Commodity Exchange System - Revisited
Hi Listers, About 9 month ago (human gestation period) I mentioned the need for developers to start looking into the development of a futures exchange system and as always is with the village madman I was dismissed. On Wednesday 8th June 2011 the Capital Markets Authority advertised for a futures exchange system, rfp is open to both international and local vendors. Regards Hi, The National Cereals and Produce Board together with the East African Grain Council are working towards the creation of a commodity exchange to trade futures. This process is at an advanced stage which begun with a process called warehouse receipting and currently Equity Bank offers credit against the receipts. What does this have to do with us in the IT field? When the Nairobi Stock Exchange tendered for the automated trading system (ATS) and more recently for the Broker Back-office System no local IT company made it past the 1st round. The fact that companies like Virtual City are winning international awards for systems development and others like PesaPal are receiving large direct foreign investments means that we do have the skills to develop world class solutions. This is an appeal to all ICT experts in the country to prepare ourselves to make sure that the grain exchange system is locally developed and we stop being spectators in our own country. I know it is said that a prophet is never recognised in his own town, it is time we made this phrase redundant. NCPB and others are already shopping overseas for a solution so be warned that time is not in our hands and if we are to have an impact we need to move quickly. The proposed system is supposed to provide a trading platform, depository system, GIS for land information, settlement system, warehouse management, weather monitoring and seed planting information system (acreage, seed type, fertiliser, etc). Lets get off our high horses and put a together a world class solution for a local problem. No tears after the horse has bolted. Useful links http://dn.nationmedia.com/DN/DN/2010/09/03/ArticleHtmls/03_09_2010_030_014.s... http://allafrica.com/stories/200904271171.html http://www.ratin.net/mainfeature.asp?id=40 http://www.monitor.co.ug/Business/Smart%20Money/-/688614/899436/-/bypmdxz/-/... http://www.unctad.info/upload/SUC/LusakaWorkshop/WarehouseServicesKenya.pdf Robert Yawe KAY System Technologies Ltd Phoenix House, 6th Floor P O Box 55806 Nairobi, 00200 Kenya Tel: +254722511225, +254202010696 _______________________________________________ kictanet mailing list kictanet@lists.kictanet.or.ke http://lists.kictanet.or.ke/mailman/listinfo/kictanet This message was sent to: robertyawe@yahoo.co.uk Unsubscribe or change your options at http://lists.kictanet.or.ke/mailman/options/kictanet/robertyawe%40yahoo.co.u...
Guess where Kokubo's next posting will be? Robert Yawe KAY System Technologies Ltd Phoenix House, 6th Floor P O Box 55806 Nairobi, 00200 Kenya Tel: +254722511225, +254202010696 ________________________________ From: robert yawe <robertyawe@yahoo.co.uk> To: robertyawe@yahoo.co.uk Cc: KICTAnet ICT Policy Discussions <kictanet@lists.kictanet.or.ke> Sent: Thursday, 9 June 2011, 10:06 Subject: [kictanet] Commodity Exchange System - Revisited Hi Listers, About 9 month ago (human gestation period) I mentioned the need for developers to start looking into the development of a futures exchange system and as always is with the village madman I was dismissed. On Wednesday 8th June 2011 the Capital Markets Authority advertised for a futures exchange system, rfp is open to both international and local vendors. Regards Hi, The National Cereals and Produce Board together with the East African Grain Council are working towards the creation of a commodity exchange to trade futures. This process is at an advanced stage which begun with a process called warehouse receipting and currently Equity Bank offers credit against the receipts. What does this have to do with us in the IT field? When the Nairobi Stock Exchange tendered for the automated trading system (ATS) and more recently for the Broker Back-office System no local IT company made it past the 1st round. The fact that companies like Virtual City are winning international awards for systems development and others like PesaPal are receiving large direct foreign investments means that we do have the skills to develop world class solutions. This is an appeal to all ICT experts in the country to prepare ourselves to make sure that the grain exchange system is locally developed and we stop being spectators in our own country. I know it is said that a prophet is never recognised in his own town, it is time we made this phrase redundant. NCPB and others are already shopping overseas for a solution so be warned that time is not in our hands and if we are to have an impact we need to move quickly. The proposed system is supposed to provide a trading platform, depository system, GIS for land information, settlement system, warehouse management, weather monitoring and seed planting information system (acreage, seed type, fertiliser, etc). Lets get off our high horses and put a together a world class solution for a local problem. No tears after the horse has bolted. Useful links http://dn.nationmedia.com/DN/DN/2010/09/03/ArticleHtmls/03_09_2010_030_014.s... http://allafrica.com/stories/200904271171.html http://www.ratin.net/mainfeature.asp?id=40 http://www.monitor.co.ug/Business/Smart%20Money/-/688614/899436/-/bypmdxz/-/... http://www.unctad.info/upload/SUC/LusakaWorkshop/WarehouseServicesKenya.pdf Robert Yawe KAY System Technologies Ltd Phoenix House, 6th Floor P O Box 55806 Nairobi, 00200 Kenya Tel: +254722511225, +254202010696 _______________________________________________ kictanet mailing list kictanet@lists.kictanet.or.ke http://lists.kictanet.or.ke/mailman/listinfo/kictanet This message was sent to: robertyawe@yahoo.co.uk Unsubscribe or change your options at http://lists.kictanet.or.ke/mailman/options/kictanet/robertyawe%40yahoo.co.u... _______________________________________________ kictanet mailing list kictanet@lists.kictanet.or.ke http://lists.kictanet.or.ke/mailman/listinfo/kictanet Unsubscribe or change your options at http://lists.kictanet.or.ke/mailman/options/kictanet/robertyawe%40yahoo.co.u... The Kenya ICT Action Network (KICTANet) is a multi-stakeholder platform for people and institutions interested and involved in ICT policy and regulation. The network aims to act as a catalyst for reform in the ICT sector in support of the national aim of ICT enabled growth and development. KICTANetiquette : Adhere to the same standards of acceptable behaviors online that you follow in real life: respect people's times and bandwidth, share knowledge, don't flame or abuse or personalize, respect privacy, do not spam, do not market your wares or qualifications.
