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Kenya Economy Watch
Rank: Veteran Joined: 10/9/2006 Posts: 1,502
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Ericsson wrote:@mwekez@ji,@GGK;
The Kenyan GDP is around ksh.3.6 trillion or about $41 billion.
My calculations are ok. Meaning Aliko Dangote and Zukernberg can buy Kenya with enough remaining to clear the debt work to prosper
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Rank: Elder Joined: 2/26/2012 Posts: 15,980
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Tokyo wrote:Ericsson wrote:@mwekez@ji,@GGK;
The Kenyan GDP is around ksh.3.6 trillion or about $41 billion.
My calculations are ok. Meaning Aliko Dangote and Zukernberg can buy Kenya with enough remaining to clear the debt I dont think so "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: Elder Joined: 2/26/2012 Posts: 15,980
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PPS wrote:President Kenyatta to SMEs: List on Nairobi bourse
By Kazungu Chai
SHENZHEN, China, 23 Aug 2013 (PSCU) -President Uhuru Kenyatta has encouraged more Kenyan Small and Medium Enterprises (SMEs) to list on the Nairobi Stock Exchange (NSE) to fund their expansion.
President Kenyatta said increased SMEs activity at the bourse would consolidate Kenya’s position as a regional financial hub.
“We are committed to involving the SMEs in our quest to strengthen Nairobi’s capacity to meet the East and Central Africa region’s demand for financial services,” the President said after a visit to the Shenzhen Stock Exchange (SZSE).“SMEs are the backbone of innovation and are crucial to provision of homegrown solutions to some of the economic challenges facing our country,” the President said.
He urged the young people to take advantage of the thriving Information Technology industry in Kenya to start, expand and list SMEs at the NSE.
This, the President said, would go a long way in creating employment.
President Kenyatta observed that the impressive growth of SZSE was driven by unity of purpose, focus, discipline and hard work. He asked Kenyans to embrace the same values in order to succeed in their socio-economic
aspirations. "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: Elder Joined: 3/19/2013 Posts: 2,552
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murchr wrote:PPS wrote:President Kenyatta to SMEs: List on Nairobi bourse
By Kazungu Chai
SHENZHEN, China, 23 Aug 2013 (PSCU) -President Uhuru Kenyatta has encouraged more Kenyan Small and Medium Enterprises (SMEs) to list on the Nairobi Stock Exchange (NSE) to fund their expansion.
President Kenyatta said increased SMEs activity at the bourse would consolidate Kenya’s position as a regional financial hub.
“We are committed to involving the SMEs in our quest to strengthen Nairobi’s capacity to meet the East and Central Africa region’s demand for financial services,” the President said after a visit to the Shenzhen Stock Exchange (SZSE).“SMEs are the backbone of innovation and are crucial to provision of homegrown solutions to some of the economic challenges facing our country,” the President said.
He urged the young people to take advantage of the thriving Information Technology industry in Kenya to start, expand and list SMEs at the NSE.
This, the President said, would go a long way in creating employment.
President Kenyatta observed that the impressive growth of SZSE was driven by unity of purpose, focus, discipline and hard work. He asked Kenyans to embrace the same values in order to succeed in their socio-economic
aspirations. Difficult to achieve yet so fruitful.
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Rank: Veteran Joined: 10/9/2006 Posts: 1,502
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Tokyo wrote:Ericsson wrote:@mwekez@ji,@GGK;
The Kenyan GDP is around ksh.3.6 trillion or about $41 billion.
My calculations are ok. Meaning Aliko Dangote and Zukernberg can buy Kenya with enough remaining to clear the debt Theoretically possible. The 2 gentlemen combined are worth more than $41B. work to prosper
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Rank: Elder Joined: 2/26/2012 Posts: 15,980
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Tokyo wrote:Tokyo wrote:Ericsson wrote:@mwekez@ji,@GGK;
The Kenyan GDP is around ksh.3.6 trillion or about $41 billion.
