Companies with poor management or those that have leadership who put personal growth before the companies growth (ex. companies in which Government has a hand i.e. through ownership, board or subsidiary ownership) might be sold off during this difficult time.
However, I still feel the sell off will be on low volume only due to end of year and minor cash flow issues. The blue chips for the most part shall remain stable.. Sales are still growing and so is the market remember that guys, East Africa is one of the only places left. We may be down but were definitely not out!
I think by FEB next year we shall see steady growth into elections and past. How much more are we gonna crash? Were already down 25++ % the shilling is down 10++%%%. So if were down almost 40% and our sales, market, spending power, GDP is still increasing I think we gotta hang in there!!! By Feb next year I see a cautious but more optimistic uptrend which will last for many many years.