Wazua
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Law Capping interest rates
Rank: User Joined: 8/15/2013 Posts: 13,236 Location: Vacuum
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 If Obiero did it, Who Am I?
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Rank: Elder Joined: 12/4/2009 Posts: 10,639 Location: NAIROBI
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Kenya Govt has returned to the market seeking to raise Sh 24 Billion in a Tap Sale at a yield of 13.555% pic.twitter.com/2WYU9lSOQO Wealth is built through a relatively simple equation
Wealth=Income + Investments - Lifestyle
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Rank: Elder Joined: 7/26/2007 Posts: 6,514
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Whats the after tax yield given there is no with holding or corporate tax on interest earned? Business opportunities are like buses,there's always another one coming
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Rank: Elder Joined: 4/22/2010 Posts: 11,522 Location: Nairobi
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Ericsson wrote:Kenya Govt has returned to the market seeking to raise Sh 24 Billion in a Tap Sale at a yield of 13.555%
pic.twitter.com/2WYU9lSOQO Playing hardball.. possunt quia posse videntur
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Rank: Elder Joined: 4/22/2010 Posts: 11,522 Location: Nairobi
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KulaRaha wrote:Whats the after tax yield given there is no with holding or corporate tax on interest earned? Net yield ? 13.1537% possunt quia posse videntur
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Rank: Elder Joined: 7/26/2007 Posts: 6,514
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maka wrote:KulaRaha wrote:Whats the after tax yield given there is no with holding or corporate tax on interest earned? Net yield ? 13.1537% How? This bond is not subject to withholding or corporate tax boss....ala, it should be near 19% Business opportunities are like buses,there's always another one coming
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Rank: Elder Joined: 12/4/2009 Posts: 10,639 Location: NAIROBI
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Kenya Central Bank Governor Patrick Njoroge said that a controversial interest-rate cap imposed by parliament on bank loans would be “temporary.” https://www.wsj.com/arti...governor-says-1488888964Wealth is built through a relatively simple equation
Wealth=Income + Investments - Lifestyle
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Rank: New-farer Joined: 5/7/2014 Posts: 40
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[quote=Ericsson]Kenya Central Bank Governor Patrick Njoroge said that a controversial interest-rate cap imposed by parliament on bank loans would be “temporary.” https://www.wsj.com/arti...overnor-says-1488888964[/quote] Second time he has said this. I wonder what he knows?
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Rank: Elder Joined: 7/26/2007 Posts: 6,514
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While he says that, MPs are pushing for amendment to include total cost of credit ie charges within the 14%. Lets see who wins. Business opportunities are like buses,there's always another one coming
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Rank: Elder Joined: 12/4/2009 Posts: 10,639 Location: NAIROBI
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President Kenyatta regrets signing Bill To Cap rates, says that the slow-down in lending by Banks is unfortunate & unintentional Wealth is built through a relatively simple equation
Wealth=Income + Investments - Lifestyle
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Rank: Veteran Joined: 11/13/2015 Posts: 1,568
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Ericsson wrote:President Kenyatta regrets signing Bill To Cap rates, says that the slow-down in lending by Banks is unfortunate & unintentional He said slowdown to SME was one of the unintended consequences of capping. it concerns him and it's one issue he will actively seek to resolve so that credit can start flowing again. Hooray!!
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Rank: Elder Joined: 1/21/2010 Posts: 6,675 Location: Nairobi
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wukan wrote:Ericsson wrote:President Kenyatta regrets signing Bill To Cap rates, says that the slow-down in lending by Banks is unfortunate & unintentional He said slowdown to SME was one of the unintended consequences of capping. it concerns him and it's one issue he will actively seek to resolve so that credit can start flowing again. Hooray!! Reverse this b**ch!  Mark 12:29
Deuteronomy 4:16
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Rank: Elder Joined: 2/16/2007 Posts: 2,114
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Who was the sponsor of this bill?I can't remember.. Ericsson wrote:President Kenyatta regrets signing Bill To Cap rates, says that the slow-down in lending by Banks is unfortunate & unintentional
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Rank: Elder Joined: 6/23/2009 Posts: 13,475 Location: nairobi
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Chaka wrote:Who was the sponsor of this bill?I can't remember.. Ericsson wrote:President Kenyatta regrets signing Bill To Cap rates, says that the slow-down in lending by Banks is unfortunate & unintentional Jude Njomo
HF 30,000 ABP 3.49; KQ 414,100 ABP 7.92; MTN 15,750 ABP 6.45
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Rank: Elder Joined: 4/22/2010 Posts: 11,522 Location: Nairobi
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wukan wrote:Ericsson wrote:President Kenyatta regrets signing Bill To Cap rates, says that the slow-down in lending by Banks is unfortunate & unintentional He said slowdown to SME was one of the unintended consequences of capping. it concerns him and it's one issue he will actively seek to resolve so that credit can start flowing again. Hooray!! Hadi after elections...ummmh so if you have a facility pay chap chap... possunt quia posse videntur
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Rank: Elder Joined: 6/23/2009 Posts: 13,475 Location: nairobi
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maka wrote:wukan wrote:Ericsson wrote:President Kenyatta regrets signing Bill To Cap rates, says that the slow-down in lending by Banks is unfortunate & unintentional He said slowdown to SME was one of the unintended consequences of capping. it concerns him and it's one issue he will actively seek to resolve so that credit can start flowing again. Hooray!! Hadi after elections...ummmh so if you have a facility pay chap chap... The economy will die incase we have to wait up to NASA swearing in.. It would be better to repeal immediately and form a committee to investigate why the bill was faulty 
HF 30,000 ABP 3.49; KQ 414,100 ABP 7.92; MTN 15,750 ABP 6.45
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Rank: Veteran Joined: 3/26/2012 Posts: 985 Location: Dar es salaam,Tanzania
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Ericsson wrote:President Kenyatta regrets signing Bill To Cap rates, says that the slow-down in lending by Banks is unfortunate & unintentional Where is the link to this sweet infor ?
“The pessimist complains about the wind; the optimist expects it to change; the realist adjusts the sails.”
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Rank: Elder Joined: 2/26/2012 Posts: 15,979
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Metasploit wrote:Ericsson wrote:President Kenyatta regrets signing Bill To Cap rates, says that the slow-down in lending by Banks is unfortunate & unintentional Where is the link to this sweet infor ? Click https://youtu.be/uBMqiElZ4DY?t=13m30s
"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
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Rank: Elder Joined: 12/7/2012 Posts: 11,901
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murchr wrote:Metasploit wrote:Ericsson wrote:President Kenyatta regrets signing Bill To Cap rates, says that the slow-down in lending by Banks is unfortunate & unintentional Where is the link to this sweet infor ? Click https://youtu.be/uBMqiElZ4DY?t=13m30s
Better position self now slowly step by step In the business world, everyone is paid in two coins - cash and experience. Take the experience first; the cash will come later - H Geneen
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Rank: Elder Joined: 4/22/2010 Posts: 11,522 Location: Nairobi
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Angelica _ann wrote:murchr wrote:Metasploit wrote:Ericsson wrote:President Kenyatta regrets signing Bill To Cap rates, says that the slow-down in lending by Banks is unfortunate & unintentional Where is the link to this sweet infor ? Click https://youtu.be/uBMqiElZ4DY?t=13m30s
Better position self now slowly step by step Who wants to bet there is NO way this thing will be overturned before elections....the way guys are enjoying the 14%...ati it goes back to 18-21%.Never ever... possunt quia posse videntur
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Law Capping interest rates
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