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Rank: Elder Joined: 12/7/2012 Posts: 11,908
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limanika wrote:Why does govt make promises to IMF they know to realise same they would have to rely on parliament? Parliament which can decline? Because at that point, they knew they had tyranny that they would control at a whimper. They didn't anticipate the 'temporary unity and calmness ' being experienced in parliament an Kenya? today. You will see soon, the system will be upset to return it to status quo in order to have centres of blame games and finger pointing. 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: New-farer Joined: 6/13/2016 Posts: 47 Location: kenya
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limanika wrote:Why does govt make promises to IMF they know to realise same they would have to rely on parliament? Parliament which can decline? Cause when you have thieves in government negotiating on our behalf and money is being dangled, they will agree to any conditions. Damn the consequences.
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Rank: Veteran Joined: 9/21/2011 Posts: 2,032
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mikanjoroge wrote:limanika wrote:Why does govt make promises to IMF they know to realise same they would have to rely on parliament? Parliament which can decline? Cause when you have thieves in government negotiating on our behalf and money is being dangled, they will agree to any conditions. Damn the consequences. When you make promise you know you don't have 100% capacity to fulfill, that's what we call living a lie. And who, when you haven't paid rent, takes the only cash at hand and goes on holiday? That's what we're doing ---spending 10's of billions tarmacking village cattle tracks just coz people are obsessed with tarmac, yet you will strain to count 10 vehicles down that road in a whole day, building electricity infrastructure in every nook and cranny just to light homes yet people could still survive with kerosene lamps if the pending debts were paid first..the list could go on
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Rank: New-farer Joined: 2/8/2018 Posts: 73
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Very true, free advice, it's time to take care of yourselves.....
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Rank: Veteran Joined: 8/28/2015 Posts: 1,247
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obiero wrote:Thitifini wrote:pops wrote:Why is the executive so silent on these key matters such as VAT on fuel and the debt situation? It's been over a week now. They know we are screwed whichever lane we take. It will actually be worse if the fuel tax is reversed.. Wacha tupambane na hali For once and after lengthy self introspect I agree with you Gentleman. I am also able to note that it would have been better to to impose that tax in a different category, let say petrol base rate since the Government would have an hand to moderate it appropriately to manage inflation, this taxable base item being a dominant inflationary factor,and also equitable and distributable. ,Behold, a sower went forth to sow;....
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Rank: Veteran Joined: 8/28/2015 Posts: 1,247
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muandiwambeu wrote:obiero wrote:Thitifini wrote:pops wrote:Why is the executive so silent on these key matters such as VAT on fuel and the debt situation? It's been over a week now. They know we are screwed whichever lane we take. It will actually be worse if the fuel tax is reversed.. Wacha tupambane na hali For once and after lengthy self introspect I agree with you Gentleman. I am also able to note that it would have been better to to impose that tax in a different category, let say petrol base rate since the Government would have an hand to moderate it appropriately to manage inflation, this taxable base item being a dominant inflationary factor,and also equitable and distributable. ,,,Fair comparing to cbk interest rate that is teribly ipoignant and mainly to few creators of capital/ investor equivalent to punishing hard work ,Behold, a sower went forth to sow;....
