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Law Capping interest rates
mlennyma
#281 Posted : Friday, August 12, 2016 7:57:27 PM
Rank: Elder

Joined: 7/21/2010
Posts: 6,194
Location: nairobi
enyands wrote:
@Githundi these are nice points . The man is walking on a tight rope .I'm wondering where @MaichBlack went to. Now here is my take ;

If he ascends and bows to pressure to append the signature, wanjikus will be happy for a short, but assured of votes 2017, hence prolonged presidency

Now if he choses not to do anything, he will be seen as someone who doesn't connect with wanjiku ,understand their plight ,hence it will give babuon a chemical weapon for campaign.

So option kamwana has: resend the bill back to mpigs for ammendment and also propose they look at the mou from banks and come up with a consensus.With this,2 birds will be destroyed with one bullet ,
1 The rates will come lower hence wanjiku gets happy(I don't know how lower the rates will go)

2 the banks will get their way hence not punish the economy either intentionally or unintentionally

I'm for the consensus option.i feel pain of people losing businesses because of skyrocketed rates overnight ,and I feel bad if the economy gets messed up,the ripple effect is huge.

Things to note :

I don't know why this pigs are sensitive with this bill when they are almost out of job .Joe donde tried 1 or 2 years to elections .don't know if this is a way for them to survive once 90% of them loose their jobs.

No gun holder can shoot their own foot with their own gun . Impossible and it will never happen.


i know how deeply entrenched tribalism is in this country, the president wont sign and he wont be affected politically thanks to our tribe
"Don't let the fear of losing be greater than the excitement of winning."
enyands
#282 Posted : Friday, August 12, 2016 8:01:31 PM
Rank: Elder

Joined: 12/25/2014
Posts: 2,301
Location: kenya
mlennyma wrote:
enyands wrote:
@Githundi these are nice points . The man is walking on a tight rope .I'm wondering where @MaichBlack went to. Now here is my take ;

If he ascends and bows to pressure to append the signature, wanjikus will be happy for a short, but assured of votes 2017, hence prolonged presidency

Now if he choses not to do anything, he will be seen as someone who doesn't connect with wanjiku ,understand their plight ,hence it will give babuon a chemical weapon for campaign.

So option kamwana has: resend the bill back to mpigs for ammendment and also propose they look at the mou from banks and come up with a consensus.With this,2 birds will be destroyed with one bullet ,
1 The rates will come lower hence wanjiku gets happy(I don't know how lower the rates will go)

2 the banks will get their way hence not punish the economy either intentionally or unintentionally

I'm for the consensus option.i feel pain of people losing businesses because of skyrocketed rates overnight ,and I feel bad if the economy gets messed up,the ripple effect is huge.

Things to note :

I don't know why this pigs are sensitive with this bill when they are almost out of job .Joe donde tried 1 or 2 years to elections .don't know if this is a way for them to survive once 90% of them loose their jobs.

No gun holder can shoot their own foot with their own gun . Impossible and it will never happen.


i know how deeply entrenched tribalism is in this country, the president wont sign and he wont be affected politically thanks to our tribe


Expound more ,are you from babuon or kamwana?depends on how you look at the bill
Gadaffi
#283 Posted : Friday, August 12, 2016 8:03:46 PM
Rank: Member

Joined: 2/13/2011
Posts: 284
Location: Nairobi
The CBR is variable n should the president assent to the bill, CBK can and will adjust the same upwards..
newfarer
#284 Posted : Friday, August 12, 2016 8:09:18 PM
Rank: Elder

Joined: 3/19/2010
Posts: 3,505
Location: Uganda
enyands wrote:
mlennyma wrote:
githundi wrote:
3.These wanjikus who think they will benefit from low rates will be shocked to find out they will in first instance not qualify for a loan

i can see how bitter you feel breaking your points a post after the other instead of a single script,how about earning more interest on deposits?



Laughing out loudly Laughing out loudly .that's cold mlennyma, very cold Laughing out loudly

yea I want that 7% on my few coins. They have been using my few coin to lend at 24%.it's my time to eat
punda amecheka
Boris Boyka
#285 Posted : Friday, August 12, 2016 8:10:41 PM
Rank: Veteran

Joined: 11/15/2013
Posts: 1,977
Location: Here
enyands wrote:
@Githundi these are nice points . The man is walking on a tight rope .I'm wondering where @MaichBlack went to. Now here is my take ;

If he ascends and bows to pressure to append the signature, wanjikus will be happy for a short, but assured of votes 2017, hence prolonged presidency

Now if he choses not to do anything, he will be seen as someone who doesn't connect with wanjiku ,understand their plight ,hence it will give babuon a chemical weapon for campaign.

So option kamwana has: resend the bill back to mpigs for ammendment and also propose they look at the mou from banks and come up with a consensus.With this,2 birds will be destroyed with one bullet ,
1 The rates will come lower hence wanjiku gets happy(I don't know how lower the rates will go)

2 the banks will get their way hence not punish the economy either intentionally or unintentionally

I'm for the consensus option.i feel pain of people losing businesses because of skyrocketed rates overnight ,and I feel bad if the economy gets messed up,the ripple effect is huge.

