Budspencer
Elder Lister
Biggest scandal of his reign.SGR to family farm
Biggest scandal of his reign.SGR to family farm
Let me ask. Are you sure this is not another moguka base story?Biggest scandal of his reign.
Fantastic bro. You are one of the few who is not a bonobo. This is the kind of engagement I have been looking for, not Moguka base shit.2020 Dairy Meal High yield 50Kg cost - 2,200/-
2018 Dairy Meal High yield 70kg cost - 1,800/-
Cotton seed cake price per KG 20/21 - 80/-
Cotton seed cake price per KG 14/15 - 20/-
Wheat Bran 40KG 20/21 - 1050/-
Wheat Bran 40KG 13/14 - 500/-
Price per litre of raw milk from farm 20/21 - 37/-
Price per litre of raw milk from farm 12/13 - 40/-
Aaaah! The dairy sector is vibrant!
Farm inputs
12/13:
DAP - 1,600/- per 50kg bag.
Price per 90kg bag - 3,200/-
20/21:
DAP fertilizer 3500/- per 50KGs bag.
Price per 90kg bag - 2,400/-
Summary: Tea and coffee farmers very important. Maize, sugar and dairy farmers wajipange.
Thank you for the compliment.I just love your level-headed approach to issues.
As I have readily admitted, Uhuru ferked up with the debt issue. I think he was banking on oil to balance the books. Of ourse this hasn't worked out.
Having said this, I humbly submit that Uhuru's legacy is mixed. Kenya continues to be the one of the eading FDI destinations in Africa. The years before Covid witnessed above 5% growth in GDP. We are starting to reap the dividends of the unprecedented expansion in infrastructure - in my native Ndeiya, we now have tens of brand new millionaires because the value of their land has sky-rocketed with new roads, water systems and electricity.
I prophesy that Uhuru will i future be remembered as one of the most transformational presidents Kenya has ever had.
Even with corruption, there's a case to be made that greater access to social media and freedom of speech are why we think it has increased; people just report it more. I may not necessarily agree with this, but it is a talking point.
Again, thanks for a balanced response and the points you have made. You deserve the compliments because you are addressing specific issues without much emotion.Thank you for the compliment.
I am happy you brought up the issue of land making people millionaires. In developed countries it is totally unheard off with these levels of inflation in the prices of land in comparison to GDP.
Land is a factor of production and the more expensive it gets the more inaccessible it is and the more the price of the product increases.
There is a reason home ownership is at an all time low. Everybody is building in the village which bring issues of security, lack of access to electricity, internet connectivity, water and road networks killing productivity.
On FDI I agree. But FDI relies on a couple of things. Security, Political stability and Affordable factors of production. The plan for example on the SGR was to have EPZ's developed around it to help the export cheaply and efficiently and also provide them with cheap electricity.
But what has happened? The SGR cost was greatly inflated, whether you like it or not Uhuru took the rail to his shamba, and primarily failed to get it to malaba making the project worthless. The next government will now have to come in and take one more loan to get it there to make the rail worth it.
Shall we also talk about the toll road to the airport which is being rushed before Uhuru retires and talk about corruption, greed and misplaced priorities?
Even when Moi died, people in Rift Valley who benefitted from the nice roads and good Universities at the expense of the rest of the nation also speak ill of his presidency. What of Uhuru in this age of information and social media?
Again, thanks for a balanced response and the points you have made. You deserve the compliments because you are addressing specific issues without much emotion.
I however think you are wrong on several scores.
ESTABLISHING inamaanisha ENHANCED kwa dictionary gani?did not say that Uhuru STARTED the SF programme. He ENHANCED it. Today virtually all formations have SF components, whic was NOT the case in 2013.
