Send this article to Twitter!As I’ve said before, this professor of economics, Nouriel Roubini, is one of the few people who predicted this global financial crisis and he’s saying the worst is yet to come. This is a 5 part series. So, if you want to watch all of it, just google his name)...
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Send this article to Twitter!What is money? I pose this question in light of the current global financial crisis which is increasing inflation all around the world. I mean, many people think that money has this infinite value, but in this era of inflation, should this crisis become a lesson about why one should...
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Send this article to Twitter!So, I was visiting a friend this weekend and she started talking about Safaricom’s share price. Apparently, her brother is a member of this investment group that has bought Safaricom shares and they’re getting nervous because the share price isn’t moving up and they aren’t making any money. According to...
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Send this article to Twitter!Did anyone catch this story in the Daily Nation? Apparently, the “economists” at the Infant Mortality Fund, oh sorry, I meant to say the IMF, are now telling us that Kenya’s economy is set for boom times. Yes, people. The rest of the world’s economies maybe crashing, but not Kenya’s. ...
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Send this article to Twitter!I was having dinner with a good friend the other night and she mentioned that her 401K was taking a hit. This is the second time she’s mentioned it. I’m sure others have observed the same thing with their 401k’s. I was talking to yet another friend (who I consider...
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Send this article to Twitter!You have to watch this video. The Nairobi City Council apparently has a list of houses that are built on illegal road structures, which they say have to come down, but if this is how they are going to “attack” this problem, then they are down right crazy! They almost...
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Send this article to Twitter!The Nation has an interesting article on this new company that is trying to enter the Kenyan beer market and succeed where Castle did not by attempting to compete with EABL. What I found interesting about this article is that while EABL gets it’s barley from local farmers, this new...
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Send this article to Twitter!There’s an interesting article in Fast Company magazine on China’s foray into Africa. It’s making people nervous: “This commercial invasion is without question the most important development in the sub-Sahara since the end of the Cold War — an epic, almost primal propulsion that is redrawing the global economic map....
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Send this article to Twitter!Uhuru getting tripped up again. He is asked about the exorbitant salaries that ministers and MP’s are making. He responds by saying that parliamentarians enacted it. So what? it’s still exorbitant. Uhuru then says it’s wrong that they are making that much, but goes on to try and defend it...
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