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22:24
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Kenyanentrepreneur.com
http://www.youtube.com/watch?v=XXzoroC5Wdc
Forward this video to minute 1:00.
I’ was watching this video and I was astounded. If Raila Odinga (as much as I dislike him) is the prime minister and if he has a security detail supplied to him from Kenya’s elite Reece squad, his security men should have the right to accompany him everywhere he [...]
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20:49
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Kenyanentrepreneur.com
This company continues to amaze. The IPO raised $800 million dollars. That’s a whole lot of mucha-cha.
So, what do you think? Who were the biggest winners and who do you think were the biggest losers?
I’ll try and answer my own questions:
Biggest Winners:
The brokers and the millions of dollars in fee’s that they’ll collect from this [...]
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20:31
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Kenyanentrepreneur.com
Merali’s two companies have issued profit warnings. He is blaming it on post-election violence, but why do I think it’s more than that? The CEO of his Sameer Group of companies has effectively been fired and because Merali is an astute businessman, he quickly replaced him with another Kikuyu.
Now, I don’t want people here to [...]
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18:50
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Kenyanentrepreneur.com
I have often wondered whether Raila Odinga has a never ending political curse hanging around his head. The idea that Kibaki will release suspects responsible for the murder, rape and burning of people’s homes is simply crazy.
I don’t know how others are viewing this amnesty issue, but this is my reading of it:
Raila Odinga aligned [...]
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10:06
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Kenyanentrepreneur.com
Every time Samuel “Jesus help me” Kivuitu opens his mouth, I burst out laughing. I’m sorry, I can’t help it.
I don’t know how I forgot to add him to my “funny man’s” list. This poor man was caught between a rock and a hard place. On one side was Michuki threatening him with GSU guards [...]
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7:39
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Kenyanentrepreneur.com
I don’t understand why people are giving James Orengo a hard time about this new land policy that he is trying to enact. I think it actually has a basis in law and it relates to this concept called “adverse posssession”, which essentially states that the state or even private individuals, do have the right [...]
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20:32
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Kenyanentrepreneur.com
“A ruling political party cannot also be in the opposition. You are either in Government or out of Government. The role of the backbench is to check the front bench,’’ said Raila in an interview with KTN.
Raila Odinga is truly an amazing specimen. I wonder if he felt the same way when he was [...]
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17:49
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Kenyanentrepreneur.com
I must say, BDAfrica is becoming one of my favorite reads (who edits that newspaper? they deserve a big clap for doing a good job with their reporting).
So, they have another interesting story about this guy called John Kiarie who is suing Dyer & Blair, claiming that they did not give him a return on [...]
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18:58
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Kenyanentrepreneur.com
I’m becoming increasingly curious about this guy Patrick Gakiavih, the owner/founder of Nyagan’ya Nyagah Stock-”biters”. The Nation has an interesting story about where he ”invested” all that stolen money: He loves his hometown of Embu because he bought a lot of land there.
According to the Nation article, he stole a total of about Ksh. 885 million or the [...]
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11:58
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Kenyanentrepreneur.com
Someone just emailed me this article that appeared in the British Magazine, the Spectator. The article is written by a Kenyan based journalist name Aidan Hartley. The article begins like this:
” I want to say Kenya is a victim of negative press. Shady characters called bloggers are nicknaming the President’s new Peace cabinet of ministers [...]
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19:28
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Kenyanentrepreneur.com
This is an interview that Will-Kill Router gave on Kenya’s looming food crisis. He seems to have some of his facts memorized (x amount of maize was planted, x amounted is needed, etc, etc) - but at the end of the day, Africa’s inability to achieve food security is mainly due to it’s inability to [...]
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7:16
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Kenyanentrepreneur.com
The Nation and the Standard finally have similar stories on the procession of this grand coalition illusion. From what I read, they’re basically going to try and get along and blah, blah, blah…..
The roles however, about who is number one or number two (is it Kibaki or Raila?) are still left undefined. And you [...]
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18:03
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Kenyanentrepreneur.com
I’m intrigued by this publicly listed company mainly because of it’s owners/founders. I read somewhere that the Somen’s are Israeli Jews and their father immigrated to Kenya in the 1960’s or 1970’s (he apparently owns the Fairview Hotel). Anyway, his sons are now running this company called (Access Kenya).
I looked at their website and it [...]
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18:48
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Kenyanentrepreneur.com
I am in the process of compiling a list of funny men (public figures who, when they open their mouths, leave me in stitches). So far, the following individuals have made my list:
Kalembe Ndile
Kamlesh Pattni
Otieno Kajwaaaaaaang
And now, I’m going to have to add the one and only, Francis Atwoli (this man may actually walk away [...]
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12:34
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Kenyanentrepreneur.com
I was having a short, but interesting conversation with someone late last night and the topic of Equity Banks’ rapid rise to the top came up (apparently, it now holds 41% of all bank accounts in the country).
Anyway, during this short conversation, this guy told me that he attended a speech given by Equity’s MD at the Harvard [...]
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19:44
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Kenyanentrepreneur.com
My Dear Kenyans:
The government does not have enough money to support it’s own oink, hiccup, oink. Um..excuse me for a minute. This picture is distracting me. Is this pig eating a chicken or is it eating a piece of itself?
What was I saying earlier? Ah yes, the government has no money to support it’s own [...]
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18:14
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Kenyanentrepreneur.com
I am continually amused by how much press time the U.S. ambassador to Kenya is given because here in America, he is really a nobody. If you asked any American to name the U.S. ambassador to Kenya, they would think you were high on something.
The president of the United States offers ambassadorial appointments to many [...]
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20:43
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Kenyanentrepreneur.com
Fast forward the video below to minute 2:30. Saitoti walks over to Raila and tells him that he will get to introduce Kalonzo and then Kalonzo {as the VP} will get to introduce the president. Well, Raila didn’t like this at all because he thinks he has more seniority than Kalonzo and when [...]
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11:37
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Kenyanentrepreneur.com
If you listened to some of these Kalenjins, you’d think they were the only tribal group in Kenya that has had land stolen from them. You’d also think they were the only tribe in Kenya that is suffering economically. I was watching the video below and could not believe what I was hearing. Kalenjin MP’s [...]
