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Fear on the Street: Inside the Stock Sell-Off
Rank: Chief Joined: 1/13/2011 Posts: 5,964
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The 51% stakes are not free and U being from SADC U should know more about Empowerment SPVs.
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Rank: Chief Joined: 1/13/2011 Posts: 5,964
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I hope that soon u'll have faith in urself that as a black person u can be a successful enterprenuer/capitalist/investor.
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Rank: Chief Joined: 1/13/2011 Posts: 5,964
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Zim's land reform has over 60K black producing more tobacco than what 4,000 white farmers did. If that isn't success, then I have no further comments.
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Rank: Elder Joined: 9/25/2009 Posts: 4,534 Location: Windhoek/Nairobbery
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Once again @Cde you out synch with the real Zim http://af.reuters.com/ar...s/idAFL6E7J22LJ20110802 I hate spoon feeding intellectuals like u...once again its sad to see a well educated African supporting an old crook like Mugabe...its a shame...
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Rank: Chief Joined: 3/24/2010 Posts: 6,779 Location: Black Africa
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the deal wrote:Why go far....how far is Kenya from a recession? I hope Zim is as great as you say @Cde i'm tired of seeing Zimbabweam roam our streets...i'm not xenophobic but they should go back...FYI SA companies run Africa. How would you feel if someone said "I am tired of seeing Namibians roam our streets... i'm not xenophobic" NKT! GOD BLESS YOUR LIFE
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Rank: Chief Joined: 1/13/2011 Posts: 5,964
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So which part of me saying Zim is coming out of its problems hence my oppurtunity is right there didn't U get? Since 09 agricultural acreage has been increasing y-o-y. That's why I am a process manager and u r an events manager.
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Rank: Chief Joined: 1/13/2011 Posts: 5,964
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Show me a country where its listed companies y-o-y turnover growth is in the upper double digits to triple digits in USD and I will recall my troops from Zim on Monday.
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Rank: Chief Joined: 1/13/2011 Posts: 5,964
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A country like Namibia has a white owned economy RUN by blacks and that makes U happy to be just a worker in ur own country @deal?
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Rank: Chief Joined: 1/13/2011 Posts: 5,964
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Cde Monomotapa wrote:A country like Namibia has a white owned economy RUN by blacks and that makes U happy to be just a worker in ur own country @deal? The Namibian Exchange is so illiquid coz the scrip is tightly held by the whites that U had to come all this way to invest in Kenya and u r most welcome.
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Rank: Elder Joined: 9/25/2009 Posts: 4,534 Location: Windhoek/Nairobbery
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Cde Monomotapa wrote:Show me a country where its listed companies y-o-y turnover growth is in the upper double digits to triple digits in USD and I will recall my troops from Zim on Monday. Hehehe maan this is becoming fun...what happened to the Zim Dollar? It was replaced by USD isnt it? That shows the old crook is a loser...if the Shilling becomes replaced by the USD is that success? Soon those companies you are talking about will be forced to cede 51% of their shares to the old crooks supporters...tell me where is hard work...entrepneurship...capitalism in that...apart from day light stealing...Zimbabweans are cowards for not throwing out the old crook...i salute the Egyptians...first it was Kenol Kobil being forced to partner with the old crooks supporters now its Trustco...its shame really to support such ideologies...
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Rank: Elder Joined: 9/25/2009 Posts: 4,534 Location: Windhoek/Nairobbery
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Cde Monomotapa wrote:Cde Monomotapa wrote:A country like Namibia has a white owned economy RUN by blacks and that makes U happy to be just a worker in ur own country @deal? The Namibian Exchange is so illiquid coz the scrip is tightly held by the whites that U had to come all this way to invest in Kenya and u r most welcome. Namibians should work hard to own or buy those shares...not expecting radical policies like the old crook Mugabe to aid them...Namibia has been independent for 21 years...so if Namibians do not own Namibia Breweries shares that is not a white mans problem...after all black Namibians have been advantaged threw laws such as affirmative action...what more do they need..
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Rank: Chief Joined: 1/13/2011 Posts: 5,964
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So what's wrong with Zimbos enjoying empowerment laws too? Through pension funds, insurance pools, empowerment SPVs.
