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Kenya Economy Watch
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kasibitta
#1151 Posted : Wednesday, June 29, 2016 3:25:07 PM
Rank: Member

Joined: 2/7/2014
Posts: 155
enyands wrote:
Thiong'o wrote:
[quote=kayhara]Ndii's article and the editorial one in the nation is just the best, comparing TZ economy with KE the gap is only 10%

Helium deposit worth billions of dollars discovered in Tanzania's Rift Valley http://www.nation.co.ke/...8/-/nqvf1h/-/index.html[/quote]


Now the ug and Rwanda taking their SGR there forcing shift to unlikely partners like Ethiopia and Botswana. Interesting. ...



Botswana...looked like ni kazi tunatafutiwa.Jobs for Kenyans.
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mlennyma
#1152 Posted : Thursday, June 30, 2016 3:19:02 PM
Rank: Elder

Joined: 7/21/2010
Posts: 6,194
Location: nairobi
True or politics???

Kenya's economy expanded by 5.9 percent in the first
three months of this year from 5.0 percent in the same period last year, the
statistics office said on its website on Thursday.
"Don't let the fear of losing be greater than the excitement of winning."
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mlennyma
#1153 Posted : Thursday, June 30, 2016 3:25:04 PM
Rank: Elder

Joined: 7/21/2010
Posts: 6,194
Location: nairobi
http://af.reuters.com/ar...mp;virtualBrandChannel=0
"Don't let the fear of losing be greater than the excitement of winning."
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lochaz-index
#1154 Posted : Saturday, July 16, 2016 12:21:03 PM
Rank: Veteran

Joined: 9/18/2014
Posts: 1,127
As much as rating agencies and their ilk are very biased, things tend to go downhill extremely fast once they start putting out warnings or downgrades.

Budget financing strains have been hovering over the KE economy for the better part of the last twelve months and the overall picture has been deteriorating ever since. Given that our debt obligations are front-loaded in any financial year, something has to give sooner rather than later.

http://www.businessdaily.../-/sqqwaxz/-/index.html

http://www.businessdaily...6/-/xukf3l/-/index.html

http://www.businessdaily.../-/14kvaa1/-/index.html

http://www.businessdaily...4/-/mj834e/-/index.html

http://www.businessdaily.../-/7lxgdlz/-/index.html

Added to stress in our banking sector, we are about to fall off a cliff seeing as liquidity is evaporating even for tier 1 banks. Systemic risk transmission from the govt to the banking sector or vice versa will make for a full blown crisis.
The main purpose of the stock market is to make fools of as many people as possible.
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  | | Edit by user: Saturday, July 16, 2016 12:30 PM | Reason: Not specified
Ericsson
#1155 Posted : Saturday, July 16, 2016 12:39:18 PM
Rank: Elder

Joined: 12/4/2009
Posts: 10,804
Location: NAIROBI
Funny how the kenyan economy is.
Economy grew at 5.9% yet retrenchment is the order of the day in what even analysts are saying the trend is alarming.
I think this economic growth figures are hot air and tools for jubilee government to continue with the indebtness of the country.On a realistic term our debt to gdp ratio is around 70% and not the below 50% gava is saying.
How do u explain half of what KRA collects annually is being used to repay debt
Wealth is built through a relatively simple equation
Wealth=Income + Investments - Lifestyle
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mlennyma
#1156 Posted : Saturday, July 16, 2016 1:08:19 PM
Rank: Elder

Joined: 7/21/2010
Posts: 6,194
Location: nairobi
Ericsson wrote:
Funny how the kenyan economy is.
Economy grew at 5.9% yet retrenchment is the order of the day in what even analysts are saying the trend is alarming.
I think this economic growth figures are hot air and tools for jubilee government to continue with the indebtness of the country.On a realistic term our debt to gdp ratio is around 70% and not the below 50% gava is saying.
How do u explain half of what KRA collects annually is being used to repay debt

the kenyan economy will always grow for the mighty,iam eager to see what the sgr will carry to justify the cost
"Don't let the fear of losing be greater than the excitement of winning."
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hisah
#1157 Posted : Sunday, July 17, 2016 4:36:07 AM
Rank: Chief

Joined: 8/4/2010
Posts: 8,977
mlennyma wrote:
Ericsson wrote:
Funny how the kenyan economy is.
Economy grew at 5.9% yet retrenchment is the order of the day in what even analysts are saying the trend is alarming.
I think this economic growth figures are hot air and tools for jubilee government to continue with the indebtness of the country.On a realistic term our debt to gdp ratio is around 70% and not the below 50% gava is saying.
How do u explain half of what KRA collects annually is being used to repay debt

the kenyan economy will always grow for the mighty,iam eager to see what the sgr will carry to justify the cost

Employment rate, GDP and inflation numbers are just that; numbers that can be easily manipulated to look rosy.

Purchasing power is the real story, which is reflected by the reported profit losses, profit warnings, job losses and aggressive taxation. Mr market has been in reverse gear since March 2015. The rest is noise!
$15/barrel oil... The commodities lehman moment arrives as well as Sovereign debt volcano!
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Ebenyo
#1158 Posted : Sunday, July 17, 2016 6:05:21 AM
Rank: Veteran

Joined: 4/4/2016
Posts: 2,016
Location: Kitale
Ericsson wrote:
Funny how the kenyan economy is.
Economy grew at 5.9% yet retrenchment is the order of the day in what even analysts are saying the trend is alarming.
I think this economic growth figures are hot air and tools for jubilee government to continue with the indebtness of the country.On a realistic term our debt to gdp ratio is around 70% and not the below 50% gava is saying.
How do u explain half of what KRA collects annually is being used to repay debt


If economy grew by 5.9%,that means poverty rate in our country is still high.With the inflation rate at 8%,that leaves the real growth at 2.1%.
Towards the goal of financial freedom
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Ebenyo
#1159 Posted : Sunday, July 17, 2016 6:09:08 AM
Rank: Veteran

Joined: 4/4/2016
Posts: 2,016
Location: Kitale
Ericsson wrote:
Funny how the kenyan economy is.
Economy grew at 5.9% yet retrenchment is the order of the day in what even analysts are saying the trend is alarming.
I think this economic growth figures are hot air and tools for jubilee government to continue with the indebtness of the country.On a realistic term our debt to gdp ratio is around 70% and not the below 50% gava is saying.
How do u explain half of what KRA collects annually is being used to repay debt


If the economy grew by 5.9% and with inflation rate at 8%,thats s 2.1% growth.It means poverty rate is still high.
Towards the goal of financial freedom
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obiero
#1160 Posted : Sunday, July 17, 2016 7:02:29 AM
Rank: Elder

Joined: 6/23/2009
Posts: 14,213
Location: nairobi
Ebenyo wrote:
Ericsson wrote:
Funny how the kenyan economy is.
Economy grew at 5.9% yet retrenchment is the order of the day in what even analysts are saying the trend is alarming.
I think this economic growth figures are hot air and tools for jubilee government to continue with the indebtness of the country.On a realistic term our debt to gdp ratio is around 70% and not the below 50% gava is saying.
How do u explain half of what KRA collects annually is being used to repay debt


If the economy grew by 5.9% and with inflation rate at 8%,thats s 2.1% growth.It means poverty rate is still high.

This is new. You minus inflation from growth. Never seen this before

KQ ABP 4.26
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