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Kenya Economy Watch
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Ericsson
#2031 Posted : Monday, January 21, 2019 2:35:21 PM
Rank: Elder

Joined: 12/4/2009
Posts: 10,804
Location: NAIROBI
The government is having a cash crunch/liquidity issues.

https://www.businessdail...4210-7vpnmyz/index.html

https://www.businessdail...943256-qp4y8w/index.html
Wealth is built through a relatively simple equation
Wealth=Income + Investments - Lifestyle
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Muthawamunene
#2032 Posted : Monday, January 21, 2019 6:27:45 PM
Rank: Member

Joined: 1/3/2011
Posts: 264
Location: Nairobi
kenyan2019 wrote:
Shippers: ‘Forcing us to use trains is a WTO violation’ https://www.businessdail...42814-3s2y7g/index.html via @BD_Africa



Is anyone here familiar with the works of Ayn Rand? Books such as The Fountainhead and Atlas Shrugged?

In Atlas shrugged, do you remember the ridiculous equilaization laws? How they were phrased to make profit seeking seem like a vile thing that induced guilt and scorn? This is what the Kenyan government is doing.
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tom_boy
#2033 Posted : Monday, January 21, 2019 6:50:34 PM
Rank: Member

Joined: 2/20/2007
Posts: 767
[quote=Ericsson]The government is having a cash crunch/liquidity issues.

https://www.businessdail...4210-7vpnmyz/index.html

https://www.businessdail...after-budget-cuts/39462 .
They must find it difficult....... those who have taken authority as the truth, rather than truth as the authority. -G. Massey.
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  | | Edit by user: Monday, January 21, 2019 6:52 PM | Reason: Not specified
MugundaMan
#2034 Posted : Friday, January 25, 2019 10:33:24 AM
Rank: Elder

Joined: 1/8/2018
Posts: 2,212
Location: DC (Dustbowl County)
Kenya economy RED HAWTT Applause

https://www.nation.co.ke...duKH8ucngR9RzBhVbipX7uE

Ngelele makers keep crying tu till the cows come home. Kiinya inazidi kuzonga mbele.

Quote:
East Africa ranks as the fastest growing part of Sub-Saharan Africa, according to the UN’s World Economic Situation and Prospects 2019.

The report said overall economic expansion in EA measured 6.2 percent in 2018 and is forecast to accelerate to 6.4 percent (2019) and 6.5 percent in 2020.

Kenya’s economy grew by nearly six percent last year and will sustain that level in 2019 and 2020, the report said.











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  | | Edit by user: Friday, January 25, 2019 10:35 AM | Reason: Not specified
Ericsson
#2035 Posted : Tuesday, February 12, 2019 5:28:56 PM
Rank: Elder

Joined: 12/4/2009
Posts: 10,804
Location: NAIROBI
Kenya’s public debt increased by Sh233.5 billion between July and December last year, hitting a total of Sh5.273 trillion up from Sh5.039 trillion six months earlier.

Latest debt data published by Central Bank of Kenya (CBK) shows external loans went up by Sh163.5 billion in the period, significantly outpacing the Sh70 billion increase in domestic debt.

https://www.businessdail...8066-123qxbqz/index.html
Wealth is built through a relatively simple equation
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Ericsson
#2036 Posted : Tuesday, February 19, 2019 10:04:12 AM
Rank: Elder

Joined: 12/4/2009
Posts: 10,804
Location: NAIROBI
The fun times are here & it's time to pay up Repayments include: -Sh78.7bn loan at 8%, maturing in March 2019
-Sh37.1bn loan owed to TDB maturing in June 2019
-Sh75.0bn Eurobond issued in 2014, maturing in June 2019
-Sh21.4bn to France, China
Wealth is built through a relatively simple equation
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wukan
#2037 Posted : Tuesday, February 19, 2019 10:36:53 AM
Rank: Veteran

Joined: 11/13/2015
Posts: 1,653
Ericsson wrote:
The fun times are here & it's time to pay up Repayments include: -Sh78.7bn loan at 8%, maturing in March 2019
-Sh37.1bn loan owed to TDB maturing in June 2019
-Sh75.0bn Eurobond issued in 2014, maturing in June 2019
-Sh21.4bn to France, China


Tough year ahead. Cash is still king. Don't lend out your cash.
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Ericsson
#2038 Posted : Saturday, February 23, 2019 3:20:06 PM
Rank: Elder

Joined: 12/4/2009
Posts: 10,804
Location: NAIROBI
Debt to GDP ratio is not a good parameter since political leaders/Jubilee will keep on churning inaccurate GDP numbers that make it look sustainable comparatively. The best way is to look at repayment ability ala debt sustainability and see where we are headed as a country.
Wealth is built through a relatively simple equation
Wealth=Income + Investments - Lifestyle
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murchr
#2039 Posted : Saturday, February 23, 2019 11:13:19 PM
Rank: Elder

Joined: 2/26/2012
Posts: 15,980
Ericsson wrote:
Debt to GDP ratio is not a good parameter since political leaders/Jubilee will keep on churning inaccurate GDP numbers that make it look sustainable comparatively. The best way is to look at repayment ability ala debt sustainability and see where we are headed as a country.



I thought the world bank churns that data? Is the data different from the one by CIA?
"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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Ericsson
#2040 Posted : Sunday, February 24, 2019 8:17:33 AM
Rank: Elder

Joined: 12/4/2009
Posts: 10,804
Location: NAIROBI
https://www.standardmedi...osses-loom-at-varsities

Universities have pitched a strong case to increase fees to Sh48,000 from September this year even as the Ministry of Education rolled over the push with far-reaching cost cutting counter-measures.
Wealth is built through a relatively simple equation
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