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Rank: Veteran Joined: 4/16/2014 Posts: 1,420 Location: Bohemian Grove
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kaka2za wrote:newfarer wrote:if Uhuru refuses to sign the post ponement Bill, he will be the most insensitive President in the world today. the fuel vat is just an economy killer Can't sign and won't sign Then it will be law after 14 days.
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Rank: User Joined: 8/15/2013 Posts: 13,237 Location: Vacuum
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simonkabz wrote:My honest opinion, the hike has not seen a reduction of private motorists in Nairobi, in fact, I feel the traffic is worse.
Unye ashikilie hapo kidogo, we see how it goes. It's too early, people are still using fuel bought on 31st August. Moreover, people are still loaded with Aug salary If Obiero did it, Who Am I?
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Rank: Elder Joined: 12/9/2009 Posts: 6,592 Location: Nairobi
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hardwood wrote:Higher fuel prices are good for some of us since our roads will now be less clogged by jalopies from the struggling middle class and we will now be able to cruise in our machines in comfort. Infact they should increase petrol to 200 bob to free our roads. I know yours is a selfish thought but it's not just about your vehicle and jalopies. Infact an increment of 14/- is not that great for someone with a jalopy. The problem is the ripple effect. You raise the price of fuel, inflation goes up, cartels take advantage... it's just a mess. But what I'm wondering is, when we defer this VAT to 2020, what will be different in 2020,we will still cry the same way. And what will replace it now because the money is still needed? Maybe increase of VAT to 18% from 16? BBI will solve it :)
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Rank: User Joined: 8/15/2013 Posts: 13,237 Location: Vacuum
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2012 wrote:hardwood wrote:Higher fuel prices are good for some of us since our roads will now be less clogged by jalopies from the struggling middle class and we will now be able to cruise in our machines in comfort. Infact they should increase petrol to 200 bob to free our roads. I know yours is a selfish thought but it's not just about your vehicle and jalopies. Infact an increment of 14/- is not that great for someone with a jalopy. The problem is the ripple effect. You raise the price of fuel, inflation goes up, cartels take advantage... it's just a mess. But what I'm wondering is, when we defer this VAT to 2020, what will be different in 2020,we will still cry the same way. And what will replace it now because the money is still needed? Maybe increase of VAT to 18% from 16? We will be 10 years away becoming a proper middle income country. In short, pesa haitakua shid. Our money spending will be highly inelastic If Obiero did it, Who Am I?
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Rank: Elder Joined: 7/28/2015 Posts: 9,562 Location: Rodi Kopany, Homa Bay
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Swenani wrote:2012 wrote:hardwood wrote:Higher fuel prices are good for some of us since our roads will now be less clogged by jalopies from the struggling middle class and we will now be able to cruise in our machines in comfort. Infact they should increase petrol to 200 bob to free our roads. I know yours is a selfish thought but it's not just about your vehicle and jalopies. Infact an increment of 14/- is not that great for someone with a jalopy. The problem is the ripple effect. You raise the price of fuel, inflation goes up, cartels take advantage... it's just a mess. But what I'm wondering is, when we defer this VAT to 2020, what will be different in 2020,we will still cry the same way. And what will replace it now because the money is still needed? Maybe increase of VAT to 18% from 16? We will be 10 years away of becoming a proper middle income country. In short, pesa haitakua shid. Our money spending will be highly inelastic Nope. In 2020 election campaigns will be in high gear and a fuel tax at that time will be a perfect reason fro wanjiku to kick out jumbiree. It's the 2022 chess game inapangwa.
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Rank: Elder Joined: 12/9/2009 Posts: 6,592 Location: Nairobi
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Kenyan drivers are crossing to UG and TZ to jaza tank @ 110/- per litre. Makes sense if you live nearby or you do so. E transport to and fro... BBI will solve it :)
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Rank: Elder Joined: 7/28/2015 Posts: 9,562 Location: Rodi Kopany, Homa Bay
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2012 wrote:Kenyan drivers are crossing to UG and TZ to jaza tank @ 110/- per litre. Makes sense if you live nearby or you do so. E transport to and fro... I foresee alot of smuggling of fuel at the border especially by boda boda guys using the panya routes. A boda boda can carry 4 x 20l jerricans of fuel - petrol, diesel or kerosene. If he sells at 10 bob margin thats 800 bob per trip. I think soon all cars, matatus and lorries operating at the border will be fueled using the smuggled fuel.
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Rank: Elder Joined: 11/27/2007 Posts: 3,604
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2012 wrote:Kenyan drivers are crossing to UG and TZ to jaza tank @ 110/- per litre. Makes sense if you live nearby or you do so. E transport to and fro... Favours those near the border and not seeing it as inconvenience. African parents don't know how to say sorry.. the closest you will get to a sorry is a 'have you eaten'
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Rank: Elder Joined: 7/28/2015 Posts: 9,562 Location: Rodi Kopany, Homa Bay
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Rank: Member Joined: 11/15/2010 Posts: 454 Location: Nairobi
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If the queues I saw today at Petro stations are anything to go by, then as a govt, I would only be worried about 'steady' supply and not reducing the 16% VAT. #BetterExpensiveEneryThanNone at all. ....He who began a good work in you will carry it on to completion..
