The Verdict is out, the sliding shilling means that our lives will become a whole lot more difficult. It won’t be about tightening belts but making another hole in the belt to accommodate this round of high prices. The Daily Nation states that the low shilling means increased commodity prices- food, fuel, electricity, water. We are already facing a drought in the country so one can imagine how much worse it will get for the poor in Kenya who have been suffering increased costs. Truly a jump into the fire from the frying pan. Read more here
Our analyst Davis Mika did a review of the cement industry here. The Business Daily reports on increased investment in cement stocks due to a rise in the share price. Read about that here and decide whether it will be part of your portfolio.
Ever wondered what the process for licencing a company in Kenya is? Here is a breakdown of the procedures and costs you need before you can proudly hold the papers to your company.
An interesting read here from Forbes into why chronic comparison or Keeping up with the Joneses spells career doom. It makes a case for having your own career and life aspirations and not falling into the appearance trap that has so many Kenyans. So much so that they may be tempted to fall into the Dirty Money trap.
This one is for the women. Concerned about retirement and what your life in the sunset years will look like? Here is a review of a Merrill Lynch Women and retirement webinar with a few pointers.
Business Daily is running an online vote for the companies that make Kenya proud. Judging by some tweets on the Kenyan Twittersphere we know a few that won’t make it but take look here and get to voting.