Kenya’s Economy and Government Spending

As the economies of many African nations fall back into bad habits, Kenya’s government has decided to fight back. Kenya has become the first African nation to publish detailed government spending plans on the Web in an effort to fight persistent corruption. East Africa’s foremost economy, which intends to be a center for information and technology innovation, anticipates the data to improve financial transparency for citizens, lenders and investors.

“It will be particularly useful to policy makers and business persons who require timely and accurate information in formulating policies and making business decisions,” President Mwai Kibaki said, upon launching the site www.opendata.go.ke.

“I also call upon Kenyans to use this government portal to enhance accountability and improve governance in our country. Reliable and timely data is the basis for determining whether government is delivering services effectively and accountably.”

According to Kibaki, the country’s information, communication and technology sector is expanding at about 20% annually. The web site will offer information ranging from the national census to government budgets. Graphs and maps will show, for example, how much is apportioned to education and health facilities around the country, allowing for easy examination and evaluations between regions. Such financial information about the government was not as easily accessible before now. In a process hindered by bureaucracy, those seeking the information had to get approval from authorities or buy it from the government printer.

“This is the first open government portal in Africa, making Kenya one of the world’s leading exemplars of open data … better enhancing transparency and accountability in government operations,” said Johannes Zutt, World Bank country director for Kenya.

The data is taken from key sectors including planning, education, health, finance and the Kenya National Bureau of Statistics on population. Kenya fell down the grades of Transparency International’s corruption perceptions index last year, falling to 154 out of 178 countries. The Kenya Anti-Corruption Commission (KACC) has said graft and misappropriation of government funds consume up to 40% of gross domestic product. Several departments have been involved in corruption scandals, with some ministers facing graft charges, but none have been convicted so far.

This transparency is all well and good, however, reflecting policy misperception and investors’ receding confidence, four prominent regional currencies – Kenya, Uganda and Tanzania’s shillings and Ghana’s cedi – have all hit record lows against the dollar this year. By contrast, South Africa’s rand, a deeply traded emerging market currency rather than a more exotic “frontier” unit, is at a four-year high. With an election impending next year, the central bank has undervalued the impact of soaring world fuel and food prices, even cutting interest rates in January in the face of accelerating inflation. It has since overturned the change, but the damage has been done. Together with its selling of shillings to build reserves, investors’ already slim trust in the currency has vanished.

“Africa now is an international attraction. If we do not continue to develop our skills, we could well find someone asleep at the wheel,” said Roy Daniels, head of trading for Africa at Rand Merchant Bank in Johannesburg.

Author Bio:
Kate Croston is a freelance writer, holds a bachelors degree in Journalism and Mass Communication. She writes guest posts for different sites and loves contributing high speed internet service related topics. Questions or comments can be sent to: katecroston.croston09 @ gmail.com.

The Secret Is Out;THe Easiest Way To Make Money Online

Do you have trouble explaining exactly what you do?

Are you confused or overwhelmed when it comes to making money online ?

Do you hate your current situation?

Are you tired of wasting precious hours and money looking for the perfect job opportunity?

If you answered yes to any of these questions, you’ve come to the right place!

Let’s face it…With almost 3 million jobless sprawling the streets of our country and another 700,000 young school leavers pouring into the job market every year life couldn’t be tougher. With the infighting within the government and the worsening of our economy it means our future becomes even dimmer. The truth is, life is a misery out there.

While I am not an Economist, today you could change your life by just reading this piece .Simply put, I want to spill the beans and show you how you can turn your life. Am sure you have read articles here or else where on making money online but you still don’t know where to start.

If you can read, type or touch a mouse then you can do it.

FREELANCING is where you will start. And the secret is PASSION for what you do – something that holds interest, something that you find enjoyable, something that can motivate you or anything that creates hunger.
PASSION = the key ingredient of success

  • Do you love reading? Then you can write.
  • Are you always fascinated by data, research or figures? Then you can try web research or data entry projects.

What do you need?

  1. A computer, and Internet connection – You don’t need to own one. I myself started from a cyber café.
  2. Your Skills – Combined with passion. You cant succeed online if you are skeptical.
  3. Time – You need to treat this as a job. You will need to allocate this opportunity some time.

Once you have put this together then you are good to go.

How to get your first project
Branding Yourself
One of the first things you will need to do as a freelancer is decide on a brand for yourself.. Whatever it is you will need a business identity to work under and for clients to know you as. Along with your new name you will naturally need a logo, business cards and a website. Remember that you are now a business and all your materials need to be polished and professional.

Building a Killer Portfolio
Tip: Go to Google, Browse and see how top freelancers have crafted theirs. You are not here to invent the wheel are you?

What To Include:

  • An introduction of some sort – usually just a statement is best
  • Your services, or else how will anyone know what you do?
  • Examples of your previous work.
  • Contact details.

Where do you find work?
This is where the challenge lies. Where do you find your first jobs and indeed your later jobs too? And what do you put in your portfolio?

