ur_contra's_favourite_contra🥭
@AndrewMusembi8
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Trader in the marketplace of ideas 📝. Aspiring carrywhore. Irrational mkt participant. Econ, geopol & Finance enjoyer. $ maxi. Non-Pan-African.
Nairobi, Kenya
Joined September 2021
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@donxszn
2 likely drivers:
i.) Foreign inflows of capital into say, Kenyan infrastructure bonds. Foreign speculators probs think KES is oversold and are willing 2 take the risk.
ii.) CBK intervention to defend the shilling as they think it's gone below fair value.
Thugge mentioned both.
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@sailaunderscore
“The terrorists are just freedom fighters that want nothing more than Freedom from the oppressive empire. Nothing more! No dogmatic religious reasons or anything haha, that would be crazy.”
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Kenya has a really great chance to take advantage of our funny currency devaluation situation. Exports are now cheap to foreigners , hence If we were to ramp up production of export goods big-time , we'd most definitely come out of this on top and increase our Dollar reserves.
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Nairobi folks be calling themselves wine connoisseurs while they're drinking the shittiest, lowest quality wine that the very dregs of American and European society couldn't be forced to drink at gunpoint LMAO.
So long as y'all are happy tho.
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@JoeMaz
@iamcardib
So you're insinuating that if Trump had been president we wouldn't have had a recession?
Like these things don't happen regardless of which party is in power 🤡🤡
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Nigha, we need manufacturing jobs first and foremost LOL. Not new ways to get middle class incomes out of the country (aka capital outflows).
Two chains we need in Kenya.
1. Starbucks
2. Mcdonalds.
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@MagembeCA
@njeriwanjeri
Someone who's status and wealth is predicated on cronyism and state capture is not Worthy of envy.
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Some unlucky folks are about to learn why Ethiopia has almost no FX reserves...
First confirmation of Bayraktar Akıncı delivery to 🇪🇹ETAF shown with red propellors in the background and delivery ceremony.
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@TuJadili
@Kenyans
Look up a guy called David Munyakei and ask yourself if you'd ask your (hypothetical) son to meet such a fate himself for the sake of thankless Kenyans that don't even remember his name.
Patrick did well enough to resist their persuasions. That was good on his part. Smart.
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@Nyang__KE
@jumaf3
Now here's what I have to say: if it takes 800M to find 38 M then it's not worth it , I think...
It makes zero sense.
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@Punky_Odhiambo
@onlyomoke
Someone pulling up to your home and causing a public nuisance for both you & you neighbours and you're talking about consent? Bana it's like you lost the plot somehow 😂😂
If he came out and tweeted that this had happened without evidence then no one would've believed him...
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@Juniormantx_
@Its_Roddie
@Shani_Electrics
It's kinda inaccurate as back then the strain on the roads they built was nothing by comparison. If we were just using walking , carriages and horses instead of these automobiles , our roads would last pretty long too...
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I try my best to not associate myself with people that think this is the reason why Gaddafi was killed.
It's crackpot Pan-African conspiracy nonsense LOL.
Leaked Hillary Clinton Emails Revealed NATO Killed Gaddafi to Stop the formation of a United States of Africa.
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My opinion of Taylor Swift after this:
Taylor Swift was in talks to sign a $100m sponsorship deal with FTX.
But then actually asked “can you tell me that these are not unregistered securities?” and the deal fell through.
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@MakenaMakena3
@Shad_khalif
Please explain to me how food eats away at the unreactive aluminum oxide layer of a sufuria , I'm legitimately curious
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Hahaha, from the little I've heard thus far, I see Nairobi girlies being shown dust by some of these guys once they get their finances in excellent shape.
“Na nilikuwa nimewawuonnnn!!!”
Wanaume Gen Z wakigusa pesa ndio mtajua roho mbaya ni nini
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@duwadh
@Gafezzz
@LinkofSunshine
I interpreted it more as them having a very one dimensional understanding of women due to lack of interaction. In addition to ‘porn-brain’.
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I feel bad for that lady, I wouldn't wish life in mainland China on my worst African enemy.
