<div dir="ltr"><div class="gmail_extra">I don't think you read the press release in its entirety. Basically the crisis was precipitated by the movement of funds by directors. Social Media came at the tail end of things to influence the bank run. It was however not to blame for the underlying problem of movement of funds from a bank without proper security. <br></div><div class="gmail_extra"><br><div class="gmail_quote">On Wed, Apr 13, 2016 at 8:59 AM, <span dir="ltr"><<a href="mailto:kictanet-request@lists.kictanet.or.ke" target="_blank">kictanet-request@lists.kictanet.or.ke</a>></span> wrote:<br><blockquote class="gmail_quote" style="margin:0 0 0 .8ex;border-left:1px #ccc solid;padding-left:1ex">Send kictanet mailing list submissions to<br>
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Today's Topics:<br>
<br>
1. Re: Bloggers and Social Media are not to blame for the Chase<br>
Bank crisis (Wangari Kabiru)<br>
2. Fwd: [AFRINIC-Announce] Call for Nominations for AFRINIC<br>
Board (Mwendwa Kivuva)<br>
3. Fwd: [Internet Policy] More on Internet access for all, and<br>
how to make it affordable (Barrack Otieno)<br>
4. DRAKE Agenda: The 30Billion .KE Ecosystem (DRAKE)<br>
<br>
<br>
----------------------------------------------------------------------<br>
<br>
Message: 1<br>
Date: Mon, 11 Apr 2016 09:41:02 +0300<br>
From: Wangari Kabiru <<a href="mailto:wangarikabiru@yahoo.co.uk">wangarikabiru@yahoo.co.uk</a>><br>
To: kictanet <<a href="mailto:kictanet@lists.kictanet.or.ke">kictanet@lists.kictanet.or.ke</a>><br>
Subject: Re: [kictanet] Bloggers and Social Media are not to blame for<br>
the Chase Bank crisis<br>
Message-ID: <<a href="mailto:qofl268axgmpm9ss1c1h8reo.1460353339876@email.android.com">qofl268axgmpm9ss1c1h8reo.1460353339876@email.android.com</a>><br>
Content-Type: text/plain; charset="utf-8"<br>
<br>
Happy Monday!<br>
<br>
I pray many have found their steps in the real world away from the social sphere even as this fiasco hits many of our families and institutions.<br>
<br>
Firstly, I wish to point out and assert that the BAKE Press Release might not be accurate. Even if attempting to prove that blogging/social media is a 'good guy' here, might be spreading an online falsehood which BAKE cites it is against by citing that no bloggers or social media users were beneficiaries.<br>
Unless the press release means that BAKE has already followed the food chain for the proceeds, has 100% verified that the cited direct beneficiaries are not/have not been bloggers in their own spheres and do not hold any social media presence - has verified with the individuals or the host companies.<br>
A tall order I suspect this would be!<br>
<br>
I would understand attempting to say social media as a tool did not go into the bank and cash out or make the leaders act as they might have or that the entity wasn't a direct participant.<br>
<br>
Secondly, the social media boasted and was largely credited for the Arab uprisings. The uprisings had many effects, many negative including loss of lives, economic turmoil, most of which is still felt today. Even in the midst of this, what was the social media given credits for? - Bringing democracy, 'giving the citizens a voice (platform)'.<br>
This means that groups of people may choose the side of the coin to glorify or cling to based on their interests.<br>
<br>
Thirdly, I would imagine that when the first cheque leaf was invented, some ingenious (yes, innovative) people deviced their own in the backstreets. Due to this, the real inventors had to go back and extra innovate measures to build confidence for verification of cheques.<br>
Social media is sitting in this space now and this cannot go on for too long. Where is the real, veri-checked, authentic information to be found? Even as you and I become sources of information in 'public journalism'.<br>
