Kenya could raise the legal drinking age from 18 to 21 under a new Bill before Parliament.
The proposal would also restrict alcohol sales, access, advertising and employment for people under 21 in the alcohol sector.
“Greatness does not come out of intelligence, it comes from character.
Character is not formed out of smart people: it is formed out of people who have suffered.”
— Nvidia CEO, Jensen Huang
Every morning,
You meet men crawling from prison.
Their shirts look like they were pulled from a bottle.
Their pair of trousers are worn out,
Their faces are long and sad,
Their masculine energy is fading. They walk tired, gazing into an emptiness.
These are men stuck in houses where their wives terrorize them.
They sit in these houses because they are afraid to leave.
They built nothing that belongs to them. They own nothing. Just children who have been strategically weaponized against him.
When they retire from civil service or as teachers or as employees in Indian-owned companies, they resign themselves to fate, enduring insults and mistreatment from their domineering wives.
Their only hope is to sit at the bus terminus, betting and gambling, hoping to undo their years of financial losses.
But it gets worse, they suffer hypertension, diabetes and prostate enlargement.
They become a burden to their families, and they are abandoned in the corner of the house to nurse a chronic ailment.
Their years of sacrifice get swept away by comments from their children,
"Our father spent years drinking and entertaining hoodrats. It is our mother who took us to school."
Or their wives,
"When other men were building wealth, what were you doing? I can't continue living with you."
Yet, his productive years were spent on providing for the family without fail.
Pain and agony, as he counts his last breaths.
Then, one day, the sun will rise without him.
The main door of the house will open without his cough.
His chair at the corner will wait for his warmth, but it won't come.
His legacy gets buried deep with his regrets.
Forgotten.
In the ruins of his sunk-cost fallacy.
If you are a man reading this, start building your fallback architecture now.
Remember,
You can lie down for people to walk on you, and they will still complain that you aren't flat enough.
Your independence, in old age, is your wealth.
WAKE UP!
There is an excellent and free alternative to Onstream (which no longer works) for streaming movies and series:
1. Download Streamflix
2. Choose the provider as TMDb(en)
Done! ✅
Safaricom plans to introduce Sh800 monthly internet with speeds from 10 Mbps.
They are also testing a pay-as-you-go Wi-Fi service called Wi-Fi Bamba where users can connect and pay without a fixed monthly plan
I have received several questions about buying Family Bank shares on the OTC segment before listing and all I can say is that the hype is not worth it:
At KES 20 per share and from Family bank's FY25 results:
Family bank trades at 1.02x book value and 5.08x earnings.
For comparison, the median banking stock from the listed 11 counters trades at 1.0x book value and 6.3x earnings.
For banks, the PB ratio is the most important as banks are mainly valued against their net assets.
Rather than buy family bank, I would rather buy Equity, KCB, I&M bank, BK Group, etc.( all these trade below their book values)
Moreover, even on asset quality, family bank has an NPL ratio of 15.23% while the median NPL ratio in the banking sector sits at 10.5%
And for dividends, Family bank paid a DPS of 1.20 KES in FY25, giving it a dividend yield of 6% which is also below the banking sector median yield of 7.42%
Lastly, when it comes to ROE, it also ranks below the banking sector median of 19.2% as it sits at 16.5%
Do note that my numbers are based on current prices as of 4th June 2026 and FY25 results.
Don't be driven by hype, let your financial decisions be backed by concrete data