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Kenya Economy Watch
Musimo
#1061 Posted : Wednesday, March 09, 2016 3:53:35 PM
Rank: Member


Joined: 9/3/2015
Posts: 118
Location: Nairobi
lochaz-index wrote:
[quote=Cde Monomotapa]Look at this. Pathetic.

Migrant crisis: EU and Turkey plan one-in, one-out deal
http://www.bbc.com/news/world-europe-35749837

Fuchs: We need to deal with Syria, Libya to solve migrant crisis http://www.cnbc.com/2016...n-with-syria-libya.html[/quote]
Behold the contemporary version of 'barbarian hordes at the gates'.


The ottoman empire reloaded(or n its way to being reloaded)
I am more interested in seeing whether Russia would go for its pound of flesh after the downing of their craft, especially with turkman troops crossing the border for some more uchokozi and shelling of the YPG in syria
Cde Monomotapa
#1062 Posted : Wednesday, March 09, 2016 8:29:08 PM
Rank: Chief


Joined: 1/13/2011
Posts: 5,964
Thanks lochaz, musimo. I see Rus. by means and machine as key to geopolitical stability, setting it at neutral.

In Kenya/Africa it is my belief that better socioeconomics, trade & development shall dictate political discourse.

In the short term Kenyans prepare for a mass peace vote! NGOs can bank that one. I approve, fly JJ.
littledove
#1063 Posted : Saturday, March 26, 2016 9:23:20 AM
Rank: Veteran


Joined: 7/1/2014
Posts: 903
Location: sky
http://www.businessdailyafrica.com/World-Bank-warns-Kenya-over-rising-appetite-for-Chinese-loans/-/539552/3132704/-/wxlhb0/-/index.html
“Kenya still has a heavy debt burden and China’s loans can bring debt to unsustainable levels. Some of China’s loans are non-concessional, which can raise debt-to-gross domestic product (GDP) levels quickly,” World Bank lead economist for Kenya Apurva Sanghi and his counterpart Dylan Johnson said.

In June last year, Kenya’s total stock of debt stood at Sh2.8 trillion, accounting for 49.7 per cent of the GDP. Half of the debt load or Sh1.4 trillion was sourced from foreign markets
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
murchr
#1064 Posted : Friday, April 15, 2016 5:37:26 PM
Rank: Elder


Joined: 2/26/2012
Posts: 15,980
The average IQ of a Kenyan is 80, which ranks No 27 in the world but why do we have stupid people in the national Assembly. We have MPs who cannot differentiate the work of the CMA and CBK.

"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
.
mlennyma
#1065 Posted : Friday, April 15, 2016 6:30:16 PM
Rank: Elder


Joined: 7/21/2010
Posts: 6,183
Location: nairobi
murchr wrote:
The average IQ of a Kenyan is 80, which ranks No 27 in the world but why do we have stupid people in the national Assembly. We have MPs who cannot differentiate the work of the CMA and CBK.


thanks to corruption you can't rule out fake degrees and masters in that den...money speaks
"Don't let the fear of losing be greater than the excitement of winning."
Spikes
#1066 Posted : Friday, April 15, 2016 7:21:45 PM
Rank: Elder


Joined: 9/20/2015
Posts: 2,811
Location: Mombasa
mlennyma wrote:
murchr wrote:
The average IQ of a Kenyan is 80, which ranks No 27 in the world but why do we have stupid people in the national Assembly. We have MPs who cannot differentiate the work of the CMA and CBK.


thanks to corruption you can't rule out fake degrees and masters in that den...money speaks


Politics is a dirty game!
John 5:17 But Jesus replied, “My Father is always working, and so am I.”
enyands
#1067 Posted : Friday, April 15, 2016 8:32:01 PM
Rank: Elder


Joined: 12/25/2014
Posts: 2,300
Location: kenya
Spikes wrote:
mlennyma wrote:
murchr wrote:
The average IQ of a Kenyan is 80, which ranks No 27 in the world but why do we have stupid people in the national Assembly. We have MPs who cannot differentiate the work of the CMA and CBK.


thanks to corruption you can't rule out fake degrees and masters in that den...money speaks


Politics is a dirty game!



