@Ebenyo. I share your school of thought. I don't trust gava as a major shareholder. Infact I maintain that safcom and kcb are case studies. Whatever methods that are used in those 2 firms are working. It's very interesting why they are not plagued by the mediocrity, laissez-faire and corruption of of other gava firms and parastatals.
Don't let the titles elder and chief fool you were all learning. Even some who've been here a long time. I have watched with dismay as gava led firms have wiped out peoples portfolios here. No one can tell me otherwise. And it all boils down to corruption and how gava firms are managed. They don't really belong to anyone no one cares.
I'm also a long term investor and that's why I'm very sensitive on where I invest my money and my co- shareholders. Keep the wazua spirit burning.

Safcom should be in everyones portfolio at the right price, one day we'll get a chance

@murchr. If a firm doesn't pass the management test I don't even bother. I only Invest with managers I can trust.

I have clearly stated Kcb and saf are case studies. So Im wondering why they are examples.

Knre that was what I thought then. Never acted on it.

On saf. You pulled a thread from 2012,l. Wow. It was 4 years ago and I was a speculator. Do not know what I know now. Nothing to do with gava shareholding

Kcb. I clearly rationalised with facts and made a decision which I stand by even now.

Maybe I wasn't clear.
I would invest in Safaricom and and to a lesser extent kcb despite Gava holding because I think their management is sound. Thats what I meant they are case studies.
So it's not a blanket statement. There are very many non gava firms that I would also not touch coz of management.

Can you confidently relie on someone whose three quater of his annual budget is reccurent expenditure?
The other day Rotich presented a 2.1 trillion budget.1.3 trillion was expenditure.600 billion went to service debt interests.This person does not know how to invest and grow returns.Its just spend and borrow.Is that a reliable partner?

So now you are saying what I was saying from the beginning, its not just about gok ownership/partnership but management....Good.



This ^^^ kind of thinking is what you were supporting at first. But Its all good now

Im also in agreement.We should buy and hold safaricom,kcb and kenre.Meanwhile lets avoid kq,mumias,nbk,uchumi and eapc.Lets wait to hear from the 'Experts' about the discrepancies from the two groups.

Kenya Re good management and politics has been kept out of the company.
Precedence was set during NARC and opposition pre 2002 elections when the opposition led by Anyang Nyong'o blocked attempts to sell it cheap to Zimbabwe Re by the KANU government.
From then sky has been the limit for the company; where is Zimbabwe Re now.
Kenya Re is a shining reinsurer in African continent.
That is what happens when good people stand out against bad management.

Yes they do and it depends on which side of the mkate nusu the particular institution falls under.
E.g safaricom where gava owns 40% is majorly on the TNA side
TKL which has now just being taken over by Hellios and GoK owns 40% henceforth is on the URP side and that's why John Barorot has been appointed the CTO.
Now look at how the management of the two firms will be played out.
Same case applies to energy sector where Kengen is on the TNA side while KPLC is on the URP