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Stockbrokers to stop trading at NSE for a month
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ecstacy
#61 Posted : Thursday, February 19, 2015 8:01:20 PM
Rank: Elder

Joined: 2/26/2008
Posts: 4,449
1. This is a poorly crafted law by Treasury technical. Review and fix.

2. On the other hand, for the stock brokers, what happened to using the courts if aggrieved? Seeking to force the hand of the state actors using threats is dishonest and unhelpful to the immediate investment climate. Make it 2 months if you may.

Let the systems play this out.
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obiero
#62 Posted : Thursday, February 19, 2015 8:02:42 PM
Rank: Elder

Joined: 6/23/2009
Posts: 14,244
Location: nairobi
ecstacy wrote:
obiero wrote:
this is why I voted for Raila

The one who launched StarTimes then opposed it or the one who called NSE investors drug barons? Leave politics out of this one.

Politics is life.. Siasa tutachapa anytime, anywhere.. Sijalazimisha mtu apende Raila, nimesema tu kuwa napenda Raila :)
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ecstacy
#63 Posted : Thursday, February 19, 2015 8:04:23 PM
Rank: Elder

Joined: 2/26/2008
Posts: 4,449
obiero wrote:
ecstacy wrote:
obiero wrote:
this is why I voted for Raila

The one who launched StarTimes then opposed it or the one who called NSE investors drug barons? Leave politics out of this one.

Politics is life.. Siasa tutachapa anytime, anywhere.. Sijalazimisha mtu apende Raila, nimesema tu kuwa napenda Raila :)


Kupenda Raila si shida, your orange your choice, wacha propaganda lakini.
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Boris Boyka
#64 Posted : Thursday, February 19, 2015 8:10:28 PM
Rank: Veteran

Joined: 11/15/2013
Posts: 1,977
Location: Here
Users browsing this topic.
Boris Boyka , ecstacy, Guest (44), jomari78 ,
lochaz-index , Mastermind , obiero , Othelo
iko chida kweri kweri...ulcers
Everybody STEALS, a THIEF is one who's CAUGHT stealing something of LITTLE VALUE. !!!
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jomari78
#65 Posted : Thursday, February 19, 2015 8:10:53 PM
Rank: New-farer

Joined: 11/24/2013
Posts: 14
Hope I'm wrong, but the mere fact that such action is being contemplated is bad for the market. The seed of uncertainty has been sown.
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lochaz-index
#66 Posted : Thursday, February 19, 2015 8:37:29 PM
Rank: Veteran

Joined: 9/18/2014
Posts: 1,127
Doubt the govt can muster the cojones to spook this bear. Trading will resume tomorrow as most of the sharks are neck deep in the NSE. However, if am wrong a whole lot of folks will be royally screwed. Is it not enough that we have a clueless govt but also a hopeless opposition that cant check the former's excesses... trying to impose CGT as a tax at source with no guidelines and no consideration on the remitting party is laughable. That said, the seeds of discord in the NSE have been sown its now a question of how grave the consequences will be!!!
The main purpose of the stock market is to make fools of as many people as possible.
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Othelo
#67 Posted : Thursday, February 19, 2015 8:43:16 PM
Rank: User

Joined: 1/20/2014
Posts: 3,528
Funny thing is industry players started begging gava for rules and guidelines way back in September last year. They must have been busy looking for condoms for kids.
Formal education will make you a living. Self-education will make you a fortune - Jim Rohn.
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Fetero
#68 Posted : Thursday, February 19, 2015 8:44:18 PM
Rank: New-farer

Joined: 1/21/2015
Posts: 31
mwekez@ji wrote:
On the brighter side, CGT on stocks may be abolished ;)

@mwekezaji,... don't say abolished, say "delayed".The crazy thirst and mad appetite KRA have on this cgt is un-abolishable.Shame on you
Ask & it'll be given to you,seek & you shall find..Mathew:7:7
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littledove
#69 Posted : Thursday, February 19, 2015 9:43:03 PM
Rank: Veteran

Joined: 7/1/2014
Posts: 927
Location: sky
Good news !!

"stock brokers have been prevailed upon to cancel their decision to suspend trading" k24 at 9
There are only two emotions in the stock market, fear and hope. The problem is, you hope when you should fear and fear when you should hope
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obiero
#70 Posted : Thursday, February 19, 2015 10:11:22 PM
Rank: Elder

Joined: 6/23/2009
Posts: 14,244
Location: nairobi
littledove wrote:
Good news !!

"stock brokers have been prevailed upon to cancel their decision to suspend trading" k24 at 9

Hawa watu kweli wangesuspend trading na vile wanapenda commission
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