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Kenya Economy Watch
pops
#1011 Posted : Thursday, November 05, 2015 7:32:31 PM
Rank: Member

Joined: 9/13/2006
Posts: 123
ati imf! do you forget that the same people IMF gave us so called structural reform in the 1990's and killed our economy. thriving agricultural and industrial sectors were opened up and killed in the process for the benefit of the west! we yet again loose our fiscal and financial independence by heavily borrowing from these goons! the Kenyan economy was made healthy during the kibaki regime to the extent that most of our external borrowing and mishaps of the kanu regime was settled. look at the progress that jubilee have given us!
lochaz-index
#1012 Posted : Thursday, November 05, 2015 7:55:45 PM
Rank: Veteran

Joined: 9/18/2014
Posts: 1,127
hisah wrote:
Kenya not at risk of debt distress - IMF

Quote:
Mr Morales said that as long as the budget deficit – set at 8.7 per cent in the annual 2015/16 Budget – remains the same and the economy is growing at the current pace, Kenyans need not worry about the ability to repay the debt.


PrayPray Praying hard for KE not to listen to these goons!


I'm afraid we already crossed that bridge some time back. From here onwards it is going to be more of a dictation than a consultation on how to run the economy.
The main purpose of the stock market is to make fools of as many people as possible.
Othelo
#1013 Posted : Thursday, November 05, 2015 8:11:15 PM
Rank: User

Joined: 1/20/2014
Posts: 3,528
pops wrote:
ati imf! do you forget that the same people IMF gave us so called structural reform in the 1990's and killed our economy. thriving agricultural and industrial sectors were opened up and killed in the process for the benefit of the west! we yet again loose our fiscal and financial independence by heavily borrowing from these goons! the Kenyan economy was made healthy during the kibaki regime to the extent that most of our external borrowing and mishaps of the kanu regime was settled. look at the progress that jubilee have given us!

progress and jubilee in the same paragraph castigating IMF. ISOKEI!!!
Formal education will make you a living. Self-education will make you a fortune - Jim Rohn.
whiteowl
#1014 Posted : Sunday, November 08, 2015 10:03:21 PM
Rank: Veteran

Joined: 4/16/2014
Posts: 1,420
Location: Bohemian Grove
I'm told Namibia will introduce a "Solidarity Tax" for everybody earning above $450.This is to support some poverty eradication program.Since the taxman here in Kenya is also increasing taxes, Is there is any country that is having smart ways of dealing with the current economic downturn instead of increasing taxes?
Swenani
#1015 Posted : Monday, November 09, 2015 9:37:53 AM
Rank: User

Joined: 8/15/2013
Posts: 13,237
Location: Vacuum
whiteowl wrote:
I'm told Namibia will introduce a "Solidarity Tax" for everybody earning above $450.This is to support some poverty eradication program.Since the taxman here in Kenya is also increasing taxes, Is there is any country that is having smart ways of dealing with the current economic downturn instead of increasing taxes?


Zambia seems to be doing fine
If Obiero did it, Who Am I?
Cde Monomotapa
#1016 Posted : Monday, November 09, 2015 10:11:42 AM
Rank: Chief

Joined: 1/13/2011
Posts: 5,964
Swenani wrote:
whiteowl wrote:
I'm told Namibia will introduce a "Solidarity Tax" for everybody earning above $450.This is to support some poverty eradication program.Since the taxman here in Kenya is also increasing taxes, Is there is any country that is having smart ways of dealing with the current economic downturn instead of increasing taxes?


Zambia seems to be doing fine


Indeed. Faith without action is? Government launches the US$1 billion One Belt Chinese Investment platform
Cde Monomotapa
#1017 Posted : Monday, November 09, 2015 12:11:07 PM
Rank: Chief

Joined: 1/13/2011
Posts: 5,964
African Aviation: The key questions

Quote:
African Airlines Association (AFRAA) secretary general, Dr Elijah Chingosho, tells Victoria Moores about state of the industry ahead of this month's Annual General Assembly (AGA) in Brazzaville, capital of the Democratic Republic of Congo
- See more at: http://www.africanaerosp...ter#sthash.KzsigaHV.dpuf
Cde Monomotapa
#1018 Posted : Monday, December 14, 2015 10:31:31 PM
Rank: Chief

Joined: 1/13/2011
Posts: 5,964
Indeed. It's to turn the tide.

Ethiopia is welcoming the investors Kenya has frustrated http://www.nation.co.ke/...990/-/cbjjj/-/index.html
Cde Monomotapa
#1019 Posted : Monday, December 14, 2015 10:34:33 PM
Rank: Chief

Joined: 1/13/2011
Posts: 5,964
The sector walking on the straight narrow; No pumus... Prof. grew the sector now it's to line it up.

Banks to be investigated for failing to cut interest rates on loans in the face of an improved fiscal environment http://www.nation.co.ke/...76/-/lk51wa/-/index.html
Ericsson
#1020 Posted : Tuesday, December 15, 2015 6:57:07 AM
Rank: Elder

Joined: 12/4/2009
Posts: 10,809
Location: NAIROBI
@CdeMonomotapa
Hiyo ni hot air;the biggest culprit for rising interest rates is GOK.
January there will be massive borrowing so expect interest rates to go up
Wealth is built through a relatively simple equation
Wealth=Income + Investments - Lifestyle
263 Pages«<100101102103104>»
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