Law Capping interest rates - Page 283 - Economy - Wazua

Welcome Guest

Wazua » Investor » Economy » Law Capping interest rates

Law Capping interest rates

Options

Previous Topic · Next Topic

mlennyma		#2821 Posted : Thursday, September 19, 2019 2:54:18 PM
Rank: Elder Joined: 7/21/2010 Posts: 6,194 Location: nairobi		I thought the courts gave this law 1year for being unconstitutional,was there any successful appeal? "Don't let the fear of losing be greater than the excitement of winning."
Back to top		WWW \|
User Profile

Baratang		#2822 Posted : Thursday, September 19, 2019 4:32:23 PM
Rank: Member Joined: 10/6/2009 Posts: 587		Fyatu wrote: Gathige wrote: Fyatu wrote: Can a slay queen be sent to Jude Njomo with the sole purpose of derailing him from making ammendments to the Banking act? If it happened to Linturi then it can happen to Njomo ama namna gani my friends? Akothee was in Parliament yesterday. Lets hope it works out
Back to top		\|
User Profile

Fyatu		#2823 Posted : Thursday, September 19, 2019 7:00:17 PM
Rank: Veteran Joined: 1/20/2011 Posts: 1,820 Location: Nakuru		mlennyma wrote: I thought the courts gave this law 1year for being unconstitutional,was there any successful appeal? Yes, true. The courts ruled the caps unconstitutional and recommended ammendments. Parliament has until March 2020 to change the wording of the Act. Looks like Jude Njomo/parliament might deliver by end of this month thus the need for some obstruction(Slay queen in Naivasha etc). Dumb money becomes dumb only when it listens to smart money
Back to top		\|
User Profile

Ericsson		#2824 Posted : Friday, September 20, 2019 11:13:18 AM
Rank: Elder Joined: 12/4/2009 Posts: 10,808 Location: NAIROBI		The real goal should be reduced government spending, rather than balanced budgets achieved by ever rising tax rates to cover ever rising spending. - Thomas Sowell Wealth is built through a relatively simple equation Wealth=Income + Investments - Lifestyle
Back to top		WWW \|
User Profile

Fyatu		#2825 Posted : Friday, September 27, 2019 2:04:28 PM
Rank: Veteran Joined: 1/20/2011 Posts: 1,820 Location: Nakuru		Fyatu wrote: mlennyma wrote: I thought the courts gave this law 1year for being unconstitutional,was there any successful appeal? Yes, true. The courts ruled the caps unconstitutional and recommended ammendments. Parliament has until March 2020 to change the wording of the Act. Looks like Jude Njomo/parliament might deliver by end of this month thus the need for some obstruction(Slay queen in Naivasha etc). Jude Njomo and team have delivered. The bill will be on Uhuru's desk come Monday. CBK governor was recently quoted saying that he was confident that the interest law cap would be repealed...."its not a question of if but when"... said the CBK boss.What does Dr. Opus know that wazuans don't know? Monday it is.. Dumb money becomes dumb only when it listens to smart money
Back to top		\|
User Profile

muandiwambeu		#2826 Posted : Saturday, September 28, 2019 4:21:43 AM
Rank: Veteran Joined: 8/28/2015 Posts: 1,247		Baratang wrote: Fyatu wrote: Gathige wrote: Fyatu wrote: Can a slay queen be sent to Jude Njomo with the sole purpose of derailing him from making ammendments to the Banking act? If it happened to Linturi then it can happen to Njomo ama namna gani my friends? Akothee was in Parliament yesterday. Lets hope it works out Praying for Njomo and the parliament in general to be sober at this moment of temptations, Akothee will keep her legs lip at this time of mutual need. ,Behold, a sower went forth to sow;....
Back to top		\|
User Profile

Sufficiently Philanga....thropic		#2827 Posted : Thursday, October 17, 2019 8:30:54 AM
Rank: Elder Joined: 9/23/2010 Posts: 2,225 Location: Sundowner,Amboseli		Back to laissez faire......as Ouru reportedly refuses to sign the Finance Bill until the rate cap is axed, according to CBG Njoroge https://www.bloomberg.co..._twitter_impression=true @SufficientlyP
Back to top		\|
User Profile

watesh		#2828 Posted : Thursday, October 17, 2019 8:35:57 AM
Rank: Veteran Joined: 8/10/2014 Posts: 992 Location: Kenya		[quote=Sufficiently Philanga....thropic]Back to laissez faire......as Ouru reportedly refuses to sign the Finance Bill until the rate cap is axed, according to CBG Njoroge https://www.bloomberg.co...twitter_impression=true[/quote] Looks like there is some dim light at the end of the tunnel
Back to top		WWW \|
User Profile

nairobby		#2829 Posted : Thursday, October 17, 2019 8:37:43 AM
Rank: Member Joined: 1/18/2019 Posts: 185 Location: kenya		[quote=Sufficiently Philanga....thropic]Back to laissez faire......as Ouru reportedly refuses to sign the Finance Bill until the rate cap is axed, according to CBG Njoroge https://www.bloomberg.co...twitter_impression=true[/quote]
Back to top		\|
User Profile

cyruskulei		#2830 Posted : Thursday, October 17, 2019 9:36:34 AM
Rank: Member Joined: 3/9/2010 Posts: 320 Location: kenya		nairobby wrote: [quote=Sufficiently Philanga....thropic]Back to laissez faire......as Ouru reportedly refuses to sign the Finance Bill until the rate cap is axed, according to CBG Njoroge https://www.bloomberg.co...twitter_impression=true[/quote] Coz he has stopped caring about anything but himself, The rate cap will be removed. Biashara iendele. Work hard at your job and you can make a living. Work hard on yourself and you can make a fortune.
Back to top		\|
User Profile

303 Pages«<281282283284285>»

Wazua » Investor » Economy » Law Capping interest rates

Forum Jump

You cannot post new topics in this forum.
You cannot reply to topics in this forum.
You cannot delete your posts in this forum.
You cannot edit your posts in this forum.
You cannot create polls in this forum.
You cannot vote in polls in this forum.

Watch this topic
Print this topic

Normal
Threaded