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20:43
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Kenyanentrepreneur.com
It appears like there’s been another incident with Kenya Airways. This time they just over-shot the runway at Entebbe. I had a piece on the crash in Cameron and I said then that if Kenya Airways had another fatal accident, it would be a public relations disaster for them. It hasn’t happened yet, [...]
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11:45
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Kenyanentrepreneur.com
The Nation finally has an article on the intelligence failure that preceded this election violence. We’ve been talking about the NSIS here for months now (I’m surprised it took the Nation this long to write an article on the NSIS). The article points out what two commentators said here two days ago: That [...]
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11:23
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Kenyanentrepreneur.com
The Standard newspaper is really becoming a joke in terms of it’s blatant ass kissing of Raila Odinga. I mean, please, please, please…
As I’m checking the headlines I see this title: “Raila Bounces Back”. Huh?
Wait. It gets worse. Look at this quote from the straaaange article above: “Raila, the Orange Democratic Movement [...]
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8:14
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Kenyanentrepreneur.com
There’s an interesting article in BD Africa about Kenya finally moving towards opening up a commodities exchange where farmers and others (I presume) will eventually be able to trade agricultural commodities just as they trade Safaricom shares.
I’ve written articles about this before and wondered why an agricultural country like Kenya did not have an exchange [...]
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20:09
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Kenyanentrepreneur.com
The Mars group has studied the financial obligations that will come with this new bloated government and they’ve determined that 80% of Kenya’s national budget will go into buying more mercedez benz’s and range rovers for these greedy, greedy, politicians. Yes, my friends, the cabinet will now cost the Kenyan taxpayer $1 billion [...]
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9:16
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Kenyanentrepreneur.com
Can somebody email Michael Gichangi (the head of the NSIS) and tell him to wake up. A new year has dawned and we are three months into it.
The government is now admitting to being outwitted by Mungiki. The pattern of intelligence failures can no longer be ignored. Witness:
The Sabaot Land Defense Force was operating long [...]
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8:29
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Kenyanentrepreneur.com
So, I’m reading a couple of articles in the Standard about what appears to be a coming liquidity crunch with the banks and with the government. In other words, they appear to be running low on hard, cold cash (or at least that’s what I deduced from reading this article here). I’ve said before that [...]
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21:15
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Kenyanentrepreneur.com
I was trying to read the list of all the newly appointed ministers, but I got tired. Even the Nation and Standard were having a hard time listing them all, ending their sentences with phrases like, “….and others”. It makes no sense to me. I mean, ministry of northern Kenya development? [...]
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19:39
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Kenyanentrepreneur.com
Someone ought to give Kamlesh Pattni his own reality show. This man is a total comedian and why do these Indians who’ve been born and raised in Kenya sound like they just flew in from Kolkata?
Anyway, why is the government getting into the hotel business? And that Central Bank Governor is one arrogant man. [...]
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9:09
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Kenyanentrepreneur.com
Well, I guess there’s no surprise here that the talks have collapsed. Like I said in a previous piece, Mutula Kilonzo and Martha Karua are very smart lawyers. They simply outwitted James Orengo when it came to drafting that agreement.
Isn’t that the first thing they teach you in a contracts class? never, ever, write generalized contracts [...]
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16:21
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Kenyanentrepreneur.com
I know Na-jihadi Bawawa is threatening more violence against the Kikuyu’s, but after watching this news clip of what the army is doing in Mt. Elgon, the so called warriors should not heed Najib “Mullah Omar’s” advice. Look at this:
http://www.youtube.com/watch?v=ppyDws4vBc0
I was waiting for the cabinet list to be announced, but it appears that [...]
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20:08
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Kenyanentrepreneur.com
Well, well….looks like ODM’s self-grown insurgent has just issued another Fatwah. He is now threatening a new round of violence if his “peeps” don’t get the hook up on the crook up. From the Nation:
“We are giving a warning that if this issue is not addressed properly, we risk the eruption of a new round [...]
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9:56
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Kenyanentrepreneur.com
http://www.youtube.com/watch?v=hBNB7JGTl6Q
I was watching this video of the new traffic directive and I don’t quite get it. It looks like Uhuru Kenyatta put this plan in place hapharzadly and it doesn’t look like it’s going to work in the long-term. I don’t know why these ministers and MP’s aren’t able to acknowledge their lack of expertise [...]
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12:18
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Kenyanentrepreneur.com
In a fair world, Anyang Nyongo would and should be Kenya’s finance minister. I think he is smarter than Kimunya, I think he has more experience than Kimunya and I think he has a better grasp of the global economy and the world in general, than Kimunya. I’ve criticized Nyongo on his politics, but I [...]
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7:16
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Kenyanentrepreneur.com
I was reading the PNU proposals on the division of ministries and I actually fell down and banged my head on the table because I was laughing so hard. I knew this strange coalition would bring about bloated government, but this is beyond even what I would have expected.
From the Standard:
The new ministries proposed [...]
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15:09
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Kenyanentrepreneur.com
I’ve said before that this so called “peace deal” is totally confusing and nobody seems to quite know what it’s modalities entail. Today, as I was reading the Standard, it became clear that this “deal” was put together hastily and now ODM wants Koffi Annan to come back and essentially help them negotiate the ministry [...]
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7:50
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Kenyanentrepreneur.com
Jackson Kibor has given an interview to Reuters professing his innocence. The only problem is, he was heard talking about war on a BBC radio broadcast. According to the Standard, he claims he is too old and too poor to be engaging in that kind of thuggery. However, both articles mention that he owns three farms with [...]
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12:01
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Kenyanentrepreneur.com
The French refer to it as L’Addiction d’Afrique (The Addiction of Africa) - it’s the draw and addiction that foreigners develop for Africa inspite of all of it’s problems. An addiction they cannot seem to rationally explain.
I was thinking about this phrase as I read {once again} this blog piece written by an American journalist [...]
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9:25
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Kenyanentrepreneur.com
That’s what I’m experiencing right now. I was trying to listen to the analysis of his speech last night, but after about 5 minutes, I switched off all the news channels. I couldn’t take it.
I heard someone say that it was the: “greatest political speech on race in his lifetime”! eh? Obama did what he always does; [...]
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18:08
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Kenyanentrepreneur.com
http://www.youtube.com/watch?v=ntvMoxb3iiU
Ruto has to be feeling “dissed”. I don’t care what he says publicly, his face is beguiled with disappointment and you can see it (he believes he deserved the deputy PM job because he believes he did more to secure ODM’s win than Mudavadi). It was amusing to see all these politicians accusing Kalonzo of being [...]
