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Law Capping interest rates
Rank: Elder Joined: 6/23/2009 Posts: 14,217 Location: nairobi
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murchr wrote:mlennyma wrote:Dead,burial plans underway  Not soo fast. Hold on and observe. Hapa ndio watu hupigwa kumbo
KQ ABP 4.26
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Rank: Elder Joined: 12/4/2009 Posts: 10,804 Location: NAIROBI
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obiero wrote:murchr wrote:mlennyma wrote:Dead,burial plans underway Not soo fast. Hold on and observe. Hapa ndio watu hupigwa kumbo And GOK intends to borrow heavily from the domestic market Wealth is built through a relatively simple equation
Wealth=Income + Investments - Lifestyle
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Rank: Member Joined: 12/1/2007 Posts: 539 Location: Nakuru
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obiero wrote:murchr wrote:mlennyma wrote:Dead,burial plans underway Not soo fast. Hold on and observe. Hapa ndio watu hupigwa kumbo Widest disparity in budgets are seen in a pre an immediate post election budget. All populist measures must go For investors as a whole, returns decrease as motion increases ~ WB
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Rank: Member Joined: 7/1/2009 Posts: 272
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winmak wrote:obiero wrote:murchr wrote:mlennyma wrote:Dead,burial plans underway Not soo fast. Hold on and observe. Hapa ndio watu hupigwa kumbo Widest disparity in budgets are seen in a pre an immediate post election budget. All populist measures must go It's going to be interesting to see how the SME sector deals with the latest blow, the presumptive tax in Jan 2019, to be able to renew their Business permits. They still have no access to credit from Banks to pay the tax upfront.
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Rank: Elder Joined: 6/23/2009 Posts: 14,217 Location: nairobi
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Monk wrote:winmak wrote:obiero wrote:murchr wrote:mlennyma wrote:Dead,burial plans underway Not soo fast. Hold on and observe. Hapa ndio watu hupigwa kumbo Widest disparity in budgets are seen in a pre an immediate post election budget. All populist measures must go It's going to be interesting to see how the SME sector deals with the latest blow, the presumptive tax in Jan 2019, to be able to renew their Business permits. They still have no access to credit from Banks to pay the tax upfront. Plus when withdrawing KES 500,000 or more the government will keep 0.05% as Robin Hood tax! WTF! Meanwhile, rate cap is here to stay. All the noise being made is deflectionary to keep IMF happy
KQ ABP 4.26
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Rank: Chief Joined: 5/31/2011 Posts: 5,121
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obiero wrote:Monk wrote:winmak wrote:obiero wrote:murchr wrote:mlennyma wrote:Dead,burial plans underway Not soo fast. Hold on and observe. Hapa ndio watu hupigwa kumbo Widest disparity in budgets are seen in a pre an immediate post election budget. All populist measures must go It's going to be interesting to see how the SME sector deals with the latest blow, the presumptive tax in Jan 2019, to be able to renew their Business permits. They still have no access to credit from Banks to pay the tax upfront. Plus when withdrawing KES 500,000 or more the government will keep 0.05% as Robin Hood tax! WTF! Meanwhile, rate cap is here to stay. All the noise being made is deflectionary to keep IMF happy The Robin Hood Tax of 0.05% is to apply in transfers of money. Not on withdrawal. In respect to repeal of interest rate caps, it's only parliament which is not supporting it. These caps have killed access to credit for SMEs and mwananchi.
