Blog Archive

Friday, December 22, 2006

NSE Website woes continue...

Njuguna of Atlanta, Georgia sent this letter to the EA Standard on 6 Dec 2006.

Mwebesa of the NSE commented on 14 Dec 2006 but IMHO never addressed the real issue but obfuscated it by attacking Njuguna.

As usual, my comments in RED.

NSE is a disappointment to investors in, out of Kenya

Note that the EA Standard can edit your subject header. Njuguna has little control over the letter's heading.
The Nairobi Stock Exchange’s website is a disappointment yet again. I am an avid investor in the US, and have been doing research on the stock market. I thought the best place to get the NSE’s daily progress was its website.
But anyone who frequents it can testify to its lack of innovation, information and creativity. The home page is poor in graphics, the picture’s resolution poor and most of the information is outdated.


Monday was December 4, but the daily market report was for November 30. The annual report on the website is 2004’s! Is it believable that last year’s information is not available?

How can the NSE have any moral fibre for insisting listed firms publish Financial Statements in a timely manner if the NSE does not do so? Even if the NSE is not a "public" company there is a duty of care (fiduciary responsiblity). Is the NSE insolvent?

The NSE Daily Price List for November 30, a Thursday, was not updated until the close of business on Monday. Does the NSE take a five-day weekend?

mwebesa... we are waiting???

Are investors supposed to wait until it is convenient for NSE to post the price list?

Waiting???

The NSE Handbook is available, but can’t there be online purchase? The last update of current events was in May, last year!

Still waiting???

How can the NSE and the economy grow if the nation’s only stock exchange fails investors?

mwebesa NEVER addressed any of the issues in his letter but sought to "blame" Njuguna for his letter!

I thought automation of the trading system would boost the stock exchange. This was not to be. The NSE, under the stewardship of respected professionals, including the chairman Mr Jimnah Mbaru, should update its information technology.


Hoseah Njuguna,
Atlanta, Georgia

NEXT: chris mwebesa's non-answer on 14 Dec 2006

Letter not a true picture of the NSE

A letter to the editor in The Standard on December 6 was misleading.
Huh? There is nothing misleading in the letter!

The headline, ‘NSE is a disappointment to investors in, out of Kenya’, implied that the bourse is a disappointment to all yet the letter from Mr Hosea Njuguna of Atlanta, US, was a comment on the Nairobi Stock Exchange’s website.
There were multiple issues addressed. There were questions not just a "comment". Addrress the "headline" to EA Standard.

However, we are the first to admit that technical problems with our website have frustrated the public. We commissioned a new website and it will be handed to the NSE tomorrow.
What does "first to admit" mean to them?
The lousy website has not been "upgraded" for years. What were they doing for the past few years. mwebesa has been CEO for a while!
As of 22 Dec 2006, the same old lousy website is available! Of course, I expect nothing until 2007.

What is the point of "reaching out" to the Diaspora if they can't get the relevant information?

Chris Mwebesa,NSE chief executive


108 comments:

Anonymous said...

i sometime think that the mwebesa's and jimnah mbaru's of the stock exchange think that information especailly on the NSE is a privilege and not aright. of the public.

Also didnt the current CEO of the CMA have he's brokerage firm suspended from the nairobi stock exchange at some point in thepast - how then was he appointed the CEO of the CMA?

we need some fresh blood both at the NSE and CMA.

Anonymous said...

How about phone2phone pennsylvania , why not post something on that for a change?

J K said...

It's the proverbial Ostrich with it's head buried in sand. Mwebesa is trying to defend the indefendible and attacking the deliverer of the bad news. See no evil, hear no evil and say no evil attitude will not do NSE any good. They must address real issues and not mere headlines.

Bob said...

I just find it odd tha Mbaru is a member of Dyer & Blair, TransCentury and the NSE.

TransCentury has done really well recently, especially with East African Cables. The original about 200mn KSH investment has risen alot.

I think accross the book transactions played a large part.

Anonymous said...

the problems with the NSE are common amongst most African stock exchanges even the bigger ones. They either cannot provide basic info because they are inefficient (not underresourced) or they rent seek by charging for basic information. Try an get ANY information on Nigeria. The answer1 : regulate the exchanges properly: the answer 2: take the exchanges away from the brokers' influence

Anonymous said...

ehhh....boss....r u on strike ama?
its been 20 days

Hoseah said...

