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Why dustbowl is the future
Rank: Elder Joined: 1/8/2018 Posts: 2,212 Location: DC (Dustbowl County)
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Mystery borehole gas in Dustbowl County might be natural gas after all https://www.standardmedi...as-find-in-kajiado-farm
NOCK are wajanja in the way they have handled this. What can we say..DC might be supplying all of Kenya with natural gas in the coming decade should the tests prove positive. Invest in DC or gnash teeth forever more my brathas and sistrens!
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Rank: Elder Joined: 9/23/2009 Posts: 8,083 Location: Enk are Nyirobi
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MugundaMan wrote:Mystery borehole gas in Dustbowl County might be natural gas after all https://www.standardmedi...as-find-in-kajiado-farm
NOCK are wajanja in the way they have handled this. What can we say..DC might be supplying all of Kenya with natural gas in the coming decade should the tests prove positive. Invest in DC or gnash teeth forever more my brathas and sistrens! So we should buy plots in DC because of unproven gas find? Why not buy for the limestone deposits already being mined at Athi River? Or the proven coal in Kitui, rare earth minerals at Kwale, gemstones in Taita Taveta, Gold in Kakamega, Flourspar in Kerio, soda ash at magadi or of course oil in Turkana? @Mugundaman your loyalty to DC clouds your view too much. Pray for wisdom as you attend church today. Life is short. Live passionately.
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Rank: Elder Joined: 1/8/2018 Posts: 2,212 Location: DC (Dustbowl County)
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Sunday, August 4, 2019
Roundup: Kenya's retail sector expanding as macro-economic environment improves http://www.xinhuanet.com...9-07/16/c_138231746.htm
Quote:NAIROBI, July 16 (Xinhua) -- Kenya's improving macro-economic environment is boosting the retail sector, with supermarkets leading businesses that have recorded expansion since the year started.
Analysts have noted that the 6.3 percent growth rate of the country's economy in 2018, which is 1.4 percentage points higher than that in 2017, has ensured that citizens have more disposable income, giving a boost to the retail sector.
Most of the international and local retailers in the east African nation are recording a boom, with the businesses opening new branches in the country and stiffening competition.
Naivas is the latest retail chain to open a new branch on the outskirts of Nairobi as it fights for the fast-growing middle-income market.
The local retailer opened its 53rd outlet in Ongata Rongai, a growing middle-income town in Kajiado County on the outskirts of the capital Nairobi.
"The continued expansion of local retailers is supported by the improving macroeconomic environment, increased disposable income as a result of an expanding middle class thus creating demand for goods and services," according to Cytonn, a Nairobi-based investment firm.
The firm noted that with gross domestic product per capita growing at 10.3 percent per annum over the last four years, from 125,756 Kenyan shillings (1,250 U.S. dollars) in 2014 to1,860 dollars in 2018, the retail sector is expanding.
According to Cytonn, the capital Nairobi's satellite towns hold the future of the expanding retail sector.
"These towns are increasingly presenting a viable opportunity to retailers due to low rental charges of 1.2 dollars per square feet as compared to the city centre average of 1.7 dollars," said Cytonn.
"Kenya's retail sector has been vibrant over the past few years, and would continue to attract interest from renowned international retailers as well as the robust expansion of local retailers," said Cytonn.
But even as the retail chains expand, they face competition from informal retail stalls and kiosks, which have over the years dominated the market and still do, according to Ernest Manuyo, a business lecturer at Pioneer Institute in Nairobi.
"Only 30 percent of Kenya's retail market is formal. Which means the kiosks still hold a huge market and the fact that they are readily accessible and some offer credit makes them appealing to consumers," he said.
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Rank: Elder Joined: 9/20/2015 Posts: 2,811 Location: Mombasa
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MugundaMan wrote:Sunday, August 4, 2019
Roundup: Kenya's retail sector expanding as macro-economic environment improves http://www.xinhuanet.com...9-07/16/c_138231746.htm
Quote:NAIROBI, July 16 (Xinhua) -- Kenya's improving macro-economic environment is boosting the retail sector, with supermarkets leading businesses that have recorded expansion since the year started.
Analysts have noted that the 6.3 percent growth rate of the country's economy in 2018, which is 1.4 percentage points higher than that in 2017, has ensured that citizens have more disposable income, giving a boost to the retail sector.
