Doing Business in Kenya: Better, But Still Not Great

I have to thank my father for being the person who first alerted me to the Economist Intelligence Unit, all those years ago when I needed research material as MUN ambassador to Sudan (tough gig). The unit is an offshoot of the Economist magazine, and offers all sorts of useful analysis throughout the year. Yesterday, [...]

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 [...]