₦airaland Forum

The GFP ranking is only a guess,it's not something to depend on.They even state so!

No one,our military doesn't even reveal it's expenditure to the public!

68816419:
so who do u trust?

Who seriously trusts GFP ranking?

68816419:
like seriously?

Sportpesa FC!

Kazikazi:
Simba Sc

gallivant:
The *Suicide* Squad! 50th Martyr Division!!

AfCTA team at State House,Nairobi

President Kenyatta meets AU Technical Evaluation Team on AfCTA

President Uhuru Kenyatta today at State House, Nairobi met the African Union delegation which is in the country to evaluate Kenya’s bid to host the African Continental Free Trade Area (AfCTA) headquarters.

The AU Technical Evaluation Team was led by Amb Rosette Nyirinkindi Katungye.

The delegation earlier met Foreign Affairs CS Amb Monica Juma who briefed them on Kenya’s readiness to host the multilateral institution.

Kenyan's earning below 1500 dollars a month can now get more affordable mortgages.In some top top countries, mortgages are below five percent to even figures of below 2 or 1 percent.We are getting there!

We need more and more incentives to get Kenyans to almost an equilibrium society.We need to bridge the rich-poor gap!

Kenyans earning Sh150,000 and below per month are set to get house loans from local financial institutions at rates below 10 percent after the country launched its first secondary mortgage financier Thursday.

The Kenya Mortgage Refinance Company (KMRC), a Treasury-backed lender, is expected to cut the cost of home loans to single digit from the current market rate of about 13.5 percent.

President Uhuru Kenyatta Wednesday presided over the launch of KMRC, which is expected to help drive the State’s agenda of providing up to 500,000 cheap housing units by 2022.

Under the Jubilee administration’s mass housing drive, Kenyans who opt to buy their houses in Nairobi will qualify for loans of up to Sh4 million with those residing outside the capital securing up to Sh3 million.



Concessional loans

“Since we are getting concessional loans, our proposal is that primary lenders should pass the benefits to the borrower by keeping interest rates at single digit,” said KMRC interim CEO Johnstone Oltetia.

“But our key focus is on tenure because it is what will eventually drive down the overall cost of mortgage, the fact that more financial institutions will be offering long-tenure loans at fixed rates.”

Borrowers of the loans will be allowed to acquire either apartments or free-standing property.

“Once operational, KMRC will support a large number of credit-worthy potential borrowers who are not able to obtain loans at the moment,” said Mr Kenyatta.

“It will be expected to provide fixed-rate, long term low-interest funding; and help reverse low mortgage penetration in Kenya.”

Kenyan commercial banks currently have only 26,187 mortgage accounts in their books worth Sh223.2 billion, according to Central Bank of Kenya data.

The mortgage penetration rate, at only 2.7 percent of GDP, compares poorly to South Africa’s mortgage industry that makes up 31 percent of GDP.



KMRC’s funding is expected to drive the number of mortgage accounts to an estimated 60,000 by 2022.

Kenyans earning more than Sh150,000 per month will however continue to borrow house loans at market rates, with the role of KMRC being limited to mobilising more cash for mortgage and cushioning the primary lenders from losses linked to loan defaults.

The financier, which has so far mobilised Sh37.2 billion - Sh2.2 billion in equity capital, Sh25 billion committed by the World Bank and Sh10 billion from African Development Bank, has plans to raise an extra Sh5 billion from the capital markets.

“The KMRC has come at the right time when mortgage loans are very expensive, to provide incentive to primary mortgage lenders to offer longer-tenor loans,” said Treasury Secretary Henry Rotich, adding that the country “has the right conditions for it to succeed.”

The non-deposit taking KMRC, which is set to be operational from next month, plans to issue bonds at the capital markets and mobilise more funds from international development institutions.

Commercial banks

It is 20 percent owned by the Treasury with eight commercial banks, 11 deposit-taking Saccos and one micro financial institution holding a combined 80 percent stake. Shelter Afrique, a pan-African finance institution as well as the Word Bank’s private lending arm, International Finance Corporation, are said to be currently undertaking due diligence, keen to join the list of KMRC shareholders later in the year.

Mr Oltetia is a senior financial sector advisor at the Treasury.

Treasury principal secretary Kamau Thugge is one of the board members.

Others in the interim board include Stima Sacco chairman Osman Khatolwa who represents all the deposit-taking Saccos, Housing Finance Company Group CEO Robert Kibaara who is there on behalf of other banks and KCB Group’s nominated member Samuel Makome.

The Jubilee administration’s housing pillar is a key plank of the “Big Four” economic development strategy aimed at generating higher growth.

