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Kenya Economy Watch
Ericsson
#2401 Posted : Monday, December 16, 2019 12:07:59 PM
Rank: Elder

Joined: 12/4/2009
Posts: 10,808
Location: NAIROBI
https://pbs.twimg.com/me...t=jpg&name=4096x4096
Wealth is built through a relatively simple equation
Wealth=Income + Investments - Lifestyle
aemathenge
#2402 Posted : Monday, December 16, 2019 12:10:18 PM
Rank: Elder

Joined: 10/18/2008
Posts: 3,434
Location: Kerugoya
aemathenge wrote:
The Virtual Republic Of Wazua

Quote For The Day:

Quote:
It is unfortunate we can't buy many business executives for what they are worth and sell them for what they think they are worth - Malcolm Forbes


Quote:
A consultant is a man sent in after the battle to bayonet the wounded - Author Unknown
wukan
#2403 Posted : Tuesday, December 17, 2019 10:51:41 AM
Rank: Veteran

Joined: 11/13/2015
Posts: 1,654
wukan wrote:
tandich wrote:
How does one immunise their investments, even if partially, from the impending gloom?


The malaise can go on for a long time. Haiti has been at it for 200 years, Argentina has been on burst burst cycles for 50+ years.

The last time GoK did a similar binge on infrastructure was around 1920-1927. The economy never recovered from the debt binge until the 2nd world war. It took the Swynnerton Plan to fundamentally restructure the economy to get things going again.

In between Happy valley manenos happened which was the equivalent of current parte after parte. Bro Enjoy life, plan for retirement-investments wachia wajukuu

Everything ultimately rises and falls on leadership. Britain was on the malaise in 1960's and 1970's till Margaret Thatcher came and took the hard bold decisions.

If you look at the current kenyan leadership no one has the brains or balls to get us out of the quagmire. So for now let's continue with parte after parte



Fitch agrees with my position. It's a long ride folks

Quote:
Kenya will need almost a decade to tame runaway debt as the country is expected to borrow Sh9 trillion by 2024.

Rating agency Fitch says the general government debt-to-GDP ratio will continue increasing through 2022 to 64.8 per cent before easing gradually to 60.5 per cent by 2028.

“Our projections are less optimistic than that (those) of the government, which sees debt stabilising in 2020 and falling to 54 per cent by 2024. General government debt reached 61.3 per cent of GDP at end-2019,” Fitch said in a rating update on December 10.
https://www.businessdail...88236-xk10xz/index.html
Monk
#2404 Posted : Friday, December 27, 2019 9:51:25 AM
Rank: Member

Joined: 7/1/2009
Posts: 272
https://www.businessdail...6546-sfxdugz/index.html

All those insisting the economy is growing, how do you explain this?
Angelica _ann
#2405 Posted : Friday, December 27, 2019 9:54:35 AM
Rank: Elder

Joined: 12/7/2012
Posts: 11,935
Monk wrote:
https://www.businessdailyafrica.com/economy/Low-spending-hurts-Christmas-stores-sales/3946234-5396546-sfxdugz/index.html

All those insisting the economy is growing, how do you explain this?


Sensational stories without data to support such claims.
In the business world, everyone is paid in two coins - cash and experience. Take the experience first; the cash will come later - H Geneen
Ericsson
#2406 Posted : Friday, December 27, 2019 10:41:32 AM
Rank: Elder

Joined: 12/4/2009
Posts: 10,808
Location: NAIROBI
SGR first principal payment is due in January 2020.
Amount ksh.35Bn
Wealth is built through a relatively simple equation
Wealth=Income + Investments - Lifestyle
Angelica _ann
#2407 Posted : Friday, December 27, 2019 11:04:46 AM
Rank: Elder

Joined: 12/7/2012
Posts: 11,935
Ericsson wrote:
SGR first principal payment is due in January 2020.
Amount ksh.35Bn


Hii iko kwa budget.
In the business world, everyone is paid in two coins - cash and experience. Take the experience first; the cash will come later - H Geneen
Swenani
#2408 Posted : Friday, December 27, 2019 11:44:02 AM
Rank: User

Joined: 8/15/2013
Posts: 13,237
Location: Vacuum
Monk wrote:
https://www.businessdailyafrica.com/economy/Low-spending-hurts-Christmas-stores-sales/3946234-5396546-sfxdugz/index.html

All those insisting the economy is growing, how do you explain this?


The economy is growing. The low spending is coz majority of Kenyans are better off and are spending their holidays in exotic places and shopping their as well.
If Obiero did it, Who Am I?
maka
#2409 Posted : Friday, December 27, 2019 12:06:27 PM
Rank: Elder

Joined: 4/22/2010
Posts: 11,522
Location: Nairobi
Angelica _ann wrote:
Ericsson wrote:
SGR first principal payment is due in January 2020.
Amount ksh.35Bn


Hii iko kwa budget.


Did you check how the last T- Bills performed?
possunt quia posse videntur
Monk
#2410 Posted : Friday, December 27, 2019 1:18:15 PM
Rank: Member

Joined: 7/1/2009
Posts: 272
Angelica _ann wrote:
[quote=Monk]https://www.businessdailyafrica.com/economy/Low-spending-hurts-Christmas-stores-sales/3946234-5396546-sfxdugz/index.html

All those insisting the economy is growing, how do you explain this?


Sensational stories without data to support such claims. [/quote

Feedback from most business people I know, corporate financial results, and sources like CBK and KRA, vs politically sanctioned KNBS data, take your pick. Speaking as a business person, I'm forced to be more cautious as default rate even on day to day business transactions gets higher. Ignore these signs at your own peril.
263 Pages«<239240241242243>»
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