Money Markets

Kenyans harvest billions from telecom investments

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Rising interest in local telecom market offers owners chance to make lucrative exits  

By Kui Kinyanjui  (email the author)
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Posted  Friday, September 11  2009 at  00:00

The situation has forced most private companies to turn inward and ask shareholders to inject cash (like Essar and Zain), while their listed counterparts - Safaricom and Access Kenya - have the option of pursuing an IPO or listing a bond.

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