[quote=the deal]Game over for Safaricom http://businessdailyafri.../-/15fhf47/-/index.html[/quote]


The CCK is out of its depth. I doubt that the directive to switch of fake mobile phones is within their mandate. This is a case of attempted legislating 'on the fly'. There is an agency that deals with counterfeits and that agency is not the CCK. No law allows either of the two government agencies to order around mobile providers with regard to use of counterfeit phones. The order is even more ridiculous when you consider that it has cost implications. The Anti-counterfeit agency is admitting failure as is the Kenya Bureau of standards - in execution of their mandates to protect the economy and the consumer from traders of counterfeited products. The honourable thing is for the bosses of those two bodies to be send packing. This is especially important when you consider that the trade extends to drugs and alcoholic beverages. The economy will continue to suffer if the watchdogs go to sleep and expect the goat to catch the thief.

Build your cash reserves. US economic recession is a foregone conclusion, time to print some more $$$, the whole EU is looking to Germany to bail out the rest of Europe under the EU else it's a economic crash there and Kenyans are facing relentless inflation, weak KES, spiraling energy & production costs, huge import & county bills, political uncertainty regarding the Hague, an upcoming election - more KES inflation & political uncertainity etc

Just build your cash reserves and buy value when the day is darkest.

I doubt KQ ever got to 160. They have also never done a split. This is not a fish market brother realtreaty.

Quote from Motley fool
" To be a successful stock-market investor, you need courage and bravery. You need to take leaps of faith. The best time to buy shares is when the news is bad, the economy is struggling, and there are no lights at the end of the tunnel. That's when shares are at their cheapest.

The great investors always have belief, as doom and gloom gives them the opportunity to buy great companies at cheap prices. If you wait for the recovery, you've waited too long. Have faith, and don't you be the person who makes the classic mistake of buying only when prices are high.

My strategy is to continue to drip-feed money into this terrifying market. If you are disciplined and contribute regularly to a low-cost index tracker, in the medium to long term, you should be rewarded.

Be brave... and buy cheap shares. You know it makes long-term, Foolish sense."

never ever listen to your broker..unless he advises you not to buy or sell but to hold