I think the article in the Business Daily today (pg 10-11) makes a lot of sense. The valuations for Grand Regency that are being bandied about by the politicos are completely off.<br><br>Considering that the the Lonrho Group of hotels (5 different distinct units) - consisting of The Norfolk, Mt Kenya Safari Club, The Ark, Aberdare Country Club and Mara Safari Club - we *all* sold for a total of Kshs. 2billion. Getting 3.1 billion (or 2.9B after forex issues) is quite a steal for Grand Regency.<br>
<br>We are clearly witnessing a witchhunt over here .... nevertheless with great power comes great responsibility.... time will tell<br><br>B<br><br><div class="gmail_quote">On Thu, Jul 3, 2008 at 7:58 AM, Alex Gakuru <<a href="mailto:alex.gakuru@yahoo.com">alex.gakuru@yahoo.com</a>> wrote:<br>
<blockquote class="gmail_quote" style="border-left: 1px solid rgb(204, 204, 204); margin: 0pt 0pt 0pt 0.8ex; padding-left: 1ex;">Did the pipeline matter end to cast the first stone?<br>
<div class="Ih2E3d"><br>
--- On Wed, 7/2/08, Shem Ochuodho <<a href="mailto:shemochuodho@yahoo.com">shemochuodho@yahoo.com</a>> wrote:<br>
<br>
> From: Shem Ochuodho <<a href="mailto:shemochuodho@yahoo.com">shemochuodho@yahoo.com</a>><br>
</div>> Subject: Re: [kictanet] Fwd: Bulk of KenyanWealth Owned by Foreigners<br>
> To: <a href="mailto:alex.gakuru@yahoo.com">alex.gakuru@yahoo.com</a><br>
<div class="Ih2E3d">> Cc: "KICTAnet ICT Policy Discussions" <<a href="mailto:kictanet@lists.kictanet.or.ke">kictanet@lists.kictanet.or.ke</a>><br>
</div>> Date: Wednesday, July 2, 2008, 8:30 AM<br>
<div><div></div><div class="Wj3C7c">> I hope PS Ndemo is/has been watching the proceedings in<br>
> Parliament (re Hon. Kimunya Censor Debate re Grand Regency,<br>
> Safaricom IPO, Telkom Kenya, etc!!!).<br>
><br>
> Shem<br>
><br>
> --- On Sun, 6/29/08, wesley kiriinya<br>
> <<a href="mailto:kiriinya2000@yahoo.com">kiriinya2000@yahoo.com</a>> wrote:<br>
><br>
> From: wesley kiriinya <<a href="mailto:kiriinya2000@yahoo.com">kiriinya2000@yahoo.com</a>><br>
> Subject: Re: [kictanet] {Disarmed} Re: [NewVisionKenya]<br>
> Fwd: [africa-oped] Bulk of KenyanWealth Owned by Foreigners<br>
> To: "Shem Ochuodho"<br>
> <<a href="mailto:shemochuodho@yahoo.com">shemochuodho@yahoo.com</a>><br>
> Cc: "KICTAnet ICT Policy Discussions"<br>
> <<a href="mailto:kictanet@lists.kictanet.or.ke">kictanet@lists.kictanet.or.ke</a>><br>
> Date: Sunday, June 29, 2008, 8:30 AM<br>
><br>
><br>
><br>
><br>
><br>
><br>
> "...Way forward, mobilize resources the Transcentury<br>
> way and buy out all that which is owned by foreiners. <br>
> They did not steal what they own. They simply caught us<br>
> napping."<br>
><br>
> Mmmhhh makes me wonder about this Grand Regency thing. And<br>
> many other things.<br>
><br>
> --- On Sun, 6/22/08, <a href="mailto:bitange@jambo.co.ke">bitange@jambo.co.ke</a><br>
> <<a href="mailto:bitange@jambo.co.ke">bitange@jambo.co.ke</a>> wrote:<br>
><br>
> From: <a href="mailto:bitange@jambo.co.ke">bitange@jambo.co.ke</a> <<a href="mailto:bitange@jambo.co.ke">bitange@jambo.co.ke</a>><br>
> Subject: Re: [kictanet] {Disarmed} Re: [NewVisionKenya]<br>
> Fwd: [africa-oped] Bulk of KenyanWealth Owned by Foreigners<br>
> To: <a href="mailto:kiriinya2000@yahoo.com">kiriinya2000@yahoo.com</a><br>
