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Rank: Chief Joined: 5/31/2011 Posts: 5,121
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Rank: Veteran Joined: 3/26/2012 Posts: 1,182
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murchr wrote:
You may need to read and synthesize my posts again
@murchr, I won't tell you to synthesize anything, just answer the questions in blue. If you have no answers,just move on. Don't waste time guessing why i'm on this thread or wazua for that matter. Do we import Sugar? Rice? Maize? Eggs?
Do we have mitumba sugar? rice? maize? eggs?
Why do we import the above?
Why are the imports cheaper?
How much cotton do we need to dress Kenya? 90,000 tons on average per year? Assume an acre produces 1 ton per year.
How many people will the textiles industry employ?
How many people does mutumba employ?
How much does an EPZ employee earn now?
How much does a mtumba retailer earn now,on average?
Grade A cotton fecthes 40 bob in Kenya [assumption].
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Rank: Elder Joined: 2/26/2012 Posts: 15,980
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KRA busts Sh8bn tax evasion scam involving multinationalsRwanda starts work on regional railway project"There are only two emotions in the market, hope & fear. The problem is you hope when you should fear & fear when you should hope: - Jesse Livermore
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Rank: Member Joined: 8/17/2011 Posts: 207 Location: humu humu
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mkeiyd wrote:murchr wrote:
You may need to read and synthesize my posts again
@murchr, I won't tell you to synthesize anything, just answer the questions in blue. If you have no answers,just move on. Don't waste time guessing why i'm on this thread or wazua for that matter. Do we import Sugar? Rice? Maize? Eggs?
Do we have mitumba sugar? rice? maize? eggs?
Why do we import the above?
Why are the imports cheaper?
How much cotton do we need to dress Kenya? 90,000 tons on average per year? Assume an acre produces 1 ton per year.
How many people will the textiles industry employ?
How many people does mutumba employ?
How much does an EPZ employee earn now?
How much does a mtumba retailer earn now,on average?
Grade A cotton fecthes 40 bob in Kenya [assumption]. What murchir is trying to say is that textiles (manufacturing) has many forward and backward linkages and its overall effect to the economy,if run well could be greater than that of mitumba(by far!).. mitumba only employs retailers..textiles will employ farmers,create employment in manufacturing companies,and finally the retailers(who purchase from such companies) not to forget the impact if goods are exported.come on guys is that rocket science? i cud go on and on .might even add that mitumba depletes our foreign reserves since we r importing in dollars while textiles exports wud...well thats a weak point but a point nonetheless!
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Rank: Elder Joined: 5/21/2013 Posts: 2,841 Location: Here
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kaifastus wrote:mkeiyd wrote:murchr wrote:
You may need to read and synthesize my posts again
@murchr, I won't tell you to synthesize anything, just answer the questions in blue. If you have no answers,just move on. Don't waste time guessing why i'm on this thread or wazua for that matter. Do we import Sugar? Rice? Maize? Eggs?
Do we have mitumba sugar? rice? maize? eggs?
Why do we import the above?
Why are the imports cheaper?
How much cotton do we need to dress Kenya? 90,000 tons on average per year? Assume an acre produces 1 ton per year.
How many people will the textiles industry employ?
How many people does mutumba employ?
How much does an EPZ employee earn now?
How much does a mtumba retailer earn now,on average?
Grade A cotton fecthes 40 bob in Kenya [assumption]. What murchir is trying to say is that textiles (manufacturing) has many forward and backward linkages and its overall effect to the economy,if run well could be greater than that of mitumba(by far!).. mitumba only employs retailers..textiles will employ farmers,create employment in manufacturing companies,and finally the retailers(who purchase from such companies) not to forget the impact if goods are exported.come on guys is that rocket science? i cud go on and on .might even add that mitumba depletes our foreign reserves since we r importing in dollars while textiles exports wud...well thats a weak point but a point nonetheless! Been watching this debate from the sidelines. There's one thing that perplexes me: Why are some of the imported commodities (e.g. textiles, sugar, etc) cheaper than their locally produced counterparts? What is it that some of these source countries do right and why can't we replicate the same here? I wanna believe subsidies is not the full story. Life is like playing a violin solo in public and learning the instrument as one goes on.
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Rank: Member Joined: 8/17/2011 Posts: 207 Location: humu humu
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Rankaz13 wrote:kaifastus wrote:mkeiyd wrote:murchr wrote:
You may need to read and synthesize my posts again
@murchr, I won't tell you to synthesize anything, just answer the questions in blue. If you have no answers,just move on. Don't waste time guessing why i'm on this thread or wazua for that matter. Do we import Sugar? Rice? Maize? Eggs?
Do we have mitumba sugar? rice? maize? eggs?
Why do we import the above?
Why are the imports cheaper?
How much cotton do we need to dress Kenya? 90,000 tons on average per year? Assume an acre produces 1 ton per year.
How many people will the textiles industry employ?
How many people does mutumba employ?
How much does an EPZ employee earn now?
How much does a mtumba retailer earn now,on average?
