Ronny Chokaa (@RonnyChokaa) profile picture

Economist | Capital Markets Trader

Nairobi, Kenya
Joined May 2023
Ronny Chokaa retweeted
Ready to look beyond equity trading? Join us tomorrow for Day 3 of the NSE 2026 Investor Week! 📊 ​Our expert panel will share insights on Alternative Investments including REITs, ETFs, Derivatives, and Bonds to help you diversify your portfolio effectively. ​🗓 Date: Wednesday, 7th October 2026 ⏰ Time: 9:30 AM – 10:30 AM EAT 📺 Platform: Live on YouTube ​Don't miss this opportunity to refine your investment strategy!
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In 2008, Femi Otedola controlled 93% of Nigeria’s diesel market. He placed a $500 million order for one million tons of diesel when crude oil was at $147 per barrel. While his diesel was still on the high seas, three things happened at once: 1. Oil prices crashed from $146 to $34 2. Naira was devalued from N120/$ to N167/$ 3. The 2008 stock market crash hit When the dust settled: → $480 million lost to oil price crash → $258 million lost to naira devaluation → $320 million lost to skyrocketing interest → $160 million lost to the stock crash Total: $1.218 billion in debt. The same banks that once sent “elegant ladies” to court him for deposits started sending hefty, barrel-chested men to his Ikoyi home at dawn. He surrendered 184 flats. Filling stations. Tank farms in Apapa. A Bombardier private jet. Today he chairs FBN Holdings. The man who lost it all built it all back. Disaster turned into a comeback story.
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Much to do, much to learn, much to be.
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Ile ujinga iko hii Kenya😂😂
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I can sit at a table with global leaders and still remain fully African, fully critical, and fully myself. Presence is not submission.
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Me passing by Sarit Centre on my way to Gikomba kubuy mandege
Nike has now officially opened its first East Africa store at Sarit Centre, Westlands in Kenya, a direct store for customers, not a reseller like before.
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In the end. All we have is family.
Special Thanks To my Family for Standing with me Through Out The Journey and For Receiving me at the airport Today.
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My daughter’s lemonade stand was struggling, so we pivoted to AI compute. She’s been acquired by Microsoft for $1.2 billion.
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Dangote is finally winning It’s “highly profitable,” said Alan Gelder, VP Wood Mackenzie. He assessed the facility’s gross margin was over $30 a barrel based on crude and product pricing for early April, compared with about $15 for refineries in Europe.
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期近が売られるとはこういうことです。
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“mom how did we get so rich?” “we pivoted from footwear to an ai infrastructure company”
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1/ Three counterintuitive findings from Kenya’s macro data analyzed 🧵 📈 GDP growth is highly persistent 📈 Higher policy rates correlate with higher short-run growth 📊 Growth is strongest in moderate inflation regimes Here’s why this makes sense 👇
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4/ Third: growth peaks in mid-inflation regimes. Not ultra-low inflation. Not high inflation. Moderate, predictable inflation often coincides with: • Stronger nominal income growth • Healthier pricing power • Manageable debt dynamics Stability ≠ minimal inflation.
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5/ The lesson: Monetary policy effects are • Dynamic • State-dependent • Regime-sensitive Static textbook intuition misses this. Emerging markets are about credibility + context.
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🎙 | Join us on #MwangoSpaces today at 8 PM EAT as we break down the H1 2025 results of Kenyan banks. Guest: — Ronny Chokaa [@RonnyChokaa], Analyst Don’t miss
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You can talk about savings all you want but it's income that builds wealth. It's very hard to save money when you have low income. You cannot personal finance your way out of poverty. Often, the enemy is low income and not financial illiteracy.
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