Safaricom IPO Certified Urgent
Ladies/Gentlemen, Investors appetite has been whetted for a long time now over Safaricom IPO with local hustlers putting in investment to benefit from this gigantic IPO. But when all signs read 'full steam ahead', an obstacle crops up. We do not need to decide the merits/demerits of the appeal but the setting up of the Privatisation Act should not compromise ICT initiatives in Kenya. I think the politicians have their space in this but a neutral force should also come out to clearly spell that 'ICT Iko na Wenyewe'. I have read somewhere in the dailies where one party argues that should the court stop the IPO then people will be refunded their investment whilst the opposite argues that it will not be possible. Why are we letting these neophytes compromise our industry and the future ICT IPOs to come?? Kictanet ought to transform into an ICT watchdog in Kenya following the same vein as the Kenya National Commission on Human Rights. In fact we ought to be contemplating how we can get this lobby group entrenched into a commission. I think I would love to see a paid advertisement from Kictanet....not taking sides...but clearly defining why such ICT ventures should not be politicized and why politicians need to GO SLOW when they venture into our territory. They need to consult with 'us' [read ICT stakeholders] before jeopardizing our efforts and know that we should not be hurt by their selfish interests. My entire savings!! -- Bildad Kagai MD - MediaCorp Limited Nairobi Stock Exchange [NSE] - Authorised Information Vendor Suite B2 Tetu Apartments StateHouse Avenue P. O. Box 20311-00200 Tel. 254 20 272 8332 Fax. Rendered Obsolete URL. www.mediacorpafrica.com --
participants (1)
-
Bill Kagai