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Rank: Elder Joined: 12/4/2009 Posts: 10,834 Location: NAIROBI
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http://www.businessdaily...61150-s961j3/index.html
Government revenue fell Sh51.41 billion in the first three months of the current financial year as the Treasury struggled to tap cash from the domestic bond auctions and secure international loans. Wealth is built through a relatively simple equation
Wealth=Income + Investments - Lifestyle
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Rank: Veteran Joined: 9/18/2014 Posts: 1,127
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Ericsson wrote:http://www.businessdailyafrica.com/news/Treasury-revenue-falls-short-Sh51bn/539546-4161150-s961j3/index.html
Government revenue fell Sh51.41 billion in the first three months of the current financial year as the Treasury struggled to tap cash from the domestic bond auctions and secure international loans. Q4 was always going to be tricky for GoK...election matters accentuated the problem. Tricky navigation going forward. The main purpose of the stock market is to make fools of as many people as possible.
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Rank: Elder Joined: 6/23/2009 Posts: 14,442 Location: nairobi
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lochaz-index wrote:Ericsson wrote:http://www.businessdailyafrica.com/news/Treasury-revenue-falls-short-Sh51bn/539546-4161150-s961j3/index.html
Government revenue fell Sh51.41 billion in the first three months of the current financial year as the Treasury struggled to tap cash from the domestic bond auctions and secure international loans. Q4 was always going to be tricky for GoK...election matters accentuated the problem. Tricky navigation going forward. @lochaz-index tricky is an understatement. the way I see it, Uhuru should immediately agree to a repeat poll in the next 90 days, failure to which the business environment will remain in limbo upto 2018 and maybe beyond.. the economic saboteurs plan may just be the key that unlocks this stalemate. only problem may be that some NSE counters will be hit whether on the boycott list or otherwise. I actually have seen the said list COOP 306,100 ABP 31.96, KEGN 112,100 ABP 10.64, MTNU 131,000 ABP 10.21
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Rank: Elder Joined: 12/7/2012 Posts: 11,941
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obiero wrote:lochaz-index wrote:Ericsson wrote:http://www.businessdailyafrica.com/news/Treasury-revenue-falls-short-Sh51bn/539546-4161150-s961j3/index.html
Government revenue fell Sh51.41 billion in the first three months of the current financial year as the Treasury struggled to tap cash from the domestic bond auctions and secure international loans. Q4 was always going to be tricky for GoK...election matters accentuated the problem. Tricky navigation going forward. @lochaz-index tricky is an understatement. the way I see it, Uhuru should immediately agree to a repeat poll in the next 90 days, failure to which the business environment will remain in limbo upto 2018 and maybe beyond.. the economic saboteurs plan may just be the key that unlocks this stalemate. only problem may be that some NSE counters will be hit whether on the boycott list or otherwise. I actually have seen the said list Dreams my friend, power is sweet that cannot happen!!!! Accept & move on AGAIN  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: 14,442 Location: nairobi
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Angelica _ann wrote:obiero wrote:lochaz-index wrote:Ericsson wrote:http://www.businessdailyafrica.com/news/Treasury-revenue-falls-short-Sh51bn/539546-4161150-s961j3/index.html
Government revenue fell Sh51.41 billion in the first three months of the current financial year as the Treasury struggled to tap cash from the domestic bond auctions and secure international loans. Q4 was always going to be tricky for GoK...election matters accentuated the problem. Tricky navigation going forward. @lochaz-index tricky is an understatement. the way I see it, Uhuru should immediately agree to a repeat poll in the next 90 days, failure to which the business environment will remain in limbo upto 2018 and maybe beyond.. the economic saboteurs plan may just be the key that unlocks this stalemate. only problem may be that some NSE counters will be hit whether on the boycott list or otherwise. I actually have seen the said list Dreams my friend, power is sweet that cannot happen!!!! Accept & move on AGAIN Hehe. Mr Ogutu now heads SCOM and you believe there’s no political angle.. Anywho COOP 306,100 ABP 31.96, KEGN 112,100 ABP 10.64, MTNU 131,000 ABP 10.21
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Rank: Elder Joined: 12/4/2009 Posts: 10,834 Location: NAIROBI
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obiero wrote:Angelica _ann wrote:obiero wrote:lochaz-index wrote:Ericsson wrote:http://www.businessdailyafrica.com/news/Treasury-revenue-falls-short-Sh51bn/539546-4161150-s961j3/index.html