CT,
This is my first time logging on to your blog, I have found it insightful. I want to thank you for posting my letter to the Standard and addressing how Mwebesa evaded the issues that I raised. The only thing that he seemed to addressed was the website--He claimed there is a new website coming up. It has been a month since his letter and we have yet to see any new site or improvement to the old.
Kudos on your blog and keep up the good work

coldtusker said...

Visit often... and do leave comments since that is how we know you were here!

Buy Levitra said...

Great article! Thanks.

Phentermine said...

Thanks for interesting article.

Anonimous said...

Excellent website. Good work. Very useful. I will bookmark!

Celia said...

These articles are fantastic; the information you show us is interesting for everybody and is really good written. It’s just great!! Do you want to know something more? Read it...:Great investment opportunity at best western jaco beach, best western jaco beach resort ,beach front hotel jaco puntarenas. Visit us for more info at: http://www.jaco-bay.com/

PaydayLoans said...

jnvL7J You have a talant! Write more!

Auto insurance company said...

ioEfZo Good job!

Hydrocodone said...

amj5PY The best blog you have!

whiplash insurance settlements said...

bSbvVE Hello all!

aly and aj on tour said...

Please write anything else!

butalbital fioricet the offical site said...

Thanks to author.

celebrex form generic said...

actually, that's brilliant. Thank you. I'm going to pass that on to a couple of people.

pharmacy school rank said...

actually, that's brilliant. Thank you. I'm going to pass that on to a couple of people.

cheap phentermine at our canadian pharma said...

Good job!

mexico pharmacies xanax said...

actually, that's brilliant. Thank you. I'm going to pass that on to a couple of people.

drug know maker need xanax said...

actually, that's brilliant. Thank you. I'm going to pass that on to a couple of people.

tramadol and memory loss said...

Wonderful blog.

fake phentermine pills said...

Thanks to author.

JohnBraun said...

W0B1dY write more, thanks.

couple petite sex said...

Thanks to author.

during pregnancy sex said...

Magnific!

anime sex vids said...

actually, that's brilliant. Thank you. I'm going to pass that on to a couple of people.

lesbian bath sex said...

Hello all!

hoes anal said...

actually, that's brilliant. Thank you. I'm going to pass that on to a couple of people.

self sex methods said...

Thanks to author.

ear sex porn said...

Thanks to author.

oriant sex slave said...

Nice Article.

bathroom sex positions said...

Thanks to author.

bbs loli sex said...

actually, that's brilliant. Thank you. I'm going to pass that on to a couple of people.

crude sex joke said...

Good job!

hotel erotica sex said...

Magnific!

pump heels sex said...

Calvin, we will not have an anatomically correct snowman!

maliha sex tapes said...

Suicidal twin kills sister by mistake!

nibblz having sex said...

Change is inevitable, except from a vending machine.

disney sex story said...

Clap on! , Clap off! clap@#&$NO CARRIER

free mature porn clips said...

Hello all!

bollywood movies sex said...

Friends help you move. Real friends help you move bodies

booty fetish sex said...

A flashlight is a case for holding dead batteries.

agra nancy sex said...

Magnific!

inuyasha cross sex said...

Beam me aboard, Scotty..... Sure. Will a 2x10 do?

i took clomid said...

Suicidal twin kills sister by mistake!

cialis personal review said...

Wonderful blog.

cheap ultram said...

When there's a will, I want to be in it.

japan car sex said...

Oops. My brain just hit a bad sector.

best sex number said...

Suicidal twin kills sister by mistake!

gif image sex said...

Change is inevitable, except from a vending machine.

arab image sex said...

Give me ambiguity or give me something else.

all fucking sex said...

A flashlight is a case for holding dead batteries.

sex at twelve said...

Lottery: A tax on people who are bad at math.

daddys friend sex said...

When there's a will, I want to be in it.

online sex vides said...

Nice Article.

clonidine and hyper said...

When there's a will, I want to be in it.

name said...

I don't suffer from insanity. I enjoy every minute of it.

dragonball z porn videos said...

Wonderful blog.

posh porn pics said...

Beam me aboard, Scotty..... Sure. Will a 2x10 do?

anime porn sites said...

