Nipate
Forum => Kenya Discussion => Topic started by: Georgesoros on January 31, 2024, 10:51:22 PM
-
:o :o
CEMENT 1000 shillings?
-
Planning for major project in kenya can be a nightmare. Sourcing for quality and reliable suppliers is a headache. Price fluctuations will leave a big dent in your bank account. Few months ago cement was ksh 540 now I would not be surprised if it's ksh 1000..Check the steel prices, you will cry my friend.
-
Blame it on the fall of the Ksh. The Ksh was for years around 100 to 105 to the US$. Now we are headed to over 160. No end in sight. I recall a few months back when the Ksh had hit 120 to the US$. People out of kenya were excited and sent lot of cash to Kenya thinking the Ksh had hit rock bottom. Kumbe bado mpaka leo. I think it will stabilise between 180 to 200.
-
Why would you build in that cesspit
-
Blame it on the fall of the Ksh. The Ksh was for years around 100 to 105 to the US$. Now we are headed to over 160. No end in sight. I recall a few months back when the Ksh had hit 120 to the US$. People out of kenya were excited and sent lot of cash to Kenya thinking the Ksh had hit rock bottom. Kumbe bado mpaka leo. I think it will stabilise between 180 to 200.
I would encourage those building to fight through it especially now exchange rate multiplier effect is on your side. Construction material suppliers are betting on government housing which I highly doubt will take off.
-
Why would you build in that cesspit
Because it's home.
-
Why would you build in that cesspit
Because it's home.
Yap.
It is like having a disfunctional family. THey are still family.
-
We export steel and cement.
Blame it on the fall of the Ksh. The Ksh was for years around 100 to 105 to the US$. Now we are headed to over 160. No end in sight. I recall a few months back when the Ksh had hit 120 to the US$. People out of kenya were excited and sent lot of cash to Kenya thinking the Ksh had hit rock bottom. Kumbe bado mpaka leo. I think it will stabilise between 180 to 200.
-
We export steel and cement.
Blame it on the fall of the Ksh. The Ksh was for years around 100 to 105 to the US$. Now we are headed to over 160. No end in sight. I recall a few months back when the Ksh had hit 120 to the US$. People out of kenya were excited and sent lot of cash to Kenya thinking the Ksh had hit rock bottom. Kumbe bado mpaka leo. I think it will stabilise between 180 to 200.
Why are we exporting steel and cement? Ruto should be investing money in these two industries rather than chasing housing wind.