In recent times an interesting and engrossing debate has developed over which direction the Nairobi voters will go. More so after I revealed my recent findings on the ground that Nairobians may not vote on tribal basis after all.
On reader recently boldly announced that Nairobi will more or less easily go to ODM. Yet another reader disagreed and said that Narc Kenya will carry the day easily in Nairobi.
So what is the true situation?
Although it is still very early to tell, there are a few key factors that cannot be ignored. Highest on the list is the fact that Nairobians have felt the negative effects of the Kibaki administration the most. This includes clashes in slum areas like the populous Mathare and Kibera where the vast majority of Nairobi residents live. These incidences have left scores of mostly innocent people dead.
Not to mention the deep resentment and feelings of betrayal that the influential and huge community of city hawkers feel towards the Kibaki administration. These feelings, according to my investigations run so deep that they will not be swayed by tribal affiliations or emotions.
The really exciting thing here is that there is plenty of evidence to show that Nairobi voting patterns have a huge effect on voting trends in the rest of the country. This is probably exactly what is needed for a non-tribal non-politician with a genuine and serious agenda to declare their candidature and steal these elections and snatch the country from the iron-like grip of the political class and ancestors of home guards and collaborators. I make no secret in constantly reminding our readers that this blog is sponsoring such a candidate for the highest office in the land.
The ingenious strategy of one Kenneth Njindo Matiba in the memorable 1992, first multi-party elections comes to mind. Because of his medical condition, which handlers cleverly did not want revealed to the public, Matiba did not have any campaign rallies. Instead he concentrated on a quiet campaign amongst hawkers and matatu crews within Nairobi. The strategy worked so well that it is widely believed that Matiba had the highest number of votes in that election.
Whatever you think about hawkers and touts, this is one group in Nairobi that no political party can dare ignore.
A Little creativity made Kenyan man $1,000 in daily profits
This woman has never heard sex, the reason will shock you.
Monday, March 26, 2007
Is The Nairobi Stock Exchange Headed For A Crash?
People are losing millions on the Nairobi stock exchange. Fortunes are being literally wiped out overnight.
Initially brokers and officials at the stock exchange put up a brave face and peddled the spin that what was happening was a simple "correction" of the market. It has long become clear that this is much more than a simple correction.
But what has triggered it off? How will it affect the much-anticipated Safaricom IPO? Will the market really crash? Those are the anxious questions many Kenyans are asking.
This is in fact a perfect example of how the Kibaki administration has taken only a crisis management approach to everything rather than trying to nip problems in the bud before they happen. When indications of massive flows of capital started happening shortly after the general elections on December 2002, nobody in government seems to have been bothered. In fact they were ecstatic. Yet we all know that the simple law of gravity applies to the stock market the world over. That is what ever goes up must come down and the more rapidly and higher it goes up the harder and more damaging the inevitable fall will be.
It is now emerging that whatever other factors that have been mentioned, the main one is that the heavy cash investment in the stock exchange had to do with politics. Here there are two possibilities. Firstly that the money was corruption money invested in the stock exchange in preparation for the 2007 elections and which has now been rapidly liquidated for that purpose.
However the second and much more likely scenario is that some heavy investors suddenly cashed in on their profits because they expected the market to lose momentum as the general elections approach. The same people will then re-invest in the bourse when prices hit rock bottom at around the time the general elections will be happening and end up making another tidy windfall profit.
Whether or not you agree with my thesis, the fact remains that shares at the NSE are coming down and coming down too fast. And the really scary thing is that most analysts agree that the bottom is very far down and yet to be reached.
A Little creativity made Kenyan man $1,000 in daily profits
This woman has never heard sex, the reason will shock you.
Initially brokers and officials at the stock exchange put up a brave face and peddled the spin that what was happening was a simple "correction" of the market. It has long become clear that this is much more than a simple correction.
But what has triggered it off? How will it affect the much-anticipated Safaricom IPO? Will the market really crash? Those are the anxious questions many Kenyans are asking.
This is in fact a perfect example of how the Kibaki administration has taken only a crisis management approach to everything rather than trying to nip problems in the bud before they happen. When indications of massive flows of capital started happening shortly after the general elections on December 2002, nobody in government seems to have been bothered. In fact they were ecstatic. Yet we all know that the simple law of gravity applies to the stock market the world over. That is what ever goes up must come down and the more rapidly and higher it goes up the harder and more damaging the inevitable fall will be.
It is now emerging that whatever other factors that have been mentioned, the main one is that the heavy cash investment in the stock exchange had to do with politics. Here there are two possibilities. Firstly that the money was corruption money invested in the stock exchange in preparation for the 2007 elections and which has now been rapidly liquidated for that purpose.
However the second and much more likely scenario is that some heavy investors suddenly cashed in on their profits because they expected the market to lose momentum as the general elections approach. The same people will then re-invest in the bourse when prices hit rock bottom at around the time the general elections will be happening and end up making another tidy windfall profit.
Whether or not you agree with my thesis, the fact remains that shares at the NSE are coming down and coming down too fast. And the really scary thing is that most analysts agree that the bottom is very far down and yet to be reached.
A Little creativity made Kenyan man $1,000 in daily profits
This woman has never heard sex, the reason will shock you.
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