Discover and read the best of Twitter Threads about #MwangoMemes
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๐๐ง๐ฃ๐จ๐ฒ ๐ญ๐ก๐ข๐ฌ ๐ฐ๐๐๐ค'๐ฌ ๐ญ๐จ๐ฉ ๐๐ฎ๐ฌ๐ข๐ง๐๐ฌ๐ฌ ๐ง๐๐ฐ๐ฌ ๐ข๐ง ๐ฆ๐๐ฆ๐๐ฌ ๐๐ฌ ๐ฉ๐จ๐ฐ๐๐ซ๐๐ ๐๐ฒ @MwangoCapital:
1. The IMF is in Kenya on a two-week review of an ongoing, three-year, $2.4B loan program. After the review, $300B will be released to Kenya.
#MwangoMemes
1. The IMF is in Kenya on a two-week review of an ongoing, three-year, $2.4B loan program. After the review, $300B will be released to Kenya.
#MwangoMemes
2. Kenya also wants to borrow KES 321 B from the IMF but there is a catch: Kenyan lawyers will have to snitch on their clients who launder money.
The lawyers have refused. The country has until July to convince them to change their minds or miss out on this cash.
#MwangoMemes
The lawyers have refused. The country has until July to convince them to change their minds or miss out on this cash.
#MwangoMemes
3. KRA has received an allocation of only KES 23.7 B in the budget for the next financial year.
KRA has objected to this saying it needs around KES 57.4 B to meet the target of collecting KES 3.6 trillion in taxes.
#MwangoMemes
KRA has objected to this saying it needs around KES 57.4 B to meet the target of collecting KES 3.6 trillion in taxes.
#MwangoMemes
We decided to make a #MwangoMemes as a tribute to outgoing President Uhuru Kenyatta given how memeable he has been.
He literally became the president of Meh-meh-s and he seemed to enjoy them too
Here are our top 10 memes from him:
He literally became the president of Meh-meh-s and he seemed to enjoy them too
Here are our top 10 memes from him:
1. Getting started a while back:
2. We have many faces of him:
๐๐ง๐ฃ๐จ๐ฒ ๐ญ๐ก๐ข๐ฌ ๐ฐ๐๐๐ค'๐ฌ ๐ญ๐จ๐ฉ ๐๐ฎ๐ฌ๐ข๐ง๐๐ฌ๐ฌ ๐ง๐๐ฐ๐ฌ ๐ข๐ง ๐ฆ๐๐ฆ๐๐ฌ ๐๐ฌ ๐ฉ๐จ๐ฐ๐๐ซ๐๐ ๐๐ฒ @MwangoCapital:
1. Kenyan banks are not a happy lot as the M-Pesa Global Pay Visa Card from @SafaricomPLC is undercutting them by offering better FX rates.
#MwangoMemes
1. Kenyan banks are not a happy lot as the M-Pesa Global Pay Visa Card from @SafaricomPLC is undercutting them by offering better FX rates.
#MwangoMemes
2. Sticking to Safaricom, Vodacom has some ambitious targets for it in Ethiopia.
It projects @SafaricomET to reach EBITDA break-even in 4 years & hit an EBITDA margin of 40% in 10 years.
FYI: Ethio Telecom had average EBITDA margins of ~66% in FY 18 to FY 20
#MwangoMemes
It projects @SafaricomET to reach EBITDA break-even in 4 years & hit an EBITDA margin of 40% in 10 years.
FYI: Ethio Telecom had average EBITDA margins of ~66% in FY 18 to FY 20
#MwangoMemes
3. Not all companies are staring at bright futures.
Sportspesa is among 97 other companies that risk closure after the government failed to renew their licences for the financial year ending June 2023.
We got footage of their efforts to get back in business:
#MwangoMemes
Sportspesa is among 97 other companies that risk closure after the government failed to renew their licences for the financial year ending June 2023.
