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The African Billfish Foundation have published their latest newsletter and are, once again appealing for new members to join and support their tagging programme for the current season./lifestyle/african-billfish-news-its-all-about-the-marlin
The Kenya shilling has fared poorly against major currencies this week. It has more to do with factors affecting these currencies rather than the shilling. The Euro has been marred by the debt crisis in Greece and Portugal, which is only marginally better off. The Euro fell to a four-year low against the US Dollar causing risk-averse traders and investors to exchange their Euros for dollars. The increased demand for the dollar has weakened the Kenya shilling, which this week has fallen to a 12-month low. Kenyan exporters earning US$ dollars are benefiting but the horticultural sector is on the path to despair, with the majority of its exports being to Europe. Importers of course are also no doubt feeling the impact. Kenya is still on the path to a more stable and growing economy but there are now heightened inflationary pressures. The month on month inflation rate for March 2010 stood at a low of 3.7%. An unstable exchange rate also has its implications. As the Europeans try to agree on the bail-out for Greece, there are more European countries with weak economies on the periphery. And as seen with the previously US-led financial crisis, the impact is wide. Several markets around the world are now under pressure and volatile. In the meantime, Kenya can do little but watch and weather the storm. Althea McCourt ABIS Limited/lifestyle/kenya-shilling-takes-a-dip
The Kenya shilling has fared poorly against major currencies this week. It has more to do with factors affecting these currencies rather than the shilling. The Euro has been marred by the debt crisis in Greece and Portugal, which is only marginally better off./lifestyle/kenya-shilling-takes-a-dip-2
In 1958, a blue collar family with seven children had one more to add on to the ten they would eventually have. But the eighth one was the special one. He was special because he showed great promise as a musician far beyond his four elder brothers./lifestyle/michael-jackson-tribute-artist-mj