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IMF: Kenya's economy self reliant, don't need EU
Rank: Elder Joined: 1/21/2010 Posts: 6,675 Location: Nairobi
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murchr wrote:KulaRaha wrote:^^^^^^ Quicksand, there are no lies in mathematics.
Its so good to see people approach this issue with statistics, rather than tribal goggles.
China has 250M, yes 250 million people BELOW the poverty line. A country that cannot feed its own is going to come feed you?? Numbers dont lie....indeed the west does need us...so those dreaming of sanctions should snap out of it How about FDI? http://www.businessdaily.../-/1lnvlmz/-/index.html These childish amounts is what you are calling "numbers"?? 120billion may look like a lot to us Africans but trust you me a single American company makes 150billion PROFIT in just 3months! Mark 12:29 Deuteronomy 4:16
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Rank: Elder Joined: 2/26/2012 Posts: 15,980
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Guru, if i bring cows to your father today, what signal will i be sending? (will be back,wacha nilale) "There are only two emotions in the market, hope & fear. The problem is you hope when you should fear & fear when you should hope: - Jesse Livermore .
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Rank: Veteran Joined: 3/26/2012 Posts: 1,182
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Nabwire wrote:Mkeiyd after rereading your post, I can conclude that you are a defeatist. You are running scared coz of what the west will do to Kenya, yet the west has repeatedly said they will uphold elections results if they are free and fair. What you are basically asking us, is to accept neocolonialism, in a gracious manner. I will let you know that the west has never acted out of generosity, if they act, its because it serves their interests. So saying that western companies in Kenya are basically there because they are benevolent is a bit of a stretch. Im curious to see a factual case of how " Kenya benefits more from BAT than shareholders"? Corporations only set up shop to maximize profits, if there are no profits, they close shop. Its in Kenya's best interests to have friendly relations with the west, but it is in the west's interests even more to retain Kenya as an ally. Kenya is strategically located and the West is doing everything in its power to ensure that Kenya does not forge lasting ties with China. Also Kenya just discovered oil, it would be unwise of the west to cut ties with Kenya, coz even though they may not need the oil, they wouldnt want China to have a controlling stake of it. We are in arguably the contemporary form of gold rush, with China and the US fighting over African resources, but Africans have no clue of the power they hold, and would rather dance along to yester years propaganda. The world has moved on, its time our thinking also moved on. Unless you are asking us to accept the position of always being a recepient, your argument makes no sense. We have begged for aid all these years, yet the common man's life has not improved, now you are asking us not to anger the west, just so we can continue getting aid. Please read Dead Aid, and then contemplate on the fact that oil has been discovered in Kenya. Why beg for breadcrumbs when you can now bake your own bread? http://www.cbc.ca/passio...day/feature_171207.html
http://www.google.com/ur...3VQExB5gAJKRTAvWfNfyMOQ
@Nabwire, You have a tendency of throwing words to fellow wazuans,like "village mad woman" and now i'm defeatist.Whatever keeps your kite high up. Back to your response of my post,where did i talk of AID in my post? Please highlight it for me. I talked business. The four FACTORS OF PRODUCTION. Usually, profits from most of the multinationals are not more than 25% of total revenue. Tell me @Nabwire,where does the other 75% go to? It's rewards to the other 3 factors which more often than not,are local.Talking numbers,the country where 75% is spend BENEFITS more than shareholders who get 25%. Tumeelewana? Where did i say foreign companies are here because they are benevolent? WHERE? I said they don't milk us, they are investor just like us,the locals. Should i say us the locals go into business for profits? just to clear the air. The business of business is business. It doesn't matter who's doing it. Did you read the last part i did i green? I said if we use our brains,build our economy,in 30 years or so,we can be punching with the heavy weights. Tell me @ Nabwire,where/how did you get that DEFEATIST feel on my post?As @simonkabz Asked, what freedom are we getting by voting the suspects? What will Kenya be able to do,by voting suspects,that we CAN'T do now? How free are the Merus whose miraa got banned in the Holland? Lacking market for your produce/products/service is NOT FREEDOM. If one has a textiles factory in our EPZs and the US de lists Kenya from Agoa benefits,how FREE will the apparel's dealer be? We cannot belittle a huge word like FREEDOM, to mean "electing suspects".The average Hong Kong citizen is more FREE than the average Kenyan even if they haven't been enjoying voting rights as we do.The average Hong Kong citizen can holiday,drive,live and enjoy life in ways the average Kenyan can only imagine. Now that is FREEDOMDeeds and processes that will enable me and most Kenyans to live,holiday,drive,enjoy life freely,are welcome to me.Voting suspects ISN'T. Finally,is said voting Uhuruto won't bring sanctions,it is their failure to cooperate with ICC which will bring sanctions.You are assuming they will cooperate,i'm assuming they won't. We are all assuming. They say they will,they said many things to Mdvd. In the spirit of freedom,i'm free to assume as i wish. Ama iko shida? Now i'm seated here,a shipping line just decided to head to Dar Tanzania first,then come back to Mombasa,that means, loss of business for me.I'm i supposed to be feeling "MORE FREE" now? In your spirit of "doing thing on our terms" tell me how i can achieve that with the shipping lines? @ Nabwire,tell me. Kenya being VERY important to the west,why is a Netherlands vessel not respecting Mombasa and heading to Dar first? The usual route is from X - Msa - Dar - Y.China does not do business with the West on their terms. Have you ever been to a Chinese factory? That sort of working conditions does not come anywhere near being on chinese terms.But China is pulling itself up and in not so many years,they'll be doing things on their terms. Once they've built enough economic might. South Korea come through the same route,same as Taiwan. Now Chinese,Vietnam,Cambodia, Philipines ,Thailand etc, are doing it. BUILDING ECONOMIC MIGHT. Kenya should do the same,build its might.We are not going to do it if we are going to ditch the West and run East. Why haven't the East Asian countries not ditched the West,for China? WHY? When we were young,we needed to be nurtured,now that we've grown,we can fend for ourselves. Kenya is relatively young in all spheres of development,we can't grow by picking unnecessary confrontations. We need to be able to do business with everybody
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Rank: Veteran Joined: 3/26/2012 Posts: 1,182
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guru267 wrote:murchr wrote:KulaRaha wrote:^^^^^^ Quicksand, there are no lies in mathematics.
