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Satchu's Rich Wrap-Up
 
 
Wednesday 15th of February 2017
 
Morning
Africa

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Normal Board - The Whole shebang
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Goldman Sachs Group Inc. climbed to a record high.The shares rose 1.3 percent to $249.46 at 4 p.m. in New York, passing a record close set in late 2007
Africa


The pre-eminent Trump Beneficiary which is ironic when you consider
how much was made of Goldman Sachs and Hillary Clinton.

Home Thoughts

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Dec 26 @alykhansatchu: Fort Jesus Mombasa
Africa


Built by the Portuguese at the end of the 16th century at the southern
edge of the town of Mombasa, over a spur of coral rock, and kept under
their control for one century, Fort Jesus, Mombasa, bears testimony to
the first successful attempt by Western civilization to rule the
Indian ocean trade routes, which, until then had remained under
Eastern influence.

My Father and my Grandfather occupied an Office in Ralli House for
much more than a half century. Yesterday we drove by Fort Jesus,
visited my Mother's grave and had to move with some despatch in the
Office. The Office had not been cleaned for Eternity - It felt like I
was sitting in a dust-bowl something like the Amboseli right about
now. . And then characters would appear out of the dust.

''What about the shelves?'' ''What about this and what about that?''

You see other Peoples characters very clearly like through a
magnifying glass in these sorts of moments.

Mombasa is as always steamy.

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Between Message and Martyrdom: The World Press Photo of the Year
Law & Politics


The photograph is a still image of messages, trapped fleetingly. For
that reason, it has been seen as mimicking death, a mask forever
preserved. It suspends, a captured meaning hovering in time. That such
images become weapons is undeniable. Not all are poetic notices to the
great and the good. They are often reminders of the bountifully nasty,
an inspiration for what is to come.

The photograph taught us, effectively, a new visual code, a Susan
Sontag reminds us. In instructing us on that code, “photographs alter
and enlarge our notions of what is worth looking at and what we have a
right to observe.”

The right as to what to observe, and what is worth looking at. The
award of the “World Press Photo of the Year” Burhan Özbilici’s
dramatic shot featuring the slaying of Russian ambassador Andrei
Karlov in an Ankara art gallery is one such example, a fistful of
tensions and discomforting points. It has divided and abhorred judges;
it has drawn out parallels and debates.

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Kim Jong-un's half-brother dies after 'attack' at airport in Malaysia
Law & Politics


South Korea’s TV Chosun, a cable-TV network, reported that Kim had
been poisoned by two women believed to be North Korean operatives, and
the Yonhap news agency reported that the suspects in Kim’s death fled
the scene in a taxi.

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"I think the president was right to ask for his resignation," Ryan said.
Law & Politics


Less than a month into his presidency, Trump’s national security team
is in disarray. An all-hands meeting was called for the National
Security Council staff Tuesday morning, where the agency’s acting
director, retired Army Lieutenant General Keith Kellogg and his deputy
K.T. McFarland spoke, according to people familiar with the matter.

“I think misleading the vice president really was the key here,”
Conway said in an interview with NBC News. Flynn decided “that the
situation had become unsustainable for him here and, of course, the
president accepted that resignation.”

Conclusions


Quite a remarkable scenario but evidently Flynn was a conduit.

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05-DEC-2016 :: "We have a deviate, Tomahawk."
Law & Politics


However, my starting point is the election of President Donald Trump
because hindsight will surely show that Russia ran a seriously
sophisticated programme of interference, mostly digital. Don DeLillo,
who is a prophetic 21st writer, writes as follows in one of his short
stories:
The specialist is monitoring data on his mission console when a voice
breaks in, “a voice that carried with it a strange and unspecifiable
poignancy”.
He checks in with his flight-dynamics and conceptual- paradigm
officers at Colorado Command:
“We have a deviate, Tomahawk.”
“We copy. There’s a voice.”
“We have gross oscillation here.”
“There’s some interference. I have gone redundant but I’m not sure
it’s helping.”
“We are clearing an outframe to locate source.”
“Thank you, Colorado.”
“It is probably just selective noise. You are negative red on
the step-function quad.”
“It was a voice,” I told them.
“We have just received an affirm on selective noise... We
will correct, Tomahawk. In the meantime, advise you to stay redundant.”
The voice, in contrast to Colorado’s metallic pidgin, is a melange of
repartee, laughter, and song, with a “quality of purest, sweetest
sadness”.
“Somehow we are picking up signals from radio programmes of 40, 50, 60
years ago.”
I have no doubt that Putin ran a seriously 21st predominantly digital
programme of interference which amplified the Trump candidacy. POTUS
Trump was an ideal candidate for this kind of support.

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30-JAN-2017 Bannon has been appointed to the National Security Council.
Law & Politics


The impetus seems to be best explained by Steve Bannon, Trump’s chief
strategist and counsellor. “I’m a Leninist,” Bannon proudly
nproclaimed. “Lenin wanted to destroy the state, and that’s my goal
too. I want to bring everything crashing down, and destroy all of
today’s establishment.” Bannon has been appointed to the National
Security Council.