How to ascertain that the WApp press release or video message circulating as from CBK, from Chase Bank, from IG is for real or the real one. Please do not even refer to the official website...some may already have duplicates, diversions etc.<br>
<br>
This not addressed, the online space will continue to be viral yes, msema kweli to some, yet mostly viewed as venom ground, active users with many followers cited to be paid, thus shrouded with suspicion and this kills the confidence it should be breeding as a tool that is actually a sector.<br>
Yes, it gives Government agencies whose work is to govern and hold public interests a battle ground which CSOs will keep calling 'muzzling of freedoms'.<br>
<br>
Finally, it would be exciting to have a study done on the influence of social media on the financial services sector and most recent happenings. It would be great for the Central Bank of Kenya to run this from the government point.<br>
And since a meeting of minds on findings with CSOs may not happen at the onset, CSOs from the industry insider Kenya Bankers Association to internet champions ISOC KE, KICTANET, BAKE to consumer bodies COFEK may proactively run their own.<br>
<br>
As 'mattress banks' and 'maize granary banks' mushroom, definitely there has been an impact. Some lessons that may be leveraged upon, while others avoided or managed early.<br>
<br>
<br>
Have a well cushioned blessed week!<br>
<br>
Regards/Wangari<br>
<br>
<br>
<br>
On Apr 9, 2016 13:27, James Wamathai via kictanet <<a href="mailto:kictanet@lists.kictanet.or.ke">kictanet@lists.kictanet.or.ke</a>> wrote:<br>
><br>
> <a href="http://www.blog.bake.co.ke/2016/04/09/bloggers-and-social-media-are-not-to-blame-for-the-chase-bank-crisis/" rel="noreferrer" target="_blank">http://www.blog.bake.co.ke/2016/04/09/bloggers-and-social-media-are-not-to-blame-for-the-chase-bank-crisis/</a><br>
><br>
> "The continuous and sustained efforts to blame bloggers for the financial turmoil at Chase Bank cannot continue unabated. A statement from the Central Bank of Kenya (CBK) blamed bloggers stating ?Chase Bank Limited experienced liquidity difficulties, following inaccurate social media reports and the stepping aside of two of its directors.?<br>
><br>
> Nothing can be further from the truth. Chase Bank was put under receivership on 7th April, 2016 for liquidity challenges due to lack of integrity by the management. None of the top directors; the Chairman and the Chief Executive are bloggers. No blogger or social media user was the recipient of the huge loans the directors and staff of the bank gave themselves, against banking regulations."<br>
><br>
><br>
><br>
><br>
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Message: 2<br>
Date: Tue, 12 Apr 2016 12:38:46 +0400<br>
From: Mwendwa Kivuva <<a href="mailto:Kivuva@transworldafrica.com">Kivuva@transworldafrica.com</a>><br>
To: KICTAnet ICT Policy Discussions <<a href="mailto:kictanet@lists.kictanet.or.ke">kictanet@lists.kictanet.or.ke</a>><br>
Subject: [kictanet] Fwd: [AFRINIC-Announce] Call for Nominations for<br>
AFRINIC Board<br>
Message-ID:<br>
<<a href="mailto:CAEhPqwppMz4JgjTJmv80jt29W3GBaKB6Uz32wsp7Zrh3uQEU_w@mail.gmail.com">CAEhPqwppMz4JgjTJmv80jt29W3GBaKB6Uz32wsp7Zrh3uQEU_w@mail.gmail.com</a>><br>
Content-Type: text/plain; charset="utf-8"<br>
<br>
FYI<br>
______________________<br>
Mwendwa Kivuva, Nairobi, Kenya<br>
<a href="http://twitter.com/lordmwesh" rel="noreferrer" target="_blank">twitter.com/lordmwesh</a><br>
<br>
<br>
<br>
---------- Forwarded message ----------<br>
From: AFRINIC Communication <<a href="mailto:comm-announce@afrinic.net">comm-announce@afrinic.net</a>><br>
Date: 12 April 2016 at 10:16<br>
Subject: [AFRINIC-Announce] Call for Nominations for AFRINIC Board<br>
To: <a href="mailto:announce@afrinic.net">announce@afrinic.net</a><br>
<br>
<br>
Dear AFRINIC Member,<br>
<br>
NomCom2016 is please to announce that the AFRINIC Board Nomination process<br>
is open for the following seats:<br>
