Kenya’s economy grew by 4.9 per cent in 2017, recording the slowest margin in five years amid prolonged electoral process and adverse weather.
That pace of growth falls far below the 5.9 per cent recorded in 2016, data released today by the Kenya National Bureau of Statistics (KNBS) indicate.
The last time Kenya recorded growth below five per cent was in 2012, also an election year, when the economy expanded by 4.5 per cent.
“The slowdown in the performance of economy was partly attributable to uncertainty associated both a prolonged electioneering period coupled with adverse effects of weather,” said Treasury and Planning Secretary Henry Rotich.
The KNBS data shows that agriculture, which accounted for 31.5 per cent of the 2017 GDP grew by only 1.6 per cent compared with 5.1 per cent in 2016.
All the segments except cut flowers shrunk during the period. Export earnings from cut flower grew by 16.1 per cent to hit Ksh82.2 billion ($819.9 million) in 2017.
On the flip side, sugarcane deliveries to factories dropped by 33.3 per cent, from 7.2 million tonnes in 2016 to 4.8 million tonnes last year.
Kenyans also had to contend with steady build-up in inflationary pressure on the back of rising oil and food prices through 2017. The KNBS data shows inflation rose to an average of 8 per cent last year, up from 6.3 per cent the previous year.
“We have lined up several interventions, which together with continuing political stability, good rains and macro-economic environment will lead to better economic performance in 201`8,” said Mr Rotich.
“Inflation is expected to ease in 2018 supported by lower food prices due to good rains and improved agriculture,” he added.
Apple Senior Vice President of Worldwide Marketing, Phil Schiller, introduces the iPhone X during a launch event in Cupertino, California, U.S. September 12, 2017. REUTERS/Stephen Lam – HP1ED9C1I90DE
Today is iPhone X launch day, and as is typical of a new iPhone launch it has seen people lining up hours in advance outside Apple Stores to get one. However, three individuals got their hands on the iPhone X early yesterday by stealing hundreds of them.
As CNET reports, the theft took place outside an Apple Store in Stonestown, San Francisco. A UPS truck containing 313 iPhone X handsets was broken into by theives who proceeded to unload the phones into a white Dodge van before driving off. The police have the description and serial number of every single stolen iPhone, with their total value thought to be over $370,000. They also have a photo og the theft in process taken by a janitor.
The theft is suspicious for a couple of reasons. The UPS truck had its cargo area locked while parked outside the Stonestown Galleria mall, yet the thieves had no problem gaining access. They also either got very lucky or knew exactly which UPS truck to target to grab the very expensive iPhones. I doubt
it was luck.
Apple says there will be no problems with supplying the iPhone X to customers who planned to pick one up from the Stonestown Apple Store. That’s surprising considering how constrained stock is thought to be. But maybe this is a sign stock levels are actually much better than we expected.
With the serial number of each stolen phone known, it should be possible to track them all down eventually. Unfortunately, the thieves will have likely sold them on and disappeared with the cash long before that happens.
Previously, you had your “Inbox,” and an “Other” folder where messages from people who aren’t friends or friends-of-friends would end up. But it replaced this second folder with “Message Requests” — which let people you’re not connected with ask to be able to talk.
But what very few people realize is there is now also a third category of messages: Filtered Message Requests. These filtered messages are what Facebook thinks is spam, and so doesn’t even notify you about. They’re also not easy to find.
There are many more cases like this. Some are recent, while other messages appear to have been sent before the Filtered Message Requests inbox was introduced, and were then automatically moved to it once it was launched — all without ever being read.
Went through my Facebook filtered messages and realised there was a message from a long lost friend from like half a year ago ??? I SORRY
The situation is made doubly frustrating by the fact that one of the big reasons for the change to Message Requests (and Filtered Message Requests) is to prevent things like this happening.
Tony Leach, a product manager at Facebook, told TechCrunch back when Message Requests launched: “We’ve heard so many stories like estranged parents trying to get back in touch, or you lost your wallet and someone trying to get in touch with you … That’s why we want to replace that with a system that makes it a lot easier to catch the messages that you want to see.”
Clearly, this hasn’t been a complete success.
But what can Facebook do about this? It’s a tricky one. If it errs on the side of caution, and filters more, then important messages will continue to fall through the cracks. But if it relaxes its filters, then more spam will likely get through too — and people will complain. (Facebook did not immediately respond to a request for comment.)
Daniel Emery, who missed the message telling him of his friend’s death, would like Facebook to modify its messaging feature to add a more straightforward spam folder.
“Gmail and Google, for all its flaws, has a pretty sensible system,” he told Business Insider. “There is a folder for spam, you can look into it if you want, you can pull things out. It’s not hidden from you, and I think the issue with this is it’s kind of a bit too much ‘nanny state.'”
He added: “Facebook is trying to be overprotective. Overprotective comes at a cost, and things like this happening are exactly that … hiding it is never a good thing.”
If you want to check your Filtered Message Requests in the mobile app, load up Settings, then click on “People,” then click on “Message Requests,” then click on “See filtered requests.” If you’re on the desktop version of Facebook, click on the drop-down Messages tab, then on “Message Requests,” then press “See filtered requests.” For more detailed instructions, read this. Via Entrepreneur!
It was the first time that Mark Eliot showed envy on the largest Mobile money company on the planet. Mark made one of the largest buyouts in history when he bought social messaging company Whatsapp.
He also bought the premiere photo sharing app Instagram both of which have grown to over a billion monthly users making them the largest social networks and on top ten Websites on Alexa.
What it means for Mpesa If Facebook finally manages to acquire Mpesa, it will become a global company. It will have advantage of a worldwide exposure through merging with Facebook and it will get world class infrastructure by the elites of the Tech business.
Charges will go down, most probably so low due to a large user base. The negotiations are ongoing and soon we may be cerebrating one of our own, changing lives around the globe.