Most of the international and local retailers in the east African nation are recording a boom, with the businesses opening new branches in the country and stiffening competition.
Naivas is the latest retail chain to open a new branch on the outskirts of Nairobi as it fights for the fast-growing middle-income market.
The local retailer opened its 53rd outlet in Ongata Rongai, a growing middle-income town in Kajiado County on the outskirts of the capital Nairobi.
"The continued expansion of local retailers is supported by the improving macroeconomic environment, increased disposable income as a result of an expanding middle class thus creating demand for goods and services," according to Cytonn, a Nairobi-based investment firm.
The firm noted that with gross domestic product per capita growing at 10.3 percent per annum over the last four years, from 125,756 Kenyan shillings (1,250 U.S. dollars) in 2014 to1,860 dollars in 2018, the retail sector is expanding.
According to Cytonn, the capital Nairobi's satellite towns hold the future of the expanding retail sector.
"These towns are increasingly presenting a viable opportunity to retailers due to low rental charges of 1.2 dollars per square feet as compared to the city centre average of 1.7 dollars," said Cytonn.
"Kenya's retail sector has been vibrant over the past few years, and would continue to attract interest from renowned international retailers as well as the robust expansion of local retailers," said Cytonn.
But even as the retail chains expand, they face competition from informal retail stalls and kiosks, which have over the years dominated the market and still do, according to Ernest Manuyo, a business lecturer at Pioneer Institute in Nairobi.
"Only 30 percent of Kenya's retail market is formal. Which means the kiosks still hold a huge market and the fact that they are readily accessible and some offer credit makes them appealing to consumers," he said. @MugundaMan ulipata bibi? Last time you brought DC manenos to halt in a bid to search a woman saint... How is your story? John 5:17 But Jesus replied, “My Father is always working, and so am I.”
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Rank: Elder Joined: 1/8/2018 Posts: 2,212 Location: DC (Dustbowl County)
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Did you know that Kajiado County tops the whole country in birth rates?https://mobile.nation.co...5240-x869l9z/index.html
Do not be fooled by World Bank and IMF beberu ati high birth rate is a bad thing. China, and India at one point had the highest birth rates in the world and are now economic powerhouses. USA itself did not become a superpower until its population crossed the 100 million mark. Closer to home even though Nigeria has no economy worth speaking about outside the purview of oil, it is considered a "powerhouse" of west Africa simply because of the mighty population and the domestic demand it portends. This Kajiado County youth bulge dividend will be felt for decades to come!
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Rank: Veteran Joined: 8/10/2014 Posts: 992 Location: Kenya
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MugundaMan wrote:Did you know that Kajiado County tops the whole country in birth rates?https://mobile.nation.co...5240-x869l9z/index.html
Do not be fooled by World Bank and IMF beberu ati high birth rate is a bad thing. China, and India at one point had the highest birth rates in the world and are now economic powerhouses. USA itself did not become a superpower until its population crossed the 100 million mark. Closer to home even though Nigeria has no economy worth speaking about outside the purview of oil, it is considered a "powerhouse" of west Africa simply because of the mighty population and the domestic demand it portends. This Kajiado County youth bulge dividend will be felt for decades to come! As long the population growth rate is lower than the economic growth rate of the area otherwise all the problems that come with poverty make the place a nightmare to live in.
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Rank: Elder Joined: 1/8/2018 Posts: 2,212 Location: DC (Dustbowl County)
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watesh wrote:
As long the population growth rate is lower than the economic growth rate of the area otherwise all the problems that come with poverty make the place a nightmare to live in.
Thats what IMF na WB have been drumming down your skulls for the past 70 years. Na not true oo! China in 1978 was a nation full of nothing worth writing home about. Its population was massive and outpaced gdp growth terribly. Yet economic output was third world quality. When they adopted de facto capitalism under Deng Xiaoping, the economy took off like gangbusters largely on the back of that massive population that IMF and WB had been crying was "too high" to the point that they crammed one child policy down the throats of china's leaders. Domestic demand is the bedrock of any functioning economy, my braddah. There is a reason why People like the late Total Man who had access to Mossad info via his wifey told Kenyans to discard family planning practices completely. Numbers mean both economic and geopolitical power and the big powers have always known this. This is why they keep telling you to panga uzazi
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Rank: Member Joined: 8/1/2019 Posts: 107
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MugundaMan wrote:watesh wrote:
As long the population growth rate is lower than the economic growth rate of the area otherwise all the problems that come with poverty make the place a nightmare to live in.
