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Hard times ahead
Rank: Elder Joined: 7/22/2009 Posts: 7,561
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MaichBlack wrote:Ngogoyo wrote:Magigi wrote:newfarer wrote:wairegi wrote:It very clear that things are going to be hard and really hard.
Please take note;
1. 1.5% on all imports. Calling it railway development levy
2. VAT on essential goods that were zero rated before.
3. Just received a mail from my bank that there is going to be 10% excise duty.
Same
Choices indeed have consequences.
I was just thinking of the hard time ahead. politically.I'm afraid. ...went to Kenya Power today to apply for power ya rural...Was told connection fee is now ksh 70,000 from Ksh 34,000...Meter separation ksh 20,000 from ksh 6,000....Nitangoja ile power itakuja na laptops!!! Meanwhile i will negotiate with a neighbour 'nitupe wire' huko kwake...Absolute nonsense!!! does this apply to those who had received a quote early this year for Ksh 35,000?  i had received one for the 35 and cant and wont pay 70. ABK. ata better nitumie sitima ya shoo  My advice to you guys is to stall on paying the 70k. I'm reliably informed by an insider that the rate might be lowered to even less than the original 35k if some of the things they are working on materialize. It might actually go to 20s. They are in advanced talks with some institutions including World Bank on the issue of subsidies especially concerning rural electrification. Watch this space. I hope you guys took me seriously and saved you money. 20 days later and the government has come through with a 2.7 Billion subsidy. Please note this is enough for only 100,000 new connections. After that, back to square one. Apply now!!! The government might not afford to inject any more money - it is broke[ish]. They are hoping another donor ["Development partner"] will come through soon! Chelewa uchekwe!!! LinkNever 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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Rank: Elder Joined: 3/31/2008 Posts: 7,081 Location: Kenya
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MaichBlack wrote:MaichBlack wrote:Ngogoyo wrote:Magigi wrote:newfarer wrote:wairegi wrote:It very clear that things are going to be hard and really hard.
Please take note;
1. 1.5% on all imports. Calling it railway development levy
2. VAT on essential goods that were zero rated before.
3. Just received a mail from my bank that there is going to be 10% excise duty.
Same
Choices indeed have consequences.
I was just thinking of the hard time ahead. politically.I'm afraid. ...went to Kenya Power today to apply for power ya rural...Was told connection fee is now ksh 70,000 from Ksh 34,000...Meter separation ksh 20,000 from ksh 6,000....Nitangoja ile power itakuja na laptops!!! Meanwhile i will negotiate with a neighbour 'nitupe wire' huko kwake...Absolute nonsense!!! does this apply to those who had received a quote early this year for Ksh 35,000? i had received one for the 35 and cant and wont pay 70. ABK. ata better nitumie sitima ya shoo My advice to you guys is to stall on paying the 70k. I'm reliably informed by an insider that the rate might be lowered to even less than the original 35k if some of the things they are working on materialize. It might actually go to 20s. They are in advanced talks with some institutions including World Bank on the issue of subsidies especially concerning rural electrification. Watch this space. I hope you guys took me seriously and saved you money. 20 days later and the government has come through with a 2.7 Billion subsidy. Please note this is enough for only 100,000 new connections. After that, back to square one. Apply now!!! The government might not afford to inject any more money - it is broke[ish]. They are hoping another donor ["Development partner"] will come through soon! Chelewa uchekwe!!! Link Heeded your advice and held on...Thanks bro...
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Rank: Elder Joined: 7/22/2009 Posts: 7,561
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Magigi wrote:MaichBlack wrote:MaichBlack wrote:Ngogoyo wrote:Magigi wrote:newfarer wrote:wairegi wrote:It very clear that things are going to be hard and really hard.
Please take note;
1. 1.5% on all imports. Calling it railway development levy
2. VAT on essential goods that were zero rated before.
3. Just received a mail from my bank that there is going to be 10% excise duty.
Same
Choices indeed have consequences.
