Is sentiment an economic fundamental?

A section of Oginga Odinga street in Kisumu County in this photo taken on March 11, 2022.

Photo credit: File | Nation Media Group

My late friend Moses Nguyo Nderitu, an easy-going guy with a laid-back style, read a leading daily religiously. He was an excellent economist and investment banker.

Over copious amounts of African tea - made with an extra tea bag to bring out the rich colour and flavor - we pondered the Kenyan economy over many years.

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