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Luo Nyanza lagging behind in savings!!!!!!!
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radio
#21 Posted : Monday, November 30, 2015 7:36:48 PM
Rank: Veteran

Joined: 11/9/2009
Posts: 2,003
washiku wrote:
Swenani wrote:
littledove wrote:
Othelo wrote:
Why save when you will die!!! Jesus saves, Luos spend smile

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safariant
#22 Posted : Monday, November 30, 2015 8:25:39 PM
Rank: Member

Joined: 9/9/2010
Posts: 784
Location: ant hill - red hill
majimaji wrote:

If everyone is saving, who will spend?


Makes sense. Look at Nyeri, has many rich people but the town is stagnant. The biggest supermarket was Mathai until last year.
The town suffocates due to low circulation of money as most rarely spend, as does most central towns.
The greatest act of bravery is chancing a fart while suffering from diarrhoea
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Lolest!
#23 Posted : Monday, November 30, 2015 8:46:13 PM
Rank: Elder

Joined: 3/18/2011
Posts: 12,069
Location: Kianjokoma
Reminds me of Unoka, Okonkwo's father in Achebe's Things Fall Apart. Every time he saw a dead man's mouth, he saw the folly of not eating when one is alive
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sitaki.kujulikana
#24 Posted : Monday, November 30, 2015 10:21:12 PM
Rank: Veteran

Joined: 8/25/2012
Posts: 1,826
someone has to save to provide credit for others to spend, but over-saving is not good, have seen kids whose parents are avid savers and their childhood just zooms past just being told we have no money and we are investing for your future.
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Fyatu
#25 Posted : Monday, November 30, 2015 11:30:46 PM
Rank: Veteran

Joined: 1/20/2011
Posts: 1,822
Location: Nakuru
Lolest! wrote:
Reminds me of Unoka, Okonkwo's father in Achebe's Things Fall Apart. Every time he saw a dead man's mouth, he saw the folly of not eating when one is alive


This is a very deep metaphor...point to ponder
Dumb money becomes dumb only when it listens to smart money
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Fyatu
#26 Posted : Monday, November 30, 2015 11:33:57 PM
Rank: Veteran

Joined: 1/20/2011
Posts: 1,822
Location: Nakuru
safariant wrote:
majimaji wrote:

If everyone is saving, who will spend?


Makes sense. Look at Nyeri, has many rich people but the town is stagnant. The biggest supermarket was Mathai until last year.
The town suffocates due to low circulation of money as most rarely spend, as does most central towns.


forced to concur
Dumb money becomes dumb only when it listens to smart money
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luttz
#27 Posted : Tuesday, December 01, 2015 1:46:03 AM
Rank: Member

Joined: 3/18/2008
Posts: 377
Forced to concur too; surprised there is no Nakumatt in Nyeri yet they have set up shop in smaller towns.
"You've never lived until you've almost died; for those who have fought for it, life has a flavour the protected will never know."
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urstill1
#28 Posted : Tuesday, December 01, 2015 9:58:34 AM
Rank: User

Joined: 9/6/2013
Posts: 1,446
Location: In a house
Fyatu wrote:
safariant wrote:
majimaji wrote:

If everyone is saving, who will spend?


Makes sense. Look at Nyeri, has many rich people but the town is stagnant. The biggest supermarket was Mathai until last year.
The town suffocates due to low circulation of money as most rarely spend, as does most central towns.


forced to concur


Some of these supermarkets overcharge their products, as much as over three times the prevailing prices in local markets. Esp. vegetables and hardware stuff. I do understand the Nyerians.
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Impunity
#29 Posted : Tuesday, December 01, 2015 10:16:38 AM
Rank: Elder

Joined: 3/2/2009
Posts: 26,335
Location: Masada
luttz wrote:
Forced to concur too; surprised there is no Nakumatt in Nyeri yet they have set up shop in smaller towns.


Very true and sad.

yet we have all the top 3 supermarkets in Kisumu complete with state of the art Malls and hypermarkets...United Mall, Mega Plaza, Mega City, West End mall, Ukwala, Foamat, Swan Center.

yet Nyeri despite producing a president and a Narc activist can only boast of Mathai mini-supermarket and Kamindi!

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Portfolio: Sold
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hardwood
#30 Posted : Tuesday, December 01, 2015 10:25:21 AM
Rank: Elder

Joined: 7/28/2015
Posts: 9,562
Location: Rodi Kopany, Homa Bay
Impunity wrote:
luttz wrote:
Forced to concur too; surprised there is no Nakumatt in Nyeri yet they have set up shop in smaller towns.


Very true and sad.

yet we have all the top 3 supermarkets in Kisumu complete with state of the art Malls and hypermarkets...United Mall, Mega Plaza, Mega City, West End mall, Ukwala, Foamat, Swan Center.

yet Nyeri despite producing a president and a Narc activist can only boast of Mathai mini-supermarket and Kamindi!

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That is a good thing. The money remains mashinani, within the local economy.
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