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Satchu's Rich Wrap-Up
Friday 02nd of December 2016

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Normal Board - The Whole shebang
Prompt Board Next day settlement
Expert Board All you need re an Individual stock.

The Latest Daily PodCast can be found here on the Front Page of the site


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Stunning Photos of Miami as It Used to Be VICE

"I lived down there for ten years. I would go the beach and read. I
kinda dropped out of the planet. I spent most of it lying supine.
Under an umbrella, reading. It was great. I mean, some of it was
depressing. I went there to get away—to turn on, tune in, and drop
out. And the guy who rented chairs was my grass dealer and my
cat-sitter. Perfect! It was perfect. I took a sabbatical from life. I
had been fighting to be able to read since I was ten years old, when
the only place you could be left alone was the bathroom. There was a
library that got me any book I wanted two blocks away, swimming pools,
balmy breezes. No one was there telling me to turn the light out at
night. I could read until whenever I wanted."

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Amboseli National Park
Amboseli National Park, formerly Maasai Amboseli Game Reserve, is in
Kajiado County, Kenya. The park is 39,206 hectares (392 km2; 151 sq
mi)[1] in size at the core of an 8,000 square kilometres (3,100 sq mi)
ecosystem that spreads across the Kenya-Tanzania border. The local
people are mainly Maasai, but people from other parts of the country
have settled there attracted by the successful tourist-driven economy
and intensive agriculture along the system of swamps that makes this
low-rainfall area (average 350 mm (14 in)) one of the best
wildlife-viewing experiences in the world with 400 species of birds
including water birds, pelicans, kingfishers, crakes, hammerkops and
47 types of raptor.[2]

The park protects two of the five main swamps, and includes a dried-up
Pleistocene lake and semi-arid vegetation.

240 kilometers (150 miles) southeast from the capital city Nairobi,
Amboseli National Park is the second most popular national park in
Kenya after Maasai Mara National Reserve.
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#Evening in the Amboseli


Austria and Italy up next

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14-NOV-2016 what is clear to me is that we are watching a populist wave or zeitgeist which has now swept the UK and the US and has Italy France and the Netherlands in its crosshairs
Law & Politics

What is clear to me is that we are watching a populist wave or
zeitgeist (some have characterised it as a ‘’whitelash’’) which has
now swept the United Kingdom and the US and has Italy (where Matteo
Renzi has called for a Referendum), France (where Marine Le Pen is the
most popular politician by a street) and the Netherlands all in its

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14-NOV-2016 " This is the deflagration of an epoch. It's the apocalypse of this information system, of the TVs, of the big newspapers, of the intellectuals, of the journalists." @beppe_grillo
Law & Politics

“ This is the deflagration of an epoch. It’s the apocalypse of this
information system, of the TVs, of the big newspapers, of the
intellectuals, of the journalists.”

And this is another important point, traditional media has lost its
position of control. It’s been upended by the internet which allowed
insurgent politics to broadcast over the top.

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Tony Blair plans to fight growing populism with a new policy institute @business
Law & Politics

‏1AFP Hundreds of thousands of Cubans bid farewell to remains of
Fidel Castro


LATEST: Hollande says he won't run for the French presidency in 2017


@BorowitzReport: Trump Picks El Chapo to Run the D.E.A.


The Merriam-Webster dictionary says 'Fascism' is its most
looked-up word of the year The Int'l Spectator ‏@intlspectator


#Putin’s annual state of the nation address: watch live on Sputnik
today at 9:00 Sputnik ‏@SputnikInt


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.@LeonLidigu some Folks even here running @KremlinRussia_E like digital operations.
Law & Politics


We run a lot of Social Media analysis and its fascinating and
seriously pertinent.

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Putin's role as intermediary between Riyadh and Tehran was pivotal, testament to the rising influence of Russia in the Middle East Reuters
Law & Politics

Russian President Vladimir Putin played a crucial role in helping OPEC
rivals Iran and Saudi Arabia set aside differences to forge the
cartel's first deal with non-OPEC Russia in 15 years.

Interventions ahead of Wednesday's OPEC meeting came at key moments
from Putin, Saudi Deputy Crown Prince Mohammed bin Salman and Iran's
Supreme Leader Ayatollah Ali Khamenei and President Hassan Rouhani,
OPEC and non-OPEC sources said.

Putin’s role as intermediary between Riyadh and Tehran was pivotal,
testament to the rising influence of Russia in the Middle East since
its military intervention in the Syrian civil war just over a year

It started when Putin met Saudi Prince Mohammed in September on the
sidelines of a G20 gathering in China.

The two agreed to cooperate to help world oil markets clear a glut
that had more than halved oil prices since 2014, pummeling Russian and
Saudi government revenues. Oil prices are up 10 pct this week topping
$53 a barrel.

The financial pain made a deal possible despite the huge political
differences between Russia and Saudi over the civil war in Syria.

