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Bloggers and Social Media are not to blame for the Chase Bank crisis
by James Wamathai 13 Apr '16

13 Apr '16

I don't think you read the press release in its entirety. Basically the crisis was precipitated by the movement of funds by directors. Social Media came at the tail end of things to influence the bank run. It was however not to blame for the underlying problem of movement of funds from a bank without proper security. On Wed, Apr 13, 2016 at 8:59 AM, <kictanet-request(a)lists.kictanet.or.ke> wrote: > Send kictanet mailing list submissions to > kictanet(a)lists.kictanet.or.ke > > To subscribe or unsubscribe via the World Wide Web, visit > https://lists.kictanet.or.ke/mailman/listinfo/kictanet > or, via email, send a message with subject or body 'help' to > kictanet-request(a)lists.kictanet.or.ke > > You can reach the person managing the list at > kictanet-owner(a)lists.kictanet.or.ke > > When replying, please edit your Subject line so it is more specific > than "Re: Contents of kictanet digest..." > > > Today's Topics: > > 1. Re: Bloggers and Social Media are not to blame for the Chase > Bank crisis (Wangari Kabiru) > 2. Fwd: [AFRINIC-Announce] Call for Nominations for AFRINIC > Board (Mwendwa Kivuva) > 3. Fwd: [Internet Policy] More on Internet access for all, and > how to make it affordable (Barrack Otieno) > 4. DRAKE Agenda: The 30Billion .KE Ecosystem (DRAKE) > > > ---------------------------------------------------------------------- > > Message: 1 > Date: Mon, 11 Apr 2016 09:41:02 +0300 > From: Wangari Kabiru <wangarikabiru(a)yahoo.co.uk> > To: kictanet <kictanet(a)lists.kictanet.or.ke> > Subject: Re: [kictanet] Bloggers and Social Media are not to blame for > the Chase Bank crisis > Message-ID: <qofl268axgmpm9ss1c1h8reo.1460353339876(a)email.android.com> > Content-Type: text/plain; charset="utf-8" > > Happy Monday! > > I pray many have found their steps in the real world away from the social > sphere even as this fiasco hits many of our families and institutions. > > Firstly, I wish to point out and assert that the BAKE Press Release might > not be accurate. Even if attempting to prove that blogging/social media is > a 'good guy' here, might be spreading an online falsehood which BAKE cites > it is against by citing that no bloggers or social media users were > beneficiaries. > Unless the press release means that BAKE has already followed the food > chain for the proceeds, has 100% verified that the cited direct > beneficiaries are not/have not been bloggers in their own spheres and do > not hold any social media presence - has verified with the individuals or > the host companies. > A tall order I suspect this would be! > > I would understand attempting to say social media as a tool did not go > into the bank and cash out or make the leaders act as they might have or > that the entity wasn't a direct participant. > > Secondly, the social media boasted and was largely credited for the Arab > uprisings. The uprisings had many effects, many negative including loss of > lives, economic turmoil, most of which is still felt today. Even in the > midst of this, what was the social media given credits for? - Bringing > democracy, 'giving the citizens a voice (platform)'. > This means that groups of people may choose the side of the coin to > glorify or cling to based on their interests. > > Thirdly, I would imagine that when the first cheque leaf was invented, > some ingenious (yes, innovative) people deviced their own in the > backstreets. Due to this, the real inventors had to go back and extra > innovate measures to build confidence for verification of cheques. > Social media is sitting in this space now and this cannot go on for too > long. Where is the real, veri-checked, authentic information to be found? > Even as you and I become sources of information in 'public journalism'. > How to ascertain that the WApp press release or video message circulating > as from CBK, from Chase Bank, from IG is for real or the real one. Please > do not even refer to the official website...some may already have > duplicates, diversions etc. > > This not addressed, the online space will continue to be viral yes, msema > kweli to some, yet mostly viewed as venom ground, active users with many > followers cited to be paid, thus shrouded with suspicion and this kills the > confidence it should be breeding as a tool that is actually a sector. > Yes, it gives Government agencies whose work is to govern and hold public > interests a battle ground which CSOs will keep calling 'muzzling of > freedoms'. > > Finally, it would be exciting to have a study done on the influence of > social media on the financial services sector and most recent happenings. > It would be great for the Central Bank of Kenya to run this from the > government point. > And since a meeting of minds on findings with CSOs may not happen at the > onset, CSOs from the industry insider Kenya Bankers Association to internet > champions ISOC KE, KICTANET, BAKE to consumer bodies COFEK may proactively > run their own. > > As 'mattress banks' and 'maize granary banks' mushroom, definitely there > has been an impact. Some lessons that may be leveraged upon, while others > avoided or managed early. > > > Have a well cushioned blessed week! > > Regards/Wangari > > > > On Apr 9, 2016 13:27, James Wamathai via kictanet < > kictanet(a)lists.kictanet.or.ke> wrote: > > > > > http://www.blog.bake.co.ke/2016/04/09/bloggers-and-social-media-are-not-to-… > > > > "The continuous and sustained efforts to blame bloggers for the > financial turmoil at Chase Bank cannot continue unabated. A statement from > the Central Bank of Kenya (CBK) blamed bloggers stating ?Chase Bank Limited > experienced liquidity difficulties, following inaccurate social media > reports and the stepping aside of two of its directors.? > > > > Nothing can be further from the truth. Chase Bank was put under > receivership on 7th April, 2016 for liquidity challenges due to lack of > integrity by the management. None of the top directors; the Chairman and > the Chief Executive are bloggers. No blogger or social media user was the > recipient of the huge loans the directors and staff of the bank gave > themselves, against banking regulations." > > > > > > > > >