I was just thinking of the hard time ahead. politically.I'm afraid. ...went to Kenya Power today to apply for power ya rural...Was told connection fee is now ksh 70,000 from Ksh 34,000...Meter separation ksh 20,000 from ksh 6,000....Nitangoja ile power itakuja na laptops!!! Meanwhile i will negotiate with a neighbour 'nitupe wire' huko kwake...Absolute nonsense!!! does this apply to those who had received a quote early this year for Ksh 35,000? i had received one for the 35 and cant and wont pay 70. ABK. ata better nitumie sitima ya shoo My advice to you guys is to stall on paying the 70k. I'm reliably informed by an insider that the rate might be lowered to even less than the original 35k if some of the things they are working on materialize. It might actually go to 20s. They are in advanced talks with some institutions including World Bank on the issue of subsidies especially concerning rural electrification. Watch this space. I hope you guys took me seriously and saved you money. 20 days later and the government has come through with a 2.7 Billion subsidy. Please note this is enough for only 100,000 new connections. After that, back to square one. Apply now!!! The government might not afford to inject any more money - it is broke[ish]. They are hoping another donor ["Development partner"] will come through soon! Chelewa uchekwe!!! Link Heeded your advice and held on...Thanks bro... Sasa kimbia ujaze forms mara moja bro. Pesa itaisha hivi karibuni halafu story ianze tena unless another "development partner" commits themselves by November [Or 100,000 lines - whichever comes first]! 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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Rank: Elder Joined: 6/17/2008 Posts: 23,365 Location: Nairobi
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MaichBlack wrote:Magigi wrote:MaichBlack wrote:MaichBlack wrote:Ngogoyo wrote:Magigi wrote:newfarer wrote:wairegi wrote:It very clear that things are going to be hard and really hard.
Please take note;
1. 1.5% on all imports. Calling it railway development levy
2. VAT on essential goods that were zero rated before.
3. Just received a mail from my bank that there is going to be 10% excise duty.
Same
Choices indeed have consequences.
I was just thinking of the hard time ahead. politically.I'm afraid. ...went to Kenya Power today to apply for power ya rural...Was told connection fee is now ksh 70,000 from Ksh 34,000...Meter separation ksh 20,000 from ksh 6,000....Nitangoja ile power itakuja na laptops!!! Meanwhile i will negotiate with a neighbour 'nitupe wire' huko kwake...Absolute nonsense!!! does this apply to those who had received a quote early this year for Ksh 35,000? i had received one for the 35 and cant and wont pay 70. ABK. ata better nitumie sitima ya shoo My advice to you guys is to stall on paying the 70k. I'm reliably informed by an insider that the rate might be lowered to even less than the original 35k if some of the things they are working on materialize. It might actually go to 20s. They are in advanced talks with some institutions including World Bank on the issue of subsidies especially concerning rural electrification. Watch this space. I hope you guys took me seriously and saved you money. 20 days later and the government has come through with a 2.7 Billion subsidy. Please note this is enough for only 100,000 new connections. After that, back to square one. Apply now!!! The government might not afford to inject any more money - it is broke[ish]. They are hoping another donor ["Development partner"] will come through soon! Chelewa uchekwe!!! Link Heeded your advice and held on...Thanks bro... Sasa kimbia ujaze forms mara moja bro. Pesa itaisha hivi karibuni halafu story ianze tena unless another "development partner" commits themselves by November [Or 100,000 lines - whichever comes first]! The way it was reported was like the the 35K will be the connection fee in the forseable future!!! ..."Wewe ni mtu mdogo sana....na mwenye amekuandika pia ni mtu mdogo sana!".
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Rank: Elder Joined: 7/22/2009 Posts: 7,561
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McReggae wrote:MaichBlack wrote:Magigi wrote:MaichBlack wrote:MaichBlack wrote:Ngogoyo wrote:Magigi wrote:newfarer wrote:wairegi wrote:It very clear that things are going to be hard and really hard.
Please take note;
1. 1.5% on all imports. Calling it railway development levy
2. VAT on essential goods that were zero rated before.
3. Just received a mail from my bank that there is going to be 10% excise duty.
Same
Choices indeed have consequences.
I was just thinking of the hard time ahead. politically.I'm afraid. ...went to Kenya Power today to apply for power ya rural...Was told connection fee is now ksh 70,000 from Ksh 34,000...Meter separation ksh 20,000 from ksh 6,000....Nitangoja ile power itakuja na laptops!!! Meanwhile i will negotiate with a neighbour 'nitupe wire' huko kwake...Absolute nonsense!!! does this apply to those who had received a quote early this year for Ksh 35,000? i had received one for the 35 and cant and wont pay 70. ABK. ata better nitumie sitima ya shoo My advice to you guys is to stall on paying the 70k. I'm reliably informed by an insider that the rate might be lowered to even less than the original 35k if some of the things they are working on materialize. It might actually go to 20s. They are in advanced talks with some institutions including World Bank on the issue of subsidies especially concerning rural electrification. Watch this space. I hope you guys took me seriously and saved you money. 20 days later and the government has come through with a 2.7 Billion subsidy. Please note this is enough for only 100,000 new connections. After that, back to square one. Apply now!!! The government might not afford to inject any more money - it is broke[ish]. They are hoping another donor ["Development partner"] will come through soon! Chelewa uchekwe!!! Link Heeded your advice and held on...Thanks bro... Sasa kimbia ujaze forms mara moja bro. Pesa itaisha hivi karibuni halafu story ianze tena unless another "development partner" commits themselves by November [Or 100,000 lines - whichever comes first]! The way it was reported was like the the 35K will be the connection fee in the forseable future!!! That is POLITICS my brother! Nobody was ORDERED by anyone. The government is actually PAYING for the difference! 'Their' 2.7 billion runs out, back to the drawing board. 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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Rank: Elder Joined: 7/22/2009 Posts: 7,561
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McReggae wrote:MaichBlack wrote:Magigi wrote:MaichBlack wrote:MaichBlack wrote:Ngogoyo wrote:Magigi wrote:newfarer wrote:wairegi wrote:It very clear that things are going to be hard and really hard.
