Of Movement Restrictions, COVID-Stricken Insurance Sector, Safaricom’s 5G, Tesla Accepting Bitcoin for Cars and the Curious Case of the the Suez Canal

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We are Curious - Safaricom

In this episode, the Kenyan Wallstreet and Hisa Team talk about how the new movement restrictions in response to COVID-19 are necessary to protect lives but highly inconsiderate for businesses facing high taxation and students who just resumed schools. While Safaricom’s 5G’s launch means well for the future, it was a rushed decision, given that as of last year, only 16% of mobile devices countrywide supported 4G. The insurance sector is still taking blows from the pandemic, evident in CIC and Sanlam results. Elon Musk is a genius for trading depreciating teslas for appreciating bitcoin.

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