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Attempted Coup in South Sudan
VituVingiSana
#1 Posted : Monday, December 16, 2013 9:24:18 AM
Rank: Chief


Joined: 1/3/2007
Posts: 18,101
Location: Nairobi
Let's see who will be affected.

Co-op which recently opened branches. They have made ZERO & will already face huge losses.

KCB - Branches closed? Looting?

Equity - Branches closed? Looting?

KQ - Suspended flights
Greedy when others are fearful. Very fearful when others are greedy - to paraphrase Warren Buffett
streetwise
#2 Posted : Monday, December 16, 2013 9:56:58 AM
Rank: Veteran


Joined: 6/23/2011
Posts: 1,740
Location: Nairobi
how sad for this young nation..I pray they go back to normality
mkonomtupu
#3 Posted : Monday, December 16, 2013 10:00:40 AM
Rank: Veteran


Joined: 2/10/2010
Posts: 1,001
Location: River Road
From what I gather this is a small fight between the Dinka and Nuer over some army barracks
VituVingiSana
#4 Posted : Monday, December 16, 2013 10:08:59 AM
Rank: Chief


Joined: 1/3/2007
Posts: 18,101
Location: Nairobi
mkonomtupu wrote:
From what I gather this is a small fight between the Dinka and Nuer over some army barracks
Isn't that how it all starts? A 'small fight' between soldiers of different tribes? In 2008, it all started from a few small fights, a few pangas, a few deaths...
Greedy when others are fearful. Very fearful when others are greedy - to paraphrase Warren Buffett
poundfoolish
#5 Posted : Monday, December 16, 2013 10:11:32 AM
Rank: Elder


Joined: 12/2/2009
Posts: 2,458
Location: Nairobi
Question is will the Nuer and Dinka now ever stop fighting..?

If a fight over some army barracks has closed major communication channels and airports.. how much harm when elections come..

Remaining question is what losses would our corporates incur?
King G
#6 Posted : Monday, December 16, 2013 10:41:25 AM
Rank: Elder


Joined: 6/20/2012
Posts: 3,855
Location: Othumo
EABL was trying to penetrate that market.
Thieves
obiero
#7 Posted : Monday, December 16, 2013 7:47:57 PM
Rank: Elder


Joined: 6/23/2009
Posts: 13,507
Location: nairobi
VituVingiSana wrote:
Let's see who will be affected.

Co-op which recently opened branches. They have made ZERO & will already face huge losses.

KCB - Branches closed? Looting?

Equity - Branches closed? Looting?

KQ - Suspended flights

Please remove KQ from your list. Watu lazima watapanda ndege kurudi makwao/ugenini!!! Ama?

HF 90,000 ABP 3.83; KQ 414,100 ABP 7.92; MTN 23,800 ABP 6.45
obiero
#8 Posted : Monday, December 16, 2013 9:58:58 PM
Rank: Elder


Joined: 6/23/2009
Posts: 13,507
Location: nairobi
Ngai. My fear is confirmed. Nimepata msg kuwa KQ imesuspend all flights in and out. Hopefully, Lokichogio should pick up. They'll travel to the border and KQ shall pick them from there! Clutching on straws? :)

HF 90,000 ABP 3.83; KQ 414,100 ABP 7.92; MTN 23,800 ABP 6.45
GGK
#9 Posted : Monday, December 16, 2013 10:17:10 PM
Rank: Member


Joined: 11/21/2006
Posts: 608
Location: Ruiru
Very worrying. Kenya [and East African] cannot afford anothef source of regional instability.

The oil-rich country is ethnically and politically divided, with many armed groups active ...which makes the situation as complex as it is fragile. We need to carefully guard the stability of South Sudan as if it is our own. They also happpen to be major partners in LAPSSET
"..I am because we are. "― Ubuntu, Umtu,
hisah
#10 Posted : Tuesday, December 17, 2013 5:34:49 AM
Rank: Chief


Joined: 8/4/2010
Posts: 8,977
I'm trying to read the crystal ball of SSudan.

- SSP devalued a few weeks ago.
- $1 Billion reserves to be used to defend the SSP devaluation as well as pay back foreign loans in 2-3 mths as per Sabuni Tisa (Treasury minister).
- Oil flow was supposed to normalize in 4-5 mths time.

Suddenly there is a coup...

Likely effects...
- FX reserves will burn out fast...
- Expensive USD aka USD rate spike on the cards and on the back of a devalued SSP and soon to be hammered SSP.
- Oil export to be crimped yet again.
- SSP as well as SS econ to take it in the chin very hard due to the 3 points above.

