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Hugeclan.co is a versatile entertainment website that has a vast collection of wholesome informative and entertaining articles covering a variety of relatable and interesting topics. It is also a hub for everything happening in and around East Africa. And for all you foodies out there, we have the info on where to find the perfect meal that will leave your taste buds grateful.
New Mix Series . . DJ Swift Skillz
Beats Per Month - April 2024 - [ DanceHall Vs. UrbanTone ] Listen to Beats Per Month - April 2024 - [ DanceHall Vs. UrbanTone ] by Swift Skillz on hearthis.at | Dancehall, Danceha
Pale LinkedIn, The Fintech Association of Kenya news channel just reached 50,000 followers. That is 50,000 brilliant minds who consume our finance and tech news daily. Knowledge and information is power. That is why Warren Buffet and his partner, Charlie Munger, spend so much time reading. CEOs and those in management start their day by reading our platform and business newspapers.
You can be part of this community, by following us on LinkedIn, which is niche and with fewer distractions. Or you can still follow us here for the latest, hottest news in finance and technology, and business as well.
We have also curated profiles of the industry honchos and thought leaders.
Let us keep the conversation going.
Boston University research suggests China is poised to lead Africa's renewable energy revolution, following years of limited green power investments on the continent.
Amid China's emergence as Africa's primary bilateral trading partner, researchers emphasize the urgent need for a shift in focus towards green and low-carbon energy investments. Despite President Xi Jinping's pledge to curb coal-fired power projects abroad, Chinese financing has predominantly supported fossil fuel ventures, with only a marginal allocation to renewables.
From 2000 to 2022, China's primary development finance institutions allocated a mere 2% of their $52 billion energy loans to renewable projects, while over 50% subsidized fossil fuel initiatives.
This stark disparity underscores the critical imperative for recalibrating investment strategies towards sustainable energy solutions.
While Chinese financing has historically prioritized commodities extraction and electrification endeavors, the potential for bolstering Africa's energy access and transition remains vast. The continent, boasting one of the world's highest green energy.
Follow Fintech Association of Kenya here and especially on LinkedIn for more stories.
Kenya has some of the richest people in Africa. By rich, I mean, filthy rich, even by global standards, if all their wealth was to be laid out in the open.
But, save for a few Indians, nearly all rich men in Kenya rarely give away their wealth. Nigerians, Sudanese, a few Ugandans, Egyptians, and South African rich folk have evolved to at the very least parcel away their wealth, either to schools, hospitals, and sports.
Notably, Tony Elumelu whose commitment to giving away grants annually is commendable. This year, 1104 ambitious young ambitious entrepreneurs from Africa will benefit from $5, 520,000 non-refundable grant from Elumelu, the Nigerian philanthropist.
Twice I have applied for the grant, and twice I have flopped, though. This cohort had 13,500 participants.
This is some of the news from around Africa in the Fintech Association of Kenya weekly newsletter. Hapo kwa comment, you can read all the hot business news of the week.
I have been thinking about how the mainstream media in Kenya can bounce back to profitability. It is an uphill task, and this year, more than anything else, they are likely to sink even further. But is there a way out? In this three-part series, I start with a brief background about how the media got to where it is presently. In the second part, we will delve into internal problems, and in the last, we can learn from the best practices from across the world.
Enjoy.
Gram Marketing Insights | LinkedIn Silas Nyanchwani | Gram Marketing Insights blends traditional marketing approaches with contemporary ideas that businesses are employing
The mainstream media has been outdone, outshined, and displaced and every passing day tends to bring their death sentence nearer.
The decline of mainstream media in Kenya started in 2015. A combination and conflation of several factors heralded a new era of sharp declines in profitability for mainstream media, made worse by the slow response to the new realities by managers at the mainstream media organizations. Most managers were surprisingly (really ironically) Luddites. I used to write a popular column in one of the tabloids that were never availed online until a week later because the boss wanted people to buy the hard copy of the newspaper. This was in 2016 when everyone wanted to win the eyeballs on the internet. Usually, people shared the screenshot of the column to my chagrin, and I always wondered, what if, the article was shared online and the media found a way to lure advertisers to the digital space?
