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East African Community
es espanol
#1 Posted : Wednesday, July 14, 2010 6:13:09 PM
Rank: Hello

Joined: 7/14/2010
Posts: 1
Location: Kenya
Kudos to the 5 gentlemen for the great talks they've had in the recent past.
There's alot of optimism in the region as far as trade is concerned. This is encouraging, especially when it is being said that kenyans are the one to benefit alot from this due to their 'aggressiveness'.
Whatever the term in quotes means, thats ok...but i know kenyans have alot of money texture in their blood.

But my concern is on the stock markets in the countries involved.

We have the Ugandan and Tanzanian stock exchanges...
...can someone shed some light into these stock markets; and, do investors stand a chance to gain from these stock markets...?

Being Informed Is The Best Defence An Investor Can Carry.
VituVingiSana
#2 Posted : Thursday, July 15, 2010 7:59:38 AM
Rank: Chief

Joined: 1/3/2007
Posts: 18,347
Location: Nairobi
@espanol - USE is open to Kenyans while DSE is not 'fully' open to Kenyans. Too many restrictions. I see NOTHING to change that for at least 2 years...
Greedy when others are fearful. Very fearful when others are greedy - to paraphrase Warren Buffett
the deal
#3 Posted : Thursday, July 15, 2010 10:44:26 AM
Rank: Elder

Joined: 9/25/2009
Posts: 4,534
Location: Windhoek/Nairobbery
StatMeister
#4 Posted : Thursday, July 15, 2010 11:03:37 AM
Rank: Veteran

Joined: 5/23/2010
Posts: 868
Location: La Islas Galápagos
@es, look up the two exchanges, as well as the Rwanda OTC aand you'll notice 2 things:

1. The total trades on them are something like 1 average counter on the NSE

2. Many of the counters listed there are NSE x-listed. You can just trade them here.

BTW, I assume you'll kenyan. If so, trading on DSE/USE means currency risk, i.e. you be watching both closing prices AND forex rates. Too much trouble for most retail investors
A bad day fishing is better than a good day at work
youcan'tstopusnow
#5 Posted : Thursday, July 15, 2010 11:40:00 AM
Rank: Chief

Joined: 3/24/2010
Posts: 6,779
Location: Black Africa
VituVingiSana wrote:
@espanol - USE is open to Kenyans while DSE is not 'fully' open to Kenyans. Too many restrictions. I see NOTHING to change that for at least 2 years...

Kwani the'yll never finish this 'ujamaa' foolishness even after the EAC union?
GOD BLESS YOUR LIFE
tkzee
#6 Posted : Thursday, July 15, 2010 12:17:14 PM
Rank: Member

Joined: 7/13/2010
Posts: 160
Location: rift Valley-Naks
youcan'tstopusnow wrote:
VituVingiSana wrote:
@espanol - USE is open to Kenyans while DSE is not 'fully' open to Kenyans. Too many restrictions. I see NOTHING to change that for at least 2 years...

Kwani the'yll never finish this 'ujamaa' foolishness even after the EAC union?


And am sure especially TZ won't be in a hurry.These brothers see Kenyans as nothing but trouble.Did you see the cartoon Gado drew after the EAC showing some kenyans on the TZ border carrying pluck cards and shouting ''haki yetu''.
''i can calculate the motion of heavenly bodies,but not the madness of people''-Isaac Newton
StatMeister
#7 Posted : Thursday, July 15, 2010 12:30:25 PM
Rank: Veteran

Joined: 5/23/2010
Posts: 868
Location: La Islas Galápagos
tkzee wrote:
youcan'tstopusnow wrote:
VituVingiSana wrote:
@espanol - USE is open to Kenyans while DSE is not 'fully' open to Kenyans. Too many restrictions. I see NOTHING to change that for at least 2 years...

Kwani the'yll never finish this 'ujamaa' foolishness even after the EAC union?


And am sure especially TZ won't be in a hurry.These brothers see Kenyans as nothing but trouble.Did you see the cartoon Gado drew after the EAC showing some kenyans on the TZ border carrying pluck cards and shouting ''haki yetu''.


Not without justification.

When EA Airlines was split between K, U & T, the spin-offs went into competition with one another.

End result, KQ has a very large fleet and is almost the national carrier for TZ. Its choking AT at the very least
A bad day fishing is better than a good day at work
VituVingiSana
#8 Posted : Thursday, July 15, 2010 12:43:26 PM
Rank: Chief

Joined: 1/3/2007
Posts: 18,347
Location: Nairobi
@statmeister - KQ went public (thank you IFC)... thus it had to make a profit... See how we savage the airline + management when there are losses like in 2009?

ATC is 100% GoT... what do you expect?
Greedy when others are fearful. Very fearful when others are greedy - to paraphrase Warren Buffett
StatMeister
#9 Posted : Thursday, July 15, 2010 1:33:36 PM
Rank: Veteran

Joined: 5/23/2010
Posts: 868
Location: La Islas Galápagos
VituVingiSana wrote:
@statmeister - KQ went public (thank you IFC)... thus it had to make a profit... See how we savage the airline + management when there are losses like in 2009?

ATC is 100% GoT... what do you expect?


KQ also got it right by parnering KLM (and the Sky Team Alliance)
A bad day fishing is better than a good day at work
young
#10 Posted : Thursday, July 15, 2010 3:58:14 PM
Rank: Elder

Joined: 6/20/2007
Posts: 2,074
Location: Lagos, Nigeria

For Kenyans
,
Ug & TZ now is what Kenya was ten years ago.
If there were business ideas or opportunities you missed in Kenya, when EAC charter is fine tuned and formalized, go for them .

For Non Kenyans but East Africans (Tz,Ug,Rw,Brd)

Tap from experience of Kenya and apply same to make progress.

Non East Africans Like Me

Time to position (stock market wise) on both Kenya and indegenous companies. Uganda is more ideal than Tanzania as they (Ug) are more foreigner's friendly,Irrespective of the recent bomb blast. Kenya has also faced bomb blast some years back.



The wazua spirit as members is to educate and inform and learn from others within the limit of what we know in any chosen area irrespective of our differences in tribes, nationalities, etc. .
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