Wazua
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Rank: Elder Joined: 2/26/2012 Posts: 15,979
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"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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Rank: Elder Joined: 6/23/2009 Posts: 13,475 Location: nairobi
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mlennyma wrote:Horton wrote:Swenani wrote:Angelica _ann wrote:obiero wrote:Ericsson wrote:obiero wrote:jgithige wrote:KulaRaha wrote:TBH, this isn't really something to be proud of.  Former President Mzee Moi once said...There is no dignity in borrowing!! Plus the LIBOR is way below what we are offering hence the massive oversubscription. The two men will finish us @obiero So its 7.25% and 8.25% plus LIBOR No. The 7.25% is the effective rate per annum but LIBOR on USD borrowing which is the borrower currency stands at 2.4% p.a. It would be ideal for the borrowing to be rated 5% or lower as it is risk-free http://www.global-rates....-rates/libor/libor.aspx
We did well  despite the global rating downgrade, there was massive oversubscription.  So i guesss there will be a tax hike! π€¦πΎββοΈ investors know lending a country is a good bet Tax hike pap! Lending to a country is good for the European investors but nasty for Kenya. Look at the corporate results being announced. Literally no company save for just 3 tier one banks has recorded double digit profit growth. Over 10,000 jobs lost in the past two years alone.. Corruption fight while positive, shall further have collateral damage in the short term via slow issuance and/or payment of LPO works to avoid getting caught up in prosecution drama. The two men will finish us
HF 30,000 ABP 3.49; KQ 414,100 ABP 7.92; MTN 15,750 ABP 6.45
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Rank: Elder Joined: 6/23/2009 Posts: 13,475 Location: nairobi
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The first tax has arrived, more on the way https://citizentv.co.ke/...etrol-in-nairobi-211128/
HF 30,000 ABP 3.49; KQ 414,100 ABP 7.92; MTN 15,750 ABP 6.45
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Rank: Elder Joined: 6/23/2009 Posts: 13,475 Location: nairobi
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The first daily tax for all citizens has arrived, more on the way https://citizentv.co.ke/...etrol-in-nairobi-211128/
HF 30,000 ABP 3.49; KQ 414,100 ABP 7.92; MTN 15,750 ABP 6.45
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Rank: Elder Joined: 7/21/2010 Posts: 6,175 Location: nairobi
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[quote=obiero]The first daily tax for all citizens has arrived, more on the way https://citizentv.co.ke/...trol-in-nairobi-211128/[/quote] gava must be very broke and the barrel is heading north so the worst is yet to come "Don't let the fear of losing be greater than the excitement of winning."
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Rank: Elder Joined: 6/23/2009 Posts: 13,475 Location: nairobi
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mlennyma wrote:gava must be very broke and the barrel is heading north so the worst is yet to come Atleast KQ is hedging π
HF 30,000 ABP 3.49; KQ 414,100 ABP 7.92; MTN 15,750 ABP 6.45
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Rank: Elder Joined: 12/4/2009 Posts: 10,640 Location: NAIROBI
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[quote=obiero]The first tax has arrived, more on the way https://citizentv.co.ke/...trol-in-nairobi-211128/[/quote] Additional sh.380bn loan to be signed tomorrow. Hii nchi igawanywe kila mtu apewe share yake The two boys have rubbished all gains made between 2003 and 2013 Wealth is built through a relatively simple equation
Wealth=Income + Investments - Lifestyle
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Rank: Elder Joined: 12/4/2009 Posts: 10,640 Location: NAIROBI
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obiero wrote:mlennyma wrote:gava must be very broke and the barrel is heading north so the worst is yet to come Atleast KQ is hedging π If I was Mikosz I don't fuel kq planes in Kenya. I fuel them in Dubai or any other destination where fuel is cheaper Wealth is built through a relatively simple equation
Wealth=Income + Investments - Lifestyle
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Rank: Elder Joined: 6/23/2009 Posts: 13,475 Location: nairobi
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Ericsson wrote:obiero wrote:mlennyma wrote:gava must be very broke and the barrel is heading north so the worst is yet to come Atleast KQ is hedging π If I was Mikosz I don't fuel kq planes in Kenya. I fuel them in Dubai or any other destination where fuel is cheaper KQ does that on refuels from Asia or Europe. But obviously some major fuel expense will have to be done at its hub.. Noting majority of its connections are in Africa with some countries here not being worth the risk especially in terms of quality of the A1
HF 30,000 ABP 3.49; KQ 414,100 ABP 7.92; MTN 15,750 ABP 6.45
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Rank: Elder Joined: 7/21/2010 Posts: 6,175 Location: nairobi
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obiero wrote:mlennyma wrote:gava must be very broke and the barrel is heading north so the worst is yet to come Atleast KQ is hedging π I don't know which oil marketer can agree to hedge unless the fix it at 50% highier than the market price to try their luck "Don't let the fear of losing be greater than the excitement of winning."
