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INFLATION FINALLY BEGINS TO EASE
GGK
#21 Posted : Monday, January 09, 2012 8:55:29 PM
Rank: Member


Joined: 11/21/2006
Posts: 608
Location: Ruiru
Who says China was not involved in Libya?

Who will re-construct the NATO Damage
"..I am because we are. "― Ubuntu, Umtu,
Nabwire
#22 Posted : Monday, January 09, 2012 11:20:19 PM
Rank: Veteran


Joined: 7/22/2011
Posts: 1,325
Cde Monomotapa wrote:
The next Ponzi Scheme to implode is Western unemployment benefits & welfare check system. Productivity supports social programs. Thus, as their productivity declines (recession) there will be a drop in remittance and then POP!! More blood on Main Street.


Not quite, there are more Millionaires and Billionaires being made by the day. The gap between the rich and the poor is widening, but the nouveau riche will more than provide for the nouveau pauvre smile Recessions and Depressions are good for business smile, so dont hold your breathe too long! I thought we agreed that SSA needs an economically viable US & West, ama FDI zitatoka wapi?
Cde Monomotapa
#23 Posted : Tuesday, January 10, 2012 8:25:05 AM
Rank: Chief


Joined: 1/13/2011
Posts: 5,964
Nabwire wrote:
Cde Monomotapa wrote:
The next Ponzi Scheme to implode is Western unemployment benefits & welfare check system. Productivity supports social programs. Thus, as their productivity declines (recession) there will be a drop in remittance and then POP!! More blood on Main Street.


Not quite, there are more Millionaires and Billionaires being made by the day. The gap between the rich and the poor is widening, but the nouveau riche will more than provide for the nouveau pauvre smile Recessions and Depressions are good for business smile, so dont hold your breathe too long! I thought we agreed that SSA needs an economically viable US & West, ama FDI zitatoka wapi?

It is also in the best interest of the rest of the world to have SSA growing as it is the latest source of real demand.
youcan'tstopusnow
#24 Posted : Tuesday, January 10, 2012 10:34:21 PM
Rank: Chief


Joined: 3/24/2010
Posts: 6,779
Location: Black Africa
Short rains hand power users Sh2bn bill relief

http://www.businessdaily...2/-/2s5uot/-/index.html

But don't start the party yet as

Citigroup predicts high inflation rates for three EAC neighbours in 2012

http://www.businessdaily.../-/144yjqj/-/index.html

GOD BLESS YOUR LIFE
guru267
#25 Posted : Wednesday, January 11, 2012 5:29:27 AM
Rank: Elder


Joined: 1/21/2010
Posts: 6,675
Location: Nairobi
youcan'tstopusnow wrote:
Short rains hand power users Sh2bn bill relief

http://www.businessdaily...2/-/2s5uot/-/index.html


Hmmmmm.. I wonder if the retarded Ndungu and his interest rates were the cause of this decline..


Mark 12:29
Deuteronomy 4:16
youcan'tstopusnow
#26 Posted : Wednesday, January 11, 2012 1:18:38 PM
Rank: Chief


Joined: 3/24/2010
Posts: 6,779
Location: Black Africa
"forex charges will drop to Sh1.4 per kwh from Sh2.12, according to information on pre-paid power tokens purchased this week."

'Mr Joseph Njoroge, the managing director of Kenya Power, has also said that he expects power costs to keep dropping should the shilling strengthen further.'

guru, I am dying to know what caused this drop in forex charges. Or it to put it more simple, what has caused the shilling to strengthen against the dollar?

A simple and concise answer will suffice.

NOTE: I am asking specifically about the exchange rate and not bei ya chakula or rain filling dams.



GOD BLESS YOUR LIFE
holycow
#27 Posted : Friday, March 30, 2012 11:19:19 AM
Rank: Veteran


Joined: 11/11/2006
Posts: 972
Location: Home
Kenya's inflation slows down to 15.61% from last month's 16.69%.
maka
#28 Posted : Friday, March 30, 2012 11:39:44 AM
Rank: Elder


Joined: 4/22/2010
Posts: 11,522
Location: Nairobi
holycow wrote:
Kenya's inflation slows down to 15.61% from last month's 16.69%.

...is this the actual situation on the ground??I don't think so...
possunt quia posse videntur
maligumu
#29 Posted : Friday, March 30, 2012 11:40:09 AM
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Joined: 2/22/2010
Posts: 510
Location: De egg
These figures are for which Kenya . Bei ya maziwa up sukuma bei up .
Peace be with you
Cde Monomotapa
#30 Posted : Friday, March 30, 2012 11:42:36 AM
Rank: Chief


Joined: 1/13/2011
Posts: 5,964
guru267 wrote:
youcan'tstopusnow wrote:
Short rains hand power users Sh2bn bill relief

http://www.businessdaily...2/-/2s5uot/-/index.html


Hmmmmm.. I wonder if the retarded Ndungu and his interest rates were the cause of this decline..



