Just my two pennies worth here. Kenya is not an Island that it can survive on its own even through local investment. Most times we dont have the funds. I do agree though about the Government and banks not supporting local investors with loans etc. They must start giving them the opportunity to setup local expertise and turn them in money making ventures, if only they wouldn't fleece their own companies. Even America, the giant needs investors!!! You all have a valid point but use it for the best interests of Kenya and its people first and foremost. Not just self interest for the few. And by the way Kenyans come in all shapes, sizes, COLOURS, and creed. So please don't generalise who is kenyan and who is not!!! Kencall directors and owners are Kenyan and not outsiders if I understand correctly. When we are taxed whether individually or coorporately, the money is used for Kenya and Kenyans and not for outsiders who invested! Forcing local partnership in foreign owned companies has its negative and positive effects. This needs to be look at more seriously to make it a win-win situation. It has been known in the past that foreign investors with forced local partnership have been subjected to threats and intimidation by the local partners when they wanted more than their fare share, (given to them mind you). Thus the weariness o of being forced now. This does not attract any investor. But the foreigners should not fleece the country either! Let us have some constructive critisism without being racially inclined. Fight to make things right no matter what but without pinpointing nationalities or colours of people. On 10/7/08, John Maina <j.maina@ymail.com> wrote:
http://www.wananchiforums.com/showthread.php?p=3150#poest3150
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