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17:38
From: Black Looks
Read This Entry & More At Black Looks
Today is the first year anniversary of Kym Platts’ blog “AskThisBlack Woman” - congrats to Kym but most of all from me personally thanks for your contribution to Black Looks and for having the courage to speak out for what you believe in.
Yesterday Kym posted a piece about a game called Resident [...]
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15:57
From: Kenyan Pundit
Read This Entry & More At Kenyan Pundit
The first series of talks from TED Global have been posted, so you can now all see what we were raving about. Two of my favorites are up - Ngozi Okojo-Iweala’s nuanced summary of the themes that permeated the conference (best line - infrastructure, infrastructure, infrastructure) and William Kakwamba’s earnest story of his [...]
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13:52
From: Mount Kirima
Read This Entry & More At Mount Kirima
One of the promises I made to myself when starting this blog was to avoid writing political posts since I often don’t have the passion to argue with the various shades of opinion that may arise from my views. That said I have been rudely awakened by some of the events that are occuring in our country over the last 2 weeks. Undoubtedly everyone has heard of the salary award in disguise of a winding up allowance that the Minister of Finance was trying to sneak into parliament. Many people have had alot about to say on this matter and almost all the commentators are understandably sick about this 9th Parliaments sheer greediness.Unfortunately alot of the political debate in this country is centred around personalities and parties which tends to cloud the issues and principles that should be at the centre of the business of government. I have long held the view that parties in Kenya are basically meaningless camps which politicians can use and misuse at leisure and are neither based on common values or visions the only purpose they serve is as vehicles to political power. Therefore to me the whole lot are basically just the same.My worry is that Kenyans have abdicated the role of being masters of their own destiny and handed it over to our leaders. The powerful Presidency has always been (mostly rightly) seen as the biggest hinderance to Kenya acheiving true democracy and economic development thus there has been constant clamour to reduce these powers.There have been moves to enhance the independence of the judiciary so as to serve as a check, There has also been a clamour to enhance the power of Parliament so that it can serve as a safeguard againist executive excess which are all good measures. A strong and independent Parliament since they are supposed to be representing the voice of the electorate. To enable them to be more independent a Parliamentary Service Commission was created which was to look into the terms and conditions parliament including renumeration. Although all these measures were enacted in good faith and with the intention of improving governance the current ‘peoples representatives’ have taken it as a vehicle to improving their personal worth.Where does that place the common mwananchi? Who will speak for him if his representative is busy speaking for himself? My belief is that we cannot complain about poor representation if we are the same ones who vote them in time and time again. It is high time we stopped being just mwananchi wa kawaida and become the masters of our own destiny by making the right choices.I strongly hold the view that the problem in Kenya is that we have tended to look up at the leadership to take us to promised land forgetting that it is we who should be the drivers. We must start making the right choice if we choose the right leaders according to their demonstrated values we will end up with the right leaders. Instead we tend to look at what tribe, party, family the aspirant comes from. It has been said that the problem we have is the flawed constitution but I don’t think so. We cannot forget that in 2002 we were able to change the government by just our collective will even with all the oppressive forces brought on by the executive and a flawed constitution. So anything is possible if we as Kenyans have the will. Of course all did not go well after that but it at least demonstrated what we are capable of acheiving and from what we have learned from the leaders we must avoid making the same mistakes.Making the right choice shouldn’t be too hard all it requires is for you to examine your most sincere values and if you think the candidate has demonstrated those values and will be honest to those values then you should vote for him/her and hold them againist those promises.So as we rant (rightly) againist the outrage that the greedy bunch at parliament are trying to achieve we must remember that it is you and me who hold the keys to their return. Let us all watch carefully how each and every MP will be voting on this manner and use that to help us make the RIGHT CHOICE!
