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Kenya Economy Watch
maka
#1681 Posted : Friday, August 10, 2018 9:36:25 AM
Rank: Elder


Joined: 4/22/2010
Posts: 11,522
Location: Nairobi
maka wrote:
newfarer wrote:
Ericsson wrote:
https://www.businessdailyafrica.com/economy/Treasury-seeks-debt-expert-help/3946234-4704720-13evl2e/index.html

The Treasury is recruiting a team of debt management experts in a move that signals rising concern over Kenya’s spiralling loans load that has exerted liquidity pressures on the economy.

Up to 20 experts are being hired in the recruitment drive intended to sharpen the government’s focus on management of costs and ability to raise and service new debt, the Treasury said in a notice inviting applications for the jobs.

“They will provide guidance in determining borrowing ceilings for national and county governments,” Treasury Principal Secretary Kamau Thugge says in the job descriptions seen by the Business Daily.

The experts will formulate debt management policies…and review proposals to inform the determination of the annual borrowing threshold, the PS says.

Correction: IMF recruiting receiver managers.

experts for what?

who never saw this coming?
http://www.wazua.co.ke/f...px?g=posts&m=773589



Maybe an idiot.... smile


They should just consult hapa wazua... smile
Came across this interesting story...

https://www.standardmedi..._twitter_impression=true
possunt quia posse videntur
Ericsson
#1682 Posted : Friday, August 10, 2018 11:42:42 AM
Rank: Elder


Joined: 12/4/2009
Posts: 10,639
Location: NAIROBI
maka wrote:
maka wrote:
newfarer wrote:
[quote=Ericsson]https://www.businessdailyafrica.com/economy/Treasury-seeks-debt-expert-help/3946234-4704720-13evl2e/index.html

The Treasury is recruiting a team of debt management experts in a move that signals rising concern over Kenya’s spiralling loans load that has exerted liquidity pressures on the economy.

Up to 20 experts are being hired in the recruitment drive intended to sharpen the government’s focus on management of costs and ability to raise and service new debt, the Treasury said in a notice inviting applications for the jobs.

“They will provide guidance in determining borrowing ceilings for national and county governments,” Treasury Principal Secretary Kamau Thugge says in the job descriptions seen by the Business Daily.

The experts will formulate debt management policies…and review proposals to inform the determination of the annual borrowing threshold, the PS says.

Correction: IMF recruiting receiver managers.

experts for what?

who never saw this coming?
http://www.wazua.co.ke/f...px?g=posts&m=773589



Maybe an idiot.... smile


They should just consult hapa wazua... smile
Came across this interesting story...

https://www.standardmedi...twitter_impression=true[/quote]

That vat will jeopardise recovery efforts of some companies
Wealth is built through a relatively simple equation
Wealth=Income + Investments - Lifestyle
Horton
#1683 Posted : Sunday, August 12, 2018 2:41:56 PM
Rank: Veteran


Joined: 8/30/2007
Posts: 1,558
Location: Nairobi
VAT on Fuel from next month. Wonder what the effect it will have on the economy?! 🤔🤔🤔

Fuel is already over taxed.

https://www.businessdail...8976-tsr1pkz/index.html



obiero
#1684 Posted : Monday, August 13, 2018 8:59:46 AM
Rank: Elder


Joined: 6/23/2009
Posts: 13,475
Location: nairobi
Horton wrote:
VAT on Fuel from next month. Wonder what the effect it will have on the economy?! 🤔🤔🤔

Fuel is already over taxed.

https://www.businessdail...8976-tsr1pkz/index.html




Kwisha!

HF 30,000 ABP 3.49; KQ 414,100 ABP 7.92; MTN 15,750 ABP 6.45
Wororo
#1685 Posted : Monday, August 13, 2018 11:21:26 AM
Rank: Member


Joined: 1/30/2011
Posts: 207
Analysts call on Treasury to cut back foreign debt

Link
KulaRaha
#1686 Posted : Monday, August 13, 2018 12:24:44 PM
Rank: Elder


Joined: 7/26/2007
Posts: 6,514
Rem when IMF used to come visiting during Moi he used to suddenly sack parastatal heads, reshuffle cabinet etc.

UK doing the same with this new war on corruption/demolition man stories?
Business opportunities are like buses,there's always another one coming
Wororo
#1687 Posted : Monday, August 13, 2018 2:35:00 PM
Rank: Member


Joined: 1/30/2011
Posts: 207
KulaRaha wrote:
Rem when IMF used to come visiting during Moi he used to suddenly sack parastatal heads, reshuffle cabinet etc.

UK doing the same with this new war on corruption/demolition man stories?



Personally from the look of things, it's the last card that UK can play going forward...