Things to note :

I don't know why this pigs are sensitive with this bill when they are almost out of job .Joe donde tried 1 or 2 years to elections .don't know if this is a way for them to survive once 90% of them loose their jobs.

No gun holder can shoot their own foot with their own gun . Impossible and it will never happen.

Possible.. Very possible. It has happened very many times.Guns and the owners.
Everybody STEALS, a THIEF is one who's CAUGHT stealing something of LITTLE VALUE. !!!
mlennyma
#286 Posted : Friday, August 12, 2016 8:16:34 PM
Rank: Elder

Joined: 7/21/2010
Posts: 6,194
Location: nairobi
enyands wrote:
mlennyma wrote:
enyands wrote:
@Githundi these are nice points . The man is walking on a tight rope .I'm wondering where @MaichBlack went to. Now here is my take ;

If he ascends and bows to pressure to append the signature, wanjikus will be happy for a short, but assured of votes 2017, hence prolonged presidency

Now if he choses not to do anything, he will be seen as someone who doesn't connect with wanjiku ,understand their plight ,hence it will give babuon a chemical weapon for campaign.

So option kamwana has: resend the bill back to mpigs for ammendment and also propose they look at the mou from banks and come up with a consensus.With this,2 birds will be destroyed with one bullet ,
1 The rates will come lower hence wanjiku gets happy(I don't know how lower the rates will go)

2 the banks will get their way hence not punish the economy either intentionally or unintentionally

I'm for the consensus option.i feel pain of people losing businesses because of skyrocketed rates overnight ,and I feel bad if the economy gets messed up,the ripple effect is huge.

Things to note :

I don't know why this pigs are sensitive with this bill when they are almost out of job .Joe donde tried 1 or 2 years to elections .don't know if this is a way for them to survive once 90% of them loose their jobs.

No gun holder can shoot their own foot with their own gun . Impossible and it will never happen.


i know how deeply entrenched tribalism is in this country, the president wont sign and he wont be affected politically thanks to our tribe


Expound more ,are you from babuon or kamwana?depends on how you look at the bill

u see serious discussions take tribal angle when we say hizi benki ni zetu wale hawana mtaji huko
"Don't let the fear of losing be greater than the excitement of winning."
githundi
#287 Posted : Friday, August 12, 2016 8:18:35 PM
Rank: Veteran

Joined: 11/19/2010
Posts: 1,308
Location: nairobi metropolitan
mlennyma wrote:
githundi wrote:
3.These wanjikus who think they will benefit from low rates will be shocked to find out they will in first instance not qualify for a loan

i can see how bitter you feel breaking your points a post after the other instead of a single script,how about earning more interest on deposits?

Simple banks reaçtion; preference for huge fixed deposits from corporate and raise operating costs for Wanjikus accounts to cover for the lost revenue...
Democracy does not belong to the dead
githundi
#288 Posted : Friday, August 12, 2016 8:21:24 PM
Rank: Veteran

Joined: 11/19/2010
Posts: 1,308
Location: nairobi metropolitan
githundi wrote:
mlennyma wrote:
githundi wrote:
3.These wanjikus who think they will benefit from low rates will be shocked to find out they will in first instance not qualify for a loan

i can see how bitter you feel breaking your points a post after the other instead of a single script,how about earning more interest on deposits?

Simple banks reaçtion; preference for huge fixed deposits from corporate and raise operating costs for Wanjikus accounts to cover for the lost revenue...

I mean, it shall be a zero sum game
Democracy does not belong to the dead
mlennyma
#289 Posted : Friday, August 12, 2016 8:22:46 PM
Rank: Elder

Joined: 7/21/2010
Posts: 6,194
Location: nairobi
githundi wrote:
mlennyma wrote:
githundi wrote:
3.These wanjikus who think they will benefit from low rates will be shocked to find out they will in first instance not qualify for a loan

i can see how bitter you feel breaking your points a post after the other instead of a single script,how about earning more interest on deposits?

Simple banks reaçtion; preference for huge fixed deposits from corporate and raise operating costs for Wanjikus accounts to cover for the lost revenue...

Safaricom is an option for wanjikus small savings if banks raise operating expenses
"Don't let the fear of losing be greater than the excitement of winning."
githundi
#290 Posted : Friday, August 12, 2016 9:04:52 PM
Rank: Veteran

Joined: 11/19/2010
Posts: 1,308
Location: nairobi metropolitan
mlennyma wrote:
githundi wrote:
mlennyma wrote:
githundi wrote:
3.These wanjikus who think they will benefit from low rates will be shocked to find out they will in first instance not qualify for a loan

i can see how bitter you feel breaking your points a post after the other instead of a single script,how about earning more interest on deposits?

Simple banks reaçtion; preference for huge fixed deposits from corporate and raise operating costs for Wanjikus accounts to cover for the lost revenue...

Safaricom is an option for wanjikus small savings if banks raise operating expenses

Yes,an option at zero interest rate. Not the 7 %..you are talking about..
Democracy does not belong to the dead
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