Have been running Google advertisements for a few months, and "earning" just under a dollar a day which is an international poverty line measure for individual income.
Over the weekend I received my first cheque from Google for $100 dollars (about 7,100 shillings). Not bad but it’s a start, because sometimes blogging is time consuming and it’s good to get some cash from some non-intrusive advertising.
Unfortunately Kenya is not one of the few countries that Google has selected to make payments in local currency. Am off now to look for a bank that will enable me to cash the cheque drawn in New York with a minimum of bank charges and fees.
Sad News
- Military Plane crash has kiled 4 MP's including assistant minister Mirugi Kariuki and former Foreign Affairs minister Bonaya Godana as well as at least 14 other people.
- Head of the Kenya Bureau of Standards (KBS) , Eng. Masila also passed away in a road accident over the weekend. He had steered his organization to enforce some stringent quality measures leading to higher quality of imports into the country.
NSE rumbles
Two stories in the East African today:
(i) The Transcentury Group, which recently acquired 4% of KPLC, is at an advanced stage to take over 25% of Housing Finance Company of Kenya. Two years ago they took over East African Cables and shareholders of that company saw their shares shoot from 10/- to over 160/- today.
(ii) Sameer Africa has sold its 10% in Uchumi, just three months after buying them from ICDCI and also resigned their position on the board. The Uchumi Board has since appointed Albert Ruruti, former KCB operations manager to the board and also as Chairman of the company.
