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Kenya Economy Watch
Ericsson
#2401 Posted : Monday, December 16, 2019 12:07:59 PM
Rank: Elder


Joined: 12/4/2009
Posts: 10,639
Location: NAIROBI
https://pbs.twimg.com/me...t=jpg&name=4096x4096
Wealth is built through a relatively simple equation
Wealth=Income + Investments - Lifestyle
aemathenge
#2402 Posted : Monday, December 16, 2019 12:10:18 PM
Rank: Elder


Joined: 10/18/2008
Posts: 3,434
Location: Kerugoya
aemathenge wrote:
The Virtual Republic Of Wazua

Quote For The Day:

Quote:
It is unfortunate we can't buy many business executives for what they are worth and sell them for what they think they are worth - Malcolm Forbes


Quote:
A consultant is a man sent in after the battle to bayonet the wounded - Author Unknown
wukan
#2403 Posted : Tuesday, December 17, 2019 10:51:41 AM
Rank: Veteran


Joined: 11/13/2015
Posts: 1,569
wukan wrote:
tandich wrote:
How does one immunise their investments, even if partially, from the impending gloom?


The malaise can go on for a long time. Haiti has been at it for 200 years, Argentina has been on burst burst cycles for 50+ years.

The last time GoK did a similar binge on infrastructure was around 1920-1927. The economy never recovered from the debt binge until the 2nd world war. It took the Swynnerton Plan to fundamentally restructure the economy to get things going again.

In between Happy valley manenos happened which was the equivalent of current parte after parte. Bro Enjoy life, plan for retirement-investments wachia wajukuu

Everything ultimately rises and falls on leadership. Britain was on the malaise in 1960's and 1970's till Margaret Thatcher came and took the hard bold decisions.

If you look at the current kenyan leadership no one has the brains or balls to get us out of the quagmire. So for now let's continue with parte after parte



Fitch agrees with my position. It's a long ride folks

Quote:
Kenya will need almost a decade to tame runaway debt as the country is expected to borrow Sh9 trillion by 2024.

Rating agency Fitch says the general government debt-to-GDP ratio will continue increasing through 2022 to 64.8 per cent before easing gradually to 60.5 per cent by 2028.

“Our projections are less optimistic than that (those) of the government, which sees debt stabilising in 2020 and falling to 54 per cent by 2024. General government debt reached 61.3 per cent of GDP at end-2019,” Fitch said in a rating update on December 10.
https://www.businessdail...88236-xk10xz/index.html
Monk
#2404 Posted : Friday, December 27, 2019 9:51:25 AM
Rank: Member


Joined: 7/1/2009
Posts: 247
https://www.businessdail...6546-sfxdugz/index.html

All those insisting the economy is growing, how do you explain this?
Angelica _ann
#2405 Posted : Friday, December 27, 2019 9:54:35 AM
Rank: Elder


Joined: 12/7/2012
Posts: 11,901
Monk wrote:
https://www.businessdailyafrica.com/economy/Low-spending-hurts-Christmas-stores-sales/3946234-5396546-sfxdugz/index.html

All those insisting the economy is growing, how do you explain this?


Sensational stories without data to support such claims.
In the business world, everyone is paid in two coins - cash and experience. Take the experience first; the cash will come later - H Geneen
Ericsson
#2406 Posted : Friday, December 27, 2019 10:41:32 AM
Rank: Elder


Joined: 12/4/2009
Posts: 10,639
Location: NAIROBI
SGR first principal payment is due in January 2020.
Amount ksh.35Bn
Wealth is built through a relatively simple equation
Wealth=Income + Investments - Lifestyle
Angelica _ann
#2407 Posted : Friday, December 27, 2019 11:04:46 AM
Rank: Elder


Joined: 12/7/2012
Posts: 11,901
Ericsson wrote:
SGR first principal payment is due in January 2020.
Amount ksh.35Bn


Hii iko kwa budget.
In the business world, everyone is paid in two coins - cash and experience. Take the experience first; the cash will come later - H Geneen
Swenani
#2408 Posted : Friday, December 27, 2019 11:44:02 AM
Rank: User


Joined: 8/15/2013
Posts: 13,236
Location: Vacuum
Monk wrote:
https://www.businessdailyafrica.com/economy/Low-spending-hurts-Christmas-stores-sales/3946234-5396546-sfxdugz/index.html

All those insisting the economy is growing, how do you explain this?


The economy is growing. The low spending is coz majority of Kenyans are better off and are spending their holidays in exotic places and shopping their as well.
If Obiero did it, Who Am I?
maka
#2409 Posted : Friday, December 27, 2019 12:06:27 PM
Rank: Elder


Joined: 4/22/2010
Posts: 11,522
Location: Nairobi
Angelica _ann wrote:
Ericsson wrote:
SGR first principal payment is due in January 2020.
Amount ksh.35Bn


Hii iko kwa budget.