No president has done as much as Uhuru has for the security sector. From buying the first APCs for the police to establishing SFs to buying new transports for the airforce and attack helos for the army,
When Moi finally left, it was discovered that the state KDF was in was deplorable. That's why Kibaki had to initiate various programs to see that KDF regains capabilities it had lost, while gaining new ones. Here is a document indicating the formation of KSOF started in 2005.As far as equipment to the forces are concerned I know its Uhuru's gavament that has bought the police new guns and APCs. I is Uhuru's gavament that has bought the airforce and army new helos and transports. It is Uhuru's gavament that is buying the army 100 MRAPs from Turkey. It is Uhuru's gavament that has established a joint command that has seen Al Shabaab not able to launch attacks in Nairobi as they used to.
Jasiri was a part of the Anglo Leasing deals initiated by Kibaki. Its inclusion is to show you how far these deals go and these things you are praising macho nyanya for had already been planned for before he set foot in State House.Nowhere have I talked about jasiri, but of course you can always throw in crap that has nothing to do with anything in to buttress your argument
Nothing will ever top this!!Biggest scandal of his reign.
The other thing I dislike about the current President is the fact that he has this arrogance like he is above the law. We all saw what happened in Nairobi County. A duly elected Governor pushed out of office through deceit and threats. It does not matter if we have a million kms of tarmac or we discover the cure for AIDS, for me the most precious document is the constitution and the practice of rule of law.
Nothing will ever top this!!
NIC, CBA bank merger exempted from paying millions in share sale tax
The Treasury has exempted the merged CBA and NIC bank from paying share transfer tax running into hundreds of millions of shillings.
Suspended Treasury Secretary Henry Rotich had exempted the transfer of CBA shares into NIC Bank from paying stamp duty of one percent of worth of the unquoted stocks being transferred.
The transaction is taking place though a share swap between the two banks, with current NIC group shareholders owning 47 percent of the merged entity and CBA shareholders including the Kenyatta family owning 53 percent of the merged entity.
NIC Group will remain listed, suggesting a transfer of the CBA unquoted shares, which makes them liable for the one percent stamp duty tax.
The deal did not quote the value of CBA shares, but analysts estimate the value of 53 per cent stake at Sh35 billion based on the book value of Sh65 billion when the deal was announced—putting the stamp duty charge at more than Sh350 million.
“The Cabinet Secretary for the National Treasury and Planning, on the recommendation of the Cabinet Secretary for Lands and Physical Planning, directs that the instruments executed in respect of the transactions relating to the merger of NIC Group PLC and Commercial Bank of Africa shall be exempt from the provisions of the Act,” Mr Rotich said in a June 26 legal notice that was made public Friday. Stamp duty is a tax charged on several transactions such as transfer stock, land and houses and ranges from one percent to four per cent of the property value.
Transfer of unquoted shares like the CBA stock attracts a stamp duty of one percent, but sale of quoted shares like NIC bank’s are exempted from the tax. The merged bank will have an asset base of Sh466 billion, making it the region’s third-largest after KCB and Equity.
The merged lender will count among its top owners some of Kenya’s most renowned billionaire investors and political figures, shareholder information on the two lenders has revealed.
The Kenyattas currently hold a 24.92 percent stake in CBA while Phillip Ndegwa family, which founded NIC Bank, has a 25 percent interest in the listed lender.
Businessman Naushad Merali will end up with a 2.9 percent equity based on his present direct ownership of a 5.6 percent stake in CBA.
TheNothing will ever top this!!
NIC, CBA bank merger exempted from paying millions in share sale tax
The Treasury has exempted the merged CBA and NIC bank from paying share transfer tax running into hundreds of millions of shillings.
Suspended Treasury Secretary Henry Rotich had exempted the transfer of CBA shares into NIC Bank from paying stamp duty of one percent of worth of the unquoted stocks being transferred.
The transaction is taking place though a share swap between the two banks, with current NIC group shareholders owning 47 percent of the merged entity and CBA shareholders including the Kenyatta family owning 53 percent of the merged entity.
NIC Group will remain listed, suggesting a transfer of the CBA unquoted shares, which makes them liable for the one percent stamp duty tax.
The deal did not quote the value of CBA shares, but analysts estimate the value of 53 per cent stake at Sh35 billion based on the book value of Sh65 billion when the deal was announced—putting the stamp duty charge at more than Sh350 million.
