Coming so soon after the bungled general elections and the subsequent flare-ups, the Safaricom IPO has since gone political and it follows that it will go tribal – if it hasn’t already. In the end, the Safaricom shareholding register will likely read more like a provincial rather than a national roll call. In a Television poll just yesterday, the question was ‘do you think the Safaricom IPO should be put on hold?” 55% said yes and 45% said no. True a TV poll may not be a true representative of the situation on the ground, but still the split was eerily similar to something we’ve witnessed recently. There are those, maybe not you, but there are those who will disregard the need for transparency and a clean fair market and go ahead to buy the shares based solely on where the leaders backing the IPO were born.
Friday, March 28, 2008
Safaricom IPO goes tribal
Posted by Shiko-Msa 1 Esteemed Opinions
Wednesday, March 26, 2008
What about the Children?
A few days ago I was buying newspapers in a local super market and there were two young boys of Coastal origin around the age of 7 just behind me in the queue. On the front cover of the East African Standard was Kibaki’s picture and one of the boys said, ‘yule babu ni mwizi’ (that grandpa is a thief). The other boy chuckled and said rather obviously, ‘eeh! Si nasikia ni Mkikuyu’ (Yeah, I hear he’s a Kikuyu). The other boy expressed shock that even grandpas steal.
Posted by Shiko-Msa 1 Esteemed Opinions
Friday, March 21, 2008
I stand accused
Just when I thought I had my faith all figured, the
- Thou shalt not be extremely rich
- Thou shalt not be a drug peddler
- Thou shalt not engage in abortion
- Thou shalt not be a paedophile
- Thou shalt beware of genetic manipulation
- Thou shalt not engage in social injustices
- Thou shalt not pollute the earth
Posted by Shiko-Msa 8 Esteemed Opinions