wazua Mon, Jan 13, 2025
Welcome Guest Search | Active Topics | Log In | Register

131 Pages«<5455565758>»
Kenya Economy Watch
murchr
#1101 Posted : Tuesday, May 31, 2016 7:19:22 PM
Rank: Elder


Joined: 2/26/2012
Posts: 15,980
"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
.
enyands
#1102 Posted : Tuesday, May 31, 2016 8:05:08 PM
Rank: Elder


Joined: 12/25/2014
Posts: 2,300
Location: kenya
murchr wrote:



This is the right guy for the job. People say I overate him but him and this other guy called matiangi or something are one of the few people I can say are pouring their hearts out to change our lives.thumbs opus dei
Othelo
#1103 Posted : Tuesday, May 31, 2016 8:07:33 PM
Rank: User


Joined: 1/20/2014
Posts: 3,528
enyands wrote:
murchr wrote:



This is the right guy for the job. People say I overate him but him and this other guy called matiangi or something are one of the few people I can say are pouring their hearts out to change our lives.thumbs opus dei

The CCK/CAK Wagusi is also very good/tuff
Formal education will make you a living. Self-education will make you a fortune - Jim Rohn.
whiteowl
#1104 Posted : Tuesday, May 31, 2016 10:47:14 PM
Rank: Veteran


Joined: 4/16/2014
Posts: 1,420
Location: Bohemian Grove
faa wrote:
Who cares whether Kenyan Economy grows or not, well its good if it grows,but ultimately whats important to an individual kenyan is how much wealth/money he/she is making for himself/herself.




Isn't the Kenyan economic growth the average sum total of individual growth Kenyans and their industries?
Ericsson
#1105 Posted : Wednesday, June 01, 2016 12:38:39 PM
Rank: Elder


Joined: 12/4/2009
Posts: 10,702
Location: NAIROBI
GOK needs to be increasing the budget of TSC at the rate of for example ksh.5bn to employ additional teachers.The situation in public schools is a pity right from primary to secondary schools.Overcrowded classrooms and few teachers.
A similar amount can be done to develop the infrastructure in terms of boarding facilities and classrooms.
For the universities more money for building infrastructure and employing additional lecturers.
The young ones in primary,secondary and university are the leaders of tomorrow and as a country we need to develop them adequately.

Otherwise this country has no future
Wealth is built through a relatively simple equation
Wealth=Income + Investments - Lifestyle
enyands
#1106 Posted : Wednesday, June 01, 2016 3:45:35 PM
Rank: Elder


Joined: 12/25/2014
Posts: 2,300
Location: kenya
Ericsson wrote:
GOK needs to be increasing the budget of TSC at the rate of for example ksh.5bn to employ additional teachers.The situation in public schools is a pity right from primary to secondary schools.Overcrowded classrooms and few teachers.
A similar amount can be done to develop the infrastructure in terms of boarding facilities and classrooms.
For the universities more money for building infrastructure and employing additional lecturers.
The young ones in primary,secondary and university are the leaders of tomorrow and as a country we need to develop them adequately.

Otherwise this country has no future


Policy makers have their sons and daughters studying at banda, breaburn,brookside and UK TO Usa. Then they come to tell you we have the best school like kapchorwa primary school is one of the best school in the world, would you believe him?
Ericsson
#1107 Posted : Friday, June 03, 2016 9:34:01 AM
Rank: Elder


Joined: 12/4/2009
Posts: 10,702
Location: NAIROBI
The cost of building the western bypass at 16.5km is equal to the southern bypass which was much longer and had more interchanges.
smh
Wealth is built through a relatively simple equation
Wealth=Income + Investments - Lifestyle
kawi254
#1108 Posted : Friday, June 03, 2016 11:07:53 AM
Rank: Member


Joined: 2/20/2015
Posts: 467
Location: Nairobi
Ericsson wrote:
The cost of building the western bypass at 16.5km is equal to the southern bypass which was much longer and had more interchanges.
smh


Cost per Km is greater than 1 Billion KES. Very expensive these roads we are building in Kenya. All the bypasses have been single sourced to China Road and Bridge Construction who are also doing SGR.
mkate_nusu
#1109 Posted : Friday, June 03, 2016 11:44:38 AM
Rank: Member


Joined: 5/30/2016
Posts: 332
Location: Kayole
kawi254 wrote:
Ericsson wrote:
The cost of building the western bypass at 16.5km is equal to the southern bypass which was much longer and had more interchanges.
smh


Cost per Km is greater than 1 Billion KES. Very expensive these roads we are building in Kenya. All the bypasses have been single sourced to China Road and Bridge Construction who are also doing SGR.


