The Aya - The AYA - A Bold Family Affair
Open in browser AYA - news in a paragraph The AYA - A Bold Family AffairThe AYA is a Subscription-Only Email Publication that Simplifies the Daily News in Kenya and Around the World with a Touch of Fun. It's simply news in an 'aya'.It’s always been a family affair at Orior. The new SoHo showroom of Irish design studio Orior features the brand’s multifaceted spirit under one roof. It’s spectacular! A Story AYAWhat Was Mentioned This Week? What’s that? Stagflation is a mash-up term combining the words stagnation and inflation. Stagflation is an economic slowdown—stagnation—while inflation persists. The inflation rate is high. The economic growth rate slows. Unemployment remains steadily high. What is Inflation? If it feels like your ‘moolah’ doesn’t go quite as far as it used to - or it goes faster for the same products - you aren’t imagining it. That’s because of Inflation. Inflation describes the gradual rise in prices and slow decline in purchasing power of your money over time.
What’s Kenya’s Inflation Like? Practically, inflation occurs when prices rise across the economy, decreasing the purchasing power of your money. Kenya’s inflation hit a 27-month high in May on the back of a jump in the price of essential items like cooking oil, food, fuel and soap, squeezing household budgets and demand for goods and services. The cost of living measure rose to 7.1 per cent in May from 6.5 per cent the prior month, KNBS reported.
Back to… Stag-what? Stagflation. Let’s say the economy is malfunctioning - Prices keep soaring while economic growth — the rate of increase in the output of goods and services — slumps. The lack of economic growth over time can lead to higher unemployment. Overall, stagflation defines “a macro economy that’s not working very well.” What’s My Life Got to Do With This? As of June 2022, most of the world is not in stagflation, but it’s likely coming, alarmists, warn. People are generally happier when the economy is booming and prices are low. Usually, when inflation exceeds some level, the central bank will raise interest rates, making it more expensive for households and businesses to borrow money, which discourages spending and tamps down price increases.
That all becomes harder when the population is convinced that inflation is here to stay, which then forces the central bank to raise interest rates more aggressively to try to bring inflation under control, which can slow growth even more dramatically. You said Alarming?…
Why is Stagnation Hurting? Inflation and weakening growth could trap the global economy in a years-long slump. Persistent challenges could harm consumers and employers alike, settling world markets into a downturn that they largely avoided when the pandemic first struck. So, What’s the Solution? The conventional wisdom on solving stagflation is to deal with inflation by raising rates and sacrificing economic growth and higher unemployment.
But the bottom line is that stagflation is coming. Globally! Tiny AYAs
And Also… These…
Hot on Business"They are sold for between Sh6,000 and Sh12,000 a pair, whereas guinea fowls go for Sh4,000 to Sh8,000 per pair, depending also on the variety." ~Titus Kiptoo. He has been minting cash-rearing ornamental birds such as guinea fowls, turkeys and gees. AYA Tiny ThoughtThe position you find yourself in determines the options available. Almost all the options available are positive when you put yourself in a good position. When your position is bad, however, almost all the options available are negative. That's not to say good outcomes can't come from a bad position, but there are no points for playing on hard mode. There is always something you can do to improve your position;
Good positioning lets you control your circumstances. Poor positioning lets your circumstances control you. When you are forced to act by circumstance, a chain reaction of increasingly poor choices follows. Interior Logic → "You have to be content when a path that you’re pursuing turns out not to be rewarding. It’s a journey in that sense." AYA Photo of the WeekFBV WP house in Porto Feliz, in the green expanses of the state of São Paulo, is one of Gabriel Garbin and his architecture studio’s most recently finished residential works. And Lastly AYAs….Here are 10 CHEAP (and pretty easy) Africa Business Ideas:1. Become a REAL ESTATE agent anywhere in the world selling attractive real estate units in Africa to the Diaspora and other international investors (Watch this space!!) 2. Create a Medical Tourism Network - Medical Tourism within Africa is TRENDING! 3. Help successful business owners in Africa to create more FREEDOM through HR or sales processes & software. 4. Start a Mystery Shopping agency - test African tours, hotels, restaurants and banks (BIG GAP!). They depend on quality service delivery to stay competitive! 5. Write marketing and sales copy for the hospitality or financial industry (HUGE NEED!) or train a team. The lack of marketing & sales expertise in Africa is huge, and is a top hurdle for the tourism industry and brands. 6. Provide packaging advisory to manufacturers in Africa, so they can become globally competitive (HUGE NEED)! 7. Start an agency for mental health practitioners (GROWING DEMAND!) 8. Provide landscaping design and services to hotels, restaurants, corporations, and wedding venues (Big GAP!) 9. Start a cyber security training company and focus on the financial or infrastructure industries (HUGE NEED!) 10. Provide business processes outsourcing services to struggling companies worldwide. Africa has a cheap professional workforce (TRENDING!)
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