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Exports were 25% of imports
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Mainat
#1 Posted : Sunday, July 07, 2013 5:38:49 PM
Rank: Veteran

Joined: 11/21/2006
Posts: 1,590
Just saw somewhere that Kenyans imported 4 times as much as they exported. Hope we cen dig that oil up pronto otherwise Ksh long-term view is not healthy
Sehemu ndio nyumba
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mwekez@ji
#2 Posted : Sunday, July 07, 2013 7:03:07 PM
Rank: Chief

Joined: 5/31/2011
Posts: 5,121
Sad
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mwekez@ji
#3 Posted : Sunday, July 07, 2013 7:05:17 PM
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Joined: 5/31/2011
Posts: 5,121
link?
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dunkang
#4 Posted : Sunday, July 07, 2013 7:42:03 PM
Rank: Elder

Joined: 6/2/2011
Posts: 4,824
Location: -1.2107, 36.8831
Mainat wrote:
Just saw somewhere that Kenyans imported 4 times as much as they exported. Hope we cen dig that oil up pronto otherwise Ksh long-term view is not healthy

Details???????
Breakdown of goods and cost both ways?????

I can guess most of the imports are 2nd hand Toyotas from Japan and China made phones!!!!!
Receive with simplicity everything that happens to you.” ― Rashi

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h2s
#5 Posted : Sunday, July 07, 2013 7:55:24 PM
Rank: Member

Joined: 7/20/2012
Posts: 141
Mainat wrote:
Just saw somewhere that Kenyans imported 4 times as much as they exported. Hope we cen dig that oil up pronto otherwise Ksh long-term view is not healthy

Indeed just go inside any supermarket and you can easily verify this. Very true and very very sad.
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h2s
#6 Posted : Sunday, July 07, 2013 8:00:14 PM
Rank: Member

Joined: 7/20/2012
Posts: 141
Our policies make it more attractive to be just an importer than a local producer. The local producer has to fulfill too many regulations while the importers need only to pay the duty and are able to sell.
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mwekez@ji
#7 Posted : Sunday, July 07, 2013 8:27:02 PM
Rank: Chief

Joined: 5/31/2011
Posts: 5,121
h2s wrote:
Our policies make it more attractive to be just an importer than a local producer. The local producer has to fulfill too many regulations while the importers need only to pay the duty and are able to sell.


Have you heard of restriction to import maize, sugar, ... jubilee have a strategy of promoting local production by creating appropriate environment. they want an economy that will export more
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murchr
#8 Posted : Sunday, July 07, 2013 8:54:57 PM
Rank: Elder

Joined: 2/26/2012
Posts: 15,980
I once stepped into Nakumatt to buy njugu and popcorn, as I was busy looking for local grain a lady doing the same was busy looking for imported stuff, then when i finally landed a pack - Kenyan made - she offered some free advice that the imported yellow maize is better because all of them pop but the Kenyan ones dont. I told her i'd rather support the Kenyan farmer and walked away.

Surely we shouldn't import some stuff
"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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dunkang
#9 Posted : Sunday, July 07, 2013 9:32:43 PM
Rank: Elder

Joined: 6/2/2011
Posts: 4,824
Location: -1.2107, 36.8831
h2s wrote:
Our policies make it more attractive to be just an importer than a local producer. The local producer has to fulfill too many regulations while the importers need only to pay the duty and are able to sell.

VERY TRUE!

I was once involved in a CVs evaluation case for some hydrogeological sub-consultancy work, where my seniors prefered a foreigner's 3 years (unverifiable) experience, to a Kenyan's 5 years easily verifiable experience.

Its high time we trust and empower our own products and professionals.
Receive with simplicity everything that happens to you.” ― Rashi

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mwekez@ji
#10 Posted : Sunday, July 07, 2013 9:41:49 PM
Rank: Chief

Joined: 5/31/2011
Posts: 5,121
dunkang wrote:
Mainat wrote:
Just saw somewhere that Kenyans imported 4 times as much as they exported. Hope we cen dig that oil up pronto otherwise Ksh long-term view is not healthy

Details???????
Breakdown of goods and cost both ways?????
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