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16:17
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Kenyanentrepreneur.com
Well, I guess we should talk about this “controversial” media bill. I haven’t read the entire bill because I don’t want to fall asleep. So, the information I am getting is coming from the Kenyan newspapers. According to the Nation, the law will do the following things:
Give the government the power to raid media houses [...]
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16:17
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Kenyanentrepreneur.com
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23:49
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Kenyanentrepreneur.com
I think we’ve talked about this issue on this blog before and the issue is the coalition illusions growing budget deficit. I’ve said it is going to slowly bankrupt the treasury. However, others have disputed this notion and don’t think that it’s costing that much (I believe the figure I used was that it was [...]
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23:47
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Kenyanentrepreneur.com
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11:51
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Kenyanentrepreneur.com
Who said you can’t make money being an artist?
This is an interesting video of a couple of entrepreneurial artists who design all that artwork you see painted on matatu’s. Their artwork was noticed (isn’t that a great marketing tool? having your art on all the matatus?) and they were hired by a website to do [...]
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11:50
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Kenyanentrepreneur.com
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21:54
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Kenyanentrepreneur.com
I’m sure many of you who read this title will probably be thinking the following…..”oh gee…is KE going to talk about some American farmer using science and technology and ask us why Kenyans are starving again’? sigh.
Oh no my dear Kenyan people. No mas. Not today.
Today, I am here to inform you that the most [...]
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8:37
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Kenyanentrepreneur.com
I was talking to friends last week and they mentioned how their retirement accounts were taking huge hits in this market. I then said that maybe we all need to do like the Somali’s and switch from paper money into gold. I mean, literally start wearing gold jewellry on your arms like those Somali’s you [...]
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8:36
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Kenyanentrepreneur.com
If you have a retirement account that is losing value, you must, must, watch this video. Had you watched it six years ago, you’d probably have been able to avoid some losses.
However, even if you don’t have a retirement account, you should listen to this video because I think it explains very well, why people [...]
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8:35
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Kenyanentrepreneur.com
This video is unbelievable. Here is Peter Schiff, the head of Euro-Pacific capital, predicting this financial crisis SIX YEARS AGO. Like Roubini, people laughed at this guy then, but they’re not laughing anymore.
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9:54
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Kenyanentrepreneur.com
I got this link from reading bankelele’s blog where he had a link to an article Jimnah Mbaru had written on what Kenya needs to do inorder to avoid a severe recession, which Mbaru believes is coming.
I had to read the article a couple of times because some of the sections were difficult to follow. [...]
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9:54
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Kenyanentrepreneur.com
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18:41
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Kenyanentrepreneur.com
What these MP’s are doing is now becoming comical.
Did I not tell you people almost a year ago, that Africa was not ready for democracy?
Did I not tell you people that the coalition government was an illusion that would do nothing else, but bankrupt the national treasury?
I’m beginning to sound like a broken record, but [...]
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18:41
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Kenyanentrepreneur.com
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11:58
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Kenyanentrepreneur.com
I was reading an interesting commentary in some paper the other day where someone talked about the on-going layoff’s that are taking place around the world.
This person was basically looking at the layoff’s from a point of view I have yet to hear spoken about. He or she was saying that in America especially, the [...]
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11:58
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Kenyanentrepreneur.com
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11:22
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Kenyanentrepreneur.com
Bankelele has an interesting post on brokers dwindling fortunes in light of this market slump.
The main thrust of the article is that those brokerage companies that have not been able to obtain investment banking licenses are the one’s who are going to suffer the most — mainly because all their commissions depend upon people buying [...]
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11:22
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Kenyanentrepreneur.com
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18:38
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Kenyanentrepreneur.com
Let’s hear what Dr. Doom, aka Dr. Nouriel Roubini has to say {again} about this economic crisis. It’s amazing how his predictions keep coming true.
His next prediction? deflation (someone please feel free to explain that).
http://www.youtube.com/watch?v=z6cyOtGnhyQ
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19:02
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Kenyanentrepreneur.com
I was having a discussion last night about these Somali Pirates and how succesful they’ve been in terms of getting millions of dollars from the ships they’ve hijacked. I think so far, the Somali’s have gotten about $150 million dollars in cash! wow!
Anyway, someone mentioned that Mombasa is about to experience a real estate property [...]
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18:27
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Kenyanentrepreneur.com
In this world, people who complain about paying taxes can be divided into two classes: Men and Women.
I must say, that after the former MP’s were voted outed in such large numbers, I thought these new set of MP’s would become more attuned to the overwhelming public pulse about this issue of taxes, but it [...]
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18:42
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Kenyanentrepreneur.com
Kenyanpundit has a post on Mama Mike’s expansion their product line and I guess they’ll now be selling goats on-line. Piggy backing on this post and in an attempt to broaden this discussion, I want to talk about the potential growth of ecommerce in Kenya ( I have to talk about it here since I’ve been banned [...]
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18:40
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Kenyanentrepreneur.com
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11:50
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Kenyanentrepreneur.com
There’s an interesting story in BD Africa today about the resignation of the CEO at the NSE. Mwebesa hasn’t been at that job for a long time (about 3 years) — so why is he running away? Does he want to use the connections his made to make more more money? Who knows.
Every time I read about these supposed [...]
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20:51
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Kenyanentrepreneur.com
I want to move away (for one moment) from talking about global economic crashes, devalued currencies, war lords, machete’s and William Ruto. I need a break.
I want to talk about you — the readers and commentators on this blog. Who are you and what are you about? And I want you to answer these questions, [...]
