Wazua
»
Investor
»
Economy
»
Law Capping interest rates
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."
|
|
|
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
|
|
|
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..
|
|
|
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?  .that's cold mlennyma, very cold 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
|
|
|
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. !!!
|
|
|
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."
|
|
|
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
|
|
|
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
|
|
|
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."
|
|
|
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
|
|
|
Wazua
»
Investor
»
Economy
»
Law Capping interest rates
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.
|