ngatara kiarie

Door to door Salesman with a great affinity for #Manutd and all things Financial.

[GehGeh_Media @Gegeh_media]

This is business

[Mwango Capital @MwangoCapital]

Business Daily | July 7, 2026

— The CMA has warned special funds against marketing abnormally high returns without adequate risk disclosures and is pushing for tighter regulation and a stronger code of conduct for the sector.
— The government will extend the SGR from Syokimau to Nairobi Central Station, creating a direct rail link to the CBD to reduce congestion and improve commuter access.
— The NSE returned 18.8% in US dollar terms in H1 2026, its strongest first-half performance since 2007, driven by blue-chip gains and a stronger shilling.
— Uber, Bolt, and Glovo are opposing the introduction of a new operating permit that would significantly increase their licence fees to operate in Kenya.

[Julians Amboko @AmbokoJH]

Glee Hotel has been placed under administration.

The hotel has hosted quite a number of Parliamentary public participation sessions, including those of Finance Bill 2026.

[ADF Magazine @ADFmagazine]

Rerouting shipping traffic around South Africa exposes maritime blind spotsRerouting shipping traffic around South Africa exposes maritime blind spotsRerouting shipping traffic around South Africa exposes maritime blind spots.

[Pesa Wall @PesaWall]

VBL Industries (Kenya) Limited has agreed to acquire the business of Devyani Food Industries (Kenya), the company behind Daima dairy products for about Sh4.15 billion ($32 million).

The transaction is expected to be completed on or before August 1, 2026.

[sources below]

1/3

[Chris Meder @EVCurveFuturist]

In Australia, for decades, the number of petrol & diesel vehicles increased every year. But after BEV market share surged from 0.5% in June 2021 to 24% in June 2026, and total NEV market share (BEVs + PHEVs) reached 35.8%, we're now seeing the beginning of the end of the ICE age.

This matters because EVs are no longer just a niche technology adding to overall vehicle growth. They are increasingly replacing the incumbent technology itself.

Why is this happening?

⚡ EVs are becoming cheaper to buy
⚡ They are already substantially cheaper to run
⚡ Australia imports almost all of its oil but produces abundant electricity
⚡ Battery & renewable energy costs continue to fall
⚡ Opening to China has brought massive competition, choice and price pressure
⚡ Consumer satisfaction with EVs remains extraordinarily high

And why does it matter?

📉 Oil demand enters structural decline
📉 Fuel import dependence falls
📉 Transport emissions decline
📈 Electricity demand grows
📈 Australia's energy security improves

My expectation is that by 2030, Australia could plausibly reach:

🔋 70–90% EV share of new passenger vehicle sales
🚚 Meaningful electrification of commercial transport
⛽ Road fuel demand clearly past its peak
⚡ A transport system increasingly powered by Australian electrons rather than imported oil

History rarely announces itself while it's happening. But I suspect we'll look back on the mid-2020s as the moment Australia quietly began the end of the internal combustion age. 🇦🇺⚡🚗 #Bettrification

https://t.co/YWkoJDfY9l

[☀️ Marc ☀️ @marcje74]

In Noorwegen is 99% van de nieuwe auto’s elektrisch. Niet plugin maar volledig elektrisch.

[Aakash Gupta @aakashgupta]

Taiwan solved tax evasion in 1951 with a trick so cheap it should embarrass every tax authority on the planet.

The problem was an all-cash economy full of small shops. A merchant pockets the cash, skips the receipt, and the sale never existed. Auditors can't catch what was never recorded, and hiring enough of them to watch every noodle stand costs more than the missing tax.

So finance chief Ren Xianqun flipped the incentive. Print a lottery number on every receipt. Draw winners every two months on live TV. Top prize today: NT$10 million, about $310K.

Suddenly the customer and the shopkeeper want opposite things. The merchant wants the sale off the books. The customer wants the ticket. And there are millions more customers than merchants. Every transaction now carries a built-in witness demanding the paper trail.

Year one, reported tax revenue jumped 75%, from NT$29 million to NT$51 million. Seventy-five years later, roughly 70% of Taiwanese still play. Convenience stores redeem the smallest NT$200 prizes at the register, so even a coffee receipt feels like a scratch card.

The elegant part is what the audit force costs. The prize pool runs about NT$7 billion a year, roughly $20 million. In exchange, the government gets 23 million unpaid auditors working every checkout line in the country, forever. No inspector general on earth delivers that coverage at that price.

Greece, Italy, Portugal, and Slovakia all copied it. The most effective compliance tool ever built looks like a game, and that's exactly why it works.

[CR1337 @CR1337]

In order to prevent stores from evading taxes, every receipt in Taiwan is automatically a lottery ticket, too, which can win up to $300k, turning customers into voluntary tax auditors:

[‏ً @heisdenji]

Idris Elba says he was given one warning before auditioning for The Wire: don’t let them know you’re British.

Trevor Noah: “I’ve seen people get shocked when they find out you’re not American.”

Idris Elba: “I was unemployed, bro.”

“I was living in New Jersey. I was bartending, working the door, DJing.”

“Before you know it, you just start speaking like an American.”

“Then my casting director said, ‘This thing has come up. It’s called The Wire.’”

“‘But if you go in, you cannot let them know you aren’t American.’”

