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Law Capping interest rates
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wazuaguest
#2081 Posted : Monday, July 03, 2017 9:09:00 AM
Rank: Member

Joined: 2/9/2012
Posts: 576
SIdian CEO to exit
http://www.businessdaily...96744-q0gtb4z/index.html
Africa belongs to Africans.
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obiero
#2082 Posted : Monday, July 03, 2017 9:12:19 AM
Rank: Elder

Joined: 6/23/2009
Posts: 14,228
Location: nairobi
[quote=wazuaguest]SIdian CEO to exit
http://www.businessdaily...6744-q0gtb4z/index.html[/quote]
Things fall apart
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wukan
#2083 Posted : Monday, July 03, 2017 11:59:33 AM
Rank: Veteran

Joined: 11/13/2015
Posts: 1,654
We are now getting to see who was swimming nakedsmile smile

Quote:
Nakumatt,” the retail chain says, even as it blames new laws capping interest rates for its recent troubles.
Nakumatt says the laws, passed in August last year, have made it difficult to access the short- to medium-term credit it relied on to run the business.
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obiero
#2084 Posted : Monday, July 03, 2017 12:47:43 PM
Rank: Elder

Joined: 6/23/2009
Posts: 14,228
Location: nairobi
wukan wrote:
We are now getting to see who was swimming nakedsmile smile

Quote:
Nakumatt,” the retail chain says, even as it blames new laws capping interest rates for its recent troubles.
Nakumatt says the laws, passed in August last year, have made it difficult to access the short- to medium-term credit it relied on to run the business.

Kenya's economy is dying a quick and painful death

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Ericsson
#2085 Posted : Monday, July 03, 2017 12:54:15 PM
Rank: Elder

Joined: 12/4/2009
Posts: 10,809
Location: NAIROBI
Standard Chartered Bank of Kenya gives notice to close its branch in Kisii town
Wealth is built through a relatively simple equation
Wealth=Income + Investments - Lifestyle
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Angelica _ann
#2086 Posted : Monday, July 03, 2017 12:55:15 PM
Rank: Elder

Joined: 12/7/2012
Posts: 11,935
obiero wrote:
wukan wrote:
We are now getting to see who was swimming nakedsmile smile

Quote:
Nakumatt,” the retail chain says, even as it blames new laws capping interest rates for its recent troubles.
Nakumatt says the laws, passed in August last year, have made it difficult to access the short- to medium-term credit it relied on to run the business.

Kenya's economy is dying a quick and painful death


Nope, this guys siphoned money meant for operations at Nakumatt Sad Sad Sad
In the business world, everyone is paid in two coins - cash and experience. Take the experience first; the cash will come later - H Geneen
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obiero
#2087 Posted : Monday, July 03, 2017 1:00:08 PM
Rank: Elder

Joined: 6/23/2009
Posts: 14,228
Location: nairobi
Angelica _ann wrote:
obiero wrote:
wukan wrote:
We are now getting to see who was swimming nakedsmile smile

Quote:
Nakumatt,” the retail chain says, even as it blames new laws capping interest rates for its recent troubles.
Nakumatt says the laws, passed in August last year, have made it difficult to access the short- to medium-term credit it relied on to run the business.

Kenya's economy is dying a quick and painful death


Nope, this guys siphoned money meant for operations at Nakumatt Sad Sad Sad

Most companies are reporting reductions in staff count, others closing shop.. It's not only Nakumatt. Nikubaya

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obiero
#2088 Posted : Monday, July 03, 2017 10:38:01 PM
Rank: Elder

Joined: 6/23/2009
Posts: 14,228
Location: nairobi
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winston
#2089 Posted : Tuesday, July 04, 2017 10:36:09 AM
Rank: Member

Joined: 4/14/2010
Posts: 806
Location: Nairobi
Government is playing the see no evil, hear no evil card on this rate capping monster. Bleed as the economy may; credit squeeze as the banks may - nothing is moving Government on this in the short term.
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Ngalaka
#2090 Posted : Tuesday, July 04, 2017 10:51:27 AM
Rank: Veteran

Joined: 10/29/2008
Posts: 1,566
winston wrote:
Government is playing the see no evil, hear no evil card on this rate capping monster. Bleed as the economy may; credit squeeze as the banks may - nothing is moving Government on this in the short term.

As soon as the elections are behind us, the obvious, long overdue corrective action will be taken.
In the meantime, the economy may as well bleed all it wants, as in 'their' books, politics takes priority.
Isuni yilu yi maa me muyo - ni Mbisuu
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303 Pages«<207208209210211>»
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