36 yr old Chinese dude from rural Henan who never had a girlfriend asked his cousin working in Zambia to help him find a wife. His cousin introduced him to a Zambian girl. He got married aft 20 days. Cousin going back to China to help prepare his home for arrival of the bride
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@CSakwah
The world we live in is optimized for psychopaths and nasty people to succeed. They're the ones willing to exploit people and systems to succeed without a shred of remorse.
Karma is bullshit, in short.
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LOL of all the places such an amount of reserves could be found.
Is God trolling the US or sum??
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Yaani, the recent auction of 10 yr bonds essentially is telling you if your business is making less than roughly 18% in profits, you may as well take your business, sell all assets, pay off liabilities & go home.
Coz you're underperforming the risk free rate. Ur doing 0 work.
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@mwandokamau
@MwangoCapital
Is holding these people to account called hating nowadays?? LOL...
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Old man used to be invested in stocks, had this stock broker he used up to the late 90s/early 2000s. But one day he was called up by the owner and he told him to get out before things went ugly.
Of course he withdrew everything...
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Horners remain the all time top scorers in the delulu premier league.
The challenge of integrating Somalia to the east Africa community lies in the open border policy, as Somalia is currently facing war on terrorism & lacks control over its borders and is experiencing an influx of foreign terrorists from Tanzania, Kenya, Ethiopia and Uganda who are
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@BarackWaluvengo
Huku kwetu nimeona plots lying dormant for 20 plus years and yet it had an owner the entire time.
Saa hii yake ni kutafuta hela za kujenga nyumba. And they probably bought the plot for around 1.5 million or less for half an acre in the 90s.
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@theMeruTimes
@MumbiMumbs
Made in china. Branding tu ndio tofauti my fren.
Nunulia msichana quartz watch ya Casio at least afurahie good quality
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@_kamau_ke
@eng_mokogoti
If she made it legally she should have no qualms explaining how she obtained said wealth. Simple.
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@akwando_Fred
@Zuxanki
Nah , the nigga she'll run back to as soon as he texts her that he misses her.
The Chad or Tyrone if you will. The nigga that can never be replaced.
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Zoos are saying they own Kenya coz they got a number of top positions in government, especially in our intelligence, & security apparatus.
And government doesn't think this is somehow a national security threat. I can't believe I'm saying this but we need a Kyuks resurgence...
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@maumauveteran
@maliks_88
Having neighbors seems to be desirable... no one wants to be in some almost empty apartment block.
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@Mistersuperiorr
@IRHotTakes
He's talking about how unreal the concept of nuclear submarines is 😂😂
Just using flowery, fantastical language...
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@GKKiarie
@MihrThakar
We don't have much choice. No sober investment bank or foreign government would lend to us in shillings cause of currency risk. We could devalue the shilling at an alarming rate to pay off our debt & erode the value of their debt.
But If it's in dollars then the risk is minimal
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@TiskTusk
Schrodinger's walalo:
They are simultaneously smart enough to be playing 3-D chess with Kenyans while not smart enough to solve their internal issues at home .
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@DehMao
@iamkathambi
They want a specific type of potato with a specific look for some weird reason. Yet we have so many tasty and uniquely flavoured potatoes out there as you said. They intentionally did this with the global banana industry especially in the west. Try exporting Kenyan bananas to US
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Music to yahoo boy's ears.
I'm bullish on Kilimani real estate and rents. Car dealers stocking mercs too. Not to mention flower companies.
If I could be long peer pressure as a concept, I'd be a buyer too LOL.
IYKYK
President William Ruto says Kenya will lift visa requirements for ALL Africans by December 31st, 2023.
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The day I realized my dad was a Boomer is when he told me to work hard so I can get a good job at General Electric and IBM 🤣🤣🤣😭☠️☠️
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Our biggest mistake as kenyans on twitter is that we assume the rural Kenyan to be a rational individual that knows what's best for themselves, and can think through issues critically.
Have you met Kenyan voters, or rather talk to an ordinary Nyerian, the way they rave about Gachagua, be assured of another 2nd term.
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I swear on my ancestors that I'll never make a move on a woman from the mountain ever again.
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@Tom__Capital
@Vishva_s_r
@ksicrypto
Exactly 😂😂. I thought the whole point of crypto was that it's purely free market, no such thing as too big to fail...no bailouts.