As usual tenderpreneurs need to enjoy their cut. The cost of building 1 km of highway of the German Autobahn which is done so well that virtually no speed limits exist is an equivalent of 800 million shillings per KM.
I thought the foreign trips financed by hard working taxpayers to france and germany the other day was to secure good deals for the country?

Source: Wikipedia
KEGN, KPLC, KQ, SCOM
hisah
#1110 Posted : Sunday, June 05, 2016 11:48:31 PM
Rank: Chief


Joined: 8/4/2010
Posts: 8,977
Kerosene tax increase looms

The national budget will definitely be full of curve balls. No wonder the equity market has been huffing and puffing to nowhere! The path of least resistance is downwards.
$15/barrel oil... The commodities lehman moment arrives as well as Sovereign debt volcano!
enyands
#1111 Posted : Monday, June 06, 2016 3:28:48 AM
Rank: Elder


Joined: 12/25/2014
Posts: 2,300
Location: kenya
hisah wrote:
Kerosene tax increase looms

The national budget will definitely be full of curve balls. No wonder the equity market has been huffing and puffing to nowhere! The path of least resistance is downwards.



After reading the paper the mpigs said that they want to get rid of kerosene since there is adultaration or something . Jeez .what weed are these people smoking . What alternative have they offered for people to use alternative ways of cooking or lighting ? Then punish them with tax hike ? We will keep losing our national influence on the EAC if not careful.

Well if you want the poor to stop using kerosene then ban it and make it be like ivory not punishing them with an excuse that there is adulteration? Its not our fault that the oil dealers are ripping us off.this just an excuse for raising money from the majority who are poor .this ain't feeling right
Ericsson
#1112 Posted : Monday, June 06, 2016 9:14:38 AM
Rank: Elder


Joined: 12/4/2009
Posts: 10,702
Location: NAIROBI
This being a budget for elections I don't see that proposal sailing through.
Gava should now focus on reducing expenditure,putting a lid on budget growth and let ordinary revenues start bridging the gap.
Kenya is spending half of what KRA collects to repay debt.
Wealth is built through a relatively simple equation
Wealth=Income + Investments - Lifestyle
Ericsson
#1113 Posted : Monday, June 06, 2016 9:23:00 AM
Rank: Elder


Joined: 12/4/2009
Posts: 10,702
Location: NAIROBI
Kenya is about to get a ‘‘third-rate railway for the cost of a very expensive one,’’ according to a report in the Economist magazine on the new Nairobi to Mombasa rail line.
Questions also remain, according to the London-based magazine, on how the railway will be paid for and who exactly is going to run it.

The new track is costing Kenya about $4 billion (Sh404 billion), mostly funded by a loan from the Chinese ExIm bank, and construction is due to be completed next year.

But the report says that “although only a year remains before completion, not only are tariffs and rates undecided, but it is not even clear who will run the railway.

Kenyan officials have apparently taken to skipping trade conferences of late to avoid answering questions.

“Could this be because the new railway is a dud investment? Its fastest trains will do a fairly mediocre 80kph. Much as with the old railway, parts of the new line will be single-track, forcing trains to stop, often for hours, to let others pass. Most absurdly, it is built to a lower standard of load-bearing than most other new freight railways.”

The Economist also quotes consultants, including Pierre Pozzo di Borgo of the International Finance Corporation wing of the World Bank, who says that rehabilitating the older line might have cost just five per cent as much as building a new one.

Transport experts have also questioned whether it will be possible to load four full containers onto each wagon, as is done on other new lines.

The magazine notes that “repaying the loans taken out to build the line will require hefty fees or huge volumes of traffic.”

It notes however that truckers—who now handle more than 95 per cent of the freight moved from Mombasa port—“will compete fiercely on price, and shipping companies may look for other ports if levies rise.”

Problem of having consultancy,feasibility studies,design,implementation and operation by the Chinese.It's never for our benefit but for their own agenda.
No wonder Uganda has refused to sign the SGR agreement with EXIM bank of China.
Wealth is built through a relatively simple equation
Wealth=Income + Investments - Lifestyle
Plimsoul
#1114 Posted : Monday, June 06, 2016 9:37:35 AM
Rank: Member


Joined: 3/3/2016
Posts: 132
Ericsson wrote:
Kenya is about to get a ‘‘third-rate railway for the cost of a very expensive one,’’ according to a report in the Economist magazine on the new Nairobi to Mombasa rail line.
Questions also remain, according to the London-based magazine, on how the railway will be paid for and who exactly is going to run it.

The new track is costing Kenya about $4 billion (Sh404 billion), mostly funded by a loan from the Chinese ExIm bank, and construction is due to be completed next year.