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14:55
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Kenyanentrepreneur.com
I guess there’s going to be an annoucement tomorrow by Kimunya on the modalities of this IPO. The investment banks who get this business are going to be smiling all the way to Tahiti when they start adding up their humongous fee’s from this transaction (These brokers are making a killing). If this article [...]
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19:03
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Kenyanentrepreneur.com
So, I’m reading this piece in the Nation where Mr. Matharau Muthaura is essentially telling Mr. Ojinga Odinga that his Executive Prime Ministerial position is basically useless. According to Muthaura: “The PM will come in handy in setting up inter-ministerial committees, following up on policy, sometimes developing the policy and ensuring ministries are kept in [...]
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14:42
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Kenyanentrepreneur.com
I’ve been trying to read pieces about the land issue in Kenya because it’s at the heart of the countries continuos violence and I must say, that the more I read and the more I learn, the more I’m beginning to realize that that Kalenjin elders have no clue about the history of their so [...]
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8:12
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Kenyanentrepreneur.com
Here is a short (30 minute) documentary about the genesis and growth of the violence. It is somewhat outdated because it was made before this “peace” deal was signed, but the stories from the people caught up in it are still interesting (especially the claim by a Kikuyu woman in the rift valley who [...]
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19:14
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Kenyanentrepreneur.com
http://www.youtube.com/watch?v=7TgWPaX-k7k
I must say, this man has an amazing knack: He can lie with a straight face (is there a school one can attend where they teach you how to do that?).
I’d like us to come up with names that would best describe William Ruto. I suggest Will-kill Ruto. Do you have any other [...]
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8:30
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Kenyanentrepreneur.com
I haven’t been able to catch all the details, but from what I’ve heard, it looks like more bloated government is coming. I pity the taxpayers of Kenya.
A president
An executive prime minister
A Vice President
2 deputy prime ministers
More ministries coming (they all have to eat)
The worst, worst thing here is that none of these prime ministers [...]
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9:27
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Kenyanentrepreneur.com
I can’t keep up with ODM’s continuous flip flopping. According to the BBC, they have now called off the planned mass protests that were to take place this Thursday.
I think Kenyans are tired of the hooliganism and violence. When all is said and done, Raila Odinga should look back on history and connect his falling [...]
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21:43
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Kenyanentrepreneur.com
As predicted, the Annan negotiations have pretty much collapsed. Annan is fed up and exhausted and I’m glad he’s finally realized that his time is being wasted (the guy isn’t getting paid for this. Why would he put up with it when he can be making $50,000 dollars a pop giving speeches around [...]
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7:44
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Kenyanentrepreneur.com
Looks like Mr. Balalaaaa has been watching his boyhood pirate movies. He’s threatening to turn central province into an island like Lesotho:
“We are pressurised by our people, if the negotiations are not working, then we change the terms of reference of the negotiations to discuss boundaries then we reduce them to an Island like [...]
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18:58
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Kenyanentrepreneur.com
I said here a month ago that the Kalenjins who planned the violence in the rift valley were going to pay a price for their actions. You can’t kill 1000 people, displace half a million of them and get away with it. Now, it appears like the retaliation has begun with the arrest [...]
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7:46
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Kenyanentrepreneur.com
There’s an interesting profile on Barack Obama in this month’s Vanity Fair Magazine. Check it out here.
The question for me is, can he beat John Mccain in November. I’m rarely if ever inspired by politicians speeches. As a voter, I just want my side to win. And, and, and…..
I’m not sure if he can beat [...]
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19:10
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Kenyanentrepreneur.com
Finally, some news is beginning to trickle out about what ODM is looking for in it’s talks with the government. There’s no way in hell Kibaki is going to agree to these stipulations, which are:
An Executive Prime Minister who’d be the head of government and share power with the president
A two-year period to review [...]
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9:10
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Kenyanentrepreneur.com
There’s nothing major happening on the ground in Kenya at the moment. I know Condoleeza Rice was there on Monday, but I doubt much will come from her trip. These guys (Bush et al.) are leaving office in one year’s time and they are downright exhausted. How do I know this? I’ve read about 8 [...]
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19:17
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Kenyanentrepreneur.com
This is an old article I posted a while ago, but I am re-posting it here again because I think it underscores why Kenya has become such an important link to the west’s war on terror and why America & Britain cannot afford for it to descend into chaos. The contents of this post are [...]
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11:34
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Kenyanentrepreneur.com
This is the second part of the article I received: Again, come to your own conclusions about your own country.
Observers of the Kenya scene always have preferred to emphasise the positive over the negative. After all, Kenya’s first multi-party election in 2002 was peaceful. The expanded political freedoms of speech, press, and association are a [...]
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18:58
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Kenyanentrepreneur.com
This article was forwarded to me. It’s got a lot of historical information on the genesis of the land problem in Kenya, which I don’t think a lot of people know about. So, look at it as an opportunity to brush up on your knowledge of Kenya’s history.
On the night of 13 August [...]
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17:55
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Kenyanentrepreneur.com
I just read this piece from Kenyanpundit:
“Bishop report from Bungoma – Kalenjin in the area are not just killing, but are mutilating their victims, cutting legs, arms, private parts, then beheading Luyha and Kikuyu. They are dying in painful de-humanised way. This is being funded by a parliamentarian, who is currently in the peace talks. [...]
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19:01
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Kenyanentrepreneur.com
I’m looking for Koffi Annan. He’s supposed to be hiding at a “secret” location, working on a “secret” deal that will deliver I don’t know what, to I don’t know who.
I’ve never understood Koffi Annan. I view him as an uncreative bureaucrat who has spent his entire career at an organization that has largely [...]
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8:34
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Kenyanentrepreneur.com
I was perusing the Standard and came across this story on yet another stock broker that is engaging in funny business (same problem, different name). This time it’s Nyaganya Nyagah Stock Brokers who, according to the Standard: “…. are being investigated by the Capital Markets Authority (CMA) over misappropriation of clients’ money and unauthorised sale [...]
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7:27
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Kenyanentrepreneur.com
I was trying to figure out why Michuki keeps telling Kibaki to give him the ministry of roads. Afterall, isn’t the ministry of internal security a more powerful post? A friend of mine suggested that maybe Michuki had been demoted because he may be too “polarizing” . Kibaki and Michuki are comrades in arms (together [...]