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19:31
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Kenyanentrepreneur.com
http://www.youtube.com/watch?v=e_anjGPLCD4
I am surprised that this story about a couple of Italian nuns who were abducted from El-Wak in northeastern province, is not on the front pages of the Kenyan dailies (continuously).
What these Somali Islamist group did is very dangerous. They essentially crossed the border into Kenya, abducted these nuns and took them back to Somalia. [...]
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7:54
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Kenyanentrepreneur.com
I must say that I was in a state of euphoric shock last night as I was watching Barrack Obama’s elevation to becoming the most powerful man in the world. I told someone yesterday (as I was watching his acceptance speech) that I felt like I was going through both a physical and spiritual [...]
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22:17
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Kenyanentrepreneur.com
Ah Safaricom.
Safaricom, Safaricom, Safaricom.
Bankelele is freaking out because the shares of Safaricom keep a tumbling.
Didn’t we not disclose here (oh..about 2 weeks ago) that Safaricom had failed to reveal a huge debt on it’s books?
But don’t mind me because the funny-mentals fundamentals are always strong and since the shareholders attend annual meetings where they get [...]
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22:17
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Kenyanentrepreneur.com
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21:27
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Kenyanentrepreneur.com
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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18:36
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Kenyanentrepreneur.com
It looks like we have a problem. William Ruto’s name keeps popping up all over the place whenever these independent commissions are formed to find out who was behind the planning of the violence. At some point, this guy is going to start running out of excuses. He (along with his Kalenjin brethren) were involved [...]
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13:33
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Kenyanentrepreneur.com
There’s an interesting article in BD Africa about the growing demand of the MBA degree in Kenya, which is now being fueled largely by part-time students. I can see why the MBA has become such a popular degree to puruse: it’s the easiest option for those who want to get the high paying career.
Let’s face [...]
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13:33
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Kenyanentrepreneur.com
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12:34
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Kenyanentrepreneur.com
Here they go again. This time it’s the stockbrokers who are hyperventilitating about the bearish stock market. They want people to start buying those stocks, darn it! Remember how these brokers make money: By charging you (the consumer) exorbitant commissions to buy and sell shares. Whether you make or lose money is irrelevant to them. [...]
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19:03
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Kenyanentrepreneur.com
The U.S. presidential election is heating up and I am now more and more convinced that Obama is going to win and as I was thinking about this historic shift that is about to take place in America, I had to connect it to the war in Iraq. Yes, Obama, has shown considerable political skill, [...]
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20:35
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Kenyanentrepreneur.com
This summer, a friend of mine was visiting from Kenya and we got into a discussion about the booming real estate market and the growing economy. During this discussion, she said that her observation was that a lot of people were living off loans because she just couldn’t figure out where they were getting the [...]
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9:15
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Kenyanentrepreneur.com
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 always convert this “paper” called [...]
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19:57
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Kenyanentrepreneur.com
So, someone on this blog called “working stiff” left a comment where he/she predicted that this global financial crisis would have an impact on the Kenyan and he/she gave the example of remittances (he/she predicted that they would go down).
This week, the chairman of the NSE, in talking about the recent slump at the exchange, [...]
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19:57
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Kenyanentrepreneur.com
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20:04
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Kenyanentrepreneur.com
This video is making the rounds on the internet. It’s “pastor” Thomas Muthe.he.he. blessing Sarah Pain-me and praying to the “lord” to help them rebuke witchcraft.
Pailin shows up towards the end of the video to receive her blessing and to allow pastor muu-muu to cleanse away those witches from… I don’t know. Her head? or [...]
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12:21
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Kenyanentrepreneur.com
There’s a story in BD Africa about banks in Kenya finally getting the go ahead to be able to buy and trade bonds between and amongst themselves without having to go through the NSE. Everyone knows these brokers are taking people for a ride with their exorbitant fee’s and I’m glad to see the bankers [...]
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21:47
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Kenyanentrepreneur.com
William Ruto is now telling the people in the Mau Forest not to leave even if they’re forced to by the government. He has also agreed to take personal responsibility for their non-eviction. What does he mean? is he going to buy them guns and tell them to fight the army?
Who does this guy think [...]
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21:45
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Kenyanentrepreneur.com
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 an article in BD Africa:
“Despite [...]
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19:20
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Kenyanentrepreneur.com
Well, it looks like Kenya will feature prominently in this year’s U.S. presidential election. First, we got Obama and his Kenyan roots and now, the Vice -presidential nightmare, Sarah Pain-me, is attributing her selection as VP, to a preacher in Kenya who founded his ministry based on a story about a witchhunt. The story? He [...]
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19:04
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Kenyanentrepreneur.com
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. Am I crazy or are [...]
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19:04
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Kenyanentrepreneur.com
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20:35
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Kenyanentrepreneur.com
In reading the newspapers this month, it’s becoming quite obvious (and perhaps even scary) that this man Muthaura is increasingly taking on roles that the president should be performing. What’s happening to Kibaki’s brain? has it finally relented?
Usually, to succeed in government, you need to surround yourself with people who possess two unique skill sets. [...]
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20:48
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Kenyanentrepreneur.com
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 to be a semi-expert on finance) [...]
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20:27
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Kenyanentrepreneur.com
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19:07
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Kenyanentrepreneur.com
During Moi and Biwott’s time, the NSSF was used as a personal piggy bank to finance their political operations and in the case of Biwott, to fund his various private businesses. The worst thing about this, is that the NSSF contains people’s retirement funds - money that people are hoping to rely on when they [...]