Telkom Kenya is not this cheap sign petitin...

http://www.petitionspot.com/signature/TELKOMKENYA

Dear Members

The Kenyan government is in the process of looking for an investor to buy off 40% of Telkom Kenya shares. The current bidders which they say is the highest is giving 5.6Billion Kenya Shillings. This is an amount which we, stakeholders in the IT sector in Kenya feel is less than the amount the corporation can fetch when privatised.

This makes us think that the best way the Kenyan government can sell the corporation at the right price is by listing it in NSE. It would be good for

the strategic National interest for Telkom Kenya to remain in the hands of Kenyans and only around 8% shares be sold to a foreign investor or a maximum of 10%. Why should we be selling all our state corporations to foreigners.

We cannot allow this and must stand up to this. Telkom Kenya is a very vital corporation which must either remain in the hand of Kenyans or be sold to individual of corporate Kenyan investors but not what is currently happening. Why is the government not ready to list telkom Kenya in the bourse? What is the rush to sell to an outsider.

We must never allow this. Please click the following link and sign the petition. We must never allow Telkom Kenya to be owned that much by foreigners. 40% is just too much. Please sign the petition http://www.petitionspot.com/signature/TELKOMKENYA.

Please dont let your country down. We must never allow Telkom Kenya to go that far at that less amount. Its just too cheap.

Robert Alai Onyango
IT Stakeholder Kenya