Plimsoul wrote:Gatheuzi wrote:Plimsoul wrote:mkate_nusu wrote:Plimsoul wrote:Ericsson wrote:Full year 2015/2016 profits will be lower compared to previous year
Why do you think that?
someone preparing to siphon their loot for campaign money.
GOK firms very fishy
That didn't really happen in 2012/13 FY did it?
Besides, despite all the headlines, the election cycle is really in the 2017/18 FY.
Remember this is Arap hyena kingdom. Ubako was much strict.
Fair point, different government, different appetite for corruption.
Still, you could extend that argument to cover quite a few companies, including KCB where the board are (all?) political appointees. No?
I tend to think KPLC, KENGEN, EAPC and NBK will be the first targets. Given that Mumias, KQ and Uchumi are already broke, there is little to salvage save for peanuts in bailouts that will eventually go to bigger holes. KCB will be raided more easily through bad loans. Again that is just my theory, but if history is anything to go by, we are closer than ever before to that point. People don't just change.
Time is money, so money is time. Money saved is time gained in reverse! Money stores your life’s energy. You expend your energy, get paid money, and store that money for a future purchase made in a currency.