[kictanet] Calling Rates - Airtel to de-list Celtel

Andrea Bohnstedt andrea.bohnstedt at ratio-magazine.com
Tue Feb 22 11:21:52 EAT 2011


Robert, I think it was you who (erroneously ) started talking about
Zimbabwe.

Then, stock market performance doesn't have anything to do with the
percentage of retail/small shareholders as such. Have you had a look at what
percentage of shares on the LUSE is held by institutional investors vs
retail investors, and done the same for the other stock markets that you
list?

Like Facebook says: It's complicated.

On 22 February 2011 09:14, robert yawe <robertyawe at yahoo.co.uk> wrote:

> Hi,
>
> The best performing "stock exchange in Africa" was Zambia as its index rose
> more than 12 per cent while the second best monitored by African Alliance
> was Botswana (BSE DCI) at 8.3 per cent up and Nigeria (Nig ALSI) rose 7.5
> per cent.
>
> Year to date, the NSE (Nairobi Stock Exchange"  20-share index was down
> 16.5 per cent. At the end of January this year, the index had fallen 0.7 per
> cent before this accelerated as the year entered its second month.
>
>
> http://www.businessdailyafrica.com/Corporate+News/NSE+loses+as+investors+look+for+markets+with+lower+valuations/-/539550/1112294/-/157a31i/-/
>
> <http://www.businessdailyafrica.com/Corporate+News/NSE+loses+as+investors+look+for+markets+with+lower+valuations/-/539550/1112294/-/157a31i/-/>
> Sorry to ask McTim, what sources did you base your conclusion that the
> Zambians cannot afford to buy shares in any company?
>
> Regards
>
> Robert Yawe
> KAY System Technologies Ltd
> Phoenix House, 6th Floor
> P O Box 55806 Nairobi, 00200
> Kenya
>
> Tel: +254722511225, +254202010696
>
>
> ------------------------------
> *From:* McTim <dogwallah at gmail.com>
> *To:* robert yawe <robertyawe at yahoo.co.uk>
> *Cc:* KICTAnet ICT Policy Discussions <kictanet at lists.kictanet.or.ke>
> *Sent:* Fri, 18 February, 2011 18:05:12
>
> *Subject:* Re: [kictanet] Calling Rates - Airtel to de-list Celtel
>
> On Fri, Feb 18, 2011 at 5:56 PM, robert yawe <robertyawe at yahoo.co.uk>
> wrote:
> > They currently have shares in the company and Airtel wants to buy them
> off,
> > thats why.
>
> I seriously doubt there are many folk in Zim (or Zambia) that can
> afford to buy stock in any company, given the economic reality in Zim.
>   Corrupt politicians and the kleptocracy, certainly can afford
> shares.
>
> > PS.  Do you have an issue with us indigenous mortals?
>
> Only when they steal from their brothers and sisters with impunity.
>
> --
> Cheers,
>
> McTim
> "A name indicates what we seek. An address indicates where it is. A
> route indicates how we get there."  Jon Postel
>
>
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-- 
Andrea Bohnstedt <http://ke.linkedin.com/in/andreabohnstedt>
Publisher
+254 720 960 322

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