Wazua
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HFCK HY2017
Rank: Member Joined: 6/1/2017 Posts: 288
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Not a good sign to borrow new money to repay the bond Contrarian Investor and Trader.Advocate of free markets,limited government interference in the economy and sound money
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Rank: Member Joined: 3/10/2009 Posts: 36
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slick wrote:Not a good sign to borrow new money to repay the bond Not at all, bearing in mind that much of its fund is tied in unfinished & unsold properties. Borrowing is part of business as long as it's a going concern.
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Rank: Member Joined: 7/17/2014 Posts: 132 Location: Wherethewindblows
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By the way and please help me out if am wrong, but with the reduced rate aren't those who had borrowed before paying back gladly at the new rates? Why would they increase provision unless they are still planning to lend to the same risky bunch of borrowers... You have to learn the rules of the game. And then you have to play better than anyone else - Albert Einstein
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Rank: Veteran Joined: 11/13/2015 Posts: 1,654
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doubletap wrote:By the way and please help me out if am wrong, but with the reduced rate aren't those who had borrowed before paying back gladly at the new rates? Why would they increase provision unless they are still planning to lend to the same risky bunch of borrowers... Unfortunately the middle class pool is very small and shrinking.Quote:Kenya’s economy produced fewer better paid workers in 2016, reflecting the softening of economic activity and the loss of quality jobs that came as companies trimmed their payrolls to survive the turbulence.
Newly-released economic data shows that only 74,293 or 2.9 per cent of formal sector employees earned more than Sh100,000 per month in the year – meaning the economy added only 2,495 workers to the category of high income earners. Low interest rates redistribute wealth upward, but they do not redistribute income upward. Rather, in the present they create not income but capital gains on old capital owned by rich, and in the future they reduce income on new capital investments made by the rich. 
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Rank: Member Joined: 9/14/2011 Posts: 869 Location: nairobi
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wukan wrote:doubletap wrote:By the way and please help me out if am wrong, but with the reduced rate aren't those who had borrowed before paying back gladly at the new rates? Why would they increase provision unless they are still planning to lend to the same risky bunch of borrowers... Unfortunately the middle class pool is very small and shrinking.Quote:Kenya’s economy produced fewer better paid workers in 2016, reflecting the softening of economic activity and the loss of quality jobs that came as companies trimmed their payrolls to survive the turbulence.
Newly-released economic data shows that only 74,293 or 2.9 per cent of formal sector employees earned more than Sh100,000 per month in the year – meaning the economy added only 2,495 workers to the category of high income earners. Low interest rates redistribute wealth upward, but they do not redistribute income upward. Rather, in the present they create not income but capital gains on old capital owned by rich, and in the future they reduce income on new capital investments made by the rich. please share the link
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Rank: Elder Joined: 9/20/2015 Posts: 2,811 Location: Mombasa
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heri wrote:wukan wrote:doubletap wrote:By the way and please help me out if am wrong, but with the reduced rate aren't those who had borrowed before paying back gladly at the new rates? Why would they increase provision unless they are still planning to lend to the same risky bunch of borrowers... Unfortunately the middle class pool is very small and shrinking.Quote:Kenya’s economy produced fewer better paid workers in 2016, reflecting the softening of economic activity and the loss of quality jobs that came as companies trimmed their payrolls to survive the turbulence.
Newly-released economic data shows that only 74,293 or 2.9 per cent of formal sector employees earned more than Sh100,000 per month in the year – meaning the economy added only 2,495 workers to the category of high income earners. Low interest rates redistribute wealth upward, but they do not redistribute income upward. Rather, in the present they create not income but capital gains on old capital owned by rich, and in the future they reduce income on new capital investments made by the rich. please share the link No need for link. It's so by logic. John 5:17 But Jesus replied, “My Father is always working, and so am I.”
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Rank: Elder Joined: 12/7/2012 Posts: 11,935
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Spikes wrote:heri wrote:wukan wrote:doubletap wrote:By the way and please help me out if am wrong, but with the reduced rate aren't those who had borrowed before paying back gladly at the new rates? Why would they increase provision unless they are still planning to lend to the same risky bunch of borrowers... Unfortunately the middle class pool is very small and shrinking.Quote:Kenya’s economy produced fewer better paid workers in 2016, reflecting the softening of economic activity and the loss of quality jobs that came as companies trimmed their payrolls to survive the turbulence.
Newly-released economic data shows that only 74,293 or 2.9 per cent of formal sector employees earned more than Sh100,000 per month in the year – meaning the economy added only 2,495 workers to the category of high income earners. Low interest rates redistribute wealth upward, but they do not redistribute income upward. Rather, in the present they create not income but capital gains on old capital owned by rich, and in the future they reduce income on new capital investments made by the rich. please share the link No need for link. It's so by logic. That is formal employment, informal has more people earning 100k plus .... thank you can imagine!!! 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: 6/23/2009 Posts: 14,217 Location: nairobi
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Angelica _ann wrote:Spikes wrote:heri wrote:wukan wrote:doubletap wrote:By the way and please help me out if am wrong, but with the reduced rate aren't those who had borrowed before paying back gladly at the new rates? Why would they increase provision unless they are still planning to lend to the same risky bunch of borrowers... Unfortunately the middle class pool is very small and shrinking.Quote:Kenya’s economy produced fewer better paid workers in 2016, reflecting the softening of economic activity and the loss of quality jobs that came as companies trimmed their payrolls to survive the turbulence.
Newly-released economic data shows that only 74,293 or 2.9 per cent of formal sector employees earned more than Sh100,000 per month in the year – meaning the economy added only 2,495 workers to the category of high income earners. Low interest rates redistribute wealth upward, but they do not redistribute income upward. Rather, in the present they create not income but capital gains on old capital owned by rich, and in the future they reduce income on new capital investments made by the rich. please share the link No need for link. It's so by logic. That is formal employment, informal has more people earning 100k plus .... thank you can imagine!!! @Angel even there kuna shida.. Our economy is dying
KQ ABP 4.26
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Rank: Elder Joined: 12/4/2009 Posts: 10,804 Location: NAIROBI
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http://www.businessdaily...21922-ojp61bz/index.htmlWealth is built through a relatively simple equation
Wealth=Income + Investments - Lifestyle
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Rank: Elder Joined: 4/22/2010 Posts: 11,522 Location: Nairobi
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Ericsson wrote:http://www.businessdailyafrica.com/corporate/companies/HF-turns-to-global-lenders-for-cheaper-Sh4-billion-loan/4003102-4121922-ojp61bz/index.html Eish madeni... possunt quia posse videntur
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