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"Our government continues to be in unbelievable turmoil" Army Gen. Raymond "Tony" Thomas told a symposium in Maryland.
Law & Politics


"Our government continues to be in unbelievable turmoil. I hope they
sort it out soon because we're a nation at war," Army Gen. Raymond
"Tony" Thomas told a symposium in Maryland.

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Currency Markets at a Glance WSJ
World Currencies


Euro 1.0580
Dollar Index 101.18
Japan Yen 114.34
Swiss Franc 1.0061
Pound 1.2461
Aussie 0.7674
India Rupee 66.925
South Korea Won 1138.52
Brazil Real 3.0849
Egypt Pound 16.5085
South Africa Rand 13.0762

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Johnson joked about the autocrat who spent 22 years in power, Yahya Jammeh - calling him "Jammeh dodger"
Africa


He has written nostalgically of colonialism in Africa. “The continent
may be a blot, but it is not a blot upon our conscience,” he once
wrote in a column in the Spectator. “The problem is not that we were
once in charge, but that we are not in charge any more.”

He apologised in 2008 for a 2002 column entitled “If Blair’s so good
at running the Congo, let him stay there” in which he referred to
“flag-waving piccaninnies” and wrote of Tony Blair’s arrival: “No
doubt the AK47s will fall silent, and the pangas will stop their
hacking of human flesh, and the tribal warriors will all break out in
watermelon smiles to see the big white chief touch down in his big
white British taxpayer-funded bird.”

But at a press conference on Tuesday, the foreign secretary’s press
team prevented Gambian journalists from asking questions about this,
saying beforehand that their questions were “too aggressive” and
“insulting”.

Johnson said that Britain could help the Gambia – which Adama Barrow’s
government said had been looted by Jammeh before he left for
Equatorial Guinea – with its education, security and “your wonderful
tourism industry”, adding that it had been “hard to have a
relationship of the fullness that we want” while the old president,
who pulled his country out of the Commonwealth and threw out
diplomats, was in power.

Conclusions

A lot depends on the amount of support Adama Barrow can marshall and
so far its looking promising.

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South Africa All Share Bloomberg +3.58% 2017
Africa


Dollar versus Rand 6 Month Chart INO 13.094 [strong ZAR performance in 2017]

http://quotes.ino.com/charting/index.html?s=FOREX_USDZAR&v=d6&t=c&a=50&w=1

Egypt Pound versus The Dollar 3 Month Chart INO 16.5085 [Buyers
who bought at 19.00+ a few weeks ago]

http://quotes.ino.com/charting/index.html?s=FOREX_USDEGP&v=d3&t=c&a=50&w=1

Nigeria All Share Bloomberg -6.86% 2017

http://www.bloomberg.com/quote/NGSEINDX:IND

Ghana Stock Exchange Composite Index Bloomberg +7.36% 2017

http://www.bloomberg.com/quote/GGSECI:IND

Congolese soldiers kill at least 101 in militia clashes: U.N

http://af.reuters.com/article/topNews/idAFKBN15T1GZ

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Kenya's Vote Preparations Thrown Into Doubt by Court Ruling
Kenyan Economy


Kenya’s preparations for general elections in August face “a period of
uncertainty” after the High Court nullified a ballot-paper printing
contract, the Independent Electoral and Boundaries Commission said.

The commission may appeal the ruling over the contract that had been
awarded to Dubai-based Al Ghurair Printing and Publishing Co., IEBC
spokesman Andrew Limo said in a statement e-mailed Monday. Kenya is
scheduled to hold presidential and legislative elections on Aug. 8.

“The decision sends the preparations for the general election into a
period of uncertainty,” Limo said. “The commission wishes to assure
the country that it will do everything possible to ensure that we have
credible elections.”

Any lack of trust in the electoral body “doesn’t bode well for the
elections in August,” said Ahmed Salim, an analyst at Teneo Strategy
in Dubai. “The court ruling deals a double blow to the IEBC’s
preparations. It comes at a time when they are failing to meet their
voter-registration targets. They will need to get some trust and
confidence back to the public.”

Conclusions

Linguistic contention levels continue climbing.

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Kenya Shilling versus The Dollar Live ForexPros
Kenyan Economy


Nairobi All Share Bloomberg -6.29% 2017

http://www.BLOOMBERG.COM/quote/NSEASI:IND

124.95 -0.16 -0.13%

Nairobi ^NSE20 Bloomberg -7.93% 2017

http://j.mp/ajuMHJ

2,933.46 -0.23 -0.01%

Every Listed Share can be interrogated here

http://www.rich.co.ke/rcdata/nsestocks.php

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by Aly Khan Satchu (www.rich.co.ke)
 
 
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February 2017
 
 
 
 
 
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