@Brian and all Unfortunately I concur. @Philip You must have a reason to make the statement you made. Care to elaborate? Regards *Ali Hussein* *CEO, 3mice interactive media ltd* *Partner, Telemedia Africa Ltd * Tel: +254713601113 Twitter: @AliHKassim Skype: abu-jomo LinkedIn: http://ke.linkedin.com/in/alihkassim<http://ke.linkedin.com/in/alihkassim> Blog: www.alyhussein.com Any information of a personal nature expressed in this email are purely mine and do not necessarily reflect the official positions of the organizations that I work with. On Wed, Aug 28, 2013 at 7:20 PM, John Kariuki < [email protected]> wrote:
Brian, Listers, It is,in my considered view,not bitter medicine.It is the right thing to do!
John Kariuki
------------------------------ *From:* Brian Munyao Longwe <[email protected]> *To:* [email protected] *Cc:* KICTAnet ICT Policy Discussions <[email protected]> *Sent:* Wednesday, 28 August 2013, 14:54 *Subject:* Re: [kictanet] How much is Telkom Kenya really worth? MPs say Kenya lost Sh30bn in Telkom deal
Hi Ali,
This is a complex argument with many sides.
In my honest opinion I think Kenya should do what Rwanda did. Take the bitter medicine and kick out the "strategic investors" who continue to bleed the company with expensive expatriate salaries, fat expense accounts, exorbitant "management fees" and poor decision making and look for local solutions. As it is, the investors have failed miserably to deliver on the promises that won them the deal in the first place.
Read more about Rwanda's experiences here: http://en.igihe.com/news/the-collapse-of-rwandatel-what-went-wrong
Best regards,
Brian
On Wed, Aug 28, 2013 at 4:55 AM, Ali Hussein <[email protected]> wrote:
Listers
The Telkom Kenya saga continues to 'fascinate'
http://www.businessdailyafrica.com/MPs+say+Kenya+lost+Sh30+billion+in+Telkom...
Should the government continue to throw good money after bad? Or should we cut our losses and let management/new owners sort out the mess?
What are these strategic assets that continue to remain in Telkom Kenya?
My take is that the government is doing the right thing by stopping to send more money to the hemorrhaging former giant.
Ali Hussein CEO | 3mice interactive media Ltd Principal | Telemedia Africa Ltd
+254 713 601113/ 0770 906375
"The future belongs to him who knows how to wait." - Russian Proverb
Sent from my iPad
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