Revelations Chapter 11, verse 1 and 2: Hats off to the business daily for their exposes of the downfall of Francis Thuo stockbrokers. It is an anomaly that brokers don’t have to publish their accounts, oversee each others lapses and gallantly bail each other out, and that white collar crime is something only the faint hearted fail at (they even raided the stockbroker after the company died. I guess the customers of Nyaga stockbrokers will be paid off now that the investor compensation fund is padded with millions from the Safaricom IPO
Thai is good: Kenya Airways will double its service from Nairobi to Bangkok to six flights a week to cope with growing demand – and four will connect to Hong Kong and two to Guangzhou, China. Also msafiri reports that they will get a replacement 737-800 in October, to replace the one which crashed last May a- and another two 737-800 this year. I think they should reduced European flights and focus on Asia and Africa
Kenyan snub: There’s no Kenyan presence in the final list of sustainable banking award nominees of the FT/IFC. Earlier, only Equity Bank and Vodafone/Safaricom forBanking at the Bottom of the Pyramid were in but they probably canceled each other out.