Safaricom IPO news, Annual Reports

With the Safaricom IPO in full swing, we are now seeing banks in Uganda for the
first time ever, offering loans to buy shares during the IPO. KCB has jumped in as
well as Standard Chartered offering loans of up to 50 Million.

Obviously brokerage houses are announcing that this is the best buy of the century.
Also apparently 'overweight buy' means you must buy this; just when I thought being overweight
was not a good thing.

In other areas, since annual reports are expected before end of April for companies with a
financial year ending 31st Dec, we are likely to see some price swings.

I am firmly not in the camp buying Safaricom even thought its future looks bright.