Likely outcome
- More devalution on SSP
- Interbank rate spike (strangled money velocity)
- Inflation spike yet again
- Econ growth on deflated tyres
- Foreign loans non-payment. And IMF (debt collection Caesar) will be right on time to "help out" on restructuring the loans. Yes, by aiding with more loans and advising on more SSP delavuation!?!
- SS CB will have one hell of an ugly fight with inflation, USD rate spike, SSP meltdown and liquidity drought.

**I have never seen a developing nation in the foreign debt trap pay up its loans. Sabuni Tisa is trying this stunt - got balls of steel this SS Treasury man.**

Losers as @vvs pointed out as well as the UG/SS border flourishing trade.

Winners money changers both legal and black market as USD drought bites hard forcing its rate to spike.

KE too is experiencing a restive period at the North toward SS... Perhaps same chaos agents pulling the strings.

Oil is a sticky biz just like hard drugs and arms trade due to their cartel nature Sad
$15/barrel oil... The commodities lehman moment arrives as well as Sovereign debt volcano!
murchr
#11 Posted : Tuesday, December 17, 2013 5:44:50 AM
Rank: Elder


Joined: 2/26/2012
Posts: 15,980
hisah wrote:
I'm trying to read the crystal ball of SSudan.

- SSP devalued a few weeks ago.
- $1 Billion reserves to be used to defend the SSP devaluation as well as pay back foreign loans in 2-3 mths as per Sabuni Tisa (Treasury minister).
- Oil flow was supposed to normalize in 4-5 mths time.

Suddenly there is a coup...

Likely effects...
- FX reserves will burn out fast...
- Expensive USD aka USD rate spike on the cards and on the back of a devalued SSP and soon to be hammered SSP.
- Oil export to be crimped yet again.
- SSP as well as SS econ to take it in the chin very hard due to the 3 points above.

Likely outcome
- More devalution on SSP
- Interbank rate spike (strangled money velocity)
- Inflation spike yet again
- Econ growth on deflated tyres
- Foreign loans non-payment. And IMF (debt collection Caesar) will be right on time to "help out" on restructuring the loans. Yes, by aiding with more loans and advising on more SSP delavuation!?!
- SS CB will have one hell of an ugly fight with inflation, USD rate spike, SSP meltdown and liquidity drought.

**I have never seen a developing nation in the foreign debt trap pay up its loans. Sabuni Tisa is trying this stunt - got balls of steel this SS Treasury man.**

Losers as @vvs pointed out as well as the UG/SS border flourishing trade.

Winners money changers both legal and black market as USD drought bites hard forcing its rate to spike.

KE too is experiencing a restive period at the North toward SS... Perhaps same chaos agents pulling the strings.

Oil is a sticky biz just like hard drugs and arms trade due to their cartel nature Sad


I think so remember since some 20 so called personnel were sent to help out find Kony in CAR that country has never been stable.
"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
.
kizee1
#12 Posted : Tuesday, December 17, 2013 6:38:09 PM
Rank: Member


Joined: 9/29/2010
Posts: 679
Location: nairobi
hisah wrote:
I'm trying to read the crystal ball of SSudan.

- SSP devalued a few weeks ago.
- $1 Billion reserves to be used to defend the SSP devaluation as well as pay back foreign loans in 2-3 mths as per Sabuni Tisa (Treasury minister).
- Oil flow was supposed to normalize in 4-5 mths time.

Suddenly there is a coup...

Likely effects...
- FX reserves will burn out fast...
- Expensive USD aka USD rate spike on the cards and on the back of a devalued SSP and soon to be hammered SSP.
- Oil export to be crimped yet again.
- SSP as well as SS econ to take it in the chin very hard due to the 3 points above.

Likely outcome
- More devalution on SSP
- Interbank rate spike (strangled money velocity)
- Inflation spike yet again
- Econ growth on deflated tyres
- Foreign loans non-payment. And IMF (debt collection Caesar) will be right on time to "help out" on restructuring the loans. Yes, by aiding with more loans and advising on more SSP delavuation!?!
- SS CB will have one hell of an ugly fight with inflation, USD rate spike, SSP meltdown and liquidity drought.

**I have never seen a developing nation in the foreign debt trap pay up its loans. Sabuni Tisa is trying this stunt - got balls of steel this SS Treasury man.**

Losers as @vvs pointed out as well as the UG/SS border flourishing trade.

