Sunday vibes.

Jesus taught us to be answers to our
own prayers when, in the Sermon on
the Mount, He told His disciples, “Ask,
and it will be given to you; seek, and
you will find; knock, and the door will
be opened to you. For everyone who
asks receives, and he who seeks finds,
and to him who knocks it wi Continue reading “Sunday vibes.”

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Kenya’s economy under threat?

“we have decided on using the route transiting to Tanzania during the construction of our railway line because the kenyan route would be expensive and costing us 1bn Us dollars and time consuming.” Words from Rwandan minister of finance and economic planning, Claver Gatete.
This has come has a big blow and a surprise to kenya who were partners once, i would term it as ‘bosom friends’ which has built almost 80percent of the first phase running from Mombasa to Nairobi.
The big question to kenya’s government is that is this major pullout going to affect the kenya’s economy?
The mega 13bn US dollar standard gauged railway(SGR) project in kenya has been the most ambitious development which  had been projected to open wide market and to expand its economy through the northern corrider. It had been projected to open lots of opportunites to the EAC.
In my opinion, kenya is at meltdown following this pullout by Rwanda and Uganda opting the route for Tanzania, why am i saying this, this blow should act as an eye opener to kenya that the corruption as the major rot in the government instistutions has been uncovered and lets not hide it anymore, lets just face it! Somebody out there are not happy about it. Somebody is running for his/her own life and that exactly what other countries are doing.
Take this case, i go to the supermarket, i want to buy some tea leaves, so i decided to check prices at 2 different supermarkets, i am common mwananchi, just trying to make ends both meet, i am not that super rich guy,so i get one at a cheaper price and another one at a higher price mind you,these 2 products are of the same quality and quantity. I decided to buy the cheaper tea leaves since it was pocket friendly and i would get to save some little coin afterwards. I know so many would not critize my idea, but rather do what i just did. This is exactly what Rwanda did.The railway line would have cost Rwanda between 800m dollars to 900m as to kenya route would cost 1bn US dollar to this tiny country. Not that that kenyan SGR is expensive,kenyans are making it through corruption endemic that has become a disease. It could be the biggest scandal, worst ever than NYS, Goldenburg, Anglo-leasing and that is why Rwanda and Uganda do not buy this.
It is now no secret that kenya is a capitalist society what do i mean by this? Capitalism is an economic theory and system on
the principles of laissez-faire free enterprise.
It calls for private ownership of property and
the means of production, a competitive, profit-
incentive system, individual initiative, an
absence of governmental restraints on
ownership, production and trade, and a market
economy that provides order to the system as a
result of the interplay of the forces of supply
and demand. Key note is profit incentive system, personal gains is most valued over macroeconomic interests.
One attribute i know about kenyan is that they are very friendly and warmly. Aside from this they are very aggressive, put the emphasis on the word very,
You would find one buys land at a cheaper price , out of the blues you hear the land is sold at a very high price, either you buy at that expensive price or you leave it, you dont have anything over it!
Am not critizing the investment people make it, the private sector has been the largest contributor to the economy of kenya, so it had been there and will be there. This is has contributed to people opting not to invest in kenya, Unlike in tanzania land is owned by the government and therefore the government has a say in its pricing. Albeit the individual sector or the private sector adds to the economy significantly, kenya needs to look beyond the individual interest. Corruption is taking kenya’s economy down so fast and should kenya not watch this, Tanzania economy would take advantage of this, the common cliche what would magufuli do is now taking shape, He was once left out in the negotiation of the SGR together with Burundi, with magufuli appearing to be winning the hearts of Uganda and Rwanda.
kenya’s government should regulate at times the land pricing so that it should not be over-priced since it would scare investors away, instead encourage to favour our economy.
Another major threat is our political game, this plays a critical role in growing our economy, the unstable politics could also attribute to the fallout of the sighned deal between the EAC countries. Looking back to the 2007 post election violence in kenya leading to the uprooting the kenya uganda railway line passing through kibera led to almost a collapse to the economy of Uganda and Rwanda since uganda depended much on the the supply of essentials goods from the port of mombasa. So how  sure are they safe that the during the coming elections kenyans are not going to uproot the most expensive project its country has invested?  That is the big question ugandans might have learned from these past.They have chosen to learn from their mistakes and built their country and not to depend on the political instability.
At this point, president kenyatta might be facing sleepless nights while magufuli relishing in new gains that may usher in a radical geopolitical shift in EAC region in favour.
All is not lost, this should be an eye opener to kenya, the  looming corruption in the government can cost them, and it would rather painful to pay the price. Well they say,  prevention is better than cure.
kenya need to put economics first before politics.At no place has politics helped the kenyan economy.
Another thing, kenya is still a strategic position for its trade, it only needs to redefine its strategic interests.
Kenya needs to seat and revaluate where the rains began to hit us in order to move forward.
EAC must be given a lot of prominence. Uganda for instance the one who chairs it deputy president himself, kenya needs to do the same.