"Putin wants the deal. Full stop. Russian companies will have to cut
production," said a Russian energy source briefed on the discussions.

But Putin established that the Saudis would shoulder the lion's share
of cuts, as long as Riyadh wasn't seen to be making too large a
concession to Iran. A deal was possible if Iran didn't celebrate
victory over the Saudis.

A phone call between Putin and Iranian President Rouhani smoothed the
way. After the call, Rouhani and oil minister Bijan Zanganeh went to
their supreme leader for approval, a source close to the Ayatollah

"During the meeting, the leader Khamenei underlined the importance of
sticking to Iran's red line, which was not yielding to political
pressures and not to accept any cut in Vienna," the source said.

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Law & Politics

Syria is now one of the eight riskiest countries in the world for bribery.
The seven other riskiest countries in order are Nigeria (199th out of
199 countries), Angola, Yemen, Guinea, Cambodia, Myanmar and South

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The best quotes from Trump's defense secretary pick, James Mattis QZ
Law & Politics

“Warrior Monk.” (Mattis has another monk-like quality: he’s never married.)

“It’s fun to shoot some people. I’ll be right up there with you. I
like brawling.”

Mattis is known for this kind of bravado. He made these particular
remarks during a panel discussion in San Diego, California, in Jan.,
2005. He added: “You go into Afghanistan, you got guys who slap women
around for five years because they didn’t wear a veil. You know, guys
like that ain’t got no manhood left anyway. So it’s a hell of a lot of
fun to shoot them.”

“Be polite, be professional, but have a plan to kill everybody you meet.”

That’s the advice Mattis gave marines in Iraq, according to an excerpt
of Fiasco: The American Military Adventure in Iraq, 2003 to 2005 by
Thomas E. Ricks published in the Armed Forces Journal.

“There is nothing better than getting shot at and missed. It’s really great.”

“We have been fighting on this planet for 5,000 years and we should
take advantage of their experience. ‘Winging it’ and filling body bags
as we sort out what works reminds us of the moral dictates and the
cost of competence in our profession.”

“The first three things I asked my briefers about when I woke every
morning were Iran, Iran, and Iran.”

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12-SEP-2016 :: Mirrors on the ceiling, The pink champagne on ice @TheStarKenya
International Trade

A lot of risk calculations are based on Value at Risk (VAR).
Essentially, you overlay a volatility measure over the portfolio, and
you calculate how much money is on the line. Central banks have
suppressed volatility therefore in real terms; investors are now
holding bigger positions at these current artificially suppressed
levels. If volatility spikes, positions are going to be reduced en

Or to put it another way and to borrow the lyrics from the Eagles
Hotel California:

Mirrors on the ceiling,
The pink champagne on ice
And she said “We are all just prisoners here, of our own device” Last
thing I remember, I was
Running for the door
I had to find the passage back
To the place I was before
“Relax,” said the night man,
“We are programmed to receive.
You can check-out any time you like,
But you can never leave! “

What is clear is that we are at the fag-end of this party.

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12-SEP-2016 :: Therefore, my second trade of the year is to buy put options on 10- year bonds because this is going to pop
International Trade

Therefore, my second trade of the year is to buy put options on 10-
year bonds because this is going to pop, and when it pops, the
wizardry won’t work anymore, and at that moment there is going to be
one heck of a move.

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Currency Markets at a Glance WSJ
World Currencies

Euro 1.0684
Dollar Index 100.77
Japan Yen 113.97
Swiss Franc 1.0101
Pound 1.2622
Aussie 0.7405
India Rupee 68.335
South Korea Won 1171.58
Brazil Real 3.5771
Egypt Pound 17.8335
South Africa Rand 14.0802

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17-SEP-2012 ::The Madding Crowd
Emerging Markets

Now what are the consequences of this new 21st century madding crowd?
A madding crowd which can be inflamed by a fellow with a camera and an
account with YouTube

Frontier Markets

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World leaders typically don't get much advance notice of exploding crises. But when it comes to the Democratic Republic of the Congo they do, and with a specific date: Dec. 19

World leaders typically don’t get much advance notice of exploding
crises. But when it comes to the Democratic Republic of the Congo they
do, and with a specific date: Dec. 19. That’s when President Joseph
Kabila is constitutionally obliged to leave office after 15 years.
Just one problem: The 45-year-old leader plans to stay in power well
past his expiration date, despite his widespread unpopularity and the
specter of massive nationwide protests.

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Waiting for Mugabe's Exit, Zimbabweans Endure Shattered Economy Bloomberg

“We’re just waiting,” Garwe, 31, said in an interview in the town of
Mvurwi, north of Zimbabwe’s capital, Harare, where he fixes three or
four phones in a good week. “It’ll get better when he’s gone.”