It is supposed to be backed by National Housing Development Fund (NHDF), an institution that is expected to finance offtake tenant purchase schemes and offtake guarantees to developers.

On May 20, the High Court blocked for the third time the planned collection of 1.5 percent housing levy from workers and employers, thwarting the State’s effort to build the NHDF.

It is estimated the levy will yield at least Sh4.75 billion every month from the country’s workers whose numbers hit 2.65 million last year according to the Economic Survey 2019.

Some buy that second has just to later lease it.Some buy it as a form of putting 'idle cash' into good use! Real Estate would forever be a good bet for any investor in Kenya!

rvp2018:
Nairobi - Rossyln Heights - Nairobi is one of most sought destination for rich wishing to buy a 2nd house.
https://mir-s3-cdn-cf.behance.net/project_modules/fs/e8275164909121.5ae2179f0ab3b.jpg
https://mir-s3-cdn-cf.behance.net/project_modules/fs/27731364909121.5ae2179f0af98.jpg
https://mir-s3-cdn-cf.behance.net/project_modules/fs/769b5564909121.5ae2179f0a21a.jpg
https://mir-s3-cdn-cf.behance.net/project_modules/fs/9cf1c964909121.5ae2179f0a6de.jpg

They should get eotech laced rifles with laser capabilities or night vision goggles.How do they fight the insurgents at night?

Ghanaisdoomd:
Not really

.

Ghanaisdoomd:
Not really

Who were the guys with the catapult?

Ghanaisdoomd:
Not really

It's imoressive for us.Add six percent growth on that next year!

Ghanaisdoomd:
98.264 billion and you're still talking

Here are your best guys!

Ghanaisdoomd:
I wonder why they ranked them 7 ahead of Ghana. Kenya soldiers are female soldiers because they're the whackest soldiers in the world

I bet you are a high school drop out? Is this the best you can reply with? We are not even a 70 billion GDP!

Ghanaisdoomd:
You also have a cooked GDP. because tea and flowers can not make you have a 70billion GDP

How many terrorists attacked Boston,London or Paris?

Terrorists would be foolish to match around in armies right? I want you to think!

Ghanaisdoomd:
And I heard it was only 4 alshabaab attacked there capital. What a confused nation

An 8.8% market cap to GDP ratio is low!

obaaderemi:
Do the maths yourself. 8.8% of around 390bn dollars would give you something around 44bn dollars.
Son,don't die of envy.

Prove it to me that your 2018 or 2019 market cap is about 44 billion US dollars!

obaaderemi:
Do the maths yourself. 8.8% of around 390bn dollars would give you something around 44bn dollars.
Son,don't die of envy.

The guy in the green hardhat was of the Administration police,he mainly assisted in the early stages of evacuation together with the British special man(SAS),ordinary Kenyans who were licensed gun holders and the redcross. The guys who finished off the job were these guys(The Reece Squad,pictured below). The scene of operation was left FOR them and by late night nearing dusk,the mission was done and dusted and the scene of operation was declared ''pacified''.The Administration police took over and provided security to the forensic guys who undertook forensic works at the terror scene!

obaaderemi:
They needed a lone-ranger British soldier to save their ass the last time Al-shabab was in town.

That was a formation! Don't be such a daft cunt!

obaaderemi:
They needed a lone-ranger British soldier to save their ass the last time Al-shabab was in town.

Nigeria have a ragtag army,the US Army and the British army didn't like the idea of fighting shoulder to shoulder with them.You are right about the weapons.They could have easily ended with Al Shabab!

Imagine the Navy Seals and the Royal Marines alongside these lads carrying rusty AKs and a catapult?

rvp2018:
They were begging US army to fight their home-grown terror. The US and Brits after few months in Nigeria fighting alongside Nigeria fake army verdict was very harsh. They were bunch of cowardly disorganized and corrupt army they had ever seen. The US proceeded to places sanctions against Nigeria acquiring any of their weapons - because it was obvious it would end up abandoned or sold to Boko-Haram.

You are so daft that I can't even engage you in a conversation! What do you know about sovereignty? There is a US military base in Japan,how does that compromise on Japan's sovereignty as a nation?

edon21:
and so what? that explains why you have US Army bases in your country watching over you like a father.
who does that?
I thought you have a sovereign nation

24 UN agencies have offices in Nairobi.That should tell you much about it!

gallivant:
https://pbs.twimg.com/media/D6vYEAfXkAAVUE-.jpg


https://i.imgur.com/gL5bLhE.jpg?2


https://i.imgur.com/RchiHDJ.jpg?1

The market cap to GDP ratio once again exposes your cooked GDP!