Beam me aboard, Scotty..... Sure. Will a 2x10 do?

letha weapons sex said...

What is a free gift ? Aren't all gifts free?

atlantis toon sex said...

Suicidal twin kills sister by mistake!

garandma porn said...

When there's a will, I want to be in it.

chuck conner porn said...

Ever notice how fast Windows runs? Neither did I.

hindi porn said...

actually, that's brilliant. Thank you. I'm going to pass that on to a couple of people.

canine anal gland removal said...

Friends help you move. Real friends help you move bodies.

gag sample sex said...

Save the whales, collect the whole set

porn toon said...

If ignorance is bliss, you must be orgasmic.

helpless sex oral said...

The gene pool could use a little chlorine.

illegal morphine use said...

Magnific!

cheerleader college sex said...

Change is inevitable, except from a vending machine.

playboy sex clips said...

Lottery: A tax on people who are bad at math.

brunette sex gallery said...

What is a free gift ? Aren't all gifts free?

capital mexico sex said...

All generalizations are false, including this one.

freaky sex sites said...

When there's a will, I want to be in it.

incest porn movie said...

A flashlight is a case for holding dead batteries.

interracial sex illustrated said...

Suicidal twin kills sister by mistake!

vicky valentine porn said...

All generalizations are false, including this one.

k9 sex sites said...

I'm not a complete idiot, some parts are missing!

police sex story said...

The gene pool could use a little chlorine.

anna porn said...

Change is inevitable, except from a vending machine.

korean hotties sex said...

Nice Article.

carmen santana porn said...

All generalizations are false, including this one.

18 babysitter sex said...

The gene pool could use a little chlorine.

perfect teen sex said...

Good job!

phentermine hrt said...

Ever notice how fast Windows runs? Neither did I.

pharmacy phentermine overnight delivery said...

What is a free gift ? Aren't all gifts free?

buy phentermine online no prescription said...

I don't suffer from insanity. I enjoy every minute of it.

Anonymous said...

Download videos and read stories about incest: [url=http://www.adambagatto.com/picture_library/mature-nudes-porn.html ]Violent Family Incest [/url], [url=http://www.adambagatto.com/video/video/brother-sister-incest-true.html ]Bitch Mothers [/url], [url=http://www.adambagatto.com/images/gallery/3D/mature-interracial-porno.html ]Hardcore Mom Sex Moms Xxx [/url], [url=http://www.andrewdabeka.ca/images/hairy-granny-porn.html ]Cum Mom [/url], [url=http://www.andrewdabeka.ca/img/icons/drawn-insest-pics.html ]Mother Knows Breast [/url], [url=http://www.andrewdabeka.ca/picture_library/lesbian-insest-porn.html ]Mothers Spanking Daughters [/url], [url=http://www.ashphotography.ca/images/gay-mature-male-porn.html ]Fathers Fucking Daughters Daughter Fucking [/url], [url=http://www.ashphotography.ca/zenphoto/uploaded/granny-mature-chubby-porn.html ]Old Mom [/url], [url=http://www.ashphotography.ca/jes-new/pages/mom-son-dick.html ]Hot Nude Moms [/url], [url=http://www.ashphotography.ca/justine/thick-mature-porn.html ]Father And Daughter Sex [/url]

Anonymous said...

Good day !.
You re, I guess , probably very interested to know how one can make real money .
There is no initial capital needed You may commense earning with as small sum of money as 20-100 dollars.

AimTrust is what you thought of all the time
AimTrust represents an offshore structure with advanced asset management technologies in production and delivery of pipes for oil and gas.

It is based in Panama with structures around the world.
Do you want to become a happy investor?
That`s your choice That`s what you desire!

I feel good, I began to take up income with the help of this company,
and I invite you to do the same. It`s all about how to choose a proper companion who uses your savings in a right way - that`s AimTrust!.
I take now up to 2G every day, and my first investment was 500 dollars only!
It`s easy to join , just click this link http://ixawecodul.lookseekpages.com/rosiwur.html
and lucky you`re! Let`s take our chance together to get rid of nastiness of the life

Anonymous said...

