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Elliott Wave Analysis Of The NSE 20
Rank: Elder Joined: 9/20/2015 Posts: 2,811 Location: Mombasa
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[quote=Cde Monomotapa] Kenya’s parliament to discuss a bill seeking to grant its citizens cheaper loans http://cctv-africa.com/2...citizens-cheaper-loans/
CBK boss accused of introducing Opus Dei rules in banking  http://www.capitalfm.co....s-dei-rules-in-banking/[/quote] Duale must stop demeaning Christianity. How can he refer Opus Dei a sect without conscience? We must go to twirra and fb to take him to thorough task. This is serious brethren . John 5:17 But Jesus replied, “My Father is always working, and so am I.”
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Rank: Chief Joined: 1/3/2007 Posts: 18,369 Location: Nairobi
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[quote=Cde Monomotapa] Kenya’s parliament to discuss a bill seeking to grant its citizens cheaper loans http://cctv-africa.com/2...citizens-cheaper-loans/
CBK boss accused of introducing Opus Dei rules in banking http://www.capitalfm.co....s-dei-rules-in-banking/[/quote] Duale is just trying to protect his cronies who deal in smuggling sugar, electronics and operate hawala stores. I am with Njoroge. Greedy when others are fearful. Very fearful when others are greedy - to paraphrase Warren Buffett
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Rank: Elder Joined: 6/23/2009 Posts: 14,304 Location: nairobi
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This bill will be passed and signed into law, without doubt.. The parliamentarians shall seek to win public opinion noting that this matter is critical to almost all Kenyan segments of society, from the kahoonas to the hoi poloi and even the hoi hae COOP, IMH, KEGN, KQ, MTNU
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Rank: Chief Joined: 8/4/2010 Posts: 8,977
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obiero wrote:This bill will be passed and signed into law, without doubt.. The parliamentarians shall seek to win public opinion noting that this matter is critical to almost all Kenyan segments of society, from the kahoonas to the hoi poloi and even the hoi hae That lending rate bill will light a fuse of unintended consequences. Until that cloud passes I'm not willing to touch anything in NSE. If we had derivatives, I'd be short KE banks.$15/barrel oil... The commodities lehman moment arrives as well as Sovereign debt volcano!
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Rank: Chief Joined: 1/13/2011 Posts: 5,964
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hisah wrote:obiero wrote:This bill will be passed and signed into law, without doubt.. The parliamentarians shall seek to win public opinion noting that this matter is critical to almost all Kenyan segments of society, from the kahoonas to the hoi poloi and even the hoi hae That lending rate bill will light a fuse of unintended consequences. Until that cloud passes I'm not willing to touch anything in NSE. If we had derivatives, I'd be short KE banks. Add the confluence of ICT delivery while unwinding brick & mortar. That should be expensive.
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Rank: Chief Joined: 1/3/2007 Posts: 18,369 Location: Nairobi
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hisah wrote:obiero wrote:This bill will be passed and signed into law, without doubt.. The parliamentarians shall seek to win public opinion noting that this matter is critical to almost all Kenyan segments of society, from the kahoonas to the hoi poloi and even the hoi hae That lending rate bill will light a fuse of unintended consequences. Until that cloud passes I'm not willing to touch anything in NSE. If we had derivatives, I'd be short KE banks. Tha banks will simply stop lending to anyone they deem "less than stellar" ... The beneficiary will be GoK which can mop up (cheaper) cash using T-Bills. The fees eg commitment fees will increase. The banks will start charging fees for everything under the sun. Banks like KCB and Equity will charge 'facilitation' fees similar to M-Shwari. So instead of interest, they will charge a "fee" at 2% [or more] per month. Greedy when others are fearful. Very fearful when others are greedy - to paraphrase Warren Buffett
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Rank: Elder Joined: 9/23/2010 Posts: 2,225 Location: Sundowner,Amboseli
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VituVingiSana wrote:hisah wrote:obiero wrote:This bill will be passed and signed into law, without doubt.. The parliamentarians shall seek to win public opinion noting that this matter is critical to almost all Kenyan segments of society, from the kahoonas to the hoi poloi and even the hoi hae That lending rate bill will light a fuse of unintended consequences. Until that cloud passes I'm not willing to touch anything in NSE. If we had derivatives, I'd be short KE banks. Tha banks will simply stop lending to anyone they deem "less than stellar" ... The beneficiary will be GoK which can mop up (cheaper) cash using T-Bills. The fees eg commitment fees will increase. The banks will start charging fees for everything under the sun. Banks like KCB and Equity will charge 'facilitation' fees similar to M-Shwari. So instead of interest, they will charge a "fee" at 2% [or more] per month. Mpigs just looking to fatten their wallets in the guise of helping wanjiku. This one, like the thousands before, will definately not see the light of day! @SufficientlyP
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Rank: Elder Joined: 7/21/2010 Posts: 6,194 Location: nairobi
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This is not attractive at all i dont know why ground is not shifting............... The weighted average yield on Kenya's 91-day Treasury bills fell to 8.807 percent at Thursday's auction from 9.060 percent last week, the central bank said. The bank received bids worth a total of 12.4 billion shillings ($122.35 million). It had offered to sell 4 billion shillings' worth, but accepted 9.2 billion shillings' worth of bids. "Don't let the fear of losing be greater than the excitement of winning."
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Rank: Veteran Joined: 9/18/2014 Posts: 1,127
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Sufficiently Philanga....thropic wrote:VituVingiSana wrote:hisah wrote:obiero wrote:This bill will be passed and signed into law, without doubt.. The parliamentarians shall seek to win public opinion noting that this matter is critical to almost all Kenyan segments of society, from the kahoonas to the hoi poloi and even the hoi hae That lending rate bill will light a fuse of unintended consequences. Until that cloud passes I'm not willing to touch anything in NSE. If we had derivatives, I'd be short KE banks. Tha banks will simply stop lending to anyone they deem "less than stellar" ... The beneficiary will be GoK which can mop up (cheaper) cash using T-Bills. The fees eg commitment fees will increase. The banks will start charging fees for everything under the sun. Banks like KCB and Equity will charge 'facilitation' fees similar to M-Shwari. So instead of interest, they will charge a "fee" at 2% [or more] per month. Mpigs just looking to fatten their wallets in the guise of helping wanjiku. This one, like the thousands before, will definately not see the light of day! I wouldn't underestimate the politicos resolve to see this bill through in light of their performance over the last three years. Cheap populist policy to score easy points in an election. Banks as per usual will 'lobby' hard against it but the deck might be stacked against them this time round. As if the macro factors were not bad enough this pops up. Grim horizon. The main purpose of the stock market is to make fools of as many people as possible.
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Rank: Elder Joined: 7/21/2010 Posts: 6,194 Location: nairobi
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The International Monetary Fund (IMF) has approved two-year standby credit facilities for Kenya worth about $1.5 billion, it said late on Monday. "Don't let the fear of losing be greater than the excitement of winning."
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Elliott Wave Analysis Of The NSE 20
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