@Evolve

Everyone says so. I feel the long haul might just turn out to be a couple of months, so I have to be in now.

Tanzania is bure kabisa. I went there (DSE) & they would rather stay without biashara then have Kenyans.

I wanted to buy shares in a Bank but the price was too high using any metric. There was potential but only if you could buy at a lower price.

Offers at MAX (e.g. 11/-) price. Plenty of Offers.
ZERO bids on the Board. NADA. SUFURI.
I told the broker to bid at 10% less (9/-) which was the minimum. Even at 9/- it was too expensive so I bid for only 1,000 shares. I was willing to buy many more at 8/- or so.

Broker refused to bid... Told me ati, it is 'manipulation'... I said BULLSHIT... There are NO bids... If they want to sell they will sell... kwani? I am forcing them to sell?

Ultimately, I walked out... and I have NEVER looked at the lousy DSE again!

BTW, you can only buy certain shares... Kenyans can't buy TBL, BAT (T), etc...

Some time later, the price of the shares of the Bank I wanted to buy dropped like a rock... BURE KABISA...

You might be correct about market correction, except KCB. You will have to add MSC, it has overheated

@Horton - The hassles of opening a business in Tanzania are way more than Kenya. BTW, those 'margins' are not as high after you consider the costs of getting the goods.

In Kenya, because we have a larger market... we can get stuff in cheaper than Tanzania (yes, the competition helps). I think at least 30% of the goods sold in Arusha come from Kenya. Even higher as you go towards Mwanza.

A Zambian told me that Blue Band is very, very popular in Zambia & it comes all the way from Kenya!

Using my model i hav predictd the index to fall by 25 - 30 points on close of business today. As it dawns on people a minor correction is in place ....