[Kictanet] [Fibre-for-africa] Whats i have being talking of as a public private partnership in ownership of the critical infrastructur

[Bill Kagai]

On 11/28/06, Eric Osiakwan <eric at afrispa.org> wrote:
>
> Was African Lakes on NSE as well or only on LSE?
>

Yeah.
African Lakes was cross-listed at the NSE in March 2000 and was branded as
the first Kenyan IPO but did not live to expectations.
The company issued 4 million shares at Kshs 94.50 each and as a result
secured a secondary listing in the NSE. See http://www.nse.co.ke/History.htm

The company then tried raising extra equity but that did not stop its demise
leaving the 'technology companies' seriously contemplating the next
direction to take in the stock market. See Issue No. 157 on balancing act.
http://www.balancingact-africa.com/news/back/balancing-act_157.html

We now have Safaricom, Telkom (K) and Wananchi having indicated to test the
waters soon.




--
With Kind Regards,
Bildad Kagai
MD - Circuits & Packets Communications Ltd
Content & Training Partner - JKUAT E-Government Academy
Suite B2, Tetu Apartments, State House Avenue
P. O. Box 20311 - 00200
Nairobi, Kenya
Tel. 254 20 2728332
Fax. 254 20 2726965
Cell. 254 724 226600
URL. www.circuitspackets.co.ke
URL. www.JKUATEgovAcademy.ac.ke
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