Guess where Kokubo's next posting will be? Robert Yawe KAY System Technologies Ltd Phoenix House, 6th Floor P O Box 55806 Nairobi, 00200 Kenya Tel: +254722511225, +254202010696 ________________________________ From: robert yawe <robertyawe@yahoo.co.uk> To: robertyawe@yahoo.co.uk Cc: KICTAnet ICT Policy Discussions <kictanet@lists.kictanet.or.ke> Sent: Thursday, 9 June 2011, 10:06 Subject: [kictanet] Commodity Exchange System - Revisited Hi Listers, About 9 month ago (human gestation period) I mentioned the need for developers to start looking into the development of a futures exchange system and as always is with the village madman I was dismissed. On Wednesday 8th June 2011 the Capital Markets Authority advertised for a futures exchange system, rfp is open to both international and local vendors. Regards Hi, The National Cereals and Produce Board together with the East African Grain Council are working towards the creation of a commodity exchange to trade futures. This process is at an advanced stage which begun with a process called warehouse receipting and currently Equity Bank offers credit against the receipts. What does this have to do with us in the IT field? When the Nairobi Stock Exchange tendered for the automated trading system (ATS) and more recently for the Broker Back-office System no local IT company made it past the 1st round. The fact that companies like Virtual City are winning international awards for systems development and others like PesaPal are receiving large direct foreign investments means that we do have the skills to develop world class solutions. This is an appeal to all ICT experts in the country to prepare ourselves to make sure that the grain exchange system is locally developed and we stop being spectators in our own country. I know it is said that a prophet is never recognised in his own town, it is time we made this phrase redundant. NCPB and others are already shopping overseas for a solution so be warned that time is not in our hands and if we are to have an impact we need to move quickly. The proposed system is supposed to provide a trading platform, depository system, GIS for land information, settlement system, warehouse management, weather monitoring and seed planting information system (acreage, seed type, fertiliser, etc). Lets get off our high horses and put a together a world class solution for a local problem. No tears after the horse has bolted. Useful links http://dn.nationmedia.com/DN/DN/2010/09/03/ArticleHtmls/03_09_2010_030_014.s... http://allafrica.com/stories/200904271171.html http://www.ratin.net/mainfeature.asp?id=40 http://www.monitor.co.ug/Business/Smart%20Money/-/688614/899436/-/bypmdxz/-/... http://www.unctad.info/upload/SUC/LusakaWorkshop/WarehouseServicesKenya.pdf Robert Yawe KAY System Technologies Ltd Phoenix House, 6th Floor P O Box 55806 Nairobi, 00200 Kenya Tel: +254722511225, +254202010696 _______________________________________________ kictanet mailing list kictanet@lists.kictanet.or.ke http://lists.kictanet.or.ke/mailman/listinfo/kictanet This message was sent to: robertyawe@yahoo.co.uk Unsubscribe or change your options at http://lists.kictanet.or.ke/mailman/options/kictanet/robertyawe%40yahoo.co.u... _______________________________________________ kictanet mailing list kictanet@lists.kictanet.or.ke http://lists.kictanet.or.ke/mailman/listinfo/kictanet Unsubscribe or change your options at http://lists.kictanet.or.ke/mailman/options/kictanet/robertyawe%40yahoo.co.u... The Kenya ICT Action Network (KICTANet) is a multi-stakeholder platform for people and institutions interested and involved in ICT policy and regulation. The network aims to act as a catalyst for reform in the ICT sector in support of the national aim of ICT enabled growth and development. KICTANetiquette : Adhere to the same standards of acceptable behaviors online that you follow in real life: respect people's times and bandwidth, share knowledge, don't flame or abuse or personalize, respect privacy, do not spam, do not market your wares or qualifications.
Robert Guess that horse did bolt..You know sometimes we are victims of our own trumpet blowing and thinking that we are the cream of the African Tech Space..May be we are but the fact is that we are not competing in the African space we are competing in the global space. A few days ago Dr.Ndemo alluded to the fact that we need to move beyond rhetoric on the list and actually do something about what is discussed here. Otherwise we will be confined to the dark spaces where critics reside without showing anything for it but rims and reels (bytes) of content about what others have done and have not done... A little bird told me that the investors of the East Africa Commodity Exchange did try to set up in Kenya but they found Rwanda more attractive. It is possible that the system is probably already built. It is also possible that the system isn't done. May be Paul can be in a better position to tell us. Robert, I found your email thread below very prophetic..Interesting how the power of retrospection can open up our eyes...What I also find interesting is that the founders of this exchange chose to set up in Rwanda but chose a Kenyan as its first CEO.. Learnings...Cup half full? instead of half empty? My two cents *Ali Hussein* *CEO, 3mice interactive media ltd* *Partner, Telemedia Africa Ltd * Twitter: @AliHKassim Skype: abu-jomo LinkedIn: http://ke.linkedin.com/in/alihkassim<http://ke.linkedin.com/in/alihkassim> Blog: www.alyhussein.com On Wed, Feb 20, 2013 at 12:52 PM, robert yawe <robertyawe@yahoo.co.uk>wrote:
Guess where Kokubo's next posting will be?
Robert Yawe KAY System Technologies Ltd Phoenix House, 6th Floor P O Box 55806 Nairobi, 00200 Kenya
Tel: +254722511225, +254202010696 ------------------------------ *From:* robert yawe <robertyawe@yahoo.co.uk> *To:* robertyawe@yahoo.co.uk *Cc:* KICTAnet ICT Policy Discussions <kictanet@lists.kictanet.or.ke> *Sent:* Thursday, 9 June 2011, 10:06 *Subject:* [kictanet] Commodity Exchange System - Revisited
Hi Listers,
About 9 month ago (human gestation period) I mentioned the need for developers to start looking into the development of a futures exchange system and as always is with the village madman I was dismissed.
On Wednesday 8th June 2011 the Capital Markets Authority advertised for a futures exchange system, rfp is open to both international and local vendors.
Regards
Hi,
The National Cereals and Produce Board together with the East African Grain Council are working towards the creation of a commodity exchange to trade futures.
This process is at an advanced stage which begun with a process called warehouse receipting and currently Equity Bank offers credit against the receipts.
What does this have to do with us in the IT field? When the Nairobi Stock Exchange tendered for the automated trading system (ATS) and more recently for the Broker Back-office System no local IT company made it past the 1st round.
The fact that companies like Virtual City are winning international awards for systems development and others like PesaPal are receiving large direct foreign investments means that we do have the skills to develop world class solutions.
This is an appeal to all ICT experts in the country to prepare ourselves to make sure that the grain exchange system is locally developed and we stop being spectators in our own country. I know it is said that a prophet is never recognised in his own town, it is time we made this phrase redundant.
NCPB and others are already shopping overseas for a solution so be warned that time is not in our hands and if we are to have an impact we need to move quickly.
The proposed system is supposed to provide a trading platform, depository system, GIS for land information, settlement system, warehouse management, weather monitoring and seed planting information system (acreage, seed type, fertiliser, etc).
Lets get off our high horses and put a together a world class solution for a local problem. No tears after the horse has bolted.
Useful links
http://dn.nationmedia.com/DN/DN/2010/09/03/ArticleHtmls/03_09_2010_030_014.s... http://allafrica.com/stories/200904271171.html <http://allafrica.com/stories/200904271171.html> http://www.ratin.net/mainfeature.asp?id=40 <http://www.ratin.net/mainfeature.asp?id=40> http://www.monitor.co.ug/Business/Smart%20Money/-/688614/899436/-/bypmdxz/-/...
