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Kenya Economy Watch
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Angelica _ann
#1576 Posted : Monday, March 26, 2018 2:32:10 PM
Rank: Elder

Joined: 12/7/2012
Posts: 11,935
Ericsson wrote:
https://www.businessdailyafrica.com/economy/Kinyua-stops-parastatals-from-taking-in-new-loans/3946234-4358112-pff12fz/index.html

Watu wakaze mshipi



Does this include our beloved Kengen & Kenya Power?
In the business world, everyone is paid in two coins - cash and experience. Take the experience first; the cash will come later - H Geneen
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wukan
#1577 Posted : Monday, March 26, 2018 2:47:45 PM
Rank: Veteran

Joined: 11/13/2015
Posts: 1,652
Ericsson wrote:
https://www.businessdailyafrica.com/economy/Kinyua-stops-parastatals-from-taking-in-new-loans/3946234-4358112-pff12fz/index.html

Watu wakaze mshipi


Debt junkie attempting withdrawal. Won't last long. The withdrawal symptoms will be too much GoK will soon be back begging for more debt.
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KulaRaha
#1578 Posted : Monday, March 26, 2018 3:24:30 PM
Rank: Elder

Joined: 7/26/2007
Posts: 6,514
Wait until July, when 1st eurobond has to be repaid...and SGR loans kick in.
Business opportunities are like buses,there's always another one coming
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Ericsson
#1579 Posted : Monday, March 26, 2018 3:29:37 PM
Rank: Elder

Joined: 12/4/2009
Posts: 10,804
Location: NAIROBI
Angelica _ann wrote:
Ericsson wrote:
https://www.businessdailyafrica.com/economy/Kinyua-stops-parastatals-from-taking-in-new-loans/3946234-4358112-pff12fz/index.html

Watu wakaze mshipi



Does this include our beloved Kengen & Kenya Power?

Yes it does
Wealth is built through a relatively simple equation
Wealth=Income + Investments - Lifestyle
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Gatheuzi
#1580 Posted : Tuesday, March 27, 2018 6:37:50 AM
Rank: Veteran

Joined: 8/16/2009
Posts: 994
As they say, misery loves company. Seems our good neighbours are copying what we do very keenly if not perfecting it.

Time is money, so money is time. Money saved is time gained in reverse! Money stores your life’s energy. You expend your energy, get paid money, and store that money for a future purchase made in a currency.
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winmak
#1581 Posted : Tuesday, March 27, 2018 7:54:25 AM
Rank: Member

Joined: 12/1/2007
Posts: 539
Location: Nakuru
Ericsson wrote:
https://www.businessdailyafrica.com/economy/Kinyua-stops-parastatals-from-taking-in-new-loans/3946234-4358112-pff12fz/index.html

Watu wakaze mshipi


Jaindi Kisero mentioned these many times, hopefully they will stick to it
For investors as a whole, returns decrease as motion increases ~ WB
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winmak
#1582 Posted : Wednesday, March 28, 2018 8:35:47 AM
Rank: Member

Joined: 12/1/2007
Posts: 539
Location: Nakuru
https://www.nation.co.ke...60218-5fnfg9z/index.html
For investors as a whole, returns decrease as motion increases ~ WB
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Ericsson
#1583 Posted : Friday, May 04, 2018 11:28:02 AM
Rank: Elder

Joined: 12/4/2009
Posts: 10,804
Location: NAIROBI
Kenyan government/treasury to float $3bn or ksh.300bn Euro bond for budgetary support in the 2018/2019 budget.
Wealth is built through a relatively simple equation
Wealth=Income + Investments - Lifestyle
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Angelica _ann
#1584 Posted : Friday, May 04, 2018 12:14:41 PM
Rank: Elder

Joined: 12/7/2012
Posts: 11,935
Ericsson wrote:
Kenyan government/treasury to float $3bn or ksh.300bn Euro bond for budgetary support in the 2018/2019 budget.


