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Safaricom & Equity Should float ADR's
caesar
#1 Posted : Friday, May 15, 2009 8:24:00 PM
Rank: Member


Joined: 5/25/2007
Posts: 149
For Kenyan markets to develop to the next level,leaders should encourage Safaricom,Equity to float international ADR's Either in the UK,US,Germany and South Africa.

This will make the country easier to analyse thus open avenues for FDI.


Gordon Gekko
#2 Posted : Saturday, May 16, 2009 2:40:00 PM
Rank: Elder


Joined: 5/27/2008
Posts: 3,760
Sasa wataingia Alternative Dispute Resolution kufanya nini? But seriously why go that far? Shouldn't they first list on J'burg,Cairo,Lagos or even Mauritius?
caesar
#3 Posted : Monday, May 18, 2009 1:07:00 PM
Rank: Member


Joined: 5/25/2007
Posts: 149
Here is South Africa companies with 10 floated ADR's in the US

http://www.epicfn.com/tradestation/RSAADR.html

Our companies are as good. We need visionaries leading our country and institutions.

This will give the Business world a barometer of the Kenyan market making it easier for international investors to value companies without going through alot of Financial gymnastics.

What happened to McKinsey consultants analysis on the Safaricom ADR. To develop we have to make big steps
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