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Kenya and the Global meltdown
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kADUCK
#1 Posted : Monday, April 06, 2009 6:41:00 AM
Rank: Member

Joined: 3/4/2009
Posts: 9
Are we yet to feel the global economic crisis in our economy or are we still at the introduction stage and yet to feel the full force of this global meltdown.If we are getting out of this crunch what are the indicators that we are,and if we are still at the beginning what is yet to happen to our economy.

kaduck
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McReggae
#2 Posted : Monday, April 06, 2009 6:49:00 AM
Rank: Elder

Joined: 6/17/2008
Posts: 23,365
Location: Nairobi
If you are not yet feeling it,count yourself lucky!!!!

Make money.....then you will enjoy all the fine things in life!!!
..."Wewe ni mtu mdogo sana....na mwenye amekuandika pia ni mtu mdogo sana!".
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kADUCK
#3 Posted : Monday, April 06, 2009 6:55:00 AM
Rank: Member

Joined: 3/4/2009
Posts: 9
i am feeling it jut trying to predict when its going to cool down,even from the budget we are going to get,major cutbacks are expected,guys are being laid of Zain,Eabl,in the stockmarket name it. are we expecting a reduction of this or are we feeling the true trickle effect now.

kaduck
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Sober
#4 Posted : Monday, April 06, 2009 8:40:00 AM
Rank: Elder

Joined: 11/27/2007
Posts: 3,604
i felt it till am used to it.

A likely impossibility is always preferable to an unconvincing posibility.
African parents don't know how to say sorry.. the closest you will get to a sorry is a 'have you eaten'
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Lollipop
#5 Posted : Monday, April 06, 2009 9:02:00 AM
Rank: Member

Joined: 11/21/2007
Posts: 12
Nakumatt to retrench 500 staff due to demolition of Thika road branch & the Downtown fire & reduced profis from reduced turnover. Theyve already cut back on their advertising budget.

Chance Favours the prepared mind.
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VituVingiSana
#6 Posted : Monday, April 06, 2009 9:25:00 AM
Rank: Chief

Joined: 1/3/2007
Posts: 18,383
Location: Nairobi
Why did the gava demolish Nakumatt Thika while nothing substantial is happening there? At least we could have a Nakumatt to go to that was convenient. And people would still have jobs! If it were to be demolished,they could have waited for a few more months.

Greedy when others are fearful,Very fearful when others are greedy - to paraphrase WB
Greedy when others are fearful. Very fearful when others are greedy - to paraphrase Warren Buffett
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simonkabz
#7 Posted : Monday, April 06, 2009 9:43:00 AM
Rank: Elder

Joined: 3/2/2007
Posts: 8,776
Location: Cameroon
@vitu,the chinese r already on thika road. U havent seen some huge machines at work there? The bushes are being cleared n the camps being set up. Check again. One thing that makes me a bit confident of this f#*€d up coalition is the numerous roads being rehabilitated. Who takes credit? Is it kimunya who allocated a whoping 80 billion(???) to the ministry? Anyway,not 4me to decide. Na kenya twasonga mbele...

Truest proverb: Mwenda pole hajikwai
TULIA.........UFUNZWE!
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VituVingiSana
#8 Posted : Monday, April 06, 2009 9:52:00 AM
Rank: Chief

Joined: 1/3/2007
Posts: 18,383
Location: Nairobi
The Chinese have not reached Nakumatt Thika yet OR have I even forgotten it ever existed? Well... I hope the project is NOT delayed coz of the ******-up coalition.

Greedy when others are fearful,Very fearful when others are greedy - to paraphrase WB
Greedy when others are fearful. Very fearful when others are greedy - to paraphrase Warren Buffett
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simonkabz
#9 Posted : Monday, April 06, 2009 9:57:00 AM
Rank: Elder

Joined: 3/2/2007
Posts: 8,776
Location: Cameroon
Labda mimi aliona vitu yangu! What could those funny eyed asians be doing there? Drilling oil?

Truest proverb: Mwenda pole hajikwai
TULIA.........UFUNZWE!
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kADUCK
#10 Posted : Monday, April 06, 2009 11:12:00 AM
Rank: Member

Joined: 3/4/2009
Posts: 9
things are so bad,that the chiness are hiring some ex prisoners to do the work. Plus Martha is out,i mean is anyone seeing our economy recovering after all this political and global events. what become of the CMA board?

kaduck
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