<http://www.monitor.co.ug/Business/Smart%20Money/-/688614/899436/-/bypmdxz/-/index.html> http://www.unctad.info/upload/SUC/LusakaWorkshop/WarehouseServicesKenya.pdf
<http://www.unctad.info/upload/SUC/LusakaWorkshop/WarehouseServicesKenya.pdf>
Robert Yawe KAY System Technologies Ltd Phoenix House, 6th Floor P O Box 55806 Nairobi, 00200 Kenya
Tel: +254722511225, +254202010696
_______________________________________________ kictanet mailing list kictanet@lists.kictanet.or.ke http://lists.kictanet.or.ke/mailman/listinfo/kictanet
This message was sent to: robertyawe@yahoo.co.uk Unsubscribe or change your options at http://lists.kictanet.or.ke/mailman/options/kictanet/robertyawe%40yahoo.co.u...
_______________________________________________ kictanet mailing list kictanet@lists.kictanet.or.ke http://lists.kictanet.or.ke/mailman/listinfo/kictanet
Unsubscribe or change your options at http://lists.kictanet.or.ke/mailman/options/kictanet/robertyawe%40yahoo.co.u...
The Kenya ICT Action Network (KICTANet) is a multi-stakeholder platform for people and institutions interested and involved in ICT policy and regulation. The network aims to act as a catalyst for reform in the ICT sector in support of the national aim of ICT enabled growth and development.
KICTANetiquette : Adhere to the same standards of acceptable behaviors online that you follow in real life: respect people's times and bandwidth, share knowledge, don't flame or abuse or personalize, respect privacy, do not spam, do not market your wares or qualifications.
_______________________________________________ kictanet mailing list kictanet@lists.kictanet.or.ke https://lists.kictanet.or.ke/mailman/listinfo/kictanet
Unsubscribe or change your options at https://lists.kictanet.or.ke/mailman/options/kictanet/info%40alyhussein.com
The Kenya ICT Action Network (KICTANet) is a multi-stakeholder platform for people and institutions interested and involved in ICT policy and regulation. The network aims to act as a catalyst for reform in the ICT sector in support of the national aim of ICT enabled growth and development.
KICTANetiquette : Adhere to the same standards of acceptable behaviors online that you follow in real life: respect people's times and bandwidth, share knowledge, don't flame or abuse or personalize, respect privacy, do not spam, do not market your wares or qualifications.
Isn't this what we have been saying for a while? That we need to make it easier to do business in Kenya. Period. The rest will sort itself out… ? On Wednesday, February 20, 2013 at 3:10 PM, Ali Hussein wrote:
Robert
Guess that horse did bolt..You know sometimes we are victims of our own trumpet blowing and thinking that we are the cream of the African Tech Space..May be we are but the fact is that we are not competing in the African space we are competing in the global space.
A few days ago Dr.Ndemo alluded to the fact that we need to move beyond rhetoric on the list and actually do something about what is discussed here. Otherwise we will be confined to the dark spaces where critics reside without showing anything for it but rims and reels (bytes) of content about what others have done and have not done...
A little bird told me that the investors of the East Africa Commodity Exchange did try to set up in Kenya but they found Rwanda more attractive. It is possible that the system is probably already built. It is also possible that the system isn't done. May be Paul can be in a better position to tell us.
Robert, I found your email thread below very prophetic..Interesting how the power of retrospection can open up our eyes...What I also find interesting is that the founders of this exchange chose to set up in Rwanda but chose a Kenyan as its first CEO..
Learnings...Cup half full? instead of half empty?
My two cents
Ali Hussein
CEO, 3mice interactive media ltd
Partner, Telemedia Africa Ltd
Twitter: @AliHKassim
Skype: abu-jomo
LinkedIn: http://ke.linkedin.com/in/alihkassim
Blog: www.alyhussein.com (http://www.alyhussein.com)
On Wed, Feb 20, 2013 at 12:52 PM, robert yawe <robertyawe@yahoo.co.uk (mailto:robertyawe@yahoo.co.uk)> wrote:
Guess where Kokubo's next posting will be?
Robert Yawe KAY System Technologies Ltd Phoenix House, 6th Floor P O Box 55806 Nairobi, 00200 Kenya
Tel: +254722511225, +254202010696 From: robert yawe <robertyawe@yahoo.co.uk (mailto:robertyawe@yahoo.co.uk)> To: robertyawe@yahoo.co.uk (mailto:robertyawe@yahoo.co.uk) Cc: KICTAnet ICT Policy Discussions <kictanet@lists.kictanet.or.ke (mailto:kictanet@lists.kictanet.or.ke)> Sent: Thursday, 9 June 2011, 10:06 Subject: [kictanet] Commodity Exchange System - Revisited
Hi Listers,
About 9 month ago (human gestation period) I mentioned the need for developers to start looking into the development of a futures exchange system and as always is with the village madman I was dismissed.
On Wednesday 8th June 2011 the Capital Markets Authority advertised for a futures exchange system, rfp is open to both international and local vendors.
Regards
Hi,
The National Cereals and Produce Board together with the East African Grain Council are working towards the creation of a commodity exchange to trade futures.
This process is at an advanced stage which begun with a process called warehouse receipting and currently Equity Bank offers credit against the receipts.
What does this have to do with us in the IT field? When the Nairobi Stock Exchange tendered for the automated trading system (ATS) and more recently for the Broker Back-office System no local IT company made it past the 1st round.
The fact that companies like Virtual City are winning international awards for systems development and others like PesaPal are receiving large direct foreign investments means that we do have the skills to develop world class solutions.
This is an appeal to all ICT experts in the country to prepare ourselves to make sure that the grain exchange system is locally developed and we stop being spectators in our own country. I know it is said that a prophet is never recognised in his own town, it is time we made this phrase redundant.
NCPB and others are already shopping overseas for a solution so be warned that time is not in our hands and if we are to have an impact we need to move quickly.
The proposed system is supposed to provide a trading platform, depository system, GIS for land information, settlement system, warehouse management, weather monitoring and seed planting information system (acreage, seed type, fertiliser, etc).
Lets get off our high horses and put a together a world class solution for a local problem. No tears after the horse has bolted.
Useful links
http://dn.nationmedia.com/DN/DN/2010/09/03/ArticleHtmls/03_09_2010_030_014.s... http://allafrica.com/stories/200904271171.html http://www.ratin.net/mainfeature.asp?id=40 http://www.monitor.co.ug/Business/Smart%20Money/-/688614/899436/-/bypmdxz/-/... http://www.unctad.info/upload/SUC/LusakaWorkshop/WarehouseServicesKenya.pdf
Robert Yawe KAY System Technologies Ltd Phoenix House, 6th Floor P O Box 55806 Nairobi, 00200 Kenya
Tel: +254722511225, +254202010696
_______________________________________________ kictanet mailing list kictanet@lists.kictanet.or.ke (mailto:kictanet@lists.kictanet.or.ke) http://lists.kictanet.or.ke/mailman/listinfo/kictanet
This message was sent to: robertyawe@yahoo.co.uk (mailto:robertyawe@yahoo.co.uk) Unsubscribe or change your options at http://lists.kictanet.or.ke/mailman/options/kictanet/robertyawe%40yahoo.co.u...