@Guru SMH
holycow
#31 Posted : Friday, March 30, 2012 11:54:47 AM
Rank: Veteran


Joined: 11/11/2006
Posts: 972
Location: Home
maligumu wrote:
These figures are for which Kenya . Bei ya maziwa up sukuma bei up .


Transport index declined by 0.2% due to the “marginal reduction” of diesel prices and public transport.

Housing, Water, Electricity, Gas and other fuels index rose by 0.82% due to a rise in electricity prices – which were up 10.3%

Food prices have increased by 20.3% in March 2012, compared to March 2011, according to the National Statistics Bureau.

Food & Non-alcoholic drinks index was up 2.4%, “mainly due to rise in prices of milk, potatoes, kales tomatoes and onions”

http://af.reuters.com/article/k...ws/idAFN6E8CQ02020120330
hisah
#32 Posted : Friday, March 30, 2012 12:14:17 PM
Rank: Chief


Joined: 8/4/2010
Posts: 8,977
Never under estimate CBs manipulation powers. These guys are hell bent to force the rate below 10% come what may... Makofi for a 'good job' done. The cooking (fudging) of figures must continue to flush out guys from tbills so that money can be printed as CBR gets lowered.
Later we will see the liar (purchasing power or wage inflation - labour wars) exposed again.
A deer caught up in head lamps moment is coming soon. The leaking will start again with USDKES...
$15/barrel oil... The commodities lehman moment arrives as well as Sovereign debt volcano!
hisah
#33 Posted : Friday, March 30, 2012 12:16:43 PM
Rank: Chief


Joined: 8/4/2010
Posts: 8,977
maligumu wrote:
These figures are for which Kenya . Bei ya maziwa up sukuma bei up .

Are you saying big bro is lying smile
$15/barrel oil... The commodities lehman moment arrives as well as Sovereign debt volcano!
hisah
#34 Posted : Friday, March 30, 2012 12:20:46 PM
Rank: Chief


Joined: 8/4/2010
Posts: 8,977
And let nobody forget the treasury loan of 50 - 60 billion of forex loans by some beloved banks. As well as some chunk coming from IMF in April.
$15/barrel oil... The commodities lehman moment arrives as well as Sovereign debt volcano!
maka
#35 Posted : Friday, March 30, 2012 2:00:23 PM
Rank: Elder


Joined: 4/22/2010
Posts: 11,522
Location: Nairobi
I,l start listening to what The main man at Equity says...in one of those t.v interviews he assured that inflation figures will drop significantly in the coming months...but for real what is supporting this drop?food prices have edged higher,rains that were proffesed to start in early March by the Met department are nowhere to be seen even areas that are traditionally green all year round are dry...from the CNN weather centre there is a prediction of a severe drought in parts of the E.African region Kenya included;things might be thick going forward...
possunt quia posse videntur
holycow
#36 Posted : Wednesday, October 31, 2012 3:15:44 PM
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Joined: 11/11/2006
Posts: 972
Location: Home
Kenya inflation drops to 4.14% in October from 5.32% in September.
mlennyma
#37 Posted : Wednesday, October 31, 2012 3:32:24 PM
Rank: Elder


Joined: 7/21/2010
Posts: 6,184
Location: nairobi
Cooking?
"Don't let the fear of losing be greater than the excitement of winning."
kaifastus
#38 Posted : Wednesday, October 31, 2012 3:56:00 PM
Rank: Member


Joined: 8/17/2011
Posts: 207
Location: humu humu
hisah wrote:
Never under estimate CBs manipulation powers. These guys are hell bent to force the rate below 10% come what may... Makofi for a 'good job' done. The cooking (fudging) of figures must continue to flush out guys from tbills so that money can be printed as CBR gets lowered.
Later we will see the liar (purchasing power or wage inflation - labour wars) exposed again.
A deer caught up in head lamps moment is coming soon. The leaking will start again with USDKES...


Highly unlikely that the CBK is manipulating figures..KNBS is the custodian of govt statistics (it calculates inflation) and is independent of CBK. Shame on you i know you know that.

your other points i concur.
Cde Monomotapa
#39 Posted : Wednesday, October 31, 2012 5:34:24 PM
Rank: Chief


Joined: 1/13/2011
Posts: 5,964
Sisemi kitu smile
Cde Monomotapa
#40 Posted : Wednesday, October 31, 2012 5:39:44 PM
Rank: Chief


Joined: 1/13/2011
Posts: 5,964
Cde Monomotapa wrote:
Sisemi kitu smile

Though other than oil, most commodities we import have come off significantly & also the effect of stable rains on fresh produce must be acknowledged ;-)
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