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MugundaMan		#2221 Posted : Wednesday, September 18, 2019 5:43:29 PM
Rank: Elder Joined: 1/8/2018 Posts: 2,212 Location: DC (Dustbowl County)		wukan wrote: GDP figures are too much noise. See for example insurance premiums Quote: Nairobi has cemented its status as the largest source of insurance premiums, pointing to the growing unexploited markets outside the capital city. The county took up an estimated 80.67 percent of total premiums in 2018, up from 72.76 percent the previous year, despite contributing only 21.7 percent to national wealth. Latest data from Insurance Regulatory Authority (IRA) shows Nairobi handed insurers Sh173.2 billion premiums while the other 46 counties fetched them a combined Sh41.5 billion. https://www.businessdail...74818-3ucl3l/index.html I prefer anecdotal evidence instead of those GoK and world bank statistics. Kenya power annual report on electricity consumption also tells you those county GDP figures are useful like yesterdays weather report. In Hong Kong they were historically hostile about keeping economic data. Keeping economic statistics is useful for planned socialist economies. In free market data is constant motion.
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MugundaMan		#2222 Posted : Wednesday, September 18, 2019 5:58:37 PM
Rank: Elder Joined: 1/8/2018 Posts: 2,212 Location: DC (Dustbowl County)		Muthungu biker says Kenya is the Best Country in Afrika https://www.the-star.co....-africa-global-tourist/ Quote: “Everything seems to be available here and it's more developed. There is no problem with communication because the official language is English and the roads are generally in good condition,” she said. “During my 4-week stay in Kenya, I did my best to experience it all and caught up with so many peeps like nowhere before.” She has seen many countries so she knows what she is talking about. Most Kenyans who have been away in the USA for decades who come back are actually shocked by the extremely high standard of living in Kenya for the middle classes and above.
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MugundaMan		#2223 Posted : Friday, September 20, 2019 8:18:12 AM
Rank: Elder Joined: 1/8/2018 Posts: 2,212 Location: DC (Dustbowl County)		Wooi Kenya will soon have more billionaires than Nigeria which has a population almost 3 times its size. And i'm not saying I support corrupt people. I am saying it from the perspective that economically, the number of billionaires in any economy directly correlates with the size of the middle class in that economy. Kenya has an OVERSIZE middle class for its numbers compared to most African countries, and that middle class is the bedrock of any booming economy for obvious reasons : self-sustaining domestic demand. This is why those hoping for an economic "downturn" any time soon might be waiting for Godot.
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MugundaMan		#2224 Posted : Friday, September 20, 2019 8:38:20 AM
Rank: Elder Joined: 1/8/2018 Posts: 2,212 Location: DC (Dustbowl County)		Woi. Second fastest growing cargo airport in the WORLD. Sour grapes for the doomsayers!
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MugundaMan		#2225 Posted : Friday, September 20, 2019 8:48:09 AM
Rank: Elder Joined: 1/8/2018 Posts: 2,212 Location: DC (Dustbowl County)		Woi, Baringo-Silali strikes steam. First new steamfield outside the traditional Menengai/Olkaria area. Cheap 3000 MW additional energy coming for Kenya. "Perhaps this is the biggest story coming out of this country moving forward." -- William Kamket, MP Tiaty. Poor doomsayers!
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sparkly		#2226 Posted : Friday, September 20, 2019 9:12:50 AM
Rank: Elder Joined: 9/23/2009 Posts: 8,083 Location: Enk are Nyirobi		MugundaMan wrote: Wooi Kenya will soon have more billionaires than Nigeria which has a population almost 3 times its size. And i'm not saying I support corrupt people. I am saying it from the perspective that economically, the number of billionaires in any economy directly correlates with the size of the middle class in that economy. Kenya has an OVERSIZE middle class for its numbers compared to most African countries, and that middle class is the bedrock of any booming economy for obvious reasons : self-sustaining domestic demand. This is why those hoping for an economic "downturn" any time soon might be waiting for Godot. Kenya Fourth, Kidero graft case side by side... Life is short. Live passionately.
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Ericsson		#2227 Posted : Saturday, September 21, 2019 8:07:35 AM
Rank: Elder Joined: 12/4/2009 Posts: 10,804 Location: NAIROBI		https://www.standardmedi...idge-and-dongo-kundu-sez Wealth is built through a relatively simple equation Wealth=Income + Investments - Lifestyle
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Ericsson		#2228 Posted : Monday, September 23, 2019 11:05:37 AM
Rank: Elder Joined: 12/4/2009 Posts: 10,804 Location: NAIROBI		https://www.businessdail...83750-ufjj0k/index.html The firm last week issued the 136 supervisors and managers with dismissal notices, although it has also revealed plans to rehire some of them on 40 percent of their previous pay. Junior staff will be dismissed later once the EAPCC sells two parcels of land amounting to 2,000 acres in the firm’s quest to cut workforce by a quarter from the current 800 employees. Wealth is built through a relatively simple equation Wealth=Income + Investments - Lifestyle
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VituVingiSana		#2229 Posted : Tuesday, September 24, 2019 3:23:19 AM
Rank: Chief Joined: 1/3/2007 Posts: 18,347 Location: Nairobi		MugundaMan wrote: When all else fails, retreat to the asinine thoughts of Kenya's CHIEF DOOMSAYER David Ndii Isn't this the same nut who told us Kenya would collapse "soon" well over 5 years ago. Waaaaaaapi? And the same "economist" who DEMANDED profits from a public good ? How many millions of shillings in profits has Thika Superhighway given us? As I said. WAKE US UP when a) ANY of David Ndii's predictions come true b) The #RedHawtt Kenyan economy dips below a 5% growth rate any time soon Shalom. Ndii seems to have nailed it on the SGR. I await the audited financial statements. Greedy when others are fearful. Very fearful when others are greedy - *to paraphrase Warren Buffett*
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MugundaMan		#2230 Posted : Tuesday, September 24, 2019 7:56:47 AM
Rank: Elder Joined: 1/8/2018 Posts: 2,212 Location: DC (Dustbowl County)		VVS, The day Oxford Ndii will ever be proved right is the day John Maynard Keynes will roll over in his grave. 10 years from now when SGR is at Kisangani and Juba and SGR II is well on its way from Lamu to Lodwar, Ndii will still be crying that SGR and Kenya in general will "collapse soon."
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