The Nairobi Stock-Jivers
Since I can no longer figure out what the heck these journalists at the Kenyan newspapers are saying, I’d like someone here to click on the links below, read them and then come back and explain to us what exactly is happening at the Nairobi stock-jivers exchange.
Please make an effort to explain how all of the following players are linked to each other:
The links to the articles ( which I no longer have the patience to read) are here:
The Standard article: (please tell us what this reporter is trying to say)
The BD Africa article: (The authors name is not even provided!)
The Daily Nation article: (Are these reporters running out of e-space?)
Please feel free to take your time and I also want you to know that they are no space or word limitations that will be imposed on you.
** Also, include a synopsis on Stella (can she get her grove back) Kilonzo. Did this poor woman think that those men would give her any real power?
Thank you…
KE,
This just means another Economic Tsunami … Is still cooking on the stove…. Wait until all the other hidden tsunami’s join and make the Real Tsunami….
Mambo bado…. the situation is worse than what it looks… Simply put… This will happen again and again… and again… to Infinity…
The perpetrators are still walking Scot free… Who care’s about the Investors… They must have money to waste… That’s why they’re Investing… Right ?… And the Kenyans said… “right”.
Ole Mibei
It looks like events are converging…The next 15 yrs will bring the greatest change to the world and especially the the thirld WORLd
1) Wold wide economic meltodown
2) Serious effects of global warming….excecerbating (1) above
3) Emergent nationalism due to (1) and (2)
3) Political revolutions in third world
I have already prepared for this…Am selling my property in NRB and relocating to my nation..In my hse every one must talk to the kids in our national language (not swa or sheng)
Ole Mibei~the bugger
am warning you …if you are in the west pray the economy survives otherwise the WHITES (obama non withsatnding) will teach you a lesson they taught Jews long ago TILL THEY SOUGHT their ancestral land which they Left 2000 YRS ago…..they jews also escavated their language….(pls learn from the jews)
NATIONALISM goes hand in HAND with tough times…..Tough times brings the primordial survival instincts inherent ..
Therefore the emegent ethnicism in Kenay is a sign of economies goen WRONG……..
And the economy is still 99% string…wait TILL its 50% of now (within 8yrs)
ALL NRK pls take care
ole mibei & Lord:
I don’t think either of you specifically addressed the issues in this piece, which was to tell us what is going on at the nse.
So, I’m still waiting for someone to tell us what those jivers are doing up there.
**More news:
The NSSF is now asking that an audit be done on all six brokerage companies before they’ll invest with them. Why does the NSSF feel like it can only invest in Kenya? This is a global economy, think outside the box and invest in other countries if you don’t trust the NSE.
link on NSSF below:
http://www.bdafrica.com/index......temid=5812
KE: You are full of contradictions.
Here you argue that NSSF should invest abroad for better returns YET you argue Telkom Kenya should retain under-performing Kenyans in its ranks. Don’t you see the irony?
Using your arguments shouldn’t the NSSF invest in under-performing Kenyan firms through shaky Kenyan firms because the money the NSSF invests is Kenyan money?
(BTW, all the 6 firms are not in trouble. Kenyan media reporting is PATHETIC. They are asking the CMA to ensure the 6 firms are stable e.g. CFC Stockbrokers is 100% owned by CFC Stanbic Holdings which is 60% owned by Standard Bank of S.Africa. SBSA is probably larger than ALL Kenyan banks put together!)
CT:
There’s no contradiction. Asking the NSSF to invest abroad might bring better returns for the taxpayers of Kenya who are relying on that money for their retirement. I’m not asking that the kenyan NSSF managers all be fired and be replaced with foreign managers.
My point was, that kenyans should run their own parastatals, but that doesn’t mean that they should disconnect entirely from the global economy — they should run them WITHIN the global economy, but still maintain control and power of their organizations.
Don’t give up your power to foreigners.
** Does the CMA have what it takes to ensure that the various brokerage firms are stable?
BUT shouldn’t NSSF invest in KENYAN firms to create Kenyan jobs first & foremost – per your argument – even if the returns are sub-optimal.
And what is there is a better expat fund manager. Would you spurn (the expat) him for a corrupt/inept Kenyan at the NSSF?
If I had the power, I would recruit Warren Buffet to replace the entire board of NSSF. In fact, WB is financially smarter than the entire board of NSSF. Past or present. You have an idiot like atwoli on NSSF’s board. What does he do? He has half his family hired at NSSF.
After all you argue for lower-quality local Kenyan staff vs higher-performing expats?
I am all for Kenyan employers hiring Kenyans BUT the bitter truth is that many Kenyans do NOT have the requisite skills & experience. I hope this changes soon.
LORD,
So you’re saying you are a jew ?
mzeiya: huh? Why would you think lord is a jew?
(And even if he were… so what?)
P.S. When I read the Bible… I do think Lord as in Yahweh is a Jew. It seems He always favour the Jews. IMHO.
Ahhh…. and Yesu was a Jew. I came across a group called Jews for Jesus. So are they Christians or Jews?