Nop.Some gurus here cannot run a business while some business leaders have no idea how the stock market works.Theres a perfect balance out there.

Think IPO, Rights Issue, Dividends, Bond & their contribution to the economy

I thot the purpose of the bourse is to raise funds? Businesses simply raise funds and traders try to "profit" from it. Simple. So if everyone went ahead and started their own KCB, would there be business?

Another thing, people are different, there are those who are good starters - they can manage start-ups quite well, some of them cant handle big business thats why they sell their shares to the highest bidder who can take it to the next level.

The truth is at the stage of economic development that Africa is in - there is a greater need for business builders than for stock speculators. We already have an very small number of stocks on the NSE - we need entrepreneurs to grow businesses from scratch.

There's lots of good brains being lost in stock "investment" and speculation which would be better put to use.

This is also a big problem affecting the US for example where the smartest people stopped going to work for companies that produce things and create value but now head over to Wall Street to play around with tickers but not really add much value.

Stock trading is like playing a game of poker. It's not a value adding activity per se.

Value adding activity would be taking your money and starting a business that actually delivers value to the economy and perhaps eventually bringing that business to the public markets.

That means that you create jobs, create products/services and gain new skills which is what leads to true wealth generation for the country as a whole.