#ManderaBusAttack vs. Safaricom CCTV Contract

manderaThey say nothing is coincidental where money is involved!

Terrorism is a psychological gimmick to trigger fear in the society for economic gains at some end. Terror is meant to instill fear into people’s minds and once you feel insecure, you are obliged to accept anything that will restore your psychological peace. Continue reading “#ManderaBusAttack vs. Safaricom CCTV Contract”

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County Revenue Allocations Revision

#Food_for_Thought…

Commission for Revenue Allocation intends to change the way revenues are allocated to counties. Their proposal, no. 1 below has however been countered by another allocation formula, no. 2 that has been floated by IBP.

  1.  Allocate revenue based on the achievement of revenue collection targets for each county – the high achievers get high revenue allocation from the central government.
  2.  Allocate revenue based on the marginal growth in revenue collection for each county – the higher your revenue margins grow year-on-year, the higher the allocation you get from the central government.

Continue reading “County Revenue Allocations Revision”

The Pan-African Investment Dream

africaAfrican continent is an emerging market having a myriad of investment opportunities with potentially very high returns.  It is an economic power-house that has all it requires to sustain itself through intra-Africa trade. As a continent, we are rich in natural resources that should be utilized properly through wise investment in the continent. Continue reading “The Pan-African Investment Dream”

GoK Snooping on Your Private Communications

snooppThe government will soon be snooping on your “private communications” through the Communications Authority (CA) of Kenya.

The CA has lined up new regulations to allow it access all your personal and private communication data as and when they feel they want it from the telecom service providers without a court order. Continue reading “GoK Snooping on Your Private Communications”

Kenya Banks’ Reference Rate (KBRR) Explained

ratesOn 8th July 2014, the Central Bank of Kenya set the first KBRR at 9.13% and it became effective from that very same day. As a move to foster transparency in Kenyan financial sector, the reference rate is both timely and effective. Continue reading “Kenya Banks’ Reference Rate (KBRR) Explained”