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Rank: Chief Joined: 5/31/2011 Posts: 5,121
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mwekez@ji wrote:obiero wrote:Monk wrote:winmak wrote:obiero wrote:murchr wrote:mlennyma wrote:Dead,burial plans underway Not soo fast. Hold on and observe. Hapa ndio watu hupigwa kumbo Widest disparity in budgets are seen in a pre an immediate post election budget. All populist measures must go It's going to be interesting to see how the SME sector deals with the latest blow, the presumptive tax in Jan 2019, to be able to renew their Business permits. They still have no access to credit from Banks to pay the tax upfront. Plus when withdrawing KES 500,000 or more the government will keep 0.05% as Robin Hood tax! WTF! Meanwhile, rate cap is here to stay. All the noise being made is deflectionary to keep IMF happy The Robin Hood Tax of 0.05% is to apply in transfers of money. Not on withdrawal. In respect to repeal of interest rate caps, it's only parliament which is not supporting it. These caps have killed access to credit for SMEs and mwananchi. And this Robin Hood tax should have been set from 1M and above. 500,000/- is quite low
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Rank: Elder Joined: 6/23/2009 Posts: 14,217 Location: nairobi
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mwekez@ji wrote:mwekez@ji wrote:obiero wrote:Monk wrote:winmak wrote:obiero wrote:murchr wrote:mlennyma wrote:Dead,burial plans underway Not soo fast. Hold on and observe. Hapa ndio watu hupigwa kumbo Widest disparity in budgets are seen in a pre an immediate post election budget. All populist measures must go It's going to be interesting to see how the SME sector deals with the latest blow, the presumptive tax in Jan 2019, to be able to renew their Business permits. They still have no access to credit from Banks to pay the tax upfront. Plus when withdrawing KES 500,000 or more the government will keep 0.05% as Robin Hood tax! WTF! Meanwhile, rate cap is here to stay. All the noise being made is deflectionary to keep IMF happy The Robin Hood Tax of 0.05% is to apply in transfers of money. Not on withdrawal. In respect to repeal of interest rate caps, it's only parliament which is not supporting it. These caps have killed access to credit for SMEs and mwananchi. And this Robin Hood tax should have been set from 1M and above. 500,000/- is quite low So a transfer is not a withdrawal in your world?
KQ ABP 4.26
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Rank: Chief Joined: 5/31/2011 Posts: 5,121
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obiero wrote:mwekez@ji wrote:mwekez@ji wrote:obiero wrote:Monk wrote:winmak wrote:obiero wrote:murchr wrote:mlennyma wrote:Dead,burial plans underway Not soo fast. Hold on and observe. Hapa ndio watu hupigwa kumbo Widest disparity in budgets are seen in a pre an immediate post election budget. All populist measures must go It's going to be interesting to see how the SME sector deals with the latest blow, the presumptive tax in Jan 2019, to be able to renew their Business permits. They still have no access to credit from Banks to pay the tax upfront. Plus when withdrawing KES 500,000 or more the government will keep 0.05% as Robin Hood tax! WTF! Meanwhile, rate cap is here to stay. All the noise being made is deflectionary to keep IMF happy The Robin Hood Tax of 0.05% is to apply in transfers of money. Not on withdrawal. In respect to repeal of interest rate caps, it's only parliament which is not supporting it. These caps have killed access to credit for SMEs and mwananchi. And this Robin Hood tax should have been set from 1M and above. 500,000/- is quite low So a transfer is not a withdrawal in your world? To me transfer is TT, RTGS, EFT, etc. Over the counter withdrawal does not qualify in my world as a transfer
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Rank: Member Joined: 10/6/2009 Posts: 587
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mwekez@ji wrote:obiero wrote:Monk wrote:winmak wrote:obiero wrote:murchr wrote:mlennyma wrote:Dead,burial plans underway Not soo fast. Hold on and observe. Hapa ndio watu hupigwa kumbo Widest disparity in budgets are seen in a pre an immediate post election budget. All populist measures must go It's going to be interesting to see how the SME sector deals with the latest blow, the presumptive tax in Jan 2019, to be able to renew their Business permits. They still have no access to credit from Banks to pay the tax upfront. Plus when withdrawing KES 500,000 or more the government will keep 0.05% as Robin Hood tax! WTF! Meanwhile, rate cap is here to stay. All the noise being made is deflectionary to keep IMF happy The Robin Hood Tax of 0.05% is to apply in transfers of money. Not on withdrawal. In respect to repeal of interest rate caps, it's only parliament which is not supporting it. These caps have killed access to credit for SMEs and mwananchi. @Mwekez@ji...I think you don't live in Kenya my fren. Just go down to the roots and ask the people individually and you will see how how much of an analyst you are 
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