68816419:
The top 5 stock exchanges in Africa where DFCK Is Kenya on the list ?


1. Johannesburg Stock Exchange (JSE)

The JSE is the biggest stock exchange in Africa by Market Capitalisation. It was founded on November 8, 1887.

It is South Africa’s only full service securities exchange, connecting buyers and sellers in a variety of different markets, namely equities, equity derivatives, agricultural derivatives and interest rate instruments.
Key Facts

Market Capitalisation – $987 billion.
Number of Companies Listed – 388
Foreign Domiciled Companies – 76
Market Cap over GDP ratio is 278.94%
Trading and Settlement – T+3

2. Nigerian Stock Exchange (NSE)

The Nigerian Stock Exchange started in 1960 as the Lagos Stock Exchange. I’m 1977, it changed its name to the Nigerian Stock Exchange.

The NSE is one of the most developed stock exchanges in Africa and offers a range of instruments for investors in the equities, bonds and derivatives market.
Key Facts

Market Cap – $44 billion
Market Cap over GDP ratio – 8.83%
Number of Companies Listed – 176

3. Egyptian Stock Exchange

The Egyptian Stock Exchange (EGX) comprises two exchanges, Alexandria opened in 1883 [/b]and Cairo stock exchange opened in 1903.
Key Facts

Market Cap – $46 billion

Number of Listed Companies – 222

Market Cap to GDP ratio – 17.61%

Trading and Settlement – T+0 for securities traded by the intra-day trading system. T+1 for all other securities.
[b]
4. Casablanca Stock Exchange

The Casablanca Stock Exchange was established in 1929, and was known as the “Office de compensation des valeurs mobilieres (office for clearing of transferable securities)
Key Facts

Market Cap – $48 billion
Market Cap to GDP ratio – 46.43%
Number of listed companies – 75
Trading and Settlement – T+3

5. Namibian Stock Exchange

The Namibian Stock Exchange is one of the oldest stock exchanges in Africa, founded in 1904. It relaunched in 1992.

The Namibian Stock Exchange is the second biggest stock exchange in Africa in terms of Market Capitalisation, as it has been making use of the Johannesburg Stock Exchange’s equity trading systems and services to trade, clear and settle it’s securities.

The International Finance Corporation (IFC) in 2016, raised about $12 million in bonds which was used for private sector development in the country. This shows the faith of the international investing community in a market like the Namibian.

Your latest market capitalisation is not 44 billion US dollars!

68816419:
The top 5 stock exchanges in Africa where DFCK Is Kenya on the list ?


1. Johannesburg Stock Exchange (JSE)

The JSE is the biggest stock exchange in Africa by Market Capitalisation. It was founded on November 8, 1887.

It is South Africa’s only full service securities exchange, connecting buyers and sellers in a variety of different markets, namely equities, equity derivatives, agricultural derivatives and interest rate instruments.
Key Facts

Market Capitalisation – $987 billion.
Number of Companies Listed – 388
Foreign Domiciled Companies – 76
Market Cap over GDP ratio is 278.94%
Trading and Settlement – T+3

2. Nigerian Stock Exchange (NSE)

The Nigerian Stock Exchange started in 1960 as the Lagos Stock Exchange. I’m 1977, it changed its name to the Nigerian Stock Exchange.

The NSE is one of the most developed stock exchanges in Africa and offers a range of instruments for investors in the equities, bonds and derivatives market.
Key Facts

Market Cap – $44 billion
Market Cap over GDP ratio – 8.83%
Number of Companies Listed – 176

3. Egyptian Stock Exchange

The Egyptian Stock Exchange (EGX) comprises two exchanges, Alexandria opened in 1883 [/b]and Cairo stock exchange opened in 1903.
Key Facts

Market Cap – $46 billion

Number of Listed Companies – 222

Market Cap to GDP ratio – 17.61%

Trading and Settlement – T+0 for securities traded by the intra-day trading system. T+1 for all other securities.
[b]
4. Casablanca Stock Exchange

The Casablanca Stock Exchange was established in 1929, and was known as the “Office de compensation des valeurs mobilieres (office for clearing of transferable securities)
Key Facts

Market Cap – $48 billion
Market Cap to GDP ratio – 46.43%
Number of listed companies – 75
Trading and Settlement – T+3

5. Namibian Stock Exchange

The Namibian Stock Exchange is one of the oldest stock exchanges in Africa, founded in 1904. It relaunched in 1992.

The Namibian Stock Exchange is the second biggest stock exchange in Africa in terms of Market Capitalisation, as it has been making use of the Johannesburg Stock Exchange’s equity trading systems and services to trade, clear and settle it’s securities.

