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Author Topic: Ruto should be told that he cant rig the market  (Read 1671 times)

Offline KenyanPlato

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Ruto should be told that he cant rig the market
« 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

Offline Kadudu

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Re: Ruto should be told that he cant rig the market
« Reply #1 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.

Offline KenyanPlato

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Re: Ruto should be told that he cant rig the market
« Reply #2 on: January 19, 2024, 02:08:49 PM »
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Offline Githunguri

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  • EVERY KENYAN SHOULD HAVE A GUN.
Re: Ruto should be told that he cant rig the market
« Reply #3 on: January 19, 2024, 03:23:52 PM »

Online gout

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Re: Ruto should be told that he cant rig the market
« Reply #4 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
Government, even in its best state, is but a necessary evil; in its worst state, an intolerable one ~ Thomas Paine

Offline patel

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Re: Ruto should be told that he cant rig the market
« Reply #5 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.
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