::: SITUATION KENYA ECONOMY 04/01/2008 :::

Today am publishing my article from the central business district in Nairobi,..that's how calm it is in town. And I actually used public transport, just incase riots erupted.
After yesterdays early closing of the NSE whereby it traded for around an hour, today things were much better, however the volumes are still low and share prices are still on a downward trend.

The killings have seized to some extent as there are no fresh reports of violence today, as yet.
The shilling has been hit very hard is down at the moment, with oil prices hitting the $100 per barrel today, this is very sad since the cushion of a strong shilling is being eroded by the day and Kenyans should brace for harder times to come as our fragile economy is being hit very hard.

The region is also choking from the instability in Kenya with Rwanda, Uganda and Congo report fuel shortages as the routes for transport are being blocked by gangs in Kenya.

Considering the leverage we have been enjoying as a regional hub, no matter who takes the presidency, our economy and the Kenyan people will be the hardest hit. Necessity is the mother of invention and if the regions decides to look for other partners they might just get better deals and we will have a very hard time reclaiming our prowess.

Furthermore, Kenya has been flourishing on Services and tourism, these sectors will be extremely hard hit if we continue on the violence path.

All in all, if we take one day at a time and have an example like today when there was peace and calm in most parts of the country, then may be we could just salvage the situation......

God Bless Kenya.