Winners money changers both legal and black market as USD drought bites hard forcing its rate to spike.

KE too is experiencing a restive period at the North toward SS... Perhaps same chaos agents pulling the strings.

Oil is a sticky biz just like hard drugs and arms trade due to their cartel nature Sad



just one correction,the usdssp deval was reversed the following day by salva kiir...

as for losers,some kenyan banks lent to the GOSS in USD in some size and they stand to loose,well i suppose by the time of my typing this response the coup has been reversed..
Kalameni
#13 Posted : Tuesday, December 17, 2013 8:21:25 PM
Rank: New-farer


Joined: 9/20/2010
Posts: 79
pray nd hope our kenyan citizens are safe nd sound nd southern sudan stops this infighting for its own good nd its neighbours esp us.
freiks
#14 Posted : Tuesday, December 17, 2013 8:58:35 PM
Rank: Veteran


Joined: 6/8/2010
Posts: 1,729
Kalameni wrote:
pray nd hope our kenyan citizens are safe nd sound nd southern sudan stops this infighting for its own good nd its neighbours esp us.

A friend called me and amid the call i could here gunshots but he cant go anywhere, he could even afford laughter telling me how an ethiopian guy was shot in the buttocks
Life is an endless adventure
hisah
#15 Posted : Wednesday, December 18, 2013 12:06:39 AM
Rank: Chief


Joined: 8/4/2010
Posts: 8,977
kizee1 wrote:
hisah wrote:
I'm trying to read the crystal ball of SSudan.

- SSP devalued a few weeks ago.
- $1 Billion reserves to be used to defend the SSP devaluation as well as pay back foreign loans in 2-3 mths as per Sabuni Tisa (Treasury minister).
- Oil flow was supposed to normalize in 4-5 mths time.

Suddenly there is a coup...

Likely effects...
- FX reserves will burn out fast...
- Expensive USD aka USD rate spike on the cards and on the back of a devalued SSP and soon to be hammered SSP.
- Oil export to be crimped yet again.
- SSP as well as SS econ to take it in the chin very hard due to the 3 points above.

Likely outcome
- More devalution on SSP
- Interbank rate spike (strangled money velocity)
- Inflation spike yet again
- Econ growth on deflated tyres
- Foreign loans non-payment. And IMF (debt collection Caesar) will be right on time to "help out" on restructuring the loans. Yes, by aiding with more loans and advising on more SSP delavuation!?!
- SS CB will have one hell of an ugly fight with inflation, USD rate spike, SSP meltdown and liquidity drought.

**I have never seen a developing nation in the foreign debt trap pay up its loans. Sabuni Tisa is trying this stunt - got balls of steel this SS Treasury man.**

Losers as @vvs pointed out as well as the UG/SS border flourishing trade.

Winners money changers both legal and black market as USD drought bites hard forcing its rate to spike.

KE too is experiencing a restive period at the North toward SS... Perhaps same chaos agents pulling the strings.

Oil is a sticky biz just like hard drugs and arms trade due to their cartel nature Sad



just one correction,the usdssp deval was reversed the following day by salva kiir...

as for losers,some kenyan banks lent to the GOSS in USD in some size and they stand to loose,well i suppose by the time of my typing this response the coup has been reversed..

Oh, the devaluation was reversed. Now I see the picture... Financial hitmen or vigilantes are lurking around...

SS has thrown a curve ball into the Malawi money masters replica play...
$15/barrel oil... The commodities lehman moment arrives as well as Sovereign debt volcano!
sparkly
#16 Posted : Wednesday, December 18, 2013 1:44:11 AM
Rank: Elder


Joined: 9/23/2009
Posts: 8,083
Location: Enk are Nyirobi
hisah wrote:
kizee1 wrote:
hisah wrote:
I'm trying to read the crystal ball of SSudan.

- SSP devalued a few weeks ago.
- $1 Billion reserves to be used to defend the SSP devaluation as well as pay back foreign loans in 2-3 mths as per Sabuni Tisa (Treasury minister).
- Oil flow was supposed to normalize in 4-5 mths time.

Suddenly there is a coup...

Likely effects...
- FX reserves will burn out fast...
- Expensive USD aka USD rate spike on the cards and on the back of a devalued SSP and soon to be hammered SSP.
- Oil export to be crimped yet again.
- SSP as well as SS econ to take it in the chin very hard due to the 3 points above.