What If you don’t Have The Experience
If you have nothing to show for yourself for whatever reason then you had either better be a great talker or find something to put as a sample. How to go about it:

  1. Create an imaginary job for yourself and execute it.
  2. Offer your services for free to people online
  3. Talk to your last employer into allowing you to show some of your old work for a specific period of time.

How To Build Your Portfolio
Offer your services for free and ask if its possible to get a testimonial. Alternatively you can use the work(sample) for your portfolio. You can try this by looking at

What it if you find it hard to find work
In any case it’s difficult for a client to hire you on the strength of your word alone then try free pitching, where the potential client will ask you to do some of the work prior to payment.

Once you have worked a fair amount of jobs, you should find that you steadily get an increase in repeat work and referral work and that you depend less and less on new jobs. If this is not the case

  • you are either too expensive,
  • getting the wrong types of clients or
  • not good enough at your work (which in turn means you’re too expensive)

There you have it. Go out and make some money today and change your life. Remember whatever you decide to do, just remember that nothing happens until you take action.

Or, in the words of the great Abe Lincoln…

“Good things come to those who wait, but only the things left over by those who hustle.”

Are you waiting, or are you hustling? It’s up to you…

Here’s to Your Future Success,

Kihato

Hustling Is Over. Now You Can Sell your Music Online.

How much do Kenyan artists, musicians and those wannabes who feel like celebs make from their efforts? With piracy trends on the upward, making money as an entertainer here in Kenya seems to be a hard call. Waiting to get an invitation to perform or curtain raise for others may not be the best way to make serious ‘bucks’ for the so called ‘wasanii’. We have seen them complain that Kenyans don’t appreciate local talent. We have seen them floss with the little they make –is this really a celeb`s life?. If you are reading this and you are musician or an entertainer listen carefully because what you will discover will open your eyes and do something.

Let me ask how many local artists Jua Cali, Nameless, Wahu, Redsun etc market their music, tickets and events online? How many if I ask have a website or a face book fan page.

So why do many local celebs fail to market their music online? Why do they go down the traditional route of taking it their music to the radio stations? Now it’s to live the life you deserve.

If you are an artist its almost criminal if you don’t have a website and its almost suicidal if you don’t have a list: a collection of email addresses (of your fans, leads and purchasers of your music) .Your website is where you send all of your prospective customers. Your website must contain details on how to purchase your music, both online and offline. I would also recommend having a ‘sample’ piece of music for clientele to listen to for free and to be able to download the a sample.

Ring tones have made Cellulant and mobile planet richer by the day and you too should have ring tones (as a product) of your music online. Sample this just by selling 30 ring tones a day at Kshs 30 brings in (27,000 kshs) every single month. And that’s with very little sweat because everything is automated. Once you have a website running you can get sponsors via co-branding rights. Lets say we have Jua Cali as our artist who has a website running and receives 20,000 visitors everything month. Jua Cali can get sponsors(convincing sponsors to brand the website becomes easier since we have some traffic already) and advertisers(by selling advertising spaces ) to his website .The money he gets can supplement what he makes offline. If you combine the income from ring tones, online CD sales and sponsorship revenue then Jua Cali could be living the real celeb lifestyle.

And where will he get these 20,000 visitors?

1. Via Search Engine Optimization-Marketing the website by improving its rankings

From my research, the term “Jua Cali” (I know it may mean the other Jua Cali out there) alone receives 4,000 searches a month .Other important terms like ‘Kenyan music, (searched 20,000 times a month) and ‘Swahili music’ (9,900) all point to a lucrative undertaking – note that these are buyers and business leads. See other popular search terms from the table below. Even if he gets 20% of these visitors to his website then the chances of conversion are quite high. It seems crazy to miss out on this. Doesn’t it?

2. From YouTube and other video hosting sites
This is the new way to market your music online. You Tube has simply taken the world by storm, not only from a viewers perspective but from a marketing perspective also. Similar to video clips that you see on MTV you are able to create your own video of your music and upload them on YouTube.

3. Facebook and Twitter

Facebook, twitter and the Social media represent the new way to market your music. Facebook alone has over 1/2 million Kenyans and from Alexa.com, facebook is in the top ten of Kenya’s most popular websites. As an artist who wants to make serious inroads, facebook and twitter should become the focal point of your marketing efforts. Alongside your website you will need to create a fanpage updated daily. Let the fans know about your next event, upcoming album, collabos, where to get the tickets. The point is: engage and interact with fans and you will surely never run hungry.

4. Forums
Forums are an old and popular way to marketing your music, and it still works today. Not only can you specifically market your music in the forum, you can also market your music by just posting messages about anything related to music. For example, if there is a discussion about the kind of music you sing then post your comments and put a link at the bottom of your post to your website. So not only do you market your music, you also marketing to the right group of people, music lovers!

It’s time to sell your music to the world.

To your success,
Kihato Mwangi

Smart Ways To Make Money Online With Nil Investment

The fiber optic Internet is here with us, the Internet charges have dropped dramatically and the prices of computers too have plummeted to due to zero rating. With opportunities beckoning on our doors I don’t see why you should continue complaining that there are no jobs. With almost nil investment you can now make some money online. If you love freedom, that personal freedom to do what you love and enjoy, that comes with working without a fixed schedule or geographic location, then you are welcome to join the lucrative world of making money online with minimal investment. Even if you’re not looking to work full-time at home, the Internet offers a viable source of money which can help to supplement your regular income and improve your life style.

