Wazua
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Kenya Economy Watch
Rank: Elder Joined: 3/19/2013 Posts: 2,552
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Rank: Elder Joined: 2/26/2012 Posts: 15,980
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That was expected, twas the election season and the international wasn't helping remember? "There are only two emotions in the market, hope & fear. The problem is you hope when you should fear & fear when you should hope: - Jesse Livermore
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Rank: Elder Joined: 3/19/2013 Posts: 2,552
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murchr wrote:That was expected, twas the election season and the international wasn't helping remember? Yes it was.India was a surprise.
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Rank: Chief Joined: 5/31/2011 Posts: 5,121
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Rank: Veteran Joined: 3/26/2012 Posts: 1,182
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"No Vat on processed milk, flour and bread" the president sayeth.
Where will the monies already charged go to if we go by his word? Consolidated Fund?
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Rank: Chief Joined: 5/31/2011 Posts: 5,121
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Rank: Chief Joined: 5/31/2011 Posts: 5,121
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Chase Bank targets maize farmers with low-interest loansApart from Chase Bank, Equity and Co-operative banks have also launched the product while the Kenya Commercial Bank and K-Rep are expected to join the scheme.
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Rank: Chief Joined: 5/31/2011 Posts: 5,121
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Rank: Elder Joined: 5/21/2013 Posts: 2,841 Location: Here
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 With all that taxation on agricultural inputs? How? Life is like playing a violin solo in public and learning the instrument as one goes on.
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Rank: Chief Joined: 8/4/2010 Posts: 8,977
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Closely watching the VAT drama - http://www.businessdaily...0/-/nw4ymc/-/index.html
If inflation spikes sustain 3 months in a row I expect the market to start feeling that pressure as well as that siasa house. $15/barrel oil... The commodities lehman moment arrives as well as Sovereign debt volcano!
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Rank: Elder Joined: 2/26/2012 Posts: 15,980
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Daktari, don't believe the tale that taxation is bad...no...if we produce what we consume...the economy will grow. If we pay our taxes and these taxes go towards service delivery then we're good. I await to see if these irrigation projects take off and if our cereals board will buy the grains. "There are only two emotions in the market, hope & fear. The problem is you hope when you should fear & fear when you should hope: - Jesse Livermore
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Rank: Elder Joined: 5/21/2013 Posts: 2,841 Location: Here
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murchr wrote:Daktari, don't believe the tale that taxation is bad...no...if we produce what we consume...the economy will grow. If we pay our taxes and these taxes go towards service delivery then we're good. I await to see if these irrigation projects take off and if our cereals board will buy the grains. I do not believe taxation is bad, no sir. I'd rather we financed our expenditure using our own internally generated resources. My main worry though is that by taxing our farming inputs (be they fertilizers, seeds, livestock feeds, machinery, etc) it makes that much mo difficult, in the immediate short to medium term, for the average farmer to invest his resources to expand his production output. Ni hayo tu.  Life is like playing a violin solo in public and learning the instrument as one goes on.
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Rank: Elder Joined: 2/26/2012 Posts: 15,980
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Rankaz13 wrote:murchr wrote:Daktari, don't believe the tale that taxation is bad...no...if we produce what we consume...the economy will grow. If we pay our taxes and these taxes go towards service delivery then we're good. I await to see if these irrigation projects take off and if our cereals board will buy the grains. I do not believe taxation is bad, no sir. I'd rather we financed our expenditure using our own internally generated resources. My main worry though is that by taxing our farming inputs (be they fertilizers, seeds, livestock feeds, machinery, etc) it makes that much mo difficult, in the immediate short to medium term, for the average farmer to invest his resources to expand his production output. Ni hayo tu. Walipe alafu warudishiwe "There are only two emotions in the market, hope & fear. The problem is you hope when you should fear & fear when you should hope: - Jesse Livermore
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Rank: Elder Joined: 6/8/2013 Posts: 2,517
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what were we discussing on this thread again? Uchumi mbaya ama mzooori lete pesa On thing is for sure even during the hardest of times, the ngels must look mbutiful and men ms=ust drown their sorrows in style... halafu mnalia hapa "😖😡KQ makes money for everyone except the shareholder 😏😏 " overheard in Wazua
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Rank: Veteran Joined: 3/26/2012 Posts: 1,182
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murchr wrote:
Walipe alafu warudishiwe
Is there such plan/mechanism? How will it work? How do you identify and reach millions of farmers scattered throughout Kenya? The cost?
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Rank: Chief Joined: 5/31/2011 Posts: 5,121
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Kenya secures funds for $650 million airport expansion >>> http://www.reuters.com/article/...rt-idUSL5N0HE27G20130918
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Rank: Chief Joined: 5/31/2011 Posts: 5,121
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^ "The discovery of oil is a game changer in this country. I don't think people are sufficiently prepared for what is coming," Kamau said #Ditto
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Rank: Chief Joined: 5/31/2011 Posts: 5,121
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Rank: Elder Joined: 3/19/2010 Posts: 3,504 Location: Uganda
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Rank: Chief Joined: 5/31/2011 Posts: 5,121
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Country needs money to develop ... Tell us, what is the rate of taxation in the country you wonna run to?
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