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20:26
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Kenyanentrepreneur.com
Who’s this guy Mohammed Adow? I know he’s Somali, but I’m not sure if he grew up in Kenya or Somalia. Anyway, he’s done a good job with his reporting on kenya.
How in God’s name do you move up financially in Kenya? There’s virtually no upward mobility!
http://www.youtube.com/watch?v=wQu4Z3GpxF0
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11:36
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Kenyanentrepreneur.com
I was watching a BBC interview last night and they had Kalonzo on to talk about what was happening in Kenya. I must say, I’m not impressed by him. I wasn’t impressed by him during his campaign either, but I ignored it since I never thought he’d end up being the vice-president. However, now that [...]
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20:13
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Kenyanentrepreneur.com
Imanyara says the first lady smacked him. I believe him. Afterall, she has done it before. However, I am beginning to feel sorry for this woman. She clearly has some kind of mental illness and that must be difficult to deal with for a number of reasons.
First, the complexities of mental illness is not appreciated [...]
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15:22
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Kenyanentrepreneur.com
I continue to wonder why Kibaki is pretending to go along with these Annan hot talks. I suppose it’s because he didn’t want to embarrass President Kufuor? And now he doesn’t want to embarrass Kofi? (I had to re-read this sentence because so manyGhanian names begin with the letter “K” & I didn’t want to [...]
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11:57
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Kenyanentrepreneur.com
The death of these two MP’s has once again brought up this issue of political assassinations. While the death of Mellitsus Were remains a mystery, the circumstances surrounding the murder of David Kimutai appear to be related to a love triangle gone bad.
People like Moi and Kenyatta were able to carry out their assassinations, without [...]
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11:39
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Kenyanentrepreneur.com
This is absolutely organized. What are these Kalenjins trying to do? Kill all 4 million Kenyans who voted for Kibaki? If they keep doing this, people are going to retaliate. This is simple human nature.
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8:26
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Kenyanentrepreneur.com
70 people were killed over the weekened and I can no longer tell if the violence has remained at the same level that it was, if it’s gotten worse or if it’s stabilizing. What do you think?
All kinds of weapons are being used to kill - primarily the machete and these poisonous arrows. It’s a [...]
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11:05
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Kenyanentrepreneur.com
So, Ban-Ki Moon is on his way to Kenya. Frump, frump. I honestly don’t know why the United Nations continues to exist. What is it they do again?? The truth of the matter is, the power of the UN lies with the five permanent members of the security council, who are:
The [...]
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22:33
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Kenyanentrepreneur.com
So, I’m watching this video and I see Raila at the home of the Libyan Ambassador to Kenya (forward video to minute 1:31). Why is Raila so close to the Libyans? This is a rhetorical question because the answer is obvious: It’s all about the money.
However, I want to talk about why this alliance is [...]
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9:42
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Kenyanentrepreneur.com
A second MP has been shot. This time, the murder is being attributed to a lovers spat. He was having an affair with a policeman’s wife and according to the New York Times: “Mr. Too was driving in his car with a female police officer whose boyfriend was also a police officer. The boyfriend drove [...]
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20:00
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Kenyanentrepreneur.com
I’m always interested in learning about different cultures and I came upon this video of Kalenjin “Morans”. If the video hadn’t specified that they were Kalenjins, I would have assumed they were Maasai’s. I don’t know what year this video was taken, but it must have been a while ago because only Maasai’s [...]
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18:24
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Kenyanentrepreneur.com
I have said before that I did not think Koffi Annan would achieve anything and I will stick to that prediction. Now, the U.S. Assistant Secretary of State for Africa has declared what went on in the rift valley this way:
“Ms Frazer described the forced removal of members of Mr Kibaki’s Kikuyu tribe, which she [...]
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12:07
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Kenyanentrepreneur.com
Look at them smiling with each other in their freshly pressed suits and full stomachs!
I was particularly perturbed when I saw William Ruto shaking hands with Kibaki and smiling with Kalonzo (does Ruto know what is going to happen to him?)
**Article with great commentary (How Kenya Lost it’s way)
http://www.youtube.com/watch?v=nWhur2W4v2Y
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8:24
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Kenyanentrepreneur.com
From Reuters:
“It starts with five deaths, then 10, then 50, shortly it grows to 100, then it goes to thousands … By the time you realise, it has a dimension that is wiping out life in villages and communities and is getting out of control and the whole political situation is in a mess.” (Bring [...]
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21:23
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Kenyanentrepreneur.com
A guy by the name of Mugabe Were. I’d never heard of him before (had you?). Dandora is part of his constituency and they’re now saying it’s also a stronghold of the Mungiki sect, but Embakasi has a lot of dangerous neighborhoods (Kayole, Mukuru kwa Njenga, Kariobangi)
Mugabe Were beat David Mwenje in the [...]
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7:28
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Kenyanentrepreneur.com
What’s happening in Nakuru and Naivasha is exactly what happened in 1992 and 1997 with the tribal clashes. The Kikuyu are exacting revenge against the Kalenjin and some Luo’s. This is human nature and it was bound to happen. The difference in ‘92 and ‘97 is that not that many people were displaced and the attacks [...]
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13:09
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Kenyanentrepreneur.com
As I’ve been thinking about Kenya these past few months, one thing has become clear to me and perhaps to all of you: At the heart of the problem is the question of extreme poverty. Regardless of what side you are taking in the midst of this political crisis, one thing is clear: They are [...]
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15:11
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Kenyanentrepreneur.com
I don’t want to talk about Koffi Annan’s trip because nothing will come of it and what more evidence is there of this than the words of Kibaki and Raila right after their press conference.
From Kibaki: “As the duly elected president, etc, etc……(these guys are not going to negotiate with Raila).
From Raila: “Mr Odinga said the [...]
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10:34
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Kenyanentrepreneur.com
I used to admire Anyang Nyongo, but ever since he decided to become Raila’s houseboy his independent thoughts have been pushed aside in favor of Raila’s flip flopping radicalism and recklessness. I’m watching this video (fast forward to minute 1:00) and I can’t believe what I’m hearing coming out of Nyongo’s mouth - that the [...]
