Comments on: Safaricom: Largest IPO in Sub-Saharan Africa’s History

By: Bayo Adekanmbi

Bayo Adekanmbi — Tue, 19 Aug 2008 17:55:10 +0000

Safaricom’s IPO over-subscription is a classical case of the pent-up desire of Africans to demonstrate their appreciation for worthy investment. Telco businesses are the most profitable in African continent, even with the huge CAPEX, the average margin per user is relatively high compared to the world’s average. Africans will like to put their money where their mouth or voice is because each call they make is a call of wealth

By: The fall guy falls | Gathunuku

The fall guy falls | Gathunuku — Tue, 08 Jul 2008 14:11:34 +0000

[...] several months, had already sold off a significant part of the an actually well run and profitable government owned company and was running out of options. He had to sell the Grand fast. So when tales finally emerge that [...]

By: WG

WG — Wed, 11 Jun 2008 17:49:00 +0000

Another thought, if Obama was a high-ranking/majorly profiled low-life/criminal/vagabond/good-for-nothing sorta fella, would he still be getting as much publicity/acclaim for his “ethnic” background? Just wondering.

By: WG

WG — Wed, 11 Jun 2008 17:45:49 +0000

KE:
I too just read the post from Lost White Kenyan chick and like you, I do agree w/ her observations/commentry.

I just find it ridiculous that there are those that still believe in a monetary “trickle down effect” or handouts/whatever. Though I understand we need some major civic education starting at the very bottom of our society/communities. We talk about “corruption” at the highest levels, but this mentality of handouts is just as corrosive I think.

Having read 2 of Obama’s books, he does give minimal credit to his father largely though for the fact that he was by design/function. But it’s true, his father basically left the family for whatever reasons and so I’m a bit perplexed with this “Luo” factor that’s now getting a big splash in the headlines. And how he will now raise a community so far away to much greatness should he win in November. Uhm, whatever.

Ok, now what was the original blog? Oh yeah, the Safaricom IPO. Just like many recent IPO offerings in Kenya, I don’t have much faith in them. The “common” mwanainchi continues to remain at the bottom of that totem pole – kama kawaida.

By: kenyanentrepreneur

kenyanentrepreneur — Wed, 11 Jun 2008 01:10:18 +0000

Annon:

I just read the post from lost white kenyan and I agree with everything she had to say. She’s spot on.

Luo’s need to get away from this “group” think idolization of so called “leaders”. Barrack Obama becoming president will not increase the ugali on their plates. However, having said that, I do hope that Obama wins and I think this is true of every black person on the planet. It would be an astounding historical political feat if Obama wins, but credit for that will not go to Obama’s father (who essentially abandoned him) – the credit for the man Obama is today goes to his mzungu mother and his mzungu grand-parents who raised him.
http://lostwhitekenyan.blogspo.....rocks.html

By: annon

annon — Tue, 10 Jun 2008 23:41:50 +0000

fellow bloggers, there’s a blogger by the name lostwhitekenyan.blogspot.com who’s written a post about Obama which has made me unhappy. Check out her post titled “Over here its all about Barry” and tell her what you think. Thanks

By: just what?

just what? — Tue, 10 Jun 2008 08:08:23 +0000

count among the winners all major media houses (esp daily nation). for 2 weeks now the papers have been full of safaricom related ads – refund ads, thankyou ads, stockbroker ads ad infinitum

other winners are the printers ,who’ll print 1 million prospectus copies and the Postal corporation who’ll ship them out.(it cost kengen 20million just for stamps)

a last winner is the country’s image. see the story at http://www.economist.com

cant come up with more losers, but the 30 million plus citizens ought to be enough for now!