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Fees, Taxes, Stupidity - 'clean' business is very tough in Kenya
Rank: Elder Joined: 9/12/2006 Posts: 1,554
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VituVingiSana wrote:We have CCK, KEBS, ERC, etc... all these bodies add charges [hidden from the public] to what we consume. Often these charges are simply for positions or political jobs. This is where our efforts should be dedicated to ensure these bodies charge less or reasonable fees/levies, than force companies to out do themselves with cheap things that are dangerous to our economy and national growth
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Rank: Elder Joined: 9/15/2006 Posts: 3,905
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One of the even criticisms of government under Kibaki:
greater automonomy of regulatory bodies countered only by their rent-seeking behaviour
Clearly shift from Moi government where everything was lame and subsidized. But this new autonomous rent-seeking needs to be harmonized so that citizens are not left at the mercy of City Hall, NSSF, Police, regulatory bodies etc.
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Rank: Elder Joined: 9/12/2006 Posts: 1,554
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muganda wrote:One of the even criticisms of government under Kibaki:
greater automonomy of regulatory bodies countered only by their rent-seeking behaviour
Clearly shift from Moi government where everything was lame and subsidized. But this new autonomous rent-seeking needs to be harmonized so that citizens are not left at the mercy of City Hall, NSSF, Police, regulatory bodies etc.
well introduction of serious oversight and regulatory bodies to check on these organisations(more levies to fund the regulator(s))......
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Rank: Chief Joined: 1/3/2007 Posts: 18,098 Location: Nairobi
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Jamani wrote:VituVingiSana wrote:We have CCK, KEBS, ERC, etc... all these bodies add charges [hidden from the public] to what we consume. Often these charges are simply for positions or political jobs. This is where our efforts should be dedicated to ensure these bodies charge less or reasonable fees/levies, than force companies to out do themselves with cheap things that are dangerous to our economy and national growth I support both savings! Lower government levies + lower costs to consumers as long as they are COMPETITIVE... Greedy when others are fearful. Very fearful when others are greedy - to paraphrase Warren Buffett
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Rank: Elder Joined: 9/12/2006 Posts: 1,554
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VituVingiSana wrote:Jamani wrote:VituVingiSana wrote:We have CCK, KEBS, ERC, etc... all these bodies add charges [hidden from the public] to what we consume. Often these charges are simply for positions or political jobs. This is where our efforts should be dedicated to ensure these bodies charge less or reasonable fees/levies, than force companies to out do themselves with cheap things that are dangerous to our economy and national growth I support both savings! Lower government levies + lower costs to consumers as long as they are COMPETITIVE... I support both savings! Lower government levies + lower costs to consumers as long as they are COMPETITIVE... and adding sustainable value to the national economy not just bring in cheap things that leads to flight of jobs and closure... Remember mastermind and BAT, KBL and SAB, Multi-choice and G-TV to mention but afew
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Rank: Chief Joined: 1/3/2007 Posts: 18,098 Location: Nairobi
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Jamani wrote:VituVingiSana wrote:Jamani wrote:VituVingiSana wrote:We have CCK, KEBS, ERC, etc... all these bodies add charges [hidden from the public] to what we consume. Often these charges are simply for positions or political jobs. This is where our efforts should be dedicated to ensure these bodies charge less or reasonable fees/levies, than force companies to out do themselves with cheap things that are dangerous to our economy and national growth I support both savings! Lower government levies + lower costs to consumers as long as they are COMPETITIVE... I support both savings! Lower government levies + lower costs to consumers as long as they are COMPETITIVE... and adding sustainable value to the national economy not just bring in cheap things that leads to flight of jobs and closure... Remember mastermind and BAT, KBL and SAB, Multi-choice and G-TV to mention but afew Schumpeter... I love competition... even better when some close up coz new players & ideas will come up! Go Airtel... I want FREE calls! Greedy when others are fearful. Very fearful when others are greedy - to paraphrase Warren Buffett
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Rank: New-farer Joined: 10/22/2010 Posts: 40 Location: kenya
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Just to digress a bit, why doesn't GOK auction spectrums and other licenses to corporations? It could maximize the cash that governments get instead of the one off sale.The maximum value of the spectrum can be extracted. For example the 3G licenses should have been auctioned and instead of the $20m Safaricom paid, they would have paid probably $100m in a bidding process.They have already earned so much cash from 3G and I guess after doing their math (cost-benefit analysis), they were ready to part with the money unlike other mobile phone companies.GOK has a monopoly over the spectrum anyway so this could be the way forward.