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# varcity jepchumba on kenyan economic analysis.

Who is a hero?

Who is a hero?, what does a hero look like? just how heroic? Who is your hero?, Hero or villain?
When trying to understand a hero this are some of the questions one never fail to ask,
What about the certain situations which make certain people do great deeds, when otherwise they would have continued with their normal lives, do they possess some specific characteristics?,another question.
many of these heroes are listed and recognized for the efforts they did or do, they were leading ordinary lives, were ordinary people-when suddenly they found themselves in circumstances which needed to act heroically,the question still remains who is he or she?
There is this story that caught my attention of a young boy, 8years old of age, there was an earthquake that happened in a school where they were schooling, his two classmates were caught inside, the roof had fell and they couldn’t get out, he quickly ran to save them. When the boy was asked why he saved his classmates he gave this answer, that he saved them because he was the class prefect. I call this  dutyful heroic act, being a 8year old basically he could  not understand the meaning of heroism, but actually he is a hero.
This goes to my definition of a hero. The dictionary defines it as a person, typically who is admired or idealized for courage, outstanding achievement, noble qualities.  This definition help me get onto the next question, that will help me understand who is a hero much better, Does heroism involve physical strength or other qualities that define being a hero, does it demand extraordinary circumstances like a train attack, bomb attack or war, or can heroism takes place in our everyday lives? Can anyone be a hero,
hmmmm.. tough questions indeed,it is so easy to say yes to the questions but look what about the other part?
Some situations that make people hero, Salah Farah now deceased,may allah rest his soul in peace, our kenyan muslim and a teacher who protected the christians  during terrorist attack is a hero! The circumstances around it made him a hero.
So  yes circumstances make people heroes. This should not be an excuse of being an hero. My goodness who can forget our very own rugby sevens team, i remember there was a time when the kenyan team had been performing poorly, personally i remember loosing faith with this team, so wrong of me but look at this team recently, amazing work they did at Singapore, i call these guys heroes despite the challenges, and the bad stigma that kenya was getting from the western world.
Unconsiously, we all have standards by which we measure other people, and if we examine closely we find that the standards is very simple one, and that is we admire them or either envy them. Yes this is it!
We all have inner heroes. Circumstances can force almost everyone to be a bystander to evil, but they can also bring out our own inner hero. A inner hero if stirred to action, that inner hero is capable of performing tremendous goodness for others. This answers my question can anyone be a hero?
The greatest heroes on life are those who never give up on someone, they sacrifice things in their lives in order to help others grow. They give up what they want because someone is on need of it more. They show love to their loved ones, love that is not ”proved” by conformity. This are real heroes everyday.
My own heroes are dreamers, those mem and women who tried to make the world a better place, Mother teresa,wangari maathai, martin luther king, only to mention a few, they made the world a better place than the found,whether in small ways or great ones, some succeded some failed, most had mixed results, but it is the effort that’s heroic, as i see it, win or lose, i admire those who fight the good fight.
So do heroic an  acts everyday, careless about the payments but bigger reward will happiness within your soul. Peaceful world will be a better place!

MACROECONOMIC ANALYSIS IN INVESTMENT AND  PORTFOLIO ANALYSIS .
CASE STUDY QATAR.