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DRAKE Agenda: The 30Billion .KE Ecosystem
by DRAKE 13 Apr '16

13 Apr '16

View this email in your browser (http://us10.campaign-archive1.com/?u=f12adc82116eb3f0918f939db&id=8bfd2438b…) ** Achieving the Kshs. 30 Billion Ecosystem ------------------------------------------------------------ Hallo and welcome to the Internet of things! The year is 1999 and the world is going to end!..or so it seemed. A lot has changed since 1999 and so has our agenda as the Domain Registrars Association of Kenya (DRAKE). We aim to grow the .KE ecosystem through the multi-stakeholder framework legally known as KENIC. (http://drake.us10.list-manage.com/track/click?u=f12adc82116eb3f0918f939db&i…) In 2017, The National Broadband strategy (http://drake.us10.list-manage.com/track/click?u=f12adc82116eb3f0918f939db&i…) will lapse and with our hardwork 1,000,000 + domains should have been registered. DRAKE has been formulating the .KE Ecosytem (http://drake.us10.list-manage.com/track/click?u=f12adc82116eb3f0918f939db&i…) and building a roadmap towards achieving a Kshs. 30Billion Ecosystem through value addition from the bottom up. In 2014, we kicked off the .KE automation drive that saw all our members adopt a click and pay approach to domain purchases. In 2015, through KENIC we saw the launch of #weareke a national brand awareness campaign. What Next? A million domains is no small feat,it needs a collective approach. We've broken down our engagement segments as below: 1. Fund - Partner with DRAKE 2. Community - Engage with DRAKE 3. Government - Rollout with DRAKE 4. Technology - Grow with DRAKE DRAKE's relevance to date would not be possible without our heroes and as such we appreciate the continuous support of: 1. Cabinet Secretary - Joe Mucheru, Permanent Secretaries - Victor Kyalo & Sammy Itemere, Our Ambassadors at Government. 2. Michael Katundu - An unsung hero of ICT in Kenya and a key DRAKE champion. 3. Joe Sevilla - Strathmore University's IBiz Hub is not only The Home of the DRAKE but also our testbed for startup inclusion in the .KE Ecosystem. For more on our evolving agenda, talk to us and let's Build .KE Together! Kariba Moko - DRAKE Chair ICT CS Joe Mucheru Mr. Michael Katundu Joe Sevilla (Left) ============================================================ ** (http://drake.us10.list-manage2.com/track/click?u=f12adc82116eb3f0918f939db&…) ** (http://drake.us10.list-manage.com/track/click?u=f12adc82116eb3f0918f939db&i…) Copyright © 2016 DRAKE, All rights reserved. This email is sent to all domain registrars in Kenya Our mailing address is: DRAKE 59857 Ibiz Africa Hub, 5th Floor Student Center, Strathmore University Madaraka Estate, Ole Sangale Road Nairobi 00200 Kenya Want to change how you receive these emails? You can ** update your preferences (http://drake.us10.list-manage.com/profile?u=f12adc82116eb3f0918f939db&id=4e…) or ** unsubscribe from this list (http://drake.us10.list-manage1.com/unsubscribe?u=f12adc82116eb3f0918f939db&…) Email Marketing Powered by MailChimp http://www.mailchimp.com/monkey-rewards/?utm_source=freemium_newsletter&utm…

