How I get my hot information
In my previous post about Diasporans being Kenya’s top foreign exchange earner, one of our oldest and most loved contributors, Phil challenged the information contained in my post. This is quite in order and indeed the very nature of such a forum as this one is to discuss, debate and even challenge information contained here. That is in fact what Kumekucha thrives on.
I have however decided to take this opportunity to clarify a few things for newer readers of the most popular political blog on Kenya. But before I do so let me just clear the air for Phil and all those who doubt the accuracy of my information on the post on Diasporans.
Officially Diasporans were the highest forex earner for Kenya last year and accounted for a whooping Kshs 70 billion. The World Bank estimates that unofficial remittances by Diasporans are about 50 per cent of the official figure which would bring the figure to 105 billion. Read this article for full details.
The truth is that the government has never taken this amazing source of forex earnings seriously until very recently. Indeed I got my information long before the whole thing became official and the truth is that this is the real reason behind the amazing strength of the Kenyan shilling against foreign currencies for a number of years now.
You see unlike many other blogs, I DO NOT read the daily newspapers and then recycle the information here. I usually do my own research. The sources I use and insiders give me the information in strict confidence and therefore I can never name my sources. Indeed many times I write in sentences to mask my possible sources of information because my number one rule is to protect my sources at all costs.
This policy has served me well over the years and that is something any reader can verify by going through old posts. You will notice that generally Kumekucha talks about things that become breaking news many months later.
Of course there is a weakness with this policy and the resultant writing style as far as journalism rules are concerned because a casual reader will think that I am picking up the information from the air or creating it in my mind because I hardly ever attribute information to sources.
Well now you know better.
Once again I thank all you patriotic Kenyans who have trusted me with extremely sensitive information some of which I have even been unable to publish here (hence the creation of my raw notes). A Big Thank you, guys. Kenya owes you.