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Rank: Chief Joined: 1/13/2011 Posts: 5,964
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And what's wrong with Zim abandoning its ccy for a more stable one in order to forestall a macro economic demise. Isn't that a wise move?
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Rank: Chief Joined: 1/13/2011 Posts: 5,964
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And whoever said those 51% stakes are free is a liar and has yet to read the Act. Probably read hog-wash from the media.
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Rank: Elder Joined: 9/25/2009 Posts: 4,534 Location: Windhoek/Nairobbery
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Cde Monomotapa wrote:So what's wrong with Zimbos enjoying empowerment laws too? Through pension funds, insurance pools, empowerment SPVs. What Zimbo's are you talking about? How many Zimbo's are in Nam...Bots or SA...the only people enjoying those benefits are the old crooks supporters...
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Rank: Chief Joined: 1/13/2011 Posts: 5,964
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For selfish reasons, me as an investor in that country would prefer as many empowered locals with lots of money buying products & services hence driving the economy than a few guys hoarding money.
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Rank: Chief Joined: 1/13/2011 Posts: 5,964
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@deal. If there was a vacancy in the cast of The Coconuts, u wouldn't even need to act. U'd be a natural  . Peace...
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Rank: New-farer Joined: 3/14/2011 Posts: 31 Location: Nairobi
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Nabwire wrote:Read my lips...rates will not go up in the US!!! At this rate, I should just place a $1,000 bet, go to www.bloomberg.com click markets, scroll down to key rates and check the Fed interest rates, they are on a downward trend. Unless you are talking about Libor. Cant believe we are having this convo, regardless of who the Fed chairman is, rates cant go up in a recession/depression, if they did the US would become worse than Zim. About QE, most people have the wrong impression that Wallstreet was bailed out or given free money. NO, Wallstreet firms were loaned money with interest, and most were basically managed by the government in terms of what they can or cant do, until they paid back their loans. Thats why majority of the firms paid up those loans chap chap to avoid Government scrutiny. The Federal gov made a profit off of QE, but ask the average American and they think Wallstreet was bailed out for free. Republicans perfected this lie. About rising up, that just sucks!!! I dont plan on rising up anytime soon since I rarely post, dont know who actually thinks its a good idea to dictate how much s'one can say according to rank. Just saying!!At this rate, I will not post again, im not used to working kienyeji like this, its a very bad idea to limit what pple can say coz of rank, who does that?? Ati Elder, I wanna be young forever. By the way keep bashing the US, utashangaa, I am very bullish on the US. After everything clears, China will be left holding debt on paper, watch this space. With that ciao, I'm not waiting another 50 mins to post!!
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Rank: Chief Joined: 1/3/2007 Posts: 18,223 Location: Nairobi
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Cde Monomotapa wrote:And what's wrong with Zim abandoning its ccy for a more stable one in order to forestall a macro economic demise. Isn't that a wise move? GASP!!! Is @cde saying that the WHITE MAN's currenncy is more stable than the great mugabe's toilet paper? NO, NO, NO... It cannot be true. Someone MUST have hijacked @cde's account on wazua! Let @wazua investigate this matter! "forestall a macro economic demise" - How can that be??? The great mugabe is all-knowing. After all only he had the foresight to buy a US$5mn house in Hong Kong for his daughter. He knew where his money is safe. Greedy when others are fearful. Very fearful when others are greedy - to paraphrase Warren Buffett
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Rank: Chief Joined: 3/24/2010 Posts: 6,779 Location: Black Africa
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VituVingiSana wrote:Cde Monomotapa wrote:And what's wrong with Zim abandoning its ccy for a more stable one in order to forestall a macro economic demise. Isn't that a wise move? GASP!!! Is @cde saying that the WHITE MAN's currenncy is more stable than the great mugabe's toilet paper? NO, NO, NO... It cannot be true. Someone MUST have hijacked @cde's account on wazua! Let @wazua investigate this matter!"forestall a macro economic demise" - How can that be??? The great mugabe is all-knowing. After all only he had the foresight to buy a US$5mn house in Hong Kong for his daughter. He knew where his money is safe.  GOD BLESS YOUR LIFE
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