This was a few months before the 2022 General Elections, and fuel prices were almost KSh 150. William Ruto took the mic and condemned the planned renovation of the Deputy President's residence, which was estimated at KSh 900 million.
After taking office, however, he spent billions on the new State House projects, which he had earlier argued were not a priority. He also condemned high fuel prices, yet today the prices are almost twice what they were then.
Men hold each other accountable. If a man goes to Quiver, gets drunks, picks a hoe and takes her home, then later get drugged and robbed (sometimes the hoes overdose them and they end up dead), we call out the man. We ask them critical questions and warn others. We don't tell them, "nobody deserves to be drugged" or "that is not reason enough to drug someone". If you play stupid games, you win stupid prizes. But there is no faster animal on the planet than a woman running away from accountability.
Black tax is never a single, large expense and mostly appears as a series of small, consistent responsibilities that accumulate over time.
Someone earning KSh 80,000 may support parents with KSh 10,000, contribute KSh 5,000 to siblings’ needs, handle random requests of KSh 1,500, and occasional emergencies of KSh 10,000.
Over a year, that adds up to a pretty huge sum. The weight is not just in the amount, but in the unpredictability.
Which is why boundaries are important in planning, because you can not give from an empty cup.
@Maryian96 This year has been tough and full of tragedy. Sadly, tragedy has picked the wrong kind of "prominent" persons for promotion.
I agree, can the year just end already!
Equity Bank has fired several employees over a conflict-of-interest scandal after a loss of Sh1.5 billion in suspicious payroll transactions.
CEO James Mwangi says the cleanup targets staff linked to suspect salary and M-Pesa account activity.
A matatu carrying 14 passengers gets involved in a fatal road accident. 13 people die on the spot while one survives. Do we thank god for saving the one life or for killing the 13?
I watched an interview on the Situation Room show where the new Group CEO of Standard Media Group was in the hot seat. The Situation Room is a show by Spice FM which is owned by the Standard Group.
It was an awkward situation where the staff were interviewing their boss. This is especially so given the tough financial situation the media house is going through.
Turning round these struggling mainstream media houses wouldn't be easy at all. Some will eventually shut down. These media houses have taken too long to adapt to the changing media landscape. Playing catchup will be a tall order. The ground has shifted.
Business is all about having a product which provides value to customers and doing so better than the competition. Today, every person with a smartphone is a media house in their own right. The competition for the audience's attention has never been steeper.
Mainstream media which used to rely on print publications must understand that this is a dying product. Daily English newspapers in circulation have fallen from 77,923 copies in 2019 to 42,213 copies in 2023. The end is nigh.
Instead of putting paywalls, these media houses should find a way of offering free quality online content but have their own banners to run the same ads they used to do in print copies. This can supplement their Google ad revenues.
The subscription model can only work if they have great and unique content. Currently, there is no content worth paying for in the local mainstream media. The media houses retrenched the good journalists who had great content. What is left are recycled and poorly written stories.
The media houses need to learn from the digital creators who are doing well. And this is not about TikTok entertainment content. Many creators are doing serious stuff and have huge audiences. Probably the mainstream media can find a way of collaborating with such and learning from them.
Ultimately, we need to understand that nothing lasts forever. If the media houses don't reinvent themselves, the end is certainly coming. The corporate graveyard awaits those who can no longer meet the needs of the customers.
The decision by Kenya to contract an undisclosed German firm to print our currency just shows how we are regressing as a country. We used to print our currency locally through De La Rue Kenya.
This is a company in which the government had shares. But it shut down operations last year and laid off 300 workers. We will now be importing bank notes/coins and incurring a lot of extra costs. There will be no jobs for Kenyans, no profits and no taxes for the government. We have now joined the long list of banana republics in the continent that print their notes in Europe.
We are killing local industries while talking about labour exports. Yet we don't seem to understand why the youths are angry. All these blunders will eventually catch up with us. Look at how immigrant workers are being treated in Europe. Is that the future our leaders envision for our people?