The Kenyan shilling is at an all time low. That statement is now tired. Sadly, it is true. Why is the shilling losing out to major world currencies, and even to the US Dollar which is losing against other major currencies?

The School of Accountancy has organised a session to discuss Kenya's failing economy on Monday, 17th October starting at 1.30pm in the auditorium. The theme of the session is: "A FLAT TYRE, DATE OF SERVICE OR AN ENGINE KNOCK: AN ANALYSIS OF KENYA AS AN ECONOMIC VEHICLE!"

The session will start with Dr Robert Mudida, economics author and lecturer explaining how exchange rates work. Then Mr Peter Magati, will facilitate a session on: Inflation – the worst form of tax on the poor.

Mr Wambua Kimeu, the Head of Finance at TransCentury investment company will speak about the effects of the economic woes to the private sector's planning and cash flow management. 

Mr Vincent Kimosop, the CEO of Institute of Legislative Affairs will then address the question: Have government policies on addressing Inflation and falling Exchange Rate failed?

After that Mr Denis Muganga, and Mr Peter Chacha both Economists at the Ministry of Finance will talk about "Causes and policy measures to address the depreciating Kenya Shilling and High Inflation rate."

The session is open to the public.