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8:13
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Kenyanentrepreneur.com
I’m trying to move away from these political discussions, but people here don’t seem to want to do that. I suppose I’ve just come to the conclusion that Kibaki is not going to resign, they will be no coalition government (can anyone honestly see Kibaki and Raila working together?) and Raila is just going to [...]
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18:23
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Kenyanentrepreneur.com
From the Nation:
A Catholic priest in the district had sent out a distress call to the police after the monastery he runs was surrounded by armed youths. “As I speak to you, I can see about 1,500 people armed with bows, arrows and spears,” Fr Dominic Vincent Nkoyoyo told the Sunday Nation. The priest said [...]
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20:59
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Kenyanentrepreneur.com
http://www.youtube.com/watch?v=TjOCAkIU4Mg
Wuu-wee…Odinga is a smooth talker. I almost swallowed some of his kool-aid until the end where he said he won the election “overwhelmingly”. Haiya, haiya…hold on a minute there, dear African brutha. Kibaki got 4 million votes! Raila also got 4 million votes. These two men were separated by a few [...]
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9:13
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Kenyanentrepreneur.com
Things just don’t seem to be working out for ODM. Did you see those “mass” protests that were supposed to paralyze the country for three days? Not that many people showed up (you can view the clips here: drip, drip drip).
:
Now, they’ve come up with yet another plan to “paralyze” the country. This time, it’s economic [...]
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7:43
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Kenyanentrepreneur.com
So, this guy Mama Kayai ..ooops…I’m sorry. What’s his name again? Maina. Yes. So, Maina decides to go visit these displaced people in order to offer them {& please bear with me here}..”a message of hope, of sympathy, of empathy and of listening”. Can somebody please tell me what the fukc Maina is smoking?
These people have nothing left. Their [...]
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8:17
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Kenyanentrepreneur.com
http://www.youtube.com/watch?v=kVi6v1pCeVg
James Orengo should become a law school professor. He seems to have a knack for esoteric legal minutae that is often disconnected from the practical realities of the real world. On the first day of parliament he’s trying to argue (in 5 minutes) really dense constitutional issues. Watching him and the other lawyers (Karua & [...]
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19:09
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Kenyanentrepreneur.com
Why do these people even bother? That guy Kufuor had absolutely no charisma. He looked like a kid who was being forced to eat his vegetables (totally disinterested and wishing he could wiggle out of it). Now, they are sending another Ghanian, our friend Koffi Annan (can I get a resolution? and another and another [...]
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12:58
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Kenyanentrepreneur.com
It is becoming clear to anyone watching the unfolding violence in Kenya that the question of land is at the heart of the issue (especially with the violence between the Kalenjin and Kikuyu in the rift valley). It does not appear to be an issue in Kisumu (they just want Raila to become the president).
I’ve [...]
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8:20
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Kenyanentrepreneur.com
I was watching this video and just shaking my head. Why? Kibaki paid a visit to the victims (okay, okay,…let me stop speaking in code). Start over.
Kibaki paid a visit to a camp in the Rift Valley that is now home to thousands of Kikuyu’s that have been displaced. In the middle of his speech, [...]
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7:13
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Kenyanentrepreneur.com
“Idealism is fine, but as it approaches reality, the costs become prohibitive” - William F. Buckley
I know the idealists are still talking about things like peace and justice and they’re all waiting for Kibaki to resign and all that, but I am going to move on from these pie in sky ideals because I’ve pretty [...]
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9:16
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Kenyanentrepreneur.com
Someone sent me an email about a confidential memo that ODM had written way back in September. I can’t vouch for the document’s authenticity, so I will simply post it here and let you make up your own minds.
I will first copy the statement accompanying the email and the ODM Memo will be attached at the [...]
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13:21
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Kenyanentrepreneur.com
I had a post earlier (”The Humanitarian Crisis in Darfur”) where I mentioned the Kikuyu/Kamba alliance that was now forming in the army. I also said Kalonzo Musyoka knew exactly what was going on and that was why he was in with Kibaki. The idealists came out of their caves and called me [...]
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23:08
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Kenyanentrepreneur.com
I was watching this guy William Ruto throughout the campaign and thinking that there was something very eery about him. There he was talking about change and human rights as if nobody in the country knew what his background was. So, who is William Ruto? Let’s see:
Before 1992, Ruto used to idle around the Hilton [...]
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7:57
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Kenyanentrepreneur.com
http://www.youtube.com/watch?v=h2uUKy7sOCc
I was watching this video and seeing all these young men and wondering why they’re couldn’t arm themselves and fight back (and this is not an evil statement because people who are being attacked have every right to defend themselves). The hooligans and thugs are armed with simple rungus and pangas, why couldn’t they fight [...]
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13:41
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Kenyanentrepreneur.com
Something is happening with the kalenjins in the rift valley. They’re anger is coming from somewhere and they’re violence is not spontaneous. I know Raila Odinga wants people to believe that (& maybe in Kisumu it was spontaneous, but in the rift valley, someone is funding and organizing these Kalenjin warriors).
I think these Kalenjins have [...]
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10:55
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Kenyanentrepreneur.com
I admire many of the things Museveni has done in reviving and stabilizing Uganda. Now, of course, the west is pressuring him to step down and asking him to give democracy a chance, but Museveni’s arguments against imposing fast paced democracy in Africa are quiet right.
Museveni has argued that Africa is still too poor [...]
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21:26
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Kenyanentrepreneur.com
Even if these people believed Kibaki rigged himself in, there is no excuse for this kind of behavior.
Click on the link and watch this video:
After seeing this, I want Michuki to fight them till the end and bring them down.
I’m tired of reading all these Kenyan blogs where people are intellectualizing the problem. (”Pray for [...]
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7:34
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Kenyanentrepreneur.com
We have to talk about the impact that this violence will have on the overrall economy (I’m sorry, this is not a blog for idealists. At the end of the day, people have to eat and for many, if they don’t work and they don’t get paid, they won’t eat).
It now looks like the violence [...]
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18:58
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Kenyanentrepreneur.com
Has anyone here ever worked for an NGO in Africa? Isn’t it your job to prepare for disasters at all times? I’m saying this because I”m watching this video and wondering why the red cross official is saying he can’t fly food and other necessities out to the people stuck in Burnt Forest (he’s saying [...]
