On 10/15/07, <b class="gmail_sendername">Brian Longwe</b> &lt;<a href="mailto:brian@isisweb.nl">brian@isisweb.nl</a>&gt; wrote:<div><span class="gmail_quote"></span><blockquote class="gmail_quote" style="border-left: 1px solid rgb(204, 204, 204); margin: 0pt 0pt 0pt 0.8ex; padding-left: 1ex;">
<div style=""><br><div><span class="q"></span><div>I repeat&nbsp; - we have a problem with corporate governance in our NSE.</div></div></div></blockquote><div><br>That I agree chief....but to me, the challenge is deeper than that and actually falls within the parameters of this discussion...Look at it this way...
<br><br>1. The regulator still insists on hard copy registration to open a CDSC account. I agree this has value but there is no effort by the regulator in digitising this procedure.<br><br>2. Pundits are estimating that may be 3-4 million new investors might be attracted by Safaricom IPO with a significant number from what you might call the base of the pyramid...meaning they do not have bank accounts. Will these guys be forced to have bank accounts as a pre-requisite to participation, getting paid their dividends etc...when the regulators are completely silent on mobile money being heralded today by mobile phone operators??
<br><br>I think when discussing e-content expected from regulators, it should be &#39;all encompassing&#39; and malleable enough to change to the new technology that is being adopted and being embraced fully by the public. Its a whole new world out there...waiting to be opened...
<br><br>Bill<br></div><br></div>