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Konza Technology City
Abby
#1 Posted : Monday, May 23, 2011 8:19:27 AM
Rank: Member

Joined: 3/7/2011
Posts: 112
Hi Gentlemen (and Ladies),

Kindly, who may have proper information about Konza Technology City? It is in the news, then not, then in the news again.

Will the Gov't really pull-off this thing, or may be dumped because of Tatu City and others? You never know with Kenyan politics and other interests ....

Thanks
The fast & furious
#2 Posted : Monday, May 23, 2011 8:32:11 AM
Rank: Member

Joined: 9/24/2009
Posts: 112
Abby wrote:
Hi Gentlemen (and Ladies),

Kindly, who may have proper information about Konza Technology City? It is in the news, then not, then in the news again.

Will the Gov't really pull-off this thing, or may be dumped because of Tatu City and others? You never know with Kenyan politics and other interests ....

Thanks


Once you see Ndemo propelled management put in place the necessary infrastructure within and leading to Konza like super highway, water, power etc in place then believe the project will materialize.

I tend to like the way KIbaki works. He does not shout on top of his trap about "I will ensure a superhighway is built between Nairobi and Thika blah blah blah". He does it without fun fair and the end products are evident. Serious roads emerge and pple still don't seem to get it. They still want tall tails, kitendawali and matusi. Why are so many Kenyans so silly?
The signature of God runs in all things. Only fools fail to see it and believe in Him. However, others see it even where non exists - now you see where the false pastor comes in.
Abby
#3 Posted : Monday, May 23, 2011 8:58:58 AM
Rank: Member

Joined: 3/7/2011
Posts: 112
Well said, thanks.

Well said because I was reading the East African where it was said Kenya had agreed with Uganda to build the Mombasa to Kampala Railway line ..... but now the Chinese have come in and things have changed ....the story is here:


http://www.theeastafrica.../-/o2jrdqz/-/index.html

Let us hope that the Konza Project does not suffer the same fate.

Thanks, great day.

The fast & furious
#4 Posted : Monday, May 23, 2011 9:11:33 AM
Rank: Member

Joined: 9/24/2009
Posts: 112
The fast & furious wrote:
Abby wrote:
Hi Gentlemen (and Ladies),

Kindly, who may have proper information about Konza Technology City? It is in the news, then not, then in the news again.

Will the Gov't really pull-off this thing, or may be dumped because of Tatu City and others? You never know with Kenyan politics and other interests ....

Thanks


Once you see Ndemo propelled management put in place the necessary infrastructure within and leading to Konza like super highway, water, power etc in place then believe the project will materialize.

I tend to like the way KIbaki works. He does not shout on top of his trap about "I will ensure a superhighway is built between Nairobi and Thika blah blah blah". He does it without fun fair and the end products are evident. Serious roads emerge and pple still don't seem to get it. They still want tall tails, kitendawali and matusi. Why are so many Kenyans so silly?


For those who still doubt the marvels Kibaki has done for this country, check this out.

The report also commended the government for playing an important role in leading the growth results.

In its study, the United Nations Economic Commission for Africa and the African Union singled out the government’s robust strategy for reviving the economy as the reason for this growth.

It compared Kenya’s growth to the growth of Asian and Latin American countries which achieved growth by adopting deliberate state intervention strategies.

Strategies planned and implemented by government through its fiscal and monetary agents that intervened directly in economic and social aspects of the country have been identified as the causes for this growth.

The report claims that Kenya is on the right path in regard to achieving Vision 2030.

http://www.uneca.org/era2011/ERA2011_ENG-fin.pdf

Give Kibaki another five yrs and he would have created the first true African Tiger.
The signature of God runs in all things. Only fools fail to see it and believe in Him. However, others see it even where non exists - now you see where the false pastor comes in.
Burning Spear
#5 Posted : Monday, May 23, 2011 9:43:41 AM
Rank: Veteran

Joined: 7/22/2008
Posts: 1,139
The fast & furious wrote:
The fast & furious wrote:
Abby wrote:
Hi Gentlemen (and Ladies),

Kindly, who may have proper information about Konza Technology City? It is in the news, then not, then in the news again.

Will the Gov't really pull-off this thing, or may be dumped because of Tatu City and others? You never know with Kenyan politics and other interests ....

Thanks


Once you see Ndemo propelled management put in place the necessary infrastructure within and leading to Konza like super highway, water, power etc in place then believe the project will materialize.

I tend to like the way KIbaki works. He does not shout on top of his trap about "I will ensure a superhighway is built between Nairobi and Thika blah blah blah". He does it without fun fair and the end products are evident. Serious roads emerge and pple still don't seem to get it. They still want tall tails, kitendawali and matusi. Why are so many Kenyans so silly?


For those who still doubt the marvels Kibaki has done for this country, check this out.

The report also commended the government for playing an important role in leading the growth results.

In its study, the United Nations Economic Commission for Africa and the African Union singled out the government’s robust strategy for reviving the economy as the reason for this growth.

It compared Kenya’s growth to the growth of Asian and Latin American countries which achieved growth by adopting deliberate state intervention strategies.

Strategies planned and implemented by government through its fiscal and monetary agents that intervened directly in economic and social aspects of the country have been identified as the causes for this growth.

