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Business Daily: Kenya rising

12/04/2013

Kenya rising

BBC World Service - Business Daily, Kenya rising

What economic benefits can Kenya expect to reap from its peaceful transition of power?

What economic benefits can Kenya expect to reap from its peaceful transition of power?  Plus the lessons from Spain for Cypriot investors - the news isn't good.

For decades Kenyan politics has been bedevilled by tribalism. One thousand two hundred people died in violence following the Kenyan election in 2007.  This time round the disputed result was resolved peacefully in the Supreme Court.  

This week the new president, Uhuru Kenyatta was inaugurated promising to "leave no community behind".  So has Kenya turned the corner and what the economic benefits can the nation now expect to reap?  

Meanwhile the government of Cyprus is being told it'll need to find an extra six billion euros.  Spain's banks have been in crisis for far longer so what lessons can Cypriots investors learn from the Spanish experience? 

Plus, will your next home be an "apodment"?  When you hear what that means you'll probably be hoping not.

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