Guess where Kokubo's next posting will be? Robert Yawe KAY System Technologies Ltd Phoenix House, 6th Floor P O Box 55806 Nairobi, 00200 Kenya Tel: +254722511225, +254202010696 ________________________________ From: robert yawe <robertyawe@yahoo.co.uk> To: robertyawe@yahoo.co.uk Cc: KICTAnet ICT Policy Discussions <kictanet@lists.kictanet.or.ke> Sent: Thursday, 9 June 2011, 10:06 Subject: [kictanet] Commodity Exchange System - Revisited Hi Listers, About 9 month ago (human gestation period) I mentioned the need for developers to start looking into the development of a futures exchange system and as always is with the village madman I was dismissed. On Wednesday 8th June 2011 the Capital Markets Authority advertised for a futures exchange system, rfp is open to both international and local vendors. Regards Hi, The National Cereals and Produce Board together with the East African Grain Council are working towards the creation of a commodity exchange to trade futures. This process is at an advanced stage which begun with a process called warehouse receipting and currently Equity Bank offers credit against the receipts. What does this have to do with us in the IT field? When the Nairobi Stock Exchange tendered for the automated trading system (ATS) and more recently for the Broker Back-office System no local IT company made it past the 1st round. The fact that companies like Virtual City are winning international awards for systems development and others like PesaPal are receiving large direct foreign investments means that we do have the skills to develop world class solutions. This is an appeal to all ICT experts in the country to prepare ourselves to make sure that the grain exchange system is locally developed and we stop being spectators in our own country. I know it is said that a prophet is never recognised in his own town, it is time we made this phrase redundant. NCPB and others are already shopping overseas for a solution so be warned that time is not in our hands and if we are to have an impact we need to move quickly. The proposed system is supposed to provide a trading platform, depository system, GIS for land information, settlement system, warehouse management, weather monitoring and seed planting information system (acreage, seed type, fertiliser, etc). Lets get off our high horses and put a together a world class solution for a local problem. No tears after the horse has bolted. Useful links http://dn.nationmedia.com/DN/DN/2010/09/03/ArticleHtmls/03_09_2010_030_014.s... http://allafrica.com/stories/200904271171.html http://www.ratin.net/mainfeature.asp?id=40 http://www.monitor.co.ug/Business/Smart%20Money/-/688614/899436/-/bypmdxz/-/... http://www.unctad.info/upload/SUC/LusakaWorkshop/WarehouseServicesKenya.pdf Robert Yawe KAY System Technologies Ltd Phoenix House, 6th Floor P O Box 55806 Nairobi, 00200 Kenya Tel: +254722511225, +254202010696 _______________________________________________ kictanet mailing list kictanet@lists.kictanet.or.ke http://lists.kictanet.or.ke/mailman/listinfo/kictanet This message was sent to: robertyawe@yahoo.co.uk Unsubscribe or change your options at http://lists.kictanet.or.ke/mailman/options/kictanet/robertyawe%40yahoo.co.u... _______________________________________________ kictanet mailing list kictanet@lists.kictanet.or.ke http://lists.kictanet.or.ke/mailman/listinfo/kictanet Unsubscribe or change your options at http://lists.kictanet.or.ke/mailman/options/kictanet/robertyawe%40yahoo.co.u... 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.