Early influential studies by Brinson, hood and Beebower (19860, Brinson, Singer, and Beebower (1991), and more recent update by Ibbotson and Kaplan (1999), show that the asset allocation decision is the key determinant of portfolio returns, and for this reason asset allocation decisions represent the key intellectual challenge for investment managers.
Economic analysis is important to offer important information for making investment decisions and risk analysis. For instance, using the augumantive standard approaches with economic content for instance produces greater explanatory power to improve forecast of return.
This gives a room to make decision in investment especially in changing business environment.
Economic indicators can be classified into three categories according to their usual timing in relation to business circle: lagging, leading and coincident indicators. 
The most appropriate indicator for Qatar in my opinion should be the lagging indicator. Lagging indicators shift after the economy changes although they do not typically tell us where the economy is headed. They indicate how the economy changes over time and can help identify the long term trends.
Their stock market has been on high time high. The forecast market is expected to trade at 8800.00 points this is by the end ¼, this is according to the trading economic global macroeconomic model and analyst expectation. Below are the actual data and forecast.

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Qatar macroeconomic indicators keep on getting better and better, with its economic growth basing on massive oil and gas reserves. The continued upturn in energy sectors resulted in growth of the economy. The GDP rate continues to grow annually. Qatar has settled down to a steady economic growth predicted to be 7% in 2015 and 7.55 in 2016 making one of the fastest growing economy in the globe. the graph above predicts a good return when invested. Its stock market remains one of the most attractive valued compared to other in the gulf region particularly in respect to its dividend yield.

REFERENCE
Brinson, Gary p., L. Randolph hood, and Gilbert L. Beehower, determinants of portfolio management, financial analyst journal July/ august 1986.
Brinson, Gary p., L. Brian d singer and gilbert L. Beehower determinants of portfolio performance financial analyst journal, May/June 1991.

                                                REFERENCE
Brinson, Gary p., L. Randolph hood, and Gilbert L. Beehower, determinants of portfolio management, financial analyst journal July/ august 1986.
Brinson, Gary p., L. Brian d singer and gilbert L. Beehower determinants of portfolio performance financial analyst journal, May/June 1991.

#varcity

UNFUCKWITHABLE.

Unfuckwithable? Huh?…what? The eyes would just chase me. I know..that word may be a be a little vulgar. But i am feeling unfuckwithable now-a-days.
What exacltly does unfuckwithable mean? It means exacltly what you think it would mean. You cannot wake up one morning after living luxuriously in your mansion and say to yourself,  ‘i feel like today i am unfuckwithable.’ This term is earned through experience.
Whichever or whatever experience is relative to a person. The point i wanna bring is experience. People who have survived cancer i call them unfuckwithable. People who fought and won on war, to bring peace and harmony to their countries, like our KDF souldiers in somalia. I salute this guys. People who have been through hell and back in their relationships, women who have been abused in their marriages but still stand strong!, people who have succeeded through thorns, fathers who have lost their jobs  but still hustle to put food on the table, who have millionares barely starting with burning charcoal..you know who am talking about our late Njenga karume, all these i call them unfuckwithable! Are you starting to understand this term? I think you get my point. Its all about mental toughness!. Urban dictionary defines this word an individual who cannot and will not be fucked with. This is an individual is simply unstoppable and is never threatened by anyone. It means to be at the pinnacle of what you do.
I love people with this qualities. They inspire me a lot. This are people who make apple juice out of lemmonade. Yes apple !
Obstacles and challenges dont defeat them, infact they make them stronger, wiser and fearless hence the word unfuckwithable. Someone once said that ‘he has never seen a strong person with an easy past’. This quality cannot be taught. Like i said it is earned and developed through experience.
Mmm okay varcity… “what makes you unfuckwithable?” And who gave you the authority to fix this word? Someone might pop up the question..
Well i did fix it up today because i imagined these experience people go through, some feel like giving up but here today i pen down so that someone can get up on his/ her feet, dust his clock to move on. Not all people get this motivation. Dont forget am unfuckwithable! So i can do what i would want to do. In all seriousness i feel have also earned this tittle in my early 20s because of the experiences!
I know how to stand when i fall, i have scars, bumps and bruises. Yes i do. Am a human being!. We all have to travel through peaks and valleys and depending on our attitude and how we handle the situation we will emerge victorious.
My dad once told me a story about their humble begginnings, struggling through thick and thin to make both ends meet. They would go to school without food, being sent home on a regular basis to bring school fees. But you know what? Despite that their goals were still their focus and made it in life.
What am saying is that some situations suck in life, we all go through rough patch at some point in time. Your attitude will make a difference. Dr king Luther once said, fly! if you cant fly, run if you cant walk if cant crawl.. God keep moving! Do not let circumstances define, you only define you. You totally can!
An arrow can only be shot by pulling it backwards, when life is dragging you back with difficult, it means it’s going to launch you into something great. So just focus,and keep aiming.
This is my 2016 slogan unfuckwithable a.k.a El negro magnifio…BECOME UNFUCKWITHABLE!