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13:16
From: More to Life
Read This Entry & More At More to Life
My previous post expressed clearly what I thought of the proposed send off packages those men and women in parliament had proposed for themselves. Then come these shenanigans. Why, oh why did these people feel they needed to do this? They are so much worse than those who stayed at home and did nothing. The law is not a suggestion. Especially one that requires that you alert the police force of where a possible huge crowd will gather. The reasons are obvious. Kenyan crowds historically get rowdy, out of control, burn innocent by passers cars and destroy property. Alerting the police will ascertain that they are made aware of a gathering and available if and when needed as a result of it. Breaking the law to voice one's dissatisfaction is all dumb. It is exactly the case of a tainted witness. Once your credibility is shot, you have no value. Acts of lawlessness like these actually justify the send off these members are about to apportion themselves. If compensation is to be matched with how much crap one has to put up with, then these kinds of behaviour justify their move. I'm aggravated by these people. And every newspaper and column and blog that wants to portray them as innocent victims. You break the law, you deal with the consequences. Ignorance or purported privileged class citizen membership is no excuse. These people deserve to be in jail, arraigned and fined or imprisoned, whatever the penalty is for the crime. As for Mrs. Ngilu, her family should really consider seeking her psychiatric help. By all means, that is not 'normal' behaviour. And her recent actions have been less than functional. She is singlehandedly justifying all those who claim women cannot make good leaders because they are emotional. I hope brigadier Ali is working on bringing her in with the huge allegation of aiding a fugitive escape. How a person who runs for the post of president is completely unable to respect the law just baffles me. I thought I was disgusted with those MPs but I am sure much less irritated by them than these so called deliverers. And the media outlets portraying them as martyrs. Please! These are criminals. They are breaking the law, that's all. I wish they hadn't "helped". If you can't do it right, sit your butt at home. And anyone follow the law or suffer the consequence. And anyone interested in good governance of any institution should be backing that claim all the way. And people scoff when Kibaki calls them wapumbavu. If the shoe fits... As for those in Mathare, as unfortunate as it is that a 2 year old died, I refuse to be dragged into the foolhardiness of blaming GSU for using tear gas canisters. At what point do we bestow responsibility on the citizens themselves? They expect that KPLC should have let them continue stealing power? They want justice? they should name their landlords to the police so that we know whom to penalize for all the theft that the other power consumers have had to pay for over the years. And they need to know better than to start riots. Rioting crowds must be dispersed! What do they propose the GSU do? Approach each one and over a drink of Fanta urge them to go home? Seriously! Let's all be responsible. It's our own individual duty to assess a situation and understand its path and consequences. And hence, avoid those that end badly. On some level, the government,they police the MPs and all serving civil servants cannot be to blame for all the stupid things we do as a individuals and as groups of people.
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10:36
From: You Missed This
Read This Entry & More At You Missed This
I will issue a statement here tomorrow concerning the heated issue of the controversial Murungaru post which seems to have angered Vikii although the hurtful comments targeted everybody and mostly Kumekucha himself (read it again and see for yourself). Without tolerance for other opinions and especially at this elite level, there will be no hope for the rest of Kenya. Please let us not get abusive, let us debate, let us present facts. Let us listen to others. It is what made the Greeks great. The reason why I cannot address this Murungaru issue today is because I am chasing a very BIG story for this blog. I believe I will get the facts in that story which will shock many of you. I take this opportunity to thank you all for this healthy debate that has gone many notches higher over the last week or so. Meanwhile I humbly appeal to all friends of Kumekucha to pray for the speedy recovery as well as release from police custody of Mwalimu Mati and other civil rights patriots who respresented us at parliament buildings yesterday and took the cuffs and brunt of police harassment on our behalf. Take heart, all, God will deliver Kenya. All for the love of the motherland. -Kumukucha- Accommodation in MombasaNew SMS campaign technique for Parliamentary and presidential elections in Kenya
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10:28
From: Walk of Kings:
Read This Entry & More At Walk of Kings:
The Glory of Zion ~1 "Arise, shine, for your light has come,and the glory of the LORD rises upon you. 2 See, darkness covers the earth and thick darkness is over the peoples, but the LORD rises upon you and his glory appears over you. 3 Nations will come to your light,and kings to the brightness of your dawn. 4 "Lift up your eyes and look about you:All assemble and come to you; your sons come from afar, and your daughters are carried on the arm. 5 Then you will look and be radiant,your heart will throb and swell with joy; the wealth on the seas will be brought to you, to you the riches of the nations will come.Isaiah 60:1-5 (New International Version)
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9:49
From: White African
Read This Entry & More At White African
One of the reasons that so many people re-attend TED conferences is because the talks are so incredibly powerful. Here is George Ayittey, speaking with all the fire, passion and visually creative language that inspired so many of us:
I know not everyone agrees with my sentiments about George Ayittey’s explanation describing the differences between the “cheetah” and “hippo” generations in Africa. However, the discussion on this has just begun. TED has just released the new TED Talks videos that were shot at TEDGlobal in Arusha in June.