My calculations are ok. Meaning Aliko Dangote and Zukernberg can buy Kenya with enough remaining to clear the debt Theoretically possible. The 2 gentlemen combined are worth more than $41B. The last time i checked $20 + $3 was not equal to $41   "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: Chief Joined: 5/31/2011 Posts: 5,121
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mwekez@ji wrote:Ericsson wrote:@mwekez@ji,@GGK;
The Kenyan GDP is around ksh.3.6 trillion or about $41 billion.
My calculations are ok. Link to the official data pls?
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Rank: Veteran Joined: 10/9/2006 Posts: 1,502
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murchr wrote:Tokyo wrote:Tokyo wrote:Ericsson wrote:@mwekez@ji,@GGK;
The Kenyan GDP is around ksh.3.6 trillion or about $41 billion.
My calculations are ok. Meaning Aliko Dangote and Zukernberg can buy Kenya with enough remaining to clear the debt Theoretically possible. The 2 gentlemen combined are worth more than $41B. The last time i checked $20 + $3 was not equal to $41 20+13=$33B=2011 Kenyan GDP 2012=$37,B 2013=$40.56 estimate work to prosper
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Rank: Elder Joined: 3/2/2007 Posts: 8,776 Location: Cameroon
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mwekez@ji wrote:the deal wrote:mwekez@ji wrote:the deal wrote:mwekez@ji wrote:the deal wrote:mwekez@ji wrote:the deal wrote:mwekez@ji wrote:the deal wrote:Debt to GDP can be 200%...its the ability to service debt that counts. You are kidding, right? ... You know Kenya has good capacity to service debt, right? What nonsense is this? Where did I say Kenya cant service its debt....If you dont get something just ask... You are indeed a kid!!! You should know how to communicate and for that reason, am done with you!!! Thats good  Kid!!! ... I now understand why @KingG rated you very lowly Not really...I cant remember him doing that....and I dont need anyone to rate me? Why should someone rate me? Plz explain? delete @KingG insert @Mukiri. I shouldn't explain anything to you. Find your path of growing up!!! I think the person who needs to grow up is you....the way you reason....If you say you are grown up...you must have skipped a stage....the @mukiri fellow has sent me numerous msgs on fb & gmail...if i dont respond to someone...why should anybody be mad? SMH ................................................................................ /End Who won? TULIA.........UFUNZWE!
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Rank: Chief Joined: 5/31/2011 Posts: 5,121
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symbols wrote:murchr wrote:PPS wrote:President Kenyatta to SMEs: List on Nairobi bourse
By Kazungu Chai
SHENZHEN, China, 23 Aug 2013 (PSCU) -President Uhuru Kenyatta has encouraged more Kenyan Small and Medium Enterprises (SMEs) to list on the Nairobi Stock Exchange (NSE) to fund their expansion.
President Kenyatta said increased SMEs activity at the bourse would consolidate Kenya’s position as a regional financial hub.
“We are committed to involving the SMEs in our quest to strengthen Nairobi’s capacity to meet the East and Central Africa region’s demand for financial services,” the President said after a visit to the Shenzhen Stock Exchange (SZSE).“SMEs are the backbone of innovation and are crucial to provision of homegrown solutions to some of the economic challenges facing our country,” the President said.
He urged the young people to take advantage of the thriving Information Technology industry in Kenya to start, expand and list SMEs at the NSE.
This, the President said, would go a long way in creating employment.
President Kenyatta observed that the impressive growth of SZSE was driven by unity of purpose, focus, discipline and hard work. He asked Kenyans to embrace the same values in order to succeed in their socio-economic
aspirations. Difficult to achieve yet so fruitful. ... may we achieve ... #GEMS (Growth Enterprise Market)
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Rank: Elder Joined: 2/26/2012 Posts: 15,980
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Tokyo wrote:murchr wrote:Tokyo wrote:Tokyo wrote:Ericsson wrote:@mwekez@ji,@GGK;
The Kenyan GDP is around ksh.3.6 trillion or about $41 billion.
