-> swamped with the number of new investors joining the fray with the KenGen IPO
-> behind in terms of technology
A good number of new investors are people who would be willing to conduct transactions electronically via email/online etc... but from my personal experience... most of these brokers just don't cut it. Taking 2 weeks + to respond to an inquiry on online transactions makes me skeptical of using such a stock broker.. others have no set modalities worked out for email transactions.. just ad hoc..
With the amount of money that kenyans have living outside and willing to invest.. I would think that stock brokers agents what-have-you would be seriously pursuing electronic options... if not i'm not going to be happy :(. I don't want to have to 'bug' someone to sell/buy at this price at this time..
but then most of us I guess are categorized as small fish.... who usually .. as is tradition in most kenyan businesses are considered irrelevant... and usually ignored