<br>
? Seat 1: Northern Africa (currently held by Haitham el Nakhal);<br>
? Seat 2: Western Africa (currently held by Sunday Folayan);<br>
? Seat 7: Non-geographical (currently held by Aminata Garba).<br>
<br>
- to serve a three-year term from July 2017 to June 2020.<br>
<br>
The Closure of the Candidate Nomination period is 20th April 2016 at 20:00<br>
UTC.<br>
<br>
Please see details at:<br>
<a href="http://afrinic.net/en/library/news/1677-call-for-nominations-for-afrinic-board" rel="noreferrer" target="_blank">http://afrinic.net/en/library/news/1677-call-for-nominations-for-afrinic-board</a><br>
<br>
On behalf of NomCom 2016<br>
<br>
<br>
<br>
<br>
<br>
<br>
<br>
<br>
<br>
<br>
_______________________________________________<br>
Announce mailing list<br>
<a href="mailto:Announce@afrinic.net">Announce@afrinic.net</a><br>
<a href="https://lists.afrinic.net/mailman/listinfo/announce" rel="noreferrer" target="_blank">https://lists.afrinic.net/mailman/listinfo/announce</a><br>
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Message: 3<br>
Date: Wed, 13 Apr 2016 07:18:45 +0300<br>
From: Barrack Otieno <<a href="mailto:otieno.barrack@gmail.com">otieno.barrack@gmail.com</a>><br>
To: KICTAnet ICT Policy Discussions <<a href="mailto:kictanet@lists.kictanet.or.ke">kictanet@lists.kictanet.or.ke</a>><br>
Subject: [kictanet] Fwd: [Internet Policy] More on Internet access for<br>
all, and how to make it affordable<br>
Message-ID:<br>
<CAKX6dsF3xpkHq=<a href="mailto:JGVrg-Czt4M3LcsC4NkS-zaJ0Qn_AAUm8PZw@mail.gmail.com">JGVrg-Czt4M3LcsC4NkS-zaJ0Qn_AAUm8PZw@mail.gmail.com</a>><br>
Content-Type: text/plain; charset="utf-8"<br>
<br>
Listers,<br>
<br>
This might be of interest as we work on connecting counties.<br>
<br>
Regards<br>
---------- Forwarded message ----------<br>
From: "Richard Hill" <<a href="mailto:rhill@hill-a.ch">rhill@hill-a.ch</a>><br>
Date: Apr 3, 2016 9:45 AM<br>
Subject: [Internet Policy] More on Internet access for all, and how to make<br>
it affordable<br>
To: <<a href="mailto:internetpolicy@elists.isoc.org">internetpolicy@elists.isoc.org</a>><br>
Cc:<br>
<br>
Here is an entirely different approach on how to fund Internet connectivity<br>
for all (but it isn't actually all that new or different from how we fund<br>
roads, electrical power distribution, water distribution, etc.):<br>
<br>
<a href="http://potsandpansbyccg.com/2016/03/31/another-municipal-model/" rel="noreferrer" target="_blank">http://potsandpansbyccg.com/2016/03/31/another-municipal-model/</a><br>
<br>
City officials in San Francisco recently issued a report that takes a very<br>
different stance than most other cities that are looking at broadband<br>
issues. The city essentially rejects the normal demand-based commercial<br>
model for broadband and looks at a new structure that will bring broadband<br>
to everybody.<br>
<br>
The report is authored by the office of supervisor Mark Farrell and reflects<br>
some of the recommendations from the San Francisco Municipal Fiber Advisory<br>
Panel. The report very correctly observes that today's commercial broadband<br>
model leaves a lot of citizens without broadband. Numerous nationwide<br>
surveys have shown that the majority of households without broadband access<br>
today feel they cannot afford the market prices for service.<br>
<br>
So the San Francisco report recommends that the City institute a $26 per<br>
month fee on all households - with a higher fee on businesses - to help pay<br>
for broadband to everyone. They further recommend a public private<br>
partnership model to operate the business and assume that tiered pricing<br>
will still allow for profitability for a commercial partner.<br>
<br>
<snip><br>
<br>
_______________________________________________<br>
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Message: 4<br>
Date: Wed, 13 Apr 2016 05:49:37 +0000<br>
From: DRAKE <<a href="mailto:info@drake.or.ke">info@drake.or.ke</a>><br>
