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Kenya Economy Watch
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#1021 Posted : Tuesday, December 15, 2015 7:11:04 AM
Rank: Elder


Joined: 9/20/2015
Posts: 2,811
Location: Mombasa
Massive borrowing! How? I am not convinced . By January we shall be @the second phase of fiscal year. Justify your claim.
John 5:17 But Jesus replied, “My Father is always working, and so am I.”
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Spikes
#1022 Posted : Tuesday, December 15, 2015 7:12:26 AM
Rank: Elder


Joined: 9/20/2015
Posts: 2,811
Location: Mombasa
Shame on you Don't spoil market mood.
John 5:17 But Jesus replied, “My Father is always working, and so am I.”
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Cde Monomotapa
#1023 Posted : Tuesday, December 15, 2015 7:42:46 AM
Rank: Chief


Joined: 1/13/2011
Posts: 5,964
Ericsson wrote:
@CdeMonomotapa
Hiyo ni hot air;the biggest culprit for rising interest rates is GOK.
January there will be massive borrowing so expect interest rates to go up


Let's see what & how much fiscal consolidation the CS will present in the supplementary budget. Probably cosmetic.

I support capex spending and it might require borrowing, the problem is recurrent expenditure.

What the country requires is cutting over-governance and the structural inflation of the Constitution. The Governor in my bunduz lives in a another county!
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littledove
#1024 Posted : Tuesday, December 15, 2015 1:28:40 PM
Rank: Veteran


Joined: 7/1/2014
Posts: 926
Location: sky


http://www.the-star.co.ke/news/2015/12/15/shut-down-failed-parastatals-now_c1260957

The Mohamed-Awuondo task force reported that the parastatal sector employs 111,690 workers on an annual wage bill of Sh131 billion, with the National Treasury paying 46 per cent of this.
Ninety-six of these parastatals employed 55,600 on a wage bill of Sh60 billion, but only generated an output of Sh22 billion annually.
There are only two emotions in the stock market, fear and hope. The problem is, you hope when you should fear and fear when you should hope
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Ericsson
#1025 Posted : Tuesday, December 29, 2015 2:53:54 PM
Rank: Elder


Joined: 12/4/2009
Posts: 10,790
Location: NAIROBI
Civil servants salary dates moved from December 21 to 28/29 to now Jan 5th.
Wealth is built through a relatively simple equation
Wealth=Income + Investments - Lifestyle
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Othelo
#1026 Posted : Tuesday, December 29, 2015 3:03:15 PM
Rank: User


Joined: 1/20/2014
Posts: 3,528
Ericsson wrote:
Civil servants salary dates moved from December 21 to 28/29 to now Jan 5th.

Watu wanaona moto smile
Formal education will make you a living. Self-education will make you a fortune - Jim Rohn.
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streetwise
#1027 Posted : Tuesday, December 29, 2015 3:39:13 PM
Rank: Veteran


Joined: 6/23/2011
Posts: 1,740
Location: Nairobi
They should borrow from EABL . I am told there is once in a time a government that used to do that.

Sema history repeat itself
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KulaRaha
#1028 Posted : Tuesday, December 29, 2015 3:47:58 PM
Rank: Elder


Joined: 7/26/2007
Posts: 6,514
Most civil servants in Kenya are leeches, so let them starve.
Business opportunities are like buses,there's always another one coming
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Cde Monomotapa
#1029 Posted : Tuesday, December 29, 2015 3:57:26 PM
Rank: Chief


Joined: 1/13/2011
Posts: 5,964
Othelo wrote:
Ericsson wrote:
Civil servants salary dates moved from December 21 to 28/29 to now Jan 5th.

Watu wanaona moto smile


Oh yes. The retirement home of a Senate should be probing green plates! Tule siasa duni.

MCAs defy austerity measures as sitting allowances rise 23pc www.businessdailyafrica....16/-/u6a92u/-/index.html
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Cde Monomotapa
#1030 Posted : Tuesday, December 29, 2015 4:37:18 PM
Rank: Chief


Joined: 1/13/2011
Posts: 5,964
Indeed. Tunakoelekea...