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Fwd: [Internet Policy] More on Internet access for all, and how to make it affordable
by Barrack Otieno 13 Apr '16

13 Apr '16

Listers, This might be of interest as we work on connecting counties. Regards ---------- Forwarded message ---------- From: "Richard Hill" <rhill(a)hill-a.ch> Date: Apr 3, 2016 9:45 AM Subject: [Internet Policy] More on Internet access for all, and how to make it affordable To: <internetpolicy(a)elists.isoc.org> Cc: Here is an entirely different approach on how to fund Internet connectivity for all (but it isn't actually all that new or different from how we fund roads, electrical power distribution, water distribution, etc.): http://potsandpansbyccg.com/2016/03/31/another-municipal-model/ City officials in San Francisco recently issued a report that takes a very different stance than most other cities that are looking at broadband issues. The city essentially rejects the normal demand-based commercial model for broadband and looks at a new structure that will bring broadband to everybody. The report is authored by the office of supervisor Mark Farrell and reflects some of the recommendations from the San Francisco Municipal Fiber Advisory Panel. The report very correctly observes that today's commercial broadband model leaves a lot of citizens without broadband. Numerous nationwide surveys have shown that the majority of households without broadband access today feel they cannot afford the market prices for service. So the San Francisco report recommends that the City institute a $26 per month fee on all households - with a higher fee on businesses - to help pay for broadband to everyone. They further recommend a public private partnership model to operate the business and assume that tiered pricing will still allow for profitability for a commercial partner. <snip> _______________________________________________ To manage your ISOC subscriptions or unsubscribe, please log into the ISOC Member Portal: https://portal.isoc.org/ Then choose Interests & Subscriptions from the My Account menu.

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Fwd: [AFRINIC-Announce] Call for Nominations for AFRINIC Board
by Mwendwa Kivuva 12 Apr '16

12 Apr '16

FYI ______________________ Mwendwa Kivuva, Nairobi, Kenya twitter.com/lordmwesh ---------- Forwarded message ---------- From: AFRINIC Communication <comm-announce(a)afrinic.net> Date: 12 April 2016 at 10:16 Subject: [AFRINIC-Announce] Call for Nominations for AFRINIC Board To: announce(a)afrinic.net Dear AFRINIC Member, NomCom2016 is please to announce that the AFRINIC Board Nomination process is open for the following seats: · Seat 1: Northern Africa (currently held by Haitham el Nakhal); · Seat 2: Western Africa (currently held by Sunday Folayan); · Seat 7: Non-geographical (currently held by Aminata Garba). - to serve a three-year term from July 2017 to June 2020. The Closure of the Candidate Nomination period is 20th April 2016 at 20:00 UTC. Please see details at: http://afrinic.net/en/library/news/1677-call-for-nominations-for-afrinic-bo… On behalf of NomCom 2016 _______________________________________________ Announce mailing list Announce(a)afrinic.net https://lists.afrinic.net/mailman/listinfo/announce

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Re: [kictanet] Bloggers and Social Media are not to blame for the Chase Bank crisis
by Wangari Kabiru 11 Apr '16

