<html><body><div style="color:#000; background-color:#fff; font-family:times new roman, new york, times, serif;font-size:12pt">Brian, Listers,<br>It is,in my considered view,not bitter medicine.It is the right thing to do!<br><br>John Kariuki<br><div><span><br></span></div><div><br></div> <div style="font-family: times new roman, new york, times, serif; font-size: 12pt;"> <div style="font-family: times new roman, new york, times, serif; font-size: 12pt;"> <div dir="ltr"> <hr size="1"> <font face="Arial" size="2"> <b><span style="font-weight:bold;">From:</span></b> Brian Munyao Longwe <blongwe@gmail.com><br> <b><span style="font-weight: bold;">To:</span></b> ngethe.kariuki2007@yahoo.co.uk <br><b><span style="font-weight: bold;">Cc:</span></b> KICTAnet ICT Policy Discussions <kictanet@lists.kictanet.or.ke> <br> <b><span style="font-weight: bold;">Sent:</span></b> Wednesday, 28 August 2013, 14:54<br> <b><span style="font-weight:
bold;">Subject:</span></b> Re: [kictanet] How much is Telkom Kenya really worth? MPs say Kenya lost Sh30bn in Telkom deal<br> </font> </div> <div class="y_msg_container"><br><div id="yiv8316091454"><div dir="ltr"><div><div><div><div>Hi Ali,<br><br></div>This is a complex argument with many sides.<br><br></div>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.<br>
<br></div>Read more about Rwanda's experiences here: <a rel="nofollow" target="_blank" href="http://en.igihe.com/news/the-collapse-of-rwandatel-what-went-wrong">http://en.igihe.com/news/the-collapse-of-rwandatel-what-went-wrong</a><br><br></div>Best regards,<br>
<br>Brian<br></div><div class="yiv8316091454gmail_extra"><br><br><div class="yiv8316091454gmail_quote">On Wed, Aug 28, 2013 at 4:55 AM, Ali Hussein <span dir="ltr"><<a rel="nofollow" ymailto="mailto:ali@hussein.me.ke" target="_blank" href="mailto:ali@hussein.me.ke">ali@hussein.me.ke</a>></span> wrote:<br>
<blockquote class="yiv8316091454gmail_quote" style="margin:0 0 0 .8ex;border-left:1px #ccc solid;padding-left:1ex;"><div><div>Listers</div><div><br></div><div>The Telkom Kenya saga continues to 'fascinate' </div><div>
<br></div><div><span style="font-size:15px;line-height:19px;white-space:nowrap;"><a rel="nofollow" target="_blank" href="http://www.businessdailyafrica.com/MPs+say+Kenya+lost+Sh30+billion+in+Telkom+deal+/-/539546/1970470/-/item/0/-/cfsw31/-/index.html">http://www.businessdailyafrica.com/MPs+say+Kenya+lost+Sh30+billion+in+Telkom+deal+/-/539546/1970470/-/item/0/-/cfsw31/-/index.html</a></span><br>
<br><div><span style="font-family:Helvetica;font-size:medium;">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? </span></div><div><span style="font-family:Helvetica;font-size:medium;"><br>
</span></div><div><span style="font-family:Helvetica;font-size:medium;">What are these strategic assets that continue to remain in Telkom Kenya? </span></div><div><span style="font-family:Helvetica;font-size:medium;"><br></span></div>
<div><span style="font-family:Helvetica;font-size:medium;">My take is that the government is doing the right thing by stopping to send more money to the hemorrhaging former giant. </span></div><div><span style="font-family:Helvetica;font-size:medium;"> </span></div>
<div><span style="font-family:Helvetica;font-size:medium;">Ali Hussein</span></div><div><span style="font-family:Helvetica;font-size:medium;">CEO | 3mice interactive media Ltd</span></div><div><div style="font-family:Helvetica;font-size:medium;">
Principal | Telemedia Africa Ltd</div></div><div style="font-family:Helvetica;font-size:medium;"><br></div><div style="font-family:Helvetica;font-size:medium;">+254 713 601113/ 0770 906375</div><div><span><br></span></div><div>
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