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Law Capping interest rates
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FRM2011
#951 Posted : Wednesday, September 07, 2016 8:44:15 AM
Rank: Elder

Joined: 11/5/2010
Posts: 2,459
KulaRaha wrote:
Njoroge is starting to look very weak.....ineffective, unrealistic and stuck in analysis paralysis.

One term Governor at best.


And yet the banksters tremble in fear whenever his name is mentioned.
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obiero
#952 Posted : Wednesday, September 07, 2016 8:58:41 AM
Rank: Elder

Joined: 6/23/2009
Posts: 14,476
Location: nairobi
FRM2011 wrote:
KulaRaha wrote:
Njoroge is starting to look very weak.....ineffective, unrealistic and stuck in analysis paralysis.

One term Governor at best.


And yet the banksters tremble in fear whenever his name is mentioned.

It's his boss who did that to him.. Njoroge by himself is a God-send
COOP 306,100 ABP 31.96, KEGN 112,100 ABP 10.64, MTNU 131,000 ABP 10.21
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Internet
#953 Posted : Wednesday, September 07, 2016 9:14:52 AM
Rank: New-farer

Joined: 12/16/2009
Posts: 33
Will banks now pay 7.35% interest on savings accounts?
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streetwise
#954 Posted : Wednesday, September 07, 2016 12:20:20 PM
Rank: Veteran

Joined: 6/23/2011
Posts: 1,740
Location: Nairobi
Why is CBK so silent, kwani what rate were they using before ?.
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Ericsson
#955 Posted : Wednesday, September 07, 2016 12:51:57 PM
Rank: Elder

Joined: 12/4/2009
Posts: 10,836
Location: NAIROBI
@Streetwise
CBK wasn't for it and the governor when asked for comments he said he had nothing to say
Wealth is built through a relatively simple equation
Wealth=Income + Investments - Lifestyle
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KulaRaha
#956 Posted : Wednesday, September 07, 2016 12:58:00 PM
Rank: Elder

Joined: 7/26/2007
Posts: 6,514
Ericsson wrote:
@Streetwise
CBK wasn't for it and the governor when asked for comments he said he had nothing to say


Abdicating his duty.
Business opportunities are like buses,there's always another one coming
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Mainat
#957 Posted : Wednesday, September 07, 2016 1:12:55 PM
Rank: Veteran

Joined: 11/21/2006
Posts: 1,590
BS. Njoroge actually did an article on this in the DN and he was a clear as he could be that this was law was ushamba style economics.
If you know anything about this Kenya's economic history, you'd realize this guy is probably one of the best governors we've had so far.

Ericsson wrote:
@Streetwise
CBK wasn't for it and the governor when asked for comments he said he had nothing to say

Sehemu ndio nyumba
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Ericsson
#958 Posted : Wednesday, September 07, 2016 1:46:33 PM
Rank: Elder

Joined: 12/4/2009
Posts: 10,836
Location: NAIROBI
@KulaRaha
Raha itakumaliza.
Kuwa mpole
Wealth is built through a relatively simple equation
Wealth=Income + Investments - Lifestyle
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mkate_nusu
#959 Posted : Wednesday, September 07, 2016 2:32:14 PM
Rank: Member

Joined: 5/30/2016
Posts: 332
Location: Kayole
KulaRaha wrote:
Njoroge is starting to look very weak.....ineffective, unrealistic and stuck in analysis paralysis.

One term Governor at best.


This is a political mess up and the governor is trying to find an economic solution to the problem. Give him time.
Surely you can't be serious about the one term there is no governor that has come close to Opus Dei performance to date
KEGN, KPLC, KQ, SCOM
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KulaRaha
#960 Posted : Wednesday, September 07, 2016 3:15:31 PM
Rank: Elder

Joined: 7/26/2007
Posts: 6,514
The law is in force from 14th September. If CBK dont publish a "base rate", what will happen?
Business opportunities are like buses,there's always another one coming
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303 Pages«<9495969798>»
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