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@TheeUntamed
@EcEssie
Ok, they made a slight error, but that's ALL you picked up from the thread???
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Like it or not, but she has engagement farming down to a science.
Nigerian men will take all the Kenyan women, if Kenyan men continue being stingy
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@kahome_steve
It's Genghis or dyer and Blair to be honest
The rest , discard . Not worth the time , and risky too.
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You're a Kenyan furniture supplier to Burundi and you accept payment in Burundi Francs and suddenly your position is down 11.8% in Kenya shiling terms.
And your kids in Nai need school fees. & you need to replenish stock ( using $ to pay your Chinese supplier). What do you do?
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@jackjohnsteve
@RodAlzmann
@bedouincap
AMC to moon☠️☠️ , Cathy wood is a genius and other short stories...
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@MGAWMC
Ainwewe you noticed, thought I was the only one 😂😂🙆🏾♂️
I think one of the people in their team works at a place that has one . Big kenyan banks usually have them especially for their financial markets people.
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@KipkemboiAlex1
@juddaah___
Enough to make a plane 3 times slower?
You tried to sound really smart , you really did , but this is a certified L.
There's another reason , yours ain't it
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@PkuruiKen
@moneyacademyKE
Children that never worked a day in their lives fighting over the wealth of their parents (they're already left a lot but get greedy and want more) . I blame the corporate governance too. If it was solid these issues probably wouldn't be present.
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I wish Kenya was as badass and menacing as some Somalis think we are LMAO.
I don't even think we have the capacities for that kinda thing. Let alone the will.
- Get ready for Swahili to be our first language
- Our coastal waters will be handed to Kenya.
- More miira will flood our streets from other EAC member states.
- Our ports will be exploited by landlocked EAC countries.
- Risk of our natural resources being exploited by
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The damage that the crypto bubble has done to black & African communities is actually so immense.
It was , in Essence, one big transfer of wealth from poor people looking to get rich quick (the greater fools) to libertarians & geeks in the US, Asia & Europe that could code.
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@Aella_Girl
@memeticsisyphus
People here are acting like most male circles wouldn't shame one (intentionally or not) if they found out. The general attitude towards such people is mild pity at best and disgust at worst.
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@astonfartin
@DogeSentMe
@thatzenboi
@pedromarinho94
@Matthew90744135
@litcapital
They think for some reason everybody is a radical libertarian like them fighting the state🤣🤣. I personally just wanna make money LOL
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@kingJ0SEF
@moneyacademyKE
They'd need a charter/ license and need to be regulated by CBK. They'd be subject to interest risk as well. In my opinion it's optimal for them to remain middle men...
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@CHALO254_
@Ohta_Ryota
Good question. Or better yet, if he's too lazy, auzie a wall street trading firm that bot for tens of millions of dollars...if not hundreds of millions of dollars.
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@KennyKaburu
@BusinessIntelKE
@coldtusker
Returns of 18% investing in HIGHLY LIQUID GOVERNMENT SECURITIES with SHORT DURATION??
The red flags are too many to count. Anyone with rudimentary understanding of finance knows that you can't have relatively high returns from assets with such characteristics without leverage...
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@Grace_mo_cn
@prathap_bailore
@ngxikimane
@TanzaniaUpdates
Yeah , let's rely on a heavily propagandized and suppressed population to give us an honest opinion on their government.
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I'll plow 40% of my internship money into my trading account. Nothing instills proper risk management like money that you worked for...
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@CrispianWheldon
@stephsmoked
@coopercooperco
@h3h3productions
Yeh , he laughed , saw he was pissed and had to put up a show to save face in front of her.
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@WWambua_
The people at the top are getting wealthier as the vice versa occurs at the bottom...
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What happened to “we are African and Africa is our business”??
Citizens of a nation on the African continent asking for western intervention?? The pan Africanists are gonna lose their shit, OMFG
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@spicedliver
My take-away: people are compatible with way more people than they think. An open mind & some imagination is needed though...
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@Hitlerlaw2
@johnnjenga
Banks don't tend to invest in startups even abroad. Maybe investment banks like softbank as exceptions.
That's the work of V.C funds typically.
Would you like your deposits being invested in high risk ventures with little to no collateral fronted upfront?
Think about it...
