Pundit What Does This Mean?

[Omollo]

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Please interpret it for me, kindly bro. You know I am not one to over engage in mercantile issues. You on the other hand regal us with stories of jubilee's successes to the extent of suggesting that Jubilee is God's gift to business in Kenya:

[RV Pundit]

The economy is healthy. This the return to normal for banks. They are all profitable. Nobody is making super-normal profit.

Maths is very hard. Only one single company there that was profitable made a loss. The rest made some huge profits. Just not 20-50% growth which is absurd.

Jubilee enforcing interest capping for first time ever is bold policy experimentation and the sky is not falling. Let us how it goes...maybe banks will innovate rather than waiting to lazily make super-normal profits.

[Omollo]

I seem to see a number of them making huge losses. And why are they all making less profit than last year? Is it all because of interest rates caps? I thought some of the companies would actually benefit from lower interest rates (as occasioned by the cap?).

Why do you think all the companies listed above are banks?$

The economy is healthy. This the return to normal for banks. They are all profitable. Nobody is making super-normal profit.

Maths is very hard. Only one single company there that was profitable made a loss. The rest made some huge profits. Just not 20-50% growth which is absurd.

Jubilee enforcing interest capping for first time ever is bold policy experimentation and the sky is not falling. Let us how it goes...maybe banks will innovate rather than waiting to lazily make super-normal profits.

[RV Pundit]

Majority in the red are banks. None made any losses. They are just making less profit. Obviously the capping mean more money on pocket of customers and less for shareholders. Now people are paying way less and are happier. We only need to watch out for days banks will not make any profit. It still some years to get there. So no need to rush lifting of capping.

Otherwise the real indicator of economy health is GDP  - which grew 6% and set to grow about that level.

I seem to see a number of them making huge losses. And why are they all making less profit than last year? Is it all because of interest rates caps? I thought some of the companies would actually benefit from lower interest rates (as occasioned by the cap?).

Why do you think all the companies listed above are banks?$