Author Topic: There goes my building plans  (Read 1903 times)

Offline Georgesoros

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There goes my building plans
« on: January 31, 2024, 10:51:22 PM »
 :o :o

CEMENT 1000 shillings?

Offline patel

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Re: There goes my building plans
« Reply #1 on: January 31, 2024, 11:10:44 PM »
Planning for major project in kenya can be a nightmare. Sourcing for quality and reliable suppliers is a headache. Price fluctuations will leave a big dent in your bank account. Few months ago cement was ksh 540 now I would not be surprised if it's ksh 1000..Check the steel prices, you will cry my friend.

Offline Kadudu

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Re: There goes my building plans
« Reply #2 on: February 01, 2024, 11:42:43 AM »
Blame it on the fall of  the Ksh. The Ksh was for years around 100 to 105 to the US$. Now we are headed to over 160. No end in sight. I recall a few months back when the Ksh had hit 120 to the US$. People out of kenya were excited and sent  lot of cash to Kenya thinking the Ksh had hit rock bottom. Kumbe bado mpaka leo. I think it will stabilise between 180 to 200.

Offline KenyanPlato

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Re: There goes my building plans
« Reply #3 on: February 01, 2024, 01:09:44 PM »
Why would you build in that cesspit

Offline patel

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Re: There goes my building plans
« Reply #4 on: February 01, 2024, 04:47:29 PM »
Blame it on the fall of  the Ksh. The Ksh was for years around 100 to 105 to the US$. Now we are headed to over 160. No end in sight. I recall a few months back when the Ksh had hit 120 to the US$. People out of kenya were excited and sent  lot of cash to Kenya thinking the Ksh had hit rock bottom. Kumbe bado mpaka leo. I think it will stabilise between 180 to 200.
I would encourage those building to fight through it especially now exchange rate multiplier effect is on your side. Construction material suppliers are betting on government housing which I highly doubt will take off.

Offline patel

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Re: There goes my building plans
« Reply #5 on: February 01, 2024, 04:48:13 PM »
Why would you build in that cesspit
Because it's home.

Offline Georgesoros

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Re: There goes my building plans
« Reply #6 on: February 01, 2024, 06:30:24 PM »
Why would you build in that cesspit
Because it's home.

Yap.
It is like having a disfunctional family. THey are still family.

Offline gout

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Re: There goes my building plans
« Reply #7 on: February 02, 2024, 02:55:05 PM »
We export steel and cement.

Blame it on the fall of  the Ksh. The Ksh was for years around 100 to 105 to the US$. Now we are headed to over 160. No end in sight. I recall a few months back when the Ksh had hit 120 to the US$. People out of kenya were excited and sent  lot of cash to Kenya thinking the Ksh had hit rock bottom. Kumbe bado mpaka leo. I think it will stabilise between 180 to 200.
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: There goes my building plans
« Reply #8 on: February 02, 2024, 06:09:25 PM »
We export steel and cement.

Blame it on the fall of  the Ksh. The Ksh was for years around 100 to 105 to the US$. Now we are headed to over 160. No end in sight. I recall a few months back when the Ksh had hit 120 to the US$. People out of kenya were excited and sent  lot of cash to Kenya thinking the Ksh had hit rock bottom. Kumbe bado mpaka leo. I think it will stabilise between 180 to 200.
Why are we exporting steel and cement?  Ruto should be investing money in these two industries rather than chasing housing wind.