Here are some stories we have put together for your weekend reading

1. Kenyans' spending habits fuelling inflation

Such is the spending pattern as more Kenyans have more to spend. While those selling goods and services will hike the prices due to the higher demand, Kenyans will be kind enough not to spend their easily earned cash on cheaper alternatives.

2. Budget-making the way we know it is dead, but careful lest we get worse

Some able-bodied people want to sit back, do very little, have lots of sex and make lots of children and expect the government to bring them development, raise their children, educate them, feed them, provide them free medical care and bury them when they die. It is right and fair that such people be poorer than everyone else.

3. Mobile Money is Failing and Expanding. Go Figure.

 In only five years, M-PESA has supplanted traditional banking in Kenya. The same Economist article that featured the above graphic noted that there were more M-PESA operators than banks in 2010. Given the rate of growth of mobile banking in Kenya, it is safe to assume that mobile money remains ahead. By lowering the barriers for banking at just about every point, mobile money is a brilliant innovation.

4. Has Africa always been the world’s poorest continent?

 Jeff Sachs claims that Africa was always the poorest continent in the world, that many parts of Africa have never experienced economic growth, and that comparisons between African countries and Asian countries are highly misleading

5. Rags to Riches Stories

 If they can do it; you can do it too! Always believe in yourself!

Enjoy the reads and the weekend!