home | rich profile | rich freebies | rich tools | rich data | online shop | my account | register |
  rich wrap-ups | **richLIVE** | richPodcasts | richRadio | richTV  | richInterviews  | richCNBC  | 
Satchu's Rich Wrap-Up
Tuesday 22nd of May 2018

Register and its all Free.

If you are tracking the NSE Do it via RICHLIVE and use Mozilla Firefox
as your Browser.
0930-1500 KENYA TIME
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


read more

14-MAY-2018 :: This has all the ingredients for baking a good old fashioned crisis.

The Signal in the noise is the yield on 10 Year US Treasuries, which
Yield is around 3%. If we move to 3.5%, we could see a further round
of blood letting.

read more

"But it is a curve each of them feels, unmistakably. It is the parabola"

“But it is a curve each of them feels, unmistakably. It is the
parabola.  They must have guessed, once or twice -guessed and refused
to believe -that everything, always, collectively, had been moving
toward that purified shape latent in the sky, that shape of no
surprise, no second chance, no return.’’

read more

Sweden distributes 'be prepared for war' leaflet to all 4.8m homes @guardian
Law & Politics

The Swedish government has begun sending all 4.8m of the country’s
households a public information leaflet telling the population, for
the first time in more than half a century, what to do in the event of
a war.

Om krisen eller kriget kommer (If crisis or war comes) explains how
people can secure basic needs such as food, water and heat, what
warning signals mean, where to find bomb shelters and how to
contribute to Sweden’s “total defence”.

The 20-page pamphlet, illustrated with pictures of sirens, warplanes
and families fleeing their homes, also prepares the population for
dangers such as cyber and terror attacks and climate change, and
includes a page on identifying fake news.

read more

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

The specialist is monitoring data on his mission console when a voice
breaks in, “a voice that carried with it a strange and unspecifiable
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
“Somehow we are picking up signals from radio programmes of 40, 50, 60
years ago.”

read more

Currency Markets at a Glance WSJ
World Currencies

Euro 1.1774
Dollar Index 93.62
Japan Yen 110.96
Swiss Franc 0.9969
Pound 1.3416
Aussie 0.7578
India Rupee 67.995
South Korea Won 1077.74
Brazil Real 3.6771
Egypt Pound 17.9095
South Africa Rand 12.6390

read more

The dollar continues to strengthen, and is on its best run since Nov. 2015 @ReutersJamie
World Currencies

The dollar has now risen almost 5% in the 24 trading days since the
rally took off on April 17.

read more

Cerberus Capital Management and Colony Capital are in advanced talks to buy @abraajgroup
Emerging Markets

Cerberus Capital Management and Colony Capital are in advanced talks
to buy the emerging-markets specialist fund @abraajgroup is confident
of closing a deal that could be worth up to $600m in coming weeks, the
people said

read more

Striking correlation between Africa's war and repression and its presidents who have abolished two-term limits.

#RDC : "père de la démocratie" ... et futur candidat à sa
succession ? ... les affiches vantant le président #Kabila se



Kabila has damped down the Street.

read more

6 JUN 16 :: "The revolutionary contingent attains its ideal form not in the place of production, but in the street"

6 JUN 16 :: “The revolutionary contingent attains its ideal form not
in the place of production, but in the street, where for a moment it
stops being a cog in the technical machine and itself becomes a motor
(machine of attack), in other words a producer of speed.’’

read more

Zimbabwe opens for business Euromoney

Now Mugabe is gone, one of the poorest nations in southern Africa can
see the first signs of interest from international investors, but a
chaotic currency regime, heavily indebted economy and looming
elections are turning initial euphoria into cautious optimism.

Delegates from all points of the planet begin filling the hotels and
eateries of the US capital for the annual World Bank and IMF gabfests.
Patrick Chinamasa, well into his fifth year as Zimbabwe’s finance
minister, is among them. These meetings have tended to be tricky for
Zimbabwe since it defaulted on billions owed to the World Bank and IMF
in 1999. Now officially in hock to its lenders to the tune of nearly
$12 billion – a level of indebtedness approaching the country’s GDP –
Zimbabwe has generally been confined to the multilaterals’ naughty
corner, a pariah for most mainstream lenders.

“Zimbabwe’s open for business, man!” declares John Mangudya, the
hail-fellow-well-met governor of the Reserve Bank of Zimbabwe, as he
leans into a handshake with Euromoney’s reporter. “This is the new
Zimbabwe. I’m happy that there’s a change of administration. We missed
the opportunity. This is our second chance.”

read more

South Africa All Share Bloomberg -2.83% 2018

Dollar versus Rand 6 Month Chart INO 12.6390


Egypt, Russia to sign deal for $7 bn Russian Industrial Zone on
Wednesday @ahramonline


Egypt Pound versus The Dollar 3 Month Chart INO


Red sky, #Lagos. @Paulwallace123


Nigeria All Share Bloomberg +5.71% 2018


#Ghana cuts interest rates to a four-year low of 17% as the
#inflation rate falls below 10% @paulwallace123


That's 900 bps cut in less than 18 months to 17%. Should be close to
end of easing cycle @andrejvvuuren


Ghana Stock Exchange Composite Index Bloomberg +28.93% 2018


read more

Blockchain technology is being used for micro-lending in the early disruption of Kenya's agribusiness
Kenyan Economy

In many emerging markets, food retailers along with smallholder
farmers, struggle to secure loans and develop a credit history. And
without the proper financing, many of them fail to scale their
businesses. To tackle this, IBM has been working with the Kenya-based
food logistics startup Twiga Foods to facilitate micro-lending options
for food vendors.
Twiga Foods operates a mobile-based business-to-business supply
platform for retail outlets and stalls. After analyzing these purchase
records from mobile devices, IBM researchers determine
creditworthiness, after which they use blockchain technology to
administer the entire lending experience from application to receiving
offers to accepting terms of repayment. The first eight-week pilot
processed more than 220 loans averaging $30 each, with customers
repaying within four to eight days with an interest rate of up to 2%.

read more

Kenya Shilling versus The Dollar Live ForexPros
Kenyan Economy

Nairobi All Share Bloomberg +3.81% 2018 (-9.589% since record high of
196.57 set on April 5th)


Nairobi ^NSE20 Bloomberg -6.33% 2018


Every Listed Share can be interrogated here


read more

by Aly Khan Satchu (www.rich.co.ke)
Login / Register

Forgot your password? Register Now
May 2018

In order to post a comment we require you to be logged in after registering with us and create an online profile.