But the report says that “although only a year remains before completion, not only are tariffs and rates undecided, but it is not even clear who will run the railway.

Kenyan officials have apparently taken to skipping trade conferences of late to avoid answering questions.

“Could this be because the new railway is a dud investment? Its fastest trains will do a fairly mediocre 80kph. Much as with the old railway, parts of the new line will be single-track, forcing trains to stop, often for hours, to let others pass. Most absurdly, it is built to a lower standard of load-bearing than most other new freight railways.”

The Economist also quotes consultants, including Pierre Pozzo di Borgo of the International Finance Corporation wing of the World Bank, who says that rehabilitating the older line might have cost just five per cent as much as building a new one.

Transport experts have also questioned whether it will be possible to load four full containers onto each wagon, as is done on other new lines.

The magazine notes that “repaying the loans taken out to build the line will require hefty fees or huge volumes of traffic.”

It notes however that truckers—who now handle more than 95 per cent of the freight moved from Mombasa port—“will compete fiercely on price, and shipping companies may look for other ports if levies rise.”

Problem of having consultancy,feasibility studies,design,implementation and operation by the Chinese.It's never for our benefit but for their own agenda.
No wonder Uganda has refused to sign the SGR agreement with EXIM bank of China.


The Economist has no chills. I hope one day Kenyan media will get to that level.

I hope the govt has some intel it is not sharing. Spending $4b to lay a parallel railway for no clear commensurate benefit seems insane. Unless it will be used to transport military equipment or some sensitive national security purpose that they can't divulge in public.
mlennyma
#1115 Posted : Monday, June 06, 2016 9:59:24 AM
Rank: Elder


Joined: 7/21/2010
Posts: 6,183
Location: nairobi
Ericsson wrote:
Kenya is about to get a ‘‘third-rate railway for the cost of a very expensive one,’’ according to a report in the Economist magazine on the new Nairobi to Mombasa rail line.
Questions also remain, according to the London-based magazine, on how the railway will be paid for and who exactly is going to run it.

The new track is costing Kenya about $4 billion (Sh404 billion), mostly funded by a loan from the Chinese ExIm bank, and construction is due to be completed next year.

But the report says that “although only a year remains before completion, not only are tariffs and rates undecided, but it is not even clear who will run the railway.

Kenyan officials have apparently taken to skipping trade conferences of late to avoid answering questions.

“Could this be because the new railway is a dud investment? Its fastest trains will do a fairly mediocre 80kph. Much as with the old railway, parts of the new line will be single-track, forcing trains to stop, often for hours, to let others pass. Most absurdly, it is built to a lower standard of load-bearing than most other new freight railways.”

The Economist also quotes consultants, including Pierre Pozzo di Borgo of the International Finance Corporation wing of the World Bank, who says that rehabilitating the older line might have cost just five per cent as much as building a new one.

Transport experts have also questioned whether it will be possible to load four full containers onto each wagon, as is done on other new lines.

The magazine notes that “repaying the loans taken out to build the line will require hefty fees or huge volumes of traffic.”

It notes however that truckers—who now handle more than 95 per cent of the freight moved from Mombasa port—“will compete fiercely on price, and shipping companies may look for other ports if levies rise.”

Problem of having consultancy,feasibility studies,design,implementation and operation by the Chinese.It's never for our benefit but for their own agenda.
No wonder Uganda has refused to sign the SGR agreement with EXIM bank of China.

the mess by jubilee will be felt in the next 5-10 yrs but tribalists will still succeed to drag their pple to the grave in the name of our tribes.if violence happens the repayment of this loans will see kenya a failed nation.
"Don't let the fear of losing be greater than the excitement of winning."
Ericsson
#1116 Posted : Monday, June 06, 2016 10:53:55 AM
Rank: Elder


Joined: 12/4/2009
Posts: 10,702
Location: NAIROBI
Kenya headed for a credit downgrade by S&P.
Wealth is built through a relatively simple equation
Wealth=Income + Investments - Lifestyle
Ericsson
#1117 Posted : Monday, June 06, 2016 11:01:34 AM
Rank: Elder


Joined: 12/4/2009
Posts: 10,702
Location: NAIROBI
This country will miss the visionary leadership of one Stanley Emilio Mwai Kibaki.
These clowns have taken kenya to the path of economic downturn.
Even if tribalist look for their own to be the president give us a wise and visionary person.
Wealth is built through a relatively simple equation
Wealth=Income + Investments - Lifestyle
enyands
#1118 Posted : Monday, June 06, 2016 2:34:32 PM
Rank: Elder


Joined: 12/25/2014
Posts: 2,300
Location: kenya
mlennyma wrote:
Ericsson wrote:
Kenya is about to get a ‘‘third-rate railway for the cost of a very expensive one,’’ according to a report in the Economist magazine on the new Nairobi to Mombasa rail line.
Questions also remain, according to the London-based magazine, on how the railway will be paid for and who exactly is going to run it.

