-frozen" Kenyans everything has to be scandalized and sensationalized.

I wish you could wear the money goggles only for a moment... Then you'd see my point of view smile

Whatever man.
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kenyainvestor
#1422 Posted : Friday, September 09, 2011 1:52:10 PM
Rank: Member

Joined: 7/12/2011
Posts: 194
Kenyan housing demand dips as growth prospects contract
The local housing market appears set for a moderate correction as high interest rates and inflation reduces consumer and investment spending.

Few first time home buyers are now expected to be the chief culprits behind the slowdown as subdued job and household income growth persists.

According Edward Ndirangu, the Chief Executive of Tweya Investment, the sector is already witnessing cooling down in house inquiries.

"We have already started witnessing a significant swing in activity over the past few months with fewer inquiries coming through," he said.

This, he added, is consistent with the rising interest rates and the slowdown in economic growth and erosion of disposable incomes.

http://tinyurl.com/436ecjh
LATEST BLOG POST: NSE BANKING SECTOR REPORT - THE TOP 5
FACEBOOK: Kenya Investing
TWITTER HANDLE: @kenyainvestor
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kenyainvestor
#1423 Posted : Friday, September 09, 2011 3:04:48 PM
Rank: Member

Joined: 7/12/2011
Posts: 194
Bank of America Corp officials have discussed slashing roughly 40,000 jobs during the first wave of a restructuring, the Wall Street Journal said, citing people familiar with the plans.

The number of job cuts are not final and could change. The restructuring aims to reduce the bank's workforce of 280,000 over a period of years, the Journal said.

http://tinyurl.com/3vmoy4m
LATEST BLOG POST: NSE BANKING SECTOR REPORT - THE TOP 5
FACEBOOK: Kenya Investing
TWITTER HANDLE: @kenyainvestor
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Mainat
#1424 Posted : Friday, September 09, 2011 5:19:27 PM
Rank: Veteran

Joined: 11/21/2006
Posts: 1,590
Markets in the west down again, didn't buy Ob's medicine and ofcourse Greece drama is now in the final act before the curtain raiser.
Interestingly, Jurgen Stark, one of Germany's rep at the ECB has resigned. Germans can't stand the idea of bailing out their lazy Southerners.
Sehemu ndio nyumba
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hisah
#1425 Posted : Friday, September 09, 2011 8:55:55 PM
Rank: Chief

Joined: 8/4/2010
Posts: 8,977
Mainat wrote:
Markets in the west down again, didn't buy Ob's medicine and ofcourse Greece drama is now in the final act before the curtain raiser.
Interestingly, Jurgen Stark, one of Germany's rep at the ECB has resigned. Germans can't stand the idea of bailing out their lazy Southerners.


Yap, the curtain raiser indeed. Germans still have fresh minds on how their Weimer Republic hurt a lot.
1st world politicians and central planners are running out of time and lies...!?
$15/barrel oil... The commodities lehman moment arrives as well as Sovereign debt volcano!
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hisah
#1426 Posted : Saturday, September 10, 2011 8:33:01 AM
Rank: Chief

Joined: 8/4/2010
Posts: 8,977
This Egyptian spring is tipping things dangerously...

http://bit.ly/nZ1zmK
$15/barrel oil... The commodities lehman moment arrives as well as Sovereign debt volcano!
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hisah
#1427 Posted : Saturday, September 10, 2011 11:44:51 PM
Rank: Chief

Joined: 8/4/2010
Posts: 8,977
Greece wananchi pissed again...

http://www.athensnews.gr/portal/9/47176
$15/barrel oil... The commodities lehman moment arrives as well as Sovereign debt volcano!
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hisah
#1428 Posted : Sunday, September 11, 2011 8:56:09 AM
Rank: Chief

Joined: 8/4/2010
Posts: 8,977
This is cynical considering that one W Buffet owns this rating firm...

http://bloom.bg/reJiK0
$15/barrel oil... The commodities lehman moment arrives as well as Sovereign debt volcano!
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the deal
#1429 Posted : Sunday, September 11, 2011 9:24:43 AM
Rank: Elder

Joined: 9/25/2009
Posts: 4,534
Location: Windhoek/Nairobbery
@Hisah Greece should just be kicked out of the Euro Zone and let it default...atleast lessons will be learned...
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hisah
#1430 Posted : Sunday, September 11, 2011 9:55:40 AM
Rank: Chief

Joined: 8/4/2010
Posts: 8,977
the deal wrote:
@Hisah Greece should just be kicked out of the Euro Zone and let it default...atleast lessons will be learned...

What lessons were learned in 2007-2008? None. Expect that since the central planners employee a strategy called extend & pretend.
When the people take the streets back, that's when lessons will be learned.
$15/barrel oil... The commodities lehman moment arrives as well as Sovereign debt volcano!
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