When asked to bring their academic credentials they run to India and come back with fake docs and the constituents clap hands and vote them in with approvals.
whiteowl
#1068 Posted : Friday, April 15, 2016 10:28:31 PM
Rank: Veteran


Joined: 4/16/2014
Posts: 1,420
Location: Bohemian Grove
murchr wrote:
The average IQ of a Kenyan is 80, which ranks No 27 in the world but why do we have stupid people in the national Assembly. We have MPs who cannot differentiate the work of the CMA and CBK.



These guys are just there to collect sitting allowance.
Thiong'o
#1069 Posted : Monday, April 18, 2016 9:15:47 AM
Rank: Member


Joined: 10/14/2011
Posts: 661
Africa's top 4 economies are in trouble

South Africa
The country is set to grow by just 0.6% this year, according to the International Monetary Fund. It's one of the slowest growing countries in one of the world's fastest growing territories.
The rand plummeted 30% last year, and not just because of an emerging market sell-off. Political turmoil has also had a big impact.

Angola
What was once one of Africa's fastest growing economies is now on its knees and asking for help from the IMF. Angola is Africa's second largest oil producer and relies on oil for 95% of government revenue.

Nigeria
Africa's largest economy is buckling under the low oil price.
Nigeria relies on oil for 70% of government revenue and accounts for 90% of export revenue.

Kenya
Kenya's economy is more resilient and diversified but there's trouble brewing in its banking sector.

http://money.cnn.com/201...kenya-angola/index.html


¿
#1070 Posted : Wednesday, April 20, 2016 1:27:10 AM
Rank: Member


Joined: 6/4/2015
Posts: 604
murchr
#1071 Posted : Wednesday, April 20, 2016 2:24:52 AM
Rank: Elder


Joined: 2/26/2012
Posts: 15,980


Wazua called this one days ago
"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
.
mlennyma
#1072 Posted : Wednesday, April 20, 2016 8:18:37 AM
Rank: Elder


Joined: 7/21/2010
Posts: 6,183
Location: nairobi

a good number of the population can't afford mall rent,although the malls wont be empty the rent will have to drastically fall to attract tenants,when will this seriously hit residentials?
"Don't let the fear of losing be greater than the excitement of winning."
Cornelius Vanderbilt
#1073 Posted : Wednesday, April 20, 2016 9:13:32 AM
Rank: Member


Joined: 8/15/2015
Posts: 817
KRA missed it's target by a whooping of 69 billion. That's jubilee's achievement
Cornelius Vanderbilt
#1074 Posted : Wednesday, April 20, 2016 9:14:43 AM
Rank: Member


Joined: 8/15/2015
Posts: 817
Thiong'o wrote:
Africa's top 4 economies are in trouble

South Africa
The country is set to grow by just 0.6% this year, according to the International Monetary Fund. It's one of the slowest growing countries in one of the world's fastest growing territories.
The rand plummeted 30% last year, and not just because of an emerging market sell-off. Political turmoil has also had a big impact.

Angola
What was once one of Africa's fastest growing economies is now on its knees and asking for help from the IMF. Angola is Africa's second largest oil producer and relies on oil for 95% of government revenue.

Nigeria
Africa's largest economy is buckling under the low oil price.
Nigeria relies on oil for 70% of government revenue and accounts for 90% of export revenue.