Thats what IMF na WB have been drumming down your skulls for the past 70 years. Na not true oo! China in 1978 was a nation full of nothing worth writing home about. Its population was massive and outpaced gdp growth terribly. Yet economic output was third world quality. When they adopted de facto capitalism under Deng Xiaoping, the economy took off like gangbusters largely on the back of that massive population that IMF and WB had been crying was "too high" to the point that they crammed one child policy down the throats of china's leaders. Domestic demand is the bedrock of any functioning economy, my braddah. There is a reason why People like the late Total Man who had access to Mossad info via his wifey told Kenyans to discard family planning practices completely. Numbers mean both economic and geopolitical power and the big powers have always known this. This is why they keep telling you to panga uzazi So you would rather live in India than Seychelles? Per capita income, pollution na HDI manenos
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Rank: Elder Joined: 1/8/2018 Posts: 2,212 Location: DC (Dustbowl County)
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McGill wrote:MugundaMan wrote:watesh wrote:
As long the population growth rate is lower than the economic growth rate of the area otherwise all the problems that come with poverty make the place a nightmare to live in.
Thats what IMF na WB have been drumming down your skulls for the past 70 years. Na not true oo! China in 1978 was a nation full of nothing worth writing home about. Its population was massive and outpaced gdp growth terribly. Yet economic output was third world quality. When they adopted de facto capitalism under Deng Xiaoping, the economy took off like gangbusters largely on the back of that massive population that IMF and WB had been crying was "too high" to the point that they crammed one child policy down the throats of china's leaders. Domestic demand is the bedrock of any functioning economy, my braddah. There is a reason why People like the late Total Man who had access to Mossad info via his wifey told Kenyans to discard family planning practices completely. Numbers mean both economic and geopolitical power and the big powers have always known this. This is why they keep telling you to panga uzazi So you would rather live in India than Seychelles? Per capita income, pollution na HDI manenos Its not about comfort its about economic power and a long term future, my braddah. Seychelles has no long term future to speak of precisely because the population is low. In India as a businessperson you have a billion times more opportunities compared to in Seychelles where you can only sell to a few mamas in a crumbling local market. So the short answer is yes. Build economic power in India and then travel to Seychelles ten times a year just for fun's sake.
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Rank: Member Joined: 5/22/2009 Posts: 206
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MugundaMan wrote:watesh wrote:
As long the population growth rate is lower than the economic growth rate of the area otherwise all the problems that come with poverty make the place a nightmare to live in.
Thats what IMF na WB have been drumming down your skulls for the past 70 years. Na not true oo! China in 1978 was a nation full of nothing worth writing home about. Its population was massive and outpaced gdp growth terribly. Yet economic output was third world quality. When they adopted de facto capitalism under Deng Xiaoping, the economy took off like gangbusters largely on the back of that massive population that IMF and WB had been crying was "too high" to the point that they crammed one child policy down the throats of china's leaders. Domestic demand is the bedrock of any functioning economy, my braddah. There is a reason why People like the late Total Man who had access to Mossad info via his wifey told Kenyans to discard family planning practices completely. Numbers mean both economic and geopolitical power and the big powers have always known this. This is why they keep telling you to panga uzazi Centuries before Xiaoping was even born, China was poised to be a global superpower. In fact, by some accounts, had China not adopted it's "inwards" policy centuries ago, it would have easily conquered the world, thanks to it's naval technology, which was ahead of anything at the time. Note that China invented among other things gunpowder and many aspects of the modern banking system, including the bank note. In many ways, you can say that today China is simply living up to its potential post its "Century of Humiliation.”
Anyway, my point if, China did not necessarily become a global force due to it's large population. In fact, the wealthiest countries in the world are tiny countries with relatively small populations. Most countries with large populations are only good for cheap labor and setting up sweat shops. The Kajiado you speak of is only one drought away from "serikali saidia."
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