My calculations are ok. Meaning Aliko Dangote and Zukernberg can buy Kenya with enough remaining to clear the debt Theoretically possible. The 2 gentlemen combined are worth more than $41B. The last time i checked $20 + $3 was not equal to $41 20+13=$33B=2011 Kenyan GDP 2012=$37,B 2013=$40.56 estimate Aaiii!!!!!! hii ndio spinning?? "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: Chief Joined: 5/31/2011 Posts: 5,121
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Kenya to host conference on giraffes Monday *applause* *tuko juu* *dint know the below stats* Dr. Charles Musyoki, Senior Scientist Department of Species Research Programs KWS notes that there are nine sub-species of giraffes naturally occurring in the African continent with Kenya being the only country with three of the sub-species. “Given Kenya’s heritage in terms of giraffe diversity, it is fitting that we will become the first country to develop the first ever conservation strategy dedicated solely to giraffes anywhere on the African continent,” he said. He said Kenya has a high stake in the preservation of giraffes since ‘it is home to about 60% of the global population of wild Rothschild’s giraffe with Ruma National Park having the single largest meta-population (140+ individuals)’. The conference with participants from Africa, Europe and America also aims at developing the first ever conservation strategy for giraffes.
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Rank: Chief Joined: 1/13/2011 Posts: 5,964
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Ministry of Foreign Affairs and International Trade · 331 like this
14 hours ago ·
Uhuru to launch new port berth in Mombasa
President Uhuru Kenyatta will on Wednesday commission a new berth to ease congestion at the port of Mombasa at a ceremony to be attended by Presidents Yoweri Museveni of Uganda and Paul Kagame of Rwanda.
The new facility will increase the port’s container handling capacity by 200,000 twenty-foot equivalent units (TEUs)containers a year.
Berth 19 will allow three Panamax vessels of up to 250 metres in length to unload containers at any given moment.
The Sh5.8 billion project includes an additional 15-acre staking yard that adds a further capacity of 200,000 TEUs per annum.
Kenya Ports Authority managing director Gichiri Ndua said the new 240-metre long berth brings the length of the quay at the busy contaioner terminal to 840 metres.
Mr Ndua said the new berth is one of two key Vision 2030 flagship projects launched in July 2011 and said it would speed up the delivery of cargo to Kenya, Uganda, Rwanda, Burundi, DRC, northern Tanzania, South Sudan, Ethiopia and Somalia.
The KPA boss said container traffic through the port of Mombasa has increased a thousand-fold from the recorded 903,463 TEUs in 2012 compared to 9,093 TEUs in 1978. The port was originally designed to handle 250,000 TEUs.
The construction of the second container terminal is ongoing and divided into two phases. Berths 20 and 21, measuring 350 metres and 250 metres respectively and 15 metres deep, are expected to be ready by the end of 2015.
Possible benefactors?
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Rank: Chief Joined: 5/31/2011 Posts: 5,121
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Cde Monomotapa wrote:Ministry of Foreign Affairs and International Trade · 331 like this
14 hours ago ·
Uhuru to launch new port berth in Mombasa
President Uhuru Kenyatta will on Wednesday commission a new berth to ease congestion at the port of Mombasa at a ceremony to be attended by Presidents Yoweri Museveni of Uganda and Paul Kagame of Rwanda.
The new facility will increase the port’s container handling capacity by 200,000 twenty-foot equivalent units (TEUs)containers a year.
Berth 19 will allow three Panamax vessels of up to 250 metres in length to unload containers at any given moment.
The Sh5.8 billion project includes an additional 15-acre staking yard that adds a further capacity of 200,000 TEUs per annum.
Kenya Ports Authority managing director Gichiri Ndua said the new 240-metre long berth brings the length of the quay at the busy contaioner terminal to 840 metres.
Mr Ndua said the new berth is one of two key Vision 2030 flagship projects launched in July 2011 and said it would speed up the delivery of cargo to Kenya, Uganda, Rwanda, Burundi, DRC, northern Tanzania, South Sudan, Ethiopia and Somalia.
The KPA boss said container traffic through the port of Mombasa has increased a thousand-fold from the recorded 903,463 TEUs in 2012 compared to 9,093 TEUs in 1978. The port was originally designed to handle 250,000 TEUs.
The construction of the second container terminal is ongoing and divided into two phases. Berths 20 and 21, measuring 350 metres and 250 metres respectively and 15 metres deep, are expected to be ready by the end of 2015.
Possible benefactors?
