wazua Tue, Mar 24, 2026
Welcome Guest Search | Active Topics | Log In

263 Pages«<7475767778>»
Kenya Economy Watch
tycho
#751 Posted : Friday, July 04, 2014 10:56:29 AM
Rank: Elder

Joined: 7/1/2011
Posts: 8,804
Location: Nairobi
Sufficiently Philanga....thropic wrote:
@hisah, the KES has to be defended at all costs, atleast so they can manage/bring down the $2B Eurobond interest payments. That's their priority no.1.


The question of defending the shilling is a difficult one. Though that's where we should concentrate on, especially when we are in a 'global re-ordering' - read 'world war'.

Demand for oil is rising, and is likely to be high for a while, to start with.


Othelo
#752 Posted : Friday, July 04, 2014 10:58:36 AM
Rank: User

Joined: 1/20/2014
Posts: 3,528
holycow wrote:
Othelo wrote:
By hiking CBR how does that affect t/bill rates; up or down?

Up.

Ashante!
Formal education will make you a living. Self-education will make you a fortune - Jim Rohn.
hisah
#753 Posted : Monday, July 07, 2014 10:18:44 PM
Rank: Chief

Joined: 8/4/2010
Posts: 8,977
Not looking fwd to MPC tomorrow. This article says it all. Rate hike.

http://www.nation.co.ke/...8/-/2th06gz/-/index.html
$15/barrel oil... The commodities lehman moment arrives as well as Sovereign debt volcano!
Mainat
#754 Posted : Tuesday, July 08, 2014 6:42:28 AM
Rank: Veteran

Joined: 11/21/2006
Posts: 1,590
A rate hike today would be interesting after all the hype about the Eurobond helping lower interest rates...
What I am looking forward to is the guidance rate and how this will be digested by the banks.
Sehemu ndio nyumba
mnandii
#755 Posted : Tuesday, July 08, 2014 6:51:54 AM
Rank: Elder

Joined: 10/11/2006
Posts: 2,304
Othelo wrote:
holycow wrote:
Othelo wrote:
By hiking CBR how does that affect t/bill rates; up or down?

Up.

Ashante!

T/Bill rates are set by the market thr' auction. CBR rate is set by 'potent directors' of the Central Bank.
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.
mnandii
#756 Posted : Tuesday, July 08, 2014 6:54:14 AM
Rank: Elder

Joined: 10/11/2006
Posts: 2,304
Mainat wrote:
A rate hike today would be interesting after all the hype about the Eurobond helping lower interest rates...
What I am looking forward to is the guidance rate and how this will be digested by the banks.

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.
mnandii
#757 Posted : Tuesday, July 08, 2014 7:52:29 AM
Rank: Elder

Joined: 10/11/2006
Posts: 2,304
The War on Cash:
Quote:
Now, international organizations, tax-exempt billion-dollar foundations, and crony capitalist businesses and banks have banded together in an unholy alliance with national governments and their central banks in the drive toward a “cashless society.”


Quote:
One of the key initiatives promoted by the Alliance is to induce governments of developing countries to deliver welfare electronically. Thus according to the Alliance’s website, “When using cash, shifting humanitarian aid and emergency relief to electronic payments creates lasting benefits for people, communities and economies and is more transparent and efficient.” Currently featured on the Alliance’s website is a blog entry entitled “Is Cash the Enemy of Financial Inclusion” as well as a webinar recording ”E-payments Deliver 15% Greater Costs Efficiencies in Kenya – Is This The Future of Food Assistance? plan ” This initiative seems to be making headway in the developing world. In 2012 Nigeria began phasing in a plan to go completely cashless. On July 1, 2014 the final phase of the plan was implemented.


Quote:
Biometric tracking and data gathering by governments and its crony banks share the same objective as the war on cash: the abolition of financial and personal privacy.

link
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.
Sufficiently Philanga....thropic
#758 Posted : Tuesday, July 08, 2014 9:30:25 AM
Rank: Elder

Joined: 9/23/2010
Posts: 2,225
Location: Sundowner,Amboseli
[quote=hisah]Not looking fwd to MPC tomorrow. This article says it all. Rate hike.

http://www.nation.co.ke/.../-/2th06gz/-/index.html[/quote]
Reads like....strike them with one hand(travel advisories),offer them 'support'(IMF) with the other, and you succeed in maintaining your status as the master while the borrower remains a slave.
@SufficientlyP
hisah
#759 Posted : Tuesday, July 08, 2014 5:08:07 PM
Rank: Chief

Joined: 8/4/2010
Posts: 8,977
Sufficiently Philanga....thropic wrote:
hisah wrote:
Not looking fwd to MPC tomorrow. This article says it all. Rate hike.

http://www.nation.co.ke/.../-/2th06gz/-/index.html

Reads like....strike them with one hand(travel advisories),offer them 'support'(IMF) with the other, and you succeed in maintaining your status as the master while the borrower remains a slave.

When kibs was in charge IMF had little limelight. But now, sigh.

Btw MPC has retained CBR at 8.5%. But Tbill rates still scaling up... d'oh! Brick wall
$15/barrel oil... The commodities lehman moment arrives as well as Sovereign debt volcano!
Sufficiently Philanga....thropic
#760 Posted : Tuesday, July 08, 2014 10:53:56 PM
Rank: Elder

Joined: 9/23/2010
Posts: 2,225
Location: Sundowner,Amboseli
hisah wrote:
Sufficiently Philanga....thropic wrote:
hisah wrote:
Not looking fwd to MPC tomorrow. This article says it all. Rate hike.

http://www.nation.co.ke/.../-/2th06gz/-/index.html

Reads like....strike them with one hand(travel advisories),offer them 'support'(IMF) with the other, and you succeed in maintaining your status as the master while the borrower remains a slave.

When kibs was in charge IMF had little limelight. But now, sigh.

Btw MPC has retained CBR at 8.5%. But Tbill rates still scaling up... d'oh! Brick wall

Why are they stalking ussmile Another round of SAPs?
Baks had put them where they belong!
On retaining the cbr at 8.5% while still accepting 91day T/Bills at 11.50%,the banks have another 2 months of partying,easy 3%...while it lastssmile As for its effects on inflation and KES,well it looks like a major gamble from them.
@SufficientlyP
263 Pages«<7475767778>»
Forum Jump  
You cannot post new topics in this forum.
You cannot reply to topics in this forum.
You cannot delete your posts in this forum.
You cannot edit your posts in this forum.
You cannot create polls in this forum.
You cannot vote in polls in this forum.

Copyright © 2026 Wazua.co.ke. All Rights Reserved.