Nipate

Forum => Kenya Discussion => Topic started by: KenyanPlato on January 19, 2024, 12:49:35 PM

Title: Ruto should be told that he cant rig the market
Post by: KenyanPlato on January 19, 2024, 12:49:35 PM
https://www.citizen.digital/business/kenya-to-exit-g2g-oil-deal-admits-failure-to-fix-unstable-shilling-dollar-rate-n335091
Title: Re: Ruto should be told that he cant rig the market
Post by: Kadudu on January 19, 2024, 01:49:23 PM
It was bound to fail from day one. Our problem in Kenya is our planers come out with ideas that will mainly line their pockets. They do not have the nation at heart.
Title: Re: Ruto should be told that he cant rig the market
Post by: KenyanPlato on January 19, 2024, 02:08:49 PM
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Title: Re: Ruto should be told that he cant rig the market
Post by: Githunguri on January 19, 2024, 03:23:52 PM
Title: Re: Ruto should be told that he cant rig the market
Post by: gout on January 19, 2024, 04:43:39 PM
Which Treasury is githeri media talking about? They extended the facility to December 2024.

IMF is the one worried about exposure to banks issuing the Letters of Credit.


https://www.imf.org/en/Publications/CR/Issues/2024/01/17/Kenya-2023-Article-IV-Consultation-Sixth-Reviews-Under-the-Extended-Fund-Facility-and-543889
Title: Re: Ruto should be told that he cant rig the market
Post by: patel on January 20, 2024, 01:18:10 AM
If they don't keep an eye on G2G deal it might take KCB down with it. I hear things are thick over there. Might be gasping for air. Sad part with high taxation the government has been unable to meet tax targets. Ballon payment due. I see no way out of default.