[kictanet] Commodity Exchange System - Revisited again

Wed Feb 20 18:51:47 EAT 2013

about the exchange

Dr Ndemo .... my friends and I are ready ...

to build a private one ... some of these things should be built papa hapa
.... na sisi :)

On Wed, Feb 20, 2013 at 5:12 PM, Phares Kariuki <pkariuki at gmail.com> wrote:

>  Isn't this what we have been saying for a while? That we need to make it
> easier to do business in Kenya. Period. The rest will sort itself out… ?
>
> On Wednesday, February 20, 2013 at 3:10 PM, Ali Hussein wrote:
>
> Robert
>
> Guess that horse did bolt..You know sometimes we are victims of our own
> trumpet blowing and thinking that we are the cream of the African Tech
> Space..May be we are but the fact is that we are not competing in the
> African space we are competing in the global space.
>
> A few days ago Dr.Ndemo alluded to the fact that we need to move beyond
> rhetoric on the list and actually do something about what is discussed
> here. Otherwise we will be confined to the dark spaces where critics reside
> without showing anything for it but rims and reels (bytes) of content about
> what others have done and have not done...
>
> A little bird told me that the investors of the East Africa Commodity
> Exchange did try to set up in Kenya but they found Rwanda more attractive.
> It is possible that the system is probably already built. It is also
> possible that the system isn't done. May be Paul can be in a better
> position to tell us.
>
> Robert, I found your email thread below very prophetic..Interesting how
> the power of retrospection can open up our eyes...What I also find
> interesting is that the founders of this exchange chose to set up in Rwanda
> but chose a Kenyan as its first CEO..
>
> Learnings...Cup half full? instead of half empty?
>
> My two cents
>
> *Ali Hussein*
>
> *CEO, 3mice interactive media ltd*
>
> *Partner, Telemedia Africa Ltd
> *
>
>
>
> Twitter: @AliHKassim
>
> Skype: abu-jomo
>
> LinkedIn: http://ke.linkedin.com/in/alihkassim<http://ke.linkedin.com/in/alihkassim>
>
> Blog: www.alyhussein.com
>
>
> On Wed, Feb 20, 2013 at 12:52 PM, robert yawe <robertyawe at yahoo.co.uk>wrote:
>
> Guess where Kokubo's next posting will be?
>
>
> Robert Yawe
> KAY System Technologies Ltd
> Phoenix House, 6th Floor
> P O Box 55806 Nairobi, 00200
> Kenya
>
> Tel: +254722511225, +254202010696
>   ------------------------------
> *From:* robert yawe <robertyawe at yahoo.co.uk>
> *To:* robertyawe at yahoo.co.uk
> *Cc:* KICTAnet ICT Policy Discussions <kictanet at lists.kictanet.or.ke>
> *Sent:* Thursday, 9 June 2011, 10:06
> *Subject:* [kictanet] Commodity Exchange System - Revisited
>
>
> Hi Listers,
>
> About 9 month ago (human gestation period) I mentioned the need for
> developers to start looking into the development of a futures exchange
> system and as always is with the village madman I was dismissed.
>
> On Wednesday 8th June 2011 the Capital Markets Authority advertised for a
> futures exchange system, rfp is open to both international and local
> vendors.
>
> Regards
>
> Hi,
>
> The National Cereals and Produce Board together with the East African
> Grain Council are working towards the creation of a commodity exchange to
> trade futures.
>
> This process is at an advanced stage which begun with a process called
> warehouse receipting and currently Equity Bank offers credit against the
> receipts.
>
> What does this have to do with us in the IT field?  When the Nairobi Stock
> Exchange tendered for the automated trading system (ATS) and more recently
> for the Broker Back-office System no local IT company made it past the 1st
> round.
>
> The fact that companies like Virtual City are winning international awards
> for systems development and others like PesaPal are receiving large direct
> foreign investments means that we do have the skills to develop world class
> solutions.
>
> This is an appeal to all ICT experts in the country to prepare ourselves
> to make sure that the grain exchange system is locally developed and we
> stop being spectators in our own country.  I know it is said that a prophet
> is never recognised in his own town, it is time we made this phrase
> redundant.
>
> NCPB and others are already shopping overseas for a solution so be warned
> that time is not in our hands and if we are to have an impact we need to
> move quickly.
>
> The proposed system is supposed to provide a trading platform, depository
> system, GIS for land information, settlement system, warehouse management,
> weather monitoring and seed planting information system (acreage, seed
> type, fertiliser, etc).
>
> Lets get off our high horses and put a together a world class solution for
> a local problem.  No tears after the horse has bolted.
>
> Useful links
>
>
> http://dn.nationmedia.com/DN/DN/2010/09/03/ArticleHtmls/03_09_2010_030_014.shtml
> http://allafrica.com/stories/200904271171.html
> <http://allafrica.com/stories/200904271171.html>
> http://www.ratin.net/mainfeature.asp?id=40
>  <http://www.ratin.net/mainfeature.asp?id=40>
> http://www.monitor.co.ug/Business/Smart%20Money/-/688614/899436/-/bypmdxz/-/index.html
> <http://www.monitor.co.ug/Business/Smart%20Money/-/688614/899436/-/bypmdxz/-/index.html>
> http://www.unctad.info/upload/SUC/LusakaWorkshop/WarehouseServicesKenya.pdf
> <http://www.unctad.info/upload/SUC/LusakaWorkshop/WarehouseServicesKenya.pdf>
>
> Robert Yawe
> KAY System Technologies Ltd
> Phoenix House, 6th Floor
> P O Box 55806 Nairobi, 00200
> Kenya
>
> Tel: +254722511225, +254202010696
>
>
>
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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,
>
> Phares Kariuki
>
> | T: +254 720 406 093 | E: pkariuki at gmail.com | Twitter: kaboro | Skype:
> kariukiphares | B: http://www.kaboro.com/ |
>
>
>
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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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