The report claims that Kenya is on the right path in regard to achieving Vision 2030.

http://www.uneca.org/era2011/ERA2011_ENG-fin.pdf

Give Kibaki another five yrs and he would have created the first true African Tiger.




only the new constitution is limiting and I kept saying its bad !!
"You're not supposed to be so blind with patriotism that you can't face reality. Wrong is wrong, no matter who says it". Malcolm X
Djinn
#6 Posted : Monday, May 23, 2011 10:49:15 AM
Rank: Elder

Joined: 11/13/2008
Posts: 1,565
@Abby - Tatu and Konza are two different projects...Tatu is more of a real estate oriented project for housing and allied facilities while Konza is meant to help grow ICT as a pillar of the Kenyan economy (BPO, PC Manufacturing, software development, hosting services, skills development, etc etc) - think of it as an EPZ for IT companies exclusively. Comparable to Dubai Internet City (http://www.dubaiinternetcity.com/)
Mercie
#7 Posted : Tuesday, May 24, 2011 12:08:18 AM
Rank: Member

Joined: 2/4/2009
Posts: 42
Abby wrote:
Well said, thanks.

Well said because I was reading the East African where it was said Kenya had agreed with Uganda to build the Mombasa to Kampala Railway line ..... but now the Chinese have come in and things have changed ....the story is here:


http://www.theeastafrica.../-/o2jrdqz/-/index.html

Let us hope that the Konza Project does not suffer the same fate.

Thanks, great day.



In the news: http://goo.gl/HhMBa
Go borrow vessels!
action!
#8 Posted : Tuesday, May 24, 2011 4:24:03 PM
Rank: Member

Joined: 9/17/2009
Posts: 47
This project would be good for the area. Speculation suggests that it is still on.
2012
#9 Posted : Tuesday, May 24, 2011 4:43:51 PM
Rank: Elder

Joined: 12/9/2009
Posts: 6,592
Location: Nairobi
The fast & furious wrote:
Give Kibaki another five yrs and he would have created the first true African Tiger.


I like Kibaki. I believe he's the best president Kenya has ever had and no one will match his achievements in many years to come. That said I have no doubt that the maximum years we must give to any President is 10 because after that power gets into your head and you think you're either ordained by God, or you're a god or you are the only choice eg M7, Mugabe, Amin etc These were people with very good intentions but that was then.

BBI will solve it
:)
sungura2005
#10 Posted : Thursday, May 26, 2011 6:26:13 PM
Rank: Member

Joined: 6/20/2007
Posts: 25
Income taxes and wages in India are much lower than in Kenya.

40,000/- gross monthly pay

Kenya income tax - 5,932/- (14.83%)

India income tax - 1,154/- (2.88%)

80,000/- gross monthly pay

Kenya income tax - 17,932/- (22.42%)

India income tax - 5,274/- (6.59%)

160,000/- gross monthly pay

Kenya income tax - 38,932/- (24.33%)

India income tax - 25,050/- (15.66%)

200,000/- gross monthly pay

Kenya income tax - 53,932/- (26.97%)

India income tax - 37,410/- (18.70%)

Kenya income tax calculator

http://www.aren.co.ke/kenya/payecalc.htm

Indian government income tax calculator

http://law.incometaxindi.../DIT/Xtras/taxcalc.aspx

According to the CIA World Factbook, India's government revenue is 11.94% of GDP while Kenya's is 21.64%.

Kenya

https://www.cia.gov/libr...d-factbook/geos/ke.html

India

https://www.cia.gov/libr...d-factbook/geos/in.html

Wages in India are also much lower than in Kenya. For example, a software developer in India has an average gross monthly pay of KSh 49,000.

http://www.payscale.com/...IN/Country=India/Salary

The gross monthly pay for a programmer analyst at Cognizant, a BPO with annual sales of $4.59bn, starts at KSh 47,000.

http://www.payscale.com/...ployer=Cognizant/Salary

Cognizant's sales grew by 40.1% during the last financial year. Equity is a conservative 81.16% of assets. $1 invested in the shares in 1998 would now be $173.40. It had 111,200 employees as at 31/03/11, mostly in India.

http://www.google.com/finance?q=NASDAQ:CTSH

It had 104,000 employees as at 31/12/10 so they hired 7,200 more employees in just 3 months.

http://www.businessweek....ased_in_teaneck_nj.html

It plans to hire 25,000 more employees in India this year.

http://articles.economic...-campus-cts-first-phase

It's building facilities in India that can accommodate 55,000 more employees.

http://www.bizindia.net/...p;catId=61&locID=60

Francisco D'Souza, the 43-year-old CEO, was born and raised in Kenya.

http://images.businesswe...ssful_immigrants/10.htm

The top 5 Indian BPOs hired 114,038 more employees during the first 3 months of the year.

http://articles.economic...-addition-numbers-wipro

There are 2 reasons why an investor would invest in Kenya instead of India despite India's low taxes and wages.

1. To sell to the Kenyan and regional markets.

2. To exploit a natural resource like minerals, fertile land, good climate, wildlife, beaches, fish, sea, lakes, etc.

BPOs do neither of the above so investors would rather have them in India.
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