Look for more TED Talks coming out this week. Let’s hear what everyone else has to say after seeing and hearing these talks for the first time!
[Extra: Catch another interview of George Ayittey on PBS by Bill Moyer]
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9:16
From: For Love and Money
Read This Entry & More At For Love and Money
My first day at work after being away for five weeks saw me being called in for a drugs test. I had just finished my lunch and I was immersed in work when my phone rang. I glanced at the number and saw that it was from the nurse. This was the second call in a span of less than two months. Before this, I have never been subjected to any drug testing. Basically, after the call, you are required to avail yourself to the nurse within two hours to hand over the contents of your bladder. Without much thought, I told the nurse I will see her after I was done with what I was working on. More than three hours later, just as I sat into my desk I got another call from the nurse. I had been so busy, that I forgot all about the first call. After the two hours was over, they had frantically started to look for me. Even HR had joined in the search to try and locate me. What made it worse was that my cell phone was turned off as I was in a meeting. As soon as I got the second call, I quickly made my way to the nurse’s office. Having done this before, I washed my hands, signed the necessary paper work, made my way to the toilet and relieved myself into a plastic beaker. I find it odd that the testing coincided with my first day at work after vacation. The fact that I have never taken drugs makes it even more futile that I have been randomly selected for the second time in a span of two months. Had I smoked the marijuana that I was offered when I was in Kenya, it would have been a different matter for me. Even more odd is the fact that my work does not involve operating machines that would make it unsafe if I were intoxicated. It’s not like I’m going to use the keyboard or my mouse to hurt people at work. There may be more to drugs test other than safety reasons, but the testing needs to be well thought of. From what I've heard from other people at work, you end up being called several times for the random drugs test. So I can be sure to expect another call in the not to distant future. It's almost like you get tested several times unti they catch you or they give up. I know it's illegal to take drugs and I don't support the taking of drugs, but it’s in cases like these that I’m in agreement with the nothing-better-to-do ACLU.
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7:29
From: Bizmambo
Read This Entry & More At Bizmambo
While you’re revamping your resume or cover letter or constructing your proof-by-example stories for interviews, you’ll find you need to watch your word choice. Why? Communication is powerful if the words we use to communicate are powerful. That’s not all it takes, but the right words make for a good beginning. So as you craft achievement statements or write paragraphs that sell your skills or draft interview responses to knock the employers’ socks off, consider these suggestions: - Use verbs in active tense, not passive tense.
- Use verbs that convey power and action.
- Use verbs that claim the highest level of skill or achievement you can legitimately claim.
- Use verbs to accurately describe what you have done on the job.
- Use adjectives and adverbs sparingly, but when you use them, use them well.
- Use nouns that are as specific and as descriptive as possible.
- Use numbers whenever possible.
- Use the most impressive (and still honest) form of the number you use.
- Never lie! It IS NOT worth it. It WILL catch up with you.
- Proofread all your verbs and nouns for agreement, tense and appropriateness.
Here, then, are 175 powerful verbs and phrases to make use of in resumes, cover letters and interviews: - abated
- abolished
- accelerated
- accomplished
- achieved
- actively participated
- administered
- advanced
- advised
- aggressively analyzed
- applied
- assumed a key role
- authored
- automated
- built
- hired
- closed
- coached
- co-developed
- codirected
- co-founded
- cold called
- collected
- co-managed
- communicated
- completed
- computerized
- conceptualized
- conducted
- consolidated
- contained
- contracted
- contributed
- controlled
- convinced
- coordinated
- cost effectively created
- critiqued
- cut
- dealt effectively
- decreased
- defined
- delivered
- designed
- developed
- developed and applied
- directed
- doubled
- earned
- eliminated
- emphasized
- enforced
- established
- evaluated
- exceeded
- executed
- exercised
- expanded
- expedited
- facilitated
- filled
- focused
- formulated
- fostered
- founded
- gained
- generated
- ground-breaking
- headed up
- helped
- identified
- implemented
- improved
- increased
- initiated
- innovated
- instituted
- instructed
- integrated
- interviewed
- introduced
- investigated
- lectured
- led
- leveraged
- maintained
- managed
- marketed
- motivated
- negotiated
- orchestrated
- organized
- outmaneuvered
- overcame
- oversaw
- penetrated
- performed
- permitted
- persuaded
- planned
- played a key role
- positioned
- prepared
- presented
- prevented
- produced
- profitably
- project managed
- promoted
- proposed
- prospected
- protected
- provided
- published
- quadrupled
- ranked
- received
- recommended
- recruited
- reduced
- removed
- renegotiated
- replaced
- researched
- resolved
- restored
- restructured
- reversed
- satisfied
- saved
- scheduled
- scoped out
- selected
- self-financed
- set up
- sold
- solved
- staffed
- started
- stopped
- streamlined
- substituted
- supervised
- taught
- tightened
- took the lead in
- trained
- trimmed
- tripled
- troubleshooted
- turned around
- upgraded
- yielded
While you certainly can use the list anytime you’re looking to say something in a more powerful way, you can also use it to help jog your memory about accomplishments on present and past jobs that you might otherwise overlook. Also, consider using the list to help you refine your resumes and cover letters to be more powerful in their presentation and communication.
