Kenya may have lost close to 2billion that it earns from the weekly tea auctions in foreign exchange following a boycott by the East Africa Tea Trade Association. The association boycotted the auction to protest introduction of a 46 cents levy charged on every Kilo of tea by the gover.
See Gazette Jan 27 and became effective Feb 27, 2012.
See story on Saturday Standard on page 29.
Wisdom to detect when share prices hit rock bottom.
When interest on bonds keep going up, you know the bear run is on high street. When interest on bonds start leveling, the bear has met the bull and they have hit rock bottom. When the interest rates on bonds start coming down, the bull has overpowered the bear and you better be riding the bull.