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Showing posts with the label terryanne chebet blogs

WHAT TO DO WHEN YOU LOSE YOUR JOB

On the 26th of October 2016, my then boss called me into her office and informed me that I had been affected in a restructuring exercise. It was 2.00pm on a Wednesday and I was preparing for my evening TV show,   The Business Centre . In a matter of minutes I had lost a very well paying and prestigious job as a TV host in the country’s leading media house. It was a difficult time and I cried every night, wallowing in self -pity and anxiety. I realised pret t y quickly though, that even though I was emotionally broken I  needed to  face the truth and to deal with the feelings of betrayal, rejection, denial, and the anger that I felt. I knew that I had no choice but to focus on what the future held for me and my family. As a sole breadwinner, I was completely anxious about the future. I had a bank loan, school fees, rent etc that I needed to take care of. I was scared! That was the first time I truly understood what insomnia was. I couldn't sleep well , I stayed up crying a...

The free falling shilling

The first time President mwai Kibaki talked about the free fall of the shilling was at the opening bell of the NSE when Brish American commenced trading on the NSE about two weeks ago. The IPo was undersubscribed, and one reason for that, stock-brokers say is a shilling that won't hold stready as well as Inflation which has robbed Kenyans of disposable income, and the stock exchange is the last of their priorities. The president talked about a dollar demand that was insatiable, and called on the IMF to quicken the process of the Extended credit facility that Kenya had signed up for earlier this year. let me break that down: The Extended Credit Facility (ECF) is an IMF facility which provides financial assistance to low income countries with protraced balance of payments. This means that the import- export balance is off tangent, and it usually results in a weak local currency among other economic challenges. So when Kibaki asked for the a hastening of the ECF, he was basica...