EAC + DRC + SS + Ethiopia + part of Somalia (minus the TZ brothers who dont like us) ... the new berth will raise the mombasa port capacity by 33 per cent 
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Rank: Veteran Joined: 3/26/2012 Posts: 1,182
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Cde Monomotapa wrote:Ministry of Foreign Affairs and International Trade · 331 like this
14 hours ago ·
Uhuru to launch new port berth in Mombasa
President Uhuru Kenyatta will on Wednesday commission a new berth to ease congestion at the port of Mombasa at a ceremony to be attended by Presidents Yoweri Museveni of Uganda and Paul Kagame of Rwanda.
The new facility will increase the port’s container handling capacity by 200,000 twenty-foot equivalent units (TEUs)containers a year.
Berth 19 will allow three Panamax vessels of up to 250 metres in length to unload containers at any given moment.
The Sh5.8 billion project includes an additional 15-acre staking yard that adds a further capacity of 200,000 TEUs per annum.
Kenya Ports Authority managing director Gichiri Ndua said the new 240-metre long berth brings the length of the quay at the busy contaioner terminal to 840 metres.
Mr Ndua said the new berth is one of two key Vision 2030 flagship projects launched in July 2011 and said it would speed up the delivery of cargo to Kenya, Uganda, Rwanda, Burundi, DRC, northern Tanzania, South Sudan, Ethiopia and Somalia.
The KPA boss said container traffic through the port of Mombasa has increased a thousand-fold from the recorded 903,463 TEUs in 2012 compared to 9,093 TEUs in 1978. The port was originally designed to handle 250,000 TEUs.
The construction of the second container terminal is ongoing and divided into two phases. Berths 20 and 21, measuring 350 metres and 250 metres respectively and 15 metres deep, are expected to be ready by the end of 2015.
-----------Possible benefactors?
Tranny's Civicon?
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Rank: Chief Joined: 1/13/2011 Posts: 5,964
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mwekez@ji wrote:Cde Monomotapa wrote:Ministry of Foreign Affairs and International Trade · 331 like this
14 hours ago ·
Uhuru to launch new port berth in Mombasa
President Uhuru Kenyatta will on Wednesday commission a new berth to ease congestion at the port of Mombasa at a ceremony to be attended by Presidents Yoweri Museveni of Uganda and Paul Kagame of Rwanda.
The new facility will increase the port’s container handling capacity by 200,000 twenty-foot equivalent units (TEUs)containers a year.
Berth 19 will allow three Panamax vessels of up to 250 metres in length to unload containers at any given moment.
The Sh5.8 billion project includes an additional 15-acre staking yard that adds a further capacity of 200,000 TEUs per annum.
Kenya Ports Authority managing director Gichiri Ndua said the new 240-metre long berth brings the length of the quay at the busy contaioner terminal to 840 metres.
Mr Ndua said the new berth is one of two key Vision 2030 flagship projects launched in July 2011 and said it would speed up the delivery of cargo to Kenya, Uganda, Rwanda, Burundi, DRC, northern Tanzania, South Sudan, Ethiopia and Somalia.
The KPA boss said container traffic through the port of Mombasa has increased a thousand-fold from the recorded 903,463 TEUs in 2012 compared to 9,093 TEUs in 1978. The port was originally designed to handle 250,000 TEUs.
The construction of the second container terminal is ongoing and divided into two phases. Berths 20 and 21, measuring 350 metres and 250 metres respectively and 15 metres deep, are expected to be ready by the end of 2015.
Possible benefactors?
EAC + DRC + SS + Ethiopia + part of Somalia (minus the TZ brothers who dont like us) ... the new berth will raise the mombasa port capacity by 33 per cent OK. Now we have to step it down to the NSE. Direct and in-direct benefactors if any.
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Rank: Chief Joined: 5/31/2011 Posts: 5,121
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Cde Monomotapa wrote:mwekez@ji wrote:Cde Monomotapa wrote:Ministry of Foreign Affairs and International Trade · 331 like this
14 hours ago ·
Uhuru to launch new port berth in Mombasa
President Uhuru Kenyatta will on Wednesday commission a new berth to ease congestion at the port of Mombasa at a ceremony to be attended by Presidents Yoweri Museveni of Uganda and Paul Kagame of Rwanda.