We got footage of their efforts to get back in business:
#MwangoMemes
๐๐ก๐ข๐ฌ ๐ฐ๐๐๐ค'๐ฌ ๐ญ๐จ๐ฉ ๐๐ฎ๐ฌ๐ข๐ง๐๐ฌ๐ฌ ๐ง๐๐ฐ๐ฌ ๐ข๐ง ๐ฆ๐๐ฆ๐๐ฌ ๐๐ซ๐ ๐ฉ๐จ๐ฐ๐๐ซ๐๐ ๐๐ฒ ๐๐๐ [@DTBKenya].
1. Let's start with Kenyaโs inflation which hit a 27-month high in May as prices of essential items like cooking oil, food, soap & fuel skyrocketed.
#MwangoMemes
1. Let's start with Kenyaโs inflation which hit a 27-month high in May as prices of essential items like cooking oil, food, soap & fuel skyrocketed.
#MwangoMemes
2. We started the week with the Kenya Association of Manufacturers [@KAM_Kenya] saying that there were persistent dollar shortages that gave rise to a parallel exchange rate market.
On Tuesday, the CBK governor @njorogep responded by rubbishing these claims.
#MwangoMemes
On Tuesday, the CBK governor @njorogep responded by rubbishing these claims.
#MwangoMemes
3. It's been a rough time at the NSE [@NSE_PLC] this year driven by a mass exit of foreign investors.
Foreign investor outflows hit KES 4.2B in May 2022 which was 2.4X what they sold in April 2022.
#MwangoMemes
Foreign investor outflows hit KES 4.2B in May 2022 which was 2.4X what they sold in April 2022.
#MwangoMemes
๐๐ก๐ข๐ฌ ๐ฐ๐๐๐ค'๐ฌ ๐ญ๐จ๐ฉ ๐๐ฎ๐ฌ๐ข๐ง๐๐ฌ๐ฌ ๐ง๐๐ฐ๐ฌ ๐ข๐ง ๐ฆ๐๐ฆ๐๐ฌ ๐๐ซ๐ ๐ฉ๐จ๐ฐ๐๐ซ๐๐ ๐๐ฒ ๐๐๐๐๐ซ๐ข๐๐จ๐ฆ'๐ฌ [@SafaricomPLC] ๐ญ๐๐๐ก ๐ฌ๐จ๐ฅ๐ฎ๐ญ๐ข๐จ๐ง๐ฌ.
Tegea we tell you more about them.
1. Fuel prices have spiked & many just can't find fuel in Kenya:
#MwangoMemes
Tegea we tell you more about them.
1. Fuel prices have spiked & many just can't find fuel in Kenya:
#MwangoMemes
3. With maize becoming scarce, feed processors have gotten the nod to import GMO yellow maize.
#MwangoMemes
#MwangoMemes
๐ง๐ต๐ถ๐ ๐๐ฒ๐ฒ๐ธ'๐ ๐ฏ๐๐๐ถ๐ป๐ฒ๐๐ ๐บ๐ฒ๐บ๐ฒ๐ ๐ฎ๐ฟ๐ฒ ๐ฏ๐ฟ๐ผ๐๐ด๐ต๐ ๐๐ผ ๐๐ผ๐ ๐ฏ๐ ๐ฆ๐ต๐ฎ๐ฟ๐ฒ๐๐๐ฏ [@ShareHubKE]:
1. NHIF was a top news item.
We learnt that top earners are to pay more in monthly contributions but NHIF will stop paying for treating chronic diseases.
1. NHIF was a top news item.
We learnt that top earners are to pay more in monthly contributions but NHIF will stop paying for treating chronic diseases.
2. The Deputy President made some remarks about DRC and the country's citizens were up in arms about them.
Equity Bank [@KeEquityBank] and Kenya Airways [@KenyaAirways], who have business in DRC, were just chilling but got caught in the middle:
#MwangoMemes
Equity Bank [@KeEquityBank] and Kenya Airways [@KenyaAirways], who have business in DRC, were just chilling but got caught in the middle:
#MwangoMemes
3. Property fund manager Ilam Fahari I-Reit [@ILAMReit] has issued a profit warning (projecting a 25% drop in 2021 earnings).
This brings to 5 the number of companies at the NSE who have issued profit warnings in 2022.
#MwangoMemes
This brings to 5 the number of companies at the NSE who have issued profit warnings in 2022.
#MwangoMemes
