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15 Highly Inspiring Quotes from George Wachiuri That Will Make You Think Differently

Kimani Patrick

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As the captain to one of the most ambitious companies in Africa, George Wachiuri is a man admired by many – not because of his success over the years but also for his service to the community and warm personality.

To start with, this man is pretty much unstoppable, his journey took off by losing a Sh 5M worth of lifetime savings through a deal gone sour. But that did not stop him from heading to the future – he soldiered on to build and position Optiven Group as a reading real estate brand in east Africa before diversifying into hospitality, construction, agribusiness and insurance.

But perhaps the greatest thing Mr. Wachiuri has ever done is inspire others to be their best selves. He can also make miracles happen, too. In fact, if it weren’t for him, most entrepreneurs in Kenya including myself could still be struggling in our businesses. Here’s how some of his 15 most inspirational quotes can transform your life;

  1. No one should ever give up. Learn to focus on your vision, trust in God, be self-disciplined, network relentlessly, be passionate about your undertakings, work smart and hire people who are smarter than you.
  2. I ventured into business thinking it would be easy, I failed 15 times before things started working out. When you fail dust yourself off and rise up, it is a lesson.
  3. Always be in peace with each other, do good and help those that are disadvantaged in life. If you cannot help many, just help one.
  4. It takes many hands to make light work, but more importantly, it takes one step at a time to complete the journey of 1000 miles.
  5. Keep telling yourself good and positive things. Keep mining the best attributes out of yourself. I am a great person, I am the best that there is, I am a winner, I am extremely handsome, I am amazingly beautiful. Ultimately, you will condition your brain to think and act with this kind of positivity. And when success comes as a result of this positive attitude, take time to celebrate, however minimal this success seems.
  6. One thing I have discovered about life is that the best age to be is 45 to 55 years as you are able to skillfully take calculated risks.
  7. Awards are given out as a reward to those who have a positive impact on their communities and the country or region they operate.
  8. Service to humanity and leadership to humanity is a humble calling
  9. It is an effort and requirement for all of us to reach out to the youth through mentorship. This way, we empower them to leave a tangible mark wherever they go and make society a better place.
  10. If all your friends are always affirming you, you will end up living in a comfort zone.
  11. Take a risk and explore new things, new targets, smile differently, work differently. People who don’t change become salty.
  12. The worst thing that you can ever do is to yourself is to compare yourself with another person. You have to always remember that you are the only version of yourself in the whole world.
  13. It is wise to avoid unnecessary competition with your peers, with your colleagues, with your family members. You better learn to compete with only one person in life – yourself.
  14. Never allow people to define you or your capacity. Be assertive and learn to go for what you want in life without seeking the approval of everyone around you. Have a total control of your life and break the chains of unrealistic societal expectations that will always turn into a frustrating mirage chase.
  15. There is joy in diversity. Life could be very boring if we were all looking the same, talking the same language or belonging to the same religion. Learn to accommodate other people.

Which of the quotes above inspired you most? Comment below,

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Entrepreneur. Group CEO for The Carlstic Group | Magazine Publisher (@readinversk), Copywriter & Unpublished Author. Into = 🎤📃🚵‍ #ReadInversk

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Kenya Today

Fuel Price Soar in the Latest EPRA Review

Kevins Jerameel

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Energy and Petroleum Regulatory Authority (EPRA) has hiked the fuel prices for one month of November through December. In a statement signed by EPRA Director General Pavel Oimoke on Thursday, a litre of petrol in Nairobi will now cost Sh 110.59 an increase if SG 2.54 while a litre of diesel has risen by Sh 2.65 to retail at Sh 104.61.

Households using kerosene are the hardest hit, in the latest review, kerosene consumers part with Sh 2.98 more for a liter that will cost Sh 104.06.

Kenya’s inflation increased to 5.7% in the month of September from 4.04% the previous month due to increased taxes on petroleum products.

The rate is the highest in 12 months, an indication that the impact of VAT on fuel is sieving into the economy. The price increase which took effect from Thursday night will remain in force till the midnight of December 14.

The rise in fuel proves is attributed to an increase in the landing cost for super petrol by 0.86% from Sh 4,593 per cubic meter last September to Sh 4632 per cubic meter last month while that of diesel increased by 2.08% from Sh 4919 per cubic meter to Sh 4999 cubic meter.

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Markets

Auctions Jump as Mortgage Defaults Hits sh38 Billion

Georgina Korir

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Default on mortgages jumped 41 percent to Sh38 billion, pointing to widespread distress in the real estate as it is experiencing a slump growth and property auctions pick up.

Latest real estate data from the Central Bank of Kenya (CBK) shows that mortgages shows the industry experienced the biggest hike in non-performing loans (NPLs). Unpaid mortgages increased by Ksh11.2 billion or 41.1 percent, manufacturing by 19 percent, traders by four per cent and personal loans by six percent.

According to the report, 16.9 percent of the Ksh224.8 billion gross loans extended as mortgages were not being serviced at the end of December 2018, up from 12.2 percent in 2017.

“The ratios were above the industry gross NPLs to gross loans ratio of 12.7 percent in December 2018. Deterioration in asset quality was mainly attributed to among other factors; subdued business activities, delayed payments from public and private entities and low uptake of housing and commercial units,” CBK noted.

The real estate industry was dotted with auctions, as the most people who had taken loans on the strength of their pay slips to buy property failed to service them in 2018 and 2019, following the NPLs.

Attributing to a dying economy, which has seen several companies shut, there have been a lot of job cuts in Kenya.

At least 78,400 new formal jobs were created in the economy in 2018 compared to 114,400 in 2017 this, According to the Economic Survey 2019.

Following the interest rate cap which was repealed last week, the banks have also been reluctant to offer loans to individuals and SMEs who are first time borrowers.

As a result, compared with a growth of 23.9 percent in 2015, there was minimal growth in mortgage growth of 0.7 percent last year.

CBK said, “This could be attributed to banks’ review of mortgage terms to offer mortgage loans on increasing credit risk in the real estate sector,”

It is reported that more auctions linked to mortgage defaults were conducted in 2018 compared to 2017.

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Features

Understanding Art Piece Collection Value In The Market

Dennis Kamau

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You probably have had a trigger of suspense when art is mentioned either in the movies and you wonder how to value them? Well there are a number of factors to consider when valuing an art piece.

Unknown to individuals when it comes to art, is the value that art piece carries on matters concerning the monetary value. The most important factor when valuing an art piece is the artist of the work.

A piece of work that has been produced frequently by an artist will have a high monetary value than an art piece done by a new artist. Also, works that was produced as old art collections have a quite good impression as they tell a story of occurrence of that season and whether it represents their work.

Subject of work may narrow or broaden the market of buyers as more private buyers are purchasing art directly from the artist (primary market). Certain subjects always attract more clientele than others. Like an art piece of a beautiful lady will sell better or the big five animals than a portrait of an old man.

Subjectivity of work is not a factor that is independent but depends on the drive of demand of buyers. If the demand is high the prices increases. The commercial value of art piece depends on collective intentionality similar to currency.

On a different scale, sizes matter where even though the artist may feel that a small size is efficient the buyer perception is different.  Art piece with big size are expensive in the market like a wonderful sculpt that can sit at the backyard of an individual or next to the welcoming door of the house.

The type of materials used in an art piece can greatly increase the price, Leonard Davinci Mona Lisa painting holds the highest value insurance for a paint, its custodian is the museum. Art is being redefined from the beginnings of illusionist painting to complex photography with binary digits and also, sculpture designs. We humans tend to try and tell a story of what the impression an artist had when coming up with an art design.

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