“‘This is about Baltimore. It’s very specific.’”

“So I auditioned for four weeks straight in an American accent.”

“Then at the fourth audition, they looked at me and said…”

“‘Idris… where are you from?’”

Trevor Noah: “‘Where are you from?’ That’s the phrase every immigrant is terrified of hearing.”

Idris Elba: “My palms started sweating.”

“I’m thinking… they told you not to say anything.”

“I looked at them and said…”

“‘I’m from East London.’”

“The room just exploded.”

“‘Oh my God… we had a bet.’”

“‘We knew you weren’t from Baltimore or Brooklyn, but we never guessed England.’”

“‘You got the job.’”

“‘We don’t want you to play Avon.”

“We want you to play Stringer Bell.’”

“I walked out thinking…”

“‘Did my life just change?’”

[John Raymond Hanger  @johnrhanger]

Utah's largest solar & battery plant starts operating!

400 MW PV & 400 MW/1600 MWh battery!

$1.1 billion

40-year life!

$60 million in taxes in 20 years for schools & local gov.

$8 million for Affordable Housing.

Payments to landowners!
https://t.co/VwYKzcvHqJ

[Bloomberg @business]

SK Hynix, the South Korea-based semiconductor manufacturer, is preparing for a massive $29 billion US stock-market listing as early as this week. @MikeShepard4 reports on how it would help it compete with rivals Samsung and Micron.

[Chris Meder @EVCurveFuturist]

This is a much bigger story than a 1% decline.

For the first time in modern history, the world's largest energy system — with more than 4.1 TW of installed capacity — appears to be showing a sustained decline in CO₂ emissions while electricity demand, industrial output and economic activity continue to grow.

This isn't happening because China is consuming less energy. It's happening because China is rapidly replacing fossil energy growth with electrification and clean electricity at unprecedented scale.

In just the past year, China added around 434 GW of solar, wind and storage, while electrification of transport, industry and buildings continues to accelerate:

🚗 Passenger EVs now dominate new car sales.
🚚 Commercial vehicles and heavy trucks are electrifying faster than most forecasts anticipated.
🏭 Industry is increasingly switching from fossil fuels to electricity.
🏢 Heat pumps, electric boilers and other commercial electrification technologies are scaling rapidly.

One year doesn't establish a trend. But if this decline persists, historians may eventually look back on March 2024 as the moment the world's largest emitter reached its true emissions peak.

The significance is hard to overstate: if a 4.1 TW energy system serving 1.4 billion people can grow while reducing emissions, then the argument that decarbonisation and economic growth are fundamentally incompatible becomes much harder to sustain. #Bettrification

[ba sing slay 💅🏽 @kigutasheilaa]

Japanese student, Rio Nakagawa, visited Nairobi and fell in love with Congolese music. He decided to travel to Kinshasa and later on started a band named Yoko Choc Nippon in Japan.

[Assaad Razzouk @AssaadRazzouk]

Between 2015 and 2025, Africa recorded the largest regional drop in utility solar costs on Earth
>Installed solar costs down 76% from $3520/kW to $837/kW
>Weighted-average solar LCOE down 77% from $222/MWh to $52/MWh

Result: New gas plants lock long-term inflation and stranded-asset risks. Stored solar is structurally undercutting fossil fuel fuel-costs, protecting power grids from price spikes and shifting fossil assets into permanent economic obsolescence

Yes, legacy gas power assets are obsolete

Wires chewing pipelines

[McKinsey Global Institute @McKinsey_MGI]

China’s gross investments total $5.9T annually – ~30% of its GDP. The US invests $5.1T. The EU invests $3.1T.

In net terms, China attracts 3x–5x more productive capital each year than the US and Europe combined.

Where productive investment is happening: https://t.co/kW24qZkHC3

[Ciru Muriuki 🇰🇪🪬 @CiruMuriuki]

I just watched a video where adults in Korea meet up to play cops and robbers, and I thought about organizing one here until I realized we would be joined by real robbers 😅

[Moe @moneyacademyKE]

Marriott International, one of the world's largest hotel chains, has ended its 34-year partnership with PepsiCo and signed a global beverage deal with Coca-Cola.

The rollout will cover about 10,000 hotels in 146 countries, including African markets such as Kenya.

[Dr. Eng. John Mativo CP³P @MativoMJohn]

I will be speaking during the upcoming IEEE PowerAfrica Conference 2026 at Safari Park Hotel in September.
https://t.co/BkQ7H1qIHr
#IEEE #PowerAfricaConfetence2026

IEEE PowerAfrica Conference 2026
IEEE Power & Energy Society and
IEEE Industry Applications Society

300+ Papers Submissions | 700+ Authors | 50+ Countries | 700+ Reviews

[Mwango Capital @MwangoCapital]

NSE Week 27 (26 June–3 July 2026)

— Top Gainer: Nairobi Securities Exchange ▲17.4% to KES 22.90
— Top Loser: Crown Paints ▼6.1% to KES 61.50
— NASI: ▲2.14% to 227.2
— Market Cap: KES 3.81T ▲2.14%
— Equity Turnover: KES 215.26B ▲2,817.6%
— Bond Turnover: KES 54.99B ▼30.9%
— Net Foreign Outflow: KES 24.7M