11 Apr '16

Happy Monday! I pray many have found their steps in the real world away from the social sphere even as this fiasco hits many of our families and institutions. Firstly, I wish to point out and assert that the BAKE Press Release might not be accurate. Even if attempting to prove that blogging/social media is a 'good guy' here, might be spreading an online falsehood which BAKE cites it is against by citing that no bloggers or social media users were beneficiaries. Unless the press release means that BAKE has already followed the food chain for the proceeds, has 100% verified that the cited direct beneficiaries are not/have not been bloggers in their own spheres and do not hold any social media presence - has verified with the individuals or the host companies. A tall order I suspect this would be! I would understand attempting to say social media as a tool did not go into the bank and cash out or make the leaders act as they might have or that the entity wasn't a direct participant. Secondly, the social media boasted and was largely credited for the Arab uprisings. The uprisings had many effects, many negative including loss of lives, economic turmoil, most of which is still felt today. Even in the midst of this, what was the social media given credits for? - Bringing democracy, 'giving the citizens a voice (platform)'. This means that groups of people may choose the side of the coin to glorify or cling to based on their interests. Thirdly, I would imagine that when the first cheque leaf was invented, some ingenious (yes, innovative) people deviced their own in the backstreets. Due to this, the real inventors had to go back and extra innovate measures to build confidence for verification of cheques. Social media is sitting in this space now and this cannot go on for too long. Where is the real, veri-checked, authentic information to be found? Even as you and I become sources of information in 'public journalism'. How to ascertain that the WApp press release or video message circulating as from CBK, from Chase Bank, from IG is for real or the real one. Please do not even refer to the official website...some may already have duplicates, diversions etc. This not addressed, the online space will continue to be viral yes, msema kweli to some, yet mostly viewed as venom ground, active users with many followers cited to be paid, thus shrouded with suspicion and this kills the confidence it should be breeding as a tool that is actually a sector. Yes, it gives Government agencies whose work is to govern and hold public interests a battle ground which CSOs will keep calling 'muzzling of freedoms'. Finally, it would be exciting to have a study done on the influence of social media on the financial services sector and most recent happenings. It would be great for the Central Bank of Kenya to run this from the government point. And since a meeting of minds on findings with CSOs may not happen at the onset, CSOs from the industry insider Kenya Bankers Association to internet champions ISOC KE, KICTANET, BAKE to consumer bodies COFEK may proactively run their own. As 'mattress banks' and 'maize granary banks' mushroom, definitely there has been an impact. Some lessons that may be leveraged upon, while others avoided or managed early. Have a well cushioned blessed week! Regards/Wangari On Apr 9, 2016 13:27, James Wamathai via kictanet <kictanet(a)lists.kictanet.or.ke> wrote: > > http://www.blog.bake.co.ke/2016/04/09/bloggers-and-social-media-are-not-to-… > > "The continuous and sustained efforts to blame bloggers for the financial turmoil at Chase Bank cannot continue unabated. A statement from the Central Bank of Kenya (CBK) blamed bloggers stating “Chase Bank Limited experienced liquidity difficulties, following inaccurate social media reports and the stepping aside of two of its directors.” > > Nothing can be further from the truth. Chase Bank was put under receivership on 7th April, 2016 for liquidity challenges due to lack of integrity by the management. None of the top directors; the Chairman and the Chief Executive are bloggers. No blogger or social media user was the recipient of the huge loans the directors and staff of the bank gave themselves, against banking regulations." > > > >

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Re: [kictanet] How much does a Kenyan Startup CEO earn?
by Paul Korir 11 Apr '16

