We have to learn that jobs are not cast on stone, these are simple privileges to excise our services at a fee .... and as stated above workers cannot dictate, it happened to Telkom, Celtel, KDN, Airtel, MTNbusiness, Esso, Agip, shellBP, Caltex even Kenya Railways and now KK among others... as an employee one has to take serious lessons and learn from these.... save and have a plan for your future otherwise we shall always be crying niko na watoto wadogo, niko na loan, mortgage, naomba serikali etc...

Thank you for clarifying what I expect to see in (black) South Africa once this Euro crisis chews away jobs and folks realize they owned nothing but consumption.

The KK staff are exercising their democratic right...if their petition is water...the judge will pee on it and throw it away...just the way I can go to court and try and stop this takeover if Puma offers @Qw 10 bob..

In Kenya even watchies have access to arable land. Anyway, this is not where we come to be religious. Here we are businessmen & capitalists. It is well known the high level of sophisticated trade SA has with Europe & who owns the productive capital. Frankly, if my traditional mkts are shrinking and I lack a quick alternative, people are going to get fired as I reorganize things or deploy capital elsewhere. Simple.

Turns out some of the BEE folks are not the wananchi but the likes of connected individuals. When choosing a BEE partner, some firms were forced to go the 'political' route i.e. choosing political heavyweights or friends of politicians.

slow down on momentum...steadily rising supply against a not so strong demand... any purchase prior to March 23rd...3 months ago..is already at about 40% return on investment...that's hard not to cash in...

..a slight drop in price ain't so cool... psychological assumption it has hit ceiling..

..forget not profit warning. when do they announce results?

Many got shares through the BEE at discounted prices or through soft loans so the risk is minimal vs an 'external' investor. The BEE idea is a good one but it was misused as has happened with such 're-distribution' programs in most African countries including Kenya.

The euro zone crisis is affecting everyone even KK...in fact Kenya would be worst affected just look @ the aid component of the budget...look where CBR is and the debt to gdp figure (52% and rising)...there is little room for stimulation like in the previous crisis...oil @ $60/barrel...Turkana oil becomes less viable...this debts being incurred now will come home to roast...laugh @ Greece now...you might be next!!!

Kenya is way better off than Greece. If Germany dumps the Euro (or more likely) kick out Greece from the Euro then ka-boom for Greece.

I have asked myself why kenya can not buy crude reserves to last for a year now that crude is down and will rise again.