Its so good to see people approach this issue with statistics, rather than tribal goggles.
China has 250M, yes 250 million people BELOW the poverty line. A country that cannot feed its own is going to come feed you?? Numbers dont lie....indeed the west does need us...so those dreaming of sanctions should snap out of it How about FDI? http://www.businessdaily.../-/1lnvlmz/-/index.html These childish amounts is what you are calling "numbers"?? 120billion may look like a lot to us Africans but trust you me a single American company makes 150bn PROFIT in just 3 months! @Murchr, 120bn a whole year for the whole of Africa? That is 1.4bn USD,for the whole Africa for a year. Samsung Electronics made a profit of 7.3bn usd, equiv of 620bn shillings,in 3 months. A single company making 5 times,in 3 months what the article says was raised for the whole Africa a year and you dare say they need us. Has the word NEED gained a new meaning?
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Rank: Elder Joined: 7/26/2007 Posts: 6,514
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mkeiyd wrote:guru267 wrote:murchr wrote:KulaRaha wrote:^^^^^^ Quicksand, there are no lies in mathematics.
Its so good to see people approach this issue with statistics, rather than tribal goggles.
China has 250M, yes 250 million people BELOW the poverty line. A country that cannot feed its own is going to come feed you?? Numbers dont lie....indeed the west does need us...so those dreaming of sanctions should snap out of it How about FDI? http://www.businessdaily.../-/1lnvlmz/-/index.html These childish amounts is what you are calling "numbers"?? 120billion may look like a lot to us Africans but trust you me a single American company makes 150bn PROFIT in just 3 months! @Murchr, 120bn a whole year for the whole of Africa? That is 1.4bn USD,for the whole Africa for a year. Samsung Electronics made a profit of 7.3bn usd, equiv of 620bn shillings,in 3 months. A single company making 5 times,in 3 months what the article says was raised for the whole Africa a year and you dare say they need us. Has the word NEED gained a new meaning? Yeah they need us because we have the best national parks. Africa control 2.36% of global GDP.. that's how relevant we are. http://en.wikipedia.org/..._distribution_of_wealth
http://www.conference-bo.../data/globaloutlook.cfm
Business opportunities are like buses,there's always another one coming
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Rank: Elder Joined: 3/2/2007 Posts: 8,776 Location: Cameroon
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quicksand wrote:simonkabz wrote:Sad sad sad.
What the eastern propagandists haven't yet gotten is, we are not kissing mzungu's butt, and we are not begging for aid though we need it anyway, but we cannot cut off a critical market for our produce just to be FREE! FREE? In the modern world? Btw, FREE FROM WHAT? I would unequivocally state that no country is free in this planet. Listening to the chest thumpers' hubris is very interesting. One of the largest trading partners for china n BRICS is the west. If the chinese didn't cut off their ties with the west, who are we? Is Kenya greater than S. Korea? Japan, Taiwan, Indonesia, China? Cut the cheap braggadocio people, and stop twisting the truth. And if the plan by uhuruto is to isolate us from this market, then they should be jailed. But I'm sure they know better than many wazuans not to upset the master. They won't. In fact, they will be ridden like horses coz for a fact, they badly need the west, who will capitalise on their ICC woes to get what they want. Or nabwire n maji maji want to tell us uhuruto want to fail in their leadership? I don't think so. The west largely earns kenya foreign exchange. China DRAINS it with the unfavourable balance of trade in products that eventually kill our local firms, including TOOTHPICKS!!!. Not many pple understand how the world works today it seems, and that Globalization means nyet to them chest beaters. This education system of ours needs a complete overhaul.
