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Kenya Economy Watch
murchr
#381 Posted : Saturday, September 14, 2013 3:36:52 PM
Rank: Elder


Joined: 2/26/2012
Posts: 15,980
mkeiyd wrote:
murchr wrote:

1. Production costs - Brought about by energy costs, lack of superior technology(eg Webuye paper mills) or the lack of it. For crops the cost of raw material, fertilizer or the know how to go about production, variety of rawmaterial that would get higher yields etc

2. Poor infrastructure - Consider places with no roads or rail network. (Do you remember Kibaki's 2002 campaign) smile.

3. Subsidies yes...tena sana in form of grants etc.

4. Tax rebates
5. Unions...Remember when some tea farms wanted to introduce machines to pick tea and Atwoli went bananas? Some unions cripple organizations completely
6. Because most of our farmers are small scale farmers, they don't benefit from the economies of scale that may arise from production in large quantities. That's why they are encouraged to form sacco's and do communal farming. eg Kakuzi, mboi kamiti

Na kathalika

Everything is possible


@murchr. Now we are talking.
Before we start on the populists road of "ban mutumba" , BEFORE efficient production foundation is laid.
Once all the ills of production in our country are cured,then mutumba can be banned,even though it will be on its death bed.
By that time,local products will be cheaper and of better quality than the cheap imports and it would make sense to go local.


You must have been born yesterday, once upon a time, the local textile industry had booming business until the 90s came in. Isn't it embarrassing that we cant even make our inner wear? Sometimes if you want to go to the right direction you have to stop and make a u-turn
"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
.
Thiong'o
#382 Posted : Sunday, September 15, 2013 10:40:01 PM
Rank: Member


Joined: 10/14/2011
Posts: 661
mwekez@ji wrote:
Thiong'o wrote:
The World Bank and the World Economic Forum (WEF) have rated Kenya as the highest country in Sub-Saharan Africa in terms of economic policies and institutions, making the country one of the hottest destinations of foreign investment.
http://www.capitalfm.co.ke/busi...-best-africa-world-bank/


#Ready For Take Off


@mwekez@ji , do you believe this alternative analysis is a pointer to a country or sovereign risk?
http://www.standardmedia...cial-risks&pageNo=1
mwekez@ji
#383 Posted : Monday, September 16, 2013 12:22:06 AM
Rank: Chief


Joined: 5/31/2011
Posts: 5,121
Thiong'o wrote:
mwekez@ji wrote:
Thiong'o wrote:
The World Bank and the World Economic Forum (WEF) have rated Kenya as the highest country in Sub-Saharan Africa in terms of economic policies and institutions, making the country one of the hottest destinations of foreign investment.
http://www.capitalfm.co.ke/busi...-best-africa-world-bank/


#Ready For Take Off


@mwekez@ji , do you believe this alternative analysis is a pointer to a country or sovereign risk?
http://www.standardmedia.co.ke/...ncial-risks&pageNo=1


Debt from the East carries far more benefits than debt from the west. Also debt from the East does not carry the sovereign risk of the debt from West. Also to note is that KE debt is sustainable and for the benefit of development
mwekez@ji
#384 Posted : Monday, September 16, 2013 12:34:42 AM
Rank: Chief


Joined: 5/31/2011
Posts: 5,121
mwekez@ji wrote:
Thiong'o wrote:
mwekez@ji wrote:
Thiong'o wrote:
The World Bank and the World Economic Forum (WEF) have rated Kenya as the highest country in Sub-Saharan Africa in terms of economic policies and institutions, making the country one of the hottest destinations of foreign investment.
http://www.capitalfm.co.ke/busi...-best-africa-world-bank/


#Ready For Take Off


@mwekez@ji , do you believe this alternative analysis is a pointer to a country or sovereign risk?
http://www.standardmedia.co.ke/...ncial-risks&pageNo=1


Debt from the East carries far more benefits than debt from the west. Also debt from the East does not carry the sovereign risk of the debt from West. Also to note is that KE debt is sustainable and for the benefit of development


