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RIBA CAPITAL

  • Permalink for 'RIBA_CAPITAL/2008/01/02/____KENYA_02_01_2008___'

    ::: KENYA 02/01/2008:::

    Posted: January 2nd, 2008, 8:05am CST
    I was out and about today in the city centre and businesses were open however, not all. The Nairobi Stock Exchange also open and traded and most counters took a dip as expected, though some were resilient and gained marginally. However tomorrow if the NSE opens, stocks are expected to dip further since today is when most people got an opportunity to place sale orders as brokers had closed for the holiday season.
    I came across this blog which is providing some very intimate photos of what is happening across Kenya and does not make a very comfortable read. Read More.
    Banks were open and the financial system is fully operational and fuel supplies have resumed atleast within Nairobi. Things in general were stable today as businesses opened and people reported to work. However considering Raila has called for a mass action meeting tomorrow at the Uhuru park, most businesses are expected to close and the city centre could turn to a ghost town as was the case in the last few days..
Read the complete article at RIBA CAPITAL