“The Cabinet Secretary for the National Treasury and Planning, on the recommendation of the Cabinet Secretary for Lands and Physical Planning, directs that the instruments executed in respect of the transactions relating to the merger of NIC Group PLC and Commercial Bank of Africa shall be exempt from the provisions of the Act,” Mr Rotich said in a June 26 legal notice that was made public Friday. Stamp duty is a tax charged on several transactions such as transfer stock, land and houses and ranges from one percent to four per cent of the property value.
Transfer of unquoted shares like the CBA stock attracts a stamp duty of one percent, but sale of quoted shares like NIC bank’s are exempted from the tax. The merged bank will have an asset base of Sh466 billion, making it the region’s third-largest after KCB and Equity.
The merged lender will count among its top owners some of Kenya’s most renowned billionaire investors and political figures, shareholder information on the two lenders has revealed.
The Kenyattas currently hold a 24.92 percent stake in CBA while Phillip Ndegwa family, which founded NIC Bank, has a 25 percent interest in the listed lender.
Businessman Naushad Merali will end up with a 2.9 percent equity based on his present direct ownership of a 5.6 percent stake in CBA.
Amazing, can you tag the turncoatThis is a clear case of conflict of interest and possibly corruption.
This is rich coming from one whose word of the month is bonobo, I'd urge you to take a long hard look in the mirror.Just look at most of the replies here. Insults, insults, insults. No substance, just bonobos jumping up and down excitedly like apes on steroids with no facts, just muguka-base crap.
When somebody for example says Uhuru routinely CALLS - lifts a phone and dials - to defeat justice or advance his relas interests and I ask, WERE YOU THERE WHEN HE WAS CALLING, I get insults. Am sori bonobos, huu ni ujinga na upambavu na ushenzi. TALK FACTS. GIVE VERIFIABLE DATA AND STATISTICS. Otherwise just shut the ferk up and take that mushene where the sun ne'er shines.
LET'S DEAL WITH FACTS.Sir, AGAIN - FOR THE UMPTEENTH TIME - LET'S DEAL WITH FACTS.
Give me irrefutable proof that the milk is imported from China and wherever. Like, quote import numbers and stuff.
Otherwise, if you want to deal in rumours that is your business.
Ha ha ha ha ha! Dude, the burden of proof is always on the prosecution, NOT the defence. Try another one.................LET'S DEAL WITH FACTS.
Give me empirical evidence that the milk is produced in Uganda. Like, the number of cows, the breed, regions producing milk in litres annually , number of coolers and milk processing factories and their capacity and stuff.![]()
Otherwise, I'd take everything your frothing about as just rumours or perhaps you're just a newly hired hack earning his keep
Meanwhile try wrapping your mind around this report
2016 - Jan - dec - 3 million liters
2019 - jan - sep -110.7 million litres!!
What kind of Frankenstein cows are these that can increase production by 3000%?
"There is an evolving dairy sector trade war in East Africa underway, driven in part by the use of imported milk powders in the production of low cost reconstituted dairy products which are then traded regionally. With Kenyan dairy milk processors witnessing lower sales in Western Kenya which border Uganda (1), in December 2019, the Kenyan authorities sent a delegation to Uganda to verify if milk imports coming into Kenya were of Ugandan origin and did not originate in a third country (2).
This followed a sudden ‘surge in volumes of imported milk purportedly from Uganda’ and growing complaints from Kenyan dairy companies operating in the border region. Kenyan data suggested ‘milk imported from East African Community (EAC) member States hit 110.7 million litres between January and September from three million litres in 2016’, with most of these imports coming from Uganda. It was felt Uganda lacked the production capacity to generate such export volumes from domestic production (2)."
I was being sarcastic, I knew you wouldn't have the kind of "facts" that you demand from others, but again you seem to have missed the evidence I placed.Ha ha ha ha ha! Dude, the burden of proof is always on the prosecution, NOT the defence. Try another one.................