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7:06
From: My Africa Today
Read This Entry & More At My Africa Today
Looking for facts about Africa? You are in the right place! Whether you need information for a report, want to know more about Africa for decorating purposes, or are just curious about this amazing continent, this article is a great resource. With many great African facts condensed into just a few paragraphs, this article will make you knowledgeable about this corner of the world in no time at all! Our first set of facts about Africa includes just the basics to get you started. Africa is the second largest continent in the world, with Asia being the first. It is also second only to Asia in terms of population. It is home to more than 900,000,000 people and accounts for 14% of the world’s population. Africa boasts the widest range of wild animals, ranging from carnivores to rare amphibians. This is due partly to its wide climate range, with deserts and jungles alike. Our second set of facts about Africa applies to the continents history. Among the scientific community, there is a consensus that Africa is the original home of the human race. Fossils and evidence have been found there that date back to seven million years ago. Proof of our evolutionary ancestors has also been found there, making this a hotbed of science and, essentially, the cradle of our civilization as we know it. Our next set of facts about Africa applies to the cultural aspects of the continent. Because there were so many ancient tribes in Africa at one time, the culture varies quite a bit from country to country. Different art forms, musical techniques and religions pepper the land of Africa. From Egypt to South Africa, the continent is diverse and constantly changing. The countries of Africa are slowly but surely entering the urban age and adopting globalization and the traditions of more westernized areas. Our final set of facts about Africa is about the name “Africa” itself. Some people believe that the word Africa comes from the Latin word “aprica”, which means “sunny”. Others say that it comes from the Greek word “aphrike”, which means “without cold”. Another interesting theory comes from Roman history, which says a large portion of people who lived in northern Africa were named “afri” when the Romans happened upon them. The Romans supposedly applied their suffix “ca”, which means “country” or “land”. Whatever the reason for the name, we now know Africa as a beautiful and diverse. Customize your mobile with your Complimentary Ringtone!
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6:36
From: Mentalacrobatics
Read This Entry & More At Mentalacrobatics
How do you protect a country from a corrupt legislature? This is the question that all Kenyans with an interest in the future of their country must begin to tackle.
Civil society and activists in Kenya, as in the rest of Africa, and indeed the rest of the world, are by default tuned to check the excesses of the executive branch of government as it is usually the one with the most power and where the majority of corruption originates.
Kenyans after decades of systematic wide spread corruption under the Moi regime and the less than rosy record of the current leadership have good reason to be wary of the executive. However what is becoming increasingly clear is that the legislature, the very body mandated to keep the executive in check, is becoming THE MAIN CAUSE of systematic officially approved corruption in our nation.
A change on focus is required. Let me be clear, I am not talking only about MPs who support the government or MPs who stand in opposition. I am talking about the whole lot, the legislature as a body, all of them, together, as a collective, are symbolic of greed of the highest order. The latest example, the disgusting pay rises MPs are threatening to award themselves.
Where do we even start with these Members’ of Parliament in Kenya? These days I rarely get shocked and angry about Kenyan politics, not because there is nothing to get shocked and angry about but because we have seen it all before. This parliament, the most educated parliament we have ever had, is a disappointment beyond words. This latest proposed pay package they are threatening to award themselves is disgusting. Nothing more nothing else.
From The Daily Nation
At a time when Kenyans are being told to tighten their belts; when urgent development projects are on hold for lack of funds; when workers in key sectors in the public service are being denied the pay rises they deserve, it becomes not just heartless, but criminal, when MPs award themselves hefty sums at will.