_______________________________________________ kictanet mailing list kictanet@lists.kictanet.or.ke (mailto:kictanet@lists.kictanet.or.ke) http://lists.kictanet.or.ke/mailman/listinfo/kictanet
Unsubscribe or change your options at http://lists.kictanet.or.ke/mailman/options/kictanet/robertyawe%40yahoo.co.u...
The Kenya ICT Action Network (KICTANet) is a multi-stakeholder platform for people and institutions interested and involved in ICT policy and regulation. The network aims to act as a catalyst for reform in the ICT sector in support of the national aim of ICT enabled growth and development.
KICTANetiquette : Adhere to the same standards of acceptable behaviors online that you follow in real life: respect people's times and bandwidth, share knowledge, don't flame or abuse or personalize, respect privacy, do not spam, do not market your wares or qualifications.
_______________________________________________ kictanet mailing list kictanet@lists.kictanet.or.ke (mailto:kictanet@lists.kictanet.or.ke) https://lists.kictanet.or.ke/mailman/listinfo/kictanet
Unsubscribe or change your options at https://lists.kictanet.or.ke/mailman/options/kictanet/info%40alyhussein.com
The Kenya ICT Action Network (KICTANet) is a multi-stakeholder platform for people and institutions interested and involved in ICT policy and regulation. The network aims to act as a catalyst for reform in the ICT sector in support of the national aim of ICT enabled growth and development.
KICTANetiquette : Adhere to the same standards of acceptable behaviors online that you follow in real life: respect people's times and bandwidth, share knowledge, don't flame or abuse or personalize, respect privacy, do not spam, do not market your wares or qualifications.
_______________________________________________ kictanet mailing list kictanet@lists.kictanet.or.ke (mailto:kictanet@lists.kictanet.or.ke) https://lists.kictanet.or.ke/mailman/listinfo/kictanet
Unsubscribe or change your options at https://lists.kictanet.or.ke/mailman/options/kictanet/pkariuki%40gmail.com
The Kenya ICT Action Network (KICTANet) is a multi-stakeholder platform for people and institutions interested and involved in ICT policy and regulation. The network aims to act as a catalyst for reform in the ICT sector in support of the national aim of ICT enabled growth and development.
KICTANetiquette : Adhere to the same standards of acceptable behaviors online that you follow in real life: respect people's times and bandwidth, share knowledge, don't flame or abuse or personalize, respect privacy, do not spam, do not market your wares or qualifications.
-- Regards, Phares Kariuki | T: +254 720 406 093 | E: pkariuki@gmail.com | Twitter: kaboro | Skype: kariukiphares | B: http://www.kaboro.com/ |
about the exchange Dr Ndemo .... my friends and I are ready ... to build a private one ... some of these things should be built papa hapa .... na sisi :) On Wed, Feb 20, 2013 at 5:12 PM, Phares Kariuki <pkariuki@gmail.com> wrote:
Isn't this what we have been saying for a while? That we need to make it easier to do business in Kenya. Period. The rest will sort itself out… ?
On Wednesday, February 20, 2013 at 3:10 PM, Ali Hussein wrote:
Robert
Guess that horse did bolt..You know sometimes we are victims of our own trumpet blowing and thinking that we are the cream of the African Tech Space..May be we are but the fact is that we are not competing in the African space we are competing in the global space.
A few days ago Dr.Ndemo alluded to the fact that we need to move beyond rhetoric on the list and actually do something about what is discussed here. Otherwise we will be confined to the dark spaces where critics reside without showing anything for it but rims and reels (bytes) of content about what others have done and have not done...
A little bird told me that the investors of the East Africa Commodity Exchange did try to set up in Kenya but they found Rwanda more attractive. It is possible that the system is probably already built. It is also possible that the system isn't done. May be Paul can be in a better position to tell us.
Robert, I found your email thread below very prophetic..Interesting how the power of retrospection can open up our eyes...What I also find interesting is that the founders of this exchange chose to set up in Rwanda but chose a Kenyan as its first CEO..
Learnings...Cup half full? instead of half empty?
My two cents
*Ali Hussein*
*CEO, 3mice interactive media ltd*
*Partner, Telemedia Africa Ltd *
Twitter: @AliHKassim
Skype: abu-jomo
LinkedIn: http://ke.linkedin.com/in/alihkassim<http://ke.linkedin.com/in/alihkassim>
Blog: www.alyhussein.com
On Wed, Feb 20, 2013 at 12:52 PM, robert yawe <robertyawe@yahoo.co.uk>wrote:
Guess where Kokubo's next posting will be?
Robert Yawe KAY System Technologies Ltd Phoenix House, 6th Floor P O Box 55806 Nairobi, 00200 Kenya
Tel: +254722511225, +254202010696 ------------------------------ *From:* robert yawe <robertyawe@yahoo.co.uk> *To:* robertyawe@yahoo.co.uk *Cc:* KICTAnet ICT Policy Discussions <kictanet@lists.kictanet.or.ke> *Sent:* Thursday, 9 June 2011, 10:06 *Subject:* [kictanet] Commodity Exchange System - Revisited
Hi Listers,
About 9 month ago (human gestation period) I mentioned the need for developers to start looking into the development of a futures exchange system and as always is with the village madman I was dismissed.
On Wednesday 8th June 2011 the Capital Markets Authority advertised for a futures exchange system, rfp is open to both international and local vendors.
Regards
Hi,
The National Cereals and Produce Board together with the East African Grain Council are working towards the creation of a commodity exchange to trade futures.
This process is at an advanced stage which begun with a process called warehouse receipting and currently Equity Bank offers credit against the receipts.
What does this have to do with us in the IT field? When the Nairobi Stock Exchange tendered for the automated trading system (ATS) and more recently for the Broker Back-office System no local IT company made it past the 1st round.
The fact that companies like Virtual City are winning international awards for systems development and others like PesaPal are receiving large direct foreign investments means that we do have the skills to develop world class solutions.
This is an appeal to all ICT experts in the country to prepare ourselves to make sure that the grain exchange system is locally developed and we stop being spectators in our own country. I know it is said that a prophet is never recognised in his own town, it is time we made this phrase redundant.
NCPB and others are already shopping overseas for a solution so be warned that time is not in our hands and if we are to have an impact we need to move quickly.
The proposed system is supposed to provide a trading platform, depository system, GIS for land information, settlement system, warehouse management, weather monitoring and seed planting information system (acreage, seed type, fertiliser, etc).
