Re: [kictanet] Fwd: PS Ndemo, ECONET Scandal aand Vested Interests
Joe, UAE is an example of managed FDI that enhances economic growth while ensuring direct benefits for its local investors and citizens. They create incentives for international investors (and local investors too), but manage it to ensure direct local benefits that is largely skewed to local beneficiaries. In some cases, it's abit extreme (and encourages absentee/ghost investors), but in general ensures locals benefit. what would be helpful here is drawing on FDI research and best practice policies in this area to inform our debate and keep it civil. I believe KICTANET or other parties can support an exercise to quickly collate such knowledge to inform our discourse. I'm sure such body of knowledge exists. Edith
---- Original Message ---- From: [email protected] To: [email protected] Subject: Re: [kictanet] Fwd: PS Ndemo, ECONET Scandal aand Vested Interests Date: Wed, 15 Oct 2008 18:13:16 -0500
Edith,There are some useful lessons - but these lessons do not include:
1. How to give away your national treasures - like bandwidth - to foreign entities just because they say they can not do any business with local entrepreneurs. In fact I know this for a fact, you would never get a license to operate in UAE if this was your argument. Further to this lesson I would like to point to these additional countries that would laugh you out of town if you made that argument - US (some businesses like Airline, Military and Defense, Telecommunications (not ISP), Radio & TV), India, Singapore, Malaysia, Taiwan, Hong Kong, China, the whole of Middle East, South Africa, Japan (especially Japan)
2. How not be conned. Kenya seems to heading there with its eyes opened. When a man approaches a woman, it would be a very stupid woman, who knowing what a man is capable of, to accept the BS that the man is feeding her. And if she does then she deserves what she gets. Kenya will get what it deserves and very soon. A good example is Russia and its oligarchs - all members of the Forbes Richest.
3. Great leadership is necessary to grow a country. A leadership with intestinal fortitude to say no under pressure. Top to bottom,
4. That the local mwananchi can invest in their own country and manage its growth
5. That a great nation looks upon its diaspora to grow it - a la Israel and India
6. That a great nation does not wait to be raped twice - We seem to be following a process that will guarantee our raping despite how Kenyan some members of this committee think they are. Its just a matter of time before they pick up their bags and leave. I really do not think that as a national planner I should be putting my eggs in that basket.
Joe
On Wed, Oct 15, 2008 at 4:55 PM, <[email protected]> wrote:
Anyone has taken the time to thoroughly study the secret behind Dubai's tremendous growth? (U.A.E in general). There are some useful lessons!
---- Original Message ---- From: [email protected] To: [email protected] Subject: Re: [kictanet] Fwd: PS Ndemo, ECONET Scandal aand
Interests Date: Wed, 15 Oct 2008 09:03:50 -0700 (PDT)
Lizette
I think that you have racially inclined your mind.
When did KENCALL directors become Kenyans? After getting good friends to bribe their way to this country. And let me tell you
the money the so called investors are using are Kenyan money not money from foreign banks.
They have come and borrowed from Kenyan banks. How much does the
most profitable telecomms companies leave in this country, very small amount. We have Telecomms companies which are on their marks. They have very inferior systems and dont actually deliver in service but make billions and run away with the billions.
Dada Lizette, we know that there are Kenyans who are white,
black coloured and all but know that I am a mixed race Kenyan and really sad when our brotehrs have to suffer because of bad policies from people like PS
JM
----- Original Message ---- From: Lizette Kraft <[email protected]> To: [email protected] Cc: KICTAnet ICT Policy Discussions
Sent: Tuesday, October 14, 2008 1:52:07 PM Subject: [kictanet] Fwd: PS Ndemo, ECONET Scandal aand Vested Interests
Just my two pennies worth here.
Kenya is not an Island that it can survive on its own even
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
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
Vested that through they their
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
fare share, (given to them mind you). Thus the weariness o pinpointing nationalities or colours of people.
On 10/7/08, John Maina <[email protected]> wrote: http://www.wananchiforums.com/showthread.php?p=3150#poest3150
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