Ladies / Gents,
Let me take your queries one at a time.
@Mzee Vitu,
In Nigeria Ethiopian Airlines is more highly rated than KQ. This is due to the crash of 2000 of Nigerian bound KQ flight from Abidjan,and crash immediately after take off in 2007 in Cameroon.
As a policy if I am going to East Africa or even Kenya,I prefer to fly across Kenya to Addis before coming to Nairobi. We have not heard of bad records from Ethiopian.
@Kamaa
I was talking about investing in NSE not stockskenya. I am vertually two and a half years with stockskenya.
@Nwanachira
My confidence in Kengen is buttressed on the fact that :-
- The worst is over in terms of drought in Kenya
- We believe in Kenya plan to diversity into Geothermal energy rather than traditional hydro electric energy.
_ Bond is better than IPO as there is no share dilution.
- The rate of expansion and demand for electricity will bring sufficient profit to outweigh bond repayment on the long term.
- With a low of 9 Bob and a high of 18 bob,kengen is close to the bottom.
@mv ufansi
A stock broking firm I will recommend to use is the one I use Afrinvest West Africa Ltd.
www.afrinvestwa.com.
I know they have foreign investors and Nigerian investors in diaspora.
I recommend you talk to them and come to Nigeria yourself to invest. Since Nigerian is reputed to be full of con men,it is better you handle it directly yourself.
This the usual thing in African market. Be aware I had to travel to Nairobi to invest for the first time in Winsor based Faida Securities (Now Faida Investment Bank).
This is the best time to invest as the index is at its lowest ebb. In the banking sector I recomend (i) First Bank Nigeria Ltd Nigerian equivalent of KCB
(ii) Guaranty Trust Bank
AFRICAN INVESTOR
The wazua spirit as members is to educate and inform and learn from others within the limit of what we know in any chosen area irrespective of our differences in tribes, nationalities, etc. .