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

Tue Jul 15 04:21:08 EAT 2008

Hi all,
It seems I have really stirred the hornet's nest by offering to facilitate a meeting. Ouch rather touchy here! I see. 
Just to clarify that I wasn't offering to make policy or even contribute to making one what I thought I was proposing is much like a football match's referee or lines man role afterall all I was offering was the role of an objective helper.   
Now that I see the great enthusiasm I therefore humbly withdraw this offer. 
Brian, Alex and all the rest of you I do sincerely wish you, the forum, etc  all the very best and thanks a million for your very kind words.  

Florence Etta
Co founder of KICTANet  

----- Original Message ----
From: Tim Rick <timrick at gmail.com>
To: florence.etta at gmail.com
Cc: KICTAnet ICT Policy Discussions <kictanet at lists.kictanet.or.ke>
Sent: Monday, 14 July, 2008 11:30:41 PM
Subject: [kictanet] Discipline & Ethics - Re: Legislation and Regulation for e-Commerce in Kenya

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:

  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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