Lets get off our high horses and put a together a world class solution for a local problem. No tears after the horse has bolted.
Useful links
http://dn.nationmedia.com/DN/DN/2010/09/03/ArticleHtmls/03_09_2010_030_014.s... http://allafrica.com/stories/200904271171.html <http://allafrica.com/stories/200904271171.html> http://www.ratin.net/mainfeature.asp?id=40 <http://www.ratin.net/mainfeature.asp?id=40> http://www.monitor.co.ug/Business/Smart%20Money/-/688614/899436/-/bypmdxz/-/... <http://www.monitor.co.ug/Business/Smart%20Money/-/688614/899436/-/bypmdxz/-/index.html> http://www.unctad.info/upload/SUC/LusakaWorkshop/WarehouseServicesKenya.pdf <http://www.unctad.info/upload/SUC/LusakaWorkshop/WarehouseServicesKenya.pdf>
Robert Yawe KAY System Technologies Ltd Phoenix House, 6th Floor P O Box 55806 Nairobi, 00200 Kenya
Tel: +254722511225, +254202010696
_______________________________________________ kictanet mailing list kictanet@lists.kictanet.or.ke http://lists.kictanet.or.ke/mailman/listinfo/kictanet
This message was sent to: robertyawe@yahoo.co.uk Unsubscribe or change your options at http://lists.kictanet.or.ke/mailman/options/kictanet/robertyawe%40yahoo.co.u...
_______________________________________________ kictanet mailing list kictanet@lists.kictanet.or.ke http://lists.kictanet.or.ke/mailman/listinfo/kictanet
Unsubscribe or change your options at http://lists.kictanet.or.ke/mailman/options/kictanet/robertyawe%40yahoo.co.u...
The Kenya ICT Action Network (KICTANet) is a multi-stakeholder platform for people and institutions interested and involved in ICT policy and regulation. The network aims to act as a catalyst for reform in the ICT sector in support of the national aim of ICT enabled growth and development.
KICTANetiquette : Adhere to the same standards of acceptable behaviors online that you follow in real life: respect people's times and bandwidth, share knowledge, don't flame or abuse or personalize, respect privacy, do not spam, do not market your wares or qualifications.
_______________________________________________ kictanet mailing list kictanet@lists.kictanet.or.ke https://lists.kictanet.or.ke/mailman/listinfo/kictanet
Unsubscribe or change your options at https://lists.kictanet.or.ke/mailman/options/kictanet/info%40alyhussein.com
The Kenya ICT Action Network (KICTANet) is a multi-stakeholder platform for people and institutions interested and involved in ICT policy and regulation. The network aims to act as a catalyst for reform in the ICT sector in support of the national aim of ICT enabled growth and development.
KICTANetiquette : Adhere to the same standards of acceptable behaviors online that you follow in real life: respect people's times and bandwidth, share knowledge, don't flame or abuse or personalize, respect privacy, do not spam, do not market your wares or qualifications.
_______________________________________________ kictanet mailing list kictanet@lists.kictanet.or.ke https://lists.kictanet.or.ke/mailman/listinfo/kictanet
Unsubscribe or change your options at https://lists.kictanet.or.ke/mailman/options/kictanet/pkariuki%40gmail.com
The Kenya ICT Action Network (KICTANet) is a multi-stakeholder platform for people and institutions interested and involved in ICT policy and regulation. The network aims to act as a catalyst for reform in the ICT sector in support of the national aim of ICT enabled growth and development.
KICTANetiquette : Adhere to the same standards of acceptable behaviors online that you follow in real life: respect people's times and bandwidth, share knowledge, don't flame or abuse or personalize, respect privacy, do not spam, do not market your wares or qualifications.
-- Regards,
Phares Kariuki
| T: +254 720 406 093 | E: pkariuki@gmail.com | Twitter: kaboro | Skype: kariukiphares | B: http://www.kaboro.com/ |
_______________________________________________ kictanet mailing list kictanet@lists.kictanet.or.ke https://lists.kictanet.or.ke/mailman/listinfo/kictanet
Unsubscribe or change your options at https://lists.kictanet.or.ke/mailman/options/kictanet/agostal%40gmail.com
The Kenya ICT Action Network (KICTANet) is a multi-stakeholder platform for people and institutions interested and involved in ICT policy and regulation. The network aims to act as a catalyst for reform in the ICT sector in support of the national aim of ICT enabled growth and development.
KICTANetiquette : Adhere to the same standards of acceptable behaviors online that you follow in real life: respect people's times and bandwidth, share knowledge, don't flame or abuse or personalize, respect privacy, do not spam, do not market your wares or qualifications.
"Between saying and doing many a pair of shoes is worn out. " - Italian Proverb quotes But some in this list have really proved they are in the league of "Kusema na kutenda". Lets do it On 20 February 2013 18:51, Agosta Liko <agostal@gmail.com> wrote:
about the exchange
Dr Ndemo .... my friends and I are ready ...
to build a private one ... some of these things should be built papa hapa .... na sisi :)
On Wed, Feb 20, 2013 at 5:12 PM, Phares Kariuki <pkariuki@gmail.com>wrote:
Isn't this what we have been saying for a while? That we need to make it easier to do business in Kenya. Period. The rest will sort itself out… ?
On Wednesday, February 20, 2013 at 3:10 PM, Ali Hussein wrote:
Robert
Guess that horse did bolt..You know sometimes we are victims of our own trumpet blowing and thinking that we are the cream of the African Tech Space..May be we are but the fact is that we are not competing in the African space we are competing in the global space.
A few days ago Dr.Ndemo alluded to the fact that we need to move beyond rhetoric on the list and actually do something about what is discussed here. Otherwise we will be confined to the dark spaces where critics reside without showing anything for it but rims and reels (bytes) of content about what others have done and have not done...
A little bird told me that the investors of the East Africa Commodity Exchange did try to set up in Kenya but they found Rwanda more attractive. It is possible that the system is probably already built. It is also possible that the system isn't done. May be Paul can be in a better position to tell us.
Robert, I found your email thread below very prophetic..Interesting how the power of retrospection can open up our eyes...What I also find interesting is that the founders of this exchange chose to set up in Rwanda but chose a Kenyan as its first CEO..
Learnings...Cup half full? instead of half empty?
My two cents
*Ali Hussein*
*CEO, 3mice interactive media ltd*
*Partner, Telemedia Africa Ltd *
Twitter: @AliHKassim
Skype: abu-jomo
LinkedIn: http://ke.linkedin.com/in/alihkassim<http://ke.linkedin.com/in/alihkassim>
Blog: www.alyhussein.com
On Wed, Feb 20, 2013 at 12:52 PM, robert yawe <robertyawe@yahoo.co.uk>wrote:
Guess where Kokubo's next posting will be?