Citi tips Kenya to outgrow frontier status >>> http://www.businessdailyafrica....08/-/n67rx3/-/index.html
mwekez@ji
#385 Posted : Monday, September 16, 2013 8:33:49 AM
Rank: Chief


Joined: 5/31/2011
Posts: 5,121
Nairobi tops in African hotel investments


• 2013 Africa Pipeline Survey ranks Kenya the 5th most attractive African destination for international hoteliers.
mwekez@ji
#386 Posted : Monday, September 16, 2013 8:40:32 AM
Rank: Chief


Joined: 5/31/2011
Posts: 5,121
Marks & Spencer seeks more imports from Kenya


British retailer Marks & Spencer (M&S) has announced plans to step up import of Kenyan produce for sale in its stores, pointing to brighter prospects for thousands of farmers and entrepreneurs who supply goods to the UK chain.

The London-based department store bought Kenyan goods such as cut flowers, vegetables, tea and coffee worth Sh13.8 billion (£100million) last year, accounting for 10 per cent of trade between Kenya and the UK.

“The reason we have such a big business in Kenya is because of the great quality of products we get from here. We always want the best.” said Robert Swannell , chairman of M&S, in an interview with the Business Daily in Nairobi last week.

The UK is Kenya’s second-largest export market after Uganda; and consumes about 20 per cent of the country’s black tea, making it a key trade ally.

M&S is strengthening its Kenyan supply chain to drive growth of its food business, which makes up more than half or 54 per cent of its total revenue.
mwekez@ji
#387 Posted : Monday, September 16, 2013 8:48:08 AM
Rank: Chief


Joined: 5/31/2011
Posts: 5,121
Rotich clears way for AfDB bond sale


•Treasury secretary Henry Rotich grants African Development Bank (AfDB) special status that allows it to issue a corporate bond in Kenya.

•This paves the way for AfDB to issue a Kenya shilling denominated bond to ease the bank’s lending to local companies.
mwekez@ji
#388 Posted : Monday, September 16, 2013 8:51:15 AM
Rank: Chief


Joined: 5/31/2011
Posts: 5,121
Safaricom cuts Lipa na M-Pesa payments fee
by a third


Safaricom chief executive Bob Collymore said the move was aimed at reducing the cost of doing business in the country.

mwekez@ji
#389 Posted : Monday, September 16, 2013 9:06:07 AM
Rank: Chief


Joined: 5/31/2011
Posts: 5,121
mwekez@ji
#390 Posted : Monday, September 16, 2013 9:10:36 AM
Rank: Chief


Joined: 5/31/2011
Posts: 5,121
mwekez@ji
#391 Posted : Monday, September 16, 2013 9:15:22 AM
Rank: Chief


Joined: 5/31/2011
Posts: 5,121
Museveni
#392 Posted : Monday, September 16, 2013 9:25:04 AM
Rank: Member


Joined: 8/16/2012
Posts: 661
Grand project to expand cotton industry by 260pc in three years



Cc: @murchr @mkeiyd . . .
Live and learn; and don’t forget, nothing ventured, nothing gained.
symbols
#393 Posted : Monday, September 16, 2013 12:25:09 PM
Rank: Elder


Joined: 3/19/2013
Posts: 2,552
mwekez@ji wrote:
mwekez@ji wrote:
Thiong'o wrote:
mwekez@ji wrote:
Thiong'o wrote:
The World Bank and the World Economic Forum (WEF) have rated Kenya as the highest country in Sub-Saharan Africa in terms of economic policies and institutions, making the country one of the hottest destinations of foreign investment.
http://www.capitalfm.co.ke/busi...-best-africa-world-bank/


#Ready For Take Off


@mwekez@ji , do you believe this alternative analysis is a pointer to a country or sovereign risk?
http://www.standardmedia.co.ke/...ncial-risks&pageNo=1


Debt from the East carries far more benefits than debt from the west. Also debt from the East does not carry the sovereign risk of the debt from West. Also to note is that KE debt is sustainable and for the benefit of development


Citi tips Kenya to outgrow frontier status >>> http://www.businessdailyafrica....08/-/n67rx3/-/index.html


BRICKSsmile
symbols
#394 Posted : Monday, September 16, 2013 12:30:23 PM
Rank: Elder


Joined: 3/19/2013
Posts: 2,552
mkeiyd
#395 Posted : Monday, September 16, 2013 12:49:10 PM
Rank: Veteran


Joined: 3/26/2012
Posts: 1,182
Museveni wrote:
Grand project to expand cotton industry by 260pc in three years



Cc: @murchr @mkeiyd . . .