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Rank: Elder Joined: 6/23/2009 Posts: 13,556 Location: nairobi
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The one positive in all this crisis is that WSR is loosing capacity to even offer himself for the biggest job in the land.. I doubt Kenyans will have the stomach to issue him with the green light to state house. I pray for peace in 2022 COOP 70,000 ABP 15.20; 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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limanika wrote:mikanjoroge wrote:limanika wrote:Why does govt make promises to IMF they know to realise same they would have to rely on parliament? Parliament which can decline? Cause when you have thieves in government negotiating on our behalf and money is being dangled, they will agree to any conditions. Damn the consequences. When you make promise you know you don't have 100% capacity to fulfill, that's what we call living a lie. And who, when you haven't paid rent, takes the only cash at hand and goes on holiday? That's what we're doing --- spending 10's of billions tarmacking village cattle tracks just coz people are obsessed with tarmac, yet you will strain to count 10 vehicles down that road in a whole day, building electricity infrastructure in every nook and cranny just to light homes yet people could still survive with kerosene lamps if the pending debts were paid first..the list could go on This, my fren, is the only way to steal...give the people infrastructure they dont need! Business opportunities are like buses,there's always another one coming
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Rank: Veteran Joined: 9/21/2011 Posts: 2,032
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obiero wrote:The one positive in all this crisis is that WSR is loosing capacity to even offer himself for the biggest job in the land.. I doubt Kenyans will have the stomach to issue him with the green light to state house. I pray for peace in 2022 Every time he takes the podium and says 'we have tarmacked so many KM of roads, we have given counties so much, we have connected electricity, we have set aside so much to do this and that, blah, blah I wonder whether these people ever sit back to take stock of whether kenyans are getting value for money, or it's just a pedestrian way to hoodwink the ever gullible public, consequences not withstanding. Looking back with hindsight, it seems Kibaki was near genius in public finance management. With the current crop, only PK would come a close second. But he's outside the arena.
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Rank: Veteran Joined: 9/21/2011 Posts: 2,032
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KulaRaha wrote:limanika wrote:mikanjoroge wrote:limanika wrote:Why does govt make promises to IMF they know to realise same they would have to rely on parliament? Parliament which can decline? Cause when you have thieves in government negotiating on our behalf and money is being dangled, they will agree to any conditions. Damn the consequences. When you make promise you know you don't have 100% capacity to fulfill, that's what we call living a lie. And who, when you haven't paid rent, takes the only cash at hand and goes on holiday? That's what we're doing --- spending 10's of billions tarmacking village cattle tracks just coz people are obsessed with tarmac, yet you will strain to count 10 vehicles down that road in a whole day, building electricity infrastructure in every nook and cranny just to light homes yet people could still survive with kerosene lamps if the pending debts were paid first..the list could go on This, my fren, is the only way to steal...give the people infrastructure they dont need! This is what you get when you give politicians with zero skill in public finance to manage the economy. They just do expensive projects that excite the public. They dont bother to do proper feasibility, they do not pause to consider whether there were more effective ways to spend the money to generate real wealth
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Rank: Elder Joined: 7/21/2010 Posts: 6,183 Location: nairobi
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obiero wrote:The one positive in all this crisis is that WSR is loosing capacity to even offer himself for the biggest job in the land.. I doubt Kenyans will have the stomach to issue him with the green light to state house. I pray for peace in 2022 God forbid that disaster,if kenya doesn't change the regime in 2022 we will sink because even reaching 2022 looks very dark "Don't let the fear of losing be greater than the excitement of winning."