Read my newsletter on LinkedIn. Subscribe to it, while at it.
Do you Love Dancehall, If the answer is yes, Click the Link Below , Listen , download and Share Widely.
DanceHall Riddim Up - 1 Listen to DanceHall Riddim Up - 1 by Swift Skillz on hearthis.at | dancehall, Riddim, Vybz Kartel, Konshens, Popcaan, de
Before mlale, hebu tufike 1,000 followers here. And stay with the page for finance and technology related news.
https://www.facebook.com/FintechAssociationOfKenya
Fintech Association of Kenya The Association shall be the umbrella body for fintech in Kenya and shall have the following objects
I am done with Nairobi. I have been for some time. If I were to get a job in a different town or still a different country, I would move out. Pronto.
Strangely, I will not miss this place. I will not look back with misty nostalgia, pining for the good old days. Wherever I will move and settle, will be my home and future.
The thing with Nairobi, it either works for you, or it doesn't. For those it has worked, it is a wonderful place. For those it has not worked, it is a day and nightmare.
In the last ten years, many people have moved out of Nairobi. Initially, the newly formed Counties did steal a chunk of Nairobians.
But starting around 2015, when our economy began to shrink courtesy of Uhuru Kenyatta and William Ruto's ballooning debt, people slowly moved out of Nairobi. Leading to the 2017 elections, I wanted to buy a matatu, and while talking to relatives in the matatu sector, they told me that people had moved out of Nairobi such that it was no longer lucrative. If one made 12 trips in 2013, now they were making maybe 8-9, and in the matatu sector, every coin counts.
I really stun the guys who took a risk and moved out of Nairobi. As I have written in Memos Vol.1, moving out of Nairobi or Kenya is an option if things are not working.
I want to know for those who moved out of the city, did things work out?
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Here’s the FULL 8 mins video of Liquorose narrating what happened between her and Emmanuel in Dubai.
Shippers in the Mud! Emmanuel and Liquorose breakup | BBNAIJA REUNION
Oulanyah’s Body arrives in Uganda
Zari the Bosslady’s altercation with Annie Idibia
Thieves captured by CCTV camera as they attempt to break in to homes in Nansana, Wakiso district
Job Loss Shame
By Silas Nyanchwani
There is a certain shame that comes with losing a job. It is particularly worse for men.
I have noticed when men lose their jobs, they rarely want to disclose to anyone. Like a woman who just divorced her husband and not telling anyone (it takes a while before they can tell their parents), most men too are reluctant to tell anyone that they have lost a job.
Covid did give us men a cover to claim of "I work from home."
You only know a man has lost his job when he moves from Lang'ata or South C to Syokimau, Athi River(Great Wall, the big dormitory), or Kitengela. You notice he has downscaled his car or sold it altogether. You notice he has become evasive. Then soon comes the depression.
Job loss is a scary thing.
We live in a society where men are primarily viewed from the lens of provision. Not just by their wives and children, but by everyone attached to them.
We derive pleasure, joy, sa**sm, importance, recognition, love, happiness when we send money, when we pay school fees, when we upgrade an appliance in the house. And society learns to only look at us as providers.
Without money, only your mother and father can be understanding. To the rest you become invisible.
The job loss stigma is real.
I see most men get confused a lot. Because job loss, like death, almost always has some awful sense of timing. You are always on the middle of the loans. You are almost always not in the best terms with wife.
It is worse if you are 35+ with little or no prospect of getting a good job going forward.
When we lose our jobs, there is the initial denial that reality quickly shatters. The effect of missing the next paycheque is always instant. And for men in two-income house holds, good luck if the wife will be understanding. If her job is stable and earns more, for some reason she will start to get impatient. Very few men live in their marriages long after the job is gone. Some are kicked out immediately and mercilessly. And some are humiliated slowly, like a cancer, to a point they pack and go. Shaken.
He has his family to deal with. First it starts with sympathy and empathy, that quickly turns mawkish. I have seen some act in a manner to suggest that you are bereaved. Of course, job loss comes with a lot of grief. You lose yourself, your charm, your interest in life.