Criminal indeed.
For a comprehensive view of just how disgusting this is read the following excellent post on the Mars Group blog.
Our view is that it is criminal for 222 MPs in the 9th Parliament to conspire against over-burdened Kenyan taxpayers by plotting to award each other Ksh 1.4 billion - an amount equivalent to the annual disbursement under the famous Youth Fund; which was intended to raise 79.1% of the population of Kenya who are youth out of poverty. 222 MPs want to award themselves an amount equivalent to what they gave to 21,248,984 Kenyan youth. A shocking example of raw greed.
Yes MPs want to award themselves the same amount of money they felt fit for ALL the youth in Kenya.
What is even more disgusting is the underhand way in which the government (as it is the one which proposed the bill) tried to sneak this past us hiding it us an amendment to an existing Miscellaneous Amendments Bill. Disgusting and underhand. What was even more disgusting was how our MPs, having heard that their allowances were to be voted on, all trooped into the chamber, and when then realised the Attorney General was not present and the matter could not go to the vote, all trooped out. Did it not cross their minds that they could actually sit and contribute to a debate that was not centred on their pay packages?
MPs MUST reject this proposal if it ever comes up in parliament. It will be impossible to take seriously ANY MP who supports this proposal; leave alone complete muppets like Madoka who thinks it is too LITTLE!
He said the commission had gone around the country and that Kenyans had given their views, saying their MPs’ pay should be increased and that they should receive a gratuity so that they could live a good life after Parliament.
LIES! Which Kenyan today, who knows how much these MPs are paid, thinks MPs are paid too little? Disgusting lies!
Yesterday lobbyists Ann Njogu, Okoiti Omtatah, Mwalimu Mati and Vicky Mbeca were arrested when police intercepted the demonstrators on Parliament Road and fired three tear gas canisters at them. Release them now.
A national conversation needs to start immediately on how to protect our country from our parliament.
© Mentalacrobatics for Mentalacrobatics, 2007. |
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4:55
From: KA-INVESTOR
Read This Entry & More At KA-INVESTOR
 The just concluded acquisition of Homegrown {a Kenyan flower company} by Finlay Ltd could have as well just taken place in Europe. Both firms are 100% foreign owned and this acquisition will neither affect their local operation nor the management style. they call it "complementary acquisition". Infact non of the horticultural firms are listed in the NSE and the only way kenya benefit from it is through the taxes they pay to KRA or the casual labourers at the flower farms {who are really expoited}. I came a cross this old article from the Standard and i could not help but feel a pitty for kenyans. they say 'kenya ina wenyewe' and for sure wenyewe ni wazungu. Can't the Government pass a law that will ensure ownership of firms in kenya are either fully by kenyans or majority share holders are kenyans? On other news: -Subscription for Kenya Re IPO ended yesterday and retail investors may have oversubscribed their allocation by over 100%. So just wait for 1,000 or less shares and a refund cheque. {oops} - Apparently coal deposits have been found in Kitui and Makueni. I just hope this will change the fortune of the people in this Areas. - Digital villages centres will be in operation in 100 days, says the governement. {remember we were also promised a new constitution in 100 days by the same guys in 2002} - and in Uganda a microfinance is trying to pull a ' Cruiz ship' kind of job applications where applicants are asked to pay Ugsh.20,000 each. Already 6,000 guys have been short listed. {i feel sorry for them}
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3:49
From: White African
Read This Entry & More At White African
Hugh McLeod of Gaping Void is a cartoonist and blogger of some note - especially within the blogosphere. His ties to Africa are that he spent the first 4 years of his life there, and that he has made Stormhoek Wine into a worldwide case study on how companies can benefit greatly from blogging.
He’s the keynote speaker at the real estate conference that I’m attending this week in San Francisco. Through a chance encounter I had the opportunity to spend a good hour or two talking over a drink. It was really quite interesting hearing his views on the rules that govern A-list blogging, discussing the pros and cons of our boarding school experiences and me learning a great deal about the hard work behind cartooning.
Quote of the night (Twittered by Hugh):
“Authority is 80% compassion”
It makes sense - think of “the Godfather” movies and you’ll get it. Apply that thought to how you deal with people in real life, and within the blogosphere.
Hugh, when you make a cartoon for that saying, let me know.
