Wazua
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Kenya Economy Watch
Rank: Elder Joined: 12/4/2009 Posts: 10,702 Location: NAIROBI
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http://www.standardmedia...ves-to-shore-up-shillingWealth is built through a relatively simple equation
Wealth=Income + Investments - Lifestyle
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Rank: Member Joined: 3/23/2011 Posts: 304
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http://www.businessdaily...4948-e5qojvz/index.html
The Nairobi center with a staff of 350 previously provided real time services such as accounting, reporting, systems maintenance and information management support to StanChart's subsidiaries in Uganda, Tanzania, Zambia, Botswana and South Africa. You dont have to be great to START but you have to start to be GREAT!!!!!!!!
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Rank: Member Joined: 3/23/2011 Posts: 304
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Portland Cement - 1,000 out of 1,500 staff to lose their jobs as it downsizes starting next year over financial losses - Chairman William Lay You dont have to be great to START but you have to start to be GREAT!!!!!!!!
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Rank: Elder Joined: 4/22/2010 Posts: 11,522 Location: Nairobi
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alutacontinua wrote:Portland Cement - 1,000 out of 1,500 staff to lose their jobs as it downsizes starting next year over financial losses - Chairman William Lay Serikali ya Unye... possunt quia posse videntur
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Rank: Member Joined: 3/23/2011 Posts: 304
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http://www.businessdaily...2638-pd39fyz/index.html
Development spending in the current financial year has been cut by more than Ksh. 200B.... You dont have to be great to START but you have to start to be GREAT!!!!!!!!
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Rank: Veteran Joined: 9/18/2014 Posts: 1,127
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alutacontinua wrote:http://www.businessdailyafrica.com/Treasury-cuts-project-budget-by-more-than-Sh200bn/539546-3462638-pd39fyz/index.html
Development spending in the current financial year has been cut by more than Ksh. 200B.... Fiscal reality is forcing the govt to cut back. More and more cuts expected as the debt burden balloons over the next 12-24 months. Bad macros are finally reflecting in the banks' bottom line. This is the part we get to know which ones are savvy lenders and which ones were swimming naked. The main purpose of the stock market is to make fools of as many people as possible.
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Rank: Elder Joined: 6/23/2009 Posts: 13,552 Location: nairobi
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MPC meets today. I will not be surprised if CBR is adjusted to 11%
HF 90,000 ABP 3.83; KQ 414,100 ABP 7.92; MTN 23,800 ABP 6.45
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Rank: Elder Joined: 7/26/2007 Posts: 6,514
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obiero wrote:MPC meets today. I will not be surprised if CBR is adjusted to 11% Overdue, but do CBK have that level of vision? Business opportunities are like buses,there's always another one coming
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Rank: Veteran Joined: 11/21/2006 Posts: 1,590
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KulaRaha wrote:obiero wrote:MPC meets today. I will not be surprised if CBR is adjusted to 11% Overdue, but do CBK have that level of vision? Unlikely because MPC is not a forward looking body, the politics of raising interest rates and the fact that Ksh has not weakened properly yet. Sehemu ndio nyumba
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Rank: Elder Joined: 4/22/2010 Posts: 11,522 Location: Nairobi
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Mainat wrote:KulaRaha wrote:obiero wrote:MPC meets today. I will not be surprised if CBR is adjusted to 11% Overdue, but do CBK have that level of vision? Unlikely because MPC is not a forward looking body, the politics of raising interest rates and the fact that Ksh has not weakened properly yet. It will remain the same.... possunt quia posse videntur
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Rank: Veteran Joined: 11/13/2015 Posts: 1,596
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obiero wrote:MPC meets today. I will not be surprised if CBR is adjusted to 11% CBR is a useless lever. It transmits very little in terms of monetary policy. With credit growth at levels of 2008 level perhaps using the cash ratio will do more.
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Rank: New-farer Joined: 5/7/2014 Posts: 40
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obiero wrote:MPC meets today. I will not be surprised if CBR is adjusted to 11% With slowing private sector credit growth, shouldn't they be thinking about adjusting downwards (to stimulate economic activity)? Why would they consider raising rates at this point in time?