To: Kictanet <<a href="mailto:kictanet@lists.kictanet.or.ke">kictanet@lists.kictanet.or.ke</a>><br>
Subject: [kictanet] DRAKE Agenda: The 30Billion .KE Ecosystem<br>
Message-ID:<br>
<<a href="mailto:f12adc82116eb3f0918f939dbbcd7b58a17.20160413054930@mail71.atl31.mcdlv.net">f12adc82116eb3f0918f939dbbcd7b58a17.20160413054930@mail71.atl31.mcdlv.net</a>><br>
<br>
Content-Type: text/plain; charset="utf-8"; Format="fixed"<br>
<br>
View this email in your browser (<a href="http://us10.campaign-archive1.com/?u=f12adc82116eb3f0918f939db&id=8bfd2438b3&e=bcd7b58a17" rel="noreferrer" target="_blank">http://us10.campaign-archive1.com/?u=f12adc82116eb3f0918f939db&id=8bfd2438b3&e=bcd7b58a17</a>)<br>
<br>
<br>
** Achieving the Kshs. 30 Billion Ecosystem<br>
------------------------------------------------------------<br>
<br>
Hallo and welcome to the Internet of things! The year is 1999 and the world is going to end!..or so it seemed. A lot has changed since 1999 and so has our agenda as the Domain Registrars Association of Kenya (DRAKE). We aim to grow the .KE ecosystem through the multi-stakeholder framework legally known as KENIC. (<a href="http://drake.us10.list-manage.com/track/click?u=f12adc82116eb3f0918f939db&id=c678c51e99&e=bcd7b58a17" rel="noreferrer" target="_blank">http://drake.us10.list-manage.com/track/click?u=f12adc82116eb3f0918f939db&id=c678c51e99&e=bcd7b58a17</a>)<br>
<br>
In 2017, The National Broadband strategy (<a href="http://drake.us10.list-manage.com/track/click?u=f12adc82116eb3f0918f939db&id=30aa4d071d&e=bcd7b58a17" rel="noreferrer" target="_blank">http://drake.us10.list-manage.com/track/click?u=f12adc82116eb3f0918f939db&id=30aa4d071d&e=bcd7b58a17</a>) will lapse and with our hardwork 1,000,000 + domains should have been registered. DRAKE has been formulating the .KE Ecosytem (<a href="http://drake.us10.list-manage.com/track/click?u=f12adc82116eb3f0918f939db&id=3c9e4df682&e=bcd7b58a17" rel="noreferrer" target="_blank">http://drake.us10.list-manage.com/track/click?u=f12adc82116eb3f0918f939db&id=3c9e4df682&e=bcd7b58a17</a>) and building a roadmap towards achieving a Kshs. 30Billion Ecosystem through value addition from the bottom up. In 2014, we kicked off the .KE automation drive that saw all our members adopt a click and pay approach to domain purchases. In 2015, through KENIC we saw the launch of #weareke a national brand awareness campaign.<br>
<br>
What Next?<br>
A million domains is no small feat,it needs a collective approach. We've broken down our engagement segments as below:<br>
1. Fund - Partner with DRAKE<br>
2. Community - Engage with DRAKE<br>
3. Government - Rollout with DRAKE<br>
4. Technology - Grow with DRAKE<br>
<br>
DRAKE's relevance to date would not be possible without our heroes and as such we appreciate the continuous support of:<br>
1. Cabinet Secretary - Joe Mucheru, Permanent Secretaries - Victor Kyalo & Sammy Itemere, Our Ambassadors at Government.<br>
2. Michael Katundu - An unsung hero of ICT in Kenya and a key DRAKE champion.<br>
3. Joe Sevilla - Strathmore University's IBiz Hub is not only The Home of the DRAKE but also our testbed for startup inclusion in the .KE Ecosystem.<br>
<br>
For more on our evolving agenda, talk to us and let's Build .KE Together!<br>
<br>
Kariba Moko - DRAKE Chair<br>
<br>
ICT CS Joe Mucheru<br>
Mr. Michael Katundu<br>
Joe Sevilla (Left)<br>
<br>
============================================================<br>
<br>
** (<a href="http://drake.us10.list-manage2.com/track/click?u=f12adc82116eb3f0918f939db&id=3b30ae4aeb&e=bcd7b58a17" rel="noreferrer" target="_blank">http://drake.us10.list-manage2.com/track/click?u=f12adc82116eb3f0918f939db&id=3b30ae4aeb&e=bcd7b58a17</a>)<br>
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End of kictanet Digest, Vol 107, Issue 25<br>
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</blockquote></div><br></div></div>