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Rank: Veteran Joined: 11/13/2015 Posts: 1,597
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limanika wrote:obiero wrote:The one positive in all this crisis is that WSR is loosing capacity to even offer himself for the biggest job in the land.. I doubt Kenyans will have the stomach to issue him with the green light to state house. I pray for peace in 2022 Every time he takes the podium and says 'we have tarmacked so many KM of roads, we have given counties so much, we have connected electricity, we have set aside so much to do this and that, blah, blah I wonder whether these people ever sit back to take stock of whether kenyans are getting value for money, or it's just a pedestrian way to hoodwink the ever gullible public, consequences not withstanding. Looking back with hindsight, it seems Kibaki was near genius in public finance management. With the current crop, only PK would come a close second. But he's outside the arena. Kibaki was a terrible finance minister btw 1969-1982. Most of kenya disastrous economic policies were initiated during this time import substitution, forex control,he presided over the most reckless spending 76-78 which a took a decade to recover from. The most genius move of the Moi era was removing kibaki from the finance ministry. It helped roll back his disastrous economic policies. Let's not glorify the man too much
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Rank: Veteran Joined: 7/1/2014 Posts: 904 Location: sky
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mlennyma wrote:obiero wrote:The one positive in all this crisis is that WSR is loosing capacity to even offer himself for the biggest job in the land.. I doubt Kenyans will have the stomach to issue him with the green light to state house. I pray for peace in 2022 God forbid that disaster,if kenya doesn't change the regime in 2022 we will sink because even reaching 2022 looks very dark I have voted 3 times now,it is highly unlikely that I will vote in 2022 if we will be choosing between the same politicians, I Will look for a good movie and spend the day watching There are only two emotions in the stock market, fear and hope. The problem is, you hope when you should fear and fear when you should hope
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Rank: Elder Joined: 6/23/2009 Posts: 13,556 Location: nairobi
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littledove wrote:mlennyma wrote:obiero wrote:The one positive in all this crisis is that WSR is loosing capacity to even offer himself for the biggest job in the land.. I doubt Kenyans will have the stomach to issue him with the green light to state house. I pray for peace in 2022 God forbid that disaster,if kenya doesn't change the regime in 2022 we will sink because even reaching 2022 looks very dark I have voted 3 times now,it is highly unlikely that I will vote in 2022 if we will be choosing between the same politicians, I Will look for a good movie and spend the day watching Shame. You should at least vote ata ikiibiwa at least you tried COOP 70,000 ABP 15.20; HF 90,000 ABP 3.83; KQ 414,100 ABP 7.92; MTN 23,800 ABP 6.45
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Rank: Veteran Joined: 7/1/2014 Posts: 904 Location: sky
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obiero wrote:littledove wrote:mlennyma wrote:obiero wrote:The one positive in all this crisis is that WSR is loosing capacity to even offer himself for the biggest job in the land.. I doubt Kenyans will have the stomach to issue him with the green light to state house. I pray for peace in 2022 God forbid that disaster,if kenya doesn't change the regime in 2022 we will sink because even reaching 2022 looks very dark I have voted 3 times now,it is highly unlikely that I will vote in 2022 if we will be choosing between the same politicians, I Will look for a good movie and spend the day watching Shame. You should at least vote ata ikiibiwa at least you tried for who? you can imagine a situation where we have ruto, kalonzo, joho for odm, musalia and weta, and there is no political wave towards new minorities who usually get less than 100k, then I wake up at 5am to queue No way let it be a shame There are only two emotions in the stock market, fear and hope. The problem is, you hope when you should fear and fear when you should hope
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Rank: Elder Joined: 12/7/2012 Posts: 11,908
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littledove wrote:obiero wrote:littledove wrote:mlennyma wrote:obiero wrote:The one positive in all this crisis is that WSR is loosing capacity to even offer himself for the biggest job in the land.. I doubt Kenyans will have the stomach to issue him with the green light to state house. I pray for peace in 2022 God forbid that disaster,if kenya doesn't change the regime in 2022 we will sink because even reaching 2022 looks very dark I have voted 3 times now,it is highly unlikely that I will vote in 2022 if we will be choosing between the same politicians, I Will look for a good movie and spend the day watching Shame. You should at least vote ata ikiibiwa at least you tried for who? you can imagine a situation where we have ruto, kalonzo, joho for odm, musalia and weta, and there is no political wave towards new minorities who usually get less than 100k, then I wake up at 5am to queue No way let it be a shame Three times, 3? Okay sisi tuliaiza na mlolongo (with those ugly big IDs) and we are we are still going strong. Keep on going until we get it right. 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: 13,556 Location: nairobi