Please take note;
1. 1.5% on all imports. Calling it railway development levy
2. VAT on essential goods that were zero rated before.
3. Just received a mail from my bank that there is going to be 10% excise duty.
Same
Choices indeed have consequences.
I was just thinking of the hard time ahead. politically.I'm afraid. ...went to Kenya Power today to apply for power ya rural...Was told connection fee is now ksh 70,000 from Ksh 34,000...Meter separation ksh 20,000 from ksh 6,000....Nitangoja ile power itakuja na laptops!!! Meanwhile i will negotiate with a neighbour 'nitupe wire' huko kwake...Absolute nonsense!!! does this apply to those who had received a quote early this year for Ksh 35,000? i had received one for the 35 and cant and wont pay 70. ABK. ata better nitumie sitima ya shoo My advice to you guys is to stall on paying the 70k. I'm reliably informed by an insider that the rate might be lowered to even less than the original 35k if some of the things they are working on materialize. It might actually go to 20s. They are in advanced talks with some institutions including World Bank on the issue of subsidies especially concerning rural electrification. Watch this space. I hope you guys took me seriously and saved you money. 20 days later and the government has come through with a 2.7 Billion subsidy. Please note this is enough for only 100,000 new connections. After that, back to square one. Apply now!!! The government might not afford to inject any more money - it is broke[ish]. They are hoping another donor ["Development partner"] will come through soon! Chelewa uchekwe!!! Link Heeded your advice and held on...Thanks bro... Sasa kimbia ujaze forms mara moja bro. Pesa itaisha hivi karibuni halafu story ianze tena unless another "development partner" commits themselves by November [Or 100,000 lines - whichever comes first]! The way it was reported was like the the 35K will be the connection fee in the forseable future!!! That is POLITICS my brother! Nobody was ORDERED by anyone. The government is actually PAYING for the difference! 'Their' 2.7 billion runs out, back to the drawing board. 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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Rank: Elder Joined: 6/17/2008 Posts: 23,365 Location: Nairobi
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MaichBlack wrote:McReggae wrote:MaichBlack wrote:Magigi wrote:MaichBlack wrote:MaichBlack wrote:Ngogoyo wrote:Magigi wrote:newfarer wrote:wairegi wrote:It very clear that things are going to be hard and really hard.
Please take note;
1. 1.5% on all imports. Calling it railway development levy
2. VAT on essential goods that were zero rated before.
3. Just received a mail from my bank that there is going to be 10% excise duty.
Same
Choices indeed have consequences.
I was just thinking of the hard time ahead. politically.I'm afraid. ...went to Kenya Power today to apply for power ya rural...Was told connection fee is now ksh 70,000 from Ksh 34,000...Meter separation ksh 20,000 from ksh 6,000....Nitangoja ile power itakuja na laptops!!! Meanwhile i will negotiate with a neighbour 'nitupe wire' huko kwake...Absolute nonsense!!! does this apply to those who had received a quote early this year for Ksh 35,000? i had received one for the 35 and cant and wont pay 70. ABK. ata better nitumie sitima ya shoo My advice to you guys is to stall on paying the 70k. I'm reliably informed by an insider that the rate might be lowered to even less than the original 35k if some of the things they are working on materialize. It might actually go to 20s. They are in advanced talks with some institutions including World Bank on the issue of subsidies especially concerning rural electrification. Watch this space. I hope you guys took me seriously and saved you money. 20 days later and the government has come through with a 2.7 Billion subsidy. Please note this is enough for only 100,000 new connections. After that, back to square one. Apply now!!! The government might not afford to inject any more money - it is broke[ish]. They are hoping another donor ["Development partner"] will come through soon! Chelewa uchekwe!!! Link Heeded your advice and held on...Thanks bro... Sasa kimbia ujaze forms mara moja bro. Pesa itaisha hivi karibuni halafu story ianze tena unless another "development partner" commits themselves by November [Or 100,000 lines - whichever comes first]! The way it was reported was like the the 35K will be the connection fee in the forseable future!!! That is POLITICS my brother! Nobody was ORDERED by anyone. The government is actually PAYING for the difference! 'Their' 2.7 billion runs out, back to the drawing board. Then it's a shame coming from a resolution of a cabinet meeting ......a clear garment policy would have been better!!!!! ..."Wewe ni mtu mdogo sana....na mwenye amekuandika pia ni mtu mdogo sana!".
