Many Kenyans would relate the expression “being in the right place at the right time” with J. J. Kamotho. The Mathioya MP has always been in the right political party at the right time, which has guaranteed him consecutive parliamentary seats in the “Kamotho-hostile” Central Kenya.
No ones talks of Mr. Jimnah Mbaru or—if you would like—the Kenyan Warren Buffet. The gentleman has excelled at investment banking, and has transformed the Nairobi Stock Exchange from an exclusive elite club to a money machine for the masses.
Mr. Mbaru has succeeded at the backdrop of successive problems with Kenya’s political class. For instance, the 1980s saw Moi’s administration takeover Mbaru’s banks in the name of streamlining the banking industry. Those actions were undertaken by non other than Professor George Saitoti, the then Minister of Finance. The disappointed Mbaru kept his cool and concentrated on nurturing Dyer and Blair Stockbrokers LTD. He had just acquired the firm from the Kenya Commercial Bank at a cost of KShs. 400,000. The rest is an epic success story: The little Dyer and Blair Company is now a "billion-shilling" investment banking business.
In 2002 general elections, Mbaru tried to apply his investment banking know-how to bring some common sense to Kenya’s political scene. But who was Mbaru to join Kenya’s well knitted political class? His candidacy was snatched and given to one of their own. That event turned to be a déjà vu all again. The disappointed Mbaru kept his cool and went back to his Dyer and Blair Investment Bank. He soon became the NSE chairman. The bourse has broken several records during his tenure.
Jimnah Mbaru: Africa’s own Godfather of Investment Banking and another reason to Kujivunia kuwa mkenya.
Subscribe to:
Post Comments (Atom)
19 comments:
i beg to differ abou jimnah mbaru - i think while he has done alot for the stock exchnage i think most of what he has done is based on he's personall benefit at a pace of which he presonally can acrue the most benefit - ther is much moe than can be done @ the stock exchange thats not been done - as for innovation in iinvestment banking i think u need to look at what people have done outside kenya - in south africa,nigeria(considering the environment there those guys are on another level), zimbabwe even zambia - africas godfather of investment banking - nope.
alot of the innovations that we think are new like ATS abd CDSC have been in place in nigeria for quite a while
http://www.nigeriabusinessinfo.com/nse
Its unlikely that Jimnah Mbaru was in bad books when he bought D & B from KCB for a song. That said, there is nothing unusual with the opening up of the NSE to the masses. Its happening the world over in this era of discount online brokers. Call it the internet super highway revolution. With so much liquidity, credit and capital inflows into Kenya, this was bound to happen with/without regime change.
"Africa" - LOL....
There are many more who have done more...
BTW, Warren Buffett is NOT an Investment Banker... even though he "ran" Salomon Brothers for a wee bit...
i still think Jimnah Mbaru would do better than Maina Kamande in terms of development.
Jimnah Mbaru has done alot to develop the capital markets in the region.Oh yes has also helped to nurture investment banking in the country, though,gradually.He has done alot to deepen the nairobi stock exchange and for that he deserves kudos.The problem with us is that we have a low opinion of ourselves such that when one stands out to be counted, the omly thing we do is to bring them down and talk ill.hey, tujivunie!
Granted the gentleman has done a lot. However, if you operate in the capital markets in kenya, you mwill realize that the NSE is a private members club. How do you explain that Old Mutual with a bid almost double the size of the second bidder did not get the much coveted seat?
aaaaahh the old mutual question! got knocked out on a technical issue. and more so when you say the stock market is ran by a private members club and it should be diversified, the fat cat in that club is ...old mutual.. so! Jimnah has done what needed to be done.. and achieved more than that.. someone says the environment has presented itself....nope! otherwise uganda, tanzania and some of our other good neighbours would be MILES AHEAD if it were for the environment.. and yes.. small fish (me for example) have made a shilling or two... thanx to Mbaru
Hi !.
You re, I guess , probably very interested to know how one can reach 2000 per day of income .
There is no need to invest much at first. You may begin to receive yields with as small sum of money as 20-100 dollars.
AimTrust is what you haven`t ever dreamt of such a chance to become rich
AimTrust incorporates an offshore structure with advanced asset management technologies in production and delivery of pipes for oil and gas.
Its head office is in Panama with offices everywhere: In USA, Canada, Cyprus.
Do you want to become a happy investor?
That`s your choice That`s what you really need!
I`m happy and lucky, I started to get income with the help of this company,
and I invite you to do the same. It`s all about how to select a proper partner utilizes your savings in a right way - that`s AimTrust!.