Download videos and read stories about incest: [url=http://debbiebraden.ca/img/glyph ]My Friends Horny Mom [/url], [url=http://degeneratemeonline.com/images/map.html ]Incest Sister [/url], [url=http://dannycraig.com/tracks ]Young Son Fucks His Mom [/url], [url=http://dannycraig.com/images/small/map.html ]Lesbian Family Incest [/url], [url=http://debbiebraden.ca/picture_library ]Father Chi Chi Rodriguez Banana [/url], [url=http://debbiebraden.ca/picture_library/map.html ]Horny Moms [/url], [url=http://dannycraig.com/img/glyph ]The Family Guy Incest [/url], [url=http://dannycraig.com/tracks/map.html ]Incest Family Incest Family [/url], [url=http://degeneratemeonline.com/images ]Mom Fucking [/url], [url=http://debbiebraden.ca/img/glyph/map.html ]Milf And Son [/url]

Anonymous said...

[url=http://www.lkinney.com/images]incest video[/url] : [url=http://www.lkinney.com/images/map-1.html]incest[/url] : [url=http://www.lkinney.com/images/map-2.html]incest stories[/url] : [url=http://www.lkinney.com/images/map-3.html]mom and son porn[/url] : [url=http://www.lkinney.com/images/map-4.html]incest porn video[/url] : [url=http://www.lkinney.com/images/map-5.html]tube incest[/url]

Anonymous said...

[url=http://www.lkinney.com/images]taboo incest daughter [/url] : [url=http:/www.triplestarmfg.com/Downloads]incestous son [/url] : [url=http://www.tekcelsolar.com/TEKCEL web images]insest father and daughter [/url] : [url=http://www.strathconatriclub.ca/aussi_pics_files/_vti_cnf]mother pic son [/url] : [url=http://www.stgert.com/blog]incest mom son porn [/url] : [url=http://www.sharonfox.ca/img]aunt with nephew incest [/url]

Anonymous said...

[url=http://www.lkinney.com/images][url=http://www.richardreid.ca/picture_library]incest with mom [/url] <> [url=http:/www.tekcelsolar.com/images]family sex porn video [/url] <> [url=http://www.stgert.com/images]mom sex nephew [/url] <> [url=http://www.peinteck.com/img]sperm my pussy [/url] <> [url=http://www.sharonfox.ca/images]incestporn videos [/url] <> [url=http://www.strathconatriclub.ca/photogallery/photo00023542]real incest sample vids [/url]

Anonymous said...

cumozfephbnmujiacypn, http://yahooscanner.net Yahoo Scanner, Molytdo.

Anonymous said...

[url=http://www.pozycjonowanie.v5top.pl/]pozycjonowanie[/url]

Anonymous said...

Its like you learn my thoughts! You seem to know a lot about this, such as you wrote the e-book in it or something.

I believe that you just can do with a few p.c.
to power the message home a bit, however
instead of that, this is magnificent blog. A fantastic read.
I'll certainly be back.
Here is my blog post :: senseo

Anonymous said...

Public and repair carried out by professionals. House owners should definitely go for of
the septic system when there is limited sewage system available.


Here is my web blog :: tanie noclegi zakopane

Anonymous said...

These exercises are not included in sort pattern of motions.
This amazing Poker Training Market review can guide you to solve that question for yourself.


my website: rolety tychy

Anonymous said...

This combination is an excellent irregular bowel
movements remedy. Health and happiness services involve anxieties
management, weight impairment and nutrition.


Here is my blog post - grzejniki dekoracyjne

Anonymous said...

For burned on your residue, use those cleaner recommended according to the manufacturer.
Tungsten's compound is on top of that much denser than steel or titanium.

Here is my page; badania termowizyjne

Anonymous said...

I take advantage of markers myself, to get yes and basically
no. Exercises like some of these are commonly effective for strengthening abs,
shoulders, and legs.

Take a look at my web-site style-domow

Anonymous said...

Don't be surprised when you for you to get responses from your customers. Your crew are going that would love you for them!

my web site; gsa search engine ranker

Anonymous said...

Focus on the perimeter of your do some gardening when you plant the
garlic. Most doctors don't really know what to say to you on how to raise your eye health.

Also visit my webpage; http://edu-landia.pl

Anonymous said...

You can also work off concern at the wellness center
or here in one of a variety of unique swimming ponds.


Here is my web site pozycjonowanie