Government revenue fell Sh51.41 billion in the first three months of the current financial year as the Treasury struggled to tap cash from the domestic bond auctions and secure international loans. Q4 was always going to be tricky for GoK...election matters accentuated the problem. Tricky navigation going forward. @lochaz-index tricky is an understatement. the way I see it, Uhuru should immediately agree to a repeat poll in the next 90 days, failure to which the business environment will remain in limbo upto 2018 and maybe beyond.. the economic saboteurs plan may just be the key that unlocks this stalemate. only problem may be that some NSE counters will be hit whether on the boycott list or otherwise. I actually have seen the said list Dreams my friend, power is sweet that cannot happen!!!! Accept & move on AGAIN Hehe. Mr Ogutu now heads SCOM and you believe there’s no political angle.. Anywho No political angle. Mr Ogutu is the most experienced local at safaricom and has no stain. Meanwhile vodafone are searching for a replacement. Wealth is built through a relatively simple equation
Wealth=Income + Investments - Lifestyle
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Rank: Elder Joined: 6/23/2009 Posts: 14,442 Location: nairobi
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Ericsson wrote:obiero wrote:Angelica _ann wrote:obiero wrote:lochaz-index wrote:Ericsson wrote:http://www.businessdailyafrica.com/news/Treasury-revenue-falls-short-Sh51bn/539546-4161150-s961j3/index.html
Government revenue fell Sh51.41 billion in the first three months of the current financial year as the Treasury struggled to tap cash from the domestic bond auctions and secure international loans. Q4 was always going to be tricky for GoK...election matters accentuated the problem. Tricky navigation going forward. @lochaz-index tricky is an understatement. the way I see it, Uhuru should immediately agree to a repeat poll in the next 90 days, failure to which the business environment will remain in limbo upto 2018 and maybe beyond.. the economic saboteurs plan may just be the key that unlocks this stalemate. only problem may be that some NSE counters will be hit whether on the boycott list or otherwise. I actually have seen the said list Dreams my friend, power is sweet that cannot happen!!!! Accept & move on AGAIN Hehe. Mr Ogutu now heads SCOM and you believe there’s no political angle.. Anywho No political angle. Mr Ogutu is the most experienced local at safaricom and has no stain. Meanwhile vodafone are searching for a replacement. To an untrained eye it all looks BAU, but with time people will appreciate Koimetts contribution to Kenya COOP 306,100 ABP 31.96, KEGN 112,100 ABP 10.64, MTNU 131,000 ABP 10.21
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Rank: Elder Joined: 4/22/2010 Posts: 11,522 Location: Nairobi
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obiero wrote:lochaz-index wrote:Ericsson wrote:http://www.businessdailyafrica.com/news/Treasury-revenue-falls-short-Sh51bn/539546-4161150-s961j3/index.html
Government revenue fell Sh51.41 billion in the first three months of the current financial year as the Treasury struggled to tap cash from the domestic bond auctions and secure international loans. Q4 was always going to be tricky for GoK...election matters accentuated the problem. Tricky navigation going forward. @lochaz-index tricky is an understatement. the way I see it, Uhuru should immediately agree to a repeat poll in the next 90 days, failure to which the business environment will remain in limbo upto 2018 and maybe beyond.. the economic saboteurs plan may just be the key that unlocks this stalemate. only problem may be that some NSE counters will be hit whether on the boycott list or otherwise. I actually have seen the said list We havent seen any pressure yet...How much debt is maturing in the next 6-12 months? possunt quia posse videntur
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Rank: Elder Joined: 4/22/2010 Posts: 11,522 Location: Nairobi
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Tight liquidity haunted the money markets in a short trading week featuring two public holidays, with the Treasury bills undersubscribed for the seventh week in a row. During last week’s auction held last Friday, the overall subscription rate came in at 34.17 per cent compared to 46.7 per cent the previous week. “There was tight liquidity in the money market. The tight liquidity was due to heavy transfer of taxes from banks and reverse repo maturities that came in at Sh29 billion and Sh17.4 billion respectively,” said Cytonn Investments analysts. The Central Bank of Kenya (CBK) weekly report showed net borrowing by the government resulted in liquidity withdrawal of Sh5.3 billion. possunt quia posse videntur
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Rank: Elder Joined: 12/4/2009 Posts: 10,834 Location: NAIROBI
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Unable to repay a Sh 77 Billion syndicated loan that was due in October this year, Kenya Govt has requested International creditors to extend repayment period by 6 months to April 2018. *10% of the creditors are against the extension Wealth is built through a relatively simple equation
Wealth=Income + Investments - Lifestyle
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