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Kenya rated second to Nigeria in frontier investors’ survey

Discussion in 'Kenyan News and Politics' started by erfan, Jan 26, 2012.

  1. e

    erfan Member

    Jan 26, 2012
    Joined: Nov 20, 2011
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    Nearly half of international fund managers and investment bankers see Kenya as a top frontier investment market only second to Nigeria in Africa.A survey of 158 international investors conducted by the Economist Intelligence Unit (EUI) showed that 76 of them believed that Kenya offered the best prospects for institutional investors over the next five years, compared to 81 per cent who said Nigeria was better.

    The survey is set to attract renewed international investor interest critical to faster growth of the economy and recovery of the stock market, especially coming in the wake of massive sell offs last year when equities shed 28 per cent of their aggregate value.

    Shares of KCB, Equity Bank and Safaricom have been highly sought-after by international investors, who account for over two-thirds of turnover at the NSE on average.

    Results of the poll indicate that foreign investors could troop back in bigger numbers to the NSE to lift its overall performance as prospects in the US and Europe remain depressed.

    Source: Business Daily Africa
  2. M

    Meander Member

    Jan 26, 2012
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    Well done Kenyans!

    As the leading economy in the EA region you can demonstrate to the rest of countries in the EC on how to manage their economies. What is important for now is to ensure that the coming general election is run in a fair and transparent way.
  3. Ambrose Nshala

    Ambrose Nshala Member

    Jan 26, 2012
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    Tanzanians have to learn how to do it better to keep up with our fellows, I still believe Tanzania has a lot more to offer if well managed.
  4. bona

    bona JF-Expert Member

    Jan 26, 2012
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    good job kenyans, here in tanzania we are still struggling merely for having stupid leaders in spite of all the resources this country has, we have virtually everything the country could wish to have for it to develop, from minerals, fertile land, ocean, good weather, lakes and above all peace! i don know how can president of this county answer why this country is not developing and add salt to the wound this is a country that get the most aid from international community apart from war torn countries like iraq and somalia! its unbelievable!
  5. n

    nomasana JF-Expert Member

    Jan 26, 2012
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    now we talking.

    there is money to be made in kenya but there is a catch. you gotta have money in order to make money in Kenya. which is why the rich keep getting richer and the poor keep getting poor in kenya