Btw..i am enjoying the drizzles. This should see kitchen recurrents like veggies, potato, tomato, milk ease. I think there will be lower food inflation in H2. And also the ease in diesel & kerosene prices c/o fiscal intervention should contribute further somewhat.

If the concern is about foreigners pulling out of the NSE then I am listening. But then again..they will not have learnt that they are better off here as it were in 08/09 where as much as the NSE tanked..our banks still posted double digit growth in earnings. Me I am Kenyan with Pan-african interests, hapa ndo nakulia.

i second, third,forth,fifth,sixth that !!!!!!!!!!!

Lets look at this hypothetically. After listening to Ndung'u yesterday, i started thinking.
1.If the greek PM fails the no confidence vote today it means they can't pass any austerity measures within the 12 days remaining & most definately will default & go broke leaving most European & American banks with an exposure of about $2 trillion in Greece, Portugal & Spain.
2. With the above scenario everybody is dropping Euro dominated assets for the 'weakening' dollar & going to any market as long as its not European. Now if Kenya's currency is taken as weaker to the dollar & investors are looking for economies to park their cash at, Kenya becomes a destination only if political noise goes down & the shilling stabilizes at around 95.
3. Looking at this situation you'll realize that most of these 'investors' right now don't want to park their cash in Emerging & Frontier markets with strong currencies that can be easily affected by Greece's insolvency but in markets that they can easily control the dynamics within.
As Kenya if this is played right & with most of international multinational financial institutions within fully exposed in Europe, they might or are seriously looking at Africa & who says it can't be Kenya. Stanchart has opened its regional hq here which speaks volumes & as Ndung'u said yesterday we control inflation the rest of the chips will fall in place.