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Rank: Elder Joined: 9/12/2006 Posts: 1,554
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VituVingiSana wrote:Jamani wrote:VituVingiSana wrote:Jamani wrote:VituVingiSana wrote:We have CCK, KEBS, ERC, etc... all these bodies add charges [hidden from the public] to what we consume. Often these charges are simply for positions or political jobs. This is where our efforts should be dedicated to ensure these bodies charge less or reasonable fees/levies, than force companies to out do themselves with cheap things that are dangerous to our economy and national growth I support both savings! Lower government levies + lower costs to consumers as long as they are COMPETITIVE... I support both savings! Lower government levies + lower costs to consumers as long as they are COMPETITIVE... and adding sustainable value to the national economy not just bring in cheap things that leads to flight of jobs and closure... Remember mastermind and BAT, KBL and SAB, Multi-choice and G-TV to mention but afew Schumpeter... I love competition... even better when some close up coz new players & ideas will come up! Go Airtel... I want FREE calls! Eeeh, I love this reminds me of the free beers and SAB closed, Free S-dishes plus installation and G-TV closed, Buy one get one packet free and mastermind closed, we surely know whose doors will be closing next, and we say we dont care so long as we are saving or dont give me that NONSENSE.....
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Rank: Elder Joined: 9/12/2006 Posts: 1,554
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mwariama wrote:Just to digress a bit, why doesn't GOK auction spectrums and other licenses to corporations? It could maximize the cash that governments get instead of the one off sale.The maximum value of the spectrum can be extracted. For example the 3G licenses should have been auctioned and instead of the $20m Safaricom paid, they would have paid probably $100m in a bidding process.They have already earned so much cash from 3G and I guess after doing their math (cost-benefit analysis), they were ready to part with the money unlike other mobile phone companies.GOK has a monopoly over the spectrum anyway so this could be the way forward. mmmh if i remember well these was auctioned and that time kencell was transiting to MCI (changed name to celtel)at the time they did make a bid but withdrew so safcom remained alone.
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Rank: Chief Joined: 1/3/2007 Posts: 18,098 Location: Nairobi
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Corruption... http://www.standardmedia...030680&cid=457& Incompetence. Do we need more government? I say NO... Greedy when others are fearful. Very fearful when others are greedy - to paraphrase Warren Buffett
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Rank: Elder Joined: 9/12/2006 Posts: 1,554
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Certainly, I agree however instead of selling ourselves cheap, with cheap ideas we have to do something about it. We should stop lying to ourselves that we are saving by going for the cheap options they are never cheap, remember cheap is at an expense of something that you are not seeing at the moment. When you buy cheap you buy twice.
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Rank: Veteran Joined: 10/25/2007 Posts: 1,574
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Sacco Societies Regulatory Authority (Sasra) (sic!) is another of those 'regulatory bodies'. "FOSAs will also be required to ... pay an annual fee of 0.15 per cent of their deposits subject to maximum deposit levy of Sh6.5 million to SASRA to finance the regulators operations." 0.15% of all Saccos deposits will go to Sasra! Ludicrous! http://www.businessdaily...2/-/c052ckz/-/index.htmlSet out to correct the world's wrongs and you will most certainly wind up adding to them.
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Rank: Elder Joined: 6/27/2008 Posts: 4,114
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VituVingiSana wrote:NSE & CMA charges/levies are way too high! The CMA charges us for fancy offices, huge salaries yet they have not helped really expand the market OR provided effective oversight.
ERC charges/levies.
CCK charges/levies.
Many others! There is KEBS. Which others? NSE is a private company, not public. They started operations many, many decades before CMA was established. Nothing is real unless it can be named; nothing has value unless it can be sold; money is worthless unless you spend it.
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