@Hisah insights ?

Effects of optimism from the recent CBK MPC meeting ...

Strained climb? Meaning a slump is on the way [welcomed btw] or will it hold on for a while considering consumer spending season is just around the corner (with VAT changes in mind of course)?

Dangote Cement and a textile milling plant is on the pipeline in Kitui. Dangote says work starts immediately.

http://www.reuters.com/a...nt-idUSBRE98607020130907

@Kausha

Net foreign inflow in the month of August was KES 10,108 M

• NMG; 6,081
• KCB; 1,091
• Equity Bank; 1,012
• EABL; 977
• Safaricom; 650
• Others; 296
• Total; 10,108

... so even by striping the NMG inflow, net foreign inflow was KES 4,027 M

I see you have left out the huge BAT trade....very selective I suppose.

From the interview that Dangote had with the local press, he clearly said that he is not going to be importing anything including clinker everything will be locally sourced apart from the machinery ofcourse...source Capital FM TV. And yes we do import cement alot of it infact the East African Cement Producers Association were complaining about the issue a while back. Why do you think the price of a bag has shot so high? Demand iko tena mingi sana ..Do a google search and you shall get that from the news.

You know..the issue is not about how much Kenya can take in but how much Africa and in this case East Africa, can take in and anyway why cant we export? I know you have refused to think beyond what we can consume now (remember we argued about the power we need a while back KEN vs KPLC when KENG was 7/- and KPLC 14/- time did prove me right ha!) But you need to just leave that dark continent to know that we indeed are in the dark ages.

On textile. I dont understand why you get all personal when arguing out facts, anyway...to say that the mitumba industry dint kill the local textile industry is to be blind beyond words. Ati I sound like Ktirubi...well may be...you talk about value for money in mitumba, why cant we have value in what we make? Are we such dunderheads that we cant get designers who can make something that can be appreciated by us and the rest of the world? Cant we make a garment that would last? The jobs that can be created right from the production of cotton to he selling of whatever cloth cannot be ignored.

On AGOA...the last time I checked it was an African thing..I dint know that the hand was extended to Indians anyway, am not so much interested in AGOA. If and when the Americans decide to do away with the policy and take those jobs back home then that goes away. As its happening now in IT..so many jobs are going back to America look at how the Rupee is crumbling. Africa needs to start trading with itself if it wants to do away with poverty. There's no value in that Mutumba underwear that was "Donated" and ended up being sold to you at 50/-. Start looking at the bigger picture.