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edward njoroge - new nse chairman
chi20
#1 Posted : Wednesday, April 29, 2009 1:06:00 PM
Rank: Member

Joined: 10/24/2008
Posts: 223
the said agm takes place tomorrow. the incubent chairman,one wangunyu could be on his way out. ideally,there are proposals to replace him with non - players in the sector,since previously the seat was a preserve of the ceos of the investment banks and brokege firms. other senior directors,both executive and non-executive could as well bid kwaheri.

as with the madness with the stock market,this could trigger up the prices on the first two days of trading next week. a likelyhood.

but my main question is,who are the shareholders of the nse. could individual investors qualify into this coveted forum.



mwana wa kahii. . . . .
cxz
#2 Posted : Wednesday, April 29, 2009 6:04:00 PM
Rank: Member

Joined: 2/5/2007
Posts: 126
james wangunyu has resigned
just saw it on KBC news @9pm. no reason given

And now edward njoroge - new nse chairman

'A stone is heavy,and the sand weighty; but a fool’s wrath is heavier than them both.' (Proverbs 27:3).
Mainat
#3 Posted : Wednesday, April 29, 2009 6:39:00 PM
Rank: Veteran

Joined: 11/21/2006
Posts: 1,590
and the deputy. kuna kitu. labda ni pressure ya UK

www.mjengakenya.blogspot.com
Sehemu ndio nyumba
PONDI
#4 Posted : Wednesday, April 29, 2009 8:50:00 PM
Rank: Veteran

Joined: 5/8/2007
Posts: 885
which 3 brokers will be on conditional licenses?

He who laughs last thinks slowest..
Sober
#5 Posted : Wednesday, April 29, 2009 9:16:00 PM
Rank: Elder

Joined: 11/27/2007
Posts: 3,604
What should we expect?

A likely impossibility is always preferable to an unconvincing posibility.
African parents don't know how to say sorry.. the closest you will get to a sorry is a 'have you eaten'
Tusker Baridi
#6 Posted : Thursday, April 30, 2009 2:45:00 AM
Rank: Member

Joined: 12/9/2006
Posts: 186
What good is this resignation if his relpacement will just be another thief? What NSE needs is some serious competition. Let the govt licence another burse,move all its stocks from NSE to the new burse and list all future privatisations with the new burse as well. That is the only thing that will move these thieves from stealing from retail investors,everything else is just window dressing.
faa
#7 Posted : Thursday, April 30, 2009 5:04:00 AM
Rank: Member

Joined: 5/8/2007
Posts: 709
Probably the deputy,Bob Karina and also the owner of faida investment bank will be the new chairman

yayo
semasema
#8 Posted : Thursday, April 30, 2009 5:50:00 AM
Rank: Member

Joined: 3/28/2009
Posts: 15
He is perceived to be friendly to Raila. Elections are on today.
FundamentAli
#9 Posted : Thursday, April 30, 2009 6:10:00 AM
Rank: Veteran

Joined: 11/4/2008
Posts: 1,289
Location: Nairobi
They did not resign. Their term came to an end and they decided not to seek re-election.

Fundamentals + Sentiments = Position
TAZ
#10 Posted : Thursday, April 30, 2009 6:53:00 AM
Rank: Elder

Joined: 11/14/2007
Posts: 4,152
Semasema...

Wangunyu's Niece is Raila's daughter-in-law (Fidel's wife)....but i dont think that played any role in the latest developments.

Wangunyu hasn't resigned he is retiring after the end of his tenure and will not be offering himself for re-election.


life is too short to blend in
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