Did you check how the last T- Bills performed?
possunt quia posse videntur
Monk
#2410 Posted : Friday, December 27, 2019 1:18:15 PM
Rank: Member


Joined: 7/1/2009
Posts: 247
Angelica _ann wrote:
[quote=Monk]https://www.businessdailyafrica.com/economy/Low-spending-hurts-Christmas-stores-sales/3946234-5396546-sfxdugz/index.html

All those insisting the economy is growing, how do you explain this?


Sensational stories without data to support such claims. [/quote

Feedback from most business people I know, corporate financial results, and sources like CBK and KRA, vs politically sanctioned KNBS data, take your pick. Speaking as a business person, I'm forced to be more cautious as default rate even on day to day business transactions gets higher. Ignore these signs at your own peril.
Ericsson
#2411 Posted : Friday, December 27, 2019 7:14:00 PM
Rank: Elder


Joined: 12/4/2009
Posts: 10,639
Location: NAIROBI
https://www.bloomberg.co...e-of-ipos-regulator-says
Wealth is built through a relatively simple equation
Wealth=Income + Investments - Lifestyle
newfarer
#2412 Posted : Saturday, December 28, 2019 10:38:30 PM
Rank: Elder


Joined: 3/19/2010
Posts: 3,504
Location: Uganda
Angelica _ann wrote:
Monk wrote:
https://www.businessdailyafrica.com/economy/Low-spending-hurts-Christmas-stores-sales/3946234-5396546-sfxdugz/index.html

All those insisting the economy is growing, how do you explain this?


Sensational stories without data to support such claims.

There is no sensational reporting here. For more data talk to the quoted sources .Dan githua of tuskys isn't a source you can ignore being a CEO of a leading supermarket he has all the customer data he needs to make his claims
punda amecheka
Ericsson
#2413 Posted : Monday, December 30, 2019 9:08:50 AM
Rank: Elder


Joined: 12/4/2009
Posts: 10,639
Location: NAIROBI
https://www.nation.co.ke...92790-exlhg1z/index.html
Wealth is built through a relatively simple equation
Wealth=Income + Investments - Lifestyle
Ericsson
#2414 Posted : Monday, December 30, 2019 9:09:53 AM
Rank: Elder


Joined: 12/4/2009
Posts: 10,639
Location: NAIROBI
https://www.nation.co.ke...00910-ufoi3lz/index.html
Wealth is built through a relatively simple equation
Wealth=Income + Investments - Lifestyle
Ericsson
#2415 Posted : Monday, December 30, 2019 9:15:25 AM
Rank: Elder


Joined: 12/4/2009
Posts: 10,639
Location: NAIROBI
https://twitter.com/Robe...atus/1211520546040496128
Wealth is built through a relatively simple equation
Wealth=Income + Investments - Lifestyle
Ericsson
#2416 Posted : Tuesday, December 31, 2019 6:06:27 PM
Rank: Elder


Joined: 12/4/2009
Posts: 10,639
Location: NAIROBI
https://af.reuters.com/a...kenyaNews/idAFS8N1H502P

GDP growth slows to 3.8%
Wealth is built through a relatively simple equation
Wealth=Income + Investments - Lifestyle
Extraterrestrial
#2417 Posted : Tuesday, December 31, 2019 10:25:49 PM
Rank: Member


Joined: 11/17/2018
Posts: 173
Location: Mars
Ericsson wrote:
https://af.reuters.com/article/kenyaNews/idAFS8N1H502P

GDP growth slows to 3.8%


https://af.reuters.com/a.../kenyaNews/idAFL8N295191
Ericsson
#2418 Posted : Wednesday, January 01, 2020 11:00:08 AM
Rank: Elder


Joined: 12/4/2009
Posts: 10,639
Location: NAIROBI
https://www.nation.co.ke...403626-mxs1wi/index.html
Wealth is built through a relatively simple equation
Wealth=Income + Investments - Lifestyle
Ebenyo
#2419 Posted : Wednesday, January 01, 2020 4:00:15 PM
Rank: Veteran


Joined: 4/4/2016
Posts: 1,996
Location: Kitale
Ericsson wrote:
https://www.nation.co.ke/news/Broke-Kenyans-hope-for-better-fortunes-in-2020/1056-5403626-mxs1wi/index.html




Wakuje NSE hii mwaka.
Towards the goal of financial freedom
kawi254
#2420 Posted : Thursday, January 02, 2020 1:23:34 AM
Rank: Member


Joined: 2/20/2015
Posts: 465
Location: Nairobi
A locust invasion was flagged months ago by FAO in Ethiopia then Somalia and now is in Northern Kenya. Why is GoK seemingly unbothered & unprepared with this oncoming train smash?

Interestingly in June 2019 The Desert Locusts Control Organisation for East Africa was spraying Quelea birds wrecking havoc on Narok wheat farms.
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