0
why are kenyan market not well developed
Wiki User
∙ 10y ago
Add your answer:
Earn +20 pts
What are the Characteristics of money markets in Kenya?
value
Why capital markets are more developed in Kenya than money markets?
Central Bank has facilitated the development of these markets by providing a conducive atmosphere for setting up financial institutions which avail long finance on long term basis such as building societies and Mortgauge houses. Longterm finances available in the capital markets are relatively cheaper. There is less misuse of funds from capital markets as they are available in form of fixed assets Easy access as goodwill of the borrower may not be neccessary and securities may not be needed.
What is money like in Kenya?
Like all countries, Kenya uses a variety of paper money and metal coins. A sample of kenyan paper money can be found on http://atsnotes.com/catalog/kenya/kenya.html
What are Kenya's main plants?
money trees
What is the type of currency in Kenya?
The currency of Kenya is the Kenyan shilling(code: KES).
What are the Characteristics of money markets in Kenya?
value
What are the reasons why the money market is not fully developed in Kenya?
1. Poverty levels are high in Kenya 2. Ignorance among the citizens 3. The central bank favours capital markets rather than money markets. 4. The costs of borrowing are high hence few people borrow 5. There are superstitons about the money markets among the people. Eg many believe that loans are evil
Why capital markets are more developed in Kenya than money markets?
Central Bank has facilitated the development of these markets by providing a conducive atmosphere for setting up financial institutions which avail long finance on long term basis such as building societies and Mortgauge houses. Longterm finances available in the capital markets are relatively cheaper. There is less misuse of funds from capital markets as they are available in form of fixed assets Easy access as goodwill of the borrower may not be neccessary and securities may not be needed.
Does Kenya use money?
Kenya uses Shillings
What kind of money does Kenya uses?
The official currency is the Kenya Shilling.
What is money like in Kenya?
Like all countries, Kenya uses a variety of paper money and metal coins. A sample of kenyan paper money can be found on http://atsnotes.com/catalog/kenya/kenya.html
Why banks have not eliminated the need for the money markets.?
Banks ARE the money markets. They are hardly likely to eliminate themselves.
How Kenya makes money?
From Tourism
Crops that are sold for money on world markets?
Crops that are sold for money on world markets are called cash crops.
Can the Olympics be held at Kenya?
There is no rule that excludes Kenya. But the problem is Money. The cost of the games (stadium builds, security, infrastructure) runs into billions of dollars. Kenya just doesn't have that kind of money to spare.
What sort of money does kenya use?
a dolar
What are Kenya's main plants?
money trees