#varcity

That ark.

Hi my lovely reader,  its been long since i wrote on my page, today i will write something different, am gonna pick my writting from the bible stories. Noah was one great man,perfect in his generations. He walked with God. So God told him to built this ark, it wasn’t raining when Noah was building this ark. I put myself in the shoes of another never told woman but mattered somehow.What was it to be Mrs Noah, she of the ark?
I tried to imagine how his neighbours would behave, dropping by to catch the latest tattles, barely hiding the smirks on their faces, and others cachinnating beyond control.
“ so what exactly are you building noah?”
The whole thing was ridiculous because it had never rained before, yet noah spent his whole time hours to built this ark length of hundred cubits and its width fifty cubits and its height thirty cubits. Since the bible is relatively silent on what mrs Noah thought about her husbands’ `big project’. We let our imaginations run wild.
Was she dismayed as the dry years rolled by with no proof that her husband’s dream or vision would be realised? Did she believe in her husbands big,audecious and hairy idea? And what of the family resources he may have diverted to what might have initially seemed like wack hubby or was or was she the stand by your man. It didnt matter in the end because when the rains came, Noahs ark was ready and Noahs family. Despite what everyone else thought or said, Noah had taken years to prepair the plan for his project.
From my story i have learnt a major important thing,Importance of planning. It can be planning in business, education in daily activities. This are as follow:
1.Planning helps reduce stress quotient. When i have a plan i have peace of mind knowing that i have a feasible plan to carter for whatever am doing.
2. Planning helps one to be prepared for obstacles because parts of planning process is creating a contigency pan for unexpected problems. Like  the case of Mrs noah, i can imagine the naysayers and the distractors from the plan said after the rains began.
3. planning helps to check your progress in work. In my life planning is so beneficial to my success. When i have a plan to follow am able to see my progress against plan and to correct it early incase the plan is not on the path.
Avoid the distractors in life the naysayers who distant you from your goals and vision. Set your goal. Plan how you can achieve them and i can tell you success will be at your doorstep!

#varcity

As graduation excitements wanes…

Being in your 20’s is alot like hanging off the edge of a cliff. Faced with many uncertainities are constant odds. No need to panic!  You just have to focus on not dying and housting yourself. As a graduate fresh from campus you could be plopped into a new world and suddenly come face to face the slightly terrifying pressures of making something out of your life.
If you have a job; it is not even close to what you thought you would be doing. You are going to have a start at the bottom and you are scared. It worsens when you get payslip and notice that half of your salary has been slashed. Whoops! Huge tax deduction and loan repayment. This is where confusion starts. You feel like your friends are insincere and distant themselves but this is not the case maybe they are just confused as you are. Am taking about “the graduate”.
If you do not have a job yet, the excitement you had at graduation wanes and days goes by and you realise that you need to drop the CVs at offices. You are an adult and broke, what a terrible combination!
More dissapointment chip in when HELB reminds of its 5000 monthly. 
Is it that we expect too much?
To the undergraduate out there,no one prepares you for post-university graduate revelations. Dream jobs dont exist and even finding one if you ain’t smart is virtually impossible. Higher education is becoming less distinguished. So think of working SMART.
We the youth prioritize on looks, body figure, fashion, jobs, careers, the places we would want to live in,getting rich quickly and so many name them you know what am talking about. In my opinion this is totally good. Not bad at all! But have worked smart enough?
I once attended a forum organized by ACCA Kenya, the speaker was one amazing person. He shared a clip “Did you know?” . It was of interesting facts happening in our world today. He then proceeded asking a simple question, ‘what makes you outstanding?’
Are you baked enough for the corporate world? or ready for the market?
Proffessional courses help much, infact they give your CVs a great boost. Enroll to one of them today, ACCA is one, i believe there are so many more in different fields and am telling you undergraduate student you won’t be disappointed. All the best this year. Be aggresive!