Kenya’s economic
diplomacy is doing
well www.nation.co.ke/oped/Op...76/-/j9vv05/-/index.html
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whiteowl
#1031 Posted : Wednesday, December 30, 2015 10:07:03 PM
Rank: Veteran


Joined: 4/16/2014
Posts: 1,420
Location: Bohemian Grove
KCB's CEO is so bullish on the Kenyan economy on Citizen tv. Has he been drinking with AKS?
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enyands
#1032 Posted : Thursday, December 31, 2015 10:32:10 AM
Rank: Elder


Joined: 12/25/2014
Posts: 2,301
Location: kenya
whiteowl wrote:
KCB's CEO is so bullish on the Kenyan economy on Citizen tv. Has he been drinking with AKS?


What's AKS whiteowl
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Pesa Nane
#1033 Posted : Thursday, December 31, 2015 10:59:54 AM
Rank: Elder


Joined: 5/25/2012
Posts: 4,105
Location: 08c
enyands wrote:
whiteowl wrote:
KCB's CEO is so bullish on the Kenyan economy on Citizen tv. Has he been drinking with AKS?


What's AKS whiteowl

Google Ary Kan SaChu *
Pesa Nane plans to be shilingi when he grows up.
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obiero
#1034 Posted : Thursday, December 31, 2015 11:07:16 AM
Rank: Elder


Joined: 6/23/2009
Posts: 13,898
Location: nairobi
Pesa Nane wrote:
enyands wrote:
whiteowl wrote:
KCB's CEO is so bullish on the Kenyan economy on Citizen tv. Has he been drinking with AKS?


What's AKS whiteowl

Google Ary Kan SaChu *

Plus Bob and me

COOP ABP 15.85; IMH ABP 35.55; KQ ABP 5.75; MTN ABP 5.20
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kryptonite
#1035 Posted : Thursday, December 31, 2015 11:49:48 AM
Rank: Member


Joined: 2/1/2010
Posts: 272
Location: Nairobi
whiteowl wrote:
KCB's CEO is so bullish on the Kenyan economy on Citizen tv. Has he been drinking with AKS?


They are best buds
The harder you work, the luckier you get
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Ericsson
#1036 Posted : Thursday, December 31, 2015 8:41:16 PM
Rank: Elder


Joined: 12/4/2009
Posts: 10,790
Location: NAIROBI
Poverty line level needs to be adjusted from what we are told of $1 per day to $2 per day.What can a $ do for you if u include rent, transport, food.
minimum pay in urban areas was adjusted to about ksh.6000 a month.
Wealth is built through a relatively simple equation
Wealth=Income + Investments - Lifestyle
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Ericsson
#1037 Posted : Thursday, December 31, 2015 8:45:50 PM
Rank: Elder


Joined: 12/4/2009
Posts: 10,790
Location: NAIROBI
Then we compute the percentage of people below that level and use it as a basis of development in the country to reduce the number
Wealth is built through a relatively simple equation
Wealth=Income + Investments - Lifestyle
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whiteowl
#1038 Posted : Friday, January 01, 2016 8:48:10 AM
Rank: Veteran


Joined: 4/16/2014
Posts: 1,420
Location: Bohemian Grove
kryptonite wrote:
whiteowl wrote:
KCB's CEO is so bullish on the Kenyan economy on Citizen tv. Has he been drinking with AKS?


They are best buds


That explains it.Birds of a feather smile
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Boris Boyka
#1039 Posted : Friday, January 01, 2016 10:04:25 AM
Rank: Veteran


Joined: 11/15/2013
Posts: 1,977
Location: Here
Ericsson wrote:
Then we compute the percentage of people below that level and use it as a basis of development in the country to reduce the number

Okay. To digress, couldn't you have combined the two posts? You like posting several related posts in bits which can be combined.... Or you're increasing your numbers and rank to match the year 2009 smile
Everybody STEALS, a THIEF is one who's CAUGHT stealing something of LITTLE VALUE. !!!
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Boris Boyka
#1040 Posted : Friday, January 01, 2016 10:08:59 AM
Rank: Veteran


Joined: 11/15/2013
Posts: 1,977
Location: Here
obiero wrote:
Pesa Nane wrote:
enyands wrote:
whiteowl wrote:
KCB's CEO is so bullish on the Kenyan economy on Citizen tv. Has he been drinking with AKS?


What's AKS whiteowl

Google Ary Kan SaChu *

Plus Bob and me

Wealth Declaration team. They're selling news because Kenyans like @Realtreaty are optimistic.
Everybody STEALS, a THIEF is one who's CAUGHT stealing something of LITTLE VALUE. !!!
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