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Kenya Economy Watch
Cde Monomotapa
#1831 Posted : Tuesday, September 25, 2018 4:50:09 PM
Rank: Chief

Joined: 1/13/2011
Posts: 5,964
obiero wrote:
mlennyma wrote:
maka wrote:
rwitre wrote:
Getting more nasty and nasty

"The squeeze Kenyans are going through as a result of slow economic growth and a strict regime governing access to credit due to the rate capping law has seen many of their properties going under the hammer as creditors move to redeem their money.

On Monday alone, 27 advertisements across five pages ran in the Daily Nation, a signal of how bad the situation is getting.

Among the properties belonging to loan defaulters that auctioneers are seeking to sell are prime residential houses, agricultural land and motor vehicles across several counties."


Dynamic duo indeed....Sad Sad

kumira kumira

Kuumia kuumia


Tibiim...!? Falalala!
obiero
#1832 Posted : Tuesday, September 25, 2018 5:02:02 PM
Rank: Elder

Joined: 6/23/2009
Posts: 14,217
Location: nairobi
Cde Monomotapa wrote:
obiero wrote:
mlennyma wrote:
maka wrote:
rwitre wrote:
Getting more nasty and nasty

"The squeeze Kenyans are going through as a result of slow economic growth and a strict regime governing access to credit due to the rate capping law has seen many of their properties going under the hammer as creditors move to redeem their money.

On Monday alone, 27 advertisements across five pages ran in the Daily Nation, a signal of how bad the situation is getting.

Among the properties belonging to loan defaulters that auctioneers are seeking to sell are prime residential houses, agricultural land and motor vehicles across several counties."


Dynamic duo indeed....Sad Sad

kumira kumira

Kuumia kuumia


Tibiim...!? Falalala!

Hehe.. Tumebebwa kimandazi

KQ ABP 4.26
Cde Monomotapa
#1833 Posted : Tuesday, September 25, 2018 6:10:19 PM
Rank: Chief

Joined: 1/13/2011
Posts: 5,964
Let's hope that 310MW of LTWP can part the Red Sea.
Ericsson
#1834 Posted : Wednesday, September 26, 2018 11:02:24 AM
Rank: Elder

Joined: 12/4/2009
Posts: 10,804
Location: NAIROBI
Cde Monomotapa wrote:
Let's hope that 310MW of LTWP can part the Red Sea.


https://www.businessdail...7866-b05oauz/index.html

Kenya has postponed its plan to build Sh968 billion nuclear power plant by nine years to 2036 in favour renewable energy projects and coal plant.

Updated power development plan prepared by the Ministry of Energy and covering the period 2017 to 2037, now show that the earliest the country can build the nuclear plant is 2036 and not 2027 as initially planned.
Wealth is built through a relatively simple equation
Wealth=Income + Investments - Lifestyle
obiero
#1835 Posted : Wednesday, October 03, 2018 8:16:14 AM
Rank: Elder

Joined: 6/23/2009
Posts: 14,217
Location: nairobi
When it rains it pours https://www.businessdail...88534-3s8b3iz/index.html

KQ ABP 4.26
Ericsson
#1836 Posted : Wednesday, October 03, 2018 11:42:55 AM
Rank: Elder

Joined: 12/4/2009
Posts: 10,804
Location: NAIROBI
https://www.businessdail...88650-jwgyql/index.html

Official foreign exchange reserves fell by nearly Sh22 billion last month to stand at Sh851.36 billion ($8.436 billion) as of September 27 compared to the end of August.
The reserves stood at Sh873.16 billion ($8.652 billion) at the end of August, equivalent to 5.76 months of import cover. The current official reserves cover 5.58 months of imports showing there has been significant decline in the cushion.
Wealth is built through a relatively simple equation
Wealth=Income + Investments - Lifestyle
Ericsson
#1837 Posted : Wednesday, October 03, 2018 11:43:56 AM
Rank: Elder

Joined: 12/4/2009
Posts: 10,804
Location: NAIROBI
[quote=obiero]When it rains it pours https://www.businessdail...8534-3s8b3iz/index.html[/quote]

Waah and KRA still expects to collect more revenue
Wealth is built through a relatively simple equation
Wealth=Income + Investments - Lifestyle
Angelica _ann
#1838 Posted : Wednesday, October 03, 2018 11:57:44 AM
Rank: Elder

Joined: 12/7/2012
Posts: 11,935
Ericsson wrote:
[quote=obiero]When it rains it pours https://www.businessdail...8534-3s8b3iz/index.html[/quote]

Waah and KRA still expects to collect more revenue


Next year's budget will be interesting, Jubilee will have to swallow their pride and present a reduced budget.
In the business world, everyone is paid in two coins - cash and experience. Take the experience first; the cash will come later - H Geneen
KulaRaha
#1839 Posted : Wednesday, October 03, 2018 12:01:30 PM
Rank: Elder

Joined: 7/26/2007
Posts: 6,514
Angelica _ann wrote:
Ericsson wrote:
[quote=obiero]When it rains it pours https://www.businessdail...8534-3s8b3iz/index.html[/quote]

Waah and KRA still expects to collect more revenue


Next year's budget will be interesting, Jubilee will have to swallow their pride and present a reduced budget.


No more helicopters?

Laughing out loudly Laughing out loudly Laughing out loudly Laughing out loudly Laughing out loudly Laughing out loudly Laughing out loudly Laughing out loudly Laughing out loudly Laughing out loudly Laughing out loudly Laughing out loudly Laughing out loudly Laughing out loudly Laughing out loudly Laughing out loudly Laughing out loudly Laughing out loudly Laughing out loudly Laughing out loudly Laughing out loudly Laughing out loudly Laughing out loudly Laughing out loudly
Business opportunities are like buses,there's always another one coming
Ericsson
#1840 Posted : Wednesday, October 03, 2018 1:16:18 PM
Rank: Elder

Joined: 12/4/2009
Posts: 10,804
Location: NAIROBI
https://www.standardmedi...-your-power-bill-by-70pc
Wealth is built through a relatively simple equation
Wealth=Income + Investments - Lifestyle
263 Pages«<182183184185186>»
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