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Hapa I have eti push back coz people will buy the dip on these stocks & baghold for years, then start crying about how the NSE is a scam.
Heed my words: the market can stay irrational longer then you can stay solvent.
This works both during bubbles & vicious bear markets.
As KCB and Safaricom keep falling, remember the wise words of Warren Buffett:
"Be fearful when others are greedy and to be greedy only when others are fearful"
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@vinymulwa
@MihrThakar
If the shilling is constantly losing value against the dollar then you need more and more shillings to pay the same dollar denominated debt. If you got lent dollars when the rate was 100 & now it's 115 , you need 15 more ksh for every dollar to keep making the interest payments
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@EliteChessHouse
“Beanie babies are the future of collectibles , they're a new part of the cultural zeitgeist.”
Sounds familiar?
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@BERNARDg32
@kiruti
@ok_ish
@SafaricomPLC
They're essentially a fintech at this point. If they broke off they'd be one of the biggest fintechs in the continent IMO...
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@clintonyango
@Moha001_Onyango
Move around , travel a bit and look how other countries are going by comparison then come back to me. Despite our litany of issues tuko mbele
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These professional Kenyan econ & finance accounts on this app can be so dull at times.
Why? Cuz they're so formal and fearful. They hardly ever have a single controversial take. Strikes me as unnatural. Just open an anonymous account & let the invasive thoughts win, man.
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Everyday I'm thankful that I come from a 2 parent household wituba good relationship with my parents.
It's a luxury I don't appreciate enough.
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The Moi regime and it's consequences were a disaster for the Kenyan economy...
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@Shirley_Sein
Don't fall for it guys , it's a trap. Someone's looking for validation 😂😂
Y'all think there ain't niggas in her D.M.s asking if she has plans on Easter? But she skipped all then to ask some random chaps on twitter instead
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@quiqarre
Wait , I have a question , could you have used a matatu instead (if feasible) and saved like 500 bob? And bought a 50 bob water? Like , I think re-evaluating your spending decisions would be the better way of looking at things...
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Today we've been stopped by cops & apparently now they have a quota of sending a certain number of traffic violations to court a day now (essentially to increase govt. revenue via fines).
The cop told us & I was shooketh.
They were stopping like 1 in every 2 private cars LOL.
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@kasiva_mutisya
I have a big issue with the way many Kenyans define ‘progress’. To them it's new, shiny malls & shopping centres that sell 99% imported goods, or have these international fast food brands.
It's not factories coming up in Athi river or Thika, for them. Consumption mentality.
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My view on the Kenyan foreign debt situation has changed, I think we'll be alright.
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The Ndindi Nyoro effect. Retail, institutions or a combination of both are buying up KPLC shares like madd!!😂😂
Even the volume today is surpassing Safcom's which is madd!! Very anomalous indeed.
@MwangoCapital
@mytradesignals
@FundiMuigai
@ChrisMuthokaS
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@swalanyety
@richardmusau235
Acha hiyo , that usually don't even save or utilize the money for future. They're always blowing all of it and starting all over again
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Damn, i didn't know Kenya had a banking crisis in 1986 and a currency crisis in 1971!!
This paper is remarkably informative, short and best part is it reads like a nonfiction book.
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If a nerdy nigha like me can secure myself a baddie, then what's your excuse??
(I'm lying, I didn't secure one, it's hopeless, just give up)
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@BarackWaluvengo
Some usually buy very early in the 90s or something, then it appreciates as they're holding it
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TZ looks interesting. Kenyan businessfolk are moving there little by little. And nobody is better at identifying good business opportunities than our githeri loving brethren from Centro.
Open to any opinions , I'm honestly not that knowledgeable on this, just instinct.
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@mwaura2012
@moneyacademyKE
Bro like 40% of their drinks constitute sugar and have led to obesity scandals worldwide , I think their brand is the least of their worries
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@DababyRichard1
@Moha001_Onyango
Why would he think that a bank is lending him money at zero interest on a daily basis? How do they gain? They took advantage of his naiveté , simple.
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People out here are ruining/ ending friendships coz of beef over countries thousands of kilometers away that none of them have any blood or ancestral relations to.
Upper deck / mulatto Kenyans will show you things.
This country got the dog-end of globalization, and it shows.
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