Wazua
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NCC- Kanjo to Issue 100 yard Municipal Bond
Rank: Veteran Joined: 9/5/2007 Posts: 627
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I chuckled when I heard Kisia say that the problem with Kenyan councillors is that they dream and want to implement the next morning. Isn't he the one who is supposed to do the implementation?
My opinion is if CCN can be professionalised (a big if), and have serious professionals running the various committees rather than the useless councillors, then this bond can actually improve the lives of many Nairobians and prove to be very good investments for others!
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Rank: Member Joined: 9/29/2010 Posts: 679 Location: nairobi
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GoK cannot guarantee this bond..how will GoK honour a 100 yards default? NCC cant even pay salos so how will they honour coupons on this? surely!
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Rank: Elder Joined: 6/19/2008 Posts: 4,268
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Just killed my investment appetite..PAP!
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Rank: Elder Joined: 7/26/2007 Posts: 6,514
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There may even be investors claiming GHOST COUPONS!!  Business opportunities are like buses,there's always another one coming
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Rank: Veteran Joined: 11/29/2007 Posts: 948
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Wazua
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Investor
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Bonds
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NCC- Kanjo to Issue 100 yard Municipal Bond
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