[kictanet] How much is Telkom Kenya really worth? MPs say Kenya lost Sh30bn in Telkom deal

[Philip Adar]

If you were to dig deep into the rot causes of situation with this
operator, you will notice that the problems is NOT the expatriates, but
rather the problem lies with us (Kenyans).


On Wed, Aug 28, 2013 at 2:54 PM, Brian Munyao Longwe <blongwe at gmail.com>wrote:

> Hi Ali,
>
> This is a complex argument with many sides.
>
> In my honest opinion I think Kenya should do what Rwanda did. Take the
> bitter medicine and kick out the "strategic investors" who continue to
> bleed the company with expensive expatriate salaries, fat expense accounts,
> exorbitant "management fees" and poor decision making and look for local
> solutions. As it is, the investors have failed miserably to deliver on the
> promises that won them the deal in the first place.
>
> Read more about Rwanda's experiences here:
> http://en.igihe.com/news/the-collapse-of-rwandatel-what-went-wrong
>
> Best regards,
>
> Brian
>
>
> On Wed, Aug 28, 2013 at 4:55 AM, Ali Hussein <ali at hussein.me.ke> wrote:
>
>> Listers
>>
>> The Telkom Kenya saga continues to 'fascinate'
>>
>>
>> http://www.businessdailyafrica.com/MPs+say+Kenya+lost+Sh30+billion+in+Telkom+deal+/-/539546/1970470/-/item/0/-/cfsw31/-/index.html
>>
>> Should the government continue to throw good money after bad? Or should
>> we cut our losses and let management/new owners sort out the mess?
>>
>> What are these strategic assets that continue to remain in Telkom Kenya?
>>
>> My take is that the government is doing the right thing by stopping to
>> send more money to the hemorrhaging former giant.
>>
>> Ali Hussein
>> CEO | 3mice interactive media Ltd
>> Principal | Telemedia Africa Ltd
>>
>> +254 713 601113/ 0770 906375
>>
>> "The future belongs to him who knows how to wait." - Russian Proverb
>>
>> Sent from my iPad
>>
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> The Kenya ICT Action Network (KICTANet) is a multi-stakeholder platform
> for people and institutions interested and involved in ICT policy and
> regulation. The network aims to act as a catalyst for reform in the ICT
> sector in support of the national aim of ICT enabled growth and development.
>
> KICTANetiquette : Adhere to the same standards of acceptable behaviors
> online that you follow in real life: respect people's times and bandwidth,
> share knowledge, don't flame or abuse or personalize, respect privacy, do
> not spam, do not market your wares or qualifications.
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-- 
Regards

Philip Adar
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