The new facility will increase the port’s container handling capacity by 200,000 twenty-foot equivalent units (TEUs)containers a year.
Berth 19 will allow three Panamax vessels of up to 250 metres in length to unload containers at any given moment.
The Sh5.8 billion project includes an additional 15-acre staking yard that adds a further capacity of 200,000 TEUs per annum.
Kenya Ports Authority managing director Gichiri Ndua said the new 240-metre long berth brings the length of the quay at the busy contaioner terminal to 840 metres.
Mr Ndua said the new berth is one of two key Vision 2030 flagship projects launched in July 2011 and said it would speed up the delivery of cargo to Kenya, Uganda, Rwanda, Burundi, DRC, northern Tanzania, South Sudan, Ethiopia and Somalia.
The KPA boss said container traffic through the port of Mombasa has increased a thousand-fold from the recorded 903,463 TEUs in 2012 compared to 9,093 TEUs in 1978. The port was originally designed to handle 250,000 TEUs.
The construction of the second container terminal is ongoing and divided into two phases. Berths 20 and 21, measuring 350 metres and 250 metres respectively and 15 metres deep, are expected to be ready by the end of 2015.
Possible benefactors?
EAC + DRC + SS + Ethiopia + part of Somalia (minus the TZ brothers who dont like us) ... the new berth will raise the mombasa port capacity by 33 per cent OK. Now we have to step it down to the NSE. Direct and in-direct benefactors if any. Cheers. I see ^mkeiyd în the microeconomics side. Over to others
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Rank: Chief Joined: 1/13/2011 Posts: 5,964
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OK. IMHO, in the normal course of things, this should spur more trade/activity and hence, transporters (road & rail) should do more, financiers, insurers as usual & importers-manufacturers etc.
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Rank: Elder Joined: 6/2/2011 Posts: 4,818 Location: -1.2107, 36.8831
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Cde Monomotapa wrote:mwekez@ji wrote:Cde Monomotapa wrote:Ministry of Foreign Affairs and International Trade · 331 like this
14 hours ago ·
Uhuru to launch new port berth in Mombasa
President Uhuru Kenyatta will on Wednesday commission a new berth to ease congestion at the port of Mombasa at a ceremony to be attended by Presidents Yoweri Museveni of Uganda and Paul Kagame of Rwanda.
The new facility will increase the port’s container handling capacity by 200,000 twenty-foot equivalent units (TEUs)containers a year.
Berth 19 will allow three Panamax vessels of up to 250 metres in length to unload containers at any given moment.
The Sh5.8 billion project includes an additional 15-acre staking yard that adds a further capacity of 200,000 TEUs per annum.
Kenya Ports Authority managing director Gichiri Ndua said the new 240-metre long berth brings the length of the quay at the busy contaioner terminal to 840 metres.
Mr Ndua said the new berth is one of two key Vision 2030 flagship projects launched in July 2011 and said it would speed up the delivery of cargo to Kenya, Uganda, Rwanda, Burundi, DRC, northern Tanzania, South Sudan, Ethiopia and Somalia.
The KPA boss said container traffic through the port of Mombasa has increased a thousand-fold from the recorded 903,463 TEUs in 2012 compared to 9,093 TEUs in 1978. The port was originally designed to handle 250,000 TEUs.
The construction of the second container terminal is ongoing and divided into two phases. Berths 20 and 21, measuring 350 metres and 250 metres respectively and 15 metres deep, are expected to be ready by the end of 2015.
Possible benefactors?
EAC + DRC + SS + Ethiopia + part of Somalia (minus the TZ brothers who dont like us) ... the new berth will raise the mombasa port capacity by 33 per cent OK. Now we have to step it down to the NSE. Direct and in-direct benefactors if any. EXPRESS Receive with simplicity everything that happens to you.” ― Rashi
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Rank: Chief Joined: 8/4/2010 Posts: 8,977
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Interesting read - http://www.businessdaily...8/-/11du9yi/-/index.html$15/barrel oil... The commodities lehman moment arrives as well as Sovereign debt volcano!
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