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Kenya Economy Watch
Rank: Elder Joined: 12/7/2012 Posts: 11,908
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Liv wrote:The sky is falling.... The sky is falling ....the sky is falling It has been falling for sometime now, but going on strong  In the business world, everyone is paid in two coins - cash and experience. Take the experience first; the cash will come later - H Geneen
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Rank: Elder Joined: 6/23/2009 Posts: 13,554 Location: nairobi
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Angelica _ann wrote:Liv wrote:The sky is falling.... The sky is falling ....the sky is falling It has been falling for sometime now, but going on strong Ni kubaya
HF 90,000 ABP 3.83; KQ 414,100 ABP 7.92; MTN 23,800 ABP 6.45
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Rank: Elder Joined: 3/19/2010 Posts: 3,504 Location: Uganda
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Liv wrote:The sky is falling.... The sky is falling ....the sky is falling When you see blue fontman(or is it uhuru point man) lamenting, worry. Our goose is ready for serving. Finished Wait until money starts being poured without commensurate production as politicians start buying back their positions, Drought situation Inflation will be over the roof punda amecheka
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Rank: Elder Joined: 12/4/2009 Posts: 10,702 Location: NAIROBI
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Oil just about to clock $60 a barrel Wealth is built through a relatively simple equation
Wealth=Income + Investments - Lifestyle
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Rank: Veteran Joined: 8/10/2014 Posts: 977 Location: Kenya
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Ericsson wrote:Oil just about to clock $60 a barrel If it hits that mark, that Ksh is about to get crushed.
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Rank: Elder Joined: 7/26/2007 Posts: 6,514
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KulaRaha wrote:Ericsson wrote:KulaRaha wrote:If rates dont go up soon, KES will be at 105. BY mid next week we will be at 103 at the way things are going By Friday we will be at 103 even if CBK intervenes. Told you told you.....  Business opportunities are like buses,there's always another one coming
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Rank: Elder Joined: 6/23/2009 Posts: 13,554 Location: nairobi
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KulaRaha wrote:KulaRaha wrote:Ericsson wrote:KulaRaha wrote:If rates dont go up soon, KES will be at 105. BY mid next week we will be at 103 at the way things are going By Friday we will be at 103 even if CBK intervenes. Told you told you..... Already at KES 103.. The two young men of Jubilee have messed us up http://www.businessdaily...06432-rqbw67z/index.html
HF 90,000 ABP 3.83; KQ 414,100 ABP 7.92; MTN 23,800 ABP 6.45
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Rank: Elder Joined: 7/26/2007 Posts: 6,514
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Quote:Jump in new orders boosts Kenyan private-sector activity - PMI - Reuters News
NAIROBI, Jan 5 (Reuters) - Kenya's private-sector activity
rose in December after new orders for companies increased at the
fastest pace in 11 months, a survey showed on Thursday.
The Markit Stanbic Bank Kenya Purchasing Managers' Index
(PMI) rose to 54.1 from 53.3 in November, well above the 50.0
point that marks growth.
"Strong domestic and external demand led to an improvement
in business operating conditions during the festive period,"
said Jibran Qureishi, regional economist for East Africa at
Stanbic Bank.
The survey found orders placed with private companies
accelerated at their fastest pace in nearly a year, driving
hiring, as businesses raced to meet the demand.
"Job growth rose to a 10-month high as firms scrambled to
increase headcount in order to mitigate backlogs that have been
building up over the past couple of months," Qureishi said.
Costs of production rose, the survey found, pointing to
potential inflationary pressures this year, he said.
Yeah, right! Obviously his survey seems very limited...wonder which multinationals he included.  Business opportunities are like buses,there's always another one coming
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Rank: Veteran Joined: 11/14/2006 Posts: 1,311
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newfarer wrote:Liv wrote:The sky is falling.... The sky is falling ....the sky is falling When you see blue fontman(or is it uhuru point man) lamenting, worry. Our goose is ready for serving. Finished Wait until money starts being poured without commensurate production as politicians start buying back their positions, Drought situation Inflation will be over the roof
You've never heard of the story of a chicken which kept shouting about how the sky is falling scaring other animals.
It is just that..... People here behaving like that chicken..... The sky never falls....lol
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Rank: Elder Joined: 12/4/2009 Posts: 10,702 Location: NAIROBI
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Dollar today traded at 103.5 versus ksh Wealth is built through a relatively simple equation
Wealth=Income + Investments - Lifestyle
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Rank: Veteran Joined: 11/14/2006 Posts: 1,311
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Ericsson wrote:Dollar today traded at 103.5 versus ksh
103.80 actually
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Rank: Elder Joined: 6/23/2009 Posts: 13,554 Location: nairobi
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Liv wrote:newfarer wrote:Liv wrote:The sky is falling.... The sky is falling ....the sky is falling When you see blue fontman(or is it uhuru point man) lamenting, worry. Our goose is ready for serving. Finished Wait until money starts being poured without commensurate production as politicians start buying back their positions, Drought situation Inflation will be over the roof
You've never heard of the story of a chicken which kept shouting about how the sky is falling scaring other animals.
It is just that..... People here behaving like that chicken..... The sky never falls....lol
Kwisha sisi.. A strong USD will do the ordinary man more harm than good
HF 90,000 ABP 3.83; KQ 414,100 ABP 7.92; MTN 23,800 ABP 6.45
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Rank: Member Joined: 6/14/2014 Posts: 332 Location: Nairobi
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Rank: Elder Joined: 10/18/2008 Posts: 3,434 Location: Kerugoya
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Name: Number: 21411 Content: GetIT411: CBK: Buy 103.36, Sell 103.56, Mean 103.46 CBA: Buy 103.70, Sell 103.90 SKY FOREX: Buy 103.00, Sell 104.00 Time: 06/01/2017 12:46:58
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Rank: Elder Joined: 12/4/2009 Posts: 10,702 Location: NAIROBI
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Barrel hits $57.20 Wealth is built through a relatively simple equation
Wealth=Income + Investments - Lifestyle
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Rank: Veteran Joined: 8/28/2015 Posts: 1,247
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Rank: User Joined: 8/15/2013 Posts: 13,237 Location: Vacuum
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Liv wrote:Ericsson wrote:Dollar today traded at 103.5 versus ksh
103.80 actually Closed at 105.2 yesterday If Obiero did it, Who Am I?
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Rank: Veteran Joined: 11/14/2006 Posts: 1,311
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Swenani wrote:Liv wrote:Ericsson wrote:Dollar today traded at 103.5 versus ksh
103.80 actually Closed at 105.2 yesterday
Where was this 105.20 published? Link?
CBK rate closed at 103.47
Most banks were at 103.50 - 103.80
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Rank: Elder Joined: 7/26/2007 Posts: 6,514
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Swenani wrote:Liv wrote:Ericsson wrote:Dollar today traded at 103.5 versus ksh
103.80 actually Closed at 105.2 yesterday No it didn't. Just touched 104 and CBK came in and sold again. Your bank is fleecing you  Business opportunities are like buses,there's always another one coming
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Rank: Member Joined: 12/17/2016 Posts: 225
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KulaRaha wrote:Swenani wrote:Liv wrote:Ericsson wrote:Dollar today traded at 103.5 versus ksh
103.80 actually Closed at 105.2 yesterday No it didn't. Just touched 104 and CBK came in and sold again. Your bank is fleecing you Just from sky Forex to buy dollars. Selling 104 buying 103.1. Apparently most of those Forex bureaus don't have USD.... Next week will be bad Reflection Eternal
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