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Rank: User Joined: 8/15/2013 Posts: 13,236 Location: Vacuum
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Swenani wrote:Horton wrote:obiero wrote:I actually never look at the fuel board at the petrol station. All I know is that the car needs fuel and it must be paid for.. But I will take more interest going forward Maybe a good thing: -Less cars on the roads= less emissions, less traffic Less accident,loss of revenue to KK and Total, impoverished VV, more money in PSV, more jobs opportunities for youths in PSV, less hospital bills, less road maintenance costs, less corruption and bribes in the roads maintenance sector, less traffic police officers on our roads, less bribes given by police officers, happy families, a prosperous country Grand Mulla is a wazuan If Obiero did it, Who Am I?
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Rank: Member Joined: 9/13/2006 Posts: 123
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Yes great idea. We can steal more, impoverish our people to the bone and pretend to be dealing with corruption and impunity. Useless kabisa!
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Rank: Elder Joined: 7/26/2007 Posts: 6,514
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Ericsson wrote:[quote=obiero]The first tax has arrived, more on the way https://citizentv.co.ke/...trol-in-nairobi-211128/[/quote] Additional sh.380bn loan to be signed tomorrow. Hii nchi igawanywe kila mtu apewe share yake The two boys have rubbished all gains made between 2003 and 2013 That's why boys shouldn't be running some businesses...let them stick to chickens and bars. Business opportunities are like buses,there's always another one coming
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Rank: Elder Joined: 12/4/2009 Posts: 10,640 Location: NAIROBI
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(Reuters) - Ghana may issue a 100-year $50 billion bond as part of a long-term industrialisation plan that aims to wean the West African country off aid, its president said during a meeting with Chinese President Xi Jinping. Wealth is built through a relatively simple equation
Wealth=Income + Investments - Lifestyle
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Rank: Elder Joined: 12/4/2009 Posts: 10,640 Location: NAIROBI
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https://www.kenyans.co.k...-petrol-stations-uganda
Kenyans in Busia County have now been forced to cross the border into Uganda to fuel their vehicles following the implementation of the 16 percent VAT on fuel products. A litre of super unleaded petrol retails at Ksh108 in Uganda compared to Kenyaβs new average of Ksh131. Motorist interviewed, shared their frustrations and disappointment on the new tax that sees them pay more for fuel. According to a Citizen TV reporter in Namilongo, Kenyan vehicles and motorcycles were spotted fueling at different petrol stations in Uganda on Monday Wealth is built through a relatively simple equation
Wealth=Income + Investments - Lifestyle
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Rank: Member Joined: 1/30/2011 Posts: 207
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A new powerful Treasury-based agency is set to take up vetting and approval of new public projects valued above Sh100 million to curb rampant wastage of billions of shillings of taxpayers cash. The draft Public Investment Management (PIM) guidelines propose a Public Investment Management Department to appraise all requests for funding based on quality and cost-effectiveness of intended projects. The Treasury says that the absence of a public investment management framework has opened room for shoddy projects finding their way into the budget, putting unnecessary distortion on funding plans. The department will be responsible for approving funding for new projects and also carrying out independent evaluations for medium, large and mega projects. The Treasury defines small projects as those costing less than Sh100 million while medium projects are those cost en Sh100 million and Sh500 million. All projects costing between half a billion and Sh1 billion will be classified as large while mega projects will be those valued above Sh1 billion. Kenya is currently grappling with public debt that has crossed the Sh5 trillion mark, most of it spent on projects whose costs were either highly inflated or whose economic benefit to the country has been questioned. knee-jerk reactions... π
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Rank: Elder Joined: 4/22/2010 Posts: 11,522 Location: Nairobi
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Ericsson wrote:obiero wrote:mlennyma wrote:gava must be very broke and the barrel is heading north so the worst is yet to come Atleast KQ is hedging π If I was Mikosz I don't fuel kq planes in Kenya. I fuel them in Dubai or any other destination where fuel is cheaper They can't fuel planes 100% outside Kenya... The maximum take off weight of an aircraft is decided by the manufacturer. You cannot exceed this weight. There has to be a balance of passenger weight, baggage weight, fuel, crew and their bags, and the weight of the aircraft. That's why manufacturers are looking at making aircrafts lighter so that airlines have a higher payload If you overfuel(if there is such a word) because it's cheap, you will compromise either the number of passengers you uplift or leave baggage behind. If you leave passengers you'll pay denied boarding compensation to those you offload. If you leave bags you'll pay for baggae delivery at the destination. Both of these will hurt the airlines reputation and brand plus the excessive costs.... possunt quia posse videntur
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Rank: Elder Joined: 12/4/2009 Posts: 10,640 Location: NAIROBI
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SGR phase 2B in limbo. End to end feasibility study for Mombasa to Kisumu to be done first Wealth is built through a relatively simple equation
Wealth=Income + Investments - Lifestyle
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Rank: Elder Joined: 12/7/2012 Posts: 11,901
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Ericsson wrote:(Reuters) - Ghana may issue a 100-year $50 billion bond as part of a long-term industrialisation plan that aims to wean the West African country off aid, its president said during a meeting with Chinese President Xi Jinping. @Maka I hope you buy this one  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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Rank: Member Joined: 2/20/2015 Posts: 465 Location: Nairobi
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At what price of fuel/litre before the tullow tankers to Mombasa start disappearing and Niger delta type illegal refineries come up?
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