Summary of socioeconomic challenges in Kenya, and the biz opportunities as a result

Economic
[ul]
[li]Goods and services globally became more expensive in the last two to three years due to record inflation. This impacts us since we are an import driven economy[/li][li]Over this period, the shilling has depreciated from around 100/USD to 125/usd currently, meaning importers’ are paying 2500 extra for every 10000 worth of imports compared with pre COVID times[/li][li]Public debt has risen dramatically in recent years, meaning more public money going to loan repayments and less going to government projects, hence limited stimulus to the local economy[/li][li]Real estate returns continue to disappoint as there is less money for businesses and households to pay the kind of rent that can cover the high cost of land, utilities etc[/li][li]Consumption by households and individuals is largely being supported by debt. This is squeezing many as interest rates have increased[/li][/ul]
Social.
[ul]
[li]Culture of consumption is eroding values, as people now value things more than their fellow humans[/li][li]Family unit under threat as many lack financial wherewithal to support a household, while many people are equating unsustainable consumption and status with a good life, hence delaying marriage until they ‘get enough money’[/li][li]Education levels have sharply declined as social media is affecting attitudes, attention spans, and promoting low IQ content for likes[/li][/ul]
Opportunities

[ul]
[li]Lending to the government via bonds, tbills[/li][li]Owning shares in stable banks (because of debt dependency) that pay good dividends and control non performing loans[/li][li]Selling alcohol and other vices so people can numb the pain[/li][li]Advertising cheap consumer products that look expensive or help people obtain status[/li][li]Starting programs, religions and movements that promise ‘fulfilment’ to the dissatisfied masses and an easy way out in exchange for a small token [/li][/ul]
Risks
[ul]
[li]Theft and insecurity due to growing desperation of the masses[/li][li]Inability to start a family due to declining social values[/li][/ul]