11 Apr '16

Hi Ali, I struggled mightily to make sense of those slides. The graphs are not straightforward and quite often the conclusions are not correct. Was this to be taken seriously? With kind regards, Paul K Korir, PhD Ordnung muß sein > On 10 Apr 2016, at 16:32, kictanet-request(a)lists.kictanet.or.ke wrote: > > Send kictanet mailing list submissions to > kictanet(a)lists.kictanet.or.ke > > To subscribe or unsubscribe via the World Wide Web, visit > https://lists.kictanet.or.ke/mailman/listinfo/kictanet > or, via email, send a message with subject or body 'help' to > kictanet-request(a)lists.kictanet.or.ke > > You can reach the person managing the list at > kictanet-owner(a)lists.kictanet.or.ke > > When replying, please edit your Subject line so it is more specific > than "Re: Contents of kictanet digest..." > > > Today's Topics: > > 1. Re: Bloggers and Social Media are not to blame for the Chase > Bank crisis (James Kagwe) > 2. Re: How much does a Kenyan Startup CEO earn? (Ali Hussein) > > > ---------------------------------------------------------------------- > > Message: 1 > Date: Sun, 10 Apr 2016 15:34:08 +0300 > From: James Kagwe <kagwejg(a)gmail.com> > To: KICTAnet ICT Policy Discussions <kictanet(a)lists.kictanet.or.ke> > Cc: James Wamathai <jw(a)hapakenya.com> > Subject: Re: [kictanet] Bloggers and Social Media are not to blame for > the Chase Bank crisis > Message-ID: > <CAFSByeeJQ_=RTd7Q9C3=iT2Odhih3x9kKDWeTqaZmXyP-YWyMw(a)mail.gmail.com> > Content-Type: text/plain; charset="utf-8" > > I think people should embrace social media rather than complain about it. > Social media is part of us and nobody has control regrading what it will > spew out there the next minute. I can only compare it to a natural > phenomena like earthquake. > > What organisations need to do is put their act together because we are now > in the days foretold by the good book when "everything hidden will come out > to light" > > Rgds, > James Kagwe > On Apr 9, 2016 1:28 PM, "James Wamathai via kictanet" < > kictanet(a)lists.kictanet.or.ke> wrote: > > http://www.blog.bake.co.ke/2016/04/09/bloggers-and-social-media-are-not-to-… > > "The continuous and sustained efforts to blame bloggers for the financial > turmoil at Chase Bank cannot continue unabated. A statement from the > Central Bank of Kenya (CBK) blamed bloggers stating ?Chase Bank Limited > experienced liquidity difficulties, following inaccurate social media > reports and the stepping aside of two of its directors.? > > Nothing can be further from the truth. Chase Bank was put under > receivership on 7th April, 2016 for liquidity challenges due to lack of > integrity by the management. None of the top directors; the Chairman and > the Chief Executive are bloggers. No blogger or social media user was the > recipient of the huge loans the directors and staff of the bank gave > themselves, against banking regulations." > > > > > > _______________________________________________ > kictanet mailing list > kictanet(a)lists.kictanet.or.ke > https://lists.kictanet.or.ke/mailman/listinfo/kictanet > > Unsubscribe or change your options at > https://lists.kictanet.or.ke/mailman/options/kictanet/kagwejg%40gmail.com > > The Kenya ICT Action Network (KICTANet) is a multi-stakeholder platform for > people and institutions interested and involved in ICT policy and > regulation. The network aims to act as a catalyst for reform in the ICT > sector in support of the national aim of ICT enabled growth and development. > > KICTANetiquette : Adhere to the same standards of acceptable behaviors > online that you follow in real life: respect people's times and bandwidth, > share knowledge, don't flame or abuse or personalize, respect privacy, do > not spam, do not market your wares or qualifications. >

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CEO Salary Survey Results
by Ali Hussein 10 Apr '16

10 Apr '16

All Here are the results:- https://docs.google.com/presentation/d/1U4I7plXLLeKT3o2fOjD84j2Nb2i-PMeXuZn… Ali Hussein Principal Hussein & Associates +254 0713 601113 / 0770906375 Twitter: @AliHKassim Skype: abu-jomo LinkedIn: http://ke.linkedin.com/in/alihkassim "Discovery consists in seeing what everyone else has seen and thinking what no one else has thought". ~ Albert Szent-Györgyi Sent from my iPad

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How much does a Kenyan Startup CEO earn?
by Ali Hussein 10 Apr '16

