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The Somali Securities Exchange
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Niglary
#1 Posted : Friday, August 10, 2012 12:56:11 AM
Rank: Hello


Joined: 8/3/2012
Posts: 8
Read in today's papers the NSE is planning to do a Somali stock market.
1.How will it benefit the Kenyan investor, positive or negative move?
2.Will it be based in Nairobi or Mogadishu in terms of operation?
Just asking the wise minds of wazuans. cheers all.
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sparkly
#2 Posted : Friday, August 10, 2012 7:51:46 AM
Rank: Elder


Joined: 9/23/2009
Posts: 8,083
Location: Enk are Nyirobi
That will literally be a fis and charcoal market
Life is short. Live passionately.
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tony stark
#3 Posted : Friday, August 10, 2012 9:06:58 AM
Rank: Veteran


Joined: 7/8/2008
Posts: 947
sparkly wrote:
That will literally be a fis and charcoal market


Ha ha ha! Somali is a gold mine both literally and figuratively.
Restoration and development is big business building somali, south sudan and northern Kenya is a big boon for Kenya.
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Kaka M
#4 Posted : Friday, August 10, 2012 10:44:02 AM
Rank: Member


Joined: 4/18/2011
Posts: 459
Somali "LIVE" Stock market, I think one of the industries that would thrive would be in livestock & Fisheries.
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VituVingiSana
#5 Posted : Friday, August 10, 2012 11:21:16 AM
Rank: Chief


Joined: 1/3/2007
Posts: 18,129
Location: Nairobi
So you buy shares in a Pirate Venture? I read the pirates/ransom is a business. The warias in US/UK fund the business! Google for the stories.
Greedy when others are fearful. Very fearful when others are greedy - to paraphrase Warren Buffett
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