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Kenya Economy Watch
Rank: Elder Joined: 4/22/2010 Posts: 11,522 Location: Nairobi
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kawi254 wrote:A locust invasion was flagged months ago by FAO in Ethiopia then Somalia and now is in Northern Kenya. Why is GoK seemingly unbothered & unprepared with this oncoming train smash?
Interestingly in June 2019 The Desert Locusts Control Organisation for East Africa was spraying Quelea birds wrecking havoc on Narok wheat farms.
Ineptitude... possunt quia posse videntur
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Rank: Member Joined: 3/9/2010 Posts: 320 Location: kenya
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kawi254 wrote:A locust invasion was flagged months ago by FAO in Ethiopia then Somalia and now is in Northern Kenya. Why is GoK seemingly unbothered & unprepared with this oncoming train smash?
Interestingly in June 2019 The Desert Locusts Control Organisation for East Africa was spraying Quelea birds wrecking havoc on Narok wheat farms.
We have a government on place focused only on political development and civil servants focused on more bribes and trips . Work hard at your job and you can make a living. Work hard on yourself and you can make a fortune.
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Rank: Elder Joined: 2/26/2012 Posts: 15,980
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cyruskulei wrote:kawi254 wrote:A locust invasion was flagged months ago by FAO in Ethiopia then Somalia and now is in Northern Kenya. Why is GoK seemingly unbothered & unprepared with this oncoming train smash?
Interestingly in June 2019 The Desert Locusts Control Organisation for East Africa was spraying Quelea birds wrecking havoc on Narok wheat farms.
We have a government on place focused only on political development and civil servants focused on more bribes and trips . The police has been deployed to shoot to kill as many as possible, in the process, driving them more inland..... Who's "brilliant" idea was this? "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: 3/19/2010 Posts: 3,504 Location: Uganda
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murchr wrote:cyruskulei wrote:kawi254 wrote:A locust invasion was flagged months ago by FAO in Ethiopia then Somalia and now is in Northern Kenya. Why is GoK seemingly unbothered & unprepared with this oncoming train smash?
Interestingly in June 2019 The Desert Locusts Control Organisation for East Africa was spraying Quelea birds wrecking havoc on Narok wheat farms.
We have a government on place focused only on political development and civil servants focused on more bribes and trips . The police has been deployed to shoot to kill as many as possible, in the process, driving them more inland..... Who's "brilliant" idea was this? To shoot locusts ama?  punda amecheka
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Rank: Veteran Joined: 7/1/2014 Posts: 903 Location: sky
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newfarer wrote:murchr wrote:cyruskulei wrote:kawi254 wrote:A locust invasion was flagged months ago by FAO in Ethiopia then Somalia and now is in Northern Kenya. Why is GoK seemingly unbothered & unprepared with this oncoming train smash?
Interestingly in June 2019 The Desert Locusts Control Organisation for East Africa was spraying Quelea birds wrecking havoc on Narok wheat farms.
We have a government on place focused only on political development and civil servants focused on more bribes and trips . The police has been deployed to shoot to kill as many as possible, in the process, driving them more inland..... Who's "brilliant" idea was this? To shoot locusts ama? and that gives somebody a tender to buy as many bullets and tear gas canisters as possible. There are only two emotions in the stock market, fear and hope. The problem is, you hope when you should fear and fear when you should hope
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Rank: Veteran Joined: 4/4/2016 Posts: 1,997 Location: Kitale
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kawi254 wrote:A locust invasion was flagged months ago by FAO in Ethiopia then Somalia and now is in Northern Kenya. Why is GoK seemingly unbothered & unprepared with this oncoming train smash?
Interestingly in June 2019 The Desert Locusts Control Organisation for East Africa was spraying Quelea birds wrecking havoc on Narok wheat farms.
They have concluded that the economy of Northern kenya will not be affected. But they rushed to Narok rescue because of wheat. When the situation becomes dire in Northern kenya,then they will start fundraising for relief efforts. Towards the goal of financial freedom
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Rank: Elder Joined: 12/4/2009 Posts: 10,678 Location: NAIROBI
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https://www.forbes.com/s...ny-over-60-million-debt/Wealth is built through a relatively simple equation
Wealth=Income + Investments - Lifestyle
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Rank: Elder Joined: 10/11/2006 Posts: 2,304
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Ericsson wrote:https://www.forbes.com/sites/mfonobongnsehe/2019/02/04/kenyan-tycoon-manu-chandaria-to-lose-company-over-60-million-debt/ The economy is bed-ridden Quote:Kaluworks Limited, a manufacturer of aluminum cookware and roofing sheets that is wholly owned by Manu Chandaria’s Comcraft Group, is facing auction over a $60 million debt owed to a consortium of Kenyan banks. Quote:Over the last few weeks, some of Kenya’s leading banks and financial institutions have published notices in Kenyan newspapers announcing the auction of Kaluwork’s assets over its non-performing loans. Some of the banks Kaluworks is indebted to include I&M Bank, NIC Bank and Bank of Baroda. The banks have instructed auctioneers and debt collectors to auction off multi-million dollar properties including residential and commercial complexes owned by Kaluworks, which had been used to guarantee loans for Kaluworks after the firm failed to honor its obligations. Conventional thinkers waste time building shelters when they are unnecessary and then have no shelters when they need them the most. Socionomists do the opposite.