Robert Yawe KAY System Technologies Ltd Phoenix House, 6th Floor P O Box 55806 Nairobi, 00200 Kenya
Tel: +254722511225, +254202010696 ------------------------------ *From:* robert yawe <robertyawe@yahoo.co.uk> *To:* robertyawe@yahoo.co.uk *Cc:* KICTAnet ICT Policy Discussions <kictanet@lists.kictanet.or.ke> *Sent:* Thursday, 9 June 2011, 10:06 *Subject:* [kictanet] Commodity Exchange System - Revisited
Hi Listers,
About 9 month ago (human gestation period) I mentioned the need for developers to start looking into the development of a futures exchange system and as always is with the village madman I was dismissed.
On Wednesday 8th June 2011 the Capital Markets Authority advertised for a futures exchange system, rfp is open to both international and local vendors.
Regards
Hi,
The National Cereals and Produce Board together with the East African Grain Council are working towards the creation of a commodity exchange to trade futures.
This process is at an advanced stage which begun with a process called warehouse receipting and currently Equity Bank offers credit against the receipts.
What does this have to do with us in the IT field? When the Nairobi Stock Exchange tendered for the automated trading system (ATS) and more recently for the Broker Back-office System no local IT company made it past the 1st round.
The fact that companies like Virtual City are winning international awards for systems development and others like PesaPal are receiving large direct foreign investments means that we do have the skills to develop world class solutions.
This is an appeal to all ICT experts in the country to prepare ourselves to make sure that the grain exchange system is locally developed and we stop being spectators in our own country. I know it is said that a prophet is never recognised in his own town, it is time we made this phrase redundant.
NCPB and others are already shopping overseas for a solution so be warned that time is not in our hands and if we are to have an impact we need to move quickly.
The proposed system is supposed to provide a trading platform, depository system, GIS for land information, settlement system, warehouse management, weather monitoring and seed planting information system (acreage, seed type, fertiliser, etc).
Lets get off our high horses and put a together a world class solution for a local problem. No tears after the horse has bolted.
Useful links
http://dn.nationmedia.com/DN/DN/2010/09/03/ArticleHtmls/03_09_2010_030_014.s... http://allafrica.com/stories/200904271171.html <http://allafrica.com/stories/200904271171.html> http://www.ratin.net/mainfeature.asp?id=40 <http://www.ratin.net/mainfeature.asp?id=40> http://www.monitor.co.ug/Business/Smart%20Money/-/688614/899436/-/bypmdxz/-/... <http://www.monitor.co.ug/Business/Smart%20Money/-/688614/899436/-/bypmdxz/-/index.html> http://www.unctad.info/upload/SUC/LusakaWorkshop/WarehouseServicesKenya.pdf <http://www.unctad.info/upload/SUC/LusakaWorkshop/WarehouseServicesKenya.pdf>
Robert Yawe KAY System Technologies Ltd Phoenix House, 6th Floor P O Box 55806 Nairobi, 00200 Kenya
Tel: +254722511225, +254202010696
_______________________________________________ kictanet mailing list kictanet@lists.kictanet.or.ke http://lists.kictanet.or.ke/mailman/listinfo/kictanet
This message was sent to: robertyawe@yahoo.co.uk Unsubscribe or change your options at http://lists.kictanet.or.ke/mailman/options/kictanet/robertyawe%40yahoo.co.u...
_______________________________________________ kictanet mailing list kictanet@lists.kictanet.or.ke http://lists.kictanet.or.ke/mailman/listinfo/kictanet
Unsubscribe or change your options at http://lists.kictanet.or.ke/mailman/options/kictanet/robertyawe%40yahoo.co.u...
The Kenya ICT Action Network (KICTANet) is a multi-stakeholder platform for people and institutions interested and involved in ICT policy and regulation. The network aims to act as a catalyst for reform in the ICT sector in support of the national aim of ICT enabled growth and development.
KICTANetiquette : Adhere to the same standards of acceptable behaviors online that you follow in real life: respect people's times and bandwidth, share knowledge, don't flame or abuse or personalize, respect privacy, do not spam, do not market your wares or qualifications.
_______________________________________________ kictanet mailing list kictanet@lists.kictanet.or.ke https://lists.kictanet.or.ke/mailman/listinfo/kictanet
Unsubscribe or change your options at https://lists.kictanet.or.ke/mailman/options/kictanet/info%40alyhussein.com
The Kenya ICT Action Network (KICTANet) is a multi-stakeholder platform for people and institutions interested and involved in ICT policy and regulation. The network aims to act as a catalyst for reform in the ICT sector in support of the national aim of ICT enabled growth and development.
KICTANetiquette : Adhere to the same standards of acceptable behaviors online that you follow in real life: respect people's times and bandwidth, share knowledge, don't flame or abuse or personalize, respect privacy, do not spam, do not market your wares or qualifications.
_______________________________________________ kictanet mailing list kictanet@lists.kictanet.or.ke https://lists.kictanet.or.ke/mailman/listinfo/kictanet
Unsubscribe or change your options at https://lists.kictanet.or.ke/mailman/options/kictanet/pkariuki%40gmail.com
The Kenya ICT Action Network (KICTANet) is a multi-stakeholder platform for people and institutions interested and involved in ICT policy and regulation. The network aims to act as a catalyst for reform in the ICT sector in support of the national aim of ICT enabled growth and development.
KICTANetiquette : Adhere to the same standards of acceptable behaviors online that you follow in real life: respect people's times and bandwidth, share knowledge, don't flame or abuse or personalize, respect privacy, do not spam, do not market your wares or qualifications.
-- Regards,
Phares Kariuki
| T: +254 720 406 093 | E: pkariuki@gmail.com | Twitter: kaboro | Skype: kariukiphares | B: http://www.kaboro.com/ |
_______________________________________________ kictanet mailing list kictanet@lists.kictanet.or.ke https://lists.kictanet.or.ke/mailman/listinfo/kictanet
Unsubscribe or change your options at https://lists.kictanet.or.ke/mailman/options/kictanet/agostal%40gmail.com
The Kenya ICT Action Network (KICTANet) is a multi-stakeholder platform for people and institutions interested and involved in ICT policy and regulation. The network aims to act as a catalyst for reform in the ICT sector in support of the national aim of ICT enabled growth and development.
KICTANetiquette : Adhere to the same standards of acceptable behaviors online that you follow in real life: respect people's times and bandwidth, share knowledge, don't flame or abuse or personalize, respect privacy, do not spam, do not market your wares or qualifications.
_______________________________________________ kictanet mailing list kictanet@lists.kictanet.or.ke https://lists.kictanet.or.ke/mailman/listinfo/kictanet
Unsubscribe or change your options at https://lists.kictanet.or.ke/mailman/options/kictanet/kivuva%40transworldafr...
The Kenya ICT Action Network (KICTANet) is a multi-stakeholder platform for people and institutions interested and involved in ICT policy and regulation. The network aims to act as a catalyst for reform in the ICT sector in support of the national aim of ICT enabled growth and development.
