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MERGE THESE COMPANIES
There are couple of firms in the NSE that have common ownership and management.It doesnt make sense to list them separately because the shareholders suffer double costs of extra layers of management and listing costs.I have the following in mind:
Unilever Tea and Limuru Tea
Unilever holds the majority stake in Limuru Tea.They share top management.Limuru Tea is small(600,000 outstanding shares).Why not swap Limuru Tea's shares with Unilever and merge Limuru Tea into Unilever? George Williamson and Kapchorua
George Williamson holds the controlling stake in Kapchorua.Save the Kapchorua minorities money and shuffle them into George Williamson.
TribalismI now see that as a nation Kenya is more tribalistic today than when MOI left in 2002.People dont talk about their political inclinations on an ideological or Economic perspective but rather on the basis of tribe or and religion. SHAME ON YOU TRIBALISTIC KENYANS.You deserve the leaders you get.