12/09/2007

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Jimnah Mbaru, Amos Kimunya and Nairobi Stock Exchange


Almost every Stock Broker in Kenya is agreed that the sale of Safaricom shares should wait until next year due to the obtaining political temperature, and the fact that ODM has raised some cardinal points that the courts must clear.

But Amos Kimunya and Jimnah Mbaru are determined that they must sell Safaricom before the close of the year! Honestly, is there something that the two know that most Stock Brokers do not know?

Do you remember that even the Safaricom MD, Mr. Michael Joseph is of the opinion that the sale can be done next year!

I suspect faul play here, and Kenyans must now make the necessary noise to stop the two agents from auctioning what is Kenyan. They sold Kenya Re against all the protests, and now, they want to sell Safaricom. They had tried with KenGen also and they failed.

The sale of Blue Chip State Cooperations under the Kibaki watch must be reversed immediately in the next political dispensation.

I bet if the move is honest, it can still be done with Raila in the presidency.

Odhiambo T Oketch
Komarock Nairobi



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