In the past weeks, alot of propaganda has been spread across the country that ODM presidential candidate Hon.Raila Odinga has caused the stock exchange(NSE) to loose its value, infact according to the BBC radio report its purpoted to have lost more than one Billion Dollars!What is amazing is how this barons fail to tell the public how Raila as a person can manage to this!
As always, i expected this NSE executives to come out and show Kenyans what is the reason behind the decline in the NSE value, but instead they left the Role to another imbezile oldman to come out with wild allegations and questioning whether Hon Rasila is a communist!.
Clearly this is meant to paint Raila as not fit to lead the country.
Its common knowledge that stocks all over the world are not doing well and Kenya is no exception, infact currently major banks in the US are planning to bail out some of their companies which are struggling as a result of debts.
As a young Kenyan, i will not sit down and watch as one community runs Kenyas wealth(literally into their pockets).For instance its common knowledge that the prices in the NSE are manipulated to fit a certain cartels interest!
For example the EACables shares were languishing in the basement and were even at risk of being suspended from the NSE, but as soon as a certain group of "foreign investors" bought into the shares nof the said company everything went a buzz.The prices started rising till the shares were split!Tell me, who was the beneficiacy here?
-Was the price of EAcables justified?
-Are the price determining factors controlled?
-Who determines the price?
How are ordinary Kenyans protected from the sudden change in prices?
How are stock brokers regulated?
The CMA the regulating body slept on the job till they were woken up by the thunderious sudden collapse of GT and partners.
How safe are the ordinary investor?
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