> Cc: "Kazi Afrika"<br>
> <<a href="mailto:kaziafrika@googlegroups.com">kaziafrika@googlegroups.com</a>>, "KICTAnet ICT<br>
> Policy Discussions"<br>
> <<a href="mailto:kictanet@lists.kictanet.or.ke">kictanet@lists.kictanet.or.ke</a>><br>
> Date: Sunday, June 22, 2008, 11:01 AM<br>
><br>
> Although in telcom sector the law requiores local<br>
> partnership, what the research<br>
> is telling us is not a problem but an opportunity that we<br>
> must take advantage<br>
> of. The Tea estates referred to here have changed hands<br>
> several times. It is<br>
> therefore<br>
> imperative that when they float them, we shall mobilize<br>
> resources to<br>
> buy them out.<br>
><br>
> It is not enough to complain and leave the issue to die.<br>
> There is need to<br>
> educate our people that in a capitalist economy, there are<br>
> exit routs to pride<br>
> ourselves with ownweship of our properties. Some advamced<br>
> countries own far<br>
> less than 31 percent of their assets.<br>
><br>
> We are fortunate that the investment bug has hit Kenya if<br>
> Safaricom IPO is<br>
> anything to go by. Unless we want to radically change our<br>
> economic orientation<br>
> with respect to ownership, which I know it is not possible,<br>
> there is nothing to<br>
> fuss about.<br>
><br>
> Way forward, mobilize resources the Transcentury way and<br>
> buy out all that which<br>
> is owned by foreiners. They did not steal what they own.<br>
> They simply caught us<br>
> napping.<br>
><br>
> Ndemo<br>
><br>
><br>
> Sent from my BlackBerry®<br>
><br>
> -----Original Message-----<br>
> From: Shem Ochuodho<br>
> <<a href="mailto:shemochuodho@yahoo.com">shemochuodho@yahoo.com</a>><br>
><br>
> Date: Fri, 20 Jun 2008 07:05:27<br>
> To: <<a href="mailto:bitange@jambo.co.ke">bitange@jambo.co.ke</a>><br>
> Cc: Kazi Afrika<<a href="mailto:kaziafrika@googlegroups.com">kaziafrika@googlegroups.com</a>>;<br>
> KICTAnet ICT Policy<br>
> Discussions<<a href="mailto:kictanet@lists.kictanet.or.ke">kictanet@lists.kictanet.or.ke</a>><br>
> Subject: {Disarmed} Re: [kictanet] [NewVisionKenya] Fwd:<br>
> [africa-oped] Bulk of<br>
> Kenyan<br>
> Wealth Owned by Foreigners<br>
><br>
><br>
> _______________________________________________<br>
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> <a href="mailto:kictanet@lists.kictanet.or.ke">kictanet@lists.kictanet.or.ke</a><br>
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</div></div>> <a href="http://lists.kictanet.or.ke/mailman/options/kictanet/shemochuodho%40yahoo.com_______________________________________________" target="_blank">http://lists.kictanet.or.ke/mailman/options/kictanet/shemochuodho%40yahoo.com_______________________________________________</a><br>
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</div>> This message was sent to: <a href="mailto:alex.gakuru@yahoo.com">alex.gakuru@yahoo.com</a><br>
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</blockquote></div><br><br clear="all"><br>-- <br>Brian Munyao Longwe<br>e-mail: <a href="mailto:blongwe@gmail.com">blongwe@gmail.com</a><br>cell: + 254 722 518 744<br>blog : <a href="http://zinjlog.blogspot.com">http://zinjlog.blogspot.com</a><br>
meta-blog: <a href="http://mashilingi.blogspot.com">http://mashilingi.blogspot.com</a>