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Impact of full county roll-out on various industries and stocks
simonkabz
#11 Posted : Monday, May 16, 2011 9:21:07 PM
Rank: Elder

Joined: 3/2/2007
Posts: 8,776
Location: Cameroon
Lolest you have no idea at all. Local govts have peanuts, the LATF notwithstanding. The counties will cöntrol over 150 billion ksh, much more than our annual roads budget. That shall have a MASSIVE IMPACT. We can all attest to the success of the CDF, a measly 25b (2010-11). Now multiply this by 6. There will be lots of cash out there n numerous casual jobs. Did a quick scan of Murang'a, my county-used to get around 700m fm the CDF kitty (2.5%). Multiplying ths by a factor of 6, the funds baloon to over 3B. I rest my case n activate my throat...
TULIA.........UFUNZWE!
Cde Monomotapa
#12 Posted : Monday, May 16, 2011 9:32:17 PM
Rank: Chief

Joined: 1/13/2011
Posts: 5,964
The formation of counties is evidently the economic game changer our nation is about actualise. Positive inter-county competition will elevate this economy to greater heights! Better start finding your angles fellow comrades.
Lolest!
#13 Posted : Tuesday, May 17, 2011 7:12:47 AM
Rank: Elder

Joined: 3/18/2011
Posts: 12,069
Location: Kianjokoma
Fourth Schedule - Distribution of functions between National and the county governments

Part 2—County Governments

Part 2—County Governments
The functions and powers of the county are--
1. Agriculture, including—
(a) crop and animal husbandry;
(b) livestock sale yards;
(c) county abattoirs;
(d) plant and animal disease control; and
(e) fisheries.
2. County health services, including, in particular—
(a) county health facilities and pharmacies;
(b) ambulance services;
(c) promotion of primary health care;
(d) licensing and control of undertakings that sell food to the public;
(e) veterinary services (excluding regulation of the profession);
(f) cemeteries, funeral parlours and crematoria; and
(g) refuse removal, refuse dumps and solid waste disposal.
3. Control of air pollution, noise pollution, other public nuisances and outdoor advertising.
4. Cultural activities, public entertainment and public amenities,including--
(a) betting, casinos and other forms of gambling;
(b) racing;
(c) liquor licensing;
(d) cinemas;
(e) video shows and hiring;
(f) libraries;
(g) museums;
(h) sports and cultural activities and facilities; and
(i) county parks, beaches and recreation facilities.
5. County transport, including--
(a) county roads;
(b) street lighting;
(c) traffic and parking;
(d) public road transport; and
(e) ferries and harbours, excluding the regulation of international and national shipping and matters related thereto.
6. Animal control and welfare, including--
(a) licensing of dogs; and
(b) facilities for the accommodation, care and burial of animals.
7. Trade development and regulation, including--
(a) markets;
(b) trade licences (excluding regulation of professions);
(c) fair trading practices;
(d) local tourism; and
(e) cooperative societies.
8. County planning and development, including—
(a) statistics;
(b) land survey and mapping;
(c) boundaries and fencing;
(d) housing; and
(e) electricity and gas reticulation and energy regulation.
9. Pre-primary education, village polytechnics, homecraft centres and childcare facilities.
10. Implementation of specific national government policies on natural resources and environmental conservation, including--
(a) soil and water conservation; and
(b) forestry.
11. County public works and services, including--
(a) storm water management systems in built-up areas; and
(b) water and sanitation services.
12. Fire fighting services and disaster management.
13. Control of drugs and pornography.
14. Ensuring and coordinating the participation of communities and locations in governance at the local level and assisting communities and locations to develop the administrative capacity for the effective exercise of the functions and powers and participation in governance at the local level.


Simonkabz et al, is there something else I am missing? Where?


Laughing out loudly smile Applause d'oh! Sad Drool Liar Shame on you Pray
Cde Monomotapa
#14 Posted : Tuesday, May 17, 2011 7:51:28 AM
Rank: Chief

Joined: 1/13/2011
Posts: 5,964
@the man of the most laugh. I have stated in another thread that a governments core business is primarily to FACILITATE social & economic activities. That is exactly & as you have rightly listed what counties are out to achieve but this time at a greater scale than current local govts (i.e 10% of national fiscus). I was under the presumption that we all understood that (public) infrastructure development is followed by (private) investment?!? At no certain time was I illusioned that county govas will be business units!!
For Sport
#15 Posted : Tuesday, May 17, 2011 8:03:43 AM
Rank: Veteran

Joined: 12/23/2010
Posts: 1,229
Under Article 203 (2, County governments are to get not less than 15% of revenue collected by the National Government.
This floor is a bit low. Effectively, the central government can retain upto 85% of what it collects from us...….despite the fact that the county governments are charged with the responsibility of implementing all the thongs on Lolest!’s list.
simonkabz
#16 Posted : Tuesday, May 17, 2011 10:08:54 AM
Rank: Elder

Joined: 3/2/2007
Posts: 8,776
Location: Cameroon
@Laughing out loudly elewa jamaa. Local govts have been doing all that, with very thin budget. The central govt shall still foot the recurrent n dvt expenditure in totality, only that this time machinani shall be swimming in cash, at a much greater scale than the hailed CDF and the poorly managed LATF. What less than 1b has done for Murang'a, over 3b can do better.... unless im not getting ua point....
TULIA.........UFUNZWE!
For Sport
#17 Posted : Friday, August 19, 2011 9:15:57 PM
Rank: Veteran

Joined: 12/23/2010
Posts: 1,229
Opportunities in counties will open up.

There's an ongoing conference (19th-20th August) on investment opportunities in the North Rift region

I hope we see counties tripping over themselves to identify their "competitive advantages" and develop what they do best.
Good example is tourism. This country has many hidden gems but most people's idea of a holiday is heading down to the Coast. The North Rift has identified sports tourism as one of the areas for investment. I think its about opening up the counties to the rest of the country AND to the rest of the world.
For Sport
#18 Posted : Saturday, August 20, 2011 9:39:33 PM
Rank: Veteran

Joined: 12/23/2010
Posts: 1,229
Cde Monomotapa wrote:
Banks, Cement & Energy stocks.


Cement companies battling for raw material lands
(nairobi star)
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