http://www.capitalfm.co....-second-quarter-of-2013/

Outlook for the 2013 “Short Rains” (October-November-December
(OND)) season
The Climate Outlook for the 2013 “Short Rains” (October-November-December (OND)) season indicates that much of the country is likely to experience depressed rainfall. This will mainly be driven by the cooling of the Sea Surface Temperatures (SSTs) in the western Equatorial Indian Ocean adjacent to the East African coastline coupled with warmer than average SSTs in the eastern Equatorial Indian Ocean adjacent to Australia (the so called negative Indian Ocean Dipole – IOD). The distribution of the rainfall in time and space is expected to be generally poor over most places in the country.

5. POTENTIAL IMPACTS OF THE OND 2013 RAINS
5.1 Agriculture, Fisheries, Livestock Development and Food Security Sectors
Generally near-normal rainfall is expected over most agricultural areas of the country. It is also
expected that the rainfall will be poorly distributed. The poor distribution may impact negatively
on the agricultural activities in most of the areas. Food security is expected to deteriorate
especially in the eastern sector of Kenya during the October-December period. Farmers are
advised to liaise with the Ministry of Agriculture, Livestock and Fisheries for advice on
appropriate crops to plant and the crop management practice to undertake.
Foliage and pasture conditions in the pastoral areas of Northern, Northwestern and Northeastern
Kenya are expected to deteriorate as a result of the expected poor rainfall performance during
the season. Pastorolists should, therefore, seek advice from the livestock sector to avert any
loss of their animals.

@ Kausha, you can download pdf report here, under seasonal forecast
http://www.meteo.go.ke/index.html

meanwhile..



and

@Siringi Treasury cuts overdraft at Central Bank by Sh23bn
:)

VAT Act - Ndemo too sees the madness it'll create.

http://www.businessdaily...6/-/psye6t/-/index.html

Intro of excise tax on mobi money was bad enough by trying to put unnecessary speed bumps. Then VAT on ICT stuff. Indeed, IMF prescriptions this one. Cutting wasteful gok expenditure will net many times over extra spending power for gok than those tax speed bump policies...

Between 1980 and 2012 Kenya's HDI rose by 0.9% annually from 0.424 to 0.519 today, which gives the country a rank of 145 out of 187 countries with comparable data.
The HDI of Sub-Saharan Africa as a region increased from 0.366 in 1980 to 0.475 today, placing Kenya above the regional average.
http://hdrstats.undp.org...l#.UmqHU19tyTw.facebook

The New Vision
President Kagame to host 3rd Infrastructure Summit in Kigali.

President Kagame will welcome President Museveni of Uganda, President Kenyatta of Kenya and President Salva Kiir of South Sudan to Kigali for the 3rd Infrastructure Summit on 28 October 2013.

The summit is an initiative bringing together the four countries to fast track regional development through infrastructure, trade and political and economic integration.

At the inaugural Tripartite Summit held in Entebbe in June this year, leaders of Uganda, Kenya and Rwanda spearhead different components of joint projects: Uganda committed to lead the railway development and political federation sector; Rwanda on customs, single tourist visa and East African Community e-identity card; and Kenya on the implementation of the oil pipeline and electricity generation.

The follow-up summit held in Mombasa saw the heads of state participate in the commissioning of Berth 19, which will increase capacity of the Kenyan port to serve the entire region.

At the Kigali summit next week, leaders will welcome South Sudan to the initiative, launch the Single Customs Territory and review the progress of infrastructure projects led by each country.

The Summit will review the following:
Updated status on the progress of Infrastructure projects spearheaded Rwanda;

The use of national identity cards, voter and student cards as travel documents will be implemented starting from 1st January 2014.

The use of a single tourist visa between Rwanda, Kenya and Uganda is envisaged to start on 1st January 2014. Rwanda will procure the first batch of visa stickers by December 2013, followed by Kenya in March 2014 and Uganda in June 2014. Additionally, the three countries have agreed to set up a one stop boarder post and modalities for revenue sharing.

During the summit, the Heads of State will launch the Single Customs Territory. With this, time spent moving goods along the corridor will reduce from 18 days to 5 days from Mombasa to Kampala and from 21 days to 8 days from Mombasa to Kigali.

Additionally, customs declaration and customs security bonds will reduce from 3 to 1.

Some cartoons as the year comes to a close...

Inflation and Tbill 91 Day rate trend. Btw why CBK stop plotting the yield curve? Also KNBS should stop being lazy and plot the inflation trends. On the same note, I wonder why NSE also doesn't plot the indices. Poor show...



5yr USDKES chart