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NSSF Eyes board seat in KCB and Bamburi
Ericsson
#1 Posted : Wednesday, June 27, 2012 8:09:12 PM
Rank: Elder


Joined: 12/4/2009
Posts: 10,702
Location: NAIROBI
Expect a rally in the two counters as NSSF seeks to mop up shares inorder to win a seat in the board of KCB and Bamburi.
Wealth is built through a relatively simple equation
Wealth=Income + Investments - Lifestyle
Ericsson
#2 Posted : Wednesday, June 27, 2012 8:14:38 PM
Rank: Elder


Joined: 12/4/2009
Posts: 10,702
Location: NAIROBI
http://www.businessdaily.../-/11yd9vg/-/index.html
Wealth is built through a relatively simple equation
Wealth=Income + Investments - Lifestyle
Sufficiently Philanga....thropic
#3 Posted : Wednesday, June 27, 2012 11:15:02 PM
Rank: Elder


Joined: 9/23/2010
Posts: 2,221
Location: Sundowner,Amboseli
There is nowhere in your link that talks about NSSF seeking a board seat at KCB, although if true, that's a sign of confidence on Roar!
@SufficientlyP
Cde Monomotapa
#4 Posted : Wednesday, June 27, 2012 11:30:09 PM
Rank: Chief


Joined: 1/13/2011
Posts: 5,964
Counter-balance the foreign ascent in our blue-chips please.
Ericsson
#5 Posted : Wednesday, June 27, 2012 11:53:01 PM
Rank: Elder


Joined: 12/4/2009
Posts: 10,702
Location: NAIROBI
Here is the link where NSSF wants a seat in the board of KCB
http://www.businessdaily.../-/grubw4z/-/index.html

http://www.businessdaily...06/-/ha619e/-/index.html
Wealth is built through a relatively simple equation
Wealth=Income + Investments - Lifestyle
madebe
#6 Posted : Thursday, June 28, 2012 9:44:34 PM
Rank: Member


Joined: 10/7/2010
Posts: 251
Location: nairobi
what is the benefit of NSSF being in any board?
they were accused by bamburi of not attending board meetings. and also look at their input in NBK. Only plus is that they require dividends to service pensioners and therefore they can force companies to pay dividends
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