The first steps to get us there.
Siringi
#396 Posted : Monday, September 16, 2013 2:47:01 PM
Rank: Elder


Joined: 6/8/2013
Posts: 2,517
Balloning Public wage Bill we must take the bull by the horns

i saw Snr County Council Chairman Isaac Rutto Saying the same on TV sijaona link ya local press
kenyan-counties-move-to-axe-over-10000-ghost-workers

"😖😡KQ makes money for everyone except the shareholder 😏😏 " overheard in Wazua
josimar
#397 Posted : Monday, September 16, 2013 3:54:13 PM
Rank: Member


Joined: 7/6/2010
Posts: 242
http://www.the-star.co.k...isis-two-trillion-debt.

At birth every Kenyan child owes the government fifty thousand shillings. Reports show that Kenya's debt has risen from seven hundred and fifty million shillings in June 2005 to two trillion shillings by June 2013. Experts warn that unless reforms are made, we will plunge in to heavy debt leading to a crisis.

Red flags are always being raised but am yet to her the Garment address this issue.
ProverB
#398 Posted : Monday, September 16, 2013 5:29:33 PM
Rank: Veteran


Joined: 3/12/2010
Posts: 1,199
Location: Eastlander
josimar wrote:
http://www.the-star.co.ke/news/article-135977/kenya-risks-financial-crisis-two-trillion-debt.

At birth every Kenyan child owes the government fifty thousand shillings. Reports show that Kenya's debt has risen from seven hundred and fifty million shillings in June 2005 to two trillion shillings by June 2013. Experts warn that unless reforms are made, we will plunge in to heavy debt leading to a crisis.

Red flags are always being raised but am yet to her the Garment address this issue.


Ati "owes the government"?...Si I thought Government ndio ina owe creditors deni?

..the Govt owes debt..and since the public owns the Govt..the child therefore owes creditors of the GovtKE KES50,000.00...not the Govt.

#BasicEconomics
..Let your light so shine before men, that they may see your good works, and glorify your Father which is in heaven...Matt5:16
- 1769 Oxford King James Bible 'Authorized Version
Ericsson
#399 Posted : Monday, September 16, 2013 11:20:54 PM
Rank: Elder


Joined: 12/4/2009
Posts: 10,754
Location: NAIROBI
There will be nothing significant happening in the economic front as attention has shifted to the hague cases the two principals are facing
Wealth is built through a relatively simple equation
Wealth=Income + Investments - Lifestyle
symbols
#400 Posted : Tuesday, September 17, 2013 1:26:13 AM
Rank: Elder


Joined: 3/19/2013
Posts: 2,552
josimar wrote:
http://www.the-star.co.ke/news/article-135977/kenya-risks-financial-crisis-two-trillion-debt.

At birth every Kenyan child owes the government fifty thousand shillings. Reports show that Kenya's debt has risen from seven hundred and fifty million shillings in June 2005 to two trillion shillings by June 2013. Experts warn that unless reforms are made, we will plunge in to heavy debt leading to a crisis.

Red flags are always being raised but am yet to her the Garment address this issue.


Within certain limits I have no issue with debt.It's our capacity to repay the debts that should be addressed.Foreign investment in Kenya and the money generated from the resources are both good.

But,people always manage to find more expenses to accommodate an increase in income.It is important to track how we have managed&protected our income sources and also our income in relation to our expenses.Since we'll be using the debt to increase our capacity to repay it,efficiency should be a priority.
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