[kictanet] Discipline & Ethics - Re: Legislation and Regulation for e-Commerce in Kenya

Mon Jul 14 23:30:41 EAT 2008

Bill,manthi,waudo et all who support things the Kenyan way,

Am suporting you 101%.Dr. Flo Etta, with all due respect,Its good you
proposed to get your services in a system that needs to be cleaned up,but it
would be kind if you can watch as we do it our way.As you can see,people
like Joe are doing it the crude way,yet I still appreciate it cause I
believe he has a point only that he just put it in a raw manner.

Dr. Shem you should be around to help us facilitate these.I believe your
experience and services would be of great importance in such a system.

Bill I suggest we should also meet for tea before the 31st.Otherwise Brian
Keep organising and posting the logistics.

Don't I love these.

2008/7/14 <kictanet-request at lists.kictanet.or.ke>:

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> Today's Topics:
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>   1. Re: Discipline & Ethics - Re: Legislation and
>      Regulationfore-Commerce in Ken (waudo siganga)
>
>
> ----------------------------------------------------------------------
>
> Message: 1
> Date: Mon, 14 Jul 2008 22:49:02 +0300
> From: "waudo siganga" <emailsignet at mailcan.com>
> Subject: Re: [kictanet] Discipline & Ethics - Re: Legislation and
>        Regulationfore-Commerce in Ken
> To: "Bill Kagai" <billkagai at gmail.com>
> Cc: KICTAnet ICT Policy Discussions <kictanet at lists.kictanet.or.ke>
> Message-ID: <1216064942.15291.1263456079 at webmail.messagingengine.com>
> Content-Type: text/plain; charset="iso-8859-1"
>
> Hey Bill - I have to agree with everything you say in this mail.
> Brilliant stuff! Kenyans need to be promoted into all sorts of
> leadership positions. Secondly, the meeting being called is a
> good idea but it must be by and  for KENYANS. We got to start
> believing in ourselves. If this meeting is organized with
> participation of all and with the small matter of involving only
> KENYANS taken into account, then I will definitely attend. I also
> agree with Bw. Manthi that Flo, though being the nice personality
> she is, should not chair the meeting as there are many qualified
> KENYANS.
>
> About the other mail promoting me to the honourable position of
> goat herder I have to disappoint you since I have been
> goat-herding for a number of years now. Everyone who knows me
> well knows that whenever I get a chance I am always upcountry in
> Mukangu village, Kakamega. This in addition to my other work as
> WITSA Director and Vice President (feel free to call me Mr Vice
> President), still serving my term on ICANN Nom-Com, on the Board
> of IFIP, Co-Chair of WITFOR busy preparing the next meeting in
> Vietnam 2009, Board Member at the ICC BASIS in Paris, etc. In
> WITSA I have to serve until after the 2012 World IT Congress in
> Canada - and that is renewable! You see, rearing goats does not
> exclude one from being busy. We need to meet over tea Bill,
> preferably in the village.
>
> Long live KENYA,
> Waudo
>
>
> On Mon, 14 Jul 2008 20:36:45 +0300, "Bill Kagai" <billkagai at gmail.com> sa
> id:
>
>  On Mon, Jul 14, 2008 at 7:57 PM, <[1]alkags at alkags.com> wrote:
>
>  I wonder if protectionist policies would enhance our global
>  competitiveness as a country in the larger scheme of things?
>
> Alkags,
> I have written too much (today), but kindly indulge me with this
> one last post I could not resist because it harbours on what I do
> for a living - information vending ;-)
