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KENOL-KOBIL 2014
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Realtreaty
#411 Posted : Thursday, November 20, 2014 6:29:34 PM
Rank: Elder

Joined: 8/16/2011
Posts: 2,389
Never mind taxes....we pay them when we buy anything from local shop...say a packet of 250 ml milk, a bottle of drinking water, small packaging bag etc. Taxes are for development and barring the only problem is when spent in a bad way.
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  | | Edit by user: Thursday, November 20, 2014 6:30 PM | Reason: Not specified
Realtreaty
#412 Posted : Friday, November 21, 2014 11:06:25 AM
Rank: Elder

Joined: 8/16/2011
Posts: 2,389
Grand Mullah Abhorred
The Kenya Pipeline Company (KPC) has turned its guns on Nairobi lawyer Ahmednasir Abdullahi, seeking his removal as the arbiter in a long-running Sh4.6 billion dispute with oil marketer KenolKobil.
Kenya Pipeline says Mr Abdullahi can no longer resolve the dispute to the satisfaction of the parties involved after he allegedly exposed his impartiality in an interview with a local TV station.
KPC has filed a fresh petition in the High Court, seeking to kick Mr Abdullahi out of the arbitration accusing him of bias.
The oil transport company claims that Mr Abdullahi’s interview during a live newscast with a local TV station in June revealed that he is not capable of conducting the proceedings with the required impartiality.
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  | | Edit by user: Friday, November 21, 2014 5:42 PM | Reason: Not specified
Pspitarson
#413 Posted : Friday, November 21, 2014 4:46:59 PM
Rank: Hello

Joined: 9/22/2014
Posts: 1
Applause
Realtreaty wrote:
@9.30 for the day high. Hope by Friday it will not re-trace its way back to 9 but way up to 10. One Month to go for most of the stocks and we will know which stock is good at end of Dec. to buy more with Xmas Bonuses.
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VituVingiSana
#414 Posted : Saturday, November 22, 2014 4:59:23 AM
Rank: Chief

Joined: 1/3/2007
Posts: 18,365
Location: Nairobi
Realtreaty wrote:
Never mind taxes....we pay them when we buy anything from local shop...say a packet of 250 ml milk, a bottle of drinking water, small packaging bag etc. Taxes are for development and barring the only problem is when spent in a bad way.
So why feed the beast? Are your taxes on milk being used in the manner they should? Are your taxes on water being used to develop the country?

And the profits of the listed firms are already taxed so CGT is DOUBLE TAXATION and this is simply a money grab.

KNEC, IEBC, etc... All these 'pigs' are being fed from onerous taxes!
Greedy when others are fearful. Very fearful when others are greedy - to paraphrase Warren Buffett
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VituVingiSana
#415 Posted : Saturday, November 22, 2014 5:01:02 AM
Rank: Chief

Joined: 1/3/2007
Posts: 18,365
Location: Nairobi
Realtreaty wrote:
Grand Mullah Abhorred
The Kenya Pipeline Company (KPC) has turned its guns on Nairobi lawyer Ahmednasir Abdullahi, seeking his removal as the arbiter in a long-running Sh4.6 billion dispute with oil marketer KenolKobil.
Kenya Pipeline says Mr Abdullahi can no longer resolve the dispute to the satisfaction of the parties involved after he allegedly exposed his impartiality in an interview with a local TV station.
KPC has filed a fresh petition in the High Court, seeking to kick Mr Abdullahi out of the arbitration accusing him of bias.
The oil transport company claims that Mr Abdullahi’s interview during a live newscast with a local TV station in June revealed that he is not capable of conducting the proceedings with the required impartiality.
KPC is just throwing a fit coz the board has corruption allegations dogging them. And this board is not the same one in power when AA was the arbitrator for the KK vs KPC case!
Greedy when others are fearful. Very fearful when others are greedy - to paraphrase Warren Buffett
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mlennyma
#416 Posted : Saturday, November 22, 2014 10:08:57 AM
Rank: Elder

Joined: 7/21/2010
Posts: 6,194
Location: nairobi
What is wrong with this country??? how can cases of this magnitude drag for years? I find this so retrogressive indeed.
"Don't let the fear of losing be greater than the excitement of winning."
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jerry
#417 Posted : Saturday, November 22, 2014 11:20:56 AM
Rank: Elder

Joined: 9/29/2006
Posts: 2,570
mlennyma wrote:
What is wrong with this country??? how can cases of this magnitude drag for years? I find this so retrogressive indeed.

Relate that with Huduma Centres for foreign investors. The Centres will sort out some problems but others will remain.
The opposite of courage is not cowardice, it's conformity.
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Kausha
#418 Posted : Saturday, November 22, 2014 11:28:15 AM
Rank: Member

Joined: 2/8/2007
Posts: 808
Huduma centers are a weak PR stunt. Give them 2 years and they will resemble KPTC phone booths. Change has to start from the very top. Certainly we are yet to move away from BAU. By now kukugate should have resulted in very many compelled resignations. Attacks in Mandera etc just reinforce the BAU thesis.
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mkeiy
#419 Posted : Saturday, November 22, 2014 11:42:20 AM
Rank: Member

Joined: 1/27/2012
Posts: 851
Location: Nairobi
Kausha wrote:
Huduma centers are a weak PR stunt. Give them 2 years and they will resemble KPTC phone booths. Change has to start from the very top. Certainly we are yet to move away from BAU. By now kukugate should have resulted in very many compelled resignations. Attacks in Mandera etc just reinforce the BAU thesis.


@Kausha. Lemme disagree with you.

Huduma centers are NOT a weak PR stunt, they are helping the masses big time. If at some point in the future they'll be resembling KPTC phone booths, then that's a different issue altogether.

If Thika Highway in the future resembles current Outering Road, would you fault Kibaki/Rao coalition for trying?

Back to KK, i let this thing be mid this year.
Ipande ishuke, nitaendelea kushikilia chuma karibu na kiti ya nyuma.
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Realtreaty
#420 Posted : Saturday, November 22, 2014 3:27:34 PM
Rank: Elder

Joined: 8/16/2011
Posts: 2,389
When this KPC-KK case come for determination the ctual amount my be higher than 4.6B due to interests and fines. It may end up being 6.4B. Everyone is in Business!!!!
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