Another one???
In the business world, everyone is paid in two coins - cash and experience. Take the experience first; the cash will come later - H Geneen
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obiero
#1585 Posted : Friday, May 04, 2018 12:23:54 PM
Rank: Elder

Joined: 6/23/2009
Posts: 14,211
Location: nairobi
Angelica _ann wrote:
Ericsson wrote:
Kenyan government/treasury to float $3bn or ksh.300bn Euro bond for budgetary support in the 2018/2019 budget.


Another one???

The other one was used to pay off matured debt, ofcourse its a new one! There are people who will be very wealthy by 2022

KQ ABP 4.26
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Angelica _ann
#1586 Posted : Friday, May 04, 2018 12:33:42 PM
Rank: Elder

Joined: 12/7/2012
Posts: 11,935
obiero wrote:
Angelica _ann wrote:
Ericsson wrote:
Kenyan government/treasury to float $3bn or ksh.300bn Euro bond for budgetary support in the 2018/2019 budget.


Another one???

The other one was used to pay off matured debt, ofcourse its a new one! There are people who will be very wealthy by 2022


Ok thanks, awuoro Sad Sad Sad
In the business world, everyone is paid in two coins - cash and experience. Take the experience first; the cash will come later - H Geneen
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Swenani
#1587 Posted : Friday, May 04, 2018 2:45:13 PM
Rank: User

Joined: 8/15/2013
Posts: 13,237
Location: Vacuum
Kaza mshipi

Quote:
The Cabinet Secretary has also promised total overhaul of the Income Tax Act, signalling a possible increase in income taxes to finance the exchequer.


Quote:
Excise taxes on beer and cigarettes are already subject to inflation-based increases every two years — under a law that was passed three years ago but was also suspended because of possible political repercussions.


Quote:
Petroleum products will start attracting 16 per cent VAT beginning September, a move that will add about Sh17 on every litre of the commodity and is expected to raise up to Sh70 billion in new tax revenues.


Quote:
The single biggest expenditure item is, however, debt service from the Consolidated Fund that will consume half of ordinary revenue in interest payments and settling maturing debt.

Some Sh870.7 billion will be spent on interest payments and redemption of domestic and foreign debt — representing a 43 per cent increase from the Sh608.4 billion in the current fiscal year.
If Obiero did it, Who Am I?
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Ericsson
#1588 Posted : Tuesday, May 29, 2018 1:25:56 PM
Rank: Elder

Joined: 12/4/2009
Posts: 10,804
Location: NAIROBI
According to Kenya's Central Bank, occupancy rates at Kenyan shopping malls is at 25%.
Wealth is built through a relatively simple equation
Wealth=Income + Investments - Lifestyle
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heri
#1589 Posted : Tuesday, May 29, 2018 1:32:52 PM
Rank: Member

Joined: 9/14/2011
Posts: 869
Location: nairobi
Ericsson wrote:
According to Kenya's Central Bank, occupancy rates at Kenyan shopping malls is at 25%.



really? that would be very serious considering more are still coming up

But i do not see that many empty spaces in the malls when i visit them . is that figure correct

Anyway yesterday i was at Garden city in the evening and was surprised to see virtually empty car park

How do these businesses survive if they only get people during weekends.
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maka
#1590 Posted : Tuesday, May 29, 2018 3:18:10 PM
Rank: Elder

Joined: 4/22/2010
Posts: 11,522
Location: Nairobi
heri wrote:
Ericsson wrote:
According to Kenya's Central Bank, occupancy rates at Kenyan shopping malls is at 25%.



really? that would be very serious considering more are still coming up

But i do not see that many empty spaces in the malls when i visit them . is that figure correct

Anyway yesterday i was at Garden city in the evening and was surprised to see virtually empty car park

How do these businesses survive if they only get people during weekends.


very correct...
possunt quia posse videntur
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