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Council turns to private capital in estates facelift
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2012
#11 Posted : Tuesday, March 22, 2011 4:10:55 PM
Rank: Elder

Joined: 12/9/2009
Posts: 6,592
Location: Nairobi
I would never touch it. Not before we fully transit to the new constitution anyway. I don't know anyone or anything with worser reputation than the NCC. Not even Hitler. This would transform Ngilu and her Water ministry into angels.

BBI will solve it :)
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Stealth
#12 Posted : Tuesday, March 22, 2011 4:36:04 PM
Rank: Member

Joined: 5/3/2010
Posts: 145
Location: East Africa
I wouldn't touch it even with a 50ft barge pole. The kanju can hardly manage its current resources, corruption is rife (although am told things are changing for the good), PR is pathetic.
I can't even fathom what would convince me to take part in this. I simply can't.
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Cde Monomotapa
#13 Posted : Tuesday, March 22, 2011 5:34:44 PM
Rank: Chief

Joined: 1/13/2011
Posts: 5,964
Wendz wrote:
Burning Spear wrote:
link iko hapa

http://www.businessdaily.../-/4k315iz/-/index.html

Jisomee


Halleluyah!! this is a good investment opportunity for the dare devils.... but, eeeeeh, i will let it pass.

LOL!! NCC would need a consortium of 10 PR firms before they pull this off on local investors and it better be asset backed coz enyewe NCC does have some serious real estate that can be redeveloped!!
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Gordon Gekko
#14 Posted : Tuesday, March 22, 2011 6:20:51 PM
Rank: Elder

Joined: 5/27/2008
Posts: 3,760
Crap. Nairobi is dead, killed by the counties. Jobs are moving to 46 different counties, who will be left in Nairobi?

Another point, Nairobi is also being killed by the emerging suburbs like Tatuu, Kitengela, Mavoko, etc. Proof? Look at Johannesburg. For those who have visited it, did you go to the city? No, because there is Sandton, Eastgate, Westgate etc.
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Cde Monomotapa
#15 Posted : Tuesday, March 22, 2011 7:55:16 PM
Rank: Chief

Joined: 1/13/2011
Posts: 5,964
Gordon Gekko wrote:
Crap. Nairobi is dead, killed by the counties. Jobs are moving to 46 different counties, who will be left in Nairobi?

Another point, Nairobi is also being killed by the emerging suburbs like Tatuu, Kitengela, Mavoko, etc. Proof? Look at Johannesburg. For those who have visited it, did you go to the city? No, because there is Sandton, Eastgate, Westgate etc.

Real talk and only KCB S&L has the lending capacity & requisite distribution network.
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Wa_ithaka
#16 Posted : Wednesday, March 23, 2011 8:46:52 AM
Rank: Veteran

Joined: 1/7/2010
Posts: 1,279
Location: nbi
If it had a good premium above the GoK bonds, I'd definitely jump in with both feet.
The Governor of Nyeri - 2017
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QD
#17 Posted : Wednesday, March 23, 2011 10:52:40 AM
Rank: Member

Joined: 8/5/2009
Posts: 597
It will be so hard to pull off this but i wish they get good advisers on how to entice the investing populace to take the bond.

One way they could organize for a sinking fund a/c. this would ensure at the end of the bond period its fully paid.

How ? they plan to use KRA to help in collecting their revenues, before they pass the funds KRA would deposit a %age to the sinking fund account.

Just saying.
The problem with the world is that the intelligent people are full of doubts while the stupid ones are full of confidence
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kangi
#18 Posted : Wednesday, March 23, 2011 5:58:15 PM
Rank: Member

Joined: 7/23/2009
Posts: 526
Wa_ithaka wrote:
If it had a good premium above the GoK bonds, I'd definitely jump in with both feet.


me too.
Accept no one's definition of your life; define your life.
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