As the DULY elected president of Kenya, Kibaki did what he is constitutionally mandated to do. HE took the oath to protect Kenya’s constitution and her people and he has just done that but reminding Obama of the internationally accepted diplomatic boundaries.
So are we back to the 1990s when the self-styled rogue ambassador Smith Hempstone consorted with dissidents and rilling Moi to the bone? No chance. Make no mistake, Kibaki is no Moi. And who said Kibaki is a coward and spineless? Well, he has drawn the boundary clearly on sand. No pride, no dignity and no shame. The Republican Renneberger may have just handed himself the noose. His misadvising Washington may backfire big time.
While working in Ottawa a few years back, I had the privilege of constantly visiting consulates and embassies in Canada’s capital city. Zimbabwe’s consulate was (and probably still is) a beautifully restored historical house with plaster decor and crown moulding, cathedral ceilings, and heavy wooden doors and floors.
Behind the receptionist’s desk was a huge portrait of Robert Mugabe (looming like Big Brother), which made him look thirty years younger than his 85 year old face should be. In fact, the friendly young receptionist seemed to share an uncanny resemblance with him. Every time I spoke to her, I would fight the urge to burst out laughing. My nickname for her: Bobette.
I never thought much of it, until when I watched CNN interview him yesterday (when he calls Desmond Tutu a little man with devilish talk). Mugabe doesn’t seem to age that much, considering the stresses that come with wearing his crown. Does Uncle Bob use Botox?
A few months ago, I wrote a piece on Uganda and the newly discovered oil fields. At the time, the agreement between Tullow Oil and Museveni’s government was secret. I opted to interview an analyst in the industry to gain a little insight into what the deal should entail.
Turns out that Uganda did not sell itself short after all. New Vision Online revealed in an exclusive interview with Tullow CEO, that Uganda will get 8 out of every 10 barrels produced. In comparison, Ghana gets 6 out of every 10.
Upon oversubscription of the initial Ksh.15 billion, the Company has an option of increasing the offer amount to up to Ksh.25 billion (an additional ksh.10 billion). The main contributors to this oversubscription are institutional investors, but we’ll be getting the final results of the sale p on October 30th. The bonds will be listed on the NSE on November 9th.Greenshoe Option:
“A provision contained in an underwriting agreement that gives the underwriter the right to sell investors more shares than originally planned by the issuer. This would normally be done if the demand for a security issue proves higher than expected. Legally referred to as an over-allotment option” – Investopedia.com