Likely outcome
- More devalution on SSP
- Interbank rate spike (strangled money velocity)
- Inflation spike yet again
- Econ growth on deflated tyres
- Foreign loans non-payment. And IMF (debt collection Caesar) will be right on time to "help out" on restructuring the loans. Yes, by aiding with more loans and advising on more SSP delavuation!?!
- SS CB will have one hell of an ugly fight with inflation, USD rate spike, SSP meltdown and liquidity drought.

**I have never seen a developing nation in the foreign debt trap pay up its loans. Sabuni Tisa is trying this stunt - got balls of steel this SS Treasury man.**

Losers as @vvs pointed out as well as the UG/SS border flourishing trade.

Winners money changers both legal and black market as USD drought bites hard forcing its rate to spike.

KE too is experiencing a restive period at the North toward SS... Perhaps same chaos agents pulling the strings.

Oil is a sticky biz just like hard drugs and arms trade due to their cartel nature Sad



just one correction,the usdssp deval was reversed the following day by salva kiir...

as for losers,some kenyan banks lent to the GOSS in USD in some size and they stand to loose,well i suppose by the time of my typing this response the coup has been reversed..

Oh, the devaluation was reversed. Now I see the picture... Financial hitmen or vigilantes are lurking around...

SS has thrown a curve ball into the Malawi money masters replica play...


Break down this dialogue, in ENGLISH please.

Life is short. Live passionately.
hisah
#17 Posted : Wednesday, December 18, 2013 8:54:43 AM
Rank: Chief


Joined: 8/4/2010
Posts: 8,977
@sparkly - read about Malawi just before Mutharika became president. Then when he was president on how he made his nation food secure from insecure. How he turned down foreign loans as he did a Kibaki like econ recovery. Then the West's propaganda machine started, then the econ sabotage, then he got ill and passed. Next on was one Banda. Read about her career. Once at the helm the propaganda stopped, donors were happy, foreign aid was resumed, and foreign loans are back with a bang. The econ has erased Mutharika's efforts...

SS former leader policies were not aligned with the West. Helicopter crash. Next online they thought would be favourable, but hata yeye amekuwa kichwa ngumu. The saboteurs are lurking. Comprende smile

Confessions of an economic hitman, Disaster capitalism, Black swan, Naked capitalism are some nice reference books if you want to see the invisible puppet masters...

There was a time these stuff was crazy conspiracy theory. How the world has suddenly woken up to reality since dotcom bubble bust, 9/11 and GFC...

** Markets hate confessions... Global bankers have started confessing... FED taper is just a mask**
$15/barrel oil... The commodities lehman moment arrives as well as Sovereign debt volcano!
Candlesticks
#18 Posted : Wednesday, December 18, 2013 10:15:06 AM
Rank: New-farer


Joined: 12/16/2013
Posts: 49
Location: Nairobi
Am still lost a little.
"'Nowadays people know the price of everything and the value of nothing.' - Oscar Wilde.
Sufficiently Philanga....thropic
#19 Posted : Wednesday, December 18, 2013 10:20:08 AM
Rank: Elder


Joined: 9/23/2010
Posts: 2,220
Location: Sundowner,Amboseli
hisah wrote:
@sparkly - read about Malawi just before Mutharika became president. Then when he was president on how he made his nation food secure from insecure. How he turned down foreign loans as he did a Kibaki like econ recovery. Then the West's propaganda machine started, then the econ sabotage, then he got ill and passed. Next on was one Banda. Read about her career. Once at the helm the propaganda stopped, donors were happy, foreign aid was resumed, and foreign loans are back with a bang. The econ has erased Mutharika's efforts...

SS former leader policies were not aligned with the West. Helicopter crash. Next online they thought would be favourable, but hata yeye amekuwa kichwa ngumu. The saboteurs are lurking. Comprende smile

Confessions of an economic hitman, Disaster capitalism, Black swan, Naked capitalism are some nice reference books if you want to see the invisible puppet masters...

There was a time these stuff was crazy conspiracy theory. How the world has suddenly woken up to reality since dotcom bubble bust, 9/11 and GFC...

** Markets hate confessions... Global bankers have started confessing... FED taper is just a mask**

Interesting the lengths to which the owners of the world would go.
Strategy:Enslave them with the 'Almighy USD' aka debtsmile
@SufficientlyP
Sufficiently Philanga....thropic
#20 Posted : Wednesday, December 18, 2013 10:21:39 AM
Rank: Elder


Joined: 9/23/2010
Posts: 2,220
Location: Sundowner,Amboseli
aka funny money
@SufficientlyP
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