Wazua
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Law Capping interest rates
Rank: Member Joined: 5/21/2014 Posts: 184
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mkeiy wrote:actuarywahisa wrote:mkeiy wrote:actuarywahisa wrote:http://www.businessdailyafrica.com/markets/news/Banks-triple-loan-good-borrowers/3815534-3904056-yj57vp/index.html
This is the way to go. Not a blanket overcharging of all clients to cover for the failure of banks to do homework on their customers before on-boarding.
Wacha cartels na brigade ya 'sky-is-falling' wabaki hapo na theories zao. Reduced production, job losses, fewer new cars, minibuses and trucks being registered. The era of alternative facts I see.  @actuarywahisa. Did you bother reading the article? What you've highlighted is a LINK! Why should I? ... VW assembly reentry: http://www.businessdaily...00806-9fpyqe/index.html
Iveco Re-entry: www.businessdailyafrica....860726-2hrma9/index.htmlBentley Launches: http://http//www.businessdailyafrica.com/corporate/Luxury-British-car-brand-Bentley-Kenya/539550-3886854-gn8sfwz/index.html Job Adverts: https://www.brightermonday.co.ke/
and others... Of course we'd rather focus only on the guys doing downsizing (primarily banks) as our example of how the sky is falling. Provided you believe something, there will always be facts to back it. Let's wait and see the end. There are too many opportunities all around. Open your eyes and maybe you'll spot one
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Rank: Veteran Joined: 8/16/2009 Posts: 994
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actuarywahisa wrote:mkeiy wrote:actuarywahisa wrote:mkeiy wrote:actuarywahisa wrote:http://www.businessdailyafrica.com/markets/news/Banks-triple-loan-good-borrowers/3815534-3904056-yj57vp/index.html
This is the way to go. Not a blanket overcharging of all clients to cover for the failure of banks to do homework on their customers before on-boarding.
Wacha cartels na brigade ya 'sky-is-falling' wabaki hapo na theories zao. Reduced production, job losses, fewer new cars, minibuses and trucks being registered. The era of alternative facts I see. @actuarywahisa. Did you bother reading the article? What you've highlighted is a LINK! Why should I? ... VW assembly reentry: http://www.businessdaily...00806-9fpyqe/index.html
Iveco Re-entry: www.businessdailyafrica....860726-2hrma9/index.htmlBentley Launches: http://http//www.businessdailyafrica.com/corporate/Luxury-British-car-brand-Bentley-Kenya/539550-3886854-gn8sfwz/index.html Job Adverts: https://www.brightermonday.co.ke/
and others... Of course we'd rather focus only on the guys doing downsizing (primarily banks) as our example of how the sky is falling. Provided you believe something, there will always be facts to back it. Let's wait and see the end. You have spoken like 10 wise men. Time is money, so money is time. Money saved is time gained in reverse! Money stores your life’s energy. You expend your energy, get paid money, and store that money for a future purchase made in a currency.
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Rank: Elder Joined: 4/22/2010 Posts: 11,522 Location: Nairobi
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actuarywahisa wrote:mkeiy wrote:actuarywahisa wrote:mkeiy wrote:actuarywahisa wrote:http://www.businessdailyafrica.com/markets/news/Banks-triple-loan-good-borrowers/3815534-3904056-yj57vp/index.html
This is the way to go. Not a blanket overcharging of all clients to cover for the failure of banks to do homework on their customers before on-boarding.
Wacha cartels na brigade ya 'sky-is-falling' wabaki hapo na theories zao. Reduced production, job losses, fewer new cars, minibuses and trucks being registered. The era of alternative facts I see. @actuarywahisa. Did you bother reading the article? What you've highlighted is a LINK! Why should I? ... VW assembly reentry: http://www.businessdaily...00806-9fpyqe/index.html
Iveco Re-entry: www.businessdailyafrica....860726-2hrma9/index.htmlBentley Launches: http://http//www.businessdailyafrica.com/corporate/Luxury-British-car-brand-Bentley-Kenya/539550-3886854-gn8sfwz/index.html Job Adverts: https://www.brightermonday.co.ke/
and others... Of course we'd rather focus only on the guys doing downsizing (primarily banks) as our example of how the sky is falling. Provided you believe something, there will always be facts to back it. Let's wait and see the end. Glass half empty or half full? possunt quia posse videntur
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Rank: Elder Joined: 6/23/2009 Posts: 14,237 Location: nairobi
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The rise in flour is tied to the rate cap.. Things are elephant. Soon your landlord will increase rent. Watch this space
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Rank: Elder Joined: 6/23/2009 Posts: 14,237 Location: nairobi
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The rise in flour is tied to the rate cap.. Things are elephant. Soon your landlord will increase rent. Watch this space
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Rank: Veteran Joined: 8/30/2007 Posts: 1,558 Location: Nairobi
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obiero wrote:The rise in flour is tied to the rate cap.. Things are elephant. Soon your landlord will increase rent. Watch this space Markets are tough. As a landlord. Currently finding tenants is hard currently.
