Financial crisis
How to Predict Corporate Failure And Save Money
So we’re experiencing a global financial crisis and people all over are panicky. The verdict is still out on the effect of this financial meltdown in Kenya. Nonetheless, we have our own peculiar financial problems: the volatile Nairobi Stock Exchane, rogue stock brokers and one can never rule out Anglo Leasig type deals, [...]
Kenyan Financial Woes and Bursting Bubbles
The Business Daily Africa has an interesting article:
“After five years, the party at the Nairobi Stock Exchange (NSE) is finally over.
Now, despite trading at the most affordable levels since 2003, the puzzle of just how deep NSE’s current rut will go presents an investment headache for market players angling for an opportune entry into listed [...]
3 Easy Steps to Save Kenya from the Financial Crisis (or What Michuki Should Do Instead of Rambling Erratically)
Communicate with Kenyans and our international partners. Explain that we’re trying our best in hard times; give us direction. Tell us that there’ll be no unneeded government spending. Renegotiate our existing loan terms, just try. Prepare us to expect slower growth. Speak our language by telling us things clearly and in lay terms. Show investors that you know how you intend to reduce the negative impact.
The Secret of Corporate Failure
Bankele has an interesting post on ‘The Anatomy of Local Collapse.’ I think it’s an excellent article giving insight to the normal sequence of events during corporate failures. Meanwhile, Mr. Michuki is telling Kenyans that the global financial crisis won’t affect us. I beg to differ! I’m not a trained ‘finance’ man (just reasonably well [...]
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