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Forum => Kenya Discussion => Topic started by: RV Pundit on June 29, 2022, 03:11:14 PM

Title: Nairobi smes kaput
Post by: RV Pundit on June 29, 2022, 03:11:14 PM
I dropped my wife to shopping center near my place..of the 30 shops 1/2 closed..  the entire 1st floor a kinyozi closed ...same pattern elsewhere..only ground floor sustained by foot traffic have survived the COVID then Ukraine blowout.It appears to be getting more n more desperate..I didn't notice this few months ago..now it very clear
Title: Re: Nairobi smes kaput
Post by: RV Pundit on June 29, 2022, 03:19:17 PM
4 mpesa shop nobody has float to take my money.I think economy is few months from collapsing
Title: Re: Nairobi smes kaput
Post by: RV Pundit on June 29, 2022, 03:20:00 PM
Bars I have observed same thing.. barely anyone in any bar
Title: Re: Nairobi smes kaput
Post by: sema on June 29, 2022, 04:17:25 PM
Bars I have observed same thing.. barely anyone in any bar

wow..bars?!! Lets forget the tribal politics/mathematics for a while. What happened? and what would a collapse look like for the average kenyan?

This is the danger that so many 3rd world countries face. They are so fragile that a regime can undo gains or screw it up in as little as 10 years.
Title: Re: Nairobi smes kaput
Post by: RV Pundit on June 29, 2022, 05:10:33 PM
It's that bad.I am in bar now..very popular one..no people
Title: Re: Nairobi smes kaput
Post by: KenyanPlato on June 29, 2022, 08:24:29 PM
why are drinking during the day? Bure kabisa wewe
Title: Re: Nairobi smes kaput
Post by: RV Pundit on June 29, 2022, 08:56:35 PM
Niko holiday...still no people in bar
Title: Re: Nairobi smes kaput
Post by: Nefertiti on June 30, 2022, 08:05:21 AM
There are economic riots in Ghana i saw on Al Jazeera. 3rd world will suffer in the new Cold War US vs China. Looking at the pressers at G7 and NATO it's going to be tough for years. No detente in sight.
Title: Re: Nairobi smes kaput
Post by: patel on June 30, 2022, 10:12:52 AM
Things are really bad out here. Never seen it this bad. People have no money and cost of fuel has pushed commodities price up. Imagine as a landlord feeding your tenants who owe you 5 month rent....ni kubaya boss.
Title: Re: Nairobi smes kaput
Post by: RV Pundit on June 30, 2022, 11:11:03 AM
Yes it terrible. Something need to be done urgently.
Things are really bad out here. Never seen it this bad. People have no money and cost of fuel has pushed commodities price up. Imagine as a landlord feeding your tenants who owe you 5 month rent....ni kubaya boss.
Title: Re: Nairobi smes kaput
Post by: KenyanPlato on June 30, 2022, 11:13:26 AM
China zero covid policy is fucking the supply chain big time. the oil crises is similar to the crises during peak oil in 1970s. next year a severe global recession will hit. it will take at least 3 years to get out of it. Kenya will see slowed economic growth for at least 2 decades
 jubilee has fucked the economy for a lifetime
 I am actually looking for a way to sell my property in kenya and exit that market for good. my kids will never live in that hell so why should I keep property there



Title: Re: Nairobi smes kaput
Post by: Nowayhaha on June 30, 2022, 11:26:17 AM

Whats the property and where is it ?

China zero covid policy is fucking the supply chain big time. the oil crises is similar to the crises during peak oil in 1970s. next year a severe global recession will hit. it will take at least 3 years to get out of it. Kenya will see slowed economic growth for at least 2 decades
 jubilee has fucked the economy for a lifetime
 I am actually looking for a way to sell my property in kenya and exit that market for good. my kids will never live in that hell so why should I keep property there
Title: Re: Nairobi smes kaput
Post by: sema on June 30, 2022, 09:46:04 PM
Quote
Kenya will see slowed economic growth for at least 2 decades

why are you saying 2 decades? what's the analysis behind this conclusion

I agree with you on selling your property. Get the cash and buy in America. Africa is a write off for us (it wont change during the course of our lives)
Title: Re: Nairobi smes kaput
Post by: KenyanPlato on June 30, 2022, 10:59:45 PM
Quote
Kenya will see slowed economic growth for at least 2 decades

why are you saying 2 decades? what's the analysis behind this conclusion

I agree with you on selling your property. Get the cash and buy in America. Africa is a write off for us (it wont change during the course of our lives)

