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Blukes		#2901 Posted : Wednesday, October 30, 2019 10:31:46 AM
Rank: New-farer Joined: 3/9/2019 Posts: 22 Location: Nakuru		nice one Superprime1 wrote: FUNKY wrote: https://www.nation.co.ke/news/MPs-agree-with-Uhuru-on-repealing-interest-caps/1056-5329594-view-asAMP-hnccjxz/index.html?__twitter_impression=true Of course, what did we expect: after the NIC-CBA merger; it's time for the investment to make money. Parte after parte Down we mash up the place Parte after parte Down we mash up the place Parte after parte Down we mash up the place Mash up the place Big Trill on the beats Mash up the place
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Sufficiently Philanga....thropic		#2902 Posted : Wednesday, October 30, 2019 10:39:20 AM
Rank: Elder Joined: 9/23/2010 Posts: 2,225 Location: Sundowner,Amboseli		FUNKY wrote: https://www.nation.co.ke/news/MPs-agree-with-Uhuru-on-repealing-interest-caps/1056-5329594-view-asAMP-hnccjxz/index.html?__twitter_impression=true Prayers have been answered. Time to flush those rate caps down the toilet! @SufficientlyP
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MaichBlack		#2903 Posted : Wednesday, October 30, 2019 10:41:16 AM
Rank: Elder Joined: 7/22/2009 Posts: 7,838		newfarer wrote: MaichBlack wrote: newfarer wrote: “Notwithstanding the repeal of section 33 B, any agreement or arrangement to borrow or lend which was made or entered into...shall continue to be in force on such terms, including interest rates and for the duration specified in the agreement or arrangement, now the new rate can go to 1001% who cares This is just a proposal. Not sure if Speaker Muturi will even allow it. You know who he will have to consult first... what happens if he doesn't allow it? with the mpigs neck high in debts,won't there be great resistance. I would reach malice and greed if Uhuru fails to agree with the amendment given that even the banks proposed this. They will never get two thirds majority!!! These are MPigs who are bought with 10,000/=!!! Never count on making a good sale. Have the purchase price be so attractive that even a mediocre sale gives good returns.
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Viviva		#2904 Posted : Wednesday, October 30, 2019 10:41:56 AM
Rank: New-farer Joined: 5/3/2019 Posts: 18 Location: Uk		Will this mean higher interest rates on fixed deposit?
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MaichBlack		#2905 Posted : Wednesday, October 30, 2019 10:58:14 AM
Rank: Elder Joined: 7/22/2009 Posts: 7,838		Viviva wrote: Will this mean higher interest rates on fixed deposit? If the banks are in the mood!!! Never count on making a good sale. Have the purchase price be so attractive that even a mediocre sale gives good returns.
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Horton		#2906 Posted : Wednesday, October 30, 2019 11:11:52 AM
Rank: Veteran Joined: 8/30/2007 Posts: 1,558 Location: Nairobi		Viviva wrote: Will this mean higher interest rates on fixed deposit? Knowing our blood thirsty banks..... I highly doubt it.
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maka		#2907 Posted : Wednesday, October 30, 2019 11:13:40 AM
Rank: Elder Joined: 4/22/2010 Posts: 11,522 Location: Nairobi		Viviva wrote: Will this mean higher interest rates on fixed deposit? It's a very delicate balance.... Very delicate... possunt quia posse videntur
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quicksand		#2908 Posted : Wednesday, October 30, 2019 11:26:01 AM
Rank: Veteran Joined: 7/5/2010 Posts: 2,061 Location: Nairobi		MaichBlack wrote: newfarer wrote: MaichBlack wrote: newfarer wrote: “Notwithstanding the repeal of section 33 B, any agreement or arrangement to borrow or lend which was made or entered into...shall continue to be in force on such terms, including interest rates and for the duration specified in the agreement or arrangement, now the new rate can go to 1001% who cares This is just a proposal. Not sure if Speaker Muturi will even allow it. You know who he will have to consult first... what happens if he doesn't allow it? with the mpigs neck high in debts,won't there be great resistance. I would reach malice and greed if Uhuru fails to agree with the amendment given that even the banks proposed this. They will never get two thirds majority!!! These are MPigs who are bought with 10,000/=!!! MPs who resist cause of their own high indebtedness to banks can be bribed by contractually backed frozen interest rates guarantees until the debt is cleared. Then they will do as they do best, sell Kenyans down the river. Kenyans,...get ready to be bent over. The shaft is coming and it will feel like an electric pole up the backside..special sympathies go to those with mortgages.
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Ericsson		#2909 Posted : Wednesday, October 30, 2019 12:14:01 PM
Rank: Elder Joined: 12/4/2009 Posts: 10,808 Location: NAIROBI		quicksand wrote: MaichBlack wrote: newfarer wrote: MaichBlack wrote: newfarer wrote: “Notwithstanding the repeal of section 33 B, any agreement or arrangement to borrow or lend which was made or entered into...shall continue to be in force on such terms, including interest rates and for the duration specified in the agreement or arrangement, now the new rate can go to 1001% who cares This is just a proposal. Not sure if Speaker Muturi will even allow it. You know who he will have to consult first... what happens if he doesn't allow it? with the mpigs neck high in debts,won't there be great resistance. I would reach malice and greed if Uhuru fails to agree with the amendment given that even the banks proposed this. They will never get two thirds majority!!! These are MPigs who are bought with 10,000/=!!! MPs who resist cause of their own high indebtedness to banks can be bribed by contractually backed frozen interest rates guarantees until the debt is cleared. Then they will do as they do best, sell Kenyans down the river. Kenyans,...get ready to be bent over. The shaft is coming and it will feel like an electric pole up the backside..special sympathies go to those with mortgages. Mortgage lazima ichukuliwe Wealth is built through a relatively simple equation Wealth=Income + Investments - Lifestyle
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kuku3		#2910 Posted : Wednesday, October 30, 2019 12:58:06 PM
Rank: Hello Joined: 8/28/2019 Posts: 9		quicksand wrote: MaichBlack wrote: newfarer wrote: MaichBlack wrote: newfarer wrote: “Notwithstanding the repeal of section 33 B, any agreement or arrangement to borrow or lend which was made or entered into...shall continue to be in force on such terms, including interest rates and for the duration specified in the agreement or arrangement, now the new rate can go to 1001% who cares This is just a proposal. Not sure if Speaker Muturi will even allow it. You know who he will have to consult first... what happens if he doesn't allow it? with the mpigs neck high in debts,won't there be great resistance. I would reach malice and greed if Uhuru fails to agree with the amendment given that even the banks proposed this. They will never get two thirds majority!!! These are MPigs who are bought with 10,000/=!!! MPs who resist cause of their own high indebtedness to banks can be bribed by contractually backed frozen interest rates guarantees until the debt is cleared. Then they will do as they do best, sell Kenyans down the river. Kenyans,...get ready to be bent over. The shaft is coming and it will feel like an electric pole up the backside..special sympathies go to those with mortgages. Sisi kama wananchi wa kawaida tunaumia. ... a fool and his money are soon parted...
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