As a man, with no formal job for a while, I have received the calls, the concerns, the pain of those close to me. And I have seen what other men go through. Crazy man.
When a man loses his job, his first biggest challenge will be where does he spend his days.
For starters, most married men with families are literally strangers in their own home. The only time they can touch the TV remote is during the 9 o'clock news. Other times the TV is for the kids, house help and wife.
Wives have never approved of a man staying at home. For a myriad of reasons, not limited to the man becoming too familiar with the mboch. But really, she prefers you slaving away for the family.
Secondly, most of your peers will he probably at work, so you only meet for drinks, in the evening. But soon, drinks become unsustainable because joining friends for a drink when you are jobless is a su***de mission. Because some friends will buy you lots of liquor(expensive but will never give you a coin) and there is always pressure to reciprocate a round. Which becomes difficult. At some point you are so broke, and your friends spend tens of thousands and you don't even money for Uber home. Because of your ego(and some male friends will tell you upright 'I can't drop you home you live too far), you end up hurting yourself and in subsequent meetings you go into hiding. But where?
You can't go to the village because, "what will the villagers think or say?" For some men, they are not even invited in their rural homes. Baba mzazi ni tyrant na mama pia ni mgumu. Rumours will fly on how you are sick. If you have ever been arrogant, the villagers will laugh how the world has humbled you, you know, "malipo ni hapa hapa duniani."
So, job loss becomes a painfully individual problem where you don't know where to hide. Because your home becomes a war zone.
I talk to older men who are jobless and it is always a pity. We should always pray for them. It is never that easy. That is why some drink themselves silly to hide the shame. Some end their lives. Some get depressed and let themselves go. Some even become conmen.
I want to tell men with jobs today that always treat everyone kindly. Especially your family(it matters less with some women how you treat them, you ain't providing, there is no respect), but at least do your part. Respect your friends, family and your juniors..
Should you get a job and upgrade life, e.g move from Kayole to Lavington, maintain your base at Kayole. Be intentional with the friendships and kinships. Some men change their circles as soon as they omoka, and when they go down they have no one to turn to. Friends at the top are the fakest. And they can't go back to Oyole.
Secondly, when you have a job, invest in the village. When you lose a job, if you got a good crib on the village, and you have a strong sense of kinship, you can spend time on the village unbothered. Invest in friendships. Genuinely and deliberately. Not transactional...Be the person who can drink his 25-year-old whiskey, and who is at home with Blue Moon, when you have to.
Thirdly, understand life's cycles and realities such as the likelihood of losing your family if your income tanks(common among the educated, two-income house holds). Just know you can easily end up a deadbeat and your children will be turned against you. Live with this possibility.
And when you lose your job, accept the reality rapidly and make necessary adjustments. What we call negative coping mechanisms. It will be hard to convince your woman to move her from Ngong Road to Mlolongo, especially if she can afford Ngong Road on her own. But good luck with such a scenario. Rule No. 8 of Hypergamy states: A woman never goes back on her lifestyle.
Lastly, when employed try and network with as many people as possible. Try and have some marketable skills. Keep all the good contacts and never hesitate to call guys and tell them about your availability. Avoid being choosy.
Above all, maintain your frame, a positive outlook about life, be prayerful if you believe and know the world defines men's value by what you have in your pocket. But try and make it known to people that you are worth more than your paycheque.
And to all of us, may we be kind and understanding to folks with no jobs, let us not pressure them to buy a round(and for men, balance showing up in a bar after a job loss, don't completely go under, but also, don't be too available).
To married women who become harsh when the man loses his job always be understanding. Sometimes the man doesn't even have fare and staying home is the only option. In the event you kick him out, never deny him access to kids. This is killing a lot of men in these town. It is a silent epidemic. For women who do these, know you are killing the father of your babies and denying the babies a critical aspect of their life.
Always be thoughtful.
Let us end job loss stigma, and support those who lose jobs(men and women), in the best way possible.
Later today we mourn remember Madilu. Been 14 years without Ninja.