[kictanet] {Disarmed} Re: [NewVisionKenya] Fwd: [africa-oped] Bulk of KenyanWealth Owned by Foreigners
bitange at jambo.co.ke
bitange at jambo.co.ke
Sun Jun 22 11:01:14 EAT 2008
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®
-----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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