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Hard times ahead
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wukan
#71 Posted : Monday, May 06, 2019 10:38:46 AM
Rank: Veteran

Joined: 11/13/2015
Posts: 1,658
newfarer wrote:
prices for everything have just shot up.unga ,sabuni ,rice hata tissue ya choo.ama ni Mimi pekee nafeel


Wewe pambana na hali yako. You were the biggest supporter/beneficiary of the interest rate cap just use the savings on the interest rate to pay.
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Angelica _ann
#72 Posted : Monday, May 06, 2019 10:49:48 AM
Rank: Elder

Joined: 12/7/2012
Posts: 11,937
wukan wrote:
newfarer wrote:
prices for everything have just shot up.unga ,sabuni ,rice hata tissue ya choo.ama ni Mimi pekee nafeel


Wewe pambana na hali yako. You were the biggest supporter/beneficiary of the interest rate cap just use the savings on the interest rate to pay.


Laughing out loudly Laughing out loudly Laughing out loudly
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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2012
#73 Posted : Monday, May 06, 2019 10:58:47 AM
Rank: Elder

Joined: 12/9/2009
Posts: 6,592
Location: Nairobi
wukan wrote:
newfarer wrote:
prices for everything have just shot up.unga ,sabuni ,rice hata tissue ya choo.ama ni Mimi pekee nafeel


Wewe pambana na hali yako. You were the biggest supporter/beneficiary of the interest rate cap just use the savings on the interest rate to pay.


Most opportunities are discovered in hard times.

BBI will solve it :)
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tom_boy
#74 Posted : Monday, May 06, 2019 11:41:50 AM
Rank: Member

Joined: 2/20/2007
Posts: 767
wukan wrote:
newfarer wrote:
prices for everything have just shot up.unga ,sabuni ,rice hata tissue ya choo.ama ni Mimi pekee nafeel


Wewe pambana na hali yako. You were the biggest supporter/beneficiary of the interest rate cap just use the savings on the interest rate to pay.


Interest rate cap na cost of goods going up inakujia wapi jameni. Why not the drought, the high cost of fuel, inefficient goverment services, goverment not paying suppliers etc etc. Wacha kutufunga macho. Wacha rate cap iendelee. Those who are credit worthy are having a ball.

If anything, with rate cap, consumers have no money to buy goods thus demand for goods is low thus prices should go down.

Watu wengine.....
They must find it difficult....... those who have taken authority as the truth, rather than truth as the authority. -G. Massey.
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KulaRaha
#75 Posted : Monday, May 06, 2019 11:53:32 AM
Rank: Elder

Joined: 7/26/2007
Posts: 6,514
Economy is growing at 6.3%, stop whining and enjoy the fruits of a strong powerful economy.
Business opportunities are like buses,there's always another one coming
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Kusadikika
#76 Posted : Monday, May 06, 2019 2:24:48 PM
Rank: Elder

Joined: 7/22/2008
Posts: 2,723
KulaRaha wrote:
Economy is growing at 6.3%, stop whining and enjoy the fruits of a strong powerful economy.


Ever heard of the statistician who drowned in a river because it was said the average depth was 3 feet?

This economic growth is a number that may not mean much to a lot of people.

Safaricom, Betting Firms and Banks lending to GOK. Exclude those 3 from all numbers and I think the economy will be found to be shrinking.
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Swenani
#77 Posted : Monday, May 06, 2019 2:41:20 PM
Rank: User

Joined: 8/15/2013
Posts: 13,237
Location: Vacuum
Angelica _ann wrote:
wukan wrote:
newfarer wrote:
prices for everything have just shot up.unga ,sabuni ,rice hata tissue ya choo.ama ni Mimi pekee nafeel


Wewe pambana na hali yako. You were the biggest supporter/beneficiary of the interest rate cap just use the savings on the interest rate to pay.


Laughing out loudly Laughing out loudly Laughing out loudly

Laughing out loudly Laughing out loudly Laughing out loudly Laughing out loudly Laughing out loudly Laughing out loudly
If Obiero did it, Who Am I?
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newfarer
#78 Posted : Monday, May 06, 2019 3:51:51 PM
Rank: Elder

Joined: 3/19/2010
Posts: 3,505
Location: Uganda
Swenani wrote:
Angelica _ann wrote:
wukan wrote:
newfarer wrote:
prices for everything have just shot up.unga ,sabuni ,rice hata tissue ya choo.ama ni Mimi pekee nafeel


Wewe pambana na hali yako. You were the biggest supporter/beneficiary of the interest rate cap just use the savings on the interest rate to pay.


Laughing out loudly Laughing out loudly Laughing out loudly

Laughing out loudly Laughing out loudly Laughing out loudly Laughing out loudly Laughing out loudly Laughing out loudly

actually if there was no interest cap ,it would have been worse.. I still support the cap.cant imagine if I was paying interest at 25%
punda amecheka
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  | | Edit by user: Monday, May 06, 2019 5:06 PM | Reason: Not specified
murchr
#79 Posted : Monday, May 06, 2019 4:07:04 PM
Rank: Elder

Joined: 2/26/2012
Posts: 15,980
Swenani wrote:
Angelica _ann wrote:
wukan wrote:
newfarer wrote:
prices for everything have just shot up.unga ,sabuni ,rice hata tissue ya choo.ama ni Mimi pekee nafeel


Wewe pambana na hali yako. You were the biggest supporter/beneficiary of the interest rate cap just use the savings on the interest rate to pay.


Laughing out loudly Laughing out loudly Laughing out loudly

Laughing out loudly Laughing out loudly Laughing out loudly Laughing out loudly Laughing out loudly Laughing out loudly


Laughing out loudly Laughing out loudly Laughing out loudly Laughing out loudly Laughing out loudly Applause Applause Applause Applause

Lessons will be learnt the hard way, circulation of money grows the economy. My friend was telling me since the animal notes came into circulation - he hasn't held any yet.

"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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  | | Edit by user: Monday, May 06, 2019 4:10 PM | Reason: Not specified
AlphDoti
#80 Posted : Monday, May 06, 2019 4:11:14 PM
Rank: Elder

Joined: 6/20/2008
Posts: 6,275
Location: Kenya
KulaRaha wrote:
AlphDoti wrote:
newfarer wrote:
prices for everything have just shot up.unga ,sabuni ,rice hata tissue ya choo.ama ni Mimi pekee nafeel

Let it be until we reach a point we did in 2002. We said enough is enough but some gullible voters took us back to tribal voting politics. Now we are where had reached with Nyay0. Shame.

90% of contributors here will vote according to tribe in 2022.

This sounds exactly like what is happening to us!
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