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Kenya Economy Watch
mwekez@ji
#391 Posted : Monday, September 16, 2013 9:15:22 AM
Rank: Chief

Joined: 5/31/2011
Posts: 5,121
Museveni
#392 Posted : Monday, September 16, 2013 9:25:04 AM
Rank: Member

Joined: 8/16/2012
Posts: 661
Grand project to expand cotton industry by 260pc in three years



Cc: @murchr @mkeiyd . . .
Live and learn; and don’t forget, nothing ventured, nothing gained.
symbols
#393 Posted : Monday, September 16, 2013 12:25:09 PM
Rank: Elder

Joined: 3/19/2013
Posts: 2,552
mwekez@ji wrote:
mwekez@ji wrote:
Thiong'o wrote:
mwekez@ji wrote:
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


@mwekez@ji , do you believe this alternative analysis is a pointer to a country or sovereign risk?
http://www.standardmedia.co.ke/...ncial-risks&pageNo=1


Debt from the East carries far more benefits than debt from the west. Also debt from the East does not carry the sovereign risk of the debt from West. Also to note is that KE debt is sustainable and for the benefit of development


Citi tips Kenya to outgrow frontier status >>> http://www.businessdailyafrica....08/-/n67rx3/-/index.html


BRICKSsmile
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#394 Posted : Monday, September 16, 2013 12:30:23 PM
Rank: Elder

Joined: 3/19/2013
Posts: 2,552
mkeiyd
#395 Posted : Monday, September 16, 2013 12:49:10 PM
Rank: Veteran

Joined: 3/26/2012
Posts: 1,182
Museveni wrote:
Grand project to expand cotton industry by 260pc in three years



Cc: @murchr @mkeiyd . . .


The first steps to get us there.
Siringi
#396 Posted : Monday, September 16, 2013 2:47:01 PM
Rank: Elder

Joined: 6/8/2013
Posts: 2,517
Balloning Public wage Bill we must take the bull by the horns

i saw Snr County Council Chairman Isaac Rutto Saying the same on TV sijaona link ya local press
kenyan-counties-move-to-axe-over-10000-ghost-workers

"πŸ˜–πŸ˜‘KQ makes money for everyone except the shareholder 😏😏 " overheard in Wazua
josimar
#397 Posted : Monday, September 16, 2013 3:54:13 PM
Rank: Member

Joined: 7/6/2010
Posts: 242
http://www.the-star.co.k...isis-two-trillion-debt.

At birth every Kenyan child owes the government fifty thousand shillings. Reports show that Kenya's debt has risen from seven hundred and fifty million shillings in June 2005 to two trillion shillings by June 2013. Experts warn that unless reforms are made, we will plunge in to heavy debt leading to a crisis.

Red flags are always being raised but am yet to her the Garment address this issue.
ProverB
#398 Posted : Monday, September 16, 2013 5:29:33 PM
Rank: Veteran

Joined: 3/12/2010
Posts: 1,199
Location: Eastlander
josimar wrote:
http://www.the-star.co.ke/news/article-135977/kenya-risks-financial-crisis-two-trillion-debt.

At birth every Kenyan child owes the government fifty thousand shillings. Reports show that Kenya's debt has risen from seven hundred and fifty million shillings in June 2005 to two trillion shillings by June 2013. Experts warn that unless reforms are made, we will plunge in to heavy debt leading to a crisis.

Red flags are always being raised but am yet to her the Garment address this issue.


Ati "owes the government"?...Si I thought Government ndio ina owe creditors deni?

..the Govt owes debt..and since the public owns the Govt..the child therefore owes creditors of the GovtKE KES50,000.00...not the Govt.

#BasicEconomics
..Let your light so shine before men, that they may see your good works, and glorify your Father which is in heaven...Matt5:16
- 1769 Oxford King James Bible 'Authorized Version
Ericsson
#399 Posted : Monday, September 16, 2013 11:20:54 PM
Rank: Elder

Joined: 12/4/2009
Posts: 10,808
Location: NAIROBI
There will be nothing significant happening in the economic front as attention has shifted to the hague cases the two principals are facing
Wealth is built through a relatively simple equation
Wealth=Income + Investments - Lifestyle
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#400 Posted : Tuesday, September 17, 2013 1:26:13 AM
Rank: Elder

Joined: 3/19/2013
Posts: 2,552
josimar wrote:
http://www.the-star.co.ke/news/article-135977/kenya-risks-financial-crisis-two-trillion-debt.

At birth every Kenyan child owes the government fifty thousand shillings. Reports show that Kenya's debt has risen from seven hundred and fifty million shillings in June 2005 to two trillion shillings by June 2013. Experts warn that unless reforms are made, we will plunge in to heavy debt leading to a crisis.

Red flags are always being raised but am yet to her the Garment address this issue.


Within certain limits I have no issue with debt.It's our capacity to repay the debts that should be addressed.Foreign investment in Kenya and the money generated from the resources are both good.

But,people always manage to find more expenses to accommodate an increase in income.It is important to track how we have managed&protected our income sources and also our income in relation to our expenses.Since we'll be using the debt to increase our capacity to repay it,efficiency should be a priority.
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