> You know about Unilver Tea. Basic stats look like this...and
> another reason why you should subscribe to MediaCorp services
>
> NSE Sector
>
> Agricultural
>
>
>
> Company
>
> Unilever Tea
>
>
>
> Code
>
> UNLV
>
>
>
> Year Of
>
> 1925
>
>
>
> Year of Listing
>
> 1972
>
>
>
> Issued Shares
>
> 48,875,000.00
>
>
>
> Share Float
>
> 11
>
>
>
>
>
>
>
> All Time Low
>
> 36.00
>
>
>
> All Time High
>
> 130.00
>
>
>
> Market Capitalisation (Million)
>
> 2.26B
>
>
>
> Par Value
>
>
>
>
>
>
>
>
>
>
>
>
> Top 10 Shareholders
>
> Name
>
> %
>
> Shareholder1
>
> Brooke Bond Group Ltd. -
>
> 88.23
>
> Shareholder2
>
> Board of Trustees Of NSSF
>
> 2.94
>
>
> Shareholder3
>
> KCB Staff Pension
>
> 0.52
>
>
> Shareholder4
>
> UAP Provincial Insurance
>
> 0.33
>
>
> Shareholder5
>
> Old mutual life Ass
>
> 0.29
>
>
> Shareholder6
>
> BBK Nominees
>
> 0.27
>
>
> Shareholder7
>
> Co-op Bank Kenya
>
> 0.22
>
>
> Shareholder8
>
> BBK Nominees
>
> 0.22
>
>
> Shareholder9
>
> xxxx
>
>
>
> Shareholder10
>
> Ins Co. of East Africa
>
> 0.17
>
>
>
>
>
>
> Top10Total Shares
>
>
> 93.37
>
>
>
>
>
>
> Profit Before Tax (Year)
>
> [Million]
>
> Profit After Tax (Year)
>
> [Million]
>
> 2000
>
> 410.00
>
> 2000
>
> 450.00
>
> 2001
>
> 420.00
>
> 2001
>
> 220.00
>
> 2002
>
> 415.00
>
> 2002
>
> 130.00
>
> 2003
>
> 400.00
>
> 2003
>
> 60.00
>
> 2004
>
> 450.00
>
> 2004
>
> 370.00
>
> 2005
>
> 100.00
>
> 2005
>
> 70.00
>
> 2006
>
> 100.00
>
> 2006
>
> 60.00
>
> 2007
>
>
> 2007
>
>
>
>
>
>
> Earning Per Share
>
> Kshs
>
> Dividend PayOut
>
> Kshs
>
> 2000
>
> 9.20
>
> 2000
>
> 6.00
>
> 2001
>
> 4.60
>
> 2001
>
> 2.00
>
> 2002
>
> 2.50
>
> 2002
>
> 2.50
>
> 2003
>
> 1.30
>
> 2003
>
> 6.00
>
> 2004
>
> 7.40
>
> 2004
>
> 8.00
>
> 2005
>
> 1.40
>
> 2005
>
> 2.00
>
> 2006
>
> 1.10
>
> 2006
>
> 2.00
>
> 2007
>
>
> 2007
>
>
> P/E Ratio
>
>
>
>
> Bankers
>
> Barclay bank of Kenya,Citibank NA,Cooperative Bank
>
> Registrars
>
> Cooperative Bank Registrars
>
>
>
> My point
> Foreigners hold 88% of the company and thus in a position to make
> board decisions regardless of the African investors thinking
> after all..they holding only 12%. Some investors bought into this
> company at more than kshs 100 and when it ceased trading, shares
> were moving in the 40-45 range. The shares will be called back
> because the foreigners agenda is different and there intention is
> not to make money for the local investors. [Country of origin and
> Fair trade issues]. The local investors including NSSF, KCB
> pensioners and many more Wanjikus have been screwed.
> RVR is coming next.
> Joe is therefore really not far from the point...if Unilever
> lesson is anything to go by. We need a unified approach ...If you
> want to do business in Kenya...get Kenyan partner...is simply not
> enough...
> We need to get Kenyans in decision making positions also.
> PS. Regarding Flo's kind request to facilitate...
> Ownership of the process is what is critical. Locals should not
> only drive but own and ultimately be responsible for the
> direction they take. You have done well...but maybe...as Frank
> Sinatra would sing...its time for MY WAY.
> Ciao,
> Bill
>
> References
>
> 1. mailto:alkags at alkags.com
> People make a plan work, a plan alone seldom makes people work (Confucius).
>
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-- 
James M. Muendo
IT Consultant & Hardware Engineer
Timsoft Technologies & Solutions Ltd
P.O Box 28016 - 00200,
Nairobi.
Tel: 020- 2309126
Mobile: +254725567508 , 254733219008
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