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22:20
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Kenyanentrepreneur.com
I just heard him on the BBC trying to compare the situation in Kenya to the genocide in Rwanda. Please, please, please!
Kenya is not Rwanda. Kenya has a well educated middle class, Rwanda did not have this. Kenya has a high literacy rate, currently standing at about 75%, Rwanda did not have this [...]
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15:32
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Kenyanentrepreneur.com
The first crazy, Raila sits in his mansion in Karen and lets those poor jobless men in Kibera take the bullets on his behalf (ati “we will not be intimidated”! Really Raila? why don’t you join those young men on the streets then?)
The second crazy is Michuki. He too sits in his mansion in [...]
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9:55
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Kenyanentrepreneur.com
Do these people who are rioting actually believe that they’ll be able to defeat the security forces with their machete’s and wooden sticks? it’s a losing battle and Odinga needs to make another appeal for calm. Let him take his case to court because now I am reading that they were irregularities with the vote [...]
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18:48
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Kenyanentrepreneur.com
I said before that I view Michuki as a cold, heartless man (yes, he’s brought a level of law and order to the matatu business and perhaps he’s even dealt with the mungiki menace, but at what cost?
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13:03
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Kenyanentrepreneur.com
First, let’s begin with the most important newspaper in America, The NYT:
“At the sound of the copter blades, a thousand Masai tribesmen crane their necks upward. It is as if their savior is dropping from the sky. Railaaaaaaaaaaaaaaaaa!” they yell. The tribesmen turn into a stampede, hollering and poking their gnarled wooden clubs in [...]
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15:23
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Kenyanentrepreneur.com
A few months ago, Kenya was forced to close it’s border with Somalia when too many refugee’s started streaming in. Now, more Somali refugee’s are streaming in from the Ogaden region in Eastern Ethiopia. How many wars are these Ethiopians going to fight? They’re fighting in Somalia, they’re fighting rebels in the Ogaden, they’re fighting [...]
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19:18
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Kenyanentrepreneur.com
Many months ago I had a post on the topic of asset-backed securities. The post was prompted by experiences told to me by someone who had moved back to kenya about two years ago to work for a private bank that wanted to shore up their asset-backed security division. Things didn’t work out [...]
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21:44
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Kenyanentrepreneur.com
You can go here and watch all the youtube links about nomination troubles occurring all over the place. I picked this video out because it was the most bizarre - the presiding officer was actually abducted and roughed up; oh…and the ballot papers were stolen.
I’ve said before that I wish Kibaki was a lot [...]
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19:59
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Kenyanentrepreneur.com
I love the story behind the founding of this community radio station. It was started by a woman named Helen Wanjiku who grew up in Korogocho, but was able to leave and get her education when an aunt helped her out financially. She returned to Korogocho and started this station as a way [...]
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14:00
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Kenyanentrepreneur.com
Everyone knows that if you are going to use foreign political consultants, you must, must, must, keep them in the background. They’ve been doing this in the former Soviet Republics for the last few years(hiring American lobbyists, but making them sign strict confidentiality agreements).
Does Raila not have confidence in the Kenyan politicians on his team? When [...]
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8:19
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Kenyanentrepreneur.com
That’s what the United Nations wants Kenyans to have and by God, they’re going to help us become more like them. Absolutely. They are going to create more faceless beaurucrats who sit in cubicles the whole day pushing paper and writing reports.
Oh yes, my dear friends, UNDP has commissioned yet another “report” from academics all the [...]
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19:42
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Kenyanentrepreneur.com
I watched a documentary last night on the CIA’s program called “extraordinary rendition”. We’ve been reading about it in the Nation lately - Kenyans (accused of being terrorist sympathizers) and who are usually of Muslim or Arab descent, being picked up in Mombasa and flown (on secret U.S. flights) into prisons in Ethiopia.
Kibaki is [...]
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12:59
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Kenyanentrepreneur.com
Everyone’s talking about politics. Raila this, Kibaki that, here, there…but for 99% of us, this election will have no dramatic effect on our lives. We’ll still have to get up in the morning, go to work and pay bills.
So, I want to talk about business and get some updates on Kenyan companies we’ve talked about here.
I’d [...]
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19:05
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Kenyanentrepreneur.com
I’ve always said that it’s very hard to ascertain the source of wealth of many people in Kenya. For some, I can understand why they’d not want to talk about it, but for those who claim to have made their money honestly, why not talk about it? It’s the one thing I admire about entrepreneurs in the west: [...]
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19:06
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Kenyanentrepreneur.com
Statements like the one’s below are why I agree with Anyang Nyongo when he says we need more transparency in the capital markets.
From the Nation:
“Asked about the ownership of the firm, Mr Joseph maintained that Safaricom had two shareholders — the Government, through Telkom Kenya, with 60 per cent, and Vodafone Kenya Ltd, with 40 [...]
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18:25
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Kenyanentrepreneur.com
It’s increasingly looking like Raila Odinga may in fact win this election, but that’s not what’s making me nervous. What’s making me nervous is whether the likes of Michuki, Biwott or even Moi will accept the result if Raila wins. I’m pretty sure Raila security around him (I’ve heard he drives around in [...]
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15:22
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Kenyanentrepreneur.com
I was listening to a BBC report last night and they were interviewing some people in Kenya about the growing diabetes crisis. The BBC reporter attributed the rise in diabetes cases directly to unhealthy lifestyle choices. However, I once asked a diabetes doctor in Kenya why so many people were suffering from this [...]
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21:09
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Kenyanentrepreneur.com
I was reading bits of that ruling in the Nation and I began to get worried. Why? because it appears like tribalism has infected every part of Kenyan society and that includes the judiciary. Now, I’m not Luo. I’m actually Kikuyu, but I just happen to agree with Nyongo’s lawsuit and I also [...]
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18:54
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Kenyanentrepreneur.com
I was reading Bankele’s blog and there is a heated discussion on Kenya Airways (it’s mainly about the coming competition and it’s safety record).
As I’m reading through the comment section, I started getting a headache (particularly from comments left by “Me” — “it’s the pride of Africa”, the pride of Africa, the prrrr; I couldn’t [...]
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17:13
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Kenyanentrepreneur.com
I subscribe to Vanity Fair and I’ve noticed that they very often have articles on Kenya (it seems like every other month). If it’s not a full fledged article, it will usually be a blurb in the travel section.