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Rank: Member Joined: 1/27/2012 Posts: 851 Location: Nairobi
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actuarywahisa wrote:mkeiy wrote:actuarywahisa wrote:mkeiy wrote:actuarywahisa wrote:http://www.businessdailyafrica.com/markets/news/Banks-triple-loan-good-borrowers/3815534-3904056-yj57vp/index.html
This is the way to go. Not a blanket overcharging of all clients to cover for the failure of banks to do homework on their customers before on-boarding.
Wacha cartels na brigade ya 'sky-is-falling' wabaki hapo na theories zao. Reduced production, job losses, fewer new cars, minibuses and trucks being registered. The era of alternative facts I see. @actuarywahisa. Did you bother reading the article? What you've highlighted is a LINK! Why should I? ... VW assembly reentry: http://www.businessdaily...00806-9fpyqe/index.html
Iveco Re-entry: www.businessdailyafrica....860726-2hrma9/index.htmlBentley Launches: http://http//www.businessdailyafrica.com/corporate/Luxury-British-car-brand-Bentley-Kenya/539550-3886854-gn8sfwz/index.html Job Adverts: https://www.brightermonday.co.ke/
and others... Of course we'd rather focus only on the guys doing downsizing (primarily banks) as our example of how the sky is falling. Provided you believe something, there will always be facts to back it. Let's wait and see the end.  @actuarywahisa. To you, it's a BELIEF that is making guys not buy/register new cars, vans, buses, trucks! ! ! A belief! If the picture was rosy as you would want your 'facts/links'to suggest, don't you think we would be talking of 'increasing' x,y,z, and not 'decreasing'of the same? The true test of the economy is the disposal economy. Kenyans don't have it, trying selling anything to them. It now takes longer than two years ago. Be it rental space, a car, a plot etc.
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Rank: Elder Joined: 4/22/2010 Posts: 11,522 Location: Nairobi
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mkeiy wrote:actuarywahisa wrote:mkeiy wrote:actuarywahisa wrote:mkeiy wrote:actuarywahisa wrote:http://www.businessdailyafrica.com/markets/news/Banks-triple-loan-good-borrowers/3815534-3904056-yj57vp/index.html
This is the way to go. Not a blanket overcharging of all clients to cover for the failure of banks to do homework on their customers before on-boarding.
Wacha cartels na brigade ya 'sky-is-falling' wabaki hapo na theories zao. Reduced production, job losses, fewer new cars, minibuses and trucks being registered. The era of alternative facts I see. @actuarywahisa. Did you bother reading the article? What you've highlighted is a LINK! Why should I? ... VW assembly reentry: http://www.businessdaily...00806-9fpyqe/index.html
Iveco Re-entry: www.businessdailyafrica....860726-2hrma9/index.htmlBentley Launches: http://http//www.businessdailyafrica.com/corporate/Luxury-British-car-brand-Bentley-Kenya/539550-3886854-gn8sfwz/index.html Job Adverts: https://www.brightermonday.co.ke/
and others... Of course we'd rather focus only on the guys doing downsizing (primarily banks) as our example of how the sky is falling. Provided you believe something, there will always be facts to back it. Let's wait and see the end. @actuarywahisa. To you, it's a BELIEF that is making guys not buy/register new cars, vans, buses, trucks! ! ! A belief! If the picture was rosy as you would want your 'facts/links'to suggest, don't you think we would be talking of 'increasing' x,y,z, and not 'decreasing'of the same? The true test of the economy is the disposal economy. Kenyans don't have it, trying selling anything to them. It now takes longer than two years ago. Be it rental space, a car, a plot etc. True... possunt quia posse videntur
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Rank: Member Joined: 5/21/2014 Posts: 184
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No one is saying that things are rosy. I am only saying that not everything should be blindly blamed on interest rate capping. It is important to appreciate that at the moment there is a confounding of many factors. It is still early days to say A has caused B. By the way in the world, 87% of all statistics is usually cooked up to make a point. Price of maize flour... rate cap, whoever loses the election... rate cap... el nino ... rate cap. It is still early days and I think it is unwise to draw conclusions. If at all banks are not lending to good SMEs, then the government, for example could create a fund for SMEs. There are too many opportunities all around. Open your eyes and maybe you'll spot one
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Rank: Veteran Joined: 8/30/2007 Posts: 1,558 Location: Nairobi
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actuarywahisa wrote:By the way in the world, 87% of all statistics is usually cooked up to make a point. Including this one 🤣🤣
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Law Capping interest rates
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