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: kictanet-bounces+skisonzo=gmail.com@lists.kictanet.or.ke
[mailto:kictanet-bounces+skisonzo=gmail.com@lists.kictanet.or.ke] On Behalf
Of Brian Longwe
Sent: 03 July 2008 09:10
To: skisonzo@gmail.com
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 <alex.gakuru@yahoo.com> wrote:
Did the pipeline matter end to cast the first stone?
--- On Wed, 7/2/08, Shem Ochuodho <shemochuodho@yahoo.com>
wrote:
> From: Shem Ochuodho <shemochuodho@yahoo.com>
> Subject: Re: [kictanet] Fwd: Bulk of KenyanWealth Owned
by Foreigners
> To: alex.gakuru@yahoo.com
> Cc: "KICTAnet ICT Policy Discussions" <kictanet@lists.kictanet.or.ke>
> 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
> <kiriinya2000@yahoo.com>
wrote:
>
> From: wesley kiriinya <kiriinya2000@yahoo.com>
> Subject: Re: [kictanet] {Disarmed} Re: [NewVisionKenya]
> Fwd: [africa-oped] Bulk of KenyanWealth Owned by Foreigners
> To: "Shem Ochuodho"
> <shemochuodho@yahoo.com>
> Cc: "KICTAnet ICT Policy Discussions"
> <kictanet@lists.kictanet.or.ke>
> 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, bitange@jambo.co.ke
> <bitange@jambo.co.ke>
wrote:
>
> From: bitange@jambo.co.ke <bitange@jambo.co.ke>
> Subject: Re: [kictanet] {Disarmed} Re: [NewVisionKenya]
> Fwd: [africa-oped] Bulk of KenyanWealth Owned by Foreigners
> To: kiriinya2000@yahoo.com
> Cc: "Kazi Afrika"
> <kaziafrika@googlegroups.com>,
"KICTAnet ICT
> Policy Discussions"
> <kictanet@lists.kictanet.or.ke>
> 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 BlackBerry®
>
> -----Original Message-----
> From: Shem Ochuodho
> <shemochuodho@yahoo.com>
>
> Date: Fri, 20 Jun 2008 07:05:27
> To: <bitange@jambo.co.ke>
> Cc: Kazi Afrika<kaziafrika@googlegroups.com>;
> KICTAnet ICT Policy
> Discussions<kictanet@lists.kictanet.or.ke>
> Subject: {Disarmed} Re: [kictanet] [NewVisionKenya] Fwd:
> [africa-oped] Bulk of
> Kenyan
> Wealth Owned by Foreigners
>
>
> _______________________________________________
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--
Brian Munyao Longwe
e-mail: blongwe@gmail.com
cell: + 254 722 518 744
blog : http://zinjlog.blogspot.com
meta-blog: http://mashilingi.blogspot.com