Discover and read the best of Twitter Threads about #MoneySense
Most recents (2)
When did the rain start beating @KenyaPower?
My take on Kenya Power.
In 2011, The Least Cost Power Development Plan (LCPDP) 2011-2031 was updated, the electricity supply interconnected system in Kenya had a total installed capacity of 1,533 MW made up of 761.0 MW of hydro...
My take on Kenya Power.
In 2011, The Least Cost Power Development Plan (LCPDP) 2011-2031 was updated, the electricity supply interconnected system in Kenya had a total installed capacity of 1,533 MW made up of 761.0 MW of hydro...
...,525 MW of thermal, 198 MW of geothermal, 5.45 MW of wind, 26MW from cogeneration and
17MW of isolated grid.
The registered national sustained peak demand was 1,178 MW.
In the updated projections, demand was forecast to be between 2,301 MW on the lower side and 2,951...
17MW of isolated grid.
The registered national sustained peak demand was 1,178 MW.
In the updated projections, demand was forecast to be between 2,301 MW on the lower side and 2,951...
...on the higher side in 2018. The reference point was set at 2,566 MW.
To cater for the energy requirements of the Vision 2030 flagship projects, amendments were made to the projected demand figures.
To cater for the energy requirements of the Vision 2030 flagship projects, amendments were made to the projected demand figures.
Most of us grew up in a 'land is the ultimate investment' culture. In some communities, you're not considered mature if you don't own a place of your own.
This 'reasoning' I believe, partly explains why the real estate market is so inefficient.
This 'reasoning' I believe, partly explains why the real estate market is so inefficient.
In the developed world, specifically in the US, the value of properties and indeed many assets, is often quoted as a multiple of annual earnings, rental yields or capitalisation rate (cap rate) if you like...5X, 10X etc.
Here in Kenya property prices are speculative in nature.
Here in Kenya property prices are speculative in nature.
People buy property not because the fundamentals make sense but because of the cliché 'you can never go wrong with real estate'. In the process, people are prepared to pay prices that don't make any sense. This explains the crazy prices in the real estate market.
