he is going down,Murathe ni meffi....mlevi. Very entitled cunt
Hawezi guza Mrathe? Or Mrathe will roar back?@bigDog when you look at the Nation's headline, you will understand why Uhuru's hands are tied.
He who pays the piper calls the tenders?Hawezi guza Mrathe? Or Mrathe will roar back?
And Ivy Minyoo his squeeze is DFHKMBLHe who pays the piper calls the tenders?
That's why Karume once said that mtu hukula kama amenyamaza.....Murathe ni meffi....mlevi. Very entitled cunt
Our steel manufacturers face the problem of high power costs compared to neighbouring countries. At the end it all boils down to the corruption in our energy sector which goes down many years.If one can make 50 billion shillings selling products to people with low spending power and in a country with weak systems, they should be able to make multiple times that amount in a first world country with higher spending power, better systems, and better quality of life. Unless, of course, the profitability arises from the weak systems.
The steel industry is a highly protected sector in Kenya. Whereas the East African common external tariffs stipulate a 25% duty on mild steel, Kenya is the only country in the community that has sought exemption to tax steel imports at a minimum of 200 US Dollars per metric ton. Without this escalated taxation rate, local steel prices would decrease by between 20% and 30% due to moderation by imports. Current imports retail just a slither below local products, occasioning little effect on prices.
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The only issue is that the most protected industries are also the same ones posting 'abnormal' profits compared to the rest of the economy. Perhaps this suggests they do not need that protection, because protection means consumers are subsidizing their profits.Our steel manufacturers face the problem of high power costs compared to neighbouring countries. At the end it all boils down to the corruption in our energy sector which goes down many years.
Wacha mwisi aitwe mwisi. Kama ameiba afungwe! I don't condone theft.
Our steel manufacturers face the problem of high power costs compared to neighbouring countries. At the end it all boils down to the corruption in our energy sector which goes down many years.
You condoned it ukisema his hands are tied
Leta wrink where I said it's ok to steal.