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Rank: Elder Joined: 7/26/2007 Posts: 6,514
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KenyanEconomist wrote:obiero wrote:MPC meets today. I will not be surprised if CBR is adjusted to 11% With slowing private sector credit growth, shouldn't they be thinking about adjusting downwards (to stimulate economic activity)? Why would they consider raising rates at this point in time? Dropping rates would hurt the shilling...they have been propping it up all month long. Business opportunities are like buses,there's always another one coming
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Rank: User Joined: 8/15/2013 Posts: 13,237 Location: Vacuum
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KulaRaha wrote:KenyanEconomist wrote:obiero wrote:MPC meets today. I will not be surprised if CBR is adjusted to 11% With slowing private sector credit growth, shouldn't they be thinking about adjusting downwards (to stimulate economic activity)? Why would they consider raising rates at this point in time? Dropping rates would hurt the shilling...they have been propping it up all month long. Retained at 10% If Obiero did it, Who Am I?
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Rank: Elder Joined: 12/7/2012 Posts: 11,908
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Swenani wrote:KulaRaha wrote:KenyanEconomist wrote:obiero wrote:MPC meets today. I will not be surprised if CBR is adjusted to 11% With slowing private sector credit growth, shouldn't they be thinking about adjusting downwards (to stimulate economic activity)? Why would they consider raising rates at this point in time? Dropping rates would hurt the shilling...they have been propping it up all month long. Retained at 10% So @maka was in the know  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: 6/23/2009 Posts: 13,552 Location: nairobi
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Swenani wrote:KulaRaha wrote:KenyanEconomist wrote:obiero wrote:MPC meets today. I will not be surprised if CBR is adjusted to 11% With slowing private sector credit growth, shouldn't they be thinking about adjusting downwards (to stimulate economic activity)? Why would they consider raising rates at this point in time? Dropping rates would hurt the shilling...they have been propping it up all month long. Retained at 10% More depression for SMEs
HF 90,000 ABP 3.83; KQ 414,100 ABP 7.92; MTN 23,800 ABP 6.45
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Rank: User Joined: 8/15/2013 Posts: 13,237 Location: Vacuum
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Angelica _ann wrote:Swenani wrote:KulaRaha wrote:KenyanEconomist wrote:obiero wrote:MPC meets today. I will not be surprised if CBR is adjusted to 11% With slowing private sector credit growth, shouldn't they be thinking about adjusting downwards (to stimulate economic activity)? Why would they consider raising rates at this point in time? Dropping rates would hurt the shilling...they have been propping it up all month long. Retained at 10% So @maka was in the know I suspect @Maka to be a photocopier operator at CBK and KQ-He ends up knowing things which were printed and photocopied by the SMT and board If Obiero did it, Who Am I?
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Rank: Elder Joined: 6/23/2009 Posts: 13,552 Location: nairobi
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Swenani wrote:Angelica _ann wrote:Swenani wrote:KulaRaha wrote:KenyanEconomist wrote:obiero wrote:MPC meets today. I will not be surprised if CBR is adjusted to 11% With slowing private sector credit growth, shouldn't they be thinking about adjusting downwards (to stimulate economic activity)? Why would they consider raising rates at this point in time? Dropping rates would hurt the shilling...they have been propping it up all month long. Retained at 10% So @maka was in the know I suspect @Maka to be a photocopier operator at CBK and KQ-He ends up knowing things which were printed and photocopied by the SMT and board LOL. @Maka is a pilot bwana.. I know him personally
HF 90,000 ABP 3.83; KQ 414,100 ABP 7.92; MTN 23,800 ABP 6.45
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Rank: Member Joined: 9/11/2014 Posts: 228 Location: Nairobi
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A very street smart pilot; so could very well be also a service provider for photocopier services
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Rank: Elder Joined: 7/26/2007 Posts: 6,514
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obiero wrote:Swenani wrote:KulaRaha wrote:KenyanEconomist wrote:obiero wrote:MPC meets today. I will not be surprised if CBR is adjusted to 11% With slowing private sector credit growth, shouldn't they be thinking about adjusting downwards (to stimulate economic activity)? Why would they consider raising rates at this point in time? Dropping rates would hurt the shilling...they have been propping it up all month long. Retained at 10% More depression for SMEs Rate cap was nail in SME coffin. They're too high risk to lend at 14%. Business opportunities are like buses,there's always another one coming
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