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What a joke? 5.6% growth
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kingfisher
#1 Posted : Tuesday, May 17, 2011 2:27:08 PM
Rank: Elder

Joined: 4/9/2008
Posts: 2,824
Can that be true???

http://www.capitalfm.co.ke/news...ercent-growth-12821.html
When I have money, I get rid of it quickly, lest it find a way into my heart.
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  | | Edit by moderator: Tuesday, May 17, 2011 2:29 PM | Reason: url tags added
kizee1
#2 Posted : Tuesday, May 17, 2011 2:29:15 PM
Rank: Member

Joined: 9/29/2010
Posts: 679
Location: nairobi
it is..wheres the joke?
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Kaigangio
#3 Posted : Tuesday, May 17, 2011 2:32:53 PM
Rank: Elder

Joined: 2/27/2007
Posts: 2,768
@ kingfisher

this is no jokes...as long as the fuel prices continue rising...and shortly the cost of electricity will go up...by the end of the year we might find ourselves at 4.0% growth...brace yourself broda!!!!!
...besides, the presence of a safe alone does not signify that there is money inside...
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Cde Monomotapa
#4 Posted : Tuesday, May 17, 2011 2:39:55 PM
Rank: Chief

Joined: 1/13/2011
Posts: 5,964
Kenyans..always allergic to good news.
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kingfisher
#5 Posted : Tuesday, May 17, 2011 2:56:08 PM
Rank: Elder

Joined: 4/9/2008
Posts: 2,824
kizee1 wrote:
it is..wheres the joke?


Then I must have been sleeping, i mean i am supposed to have "grown" also by at least 5.6% but i cant see anything!! Kwani where was it growing??
When I have money, I get rid of it quickly, lest it find a way into my heart.
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MaichBlack
#6 Posted : Tuesday, May 17, 2011 3:06:29 PM
Rank: Elder

Joined: 7/22/2009
Posts: 7,910
kingfisher wrote:
kizee1 wrote:
it is..wheres the joke?


Then I must have been sleeping, i mean i am supposed to have "grown" also by at least 5.6% but i cant see anything!! Kwani where was it growing??

You grew by 5.6% but your expenses grew by 30%. Do the math.
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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MIKEnya
#7 Posted : Tuesday, May 17, 2011 3:47:34 PM
Rank: Hello

Joined: 3/31/2011
Posts: 4
Location: Mogadishu
Last year was certainly better than 2011 and the economy is not yet shrinking. Statistics will show some growth at the end, probably 3.0 percent. A stagnant or shrinking economy feels much worse.
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Kulchaz
#8 Posted : Tuesday, May 17, 2011 3:52:54 PM
Rank: Member

Joined: 6/7/2008
Posts: 95
Location: Embu
there is growth, a few more kms and fly - overs have been built on Thika road!!smile ;-)
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kingfisher
#9 Posted : Tuesday, May 17, 2011 3:54:38 PM
Rank: Elder

Joined: 4/9/2008
Posts: 2,824
MaichBlack wrote:
kingfisher wrote:
kizee1 wrote:
it is..wheres the joke?


Then I must have been sleeping, i mean i am supposed to have "grown" also by at least 5.6% but i cant see anything!! Kwani where was it growing??

You grew by 5.6% but your expenses grew by 30%. Do the math.


@Mblack...
If what u just said is true then shit happened. I should never let that happen again.
When I have money, I get rid of it quickly, lest it find a way into my heart.
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mukiha
#10 Posted : Thursday, May 19, 2011 10:53:00 AM
Rank: Elder

Joined: 6/27/2008
Posts: 4,114
kingfisher wrote:
kizee1 wrote:
it is..wheres the joke?


Then I must have been sleeping, i mean i am supposed to have "grown" also by at least 5.6% but i cant see anything!! Kwani where was it growing??

Typical of Kenyans; refusing to accept the truth!

When the stats say that growth was an average of 5.6%, it means that some grew faster and others slower... indeed some retrogressed! I guess you were in that last category!!!

Just look at the company results and see how their revenues improved from 2009 to 2010. That should tell you something.
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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