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Rank: Elder Joined: 4/22/2010 Posts: 11,522 Location: Nairobi
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https://www.nation.co.ke...7982-v9ifkmz/index.html
Tyre distributor Sameer Africa will from February 1 start laying off 52 employees as it struggles to survive, deepening the job crisis in Kenya’s corporate scene. The firm has continued to struggle even after its change of strategy in 2016 when it stopped local manufacturing of its key tyre brand Yana and opted to outsource to Asia. possunt quia posse videntur
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Rank: New-farer Joined: 8/1/2019 Posts: 86
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mnandii wrote:Ericsson wrote:https://www.forbes.com/sites/mfonobongnsehe/2019/02/04/kenyan-tycoon-manu-chandaria-to-lose-company-over-60-million-debt/ The economy is bed-ridden Quote:Kaluworks Limited, a manufacturer of aluminum cookware and roofing sheets that is wholly owned by Manu Chandaria’s Comcraft Group, is facing auction over a $60 million debt owed to a consortium of Kenyan banks. Quote:Over the last few weeks, some of Kenya’s leading banks and financial institutions have published notices in Kenyan newspapers announcing the auction of Kaluwork’s assets over its non-performing loans. Some of the banks Kaluworks is indebted to include I&M Bank, NIC Bank and Bank of Baroda. The banks have instructed auctioneers and debt collectors to auction off multi-million dollar properties including residential and commercial complexes owned by Kaluworks, which had been used to guarantee loans for Kaluworks after the firm failed to honor its obligations. What happened to Kaluworks?
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Rank: Elder Joined: 12/4/2009 Posts: 10,678 Location: NAIROBI
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In 1990, Kenya with 814,000 tourists significantly led Dubai (450,000) and Ethiopia (64,000). In 2018: Kenya earns $1.55bn from 2m tourists Dubai earns $18.7bn from 16m tourists Ethiopia earns $7.4bn from 1.4m tourists Wealth is built through a relatively simple equation
Wealth=Income + Investments - Lifestyle
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Rank: Veteran Joined: 4/30/2010 Posts: 1,635
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Ericsson wrote:In 1990, Kenya with 814,000 tourists significantly led Dubai (450,000) and Ethiopia (64,000).
In 2018:
Kenya earns $1.55bn from 2m tourists
Dubai earns $18.7bn from 16m tourists
Ethiopia earns $7.4bn from 1.4m tourists I doubt figures for Ethiopia!
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Rank: User Joined: 8/15/2013 Posts: 13,237 Location: Vacuum
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Ericsson wrote:In 1990, Kenya with 814,000 tourists significantly led Dubai (450,000) and Ethiopia (64,000).
In 2018:
Kenya earns $1.55bn from 2m tourists
Dubai earns $18.7bn from 16m tourists
Ethiopia earns $7.4bn from 1.4m tourists These stats tell us that we attract students and backpakers as tourists If Obiero did it, Who Am I?
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Rank: Elder Joined: 12/7/2012 Posts: 11,908
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Swenani wrote:Ericsson wrote:In 1990, Kenya with 814,000 tourists significantly led Dubai (450,000) and Ethiopia (64,000).
In 2018:
Kenya earns $1.55bn from 2m tourists
Dubai earns $18.7bn from 16m tourists
Ethiopia earns $7.4bn from 1.4m tourists These stats tell us that we attract students and backpakers as tourists What tourists attraction are there in Ethiopia (that beats Kenya), asking for a friend? 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: User Joined: 8/15/2013 Posts: 13,237 Location: Vacuum
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Angelica _ann wrote:Swenani wrote:Ericsson wrote:In 1990, Kenya with 814,000 tourists significantly led Dubai (450,000) and Ethiopia (64,000).
In 2018:
Kenya earns $1.55bn from 2m tourists
Dubai earns $18.7bn from 16m tourists
Ethiopia earns $7.4bn from 1.4m tourists These stats tell us that we attract students and backpakers as tourists What tourists attraction are there in Ethiopia (that beats Kenya), asking for a friend? 1.Lucy 2. lalibela sewn rock churches 3. Gondar 4.Erta Ale 5. Blue nile falls 6. Girls 7. Shashamane village If Obiero did it, Who Am I?
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Rank: Elder Joined: 2/26/2012 Posts: 15,980
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Swenani wrote:Angelica _ann wrote:Swenani wrote:Ericsson wrote:In 1990, Kenya with 814,000 tourists significantly led Dubai (450,000) and Ethiopia (64,000).