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Rank: Elder Joined: 3/19/2010 Posts: 3,504 Location: Uganda
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prices for everything have just shot up.unga ,sabuni ,rice hata tissue ya choo.ama ni Mimi pekee nafeel punda amecheka
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Rank: Elder Joined: 6/20/2008 Posts: 6,275 Location: Kenya
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newfarer wrote:prices for everything have just shot up.unga ,sabuni ,rice hata tissue ya choo.ama ni Mimi pekee nafeel Let it be until we reach a point we did in 2002. We said enough is enough but some gullible voters took us back to tribal voting politics. Now we are where had reached with Nyay0. Shame.
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Rank: Elder Joined: 7/26/2007 Posts: 6,514
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AlphDoti wrote:newfarer wrote:prices for everything have just shot up.unga ,sabuni ,rice hata tissue ya choo.ama ni Mimi pekee nafeel Let it be until we reach a point we did in 2002. We said enough is enough but some gullible voters took us back to tribal voting politics. Now we are where had reached with Nyay0. Shame. 90% of contributors here will vote according to tribe in 2022. Business opportunities are like buses,there's always another one coming
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Rank: Veteran Joined: 11/13/2015 Posts: 1,615
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newfarer wrote:prices for everything have just shot up.unga ,sabuni ,rice hata tissue ya choo.ama ni Mimi pekee nafeel Wewe pambana na hali yako. You were the biggest supporter/beneficiary of the interest rate cap just use the savings on the interest rate to pay.
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Rank: Elder Joined: 12/7/2012 Posts: 11,921
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wukan wrote:newfarer wrote:prices for everything have just shot up.unga ,sabuni ,rice hata tissue ya choo.ama ni Mimi pekee nafeel Wewe pambana na hali yako. You were the biggest supporter/beneficiary of the interest rate cap just use the savings on the interest rate to pay.  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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Rank: Elder Joined: 12/9/2009 Posts: 6,592 Location: Nairobi
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wukan wrote:newfarer wrote:prices for everything have just shot up.unga ,sabuni ,rice hata tissue ya choo.ama ni Mimi pekee nafeel Wewe pambana na hali yako. You were the biggest supporter/beneficiary of the interest rate cap just use the savings on the interest rate to pay. Most opportunities are discovered in hard times.
BBI will solve it :)
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Rank: Member Joined: 2/20/2007 Posts: 767
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wukan wrote:newfarer wrote:prices for everything have just shot up.unga ,sabuni ,rice hata tissue ya choo.ama ni Mimi pekee nafeel Wewe pambana na hali yako. You were the biggest supporter/beneficiary of the interest rate cap just use the savings on the interest rate to pay. Interest rate cap na cost of goods going up inakujia wapi jameni. Why not the drought, the high cost of fuel, inefficient goverment services, goverment not paying suppliers etc etc. Wacha kutufunga macho. Wacha rate cap iendelee. Those who are credit worthy are having a ball. If anything, with rate cap, consumers have no money to buy goods thus demand for goods is low thus prices should go down. Watu wengine..... 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: Elder Joined: 7/26/2007 Posts: 6,514
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Economy is growing at 6.3%, stop whining and enjoy the fruits of a strong powerful economy. Business opportunities are like buses,there's always another one coming
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Rank: Elder Joined: 7/22/2008 Posts: 2,716
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KulaRaha wrote:Economy is growing at 6.3%, stop whining and enjoy the fruits of a strong powerful economy. Ever heard of the statistician who drowned in a river because it was said the average depth was 3 feet? This economic growth is a number that may not mean much to a lot of people. Safaricom, Betting Firms and Banks lending to GOK. Exclude those 3 from all numbers and I think the economy will be found to be shrinking.
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Rank: User Joined: 8/15/2013 Posts: 13,237 Location: Vacuum
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Rank: Elder Joined: 3/19/2010 Posts: 3,504 Location: Uganda
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actually if there was no interest cap ,it would have been worse.. I still support the cap.cant imagine if I was paying interest at 25% punda amecheka
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Rank: Elder Joined: 2/26/2012 Posts: 15,980
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Rank: Elder Joined: 6/20/2008 Posts: 6,275 Location: Kenya
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KulaRaha wrote:AlphDoti wrote:newfarer wrote:prices for everything have just shot up.unga ,sabuni ,rice hata tissue ya choo.ama ni Mimi pekee nafeel Let it be until we reach a point we did in 2002. We said enough is enough but some gullible voters took us back to tribal voting politics. Now we are where had reached with Nyay0. Shame. 90% of contributors here will vote according to tribe in 2022. This sounds exactly like what is happening to us!
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