Kenya
Kenya's economy is more resilient and diversified but there's trouble brewing in its banking sector.

http://money.cnn.com/201...kenya-angola/index.html





what is angola doing there ?
mlennyma
#1075 Posted : Wednesday, April 20, 2016 9:52:12 AM
Rank: Elder


Joined: 7/21/2010
Posts: 6,183
Location: nairobi
Cornelius Vanderbilt wrote:
KRA missed it's target by a whooping of 69 billion. That's jubilee's achievement

jubilee will still get more 5 yrs of destruction thanks to the tribe.
"Don't let the fear of losing be greater than the excitement of winning."
lochaz-index
#1076 Posted : Monday, May 09, 2016 1:41:12 PM
Rank: Veteran


Joined: 9/18/2014
Posts: 1,127
Mckinsey on growth of African economies. Nowadays they are all over the place.

About one-fifth of Africa’s GDP comes from a set of countries we call growth stars, with high rates of growth and a high score on stability. These countries, among them Côte d’Ivoire, Ethiopia, Kenya, Morocco and Rwanda, are not dependent on resources for growth, are actively reforming their economies, and are increasing competitiveness. A second set of countries, the unstable growers, which account for 43% of Africa’s GDP, have experienced high growth rates over the past five years but lower scores on stability. This group includes countries such as Angola, the Democratic Republic of Congo, Nigeria and Zambia, all of which have clear potential but need to diversify their economies away from resources, to improve their security, or stabilize their macro-economies. Finally, there are the slow growers that accounted for 38% of GDP in 2015; this group includes South Africa, Madagascar and the three major North African countries involved in the Arab Spring - Egypt, Libya and Tunisia.

http://ewn.co.za/2016/05...p-for-African-economies
The main purpose of the stock market is to make fools of as many people as possible.
The Great
#1077 Posted : Monday, May 09, 2016 6:30:22 PM
Rank: Member


Joined: 9/9/2015
Posts: 233
mlennyma wrote:
Cornelius Vanderbilt wrote:
KRA missed it's target by a whooping of 69 billion. That's jubilee's achievement

jubilee will still get more 5 yrs of destruction thanks to the tribe.

Applause Applause
Lets vote the duo in so that they can do themselves in with their land grabbing and condom dispensers at a time when we expect a correction in the main markets. After that, even the uneducated village drunk will vote based on merit.
"Buy when there's blood in the streets, even if the blood is your own."
mlennyma
#1078 Posted : Monday, May 09, 2016 7:22:37 PM
Rank: Elder


Joined: 7/21/2010
Posts: 6,183
Location: nairobi
The Great wrote:
mlennyma wrote:
Cornelius Vanderbilt wrote:
KRA missed it's target by a whooping of 69 billion. That's jubilee's achievement

jubilee will still get more 5 yrs of destruction thanks to the tribe.

Applause Applause
Lets vote the duo in so that they can do themselves in with their land grabbing and condom dispensers at a time when we expect a correction in the main markets. After that, even the uneducated village drunk will vote based on merit.

I don't expect anything from the nse before elections infact the camel's back might break way before erections if the current events are a gauge
"Don't let the fear of losing be greater than the excitement of winning."
TheGeek
#1079 Posted : Monday, May 09, 2016 9:03:27 PM
Rank: Member


Joined: 7/3/2014
Posts: 245
KRA plans to feed the M-Pesa transactions into its Data
Warehouse and Business Intelligence (DWBI) solution that is
expected become operational in September to profile financial
activities of millions of M-Pesa users and suggest their income
levels.
The taxman’s critics, however, say the legal machinery required to
set the new initiatives rolling, including constitutional amendment,
will be too huge to bear.

www.businessdailyafrica....8/-/bovukwz/-/index.html
In the world of securities, courage and patience become the supreme virtues after adequate knowledge and a tested judgment are at hand.
mlennyma
#1080 Posted : Thursday, May 12, 2016 10:18:41 AM
Rank: Elder


Joined: 7/21/2010
Posts: 6,183
Location: nairobi
http://af.reuters.com/ar.../kenyaNews/idAFL5N188623
"Don't let the fear of losing be greater than the excitement of winning."
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