an economic overview 2011 aly-khan satchu presents to deloitte
TRANSCRIPT
The Translation
• "I didn't care about jasmine at first, but peoplewho are scared by jasmine sent out information about how harmfuljasmine is often, which makes me realize that jasmine is what scaresthem the most. What a jasmine!"
Food Price Index- All Time High
AFRICA THE BROADER CANVAS
"The first quarter of 2011 has been among the most turbulent in Africa's history.“AFDB
Statistics
2 Billion Consumers in 2050 A Billion Consumers Now Walmart Buys Massmart for $4.4 Billion Bharti Buys Zain for $10.7 Billion More Families in Africa who earn more
than $20,000 p.a. than in India China-Africa trade over $100 Billion
East Africa – The Region
East Africa's economy is expected to show growth of 6.7 percent this year, from 6.2 percent in 2010
Regional GDP 2010 – Feel The Growth : Uganda 6.3% Tanzania 7.0% Rwanda 6.5% Sudan 5.9% Burundi 3.7% Kenya 5.6% A market of 160 Million Consumers
Kenya Exports Market changing Uganda overtaken UK as Kenya’s number
one trading partner Somalia, Sudan, DRC among Kenya’s top
10 export destinations
KENYA THE STATE OF THE NOW
Inflation surges to 12.95% from a cycle low of 3.1% in 2010
Bond Yields at 9 year highs The Shilling at an all time low The NSE 20 -8%
The ICT Revolution – Kenya as a Laboratory Experiment
Kenyan mobile phone subscriber numbers rose 28 percent to 25 millionlast year
Internet users stood at 10 million last December compared with 4 million in 2009, CCK said
Is the New Constitution a Tipping Point for Political Risk
Out of the last 4 elections we have mismanaged 3
ICC process – will it be cathartic? The Future is not seen in the Rear View
Mirror or is it?