Author Topic: Banking sector status  (Read 5293 times)

Offline hk

  • VIP
  • Enigma
  • *
  • Posts: 1407
  • Reputation: 16501
Re: Banking sector status
« Reply #20 on: April 03, 2017, 01:33:26 PM »
CBA are making money from M-shwari.
http://kenyanwallstreet.com/cba-group-reports-87-growth-earnings-driven-fees-m-shwari
This what I had suggest the banks to do about their mobile lending. Classify those as fee and commissions so that they can charge at higher rate. 

Offline Georgesoros

  • Moderator
  • Enigma
  • *
  • Posts: 4658
  • Reputation: 7043
Re: Banking sector status
« Reply #21 on: April 10, 2017, 06:23:01 PM »

Offline Empedocles

  • VIP
  • Enigma
  • *
  • Posts: 823
  • Reputation: 15758
Re: Banking sector status
« Reply #22 on: April 11, 2017, 11:32:33 AM »
I fully support this...
Gambling addiction is real.
http://www.the-star.co.ke/news/2017/04/10/uhuru-defends-50-increase-on-betting-taxes-says-state-open-to-talks_c1541294

I'd be honestly surprised if this 50% increase passes. The gambling firms have billions upon billions of shillings, all siphoned from poor starving Kenyans.

The thing is, the MP's know this, and they want a slice of the proceeds (remember Midiwo's bill? Just over a month ago, MP's were "encouraged" to reject it).

I'm not keeping my fingers crossed.

Offline gout

  • VIP
  • Enigma
  • *
  • Posts: 4193
  • Reputation: 1374
Re: Banking sector status
« Reply #23 on: April 11, 2017, 03:56:09 PM »
There is need to tax more likes of Mshwari, Sportpesa, Uber -  no other way to fund social services.
Government, even in its best state, is but a necessary evil; in its worst state, an intolerable one ~ Thomas Paine

Offline hk

  • VIP
  • Enigma
  • *
  • Posts: 1407
  • Reputation: 16501
Re: Banking sector status
« Reply #24 on: April 12, 2017, 10:53:31 AM »
KCB should have done everything in its power to win M-akiba secondary market deal. The volume is going to explode soon and providing liquidity is going to be a money minting operation.They lost out on Mshwari equity bank also and now they are scrambling to catch up. http://www.businessdailyafrica.com/markets/news/CBA-beats-KCB-to-mobile-phone-bond-trading-deal/3815534-3886684-fpl8re/index.html
Quote

Offline RV Pundit

  • Moderator
  • Enigma
  • *
  • Posts: 38334
  • Reputation: 1074446
Re: Banking sector status
« Reply #25 on: April 12, 2017, 11:46:14 AM »
yeah - if it does catches fire - and it will - with guaranteed liquidity - then it surely big coup by CBA - yet again.

Offline gout

  • VIP
  • Enigma
  • *
  • Posts: 4193
  • Reputation: 1374
Re: Banking sector status
« Reply #26 on: April 17, 2017, 11:22:28 AM »
is it the customers who need the push to embrace the digital banking or the brick and mortal bankers?

http://www.businessdailyafrica.com/corporate/StanChart-cuts-opening-hours-in-digital-banking-push/539550-3887732-o6e5w2/
Government, even in its best state, is but a necessary evil; in its worst state, an intolerable one ~ Thomas Paine

Offline Georgesoros

  • Moderator
  • Enigma
  • *
  • Posts: 4658
  • Reputation: 7043
Re: Banking sector status
« Reply #27 on: April 22, 2017, 03:41:16 PM »
KCB feeling the pinch and now this!!!!!!!!
Capping interest rates was bad law.

http://www.the-star.co.ke/news/2017/04/22/shelter-afrique-sinks-deeper-into-loss-on-increasing-bad-loans_c1547709