KICTANetiquette : Adhere to the same standards of acceptable behaviors online that you follow in real life: respect people's times and bandwidth, share knowledge, don't flame or abuse or personalize, respect privacy, do not spam, do not market your wares or qualifications.
-- ______________________ Mwendwa Kivuva For Business Development Transworld Computer Channels Cel: 0722402248 twitter.com/lordmwesh www.transworldAfrica.com | Fluent in computing kenya.or.ke | The Kenya we know
Why we must make some sacrifices now to ensure better planning for broadband planning for the next few years. The UK case below. Ndemo. The UK regulator OFCOM has just announced the winners of the recent 4G auction that started in November 2012, The results and spectrum allocations are summarized in the press release below: Ofcom has today announced the winners of the 4G mobile spectrum auction. After more than 50 rounds of bidding, Everything Everywhere Ltd, Hutchison 3G UK Ltd, Niche Spectrum Ventures Ltd (a subsidiary of BT Group plc), Telefónica UK Ltd and Vodafone Ltd have all won spectrum. This is suitable for rolling out new superfast mobile broadband services to consumers and to small and large businesses across the UK1. The auction has achieved Ofcoms purpose of promoting strong competition in the 4G mobile market. This is expected to lead to faster mobile broadband speeds, lower prices, greater innovation, new investment and better coverage. Almost the whole UK population will be able to receive 4G mobile services by the end of 2017 at the latest. A total of 250 MHz of spectrum was auctioned in two separate bands 800 MHz and 2.6 GHz. This is equivalent to two-thirds of the radio frequencies currently used by wireless devices such as tablets, smartphones and laptops. The lower-frequency 800 MHz band is part of the digital dividend freed up when analogue terrestrial TV was switched off, and is ideal for widespread mobile coverage. The higher-frequency 2.6 GHz band is ideal for delivering the capacity needed for faster speeds. The availability of the two will allow 4G networks to achieve widespread coverage as well as offering capacity to cope with significant demand in urban centres. Ed Richards, Ofcom Chief Executive, said: This is a positive outcome for competition in the UK, which will lead to faster and more widespread mobile broadband, and substantial benefits for consumers and businesses across the country. We are confident that the UK will be among the most competitive markets in the world for 4G services. 4G coverage will extend far beyond that of existing 3G services, covering 98% of the UK population indoors and even more when outdoors which is good news for parts of the country currently underserved by mobile broadband. We also want consumers to be well informed about 4G, so we will be conducting research at the end of this year to show who is deploying services, in which areas and at what speeds. This will help consumers and businesses to choose their most suitable provider. Widespread 4G coverage Ofcom has attached a coverage obligation to one of the 800 MHz lots of spectrum. The winner of this lot is Telefónica UK Ltd. This operator is obliged to provide a mobile broadband service for indoor reception to at least 98% of the UK population(expected to cover at least 99% when outdoors) and at least 95% of the population of each of the UK nations England, Northern Ireland, Scotland and Wales by the end of 2017 at the latest. Results A breakdown of what was won, who won it and the base prices payable is detailed below: Winning bidder Spectrum won Base price Everything Everywhere Ltd 2 x 5 MHz of 800 MHz and 2 x 35 MHz of 2.6 GHz £588,876,000 Hutchison 3G UK Ltd 2 x 5 MHz of 800 MHz £225,000,000 Niche Spectrum Ventures Ltd (a subsidiary of BT Group plc) 2 x 15 MHz of 2.6 GHz and 1 x 20 MHz of 2.6 GHz (unpaired) £186,476,000 Telefónica UK Ltd 2 x 10 MHz of 800 MHz (coverage obligation lot) £550,000,000 Vodafone Ltd 2 x 10 MHz of 800 MHz, 2 x 20 MHz of 2.6 GHz and 1 x 25 MHz of 2.6 GHz (unpaired) £790,761,000 Total £2,341,113,000 The following bidders were not winning bidders: MLL Telecom Ltd HKT (UK) Company Ltd The winning bidders now have until 23:59 on 21 February 2013 to pay any outstanding sums to Ofcom for the spectrum they have won. All proceeds from the auction will go to HM Government. Value for consumers In 2012, Ofcom conducted an assessment of future mobile competition in the UK<http://stakeholders.ofcom.org.uk/binaries/consultations/award-800mhz/statement/statement.pdf>. This concluded that consumers were likely to benefit from better services at lower prices if there were at least four credible national wholesalers of 4G mobile services. However, going into the auction, Ofcom took the view that there were only three operators (EE, O2 and Vodafone) with sufficient spectrum to support such services. Therefore, in the interests of competition, spectrum was reserved in the auction for a fourth national wholesaler. That spectrum has been won by Hutchison 3G UK Ltd. The value of the benefits which 4G services will provide to UK consumers over the next 10 years (the consumer surplus) is likely to be at least £20bn, according to Ofcom estimates. The UKs communications networks will become more advanced as 4G is rolled out over the coming months. This new infrastructure, together with software development, employment opportunities and new mobile revenues, means 4G is likely to make a significant contribution to UK economic growth. Next steps While the main part of the auction has concluded, there is a final stage in the process to determine where in the 800 MHz and 2.6 GHz bands each winning bidders new spectrum will be located. Bidding in this final stage called the assignment stage will take place shortly. Following that stage, once bidders have paid their full licence fees, Ofcom will grant licences to the winners to use the spectrum. Operators will then be able to start rolling out their networks, with consumer services expected in spring or early summer 2013. 3G and 4G mobile broadband speeds research Ofcom will also be carrying out research to measure the performance of 3G and 4G networks. This will be broken down by operator and will assess the average mobile broadband speeds received by 3G and 4G customers. It will be designed to help consumers understand the performance benefits of 4G over 3G mobile services and assist them in making informed purchasing decisions. Ofcom expects to conduct this research around December 2013 and publish the results in spring 2014. Planning for the future By 2030, demand for mobile data could be 80 times higher than today2. To help meet this demand and avert a possible capacity crunch, more mobile spectrum is needed over the long term, together with new technologies to make mobile broadband more efficient. Ofcom is planning now to support the release of further spectrum for possible future 5G mobile services3.