I take now up to 2G every day, and my first deposit was 1 grand only!
It`s easy to join , just click this link http://ynabenuli.easyfreehosting.com/pejaly.html
and lucky you`re! Let`s take this option together to feel the smell of real money
Good day !.
might , perhaps curious to know how one can manage to receive high yields .
There is no need to invest much at first. You may begin earning with as small sum of money as 20-100 dollars.
AimTrust is what you thought of all the time
AimTrust incorporates 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 everywhere: In USA, Canada, Cyprus.
Do you want to become a happy investor?
That`s your chance That`s what you desire!
I`m happy and lucky, I began to take up real money with the help of this company,
and I invite you to do the same. If it gets down to choose a proper companion who uses your money in a right way - that`s the AimTrust!.
I earn US$2,000 per day, and what I started with was a funny sum of 500 bucks!
It`s easy to start , just click this link http://ahybypije.angelcities.com/ezoqusix.html
and lucky you`re! Let`s take our chance together to become rich
Hello !.
You re, I guess , probably curious to know how one can reach 2000 per day of income .
There is no initial capital needed You may begin earning with as small sum of money as 20-100 dollars.
AimTrust is what you need
AimTrust incorporates 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 an affluent person?
That`s your chance That`s what you desire!
I feel good, I began to get income with the help of this company,
and I invite you to do the same. It`s all about how to select a correct partner who uses your savings in a right way - that`s AimTrust!.
I take now up to 2G every day, and what I started with was a funny sum of 500 bucks!
It`s easy to join , just click this link http://osykyquf.lookseekpages.com/jidesyv.html
and lucky you`re! Let`s take this option together to get rid of nastiness of the life
Hi !.
You re, I guess , perhaps very interested to know how one can reach 2000 per day of income .
There is no initial capital needed You may start to get income with as small sum of money as 20-100 dollars.
AimTrust is what you need
The firm 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 offices around the world.
Do you want to become really rich in short time?
That`s your chance That`s what you really need!
I`m happy and lucky, I started to get income with the help of this company,
and I invite you to do the same. If it gets down to choose a proper partner utilizes your savings in a right way - that`s AimTrust!.
I take now up to 2G every day, and what I started with was a funny sum of 500 bucks!
It`s easy to start , just click this link http://apamicih.o-f.com/izawyqi.html
and lucky you`re! Let`s take this option together to get rid of nastiness of the life
Hello !.
You may , probably very interested to know how one can collect a huge starting capital .
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.
Its head office is in Panama with offices around the world.
Do you want to become really rich in short time?
That`s your choice That`s what you really need!
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 correct companion who uses your savings in a right way - that`s the AimTrust!.
I take now up to 2G every day, and what I started with was a funny sum of 500 bucks!
It`s easy to start , just click this link http://azulolegi.lookseekpages.com/usisotur.html
and go! Let`s take this option together to feel the smell of real money
Good day, sun shines!
There have been times of hardship when I felt unhappy missing knowledge about opportunities of getting high yields on investments. I was a dump and downright pessimistic person.
I have never imagined that there weren't any need in big initial investment.
Nowadays, I'm happy and lucky , I started to get real money.
It gets down to choose a proper partner who uses your money in a right way - that is incorporate it in real deals, parts and divides the profit with me.
You may ask, if there are such firms? I'm obliged to tell the truth, YES, there are. Please get to know about one of them:
http://theblogmoney.com
Undeniably believe that which you said. Your favourite
justification appeared to be at the net the easiest thing
to bear in mind of. I say to you, I definitely get annoyed at
the same time as other people consider issues that they just don't understand about. You managed to hit the nail upon the top as well as outlined out the entire thing with no need side effect , other folks can take a signal. Will likely be again to get more. Thank you
Also visit my webpage ... click through the next document
Its like you read my thoughts! You seem to grasp so much about this, such as
you wrote the book in it or something. I believe that you just can do with a few %
to pressure the message home a bit, but other than that,
that is fantastic blog. A great read. I will definitely be back.
Here is my blog post; tao of badass
Simply desire to say your article is as astounding. The clarity in your
post is simply nice and i can assume you're an expert on this subject. Fine with your permission let me to grab your feed to keep up to date with forthcoming post. Thanks a million and please continue the rewarding work.
Check out my webpage :: free movies porn on line
What's up, I wish for to subscribe for this webpage to take most recent updates, thus where can i do it please help.
my web site asian pussi sex
Can you tell us more about this? I'd like to find out more details.
My weblog: http://www.pornoblack.org/big-mama-blows-like-hell
Post a Comment