The International Finance Corporation (IFC) in 2016, raised about $12 million in bonds which was used for private sector development in the country. This shows the faith of the international investing community in a market like the Namibian.

Importation politics of maize so that few cartels can gain in the expense of farmers.We have enough grains,that's what it is known!

68816419:
Tanzania one million-tonne maize surplus boosts Nairobi supply Tanzanians should keep feeding Kenyans

Surplus stocks in Tanzania have raised maize supply helping cool the rising price of the produce in Kenya.

Tanzania has announced it has more than a million-tonne surplus, which it will sell to the regional states, unlike previously when it imposed an exports ban.
Millers in Mombasa and Nairobi are getting supplies from traders bringing in the commodity.

The maize is landing in Nairobi at Sh3,200 a bag.

“There are good stocks coming in from Tanzania and we are getting some too from Uganda.

“This maize will go a long way in boosting the current limited stocks in the country,” said Gerald Masila, Executive Director of Eastern Africa Grain Council.
Millers are paying Sh3,000 for a 90-kilogramme bag of maize down from Sh3,400 last month, with the prices expected to further drop as farmers release the stocks that they had been hoarding to the market.
Mr Masila said Tanzania is supplying a lot of grain to the region replenishing stocks that would have been depleted by now.
Mexico
However, he warned the importation process should start now given that the grain in the region would not be enough to last beyond July.

“Even with this stocks in the region, imports are inevitable and the process of shipping in the grain has to start on time to avoid last minute rush,” he said.
Kenya is also expected to import maize from Mexico.

The government has indicated it will open the import window in July despite opposition from farmers’ lobby that said imports will hurt farmers.
However, Cereal Growers Association said there is no need for imports because stock available is adequate.

“The government should not allow the importation of grain in the country at a time when the short rains crop will be ready for harvesting in July…this is a move to sabotage farmers,” said Fanuel Kruger, chairperson of the Cereal Millers Growers.

The Agriculture ministry said only registered large-scale millers would be allowed to import maize to cover the deficit.

We have Kenya School of Government

Kenya School of Law

Kenya School of Revenue Administration

Kenya school of Monetary Studies

Among many others! Talk about institutions!

KSG (Kenya School Of Government)

Kenya School Of Government which is committed to delivering quality training, research and consultancy services that inform public policy and promote continuous learning for public service excellence.

It also trains civil servants including foreign students on governance matters!

Kenya has been ranked as the best African country that offers good digital life in the latest Expat Insider report released by the InterNations.

The survey ranked Kenya 31st in the world ahead of South Africa (49), Morocco (58), Uganda (59) and Egypt (69).

In the report, Kenya appears to offer good digital life as nine in 10 expats in the country (89 percent) are happy with their unrestricted access to online services, which is nine percentage points above the global average 80 percent.



"Making cashless payments in Kenya also seems to be very easy (94 percent positive ratings verses 78 percent globally)," read part of the report released today.

The report also ranks Kenya fifth in the world for the ease of getting a local mobile phone number, behind Myanmar, New Zealand, Israel, and Estonia.

DIGITAL LIFE

In South Africa, the survey ranks the country among the bottom 10 countries worldwide in terms of ease of getting a local mobile phone number (59), with 12 percent of expats saying it is difficult.

The report further reveals that the country does not fare much better when it comes to the availability of government or administration services online, ranking (58) out of 68 countries worldwide.

Uganda ranks among the worst countries in the world for digital life. According to the report, Uganda receives its lowest ratings for getting access to high-speed internet at home (65th out of 68 countries) and paying without cash (61st).

PAYING CASH

The report further states that close to two in five expats in the country 39 percent are unsatisfied with the first factor versus 16 percent globally, while a third 33 percent rate cashless payment opportunities negatively versus 13 percent globally.

"Twelve percent even say it is very difficult to pay without cash in Uganda; only five other countries worldwide have higher percentages in this regard (Germany, Argentina, Egypt, Japan, and Myanmar)," the report indicates.

The Digital Life Abroad Report is an addition to the annually published Expat Insider survey by InterNations.

The topical report is based on the Digital Life subcategory, which was added to the Expat Insider survey for the first time in 2018.

The subcategory is part of the Quality of Life Index, which covers five other subcategories, including Leisure Options, Health & Well-Being, and Travel & Transportation.

NairobiWalker:
Kapsa.

And you wonder why Nigerians are flocking to Kenyan Universities?

RU

Riara University

Absolutely!

rvp2018:
Kenya has to lead the drive to go digital. This should be our top priority coz we have a huge edge here.