Home SK - Stocks, Property, Investment Chamas - Investment Groups BIZ - Small Business Soko - Market Wazua Life About Wazua
SIGN IN REGISTER
Sunday, Sep 19, 2021
Investor
We’re investing funds for profit. Join us and wazua!
LATEST DISCUSSIONS
Treasury Bills and Bonds [1523]
Kenya Airways...why ignore.. [15259]
Briatm, Britam, Britam sounds like sweet candy! [1280]
STOCKS TO SELL by yaserbigchair [1198]
CIC Insurance 2019 [159]
KENGEN 2021-2025 [4]
Eye on I&,M ... [169]
KenyaRe FY19 - FY23 (Both Inclusive) [698]
WPP ScanGroup Plc FY 2019 [102]
KCB 2018 and Beyond [568]
Mumias Sugar huge demand [2904]
Nakumatt: Another ailing Kenyan company [723]
Exchange Bar: Results forecast [2354]
411 on dividend and AGM [1085]
Safaricom....Collymore Successor Yes Kenyan Can [117]
 
Forum Jump








Welcome Guest Search | Active Topics | Log In | Register

EAC monetary UNION
mufasa
#1 Posted : Monday, May 10, 2021 2:53:25 PM
Rank: Member


Joined: 4/15/2008
Posts: 185
What is the likelihood of EAC achieving a monetary union by 2024 given the way different regimes are pulling esp with regards to taxation.
Establishment of a stable Monetary Union requires a strong institutional framework to monitor and enforce convergence but this too is looking elusive.

looking at the forex market of these 6 countries and the business between the countries, it seems likely that we can get a monetary union. However, it seems to be a case of the body is willing But the spirit is weak.


what's your take?
Do it today! Tomorrow is promise to no-one.
Ericsson
#2 Posted : Monday, May 10, 2021 4:27:43 PM
Rank: Elder


Joined: 12/4/2009
Posts: 9,844
Location: NAIROBI
mufasa wrote:
What is the likelihood of EAC achieving a monetary union by 2024 given the way different regimes are pulling esp with regards to taxation.
Establishment of a stable Monetary Union requires a strong institutional framework to monitor and enforce convergence but this too is looking elusive.

looking at the forex market of these 6 countries and the business between the countries, it seems likely that we can get a monetary union. However, it seems to be a case of the body is willing But the spirit is weak.


what's your take?


We are still far from a monetary union.
The exchange rates of the member countries to each other is also an issue.
Wealth is built through a relatively simple equation
Wealth=Income + Investments - Lifestyle
sparkly
#3 Posted : Thursday, May 13, 2021 4:40:11 PM
Rank: Elder


Joined: 9/23/2009
Posts: 7,996
Location: Enk are Nyirobi
mufasa wrote:
What is the likelihood of EAC achieving a monetary union by 2024 given the way different regimes are pulling esp with regards to taxation.
Establishment of a stable Monetary Union requires a strong institutional framework to monitor and enforce convergence but this too is looking elusive.

looking at the forex market of these 6 countries and the business between the countries, it seems likely that we can get a monetary union. However, it seems to be a case of the body is willing But the spirit is weak.


what's your take?


Anything is possible since Suluhu is playing ball.
Life is short. Live passionately.
Users browsing this topic
Guest
Forum Jump  
You cannot post new topics in this forum.
You cannot reply to topics in this forum.
You cannot delete your posts in this forum.
You cannot edit your posts in this forum.
You cannot create polls in this forum.
You cannot vote in polls in this forum.

Home | . .. Investor | .. . Groups | .. . SME | . . . Market | .. . Club SK | . ..... About Wazua | . .. Search | . ..Sitemap | . ..Support | . ..Disclaimer | . ..Privacy Policy | . ..Terms of Use | . .. Contact Us
Copyright © 2021 Wazua.co.ke. All Rights Reserved.