one decade of reorganizing debt. the next to try to grow the economy using reforms. the  next 10 years will be kenya just experiencing shocks coming from Asia and Europe..
Title: Re: Nairobi smes kaput
Post by: RV Heavy Hitter! on June 30, 2022, 11:37:21 PM
Kenya's economy can be turned around in 3 years with Ruto's focused leadership and 6 to 10 pm around-the-clock management of the economy. Further, building and maintaining institutions and three arms of government institutions will assist the economy take off from state capture and so many brokers putting thumbs on the scale. Free marketplace and Kenya's economy will thrive! Blaming Russia and China is BS. Uhuru just sold Kenyan ports for massive kickbacks; that, my friends, is an example of what kills the economy!
Title: Re: Nairobi smes kaput
Post by: sema on July 01, 2022, 05:26:52 AM
Quote
Uhuru just sold Kenyan ports for massive kickbacks; that, my friends, is an example of what kills the economy!

were these ports actually sold and does the UAE actually own them?
Title: Re: Nairobi smes kaput
Post by: RV Heavy Hitter! on July 01, 2022, 06:14:27 AM
Quote
Uhuru just sold Kenyan ports for massive kickbacks; that, my friends, is an example of what kills the economy!

were these ports actually sold and does the UAE actually own them?
They may not own the actual port, but most operations. Ports and other strategic assets like airport should be locally managed, scrutinized, and operated!
Title: Re: Nairobi smes kaput
Post by: RV Kirgit on July 01, 2022, 06:33:29 AM
China zero covid policy is fucking the supply chain big time. the oil crises is similar to the crises during peak oil in 1970s. next year a severe global recession will hit. it will take at least 3 years to get out of it. Kenya will see slowed economic growth for at least 2 decades
 jubilee has fucked the economy for a lifetime
 I am actually looking for a way to sell my property in kenya and exit that market for good. my kids will never live in that hell so why should I keep property there

You use to support zero covid acouple months ago and ask why kenya is not doing the same.

Did you stop trusting science lol

WHO, UN, WEF are decimating human activity and business to bring net zero carbon under 2030 agenda.

https://www.youtube.com/watch?app=desktop&v=2xgB1ep7Iog

I once told pundit kids would be watching mau  on viusasa metaverse if the elite complete so called reset

Flights are also get grounded in gigantic numbers

https://www.cnn.com/2022/06/27/business/flight-cancellations-sunday-monday/index.html
Title: Re: Nairobi smes kaput
Post by: gout on July 01, 2022, 11:38:50 AM
Fixing small poor economy like Kenya's require common sense approach - you unlock one area the multiplier effect is felt close the board.

Messing it also takes similar path.

For instance at a glance you cannot point to one magical thing Kibaki really did to unlock the economy or what ufool has done to kill the economy.

A few right steps or missteps you are headed to paradise or to hell.

With everyone in agreement that we have no option but to fix our economy, it shall be done.

Fixing food can be done in six months, with good rains and fertilizer as investments are made into land redistribution and grand irrigation. Cheap food means more disposable income circulating in the economy.

Housing - we have 12 million households. 90% rural households all own houses. Two approaches either massively invest in current towns or invest in rural areas. With basic infrastructure - water, electricity and INTERNET, many digital workers can live anywhere in Kenya. ICT can easily employ 2 million youngings doing online gigs. As TVETs and land goes to those who have not been to schools.
Title: Re: Nairobi smes kaput
Post by: RV Pundit on July 01, 2022, 12:01:56 PM
Yes also now converted into Ndii economy versus development. I think hardware as good as it is - without software - it useless. Uhuru has messed up the software - now his expressway has no traffic - SGR they have to force people to use it.

Something is broken - we need to change focus - from development to economy.

Fixing small poor economy like Kenya's require common sense approach - you unlock one area the multiplier effect is felt close the board.

Messing it also takes similar path.

For instance at a glance you cannot point to one magical thing Kibaki really did to unlock the economy or what ufool has done to kill the economy.

A few right steps or missteps you are headed to paradise or to hell.

With everyone in agreement that we have no option but to fix our economy, it shall be done.

Fixing food can be done in six months, with good rains and fertilizer as investments are made into land redistribution and grand irrigation. Cheap food means more disposable income circulating in the economy.

Housing - we have 12 million households. 90% rural households all own houses. Two approaches either massively invest in current towns or invest in rural areas. With basic infrastructure - water, electricity and INTERNET, many digital workers can live anywhere in Kenya. ICT can easily employ 2 million youngings doing online gigs. As TVETs and land goes to those who have not been to schools.