MK254
JF-Expert Member
- May 11, 2013
- 32,408
- 50,809
- Thread starter
- #21
Investment to cherish about ni Ile inayozalisha ajira nyingi, increase productivity, bring forex, transfer science and technology, directly touch the community in social services provisions etc hakuna asiyejua main target of a credit company is to give little and harvest largest.
Bwana stop reasoning like an automated robot, study both sides of a coin, having such MNC comes with lots advantages like direct flow of capital into the country, they are also subjected to local taxes which will ultimately spur government revenue, knowledge transfer to locals, increased choices in terms of services, of-course local companies banking with MNC bank like JP Morgans opens myriad of international opportunities, think of stuffs like letters of credit to our exporters, also reduction to information asymmetries and so on
Also note there has been an upsurge of MNC opening branches in Kenya, this is an awesome indication of the confidence investors are having in our country.