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Law Capping interest rates
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Swenani
#1881
Posted :
Wednesday, February 22, 2017 5:30:32 PM
Rank: User
Joined: 8/15/2013
Posts: 13,237
Location: Vacuum
maka wrote:
twesha13 wrote:
[quote=wazuaguest]KCB to lay off an undisclosed number of staff
http://www.businessdaily...2718-8594r4z/index.html[
/quote]
500 is it? Are the banks going towards faceless banking. will we soon find machines in the teller cubicles ?
Yes...
If Obiero did it, Who Am I?
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Ericsson
#1882
Posted :
Tuesday, February 28, 2017 1:57:33 PM
Rank: Elder
Joined: 12/4/2009
Posts: 10,810
Location: NAIROBI
Kenya Govt has returned to the market seeking to raise Sh 24 Billion in a Tap Sale at a yield of 13.555%
pic.twitter.com/2WYU9lSOQO
Wealth is built through a relatively simple equation
Wealth=Income + Investments - Lifestyle
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KulaRaha
#1883
Posted :
Tuesday, February 28, 2017 2:37:51 PM
Rank: Elder
Joined: 7/26/2007
Posts: 6,514
Whats the after tax yield given there is no with holding or corporate tax on interest earned?
Business opportunities are like buses,there's always another one coming
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maka
#1884
Posted :
Tuesday, February 28, 2017 3:13:22 PM
Rank: Elder
Joined: 4/22/2010
Posts: 11,522
Location: Nairobi
Ericsson wrote:
Kenya Govt has returned to the market seeking to raise Sh 24 Billion in a Tap Sale at a yield of 13.555%
pic.twitter.com/2WYU9lSOQO
Playing hardball..
possunt quia posse videntur
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maka
#1885
Posted :
Tuesday, February 28, 2017 3:16:13 PM
Rank: Elder
Joined: 4/22/2010
Posts: 11,522
Location: Nairobi
KulaRaha wrote:
Whats the after tax yield given there is no with holding or corporate tax on interest earned?
Net yield ? 13.1537%
possunt quia posse videntur
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KulaRaha
#1886
Posted :
Tuesday, February 28, 2017 4:30:33 PM
Rank: Elder
Joined: 7/26/2007
Posts: 6,514
maka wrote:
KulaRaha wrote:
Whats the after tax yield given there is no with holding or corporate tax on interest earned?
Net yield ? 13.1537%
How? This bond is not subject to withholding or corporate tax boss....ala, it should be near 19%
Business opportunities are like buses,there's always another one coming
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Ericsson
#1887
Posted :
Wednesday, March 08, 2017 11:51:27 AM
Rank: Elder
Joined: 12/4/2009
Posts: 10,810
Location: NAIROBI
Kenya Central Bank Governor Patrick Njoroge said that a controversial interest-rate cap imposed by parliament on bank loans would be “temporary.”
https://www.wsj.com/arti...governor-says-1488888964
Wealth is built through a relatively simple equation
Wealth=Income + Investments - Lifestyle
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KenyanEconomist
#1888
Posted :
Wednesday, March 08, 2017 12:23:43 PM
Rank: New-farer
Joined: 5/7/2014
Posts: 40
[quote=Ericsson]Kenya Central Bank Governor Patrick Njoroge said that a controversial interest-rate cap imposed by parliament on bank loans would be “temporary.”
https://www.wsj.com/arti...overnor-says-1488888964[
/quote]
Second time he has said this. I wonder what he knows?
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KulaRaha
#1889
Posted :
Wednesday, March 08, 2017 12:25:47 PM
Rank: Elder
Joined: 7/26/2007
Posts: 6,514
While he says that, MPs are pushing for amendment to include total cost of credit ie charges within the 14%.
Lets see who wins.
Business opportunities are like buses,there's always another one coming
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Ericsson
#1890
Posted :
Wednesday, March 15, 2017 5:30:52 PM
Rank: Elder
Joined: 12/4/2009
Posts: 10,810
Location: NAIROBI
President Kenyatta regrets signing Bill To Cap rates, says that the slow-down in lending by Banks is unfortunate & unintentional
Wealth is built through a relatively simple equation
Wealth=Income + Investments - Lifestyle
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