I cannot agree with you any less. No one has talked of de-registering the professionals who did the valuation for CBK! I think the politicians, just like some others, are attaching value to the big name called 'Grand Regency' as opposed to the business. Does anyone know of established systems that can be employed in valuations? From: [email protected] [mailto:[email protected]] On Behalf Of Brian Longwe Sent: 03 July 2008 09:10 To: [email protected] Cc: KICTAnet ICT Policy Discussions Subject: Re: [kictanet] Fwd: Bulk of KenyanWealth Owned by Foreigners I think the article in the Business Daily today (pg 10-11) makes a lot of sense. The valuations for Grand Regency that are being bandied about by the politicos are completely off. Considering that the the Lonrho Group of hotels (5 different distinct units) - consisting of The Norfolk, Mt Kenya Safari Club, The Ark, Aberdare Country Club and Mara Safari Club - we *all* sold for a total of Kshs. 2billion. Getting 3.1 billion (or 2.9B after forex issues) is quite a steal for Grand Regency. We are clearly witnessing a witchhunt over here .... nevertheless with great power comes great responsibility.... time will tell B On Thu, Jul 3, 2008 at 7:58 AM, Alex Gakuru <[email protected]> wrote: Did the pipeline matter end to cast the first stone? --- On Wed, 7/2/08, Shem Ochuodho <[email protected]> wrote:
From: Shem Ochuodho <[email protected]>
Subject: Re: [kictanet] Fwd: Bulk of KenyanWealth Owned by Foreigners To: [email protected]
Cc: "KICTAnet ICT Policy Discussions" <[email protected]>
Date: Wednesday, July 2, 2008, 8:30 AM
I hope PS Ndemo is/has been watching the proceedings in Parliament (re Hon. Kimunya Censor Debate re Grand Regency, Safaricom IPO, Telkom Kenya, etc!!!).
Shem
--- On Sun, 6/29/08, wesley kiriinya <[email protected]> wrote:
From: wesley kiriinya <[email protected]> Subject: Re: [kictanet] {Disarmed} Re: [NewVisionKenya] Fwd: [africa-oped] Bulk of KenyanWealth Owned by Foreigners To: "Shem Ochuodho" <[email protected]> Cc: "KICTAnet ICT Policy Discussions" <[email protected]> Date: Sunday, June 29, 2008, 8:30 AM
"...Way forward, mobilize resources the Transcentury way and buy out all that which is owned by foreiners. They did not steal what they own. They simply caught us napping."
Mmmhhh makes me wonder about this Grand Regency thing. And many other things.
--- On Sun, 6/22/08, [email protected] <[email protected]> wrote:
From: [email protected] <[email protected]> Subject: Re: [kictanet] {Disarmed} Re: [NewVisionKenya] Fwd: [africa-oped] Bulk of KenyanWealth Owned by Foreigners To: [email protected] Cc: "Kazi Afrika" <[email protected]>, "KICTAnet ICT Policy Discussions" <[email protected]> Date: Sunday, June 22, 2008, 11:01 AM
Although in telcom sector the law requiores local partnership, what the research is telling us is not a problem but an opportunity that we must take advantage of. The Tea estates referred to here have changed hands several times. It is therefore imperative that when they float them, we shall mobilize resources to buy them out.
It is not enough to complain and leave the issue to die. There is need to educate our people that in a capitalist economy, there are exit routs to pride ourselves with ownweship of our properties. Some advamced countries own far less than 31 percent of their assets.
We are fortunate that the investment bug has hit Kenya if Safaricom IPO is anything to go by. Unless we want to radically change our economic orientation with respect to ownership, which I know it is not possible, there is nothing to fuss about.
Way forward, mobilize resources the Transcentury way and buy out all that which is owned by foreiners. They did not steal what they own. They simply caught us napping.
Ndemo
Sent from my BlackBerryR
-----Original Message----- From: Shem Ochuodho <[email protected]>
Date: Fri, 20 Jun 2008 07:05:27 To: <[email protected]> Cc: Kazi Afrika<[email protected]>; KICTAnet ICT Policy Discussions<[email protected]> Subject: {Disarmed} Re: [kictanet] [NewVisionKenya] Fwd: [africa-oped] Bulk of Kenyan Wealth Owned by Foreigners
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http://lists.kictanet.or.ke/mailman/options/kictanet/alex.gakuru%40yahoo.com _______________________________________________ kictanet mailing list [email protected] http://lists.kictanet.or.ke/mailman/listinfo/kictanet This message was sent to: [email protected] Unsubscribe or change your options at http://lists.kictanet.or.ke/mailman/options/kictanet/blongwe%40gmail.com -- Brian Munyao Longwe e-mail: [email protected] cell: + 254 722 518 744 blog : http://zinjlog.blogspot.com meta-blog: http://mashilingi.blogspot.com