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HaMaina		#1041 Posted : Tuesday, September 13, 2016 3:00:47 PM
Rank: Veteran Joined: 4/23/2014 Posts: 932		HaMaina wrote: Pole. how do I post a jpeg image here? “You can get in way more trouble with a good idea than a bad idea, because you forget that the good idea has limits.” - Ben Graham
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Intelligentsia		#1042 Posted : Tuesday, September 13, 2016 3:23:48 PM
Rank: Elder Joined: 10/1/2009 Posts: 2,436		So what happens to Omtata's suit now that CBK have clarified CBR is the rate
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Lolest!		#1043 Posted : Tuesday, September 13, 2016 3:28:31 PM
Rank: Elder Joined: 3/18/2011 Posts: 12,069 Location: Kianjokoma		Intelligentsia wrote: So what happens to Omtata's suit now that CBK have clarified CBR is the rate The court's decision should override CBK directive
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MaichBlack		#1044 Posted : Tuesday, September 13, 2016 4:24:32 PM
Rank: Elder Joined: 7/22/2009 Posts: 7,910		Intelligentsia wrote: So what happens to Omtata's suit now that CBK have clarified CBR is the rate He will chain himself to a gate or fence near him!!! Never count on making a good sale. Have the purchase price be so attractive that even a mediocre sale gives good returns.
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MaichBlack		#1045 Posted : Tuesday, September 13, 2016 4:36:35 PM
Rank: Elder Joined: 7/22/2009 Posts: 7,910		Lolest! wrote: Intelligentsia wrote: So what happens to Omtata's suit now that CBK have clarified CBR is the rate The court's decision should override CBK directive Good luck with that! Never count on making a good sale. Have the purchase price be so attractive that even a mediocre sale gives good returns.
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mkate_nusu		#1046 Posted : Tuesday, September 13, 2016 7:37:43 PM
Rank: Member Joined: 5/30/2016 Posts: 332 Location: Kayole		Impunity wrote: KulaRaha wrote: mkate_nusu wrote: Fellow wazuans, reading is free and it was all over the news Under the new law, lending rates will be capped at four percentage points above the benchmark central bank rate, which is currently 10.5 per cent, while deposit rates must be at least 70 per cent of the benchmark rate. The law makes no reference to CBR...just a base rate. What is base? Seeing is also free. central bank rate = cbr? This was clear from the signing day CBK instructs lenders to use central bank rate KEGN, KPLC, KQ, SCOM
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maka		#1047 Posted : Tuesday, September 13, 2016 7:42:36 PM
Rank: Elder Joined: 4/22/2010 Posts: 11,522 Location: Nairobi		mkate_nusu wrote: Impunity wrote: KulaRaha wrote: mkate_nusu wrote: Fellow wazuans, reading is free and it was all over the news Under the new law, lending rates will be capped at four percentage points above the benchmark central bank rate, which is currently 10.5 per cent, while deposit rates must be at least 70 per cent of the benchmark rate. The law makes no reference to CBR...just a base rate. What is base? Seeing is also free. central bank rate = cbr? This was clear from the signing day CBK instructs lenders to use central bank rate So how will CBA proceed... possunt quia posse videntur
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KulaRaha		#1048 Posted : Wednesday, September 14, 2016 8:42:01 AM
Rank: Elder Joined: 7/26/2007 Posts: 6,514		Equity announces all loans got to 14.5% including Equitel. So, who was recommending we buy this stock? Business opportunities are like buses,there's always another one coming
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Ericsson		#1049 Posted : Wednesday, September 14, 2016 8:57:18 AM
Rank: Elder Joined: 12/4/2009 Posts: 10,820 Location: NAIROBI		@KulaRaha hiyo ni PR exercise. Let us wait to see the numbers of people given loans at that rate Wealth is built through a relatively simple equation Wealth=Income + Investments - Lifestyle
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MaichBlack		#1050 Posted : Wednesday, September 14, 2016 9:03:17 AM
Rank: Elder Joined: 7/22/2009 Posts: 7,910		maka wrote: mkate_nusu wrote: Impunity wrote: KulaRaha wrote: mkate_nusu wrote: Fellow wazuans, reading is free and it was all over the news Under the new law, lending rates will be capped at four percentage points above the benchmark central bank rate, which is currently 10.5 per cent, while deposit rates must be at least 70 per cent of the benchmark rate. The law makes no reference to CBR...just a base rate. What is base? Seeing is also free. central bank rate = cbr? This was clear from the signing day CBK instructs lenders to use central bank rate So how will CBA proceed... CBA are free to charge whatever rate they want. Even 2%. Provided they don't charge more than 14.5% Never count on making a good sale. Have the purchase price be so attractive that even a mediocre sale gives good returns.
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