Comments on: Jimnah Mbaru’s Analysis of The Kenyan Economy http://www.kenyanentrepreneur.com/jimnah-mbarus-analysis-of-the-kenyan-economy "A black market is a free market operating against the wishes of the state." –Harry Browne. Fri, 30 Jul 2010 10:42:38 +0000 hourly 1 http://wordpress.org/?v=8456 By: Diggah http://www.kenyanentrepreneur.com/jimnah-mbarus-analysis-of-the-kenyan-economy#comment-105774 Diggah Fri, 12 Mar 2010 12:31:31 +0000 http://www.kenyanentrepreneur.com/?p=1311#comment-105774 Now now people, Take it easy on this Jimnah Mbaru fellow. I'm sure he's got a shitload of money already but getting more doesn't hurt, right? I am sure you'll all agree to that and i am also pretty certain that if any of you got a chance to write an article in a well-recognized paper or website, you'd try and infer that your line of expertise/business (bar the non-important ones)is critical to the economy of kenya and without it, they'd be dire consequences. So let's let the guy be already!!

Now now people, Take it easy on this Jimnah Mbaru fellow. I’m sure he’s got a shitload of money already but getting more doesn’t hurt, right? I am sure you’ll all agree to that and i am also pretty certain that if any of you got a chance to write an article in a well-recognized paper or website, you’d try and infer that your line of expertise/business (bar the non-important ones)is critical to the economy of kenya and without it, they’d be dire consequences. So let’s let the guy be already!!

]]> By: Annon http://www.kenyanentrepreneur.com/jimnah-mbarus-analysis-of-the-kenyan-economy#comment-98697 Annon Mon, 15 Dec 2008 18:17:31 +0000 http://www.kenyanentrepreneur.com/?p=1311#comment-98697 Did anyone see the article in bd africa? see here: http://www.bdafrica.com/index.php?option=com_content&task=view&id=11755&Itemid=5812 The current NSE chairman is telling people that this is a good time to buy because stocks are so cheap :mrgreen: These guys are just trying to make their commissions. When will kenyans wake-up and realize that? These brokers don't care whether you lose all your cash. They just want you to keep buying stocks so that they can keep charging you those astronomical commissions. These guys are not "warren buffett" types.

Did anyone see the article in bd africa?

see here: http://www.bdafrica.com/index......temid=5812

The current NSE chairman is telling people that this is a good time to buy because stocks are so cheap :mrgreen:

These guys are just trying to make their commissions. When will kenyans wake-up and realize that? These brokers don’t care whether you lose all your cash. They just want you to keep buying stocks so that they can keep charging you those astronomical commissions.

These guys are not “warren buffett” types.

]]> By: coldtusker http://www.kenyanentrepreneur.com/jimnah-mbarus-analysis-of-the-kenyan-economy#comment-98680 coldtusker Mon, 15 Dec 2008 15:56:50 +0000 http://www.kenyanentrepreneur.com/?p=1311#comment-98680 Maishniki: LOL :evil: ur right... it's pure self-interest! And short-term... I have argued in my blog that the solutions we should look for are long-term... www.coldtusker.blogspot.com Tourism - KQ has a better idea than most about 'future' tourism since they carry a large % of 'leisure' travellers to Kenya from Europe and N.America...

Maishniki: LOL :evil: ur right… it’s pure self-interest! And short-term… I have argued in my blog that the solutions we should look for are long-term…

http://www.coldtusker.blogspot.com

Tourism – KQ has a better idea than most about ‘future’ tourism since they carry a large % of ‘leisure’ travellers to Kenya from Europe and N.America…

]]> By: PKW http://www.kenyanentrepreneur.com/jimnah-mbarus-analysis-of-the-kenyan-economy#comment-98657 PKW Mon, 15 Dec 2008 12:02:45 +0000 http://www.kenyanentrepreneur.com/?p=1311#comment-98657 If by tourism you guys mean tourism from the international community; blame the global financial crisis.

If by tourism you guys mean tourism from the international community; blame the global financial crisis.

]]> By: noni http://www.kenyanentrepreneur.com/jimnah-mbarus-analysis-of-the-kenyan-economy#comment-98645 noni Mon, 15 Dec 2008 08:36:55 +0000 http://www.kenyanentrepreneur.com/?p=1311#comment-98645 @coldtusker Tourism has hit hard because of PEV and there has never been a downturn in tourism like this experienced before but its picking up, and there is alot of business. Maybe not like in 2007 before the PEV but its coming back, just as any tour agent. KQ is speaking in terms of "may". Its projecting reduced traffic but I guess we have to wait to see if that happens. @KE Yes Mbaru is speaking for himself. He has his own interest in this.

@coldtusker

Tourism has hit hard because of PEV and there has never been a downturn in tourism like this experienced before but its picking up, and there is alot of business. Maybe not like in 2007 before the PEV but its coming back, just as any tour agent. KQ is speaking in terms of “may”. Its projecting reduced traffic but I guess we have to wait to see if that happens.

@KE
Yes Mbaru is speaking for himself. He has his own interest in this.

