[kictanet] Fwd: Bulk of KenyanWealth Owned by Foreigners

Thu Jul 3 09:10:07 EAT 2008

I think the article in the Business Daily today (pg 10-11) makes a lot of
sense. The valuations for Grand Regency that are being bandied about by the
politicos are completely off.

Considering that the the Lonrho Group of hotels (5 different distinct units)
- consisting of The Norfolk, Mt Kenya Safari Club, The Ark, Aberdare Country
Club and Mara Safari Club - we *all* sold for a total of Kshs. 2billion.
Getting 3.1 billion (or 2.9B after forex issues) is quite a steal for Grand
Regency.

We are clearly witnessing a witchhunt over here .... nevertheless with great
power comes great responsibility.... time will tell

B

On Thu, Jul 3, 2008 at 7:58 AM, Alex Gakuru <alex.gakuru at yahoo.com> wrote:

> Did the pipeline matter end to cast the first stone?
>
> --- On Wed, 7/2/08, Shem Ochuodho <shemochuodho at yahoo.com> wrote:
>
> > From: Shem Ochuodho <shemochuodho at yahoo.com>
> > Subject: Re: [kictanet] Fwd: Bulk of KenyanWealth Owned by Foreigners
> > To: alex.gakuru at yahoo.com
> > Cc: "KICTAnet ICT Policy Discussions" <kictanet at lists.kictanet.or.ke>
> > Date: Wednesday, July 2, 2008, 8:30 AM
> > I hope PS Ndemo is/has been watching the proceedings in
> > Parliament (re Hon. Kimunya Censor Debate re Grand Regency,
> > Safaricom IPO, Telkom Kenya, etc!!!).
> >
> > Shem
> >
> > --- On Sun, 6/29/08, wesley kiriinya
> > <kiriinya2000 at yahoo.com> wrote:
> >
> > From: wesley kiriinya <kiriinya2000 at yahoo.com>
> > Subject: Re: [kictanet] {Disarmed} Re: [NewVisionKenya]
> > Fwd: [africa-oped] Bulk of KenyanWealth Owned by Foreigners
> > To: "Shem Ochuodho"
> > <shemochuodho at yahoo.com>
> > Cc: "KICTAnet ICT Policy Discussions"
> > <kictanet at lists.kictanet.or.ke>
> > Date: Sunday, June 29, 2008, 8:30 AM
> >
> >
> >
> >
> >
> >
> > "...Way forward, mobilize resources the Transcentury
> > way and buy out all that which is owned by foreiners.
> > They did not steal what they own.  They simply caught us
> > napping."
> >
> > Mmmhhh makes me wonder about this Grand Regency thing. And
> > many other things.
> >
> > --- On Sun, 6/22/08, bitange at jambo.co.ke
> > <bitange at jambo.co.ke> wrote:
> >
> > From: bitange at jambo.co.ke <bitange at jambo.co.ke>
> > Subject: Re: [kictanet] {Disarmed} Re: [NewVisionKenya]
> > Fwd: [africa-oped] Bulk of KenyanWealth Owned by Foreigners
> > To: kiriinya2000 at yahoo.com
> > Cc: "Kazi Afrika"
> > <kaziafrika at googlegroups.com>, "KICTAnet ICT
> > Policy Discussions"
> > <kictanet at lists.kictanet.or.ke>
> > Date: Sunday, June 22, 2008, 11:01 AM
> >
> > Although in telcom sector the law requiores local
> > partnership, what the research
> > is telling us is not a problem but an opportunity that we
> > must take advantage
> > of.  The Tea estates referred to here have changed hands
> > several times.  It is
> > therefore
> >  imperative that when they float them, we shall mobilize
> > resources to
> > buy them out.
> >
> > It is not enough to complain and leave the issue to die.
> > There is need to
> > educate our people that in a capitalist economy, there are
> > exit routs to pride
> > ourselves with ownweship of our properties.  Some advamced
> > countries own far
> > less than 31 percent of their assets.
> >
> > We are fortunate that the investment bug has hit Kenya if
> > Safaricom IPO is
> > anything to go by.  Unless we want to radically change our
> > economic orientation
> > with respect to ownership, which I know it is not possible,
> > there is nothing to
> > fuss about.
> >
> > Way forward, mobilize resources the Transcentury way and
> > buy out all that which
> > is owned by foreiners.  They did not steal what they own.
> > They simply caught us
> > napping.
> >
> > Ndemo
> >
> >
> > Sent from my BlackBerry(R)
> >
> > -----Original Message-----
> > From: Shem Ochuodho
> >  <shemochuodho at yahoo.com>
> >
> > Date: Fri, 20 Jun 2008 07:05:27
> > To: <bitange at jambo.co.ke>
> > Cc: Kazi Afrika<kaziafrika at googlegroups.com>;
> > KICTAnet ICT Policy
> > Discussions<kictanet at lists.kictanet.or.ke>
> > Subject: {Disarmed} Re: [kictanet] [NewVisionKenya] Fwd:
> > [africa-oped] Bulk of
> > Kenyan
> >       Wealth Owned by Foreigners
> >
> >
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-- 
Brian Munyao Longwe
e-mail: blongwe at gmail.com
cell: + 254 722 518 744
blog : http://zinjlog.blogspot.com
meta-blog: http://mashilingi.blogspot.com
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