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Showing posts with label economics. Show all posts
Showing posts with label economics. Show all posts

Sunday 8 April 2012

Hawk Eagle-Dream Big

A funny world, quite interesting! The rich make more money doing nothing, but not absolutely nothing, they pay the least tax, consequently, they become wealthier. You too can belong to this group set, not by idling, but to the effect doing a dismal job, in fact, negligible and become super rich.

This is not a get rich quick fix, no not at all. A great deal of efforts, brains full gear, an engagement worth that creativity. Only the right strategy will bring that highly desired results. Here, that tool box must be satisfactorily equipped, all set to accomplish that task.

The million dollar question is, what tools should be packed?

Hawk eagle tops the list, what’s your target? Sky is the limit, so seems to say. Sure an old man seated sees where young men standing see not. Great deal of experience, a life lesson, there must be a goal, certainly not to just fly high, but while there, what should you achieve? 

Planning comes second. Remarkably, ‘failing to plan is planning to fail’ Strategy is the key to that goal. To note, “a lion makes approximately not more than twenty kills in a full year” Of course it eats all year round, daily!, that kill is less a fortune and it can not survive on it, so definitely it has to remain healthy, accurately by laying down a plan.

Good policy. How will it be done, are the gadgets and apparatus in place? Considerably, time factor is highly instrumental.

There must be the means to that terminal. Is it against the wind or by it? To be precise, would there be casualties, any predators, then how will the corners be negotiated? Every task has costs; it’s the merits that differ. The best methods must be critically analyzed for minimal fatalities

The future is uncertain; predictably unforeseen changes must be factored. This will cushion against value losses and inflation costs.

Now, it is a go, but before that, the network is incomplete without the end user. A clear cut definition of the final product and the users must be taken into account. Roll out that idea and make that dream a reality.







Tuesday 3 April 2012

Insurance a Must


It is alarming the rising number of pertinent issues in demand for insurance in the world today. This is not only the cover provided by the insurance companies but also the security gained by an individual on various investments.

Worth noting is the increasing risk in the job sector. Each and every serious employee would continuously invest in upgrading his or her knowledge and acquisition of new skills. The job market is dynamically changed with the threats being posed by the ever revolutionized modern technology.

An investment in the water and recycling of other natural resources is another area of concern. World over, this issue is calling for an immediate and prior commitment. Remarkably, sources of clean water must very much be established to cover for the great deal of the increasingly expanding world population.

The large amounts of carbon emissions being released on our mother nature need also be mentioned. Governments ought to be greatly investing in reduction of such release to insure against global warming. This is a phenomenon highly associated with adverse ecological and social changes; just to mention but a few, the increasing temperatures, distortion of weather patterns, floods and drought, rise in sea level and increased tropical cyclone activity

Conspicuously, health insurance is a must for the well-being of people today. This has been advanced by the various fatal diseases in the world today due to risky lifestyles. Failure to indemnify against health hazards is a condemnation of oneself to immature death.

Is your business insured? This is a significant question to every investor. Business risks such as accidental fires and theft poses the greatest losses to many great investments. It is a commercial responsibility to all trade owners to ensure their operations and firms are well guarded.

Lastly and not least, education fund for the young and future generation calls for a chunk of one’s insurance ventures. No one knows when the hammer will fall. More devastated will be that offspring looking up to you for that key requirement in the world today.

Wednesday 28 March 2012

Youth Unemployment-What is the remedy?



New months, new years and the situation is never changing. The high rate of youth unemployment world over is extremely alarming.majority of the world governments are treating such a significant issue with much unease.

What should actually be done? Joblessness is a very weighty issue which definitely is calling for a quick and amiable solution. It is worth noting the many negative consequences that result from lack of jobs to the largest group of human kind.

Several social problems are currently being associated with high number of youths idling. Drug abuse and crime are leading in this category. Actually these are setbacks to human civilization since mostly they interfere with the basic rights of people at large.

Closely related to the above is the rise in infections of STDs and HIV/AIDs. More and more young people are being infected or affected by this menace primarily due to lack of  any engagement to derive their income from.
Many are the solutions which the authorities must invest in if they are to eliminate unemployment. Just to mention but a few, t here is the need for provision of an enabling environment on which the youth can engage in business activities. These includes but not limited to simplification of business registration requirements, establishment of enticing taxes etc.

In addition credit facilities at affordable rates must be established. Moreover, the requirements to access such services must be set in a way to attract the youth.

Likewise, Infrastructural developments are key to realizing growth in the job sector .Investments in technical institutions are vibrant. Besides the authorities’ move , the young and energetic youth need also be innovative enough and keep off being spoon fed. It is more prudent if they initiate projects on their own volition and efforts after which they can then call for support.

Monday 26 March 2012

Oil Reserves in Kenya



What a milestone in the energy industry. It’s with gusto I note the recent discovery of oil reserves in Turkana. I salute the companies spearheading this prospect.
Significantly, oil has been the driving force of the many well performing economies in the world. It is the source of industrial fuel, jobs, foreign exchange. Equally important, is the indirect benefits derived from oil. This valuable resource brings a smile to many especially the poor.
Many are the underlying questions on how the common citizens will benefit. It is my pleasure to assert the several advantages which will be realized on discovering more oil reserves and commercialization of the same.
Remarkably,oil as noted earlier is the driving force of most industries. With the oil being locally mined drilled and refined, it will cut on the importing costs associated with crude oil. Consequently this cuts down on industrial overheads and hence the cost of production.
The poor in particular will be in a position to reap the value of cheap goods and services. This will leave them with surplus to save and invest in interest earning ventures. This means more income.
With the earnings from the oil exports being reinvested in infrastructure development such as modern transport systems, in health sector and education wise project, many will conspicuously stand to gain.
Moreover, the government will build on its foreign reserves guarding the economy against external currency shocks. Economic stability is a wake up call to the prospecting investors. To summarize, the oil discovery in Kenya will be a source of more profits but only if the industry will be guarded against political machinations.

Tuesday 6 September 2011

Outsourcing in the Telecom Sector

Its a bleak situation in the telecommunication sector given the high employee turnover being witnessed lately.Job outsourcing has a variety of advantages which are notably outweighed by the underlying disadvantages depending on the Industry of operation.

Its every employee's need to work for a company that is a 'going concern' to be assured of a job in the short term,contrary to which one is forced to opt out rather than face an intimidating  salary cut or or being fired as a result of outsourcing.The driving force is cost cutting and effective management but with the underlying price wars in the telecommunication sector the main revenue, its ill advised to engage much in outsourcing.

Remarkably,it may be unwise to outsource the most key department of the telecommunication sector.i.e the customer support/care services . This is the core of the sector which deals directly or the least indirectly with the main clients.It is a force to contain within the central command.

Notably,an outsourced customer care services results to under employment which is a morale killer.Its every organization's goal to cut operating costs including the outsourced companies.With this in play, overworking of few staff or under compensation of the staff is un avoidable.Better business strategies with a negligible multiplier effect on staff salaries must be fronted to avert the imminent crisis in this sector..

Business process outsourcing industry  hit Kenya at a time when the laws and regulations governing such an industry needs an overhaul.This calls the authorities to speedily legislate and formulate the right policies to guide operations in this sector.