In 2018:
Kenya earns $1.55bn from 2m tourists
Dubai earns $18.7bn from 16m tourists
Ethiopia earns $7.4bn from 1.4m tourists These stats tell us that we attract students and backpakers as tourists What tourists attraction are there in Ethiopia (that beats Kenya), asking for a friend? 1.Lucy 2. lalibela sewn rock churches 3. Gondar 4.Erta Ale 5. Blue nile falls 6. Girls 7. Shashamane village The morden traveller doesn't necessarily want to see animals. It's a pity historical sites in Kenya are not sold by KTB. France gets about 90m tourists in a year, a number which is more than their population...because of a building and events like tour de France "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: 12/7/2012 Posts: 11,908
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murchr wrote:Swenani wrote:Angelica _ann wrote:Swenani wrote:Ericsson wrote:In 1990, Kenya with 814,000 tourists significantly led Dubai (450,000) and Ethiopia (64,000).
In 2018:
Kenya earns $1.55bn from 2m tourists
Dubai earns $18.7bn from 16m tourists
Ethiopia earns $7.4bn from 1.4m tourists These stats tell us that we attract students and backpakers as tourists What tourists attraction are there in Ethiopia (that beats Kenya), asking for a friend? 1.Lucy 2. lalibela sewn rock churches 3. Gondar 4.Erta Ale 5. Blue nile falls 6. Girls 7. Shashamane village The morden traveller doesn't necessarily want to see animals. It's a pity historical sites in Kenya are not sold by KTB. France gets about 90m tourists in a year, a number which is more than their population...because of a building and events like tour de France Thanks .......true ...... learning.  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: 12/4/2009 Posts: 10,678 Location: NAIROBI
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Angelica _ann wrote:murchr wrote:Swenani wrote:Angelica _ann wrote:Swenani wrote:Ericsson wrote:In 1990, Kenya with 814,000 tourists significantly led Dubai (450,000) and Ethiopia (64,000).
In 2018:
Kenya earns $1.55bn from 2m tourists
Dubai earns $18.7bn from 16m tourists
Ethiopia earns $7.4bn from 1.4m tourists These stats tell us that we attract students and backpakers as tourists What tourists attraction are there in Ethiopia (that beats Kenya), asking for a friend? 1.Lucy 2. lalibela sewn rock churches 3. Gondar 4.Erta Ale 5. Blue nile falls 6. Girls 7. Shashamane village The morden traveller doesn't necessarily want to see animals. It's a pity historical sites in Kenya are not sold by KTB. France gets about 90m tourists in a year, a number which is more than their population...because of a building and events like tour de France Thanks .......true ...... learning. Kenya we sell animals and the beach to tourists Wealth is built through a relatively simple equation
Wealth=Income + Investments - Lifestyle
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Rank: User Joined: 8/15/2013 Posts: 13,237 Location: Vacuum
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Angelica _ann wrote:murchr wrote:Swenani wrote:Angelica _ann wrote:Swenani wrote:Ericsson wrote:In 1990, Kenya with 814,000 tourists significantly led Dubai (450,000) and Ethiopia (64,000).
In 2018:
Kenya earns $1.55bn from 2m tourists
Dubai earns $18.7bn from 16m tourists
Ethiopia earns $7.4bn from 1.4m tourists These stats tell us that we attract students and backpakers as tourists What tourists attraction are there in Ethiopia (that beats Kenya), asking for a friend? 1.Lucy 2. lalibela sewn rock churches 3. Gondar 4.Erta Ale 5. Blue nile falls 6. Girls 7. Shashamane village The morden traveller doesn't necessarily want to see animals. It's a pity historical sites in Kenya are not sold by KTB. France gets about 90m tourists in a year, a number which is more than their population...because of a building and events like tour de France Thanks .......true ...... learning. I can organise and mobilise for private learning lessons for you mademoiselle AA If Obiero did it, Who Am I?
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Rank: Chief Joined: 1/3/2007 Posts: 18,097 Location: Nairobi
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Swenani wrote:Angelica _ann wrote:Swenani wrote:Ericsson wrote:In 1990, Kenya with 814,000 tourists significantly led Dubai (450,000) and Ethiopia (64,000).
In 2018:
Kenya earns $1.55bn from 2m tourists
Dubai earns $18.7bn from 16m tourists
Ethiopia earns $7.4bn from 1.4m tourists These stats tell us that we attract students and backpakers as tourists What tourists attraction are there in Ethiopia (that beats Kenya), asking for a friend? 1.Lucy 2. lalibela sewn rock churches 3. Gondar 4.Erta Ale 5. Blue nile falls 6. Girls
7. Shashamane village  Greedy when others are fearful. Very fearful when others are greedy - to paraphrase Warren Buffett
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