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3:00
From: tHiNkEr'S rOoM
Read This Entry & More At tHiNkEr'S rOoM
My thoughts on Kenyan MPs are well known. I cannot think of a single good thing about those useless doofuses. The best present that they can give Kenyans is their immediate and permanent absence. I would very much like the gentleman who had the temerity to defend those chocolate teapots ...
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0:36
From: assidous
Read This Entry & More At assidous
This is a forward that is going round the net. I think it has a ring of truth to it.
HOW TO RECRUIT THE RIGHT PERSON FOR THE JOB?
Put about 100 bricks in some particular order in a closed room with an open window.
Then send 2 or 3 candidates in the room and close the door.
Leave them alone and come back after 6 hours and then analyze the situation.
If they are counting the bricks. Put them in the accounts department.
If they are recounting them.. Put them in auditing.
If they have messed up the whole place with the bricks. Put them in engineering.
If they are arranging the bricks in some strange order. Put them in planning.
If they are throwing the bricks at each other. Put them in operations.
If they are sleeping. Put them in security.
If they have broken the bricks into pieces. Put them in information technology.
If they are sitting idle. Put them in human resources.
If they say they have tried different combinations, yet not a brick has been moved. Put them in sales.
If they have already left for the day. Put them in marketing.
If they are staring out of the window. Put them on strategic planning.
And then last but not least. If they are talking to each other and not a single brick has been moved.
Congratulate them and put them in top management.
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0:14
From: bankelele
Read This Entry & More At bankelele
Before he went to satellite, radio mega star Howard Stern would occasionally get into hot water in some US cities over the content of his show. This would be manifested by busy bodies in some towns starting a petition/protect outside the station re-broadcasting his show and occasionally threatening to boycott local sponsors of the show. Stern's usual answer to this (besides accusing these groups of racketeering) was to ask his listeners to support the local sponsors of the show (in their towns/regions) by giving them business and mentioning that they had heard about them from listening to the show. Anyway, I also read yesterday how a major league blogger - John Chow acknowledges sponsors and thought it would be a good time to do the same. So Thanks to; Mama Mikes: who have a new promotion where all phone airtime ordered before 5 PM (Kenyan time) is topped up on the same day. Also, several phones can be topped up in one order, all for only $2.49 Business Post: A reminder that not all good writing is online; this monthly magazine offers a great collection of Kenyan business stories. TED: Thanks for the invitation to TED Global Arusha. They have now begun to stream some of the most popular talks from the conference, starting off with George Ayittey, William Kamkwamba and Ngozi Okonjo-Iweala. These three talks were among the memorable. Ghanaian economist George Ayittey coined the race in African between the hippo and cheetah generation of leaders, while William Kamkwamba, a 19 year old Malawian embodies this as an inventor of a electricity producing windmill out of scrap metal. And former Nigerian Finance Minister Ngozi Okonjo-Iweala, famous for fighting corruption and restructuring her country's debt, who rightly put an end to the aid vs. trade debate by reminding us that both are needed. These should be up on Wednesday afternoon with a fourth from Euvin Naidoo - President of the South African Chamber of Commerce, America on strengthening meaningful corporate ties across the Atlantic. Readers i.e. you, but especially commenters. No one has a monopoly on information, and I learn so much from comments on investments, and perspectives from readers. I’ve said it before, but anonymous comments are given less weight, no matte how insightful they are – so try and register/come up with a name e.g. bankelele to leave comments and so we can interact better. Networking - Linked In: I have not responded to some invites from people on Linked In. I apologize for not following up as I am not keen on that networking aspect – yet - Pajama Nation - micro jobs and freelance work site. - piloting request: any ideas where a Kenyan 'A' student with a passion for flying can obtain piloting scholarship? All on July 31 election 2007 registration closed. If Oprah (no comparison) can endorse a candidate (Obama), then so can I - I support and will be voting for Jonathan Mueke who will be going up in a real David vs. Goliath battle in Westlands constituency. Good luck in party elections which can be more significant than the real election. Best wishes - Bwana J Kenya Re IPO closed Uchumi shareholder loan deadline passed. What's the future like for shareholders? Delta Airline (US) is a far different company in another country (different laws), but which emerged from a similar reorganization to chart a new direction. For Delta shareholders; - The company will issue new shares to claim holders (previous debt holders) as part of its reorganization. - Other claims remain in dispute. - Previous shares were canceled and holders of those shares received nothing in the reorganization.
Read the complete article at
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