Sigh, where is that $60 oil!

How I would benefit:
- KK makes more 'net margin' with cheaper oil since the 6/- margin is higher as % on 80/- petrol vs 115/- petrol. Also lower financing costs!

- KPLC. Lower (fuel) charges for consumers means increased consumption & lower defaults.

- KQ. The losses on the fuel hedges will be more than offset by savings on Spot Purchases. Over time, more people will fly if the fares are lower due to lower fuel surcharges!

this is not a joke Nabwire, the level of unemployment according to MSNBC today is higher than it has ever been in the history of America. That should tell you something about the demand for McDonalds and shopping for luxuries. further you need to understand the American culture which like south Africans is built on credit. People spend what they expect to earn and are hence forever indebted. That is why such countries are heavily affected by recessions because of unpaid arrears and bills. This is the reason why SA firms such as Nu Metro, fast foods giant Nandos, retail chain Metro Cash & Carry and household goods outlet Supreme Furniture, media24 etc have failed. There culture differs with ours and that could also be the reason why Kenyan firms have failed in Tanzania, different cultures period. Globalization and deregulation may have opened up new markets but that does not mean that firms will succeed in doing business.America is in trouble and they are not alone, Europe is also in turmoil. The question is, when will this catch up with us in Africa because it will eventually catch up with us so long as we do need financial assistance from these countries. Maybe they'll require budget cuts and accountability in future that will limit government expenditures

and then we'd sell them our manufactured products & services, thus, keeping the money within the family (EAC: Spider Web Economics) beats wiring $ over the Indian Ocean.

an economy cannot grow through self inclusion. we dont have the absolute nor the comparative advantage to do that. it might be expensive to make a car in kenya than in china. the reason why countries charge in dollars just like EA cables is because of foreign exchange risk associated losses. we need europe as much as they need us,thats the beauty of business

...hope sio food stamps u talkin about...... Its a nice place coz of the fact that they dealt with the BASICS a long time ago...ie food, water among others to include electricity.....and that hard work counts.

Just chart the foodstamps vs M2 since 2007. It tells the US growth aka GDP story.

Foodstamps vs unemployment chart equals best lie detector of gubberment aka BLS figures.

Where we are headed to as a country is not good at all. We are at a point where if the govt through its various policy mechanisms & depts don't act fast then we will be the ones to blame. Its the time when the private sector & the govt should meet & map out a way coz both are losing big time.
Just the other day their was a biz i was planning to buy into as a going concern, i did the normal due diligence & grew disinterested due to the offer price. To cut the story short they had to slash the price by almost half & it was a bargain & they did this coz the biz debts were running extremely high & their access to funds was minimal & had no funds to expand the biz which truly has potential & is profitable & this just gave me a glimpse of how bad things are fast becoming.

The irony of Americas and Europe's politics.If the US political crisis was in Kenya,we wold have received alot of noise from europe and US.Further analyse England's ban o live press reporting of the riots.Suppose we did that,we wouldnt hear the end of it.So the question is,who will stand up to these countries.If we wanted to go to war with Afganistan and Iraq and assuming tht the US werent hit,do you think they would av accepted it?Politics is only bad when decisions are made in developing countries,not that i like politicians because evidence shows that they are similar everywhere;greedy,narrow minded,crazy etc.Thats the reality of the world we life in today

Company profits defy economic gloom:
You've seen all the headlines - Fears grow about eurozone debt, Growth slower than anticipated, Turmoil on the financial markets. So it's all tales of doom and gloom, right?
Not necessarily. At least not if you happen to be a big company. Despite all the concerns about the world economy, many corporations have still been recording large profits which, on the whole, have been much better than analysts had forecast...
http://bbc.co.uk/news/business-14617298

European banks 'would not survive sovereign debt devaluations' http://bbc.co.uk/news/business-14786589