What You Need to Know Before Starting a Business in Another Country

Yesterday, a couple of friends and I were discussing what we would do if a) we won the lottery, or b) the next British government turn out to be a bunch of incompetent scumbags. As winter is going to be here soon, my first thought was emigration to somewhere warm, with decent broadband speeds. But [...]

Kenyan Insurance’s Blind Item

Do you read gossip websites? Every so often, they will have a “blind item” post where they will detail the scurrilous goings-on in a celebrity’s life, but will not name the star for fear of being sued. That could be the same reasoning behind an article that appeared in the Daily Nation over the weekend.
Apparently, [...]

Remittances Decline, Economic Gloom Could Get Worse

Yet more bad news for those of us who are waiting for the Kenyan economic renaissance. According to the latest figures from Bloomberg’s office in Nairobi, remittances from the diaspora are down 9.4% this quarter. In total, $148.24 million was sent home in the first three months of this year, compared to $163.65 million in [...]

Despite Reforms, Investor Confidence Remains Low

I was well behind on my reading this week and was therefore late in being alerted to the changes at the Nairobi Stock Exchange (NSE). In fact, it was only a brief sentence in one article that set me off investigating what else the Titans of the Kenyan economy have been up to recently.
So the [...]

All Housing Bubbles Eventually Burst

I do love the way that Business Daily Africa isn’t at panic stations just yet at the state of the Kenyan housing market. While They’re willing to admit that their forays into mortgage lending could leave some banks looking vulnerable, they don’t quite issue a red-flag warning to investors or shareholders. It’s almost as though [...]