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wukan wrote:limanika wrote:obiero wrote:The one positive in all this crisis is that WSR is loosing capacity to even offer himself for the biggest job in the land.. I doubt Kenyans will have the stomach to issue him with the green light to state house. I pray for peace in 2022 Every time he takes the podium and says 'we have tarmacked so many KM of roads, we have given counties so much, we have connected electricity, we have set aside so much to do this and that, blah, blah I wonder whether these people ever sit back to take stock of whether kenyans are getting value for money, or it's just a pedestrian way to hoodwink the ever gullible public, consequences not withstanding. Looking back with hindsight, it seems Kibaki was near genius in public finance management. With the current crop, only PK would come a close second. But he's outside the arena. Kibaki was a terrible finance minister btw 1969-1982. Most of kenya disastrous economic policies were initiated during this time import substitution, forex control,he presided over the most reckless spending 76-78 which a took a decade to recover from. The most genius move of the Moi era was removing kibaki from the finance ministry. It helped roll back his disastrous economic policies. Let's not glorify the man too much The politics of the time could not allow him to prosper. His intelligence level is diarized at both Makerere and LSE. The best president Africa has ever been gifted COOP 70,000 ABP 15.20; HF 90,000 ABP 3.83; KQ 414,100 ABP 7.92; MTN 23,800 ABP 6.45
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Rank: Veteran Joined: 9/21/2011 Posts: 2,032
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wukan wrote:limanika wrote:obiero wrote:The one positive in all this crisis is that WSR is loosing capacity to even offer himself for the biggest job in the land.. I doubt Kenyans will have the stomach to issue him with the green light to state house. I pray for peace in 2022 Every time he takes the podium and says 'we have tarmacked so many KM of roads, we have given counties so much, we have connected electricity, we have set aside so much to do this and that, blah, blah I wonder whether these people ever sit back to take stock of whether kenyans are getting value for money, or it's just a pedestrian way to hoodwink the ever gullible public, consequences not withstanding. Looking back with hindsight, it seems Kibaki was near genius in public finance management. With the current crop, only PK would come a close second. But he's outside the arena. Kibaki was a terrible finance minister btw 1969-1982. Most of kenya disastrous economic policies were initiated during this time import substitution, forex control,he presided over the most reckless spending 76-78 which a took a decade to recover from. The most genius move of the Moi era was removing kibaki from the finance ministry. It helped roll back his disastrous economic policies. Let's not glorify the man too much I doubt you have checked your facts. Mo1 inherited a vibrant economy in 1978. By the time he left in 2002, it was in ICU. Kibaki resuscitated it and by the time he left, it had improved and discharged from hospital. As we speak, it's like the economy is back into general ward, thanks to mo1 students
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Rank: Elder Joined: 6/23/2009 Posts: 13,556 Location: nairobi
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muandiwambeu wrote:obiero wrote:Thitifini wrote:pops wrote:Why is the executive so silent on these key matters such as VAT on fuel and the debt situation? It's been over a week now. They know we are screwed whichever lane we take. It will actually be worse if the fuel tax is reversed.. Wacha tupambane na hali For once and after lengthy self introspect I agree with you Gentleman. I am also able to note that it would have been better to to impose that tax in a different category, let say petrol base rate since the Government would have an hand to moderate it appropriately to manage inflation, this taxable base item being a dominant inflationary factor,and also equitable and distributable. Let me leave this here https://www.businessdail...755584-kwm550/index.html COOP 70,000 ABP 15.20; 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: 3/8/2018 Posts: 507 Location: Nairobi
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obiero wrote: muandiwambeu wrote:obiero wrote:Thitifini wrote:pops wrote:Why is the executive so silent on these key matters such as VAT on fuel and the debt situation? It's been over a week now. They know we are screwed whichever lane we take. It will actually be worse if the fuel tax is reversed.. Wacha tupambane na hali For once and after lengthy self introspect I agree with you Gentleman. I am also able to note that it would have been better to to impose that tax in a different category, let say petrol base rate since the Government would have an hand to moderate it appropriately to manage inflation, this taxable base item being a dominant inflationary factor,and also equitable and distributable. Let me leave this here https://www.businessdail...55584-kwm550/index.html By the way do we still have middle-income country status? Ama ata hiyo imeenda
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