10 Apr '16

Listers How much does a Kenyan Startup CEO earn? Join the Survey, #KenyanStartupCEO https://t.co/tEkcJNunxO Interesting discussions going on in one of the Ke Entrepreneurs Whatsapp Groups. The gist of the discussion is this:- Do Kenyan Expat or migrant Start CEOs earn more than their Kenyan counterparts? The discussions since yesterday have been heated and sometimes downright, albeit veiled, hostile towards the so called expat/migrant CEOs with some claiming that they earn more because of...you can fill in the blanks. However without empirical data these are just assumptions. Are you a founder CEO hustling in the Kenyan Startup Scene? Join the conversation by filling in the form below and sambaza it far and wide. https://t.co/tEkcJNunxO This is part of building our ecosystem and ensuring that we become a global force in Tech Space. This may mean that we open (really open) our doors to a global workforce. If done well without insinuations and a veiled hostility towards our compatriots flocking into Kenya then we can truly become the Silicon Savanna we strive to be - with or without the Real Estate Infrastructure that is currently being built at the Konza Technopolis. Can I feel the traditional Kenyan Hospitality oozing out? Ali Hussein Tel: +254 713 601113

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Re: [kictanet] Bloggers and Social Media are not to blame for the Chase Bank crisis
by James Kagwe 10 Apr '16

10 Apr '16

I think people should embrace social media rather than complain about it. Social media is part of us and nobody has control regrading what it will spew out there the next minute. I can only compare it to a natural phenomena like earthquake. What organisations need to do is put their act together because we are now in the days foretold by the good book when "everything hidden will come out to light" Rgds, James Kagwe On Apr 9, 2016 1:28 PM, "James Wamathai via kictanet" < kictanet(a)lists.kictanet.or.ke> wrote: http://www.blog.bake.co.ke/2016/04/09/bloggers-and-social-media-are-not-to-… "The continuous and sustained efforts to blame bloggers for the financial turmoil at Chase Bank cannot continue unabated. A statement from the Central Bank of Kenya (CBK) blamed bloggers stating “Chase Bank Limited experienced liquidity difficulties, following inaccurate social media reports and the stepping aside of two of its directors.” Nothing can be further from the truth. Chase Bank was put under receivership on 7th April, 2016 for liquidity challenges due to lack of integrity by the management. None of the top directors; the Chairman and the Chief Executive are bloggers. No blogger or social media user was the recipient of the huge loans the directors and staff of the bank gave themselves, against banking regulations." _______________________________________________ kictanet mailing list kictanet(a)lists.kictanet.or.ke https://lists.kictanet.or.ke/mailman/listinfo/kictanet Unsubscribe or change your options at https://lists.kictanet.or.ke/mailman/options/kictanet/kagwejg%40gmail.com The Kenya ICT Action Network (KICTANet) is a multi-stakeholder platform for people and institutions interested and involved in ICT policy and regulation. The network aims to act as a catalyst for reform in the ICT sector in support of the national aim of ICT enabled growth and development. KICTANetiquette : Adhere to the same standards of acceptable behaviors online that you follow in real life: respect people's times and bandwidth, share knowledge, don't flame or abuse or personalize, respect privacy, do not spam, do not market your wares or qualifications.

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Bloggers and Social Media are not to blame for the Chase Bank crisis
by James Wamathai 10 Apr '16

10 Apr '16

http://www.blog.bake.co.ke/2016/04/09/bloggers-and-social-media-are-not-to-… "The continuous and sustained efforts to blame bloggers for the financial turmoil at Chase Bank cannot continue unabated. A statement from the Central Bank of Kenya (CBK) blamed bloggers stating “Chase Bank Limited experienced liquidity difficulties, following inaccurate social media reports and the stepping aside of two of its directors.” Nothing can be further from the truth. Chase Bank was put under receivership on 7th April, 2016 for liquidity challenges due to lack of integrity by the management. None of the top directors; the Chairman and the Chief Executive are bloggers. No blogger or social media user was the recipient of the huge loans the directors and staff of the bank gave themselves, against banking regulations."

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