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Effective Financial Reporting and Investor Confidence. Aly -Khan Satchu CEO Rich Management Limited www.rich.co.ke. The World Is Flat. Kenya Leapfrogs from the V OK to an Always On Media Ecosystem.
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Effective Financial Reporting and Investor Confidence Aly-Khan Satchu CEO Rich Management Limited www.rich.co.ke
The World Is Flat Kenya Leapfrogs from the VOK to an Always On Media Ecosystem
“They do increase the clock speed at which people have to react. They increase the pressure.” “The formation of views is taking place on social media before it appears in print,” he said.
SSA Entered a Bull Market in 2012 This SSA Bull Market was driven by long term International Investors. These investors were increasing their SSA equity allocation from close to zero to just above zero. This increased participation by International Investors has been a catalyst for upwards convergence in reporting standards.
Creating an Upwards Convergence in Reporting Standards Improved and better optimized regulatory framework – NSE, CMA The imminent listing of the Nairobi Securities Exchange The Eurobond will also prove a positive catalyst as it will signal an ‘Open Sesame’ moment re Global Capital Markets
Investor Relations Is Not Public Relations Investor Relations is not about banners It is not a twice a year gig It is not about a gift pack
Investor Relations Is …. A 365 day engagement A continuous shaping of the message An opportunity to create stickiness with Shareholders A sophisticated IR strategy adds a premium to the Share Price A lack of IR awareness and capacity introduces a discount on the Share Price
Positive Contagion Effects A sophisticated IR strategy creates a positive contagion across other organizational silos For example : Safaricom have carved out a niche in Sustainability related reporting and this is a direct consequence of IR capacity
Positive Contagion Effects Kenya is considered a Social Media and in fact a Media Laboratory Corporates which excel in IR will surely excel at navigating this new Digital Ecosystem The spillover includes areas where the corporate is interacting with its customersand its stakeholders
Conclusions In order to serve the Africa Rising Narrative you have to be an effective and 21st Century storyteller .