As I’m flipping through this months magazine, I notice this blurb by a travel writer called [...]
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17:12
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Kenyanentrepreneur.com
I predicted Kibaki would win, but they’re these things called polls that are getting in the way of my prediction. I tend to believe polls because they are generally right. I have no reason to believe that the polls in Kenya are being manipulated (why do people believe that?).
So, what’s happening to Kibaki (if these [...]
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21:10
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Kenyanentrepreneur.com
I did a mini-analysis of Kenya’s most popular websites and it was quite interesting to see where the trend is moving. The Nation and Standard are the highest, with both sites getting about 45,000 hits a day, but their numbers are down for the month and for the year (Kenya’s most popular websites).
However, the [...]
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20:15
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Kenyanentrepreneur.com
A lot of you have probably seen this video.
Here is Moi telling his Kalenjin peps to vote for Kibaki because if Raila becomes president, he will implement the Ndungu Report and go after the wealth of the Kenyatta and Moi families. Therefore, he wants these obviously poor villagers to use the power of their [...]
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19:19
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Kenyanentrepreneur.com
I’m beginning to believe that Anyang Nyong’oh.oh.oh can quote (without notes), every line in every{passed} and soon to be passed parliamentary act. Every time I hear him give an interview, I wonder how much time he spends going over all that mind-numbingly boring minutae (“section 25 (a) of the consenus of understanding in the [...]
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17:20
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Kenyanentrepreneur.com
Kengen wants to raise money. They haven’t decided which route to go: IPO {can they do that? or the bond market?}. They are looking for advice (Light me up). Would you like to help them out? what do you think is better?
A little basics on what raising money via the bond market means: [...]
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17:31
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Kenyanentrepreneur.com
I was reading this story in the Nation on the president’s declaration to increase sugar prices by Ksh 300 per tonne. (O’Kubusu: How $$weet do you like your $ugar?).
I understand the political objective (Kibaki is pandering to votes from western province just in time for the election). What I can’t figure out is [...]
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20:05
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Kenyanentrepreneur.com
From the Standard:
“Former President Daniel arap Moi has reiterated his support for President Kibaki moments after he named his party of choice for the General Election”.
Then of course Moi goes on to say that Kibaki is the only non-tribal leader while stating (concurrently) that he doesn’t want his own tribal outfit (the Kalenjins) to [...]
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18:58
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Kenyanentrepreneur.com
There. I’ve said it.
Raila hasn’t given the people a compelling reason why Kibaki shouldn’t be voted back into office.
At the end of the day, the Kibaki administration has done a fairly competent job(Namely, they haven’t screwed up the economy and they’ve left businesses alone to do their thing) — so, why should Kibaki be voted [...]
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20:47
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Kenyanentrepreneur.com
I’ve been scanning the sports sections of the Kenyan Dailies and have noticed just how thoroughly the Kalenjin runners are dominating world running competitions. It’s not even close; And every year, a new crop of world class runners emerges from the hills of Eldoret and Baringo. It’s actually quite amusing because every marathon year [...]
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12:06
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Kenyanentrepreneur.com
I was talking to a doctor yesterday and she was telling me about this specialized hospital that they are in the process of building. They’ve already received a $10 million dollar grant from the African Development Bank and they’re looking to raise an additional 1.2 billion Ksh (which I think they’ll be able do).
Anyway, [...]
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17:22
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Kenyanentrepreneur.com
You had the money, the time, or the whatever…..
Many, many people have many, many, ideas, but little time or no money with which to execute those idea’s. However, that doesn’t and shouldn’t stop us from talking about them (since everything does begin with a simple idea).
So, having said that, what business ideas’ have you [...]
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21:43
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Kenyanentrepreneur.com
It’s always stunning to me how these old Kenyan politicians continue to underestimate the power of the internet, especially the power it holds in terms of the free flow of information around the world. When will these oldies get it? The internet has killed censorship (even the Chinese government is having a hard time controlling [...]
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21:08
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Kenyanentrepreneur.com
Reading the Nation’s business section can be trying sometimes. Witness the following headline:
“Safaricom advisor to earn 5 cents pay”!
But they don’t stop there:
“Dyer & Blair will partner with Morgan Stanley & Co International PLC, Faida Securities, Ashbhu Securities Limited and Dyer & Blair Investment Bank in a deal where they will be expecting a [...]
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22:52
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Kenyanentrepreneur.com
The nation says the following: “The furore raised by the Media Bill boils down to a single issue: should government have the power to force journalists to reveal an unnamed source”? The Nation uses American law as an example and cites the case of Judy Miller to argue against this media bill, but I don’t [...]
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19:49
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Kenyanentrepreneur.com
From the Standard:
“Chief Executive Officer Mr Michael Joseph on Friday contradicted the watchdog’s findings. “Safaricom has only two shareholders. These are Telkom Kenya and Vodafone Kenya Ltd. We do not know of any other shareholder”. Sure, Michael, sure (why does this dude keep messing with my intelligence?)
And where the heck are the The Guernsey [...]
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20:06
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Kenyanentrepreneur.com
I was flipping through the comment section and someone identifying themselves as “me” left a comment saying that Kencall was not paying it’s employee’s and that a friend of their’s who was a “senior employee” at the company hadn’t been paid for months! (how the heck are you supposed to survive when that happens?).
Now, that [...]
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20:52
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Kenyanentrepreneur.com
From the Standard:
“Instead of humiliating me like this, why not just tell me I have been sacked, or why not just arrest me and take me to court,” said an exasperated Ngilu who was blocked from leaving Criminal Investigations headquarters for five hours”.
Why doesn’t she just resign?
It’s obvious Kibaki and his geriatric co-horts don’t have [...]
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22:06
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Kenyanentrepreneur.com
It looks like this is becoming a big topic as talk of the fiber optic cable looms. There’s a short article in the Nation about this and it looks like the Indians are already looking at Kenya (why? why? why? can’t they just stay put in India?) — it would really depress me if [...]
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20:54
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Kenyanentrepreneur.com
I was scanning the Standard’s business section and I came upon this quote by an MP:
“Fresh allegations came after Khwisero MP, Mr Julius Arunga, demanded a ministerial statement on whether Mwangi could legally hold a senior bank position after being a manager in a bank that collapsed. Mwangi was a senior finance manager at Trade [...]