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Rank: Elder Joined: 7/22/2008 Posts: 2,702
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Sober wrote:2012 wrote:Kenyan drivers are crossing to UG and TZ to jaza tank @ 110/- per litre. Makes sense if you live nearby or you do so. E transport to and fro... Favours those near the border and not seeing it as inconvenience. It does not necessarily have to be at the border. Most, if not all of the fuel destined for Uganda passes through Kenya either by road from Mombasa or through the pipeline to Eldoret and then by road from there. GOK will suddenly realize there is increased "demand" from Uganda and some Petrol station owners in Eldoret and Mombasa will become overnight millionaires. Information on where to find cheap fuel travels very fast. The petrol stations with it will not even have to be in Mombasa or Eldoret, they could be in remote areas like Kapenguria or Mutomo in Kitui and people will still find them and flock there.
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Rank: Elder Joined: 2/26/2012 Posts: 15,980
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tinker wrote:If the queues I saw today at Petro stations are anything to go by, then as a govt, I would only be worried about 'steady' supply and not reducing the 16% VAT. #BetterExpensiveEneryThanNone at all. True queues= Demand no As long as Kenyans are obsessed with driving then that 16% will be soon forgotten. Quietly pay the 16% to drive better roads. Hakuna cha bwerere. Free education, free health free roads, who's paying that bill? But UK might bow to pressure sometimes the populist in him takes over "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: 12/9/2009 Posts: 6,592 Location: Nairobi
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murchr wrote:tinker wrote:If the queues I saw today at Petro stations are anything to go by, then as a govt, I would only be worried about 'steady' supply and not reducing the 16% VAT. #BetterExpensiveEneryThanNone at all. True queues= Demand no As long as Kenyans are obsessed with driving then that 16% will be soon forgotten. Quietly pay the 16% to drive better roads. Hakuna cha bwerere. Free education, free health free roads, who's paying that bill? But UK might bow to pressure sometimes the populist in him takes over The 16% is already forgotten. The issue now is the fuel shortage not the cost. Someone out there knows Kenyans too well. Na ati mulikuwa munataka kuboycott ngata! BBI will solve it :)
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Rank: Elder Joined: 7/28/2015 Posts: 9,562 Location: Rodi Kopany, Homa Bay
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tinker wrote:If the queues I saw today at Petro stations are anything to go by, then as a govt, I would only be worried about 'steady' supply and not reducing the 16% VAT. #BetterExpensiveEneryThanNone at all. The cartels horde fuel for one day and you have started screaming eti better expensive mafuta than none?
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Rank: Veteran Joined: 11/9/2009 Posts: 2,003
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hardwood wrote:tinker wrote:If the queues I saw today at Petro stations are anything to go by, then as a govt, I would only be worried about 'steady' supply and not reducing the 16% VAT. #BetterExpensiveEneryThanNone at all. The cartels horde fuel for one day and you have started screaming eti better expensive mafuta than none? Why would they do that?
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Rank: Elder Joined: 7/28/2015 Posts: 9,562 Location: Rodi Kopany, Homa Bay
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Fuel supply back to normal. Just fueled no queues.
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Rank: Elder Joined: 7/28/2015 Posts: 9,562 Location: Rodi Kopany, Homa Bay
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Rank: Elder Joined: 7/1/2011 Posts: 8,804 Location: Nairobi
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murchr wrote:tinker wrote:If the queues I saw today at Petro stations are anything to go by, then as a govt, I would only be worried about 'steady' supply and not reducing the 16% VAT. #BetterExpensiveEneryThanNone at all. True queues= Demand no As long as Kenyans are obsessed with driving then that 16% will be soon forgotten. Quietly pay the 16% to drive better roads. Hakuna cha bwerere. Free education, free health free roads, who's paying that bill? But UK might bow to pressure sometimes the populist in him takes over Hio story ya 'free' ni nyi mapopulist mlianza. Halafu mahesabu hamfanyi vizuri ndio project/programs ziwe sustainable.
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Rank: Elder Joined: 6/23/2009 Posts: 13,502 Location: nairobi
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tycho wrote:murchr wrote:tinker wrote:If the queues I saw today at Petro stations are anything to go by, then as a govt, I would only be worried about 'steady' supply and not reducing the 16% VAT. #BetterExpensiveEneryThanNone at all. True queues= Demand no As long as Kenyans are obsessed with driving then that 16% will be soon forgotten. Quietly pay the 16% to drive better roads. Hakuna cha bwerere. Free education, free health free roads, who's paying that bill? But UK might bow to pressure sometimes the populist in him takes over Hio story ya 'free' ni nyi mapopulist mlianza. Halafu mahesabu hamfanyi vizuri ndio project/programs ziwe sustainable. Lol HF 30,000 ABP 3.49; KQ 414,100 ABP 7.92; MTN 23,800 ABP 6.45
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Rank: Elder Joined: 12/9/2009 Posts: 6,592 Location: Nairobi
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And just like that the President throws the bill back to parliament which is still on recess till Tuesday as the status quo remains - VATed fuel. BBI will solve it :)
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