It's a rush against time and as they say, time is money - which KE/gov doesn't have at the moment ...
RIEK01
#1688 Posted : Sunday, August 19, 2018 5:37:34 PM
Rank: New-farer


Joined: 2/8/2018
Posts: 73
https://www.businessdail...15808-vcfiur/index.html

How many more banks have lent on fake title deeds?
obiero
#1689 Posted : Sunday, August 19, 2018 5:44:27 PM
Rank: Elder


Joined: 6/23/2009
Posts: 13,475
Location: nairobi
RIEK01 wrote:
https://www.businessdailyafrica.com/news/Development-Bank-executives-face-arrest/539546-4715808-vcfiur/index.html

How many more banks have lent on fake title deeds?

Riparian too..

HF 30,000 ABP 3.49; KQ 414,100 ABP 7.92; MTN 15,750 ABP 6.45
newfarer
#1690 Posted : Monday, August 20, 2018 6:16:25 AM
Rank: Elder


Joined: 3/19/2010
Posts: 3,503
Location: Uganda
Horton wrote:
VAT on Fuel from next month. Wonder what the effect it will have on the economy?! 🤔🤔🤔

Fuel is already over taxed.

https://www.businessdail...8976-tsr1pkz/index.html




are middle class ready to join the Wednesday fuel protest ama its none of their business

https://www.kenyans.co.k...emo-over-fuel-prices?amp
punda amecheka
KulaRaha
#1691 Posted : Monday, August 20, 2018 8:39:40 AM
Rank: Elder


Joined: 7/26/2007
Posts: 6,514
newfarer wrote:
[quote=Horton]VAT on Fuel from next month. Wonder what the effect it will have on the economy?! 🤔🤔🤔

Fuel is already over taxed.

https://www.businessdail...8976-tsr1pkz/index.html




are middle class ready to join the Wednesday fuel protest ama its none of their business

https://www.kenyans.co.k...mo-over-fuel-prices?amp[/quote]

None of their business I suspect.
Business opportunities are like buses,there's always another one coming
obiero
#1692 Posted : Monday, August 20, 2018 11:28:37 AM
Rank: Elder


Joined: 6/23/2009
Posts: 13,475
Location: nairobi
KulaRaha wrote:
newfarer wrote:
[quote=Horton]VAT on Fuel from next month. Wonder what the effect it will have on the economy?! 🤔🤔🤔

Fuel is already over taxed.

https://www.businessdail...8976-tsr1pkz/index.html




are middle class ready to join the Wednesday fuel protest ama its none of their business

https://www.kenyans.co.k...mo-over-fuel-prices?amp[/quote]

None of their business I suspect.

I actually never look at the fuel board at the petrol station. All I know is that the car needs fuel and it must be paid for.. But I will take more interest going forward

HF 30,000 ABP 3.49; KQ 414,100 ABP 7.92; MTN 15,750 ABP 6.45
Horton
#1693 Posted : Monday, August 20, 2018 12:16:52 PM
Rank: Veteran


Joined: 8/30/2007
Posts: 1,558
Location: Nairobi
obiero wrote:
KulaRaha wrote:
newfarer wrote:
[quote=Horton]VAT on Fuel from next month. Wonder what the effect it will have on the economy?! 🤔🤔🤔

Fuel is already over taxed.

https://www.businessdail...8976-tsr1pkz/index.html




are middle class ready to join the Wednesday fuel protest ama its none of their business

https://www.kenyans.co.k...mo-over-fuel-prices?amp[/quote]

None of their business I suspect.

I actually never look at the fuel board at the petrol station. All I know is that the car needs fuel and it must be paid for.. But I will take more interest going forward


Maybe a good thing:

-Less cars on the roads= less emissions, less traffic




Swenani
#1694 Posted : Monday, August 20, 2018 12:58:36 PM
Rank: User


Joined: 8/15/2013
Posts: 13,236
Location: Vacuum
Horton wrote:
obiero wrote:
KulaRaha wrote:
newfarer wrote:
[quote=Horton]VAT on Fuel from next month. Wonder what the effect it will have on the economy?! 🤔🤔🤔

Fuel is already over taxed.

https://www.businessdail...8976-tsr1pkz/index.html




are middle class ready to join the Wednesday fuel protest ama its none of their business

https://www.kenyans.co.k...mo-over-fuel-prices?amp[/quote]

None of their business I suspect.

