wazua Wed, Mar 18, 2026
Welcome Guest Search | Active Topics | Log In

263 Pages«<209210211212213>»
Kenya Economy Watch
Angelica _ann
#2101 Posted : Wednesday, May 08, 2019 6:16:10 PM
Rank: Elder

Joined: 12/7/2012
Posts: 11,935
Kusadikika wrote:

If all the South Sudanese removed their dollars from Kenyas banks the dollar would be KES 180.


Governor Njoroge banned any locally affiliated financial institutions from commenting on the performance of the KES in public.smile
In the business world, everyone is paid in two coins - cash and experience. Take the experience first; the cash will come later - H Geneen
NewMoney
#2102 Posted : Wednesday, May 08, 2019 6:43:02 PM
Rank: Member

Joined: 3/1/2019
Posts: 170
Location: Nairobi
Ericsson wrote:
Shilling overvalued by 30 per cent - Amana Capital

Kenya is operating a managed shilling than a free float currency, running a risk of making its exports more expensive.

Speaking while unveiling a report that unpacks what is ailing Kenya's economy, Amana Capital chief investment officer Reginald Kadzutu said the shilling is overvalued by 30 per cent.

He explained that the consumer price index which was at Sh97 in 2009 has since risen to Sh192, meaning that Kenyans are spending Sh192 to buy what could be bought at Sh100 ten years ago, translating to 50 per cent devaluation of purchasing power.

''The shilling's exchange rate which was at 72 against the dollar in 2009 is now at Sh100. This represents 20 per cent devaluation, meaning the shilling is overvalued by 30 per cent, '' Kadzutu said.

Dubbed 'Kenya's Economic Puzzle', the report supports IMF's views on the shilling which were disputed by the Central Bank of Kenya.

https://www.the-star.co....per-cent-amana-capital/



All these while completely ignoring the fact that the dollar itself has inflated by 20% (or thereabouts) since 2009. Also, if the consumer price index goes up, it does not automatically imply inflation, a component of it could be explained by a rise in the cost of living, which results from forces of supply and demand for those consumer goods.

The IMF has its own reasons for claiming Kes is overvalued which they are not telling us, the numbers look good to me. The shilling is good, the Kenyan economy is strong, not everybody is happy about that, but what can we do....
Ericsson
#2103 Posted : Thursday, May 09, 2019 6:21:35 PM
Rank: Elder

Joined: 12/4/2009
Posts: 10,804
Location: NAIROBI
https://www.the-star.co....orkers-sh4bn-deductions/
Wealth is built through a relatively simple equation
Wealth=Income + Investments - Lifestyle
obiero
#2104 Posted : Thursday, May 09, 2019 7:02:20 PM
Rank: Elder

Joined: 6/23/2009
Posts: 14,211
Location: nairobi
Ericsson wrote:
https://www.the-star.co.ke/news/2019-05-09-broke-uon-ku-hold-workers-sh4bn-deductions/

The two boys

KQ ABP 4.26
newfarer
#2105 Posted : Thursday, May 09, 2019 8:50:51 PM
Rank: Elder

Joined: 3/19/2010
Posts: 3,505
Location: Uganda
obiero wrote:
Ericsson wrote:
https://www.the-star.co.ke/news/2019-05-09-broke-uon-ku-hold-workers-sh4bn-deductions/

The two boys

times are tough but don't tell me its the interest cap cos these universities are already operating on bank overdraft s
punda amecheka
Kusadikika
#2106 Posted : Thursday, May 09, 2019 8:52:32 PM
Rank: Elder

Joined: 7/22/2008
Posts: 2,721
obiero wrote:
Ericsson wrote:
https://www.the-star.co.ke/news/2019-05-09-broke-uon-ku-hold-workers-sh4bn-deductions/

The two boys


UON is one of the biggest land owners in Nairobi. They just need to be creative and they can repay their debts and even generate surpluses. The problem with UON is that once people are employed they never leave regardless of performance. Believe me, if someone who was in UON 30 years ago goes there today he will find more than half of the people he left there are still there. Everybody from the groundsmen to the professors. Nothing changes, people keep their secure jobs and houses and side hustles.
obiero
#2107 Posted : Friday, May 10, 2019 12:05:48 AM
Rank: Elder

Joined: 6/23/2009
Posts: 14,211
Location: nairobi
newfarer wrote:
obiero wrote:
Ericsson wrote:
https://www.the-star.co.ke/news/2019-05-09-broke-uon-ku-hold-workers-sh4bn-deductions/

The two boys

times are tough but don't tell me its the interest cap cos these universities are already operating on bank overdraft s

Macroeconomics

KQ ABP 4.26
Ericsson
#2108 Posted : Friday, May 10, 2019 8:31:20 AM
Rank: Elder

Joined: 12/4/2009
Posts: 10,804
Location: NAIROBI
obiero wrote:
newfarer wrote:
obiero wrote:
Ericsson wrote:
https://www.the-star.co.ke/news/2019-05-09-broke-uon-ku-hold-workers-sh4bn-deductions/

The two boys

times are tough but don't tell me its the interest cap cos these universities are already operating on bank overdraft s

Macroeconomics


The two boys are worse than KANU as Obiero had mentioned
Wealth is built through a relatively simple equation
Wealth=Income + Investments - Lifestyle
kenyan2019
#2109 Posted : Thursday, May 23, 2019 8:24:52 AM
Rank: New-farer

Joined: 12/30/2018
Posts: 94
Ericsson
#2110 Posted : Tuesday, June 25, 2019 9:17:54 AM
Rank: Elder

Joined: 12/4/2009
Posts: 10,804
Location: NAIROBI
Petrol stations have now become shopping malls. They can’t really make a profit on petrol alone. This cost is one of the biggest costs to supply chains and logistics in Kenya. Remember all importers also pay for the railway levy.
The government now makes more per liter of petrol than the person who drilled for it, refined it, transported it and sold it *COMBINED*. For every liter of petrol, the government takes 51% of the price as taxes, but feels that dealers who would want 10% are greedy.
The government policy around petrol has made that worse. In 2010, cost of petrol had 30% of the cost as taxes. The government decided that a 10% profit margin was too high. They started regulating the price of fuel.
When global crude prices fell, they quietly and mischievously introduced more taxes, took the margin that would have previously been passed on to citizens and demonized the petrol station.
Wealth is built through a relatively simple equation
Wealth=Income + Investments - Lifestyle
263 Pages«<209210211212213>»
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.

Copyright © 2026 Wazua.co.ke. All Rights Reserved.