obiero wrote:currently the govt has sixty percent stake in kenya re. why wld it shoot itself by kickin out mandatory concessions. ama they have a plan
As far as I can remember the government doesn't care much about the firms it invests in. Here are examples of companies where the goverment has a stake yet some decisions taken by the goverment or its agencis are not in the best interest of the firms:
1) Safaricom - despite the government having a good chunck of shares, the CCK bring controversial anti-monopoly rules.
2) KQ - some ground in JKIA (old Embakasi if I recall clearly) give to a private investor yet KQ needed it for parking/servicing of its planes.
3)KCB - you already know of the Triton case.
4) KENGEN - finally tarrifs were adjusted but you already know how long it took.
5) KPLC - At the moment it is not a monopoly but better watch out if they become the controlling shareholders. Those mpigs in the spirit of helping the "mwananchi" may just curtail its profitability.
I can go on and on but the bottom line is when you invest with the goverment, just remember that the goverment's primary motive is not to profit - they will talk of levelling the praying field, helping "wanjiku" etc.
Time is money, so money is time. Money saved is time gained in reverse! Money stores your life’s energy. You expend your energy, get paid money, and store that money for a future purchase made in a currency.