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aly khan says:
july 29th, 2010 at 07:59 am
Kenya Reduces Benchmark Rate After Inflation Slowed (Update2) Bloomberg
http://j.mp/b9zcuL

“This is a shock-therapy cut and it caught everyone off guard,” Aly-Khan Satchu, an independent Nairobi-based financial analyst, said by phone today. “They’re trying to push commercial banks to a tipping point.”

INSTANT VIEW 4- #Kenya slashes rates by 75 basis points Reuters
http://j.mp/dclxyY

Kenya's central bank unexpectedly slashed its benchmark interest rate to 6.00 percent from 6.75 percent on Wednesday and said there was room for banks to cut their own lending rates further.

ALY KHAN SATCHU, NAIROBI-BASED INDEPENDENT ANALYST

"He has wrong-footed everybody. I think the central Bank is experimenting with (the governor's) version of economic shock therapy after a period of trying the gentle art of persuasion.

"He has reset the narrative for the government of Kenya yield curve and with the sticker shock of a 75 basis point cut designed to snap the resolve of the commercial banks.

"This is a tilt aimed at snapping the spread between the repo rate and the commercial lending rate."

The Star The Magic Tipping Point The Star 12.04.2010
http://j.mp/cklDnv

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aly khan says:
july 23rd, 2010 at 11:40 am
“Code: Version 2.0”, a legal scholar, Lawrence Lessig noted that online communities were transcending the limits of conventional states

A very interesting Point and a very Disruptive Thing. Aly-Khan Satchu www.rich.co.ke

aly khan says:
july 20th, 2010 at 07:58 am
The next #revolution is coming to #Africa Cellphones are bringing it Christian Science Monitor
http://j.mp/brcKqJ

By Aly-Khan Satchu, Guest blogger / July 19, 2010
Nairobi, Kenya

Revolutions typically happen dramatically. One day, the shah of Iran is sitting pretty on his peacock throne, and the next, he is gone.