My final question, have these thumpers ever given zimbabwe a thought? Why are they in the doldrums? Why hadn't china or the BRICS lifted the shithole up? A section of the govt was sanctioned, and the whole country went up in flames. They seem to enjoy it though, and seemingly, educated kenyans envy them. I have some stats here from our very own Bureau of Statistics. http://www.knbs.or.ke/trade_balance.php
In '000 In '000 ______________ Exports(2010)___Imports(2010)___Balance(2010) Canada____________1,169,832_______7,067,926______(5,898,094) USA______________22,522,182______39,315,581_____(16,793,398) Western Europe 100,122,690_____176,205,709_____(76,083,019) China_____________2,511,547_____120,648,247____(118,136,700) We exported a paltry 2.5 billion worth of Kenyan produce to our steadfast friends the Chinese  importing a massive 120B, resulting in a crushing 118 billion balance of trade. The 2.5 billion export figure we achieved with the Chinese clearly is much better,..by leaps and bounds, than the 123.8 billion we managed to export to the Americas and Western Europe by some reasoning around here. Also, the 118 billion trade deficit with China alone surpasses the 98 billion deficit with the West. Isn't that awesome?? NKT.  Little knowledge is truly dangerous Nice. Scary numbers right there. So, its so clear we need the west more than we need shaina, who DRAIN OUR RESERVES. Let us now sit back n listen to TNA hogwash............ TULIA.........UFUNZWE!
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Rank: Veteran Joined: 1/4/2010 Posts: 1,668 Location: nairobi
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guru267 wrote:a4architect.com wrote:The more kenya maintains minimal contact with the west, the more our economy improves. @wazua how may any reasonable individual respond to this statement?? What i mean is that Kenya needs to expand their market more as in the case here below stated by @RailaOdinga. https://twitter.com/Rail...atus/255684680907649024
Quote:Raila OdingaVerified account @RailaOdinga
Uganda is Kenya’s top trading partner. Exports to Uganda constitute a quarter of total earnings from our exports to other African countries Also as stated by Michael Holman here http://www.nation.co.ke/...2/-/2098m9/-/index.html
Quote:Diplomatic snub
It was a two-fingered diplomatic snub that doubtless sent the ambassadors into a flurry of activity, composing dispatches trying to play down such a frank dismissal. Yet the message at the heart of the State House response could not be ignored. The Kenyan worm has turned — at last.
For years the Kenya Government did the bidding of the bwanas in Britain and bosses in Washington.
Whether boycotting the 1980 Moscow Olympics or being soft on apartheid, whether making deals that turned Mombasa into a US navy facility, or allowing north-east Kenya to become a vast training ground for British troops, State House could be counted on to meekly roll over and comply with West desires.
Those days have gone. And in making it clear that Europe no longer counts in the way it once did, I suspect that State House is reflecting a widely held view. As Iron Sharpens Iron, So one Man Sharpens Another.
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Rank: Member Joined: 6/21/2010 Posts: 514 Location: Nairobi
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a4architect.com wrote:@Quicksand..do you honestly believe the EU and USA are in this ICC hulabaloo for the good of Kenyans? If so, how come Uhuruto can command over 40% of electorate confidence? How come 40% of middle class tv voters as shown in the last presidential debate support Uhuru? This class is the most educated in Kenya. The ICC is simply a regime change tool so as to impose leaders who will allow the country's resources to be looted. The more kenya maintains minimal contact with the west, the more our economy improves. @a4architect.com, tribalism is the word. People still think through their tribes. As one politician correctly put it, "ethnicity is a disease of the elite" and i'll add "used to enhance impunity though perpetuated by the ignorant poor." 'They say money cannot buy me happiness but when i compare when i had none and now, i'm happier' Kevin O'leary
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Rank: Elder Joined: 3/2/2007 Posts: 8,776 Location: Cameroon
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^^^^^^ hahahaha a4arch, ati kenya flexed an emaciated muscle lol! Let me wake you up! Baks maintained a tight relationship with the west, but but expanded our frontiers further to the east, a clever move. To put it crudely, he EXPANDED CHINA'S MARKET for their products n services n loans. We still begged for aid from the west and you know it. Did china give us any aid? Did they import any finished good from us other than old batteries n scrap metal that is wrecking havoc on public property in form of vandalism? I have not seen more absurd thinking since the advent of multiparty. Kwani UHURU amedanganya watu kivipi? All I see is pure madness! TULIA.........UFUNZWE!
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Rank: Veteran Joined: 1/4/2010 Posts: 1,668 Location: nairobi
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@erifloss..i doubt if tribalism alone can be the bulk support for Uhuruto. If this was the case, then Karua,Kenneth,Muite, presidential candidates from central, could also be commanding some tribal votes from the same block. A majority of uhuruto followers are due to 1.their perceived anti west policy 2. Their manifesto As Iron Sharpens Iron, So one Man Sharpens Another.
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