]]> By: KE http://www.kenyanentrepreneur.com/jimnah-mbarus-analysis-of-the-kenyan-economy#comment-98568 KE Sun, 14 Dec 2008 21:14:00 +0000 http://www.kenyanentrepreneur.com/?p=1311#comment-98568 Maishainki: That's a very good summary of the article. Mbaru is looking out for himself. He needs more IPO's and more bond floats so that his firm, Dyer & Blair, can continue to make it's commissions and charge those enormous fee's it's been charging the public.

Maishainki:

That’s a very good summary of the article.

Mbaru is looking out for himself. He needs more IPO’s and more bond floats so that his firm, Dyer & Blair, can continue to make it’s commissions and charge those enormous fee’s it’s been charging the public.

]]> By: Maishinski http://www.kenyanentrepreneur.com/jimnah-mbarus-analysis-of-the-kenyan-economy#comment-98561 Maishinski Sun, 14 Dec 2008 19:10:22 +0000 http://www.kenyanentrepreneur.com/?p=1311#comment-98561 For those who didnt read Jimnah Mbaru's "enlightening" article, I shall summarize it here as I understood it: Q. Economy is in the dooldrums, what to do? A. Issue a bond. :lol: Q. Looming recession, what to do? A. Issue a bond so we can build more toilets. :lol: Q. GoK is broke, what to do? A. hmmmm... an IPO? :twisted: Q. Is Kenya's economy in the dooldrums? A. No one knows. We can't measure the economy. :lol: Q. How do you know there's a looming recession? A. We had negative growth in the last 2 quarters. :?: Q. If you cant measure the economy, and you dont know if its in a recession, then why on earth are you calling for radical action? ... :shock: A. :evil: Look man, things are elephant. I..err the Goverment wants some commissions... oops budget cash man. NSSF scandal kitu gani? Have you seen those guys? They have money man! Look at GoK, all those billions in CBQ man and they cant take it! We need IPOs and Bonds and shares man. Forget long term. Think short term. Help my compa... help the economy! :evil:

For those who didnt read Jimnah Mbaru’s “enlightening” article, I shall summarize it here as I understood it:

Q. Economy is in the dooldrums, what to do?
A. Issue a bond. :lol:

Q. Looming recession, what to do?
A. Issue a bond so we can build more toilets. :lol:

Q. GoK is broke, what to do?
A. hmmmm… an IPO? :twisted:

Q. Is Kenya’s economy in the dooldrums?
A. No one knows. We can’t measure the economy. :lol:

Q. How do you know there’s a looming recession?
A. We had negative growth in the last 2 quarters. :?:

Q. If you cant measure the economy, and you dont know if its in a recession, then why on earth are you calling for radical action?
… :shock:
A. :evil: Look man, things are elephant. I..err the Goverment wants some commissions… oops budget cash man. NSSF scandal kitu gani? Have you seen those guys? They have money man! Look at GoK, all those billions in CBQ man and they cant take it! We need IPOs and Bonds and shares man. Forget long term. Think short term. Help my compa… help the economy! :evil:

]]> By: coldtusker http://www.kenyanentrepreneur.com/jimnah-mbarus-analysis-of-the-kenyan-economy#comment-98395 coldtusker Sat, 13 Dec 2008 18:04:29 +0000 http://www.kenyanentrepreneur.com/?p=1311#comment-98395 Tourism has slowed down. Ask KQ... KQ relies on advance bookings & they seen a drop in leisure travel. Hotels are 'over-booked' for the Xmas season but sustained tourism is needed all year round!

Tourism has slowed down. Ask KQ…

KQ relies on advance bookings & they seen a drop in leisure travel. Hotels are ‘over-booked’ for the Xmas season but sustained tourism is needed all year round!

]]> By: noni http://www.kenyanentrepreneur.com/jimnah-mbarus-analysis-of-the-kenyan-economy#comment-98338 noni Sat, 13 Dec 2008 10:05:25 +0000 http://www.kenyanentrepreneur.com/?p=1311#comment-98338 I don't think the Kenya economy will enter into a recession. It may slow down this year yes because of reduced productivity, inflation etc but will bounce back next year and 2010 -12. About inflation, it already easing up as fuel and food prices fall. About infrastructure spending, I see roads being built everywhere and still more projects on the works... What we need to do more is to open up more market, link comesa and sadc and make our industries more competitive so that they can compete at this huge market. Comesa itself has a market of about 400 M people. Since our products are basic commodities and our shilling has weakened against the dollar, they could make our products more competitive in the region. I think its all about turning this global financial challenge into an opportunity. I dont think tourism is slowing down. It may not be like 2007 but it has bounced back. Both foreigners and locals are touring the country. Hotels are overbooked especially at this season. I know I sound very optimistic, but I know am being also realistic.

I don’t think the Kenya economy will enter into a recession. It may slow down this year yes because of reduced productivity, inflation etc but will bounce back next year and 2010 -12. About inflation, it already easing up as fuel and food prices fall. About infrastructure spending, I see roads being built everywhere and still more projects on the works…

What we need to do more is to open up more market, link comesa and sadc and make our industries more competitive so that they can compete at this huge market. Comesa itself has a market of about 400 M people. Since our products are basic commodities and our shilling has weakened against the dollar, they could make our products more competitive in the region. I think its all about turning this global financial challenge into an opportunity.

I dont think tourism is slowing down. It may not be like 2007 but it has bounced back. Both foreigners and locals are touring the country. Hotels are overbooked especially at this season. I know I sound very optimistic, but I know am being also realistic.

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