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Author Topic: kenya banksters milking kenyans dry - Central Bank and Kenya gov has failed  (Read 1010 times)

Offline RV Pundit

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kenya banksters milking kenyans dry - Central Bank and Kenya gov has failed
« on: April 24, 2023, 02:59:09 PM »
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Offline sema

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Re: kenya banksters milking kenyans dry - Central Bank and Kenya gov has failed
« Reply #1 on: April 24, 2023, 07:03:57 PM »
Edwin Dande would like to get in on the action, but he is not connected.

Anyway, what is stifling the capital markets?

Offline gout

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Re: kenya banksters milking kenyans dry - Central Bank and Kenya gov has failed
« Reply #2 on: April 25, 2023, 12:51:18 PM »
Paying billions in dividends but are getting advances from CBK from which they go on to make a kiling from Kenyans addicted to consumption loans. Madness.



https://www.businessdailyafrica.com/bd/economy/cbk-loans-to-banks-up-on-liquidity-crunch--4211310
Government, even in its best state, is but a necessary evil; in its worst state, an intolerable one ~ Thomas Paine

Offline hk

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Re: kenya banksters milking kenyans dry - Central Bank and Kenya gov has failed
« Reply #3 on: April 26, 2023, 08:05:20 AM »
Interbank rates keep on rising now up to 9% https://www.centralbank.go.ke/rates/interbank-rates/ , clearly there's a liquidity problem. The repo rate is shutdown no wonder banks and pensions dont want to hold long term debt.

Offline RV Pundit

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Re: kenya banksters milking kenyans dry - Central Bank and Kenya gov has failed
« Reply #4 on: April 26, 2023, 10:33:42 AM »
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