I actually never look at the fuel board at the petrol station. All I know is that the car needs fuel and it must be paid for.. But I will take more interest going forward


Maybe a good thing:

-Less cars on the roads= less emissions, less traffic






Less accident,loss of revenue to KK and Total, impoverished VV, more money in PSV, more jobs opportunities for youths in PSV, less hospital bills, less road maintenance costs, less corruption and bribes in the roads maintenance sector, less traffic police officers on our roads, less bribes given by police officers, happy families, a prosperous country
If Obiero did it, Who Am I?
Horton
#1695 Posted : Monday, August 20, 2018 1:48:58 PM
Rank: Veteran


Joined: 8/30/2007
Posts: 1,558
Location: Nairobi
Swenani wrote:
Horton wrote:
obiero wrote:
KulaRaha wrote:
newfarer wrote:
[quote=Horton]VAT on Fuel from next month. Wonder what the effect it will have on the economy?! 🤔🤔🤔

Fuel is already over taxed.

https://www.businessdail...8976-tsr1pkz/index.html




are middle class ready to join the Wednesday fuel protest ama its none of their business

https://www.kenyans.co.k...mo-over-fuel-prices?amp[/quote]

None of their business I suspect.

I actually never look at the fuel board at the petrol station. All I know is that the car needs fuel and it must be paid for.. But I will take more interest going forward


Maybe a good thing:

-Less cars on the roads= less emissions, less traffic

Man this guy can’t catch a break 😢




Less accident,loss of revenue to KK and Total, impoverished VV, more money in PSV, more jobs opportunities for youths in PSV, less hospital bills, less road maintenance costs, less corruption and bribes in the roads maintenance sector, less traffic police officers on our roads, less bribes given by police officers, happy families, a prosperous country

whiteowl
#1696 Posted : Monday, August 20, 2018 10:01:19 PM
Rank: Veteran


Joined: 4/16/2014
Posts: 1,420
Location: Bohemian Grove
Horton wrote:
obiero wrote:
KulaRaha wrote:
newfarer wrote:
[quote=Horton]VAT on Fuel from next month. Wonder what the effect it will have on the economy?! 🤔🤔🤔

Fuel is already over taxed.

https://www.businessdail...8976-tsr1pkz/index.html




are middle class ready to join the Wednesday fuel protest ama its none of their business

https://www.kenyans.co.k...mo-over-fuel-prices?amp[/quote]

None of their business I suspect.

I actually never look at the fuel board at the petrol station. All I know is that the car needs fuel and it must be paid for.. But I will take more interest going forward


Maybe a good thing:

-Less cars on the roads= less emissions, less traffic






Fuel is 30% cost of food.How is its price increase a "good thing" for anyone?
Horton
#1697 Posted : Monday, August 20, 2018 10:32:33 PM
Rank: Veteran


Joined: 8/30/2007
Posts: 1,558
Location: Nairobi
whiteowl wrote:
Horton wrote:
obiero wrote:
KulaRaha wrote:
newfarer wrote:
[quote=Horton]VAT on Fuel from next month. Wonder what the effect it will have on the economy?! 🤔🤔🤔

Fuel is already over taxed.

https://www.businessdail...8976-tsr1pkz/index.html




are middle class ready to join the Wednesday fuel protest ama its none of their business

https://www.kenyans.co.k...mo-over-fuel-prices?amp[/quote]

None of their business I suspect.

I actually never look at the fuel board at the petrol station. All I know is that the car needs fuel and it must be paid for.. But I will take more interest going forward


Maybe a good thing:

-Less cars on the roads= less emissions, less traffic






Fuel is 30% cost of food.How is its price increase a "good thing" for anyone?


Hmmm do you have a reference to your “claim” that Fuel=30% cost of food?



newfarer
#1698 Posted : Monday, August 20, 2018 10:40:23 PM
Rank: Elder


Joined: 3/19/2010
Posts: 3,503
Location: Uganda
cost of refined fuel ex tax is 45/-

we should not be paying more than 65/- were it not for the greed and waste which occasion overtaxing

https://www.nation.co.ke...09712-3tbuvnz/index.html
punda amecheka
Ericsson
#1699 Posted : Tuesday, August 21, 2018 11:20:13 PM
Rank: Elder


Joined: 12/4/2009
Posts: 10,639
Location: NAIROBI

https://www.washingtonpo...d513a40042f6_story.html

Kenya should follow suit
Wealth is built through a relatively simple equation
Wealth=Income + Investments - Lifestyle
obiero
#1700 Posted : Wednesday, August 22, 2018 10:00:26 AM
Rank: Elder


Joined: 6/23/2009
Posts: 13,475
Location: nairobi
Sad for the workers, but KQ wins its first labor case after hiring the former AG.. https://www.businessdail...723104-rqlu9l/index.html

HF 30,000 ABP 3.49; KQ 414,100 ABP 7.92; MTN 15,750 ABP 6.45
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