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  • Permalink for 'Why The Sharp Appreciation Of Kenyan Shilling Is Not Good News For Christmas' Why The Sharp Appreciation Of Kenyan Shilling Is Not Good News For Christmas
    Posted: November 28th, 2007, 4:32am EST
    Kenyans in the Diasporas will have to dig deeper into their pockets for Christmas presents, but there is a possible solution.

    There are conflicting reasons as to why the Kenyan shilling has appreciated so dramatically over the last few days. There are those who believe that this latest development cannot be de-linked from the forthcoming mother of all general elections scheduled for 27th December, and that some of our politicians are bringing in huge sums of money from secret accounts abroad to finance the last push of the political campaigns.

    Whatever the reasons, a strong shilling has so far not benefited the vast majority of Kenyans because rather than prices going down, they have been going up. Not to mention the fact that thousands of jobs have been lost in the horticultural industry and other sectors that heavily relies on exports for their earnings.

    Now there is further concern amongst Kenyans in the Diaspora as they contemplate sending gifts home to their loved ones this Christmas. The painful thing is that they will have to dig deeper into their pockets. Estimates show that for every $100 in gifts sent home, the recipients will be losing up to Kshs 400 when compared to the rate just last week.

    Fortunately there are certain options currently in the market that will help a great deal to cushion Kenyans on both sides of this Christmas equation—namely those receiving gifts and those sending them.

    This is the rather innovative service offered by Mama Mikes that allows for secure and timely delivery of gifts to any remote corner of Kenya. The fee charged for the service is reasonable o that it beats other much more expensive and less reliable options that Kenyans have been using to send Christmas cheer home (like sending friends who are returning home to vote.)

    The truth is that times are hard for most Kenyans at home and those who have not been to Kenya for the last couple of years will not be in a position to appreciate just how bad things really are for so many of their previously prosperous Kenyans.

    Mercifully during this season of goodwill and gift-giving, there is a chance to bring a smile of remembrance and good cheer to somebody back home.

    The Mama Mikes site makes it possible to accomplish this very securely.