Kenya’s public consumption is a key driver of the economy. Let’s recap the Westgate Terror attack, which had some effects on the financial markets whereby The NSE 20 share index went down 12.40 points to close at 4, 739.42 points.
The local currency was also weaker on that Monday trading at a mean of Sh87.42 to the dollar the previous morning compared to Sh87.38 on Friday.
If Nairobi is experiencing a glut in shopping malls, then KAPS would the first to know. The company enjoys a near monopoly in managing parking lots for malls in the country – and with that, collect tonnes of data on mall traffic. I spent the better part of the December holiday and early this year rummaging through mall trash bins to find this data.
The escapade started off in Nanyuki town at Nanyuki Mall, then to United Mall in Kisumu, through to Zion Mall in Eldoret and finally to eight malls in Nairobi. In the excursion, I came to realise that the ease of finding disposed tickets varied with each mall. However, a pattern started to build up – malls with outdoor activities had fewer disposed tickets than the ones without. So I started paying attention to how each mall is utilising its extra space.
If you are observant, you’ll…
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