NERO – Nationalization and Economic Reforms Order (1st Jan 1972) On 1 January 1972, in a speech to the nation, Bhutto and the peoples party’s government promulgated the three-staged program, under “Nationalization and Economic Reforms Order (NERO)”, which nationalized all major metal industries, including iron and steel, heavy engineering, heavy electrical, petrochemicals, cement and public … Read more
For the last three days roughly, there has been a positive sentiment around a lot of foreign Ceo interest in Pakistan. I for one actually missed the news item initially but later saw variants on official FB Pages, Media outlet sites, TV and last but not lease a frenzy of “fwds, via Whatsapp”. Most interestingly … Read more
The real cost of Incubators and Accelerators and the boogymen who promise capital I love startups. I hate the startups that don’t do any thing and cant stop playing pretend. They are wasting every ones time, most importantly their own. But at no fault of their own, they don’t know any better. Day in and day out, … Read more
There are many beautiful things about Pakistan including the fact that we are the largest group of conspiracy theorists or, so lost for direction, that the national past time is an ongoing debate as to what will happen next. Tragically, when most should be worried about internal politics and its correlation to industrial, commercial and … Read more
(Wed Sept 28th, Midnight) The idea was one of a kind proposed by a key strategic partner; the partners’ man on the ground was enthused this could be done. Reeling from a year long journey of building, re building, stabilizing platforms, home grown technology, winning notable mentions, guest speaking engagements whilst still keeping our heads … Read more
(A follow up post to my earlier post on Pan AM 73) 29 Years and 10 months or 10896 Days after Pan AM 73 (Sept 5th 1986) was high jacked in Pakistan, roughly 3 decades later we still haven’t been able to recover from our loss. We can sum it all up in with these … Read more
We are a joke, we want to be treated as a joke. We have one of the poorest countries in the world, with the worst industrial growth averages, completely un fit to be economically competitive in any thing but labor arbitrage of any kind. I have proof, we built a profitable labor arbitrate 3-4 years … Read more
Bright eyed and bushy tailed I arrived in Smyrna, Georgia some where in the 90s. First Co-op at General Electric, met my direct manager and then his boss and was wowed by all the free Ice cream, this was a time for cultural conflicts, the dotcom craze was making giants like GE uncomfortable. Every one … Read more
Seems like every one in the country is building a startup or learning to build one. Startups are cool, startups are special. But startups with daddy’s money are neither cool nor special. Its like an Arab kid a flush with oil money buying 2 dozen franchise to bring back home and one of them eventually … Read more
I once had a friend… Stories and theatrical presentations start like that. I was 19 , I got a call from the Trust and Estate office of a prominent Law Firm. The person on the other end said things, I’d only heard in Hollywood productions up to that point in my life. “I am sorry … Read more