“He” is Robert Mugabe, who’s led Zimbabwe since independence from the
U.K. in 1980 and overseen an economic meltdown that’s left an
estimated 95 percent of the workforce jobless and driven as many as 3
million people into exile. Even though the ruling Zimbabwe African
National Union-Patriotic Front, or Zanu-PF, insists Mugabe will be its
presidential candidate in the next elections in 2018, there’s a
growing belief that the 92-year-old’s rule is nearing its end.

As the Mugabe era enters its twilight, Zimbabwe is facing rising
poverty and protests. A power struggle in the ruling party to succeed
him pits one faction backing his wife Grace and another coalescing
around Vice President Emmerson Mnangagwa, a former spy chief. At the
same time, unrest is spreading over food shortages and a cash crunch
that has delayed payment of salaries and prompted the central bank to
introduce dollar-pegged bond notes that Zimbabweans immediately dubbed
“zombie currency.”

Brezhnev Zvouya, a 32-year-old resident of the town of Banket which
lies about 96 kilometers (60 miles) northwest of the capital, points
at a Zanu-PF slogan “Empower, Employ, Indigenize” on his tattered
T-shirt. “Big, big lie,” he said. “No new jobs, and people with jobs
have no guarantee of being paid. Zanu is rotten.”

“The introduction of bond notes won’t make any difference because
you’re only allowed $150 a week and many places won’t accept them as
real money,” said Joel Matamba, a farmer from the tobacco-growing
region of Mutepatepa in northern Zimbabwe, who pays his eight staff
about $150 each a month. “It’ll take me eight weeks to pay each worker
what I owe them for a month of work. There are no banks here; these
people have to be paid in cash.”

“Mugabe’s decision to purge Mujuru and her allies was a critical
blunder that brought to life the one party that could pose a real
threat to the ruling party’s clutch on power,” Charles Laurie, head of
country risk at Bath, England-based Verisk Mapelcroft, said in an
e-mailed response to questions. “Her personal knowledge of the Zanu-PF
playbook means that for the first time the ruling party will face a
political opponent that intimately understands its strategies.”

“Life can’t improve while the old man is in State House, so the
country’s waiting for him to go,” Garwe said. “No one can chase him
out, no one has that power. When he’s gone, we can start repairing the


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25-JUL-2016 Countries like Zimbabwe feel like they are right at the Edge that Hunter S. Thompson described

“The Edge...There is no honest way to explain it because the only
people who really know where it is are the ones who have gone over''

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Lured by power, female extremists prove hardest to help: expert

Women who join violent extremists such as Nigeria's Boko Haram are
lured by the promise of power and influence they otherwise would not
get in their everyday lives, a top expert said on Thursday.

With that empowerment, women entangled in extremist groups are far
more difficult than men to deradicalise and reintegrate into their
communities, said Fatima Akilu, executive director of the Neem
Foundation, a nonprofit group aimed at countering extremism in

When Boko Haram swept through northern Nigeria's towns and villages,
its fighters had money and power and often were very appealing to
local women, who typically married as children, with some brides as
young as 9, Akilu said.

"They were the new cowboys in town, but more than that they afforded
these women a lot of choices," she said.

Women who joined Boko Haram were permitted to learn to assemble
weapons, to become combatants, to own slaves and even have a say in
which Boko Haram member to marry, she said.

"For the first time in their lives, these women had so many choices,
and a lot of them became powerful in the Boko Haram movement," said
Akilu, who founded the Nigerian government's deradicalisation

"These women now come out with such expectations in terms of their
changed roles, and society has not changed to meet them."

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Iranians in Kenya face terrorism charges for Israeli embassy 'attack plot' @Jerusalem_Post
Kenyan Economy

NAIROBI - Two Iranians and their Kenyan driver, who worked for the
Iranian embassy in Nairobi, were charged on Thursday with collecting
information for a terrorist act after filming the Israeli embassy,
lawyers said.

Sayed Nasrollah Ebrahimi, Abdolhosein Ghola Safafe and driver Moses
Keyah Mmboga "were found taking video clips of the Israeli embassy ...
for the use in the commission of a terrorist act," according to a
charge sheet produced in court.

The three men were in a car belonging to the Iranian embassy when they
were arrested on Tuesday, the court papers said. The diplomatic status
of the two Iranians was unclear.


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The East African Tea Trade Association (EATTA) has signed a Sh150 million agreement with Trade Mark East Africa (TMEA) to automate tea trading at the Mombasa weekly auction
Kenyan Economy

The automation of the 60-year-old auction, expected to be complete
within a year-and-a-half, will cost Sh151.1 million ($1.5 million)
provided by TMEA.

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Kenya Shilling versus The Dollar Live ForexPros 101.846
Kenyan Economy

Nairobi All Share Bloomberg -6.15% 2016


136.74 +0.13 +0.10%

Nairobi ^NSE20 Bloomberg -19.55% 2016


3,250.62 +3.43 +0.11%

Every Listed Share can be interrogated here


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by Aly Khan Satchu (www.rich.co.ke)
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December 2016

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