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21:02
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Kenyanentrepreneur.com
Okay, so.. someone just left a comment in one of the pieces and he mentioned the site katesKikapu.com (How many of these are out there?)
When I use the term “copycat”, I’m not using it to denote some sinister or evil motive. The purpose is to stimulate the discussion, so that we can all learn about [...]
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22:55
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Kenyanentrepreneur.com
So, after “discovering” this site called mavuno.com, I couldn’t help but notice that it looks eerily similar to Mamamikes.com.
The concept (using the internet to enable Kenyans in the diaspora to send goods to their relatives at home) is definitely the same (and I’m sure the founders of Mavuno copied it from MamaMikes — I’m making [...]
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22:55
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Kenyanentrepreneur.com
I was going through my comment section and I noted an entry by a Kenyan Entrepreneur referring to himself or herself as “Kinoti”. He/she has started an on-line business that allows you to buy and send airtime credit to someone’s mobile phone in Kenya. The business/site is called sambazanow.com. So, of course, after [...]
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10:04
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Kenyanentrepreneur.com
I have a hard time making sense of the business articles in both the Standard and the Nation. So, I am first, going to make a general statement about Kenya RE’s IPO: it’s a good thing what the government is doing (turning over ownership of these parastatals into private hands. If you want efficiency [...]
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7:46
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Kenyanentrepreneur.com
From the Nation: “In the city incident, the gangsters exploded a grenade at the Kariobangi South bar at 10pm on Thursday and sped off in a vehicle firing indiscriminately, killing five motorists, a bar attendant and two taxi drivers”.
This is worrisome. This is very, very, worrisome.
I said previously that the root causes of the [...]
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20:40
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Kenyanentrepreneur.com
A dear friend of mine emailed me this article yesterday (thanks EW!) that appeared on NBC’s cable website. It mentions Kenya’s changing mortgage climate, which according to the article, began when ….. “Kenya’s financial laws changed, requiring banks to have less cash in reserve. {also} ….Lower interest rates on treasury bonds ….. encouraged banks [...]
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20:09
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Kenyanentrepreneur.com
I was breezing through the standard’s business section and I came upon this article on Safaricom. It made no sense to me. So, I’m asking you (anyone) to read it and tell us what on earth the author of the article was trying to say.
The article begins like this:
“Finance minister Mr Amos Kimunya says [...]
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1:01
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Kenyanentrepreneur.com
So, I’m flipping through my latest issue of Vanity Fair magazine (the one that everyone is talking about because they’ve dedicated the entire issue to Africa) and I run across an article written by Binyavanga Wainaina on Kenya. What can I say? the article (and the entire issue) is geared towards a western audience [...]
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21:29
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Kenyanentrepreneur.com
What is going on with this fiber optic cable system? I need someone who is familiar with the semantics to explain it to me.
Kimunya says the undersea cable will cost about $110 million dollars (that’s really not a lot of money and I’m surprised the government hasn’t been able to just raise this amount on [...]
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22:16
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Kenyanentrepreneur.com
Street children in Mathare being forced to look for beheaded body parts by policemen (the police know better than to wade through that bacteria infected water)
I got into an argument last weekend with a bunch of kenyans about poverty and corruption in Africa. I said there was a clear connection between the two. They [...]
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12:07
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Kenyanentrepreneur.com
What’s going on?
I remember a time in Kenya when you could drive at 2 a.m. in the morning from one part of the country to the next (without fear). Even when they were home invasions, people never used more than panga’s and if you didn’t fight, they’d leave you alone.
Something has changed….
Everyone has a [...]
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12:41
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Kenyanentrepreneur.com
Last night I was on the phone with a customer service rep from Direct-tv. I was trying to order the international sports channel, Setanta. After my call went through, I was connected to some African-American rep who was clearly based in the south (based on the accent I detected). Anyway, the following is [...]
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14:50
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Kenyanentrepreneur.com
I was browsing through the Standard’s business section and I came upon this story on the Uchumi debacle and the subsequent share dumb that occurred right before Uchumi shut down. This quote from Terry Davidson got my attention.
Here it is:
Former Kenya Commercial Bank chief executive, Mr Terry Davidson, is one of the key [...]
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8:37
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Kenyanentrepreneur.com
I was breezing through the Standards reporting on the plane crash and it just raised more questions for me. Like…
The management of Kenya Airways cannot tell who between the two pilots was in charge of the aircraft at the time of the crash. One of the pilots, Francis Wamwea Mbatia, was a flying veteran [...]
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19:49
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Kenyanentrepreneur.com
I was looking through the blog listings on Mashada and discovered this new blog called Kenyan poet — it’s a blog about Kenyan/ African art and poetry and dance and literature and music and neo-soul nights, and, and, and…wow!
It’s so nice to see a site that doesn’t focus on that pop culture poison and those [...]
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14:36
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Kenyanentrepreneur.com
It looks like it’s going to be Raila vs. Kibaki. I’m not going to talk about the other presidential candidates because frankly, they have no chance of making it (and on that point, can somebody please beam Najib Balala back to earth? does he honestly believe he’ll be elected president?). Let’s just keep [...]
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11:46
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Kenyanentrepreneur.com
This is not good, not good at all.
I had already boiled down the African airlines that I would fly to two: Kenya airways was one and South African airlines was the second. Now, I don’t know if I’d want to fly Kenya Airways again. I’m sorry…..this is the second fatal accident in less than [...]
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19:21
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Kenyanentrepreneur.com
I’m kind of stunned at the diametrically opposing headlines in the Standard and the Nation. When ten people in a market are sprayed with bullets by a mercenary group of thugs or rebels, you’d think both newspapers would lead with the same headline!
But nooo…the nation leads with a flimsy story about some nominated councillor [...]
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21:29
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Kenyanentrepreneur.com
I was reading this article in the Nation’s business weekly and they have a profile of two 20 year old entrepreneurs who started a company that takes care of people’s errands for them. Like many people in Kenya, these two young college students were forced into the world of entrepreneurship because of the economic realities [...]
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23:21
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Kenyanentrepreneur.com
I was browsing through the Standard’s business section and they have a piece on yet another brokerage company that is playing footsy with clients money. According to the article, “Nyaga Stockbrokers Limited is fighting to clear its name after cheques it issued recently were returned unpaid. When contacted for comment on Monday, Nyaga Stockbrokers [...]