The new track is costing Kenya about $4 billion (Sh404 billion), mostly funded by a loan from the Chinese ExIm bank, and construction is due to be completed next year.

But the report says that “although only a year remains before completion, not only are tariffs and rates undecided, but it is not even clear who will run the railway.

Kenyan officials have apparently taken to skipping trade conferences of late to avoid answering questions.

“Could this be because the new railway is a dud investment? Its fastest trains will do a fairly mediocre 80kph. Much as with the old railway, parts of the new line will be single-track, forcing trains to stop, often for hours, to let others pass. Most absurdly, it is built to a lower standard of load-bearing than most other new freight railways.”

The Economist also quotes consultants, including Pierre Pozzo di Borgo of the International Finance Corporation wing of the World Bank, who says that rehabilitating the older line might have cost just five per cent as much as building a new one.

Transport experts have also questioned whether it will be possible to load four full containers onto each wagon, as is done on other new lines.

The magazine notes that “repaying the loans taken out to build the line will require hefty fees or huge volumes of traffic.”

It notes however that truckers—who now handle more than 95 per cent of the freight moved from Mombasa port—“will compete fiercely on price, and shipping companies may look for other ports if levies rise.”

Problem of having consultancy,feasibility studies,design,implementation and operation by the Chinese.It's never for our benefit but for their own agenda.
No wonder Uganda has refused to sign the SGR agreement with EXIM bank of China.

the mess by jubilee will be felt in the next 5-10 yrs but tribalists will still succeed to drag their pple to the grave in the name of our tribes.if violence happens the repayment of this loans will see kenya a failed nation.



Was talking to a friend from Zimbabwe and south Africa. They told me they call Chinese "ants" ,they eat everything and when done they leave nothing but a shell only. Guys are busy to fulfill their ambition at cost of future generation. Want to know how this deal will play out now that Uganda and Rwanda is out. It would have made sense if these two countries would have been involved with expenses right from start and binding contract. Now they jumped off the wagon when they realised there is no legal bindings. What a short sightedness from our side?
wukan
#1119 Posted : Monday, June 06, 2016 3:34:46 PM
Rank: Veteran


Joined: 11/13/2015
Posts: 1,596
Ericsson wrote:



Problem of having consultancy,feasibility studies,design,implementation and operation by the Chinese.It's never for our benefit but for their own agenda.
No wonder Uganda has refused to sign the SGR agreement with EXIM bank of China.


I agree with you SGR is for the benefit for the chinese agenda which is really opening up eastern DRC. If you look at the presentation done to Uhuru last month. The line will snake its way through uganda all the way to Katanga province in Eastern DRC and will eventually join with the 1344 km line china is building from the Lobito port in Angola. If that happens you have an inland corridor joining the Atlantic and Indian ocean and SA's durban will be the loser. of course kenya benefits from the chinese maritime silk road strategy. Get with the programsmile smile smile
mlennyma
#1120 Posted : Monday, June 06, 2016 4:10:48 PM
Rank: Elder


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



Problem of having consultancy,feasibility studies,design,implementation and operation by the Chinese.It's never for our benefit but for their own agenda.
No wonder Uganda has refused to sign the SGR agreement with EXIM bank of China.


I agree with you SGR is for the benefit for the chinese agenda which is really opening up eastern DRC. If you look at the presentation done to Uhuru last month. The line will snake its way through uganda all the way to Katanga province in Eastern DRC and will eventually join with the 1344 km line china is building from the Lobito port in Angola. If that happens you have an inland corridor joining the Atlantic and Indian ocean and SA's durban will be the loser. of course kenya benefits from the chinese maritime silk road strategy. Get with the programsmile smile smile

i think what the sgr has consumed is enough to fix almost all remaining kenyan road projects plus a dual msa to nairobi highway which could be better in terms of death reduction through accidents and time instead of this sgr which must operate on controlled timelines to avoid trains meeting in no junction areas
"Don't let the fear of losing be greater than the excitement of winning."
Users browsing this topic
Guest (6)
131 Pages«<5455565758>»
Forum Jump  
You cannot post new topics in this forum.
You cannot reply to topics in this forum.
You cannot delete your posts in this forum.
You cannot edit your posts in this forum.
You cannot create polls in this forum.
You cannot vote in polls in this forum.

Copyright © 2025 Wazua.co.ke. All Rights Reserved.