Grade A cotton fecthes 40 bob in Kenya [assumption]. What murchir is trying to say is that textiles (manufacturing) has many forward and backward linkages and its overall effect to the economy,if run well could be greater than that of mitumba(by far!).. mitumba only employs retailers..textiles will employ farmers,create employment in manufacturing companies,and finally the retailers(who purchase from such companies) not to forget the impact if goods are exported.come on guys is that rocket science? i cud go on and on .might even add that mitumba depletes our foreign reserves since we r importing in dollars while textiles exports wud...well thats a weak point but a point nonetheless! Been watching this debate from the sidelines. There's one thing that perplexes me: Why are some of the imported commodities (e.g. textiles, sugar, etc) cheaper than their locally produced counterparts? What is it that some of these source countries do right and why can't we replicate the same here? I wanna believe subsidies is not the full story. 1.technology enables countries such as Israel to produce more crops per acre. kenya can of course buy that technology and produce more however its obvious the costs wud go up by the equivalent of the imported "technology" cost. (tech here includes fertilizers,high quality seeds,other farm inputs and even expert knowledge 2.high energy costs,poor infrastructure that translates to high cost of transport and production 2.subsidies. yea just that subsidies. 3 information flow. availability of info on market trends,prices both local and global goes a long way in helping in planning (even elimination brokers): info on international standards of packaging and quality etc is crucial in breaking various barriers to entry in other markets. notice that i don't mention high tax precisely coz its global phenomenon!
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Rank: Elder Joined: 2/26/2012 Posts: 15,980
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Rankaz13 wrote:kaifastus wrote:mkeiyd wrote:murchr wrote:
You may need to read and synthesize my posts again
@murchr, I won't tell you to synthesize anything, just answer the questions in blue. If you have no answers,just move on. Don't waste time guessing why i'm on this thread or wazua for that matter. Do we import Sugar? Rice? Maize? Eggs?
Do we have mitumba sugar? rice? maize? eggs?
Why do we import the above?
Why are the imports cheaper?
How much cotton do we need to dress Kenya? 90,000 tons on average per year? Assume an acre produces 1 ton per year.
How many people will the textiles industry employ?
How many people does mutumba employ?
How much does an EPZ employee earn now?
How much does a mtumba retailer earn now,on average?
Grade A cotton fecthes 40 bob in Kenya [assumption]. What murchir is trying to say is that textiles (manufacturing) has many forward and backward linkages and its overall effect to the economy,if run well could be greater than that of mitumba(by far!).. mitumba only employs retailers..textiles will employ farmers,create employment in manufacturing companies,and finally the retailers(who purchase from such companies) not to forget the impact if goods are exported.come on guys is that rocket science? i cud go on and on .might even add that mitumba depletes our foreign reserves since we r importing in dollars while textiles exports wud...well thats a weak point but a point nonetheless! Been watching this debate from the sidelines. There's one thing that perplexes me: Why are some of the imported commodities (e.g. textiles, sugar, etc) cheaper than their locally produced counterparts? What is it that some of these source countries do right and why can't we replicate the same here? I wanna believe subsidies is not the full story. 1. Production costs - Brought about by energy costs, lack of superior technology(eg Webuye paper mills) or the lack of it. For crops the cost of raw material, fertilizer or the know how to go about production, variety of rawmaterial that would get higher yields etc 2. Poor infrastructure - Consider places with no roads or rail network. (Do you remember Kibaki's 2002 campaign)  . 3. Subsidies yes...tena sana in form of grants etc. 4. Tax rebates 5. Unions...Remember when some tea farms wanted to introduce machines to pick tea and Atwoli went bananas? Some unions cripple organizations completely 6. Because most of our farmers are small scale farmers, they don't benefit from the economies of scale that may arise from production in large quantities. That's why they are encouraged to form sacco's and do communal farming. eg Kakuzi, mboi kamiti Na kathalika Everything is possible "There are only two emotions in the market, hope & fear. The problem is you hope when you should fear & fear when you should hope: - Jesse Livermore
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Rank: Veteran Joined: 3/26/2012 Posts: 1,182
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murchr wrote:1. Production costs - Brought about by energy costs, lack of superior technology(eg Webuye paper mills) or the lack of it. For crops the cost of raw material, fertilizer or the know how to go about production, variety of rawmaterial that would get higher yields etc 2. Poor infrastructure - Consider places with no roads or rail network. (Do you remember Kibaki's 2002 campaign) . 3. Subsidies yes...tena sana in form of grants etc. 4. Tax rebates 5. Unions...Remember when some tea farms wanted to introduce machines to pick tea and Atwoli went bananas? Some unions cripple organizations completely 6. Because most of our farmers are small scale farmers, they don't benefit from the economies of scale that may arise from production in large quantities. That's why they are encouraged to form sacco's and do communal farming. eg Kakuzi, mboi kamiti Na kathalika Everything is possible @murchr. Now we are talking. Before we start on the populists road of "ban mutumba" , BEFORE efficient production foundation is laid. Once all the ills of production in our country are cured,then mutumba can be banned,even though it will be on its death bed. By that time,local products will be cheaper and of better quality than the cheap imports and it would make sense to go local.
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Rank: Member Joined: 10/14/2011 Posts: 661
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The World Bank and the World Economic Forum (WEF) have rated Kenya as the highest country in Sub-Saharan Africa in terms of economic policies and institutions, making the country one of the hottest destinations of foreign investment. http://www.capitalfm.co....best-africa-world-bank/
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Rank: Chief Joined: 5/31/2011 Posts: 5,121
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Thiong'o wrote:The World Bank and the World Economic Forum (WEF) have rated Kenya as the highest country in Sub-Saharan Africa in terms of economic policies and institutions, making the country one of the hottest destinations of foreign investment. http://www.capitalfm.co.ke/busi...-best-africa-world-bank/ #Ready For Take Off
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