Business & Economy thread

[Dhuks]

Originally Posted by Rain Drops

you can do that..you dont need a union nor a federation for that eg NAFTA treaty does that just fine. Not everything needs to be politicised.

Cross the federation bridge wen we reach there.

[Rain Drops]

Originally Posted by Dhuks

Cross the federation bridge wen we reach there.

I just dont get why most kenyans( certainly I'm not generalising, its a fact) want a federation so much..i thought you cared about trade?? having a federation doesnt sound so trading to me.

[jogoo2003]

Originally Posted by Rain Drops

I just dont get why most kenyans( certainly I'm not generalising, its a fact) want a federation so much..i thought you cared about trade?? having a federation doesnt sound so trading to me.

count me out and gone on the EAC thing...am vehemently opposed to lets say having a common currency..and yet the leaders who seem utterly disconnected from the reality on the ground keep pushing for something that aint going to work.

[abckris]

Originally Posted by Rain Drops

Incase you dont know, I'm not a big fan of EAC so this retaliation stuff will eventually mean EAC is dissolved which is want i want. I dont like the EAC, the countries are too different, we have different economic prospectives, different politics, different cultures and different problems etc etc so EAC is doomed to fail anyway. Plus, EAC institutions like the EAC court and commission are weak hence failure.

Please note, I'm not against trade, we can trade and do all of that but we dont have to be in the union for that to happen, we can sign treaties and be bound by them and we can trade prosperously, for example, Japan has a treaty with USA, so does South Korea and Mexico and Canada( NAFTA), this doesnt mean that the countries desire some kind of union or federation like most in EAC advocate for..they are trading just fine and thats I want to see in East Africa.

One more thing, even when we are 5, we cant get things done and yet people are calling for more nations to join like South Sudan due to their own national interests..that is just ridicolous.

I think bigger is better in the real scheme of things like trade and development. Check US history and where they started. They had that vision long time ago, The EU saw it but member states were skeptical then later decided to pursue it. We don't have to do it their way but so many people cannot be wrong (this may be philosophical). Nobody ever wants anything out of their comfort zone but it might just take us time to resettle but when you think of 100 years to come it makes more sense to unite.

[Rain Drops]

Originally Posted by jogoo2003

count me out and gone on the EAC thing...am vehemently opposed to lets say having a common currency..and yet the leaders who seem utterly disconnected from the reality on the ground keep pushing for something that aint going to work.

you are one of the very who have reasoned that way and same as me. EAC is a sham. Let it dissolve now!

[Rain Drops]

Originally Posted by abckris

I think bigger is better in the real scheme of things like trade and development. Check US history and where they started. They had that vision long time ago, The EU saw it but member states were skeptical then later decided to pursue it. We don't have to do it their way but so many people cannot be wrong (this may be philosophical). Nobody ever wants anything out of their comfort zone but it might just take us time to resettle but when you think of 100 years to come it makes more sense to unite.

bigger is not always better, you need to note that first..bigger means bigger administrative costs, unforeseable problems etc.

EU commission started as a necessity they had no option but to pull together after ww2 which isnt the case as EAC.

Unite? we Tanzanians even have our own union problems( which is not surprising since most if not all unions face problems eg scotland-uk, quebec-canada) etc...so joining up EAC is gonna compile more problems than we already have.

[jogoo2003]

Originally Posted by Rain Drops

you are one of the very who have reasoned that way and same as me. EAC is a sham. Let it dissolve now!

spot on..its the leaders who are blind.when they pay each other state visits and shower themselves with praise,and when we hear them say,kwa mfano urafiki kati ya TZ na KE ni sawa..mimi kwangu binafsi upasuka na kicheko.mind you the same leaders own the biggest business enterprises hence they and their families benefit most.all we need to is create more awareness that 'hakuna urafiki kati ya raia wa inchi hizi mbili'.-something am already doing..kwa mfano mimeshaa tuma barua pepe kwa wizara mbali mbali kuwafahamisha vile mambo iko.EAC is a dream and waste of resources....

[jogoo2003]

WHY SHOULD OUR PEPO UP NORTH BE SUFFERING WHILE TECHNOLOGY IS AVAILABLE IN KENYA??

http://youtu.be/zaaPiU7tv9M

THAT RWANDESE FARMER IS SMART-i would like to order some of that banana wine and stock my frige full.

MY HAT OFF TO THE KTN HOST..FROM UGANDA

[jogoo2003]

The 25 Most Miserable Places In The World

Lisa Mahapatra|Feb. 20, 2013, 5:24 PM|653,696|61
Mohamed Al-Sayaghi/Reuters

Protesters climb a fence surrounding the U.S. embassy in Sanaa September 13, 2012.
The misery index, a crude economic measure created by Arthur Orkum, sums a country's unemployment and inflation rates to assess conditions on the ground (the higher the number, the more miserable a country is).

The reasoning: Most citizens understand the pain of a high jobless rate and the soaring price of goods.

14. Senegal




Misery index score: 49.5

CPI inflation: 1.5%

Unemployment: 48%

Despite receiving a lot of foreign aid, Senegal suffers from an unreliable power supply, which has led to public protests and is in part the cause of high unemployment.

Source: CIA Factbook


13. Kenya





All rights are to Nuru International.

Misery index score: 50.1


CPI inflation: 10.1%

Unemployment: 40%

Reliance on a few specific primary goods which prices remained low and corruption have been holding Kenya's economy back. Unemployment has historically been very high and remains so. However, oil was discovered in Kenya in March 2012, which might help revive its sagging economy.


Source: CIA Factbook


12. Lesotho

SOME STUPID .....STUFF.......KENYA IS MORE MISERABLE THAN SOMALIA??? WTF are we doing in Kismayu????Am sure celebrations and beer drinking has begun

[èđđeůx]

Nakumatt opens 40th branch in Thika
http://www.capitalfm.co.ke/business/...anch-in-thika/

Nakumatt Holdings says it has attained its midterm corporate expansion goal, with the opening of its 40th branch in Thika town.

The opening of the Sh300 million Nakumatt Thika town supermarket comes barely a week to the close of the retailer’s financial calendar at the end of this month.

As part of its regional expansion plans, Nakumatt Holdings has two years ago announced its midterm corporate expansion goal geared at opening 40 branches by the close of it’s 2012/13 Financial Year.

The opening of Nakumatt Thika Town supermarket comes hot on the heels of Nakumatt Thika Road Supermarket commissioned just a week ago.

To celebrate the 40th branch milestone, shoppers at both Nakumatt Thika Town and Nakumatt Thika Road Supermarkets will enjoy attractive price discounts on a variety of products including the retailers recently launched private label line- Nakumatt Blue Label.

Resurging economies buoy port performance
http://www.standardmedia.co.ke/?arti...rt-performance

The port of Mombasa has recorded a huge growth in cargo following the resurgence of the regions economies, officials have announced.

Kenya Ports Authority (KPA) management says that the port recorded 21.92 million metric tonnes last year compared to 19.95 million tonnes in the previous year.

Imports grew by 10.6 per cent, posting 18.73 million tons last year, from 16.9 million tons in 2011. This accounts for a dominant traffic share of 85.5 per cent of the total throughput reflecting a huge imbalance of trade.