Lipstick on a pig. Nothing has changed. If not today then tomorrow. Good luck.

Stick to your goals.As long as you are getting what you want its fine.Change when things are not going your way.Above all LEARN daily.it will be fine with you.

Management & GoK's influence.Except for KenRe I stay away from GoK firms. It's a gut feeling. I may be wrong. It's not like Safcom (run by Vodafone) where it's the only choice in a rapidly growing sector. I have choices like Equity, NIC, I&M, StanChart, BBK, Co-op, etc. For obvious reasons I don't have NBK on the list. Good luck!

After losing money in KQ, any firm in which GoK has a significant stake needs to be looked at twice. Perhaps my "fear of GoK" is irrational but so far it has saved me lots of money post-KQ. EAPCC vs Bamburi (even ARM > EAPCC). NBK vs any listed bank. The list is long but includes Uchumi, KPLC and KenGen. There's always an undercurrent that concerns me. Inflated tenders, political godfathers, favored appointments, etc.

I have explained why I stick with KenRe in other threads BUT a whiff of stink and I will bail.

The saving grace for KCB is its TBTF status and GoK/KCB will step in to protect it by bending the rules or offering equity/loans.

But I like to sleep at night.

I agree with you Obiero
GoK influence in safaricom is much greater than in KCB- and kenya re

@vvs
TBTF means what

I disagree on level of GoK influence being higher in safaricom than GoK. Reason being Vodafone has by far a greater influence (CEO and CFO are vodafone appointees). Why? Because in safaricom, GoK is the second largest shareholder after vodafone and that is why vodafone are calling the shots. Meanwhile at KCB, GoK is the largest shareholder followed by NSSF. So GoK calls the shots here, including all top management. My view is therefore that GoK has a greater influence at KCB than at safaricom.

That said I also disagree with @vvs on staying away from GoK firms (except Kenya Re). There are a few more GoK firms that are worth investing in.