Today I will explore several ways in which you can make some money online. My ideas involve making real cash not points or credits or some funny rewards, they don’t require you to have your own Web domain or ask you money or have your own products or any hard-selling. Hapana. So let’s start.

Be an Online Freelancer
The easiest way to make some real bucks comes through online freelancing or contracted work. Take advantage of your skills and expertise .What do you love? Are you good in web design? Are you a good writer? Whatever your skill is put it to good use as an online freelancer. Perhaps the best place to start is getafreelancer or Elance or Guru or demand studios. No money is needed to subscribe and the registration is fairly simple. Take your time in each website and read the processes involved and make some bucks while you can. You gotta start somewhere.

Be an Affiliate
If this is the first time you are hearing this word then you have been sleeping. Affiliate marketing is one of the most lucrative ways to make passive income while you sleep and do the things you love .Young people all over the world have become millionaires and rich overnight without products of their own or any investment. Talk of Joel Comm., Russell Branson, Michael Sweeney, the king of the online marketing Rich Schfren and the John Reese-famed for making a million bucks online in 24 hours!

Anyway, affiliate marketing works like this: You sign up as an affiliate with a merchant and then promote a specific product or service and whenever a referred user makes a purchase based on your recommendations you earn some commission. If you’ve got an interest in weight loss as an example, you can make money promoting weight loss products. In terms of fashion wear, you can earn commissions by recommending friends to clothing websites with affiliate programs. Sounds fun?

The amount of money you make depends on what you are selling. Done correctly, affiliate marketing is one of the most powerful ways to make money from the web.

The best place to start is Clickbank which has over 200,000 affiliates and over 2 million affiliates’ products. Clickbank is one of the most popular affiliate networks 1)because it deals with digital or downloadable products and 2)because of its platform which makes it easier to select. Commisionjunction or cj as its commonly known is the largest network but deals with physical inventory.

Other popular affiliate networks include Amazon, Paydotcom.com similar to click bank and owned by PayPal, moreniche of which I am member (it’s so cool) and linkshare.com. There are thousands of affiliate networks and probably the best place to find the best affiliate programs is at www.associateprograms.com. Did I mention that www.africapoint.com (based in Kenya) has an affiliate program worth checking out?

Sell Your Stuff Online
Do you have pictures or do you have old stuff that you no longer need, do you love artworks or have some crafts? The Internet provides the best platform to sell your stuff. We all know eBay which provides an avenue to sell your used (new) products to people all over the world. In fact you don’t need to own any product to make money on eBay. (See drop shopping, below).

Those pictures you have may be worth some bucks. Check out citizen journalism websites like www.spymedia.com and www.citizenimage.com which will pay for your images. You can also try using www.shutterstock.com, the most established and lucrative micro-stock photography website.

Are you good in web design, content writing or graphics? , If you are, then you can sell your work at places like www.sitepoint.com or even Clickbank, warriorforum, or digitalpoint.com.

For craftworks, the best place to sell your works is www.etsy.com

Be a Dropper Shopper
This almost like affiliate marketing although it involves arbitrage (here you act as a broker).

It’s a method whereby you deal with offline retailers or exporters in other countries, or buy from one seller and sell to another.

Simply put let’s take the case of eBay. Using eBay’s pulse (sort of market research platform) you find that the most popular fashion item is skinny jeans. Next we research who are the sellers of skinny jeans – we assume our seller (the cheapest) is located in china. You contact the seller who gives you a deal of a certain % of sales (you can also get an affiliate code).Then you head straight back to eBay and find who is selling skinny jeans (in this case he is the buyer).

Armed with your information, you propose the deal to him that you can supply cheap quality skinny jeans and that you can handle shipping charges as a way to sweeten the deal. Deal done. Your supplier in china dropships (ships it directly to the eBay seller that you found) the product and remits your cut in good faith.

Otherwise with affiliate code you can simply open an eBay store and start selling skinny jeans. The seller (our guy in china) handles the shipping (drop ships-takes the product to the buyer’s doorsteps) and handles customer care issues.

Hope you get the idea .It is rather simple. Perhaps I should send you to salehoo, the world’s biggest drop shipping platform where there are thousands of cheap wholesalers located everywhere. Some of the prices offered by the drop shoppers seem outrageous but the commissions are quite handsome. Plus I find this idea of dropshipping so much applicable right here in Kenya. What do you think? Is this not what brokers do at wakulima market?

Some more hot money making ideas coming up in the next post. Keep reading.

To your success,
Kihato Mwangi

About me
I am simple young man who earns and spend most of my time online making some bucks and hunting for opportunities. I am also an entrepreneur (my firm handles life coaching, Internet marketing and how to be financially independent) and a small business consultant who is always eager to help Kenyans to be financially independent by making smart choices.