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IDEAS TO CELEBRATE MOTHER’S DAY DURING LOCKDOWN

Ideas To Celebrate Mother’s Day During Lockdown

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IDEAS TO CELEBRATE MOTHER’S DAY DURING LOCKDOWN Set for Sunday 10th May, Mother’s day is just around the corner and well, unfortunately, this will not be business as usual. We won’t be able to take her out for a shopping spree, or ice cream, we cannot make SGR trips to the beautiful Diani. You must be wondering, what are the best Ideas To Celebrate Mother’s Day During Lockdown. Worst off, imagine we probably can’t even pay them a simple visit. OH WELL, THIS PANDEMIC THOUGH!!! This, however, does not mean the day will be in vain. There are a number of things you can do for mom amidst the pandemic. A simple phone call or text Let’s go the traditional way. Let’s be honest, where really would we be without our moms? You wouldn’t want to imagine right? Well me neither. On this day, how about you make a simple…

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What’s In Store for Kenyan Businesses.

Business

Safaricom CEO Peter Ndegwa goodies for small businesses Peter Ndegwa, the new Safaricom CEO came bearing good news. During these very difficult times when we are all anxious and worried about the global pandemic, COVID19, the Mr Ndegwa promised to make the lives of his clients easy. No business survives without providing services that their customers can afford,” he said. New Safaricom Rates For 2020 His appointment comes barely a week after Safaricom announced the doing away with charges attached to sending less than 1000 shillings. Besides the transaction fee waiver, the daily transactions limit was increased from Ksh 140,000 to Ksh 300,000, grew the wallet size from KSh70, 000 to KSh300, 000 and revised upward SMEs transaction limits to KSh150, 000 from KSh70, 000. The best news for SMEs is that it is now free to transact from your Mpesa to your bank account or from your bank account…

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Africa-China exports fall by 40% after China slowdown

World

African exports to China fell by almost 40% in 2015, China’s customs office says. China is Africa’s biggest single trading partner and its demand for African commodities has fuelled the continent’s recent economic growth. The decline in exports reflects the recent slowdown in China’s economy. This has, in turn, put African economies under pressure and in part accounts for the falling value of many African currencies. Presenting China’s trade figures for last year, customs spokesman Huang Songping told journalists that African exports to China totalled $67bn (£46.3bn), which was 38% down on the figure for 2014. BBC Africa Business Report editor Matthew Davies says that as China’s economy heads for what many analysts say will be a hard landing, its need for African oil, metals and minerals has fallen rapidly, taking commodity prices lower. Chinese investment down There is also less money coming from China to Africa, with direct investment…

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Asian stocks tumble after U.S. plunge

World

Asian stocks are following Wall Street’s drop. Japan’s Nikkei plummeted as much as 4% Thursday morning, while the Hang Seng in Hong Kong fell as much as 2.1%. The declines came after a rough day of trading in U.S. markets Wednesday that brought the Dow, S&P 500 and Nasdaq into correction territory, meaning they have tumbled 10% or more from their recent peaks. Experts say stocks are coming under pressure from slumping oil prices and uncertainty over China’s slowing economy and its weakening currency. Chinese stocks on Thursday flirted with the lows of last summer’s market crash, with the Shanghai Composite sinking as much as 2.8%. The index has lost around 18% since the start of this year. For years, China’s booming economy was a key engine for global growth, but now its slowdown is rippling out through global commodity markets. Oil prices fell under $30 a barrel Tuesday for…

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Oil price briefly falls below $30 a barrel

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Oil prices have briefly fallen below $30 a barrel on international markets for the first time since April 2004, before recovering again. Brent crude, used as an international benchmark, fell as low as $29.96, but bounced back to trade at $30.22. Oil prices have fallen by 70% in the past 15 months. Earlier, Russia’s Prime Minister, Dmitry Medvedev, warned tumbling oil prices could force his country to revise its 2016 budget. He said that the country must be prepared for a “worst-case” economic scenario if the price continued to fall. Taxes from oil and gas generates about half the Russian government’s revenue. The 2016 federal budget that was approved in October was based on an oil price of $50 a barrel in 2016 – a figure President Vladimir Putin has since described as “unrealistic”. Government departments have been ordered to cut spending by 10%, repeating a policy imposed in 2015,…

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