Wazua
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Law Capping interest rates
Rank: Elder Joined: 5/25/2012 Posts: 4,105 Location: 08c
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Pesa Nane plans to be shilingi when he grows up.
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Rank: Elder Joined: 6/23/2009 Posts: 14,217 Location: nairobi
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Spikes wrote:obiero wrote:mlennyma wrote:obiero wrote:murchr wrote:obiero wrote:Angelica _ann wrote:Wow KCB headed to 70bob!!! Kenya Govt and the People of Kenya are distinct Layman English please The law won’t be reversed to repeal is to abolish/anull a law or an act of parliament. .prophet obiero you mean this word was used wrongly ? I mean that it was a political response to IMF that will not garner real political support in the House. To repeal it cannot be via twitter feeds, this thing is hardcoded in wanjiku who prefers no debt to the mercinary rates that were being bandied by Kenyan banks It should be mercenary. The problem emanates from attending shithole schools where a young bugger used to receive instructions under a tree inside squalid makeshift structures. It was written.. MPs will not support the amendment via orders from above!
KQ ABP 4.26
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Rank: Veteran Joined: 1/20/2011 Posts: 1,820 Location: Nakuru
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Our(Kenyan) collective obsession with kizungu mingi na catwalk is something out of this world. Now CBK expect wanjiku to drop what she is doing and read the text in this report and send emails  Dumb money becomes dumb only when it listens to smart money
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Rank: Elder Joined: 7/26/2007 Posts: 6,514
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Only a retarded MP will vote to remove the cap...so that means the whole House will vote to remove it LOOOOOOOOOOOOOOOOOOOOOOOOOOOOOOOOOOOOOOOOOOOOOOOOOOOOOOOOOOOOOOOOOOOOOOOOOOOOOOOOL Business opportunities are like buses,there's always another one coming
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Rank: Elder Joined: 6/23/2009 Posts: 14,217 Location: nairobi
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Fyatu wrote:Our(Kenyan) collective obsession with kizungu mingi na catwalk is something out of this world. Now CBK expect wanjiku to drop what she is doing and read the text in this report and send emails @Fyatu but what was the essence of going to school if we are not ready to read?
KQ ABP 4.26
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Rank: Elder Joined: 6/23/2009 Posts: 14,217 Location: nairobi
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Fyatu wrote:Our(Kenyan) collective obsession with kizungu mingi na catwalk is something out of this world. Now CBK expect wanjiku to drop what she is doing and read the text in this report and send emails @Fyatu but what was the essence of going to school if we are not ready to read and write?
KQ ABP 4.26
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Rank: Member Joined: 5/6/2008 Posts: 199
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'Business Daily quoted Jude Njomo, the lawmaker behind the law and a member of parliament’s finance committee, as saying anyone calling for the repeal was wasting their time.' Kenyan lawmakers say interest cap to stay, finmin still sees change
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Rank: Member Joined: 2/20/2007 Posts: 767
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Fyatu wrote:Our(Kenyan) collective obsession with kizungu mingi na catwalk is something out of this world. Now CBK expect wanjiku to drop what she is doing and read the text in this report and send emails I will respond with my riverroad economic reasoning. I dont care what they think about it but I will surely have my say. 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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Rank: New-farer Joined: 2/8/2018 Posts: 73
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Since most MP's are known to be heavily indebted, thus due to self interest, its unlikely that they will repeal the interest capping law. I think that we will soon see a downward correction of banking stocks which have had a bullish run over the past few weeks.
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Rank: Elder Joined: 6/23/2009 Posts: 14,217 Location: nairobi
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RIEK01 wrote:Since most MP's are known to be heavily indebted, thus due to self interest, its unlikely that they will repeal the interest capping law. I think that we will soon see a downward correction of banking stocks which have had a bullish run over the past few weeks. Ditto
KQ ABP 4.26
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Law Capping interest rates
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