Daktari, Are the auction figures correct? Billions of sterling pounds for the spectrum allocated! I really fear how much the UK users will be charged at retail levels by the Operators who may be trying to recoup their investments with cost of spectrum being one major determinant. Whats more, I have always wondered of what use is the volume based charging models (i.e Ksh per GB) in the context of promoting broadband usage and adoption visa viz suppressing demand. Think (not so) emerging applications such as elearning, emedicine, egoverment in the face of Ksh Per download. Who will take up these services? walu. ________________________________ From: "bitange@jambo.co.ke" <bitange@jambo.co.ke> To: jwalu@yahoo.com Cc: KICTAnet ICT Policy Discussions <kictanet@lists.kictanet.or.ke> Sent: Thursday, February 21, 2013 11:55 AM Subject: Re: [kictanet] Digital Dividends and why we must plan NOW. Why we must make some sacrifices now to ensure better planning for broadband planning for the next few years. The UK case below. Ndemo. The UK regulator OFCOM has just announced the winners of the recent 4G auction that started in November 2012, The results and spectrum allocations are summarized in the press release below: Ofcom has today announced the winners of the 4G mobile spectrum auction. After more than 50 rounds of bidding, Everything Everywhere Ltd, Hutchison 3G UK Ltd, Niche Spectrum Ventures Ltd (a subsidiary of BT Group plc), Telefónica UK Ltd and Vodafone Ltd have all won spectrum. This is suitable for rolling out new superfast mobile broadband services to consumers and to small and large businesses across the UK1. The auction has achieved Ofcom’s purpose of promoting strong competition in the 4G mobile market. This is expected to lead to faster mobile broadband speeds, lower prices, greater innovation, new investment and better coverage. Almost the whole UK population will be able to receive 4G mobile services by the end of 2017 at the latest. A total of 250 MHz of spectrum was auctioned in two separate bands – 800 MHz and 2.6 GHz. This is equivalent to two-thirds of the radio frequencies currently used by wireless devices such as tablets, smartphones and laptops. The lower-frequency 800 MHz band is part of the ‘digital dividend’ freed up when analogue terrestrial TV was switched off, and is ideal for widespread mobile coverage. The higher-frequency 2.6 GHz band is ideal for delivering the capacity needed for faster speeds. The availability of the two will allow 4G networks to achieve widespread coverage as well as offering capacity to cope with significant demand in urban centres. Ed Richards, Ofcom Chief Executive, said: “This is a positive outcome for competition in the UK, which will lead to faster and more widespread mobile broadband, and substantial benefits for consumers and businesses across the country. We are confident that the UK will be among the most competitive markets in the world for 4G services. “4G coverage will extend far beyond that of existing 3G services, covering 98% of the UK population indoors – and even more when outdoors – which is good news for parts of the country currently underserved by mobile broadband. “We also want consumers to be well informed about 4G, so we will be conducting research at the end of this year to show who is deploying services, in which areas and at what speeds. This will help consumers and businesses to choose their most suitable provider.” Widespread 4G coverage Ofcom has attached a coverage obligation to one of the 800 MHz lots of spectrum. The winner of this lot is Telefónica UK Ltd. This operator is obliged to provide a mobile broadband service for indoor reception to at least 98% of the UK population(expected to cover at least 99% when outdoors) and at least 95% of the population of each of the UK nations – England, Northern Ireland, Scotland and Wales – by the end of 2017 at the latest. Results A breakdown of what was won, who won it and the base prices payable is detailed below: Winning bidder Spectrum won Base price Everything Everywhere Ltd 2 x 5 MHz of 800 MHz and 2 x 35 MHz of 2.6 GHz £588,876,000 Hutchison 3G UK Ltd 2 x 5 MHz of 800 MHz £225,000,000 Niche Spectrum Ventures Ltd (a subsidiary of BT Group plc) 2 x 15 MHz of 2.6 GHz and 1 x 20 MHz of 2.6 GHz (unpaired) £186,476,000 Telefónica UK Ltd 2 x 10 MHz of 800 MHz (coverage obligation lot) £550,000,000 Vodafone Ltd 2 x 10 MHz of 800 MHz, 2 x 20 MHz of 2.6 GHz and 1 x 25 MHz of 2.6 GHz (unpaired) £790,761,000 Total £2,341,113,000 The following bidders were not winning bidders: MLL Telecom Ltd HKT (UK) Company Ltd The winning bidders now have until 23:59 on 21 February 2013 to pay any outstanding sums to Ofcom for the spectrum they have won. All proceeds from the auction will go to HM Government. Value for consumers In 2012, Ofcom conducted an assessment of future mobile competition in the UK<http://stakeholders.ofcom.org.uk/binaries/consultations/award-800mhz/statement/statement.pdf>. This concluded that consumers were likely to benefit from better services at lower prices if there were at least four credible national wholesalers of 4G mobile services. However, going into the auction, Ofcom took the view that there were only three operators (EE, O2 and Vodafone) with sufficient spectrum to support such services. Therefore, in the interests of competition, spectrum was reserved in the auction for a fourth national wholesaler. That spectrum has been won by Hutchison 3G UK Ltd. The value of the benefits which 4G services will provide to UK consumers over the next 10 years (the ‘consumer surplus’) is likely to be at least £20bn, according to Ofcom estimates. The UK’s communications networks will become more advanced as 4G is rolled out over the coming months. This new infrastructure, together with software development, employment opportunities and new mobile revenues, means 4G is likely to make a significant contribution to UK economic growth. Next steps While the main part of the auction has concluded, there is a final stage in the process to determine where in the 800 MHz and 2.6 GHz bands each winning bidder’s new spectrum will be located. Bidding in this final stage – called the ‘assignment stage’ – will take place shortly. Following that stage, once bidders have paid their full licence fees, Ofcom will grant licences to the winners to use the spectrum. Operators will then be able to start rolling out their networks, with consumer services expected in spring or early summer 2013. 3G and 4G mobile broadband speeds research Ofcom will also be carrying out research to measure the performance of 3G and 4G networks. This will be broken down by operator and will assess the average mobile broadband speeds received by 3G and 4G customers. It will be designed to help consumers understand the performance benefits of 4G over 3G mobile services and assist them in making informed purchasing decisions. Ofcom expects to conduct this research around December 2013 and publish the results in spring 2014. Planning for the future By 2030, demand for mobile data could be 80 times higher than today2. To help meet this demand and avert a possible ‘capacity crunch’, more mobile spectrum is needed over the long term, together with new technologies to make mobile broadband more efficient. Ofcom is planning now to support the release of further spectrum for possible future ‘5G’ mobile services3. _______________________________________________ kictanet mailing list kictanet@lists.kictanet.or.ke https://lists.kictanet.or.ke/mailman/listinfo/kictanet Unsubscribe or change your options at https://lists.kictanet.or.ke/mailman/options/kictanet/jwalu%40yahoo.com The Kenya ICT Action Network (KICTANet) is a multi-stakeholder platform for people and institutions interested and involved in ICT policy and regulation. The network aims to act as a catalyst for reform in the ICT sector in support of the national aim of ICT enabled growth and development. KICTANetiquette : Adhere to the same standards of acceptable behaviors online that you follow in real life: respect people's times and bandwidth, share knowledge, don't flame or abuse or personalize, respect privacy, do not spam, do not market your wares or qualifications.
participants (7)
-
Agosta Liko
-
Ali Hussein
-
bitange@jambo.co.ke
-
Kivuva
-
Phares Kariuki
-
robert yawe
-
Walubengo J