Nipate
Forum => Kenya Discussion => Topic started by: Gikomba_Hawker on August 07, 2021, 12:31:48 PM
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Deputy President William Ruto’s revelation in an interview on Wednesday that he helped an investor secure Sh15 billion to set up a vaccine factory in Uganda is disturbing.
But the country’s second-in-command can’t be seen to be boosting the economy of another country, when his own needs investors to create jobs for the 800,000 Kenyans who hit the labour market each year. It is part of Ruto’s job to market Kenya as an investment destination of choice for global capital.
...While it is easy to hit out at DP Ruto for helping an investor set up shop in Uganda, Kenyans must also question the many obstacles that frustrate investment here.
Ruto's Uganda visit fiasco exposes harsh investment environment
https://www.the-star.co.ke/opinion/leader/2021-08-07-rutos-uganda-visit-fiasco-exposes-harsh-investment-environment/
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Equity Bank should not invest in Uganda; These kind of kindergaten propagandas will never wash. Ruto found business for Equity Bank. The bank will make money from that 15 percent interest - and repatriate to kenya owners here in Kenya.
Deputy President William Ruto’s revelation in an interview on Wednesday that he helped an investor secure Sh15 billion to set up a vaccine factory in Uganda is disturbing.
But the country’s second-in-command can’t be seen to be boosting the economy of another country, when his own needs investors to create jobs for the 800,000 Kenyans who hit the labour market each year. It is part of Ruto’s job to market Kenya as an investment destination of choice for global capital.
...While it is easy to hit out at DP Ruto for helping an investor set up shop in Uganda, Kenyans must also question the many obstacles that frustrate investment here.
Ruto's Uganda visit fiasco exposes harsh investment environment
https://www.the-star.co.ke/opinion/leader/2021-08-07-rutos-uganda-visit-fiasco-exposes-harsh-investment-environment/
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Equity Bank should not invest in Uganda; These kind of kindergaten propagandas will never wash. Ruto found business for Equity Bank. The bank will make money from that 15 percent interest - and repatriate to kenya owners here in Kenya.
Deputy President William Ruto’s revelation in an interview on Wednesday that he helped an investor secure Sh15 billion to set up a vaccine factory in Uganda is disturbing.
But the country’s second-in-command can’t be seen to be boosting the economy of another country, when his own needs investors to create jobs for the 800,000 Kenyans who hit the labour market each year. It is part of Ruto’s job to market Kenya as an investment destination of choice for global capital.
...While it is easy to hit out at DP Ruto for helping an investor set up shop in Uganda, Kenyans must also question the many obstacles that frustrate investment here.
Ruto's Uganda visit fiasco exposes harsh investment environment
https://www.the-star.co.ke/opinion/leader/2021-08-07-rutos-uganda-visit-fiasco-exposes-harsh-investment-environment/
Funding a terrorist with ZERO manufacturing credentials let alone vaccine is not helping. That he had to call means the proposal was brain dead.
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Ruto made three colossal mistakes he should just own up and apologize.
1. Brought a strange foreigner to his side without considering implications.
2. Bragged about phoning a bank to give a stranger 15b. Sends wrong signals against his empty Hustler sloganeering. Also puts Equity in a very awkward position. Corporates do not benefit from such vibes even if true.
3. Abuses his boss in tweets that do not help his cause. Some fights are unnecessary distractions. He loses nothing by keeping silent.
2022 is a year away and he has opened a warfront too early. Uhuru has instruments and motivation to cut him to size and hang him with his own rope. Ruto comes out as impatient, rash, careless and over-eager to occupy State House. Bad signs for someone who wants to be president.
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Try social media for propaganda. This is forum where people think. It has little viewership.
Which terrorist would be allowed to build a factory anywhere in this world.
Ruto job is to make phone calls
People go to Ruto for phone calls and letters.
My father went to Ruto - he made phone call - and they were allowed to sell their tea to multinationals.
My uncle went to Ruto - he made phone call - and KFA allowed his loan to be rescheduled.
My friend wanted 500m long with KCB - Ruto made a phone call - and took his cut.
If you cannot repay the loan - the bank will come for you.
Obviously the bank will insist on some security before they release 15b. The phone call is like a reference letter to get banks or whoever talking to you. It simply recommend that bank should talk to this serious guy.
Ruto will not call any random Equity guy - he will call obviously James Mwangi. If it was gov bank - he will order them - but for private sector - he will ask James Mwangi to consider the proposal of this guy. Otherwise it likely some credit manager will think guy is crazy to want to borrow that much money.
Funding a terrorist with ZERO manufacturing credentials let alone vaccine is not helping. That he had to call means the proposal was brain dead.
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And come home : )
Tough luck
It's uhuru that is losing this war - because they see Ruto who has left gov without complaining
Ruto worked hard to form this gov.
He gave it up to Uhuru without complaining. Raila would be daily crying about betrayal.
Now why are you following Ruto in his private dealings.
If he brings a turkish guy or ukrainian in his private dealings;
use his private phone to make private calls to private banks;
How is that affecting you.
Is Ruto abusing his office. NOPE.
Ruto is acting as private citizen; doing his things with turkish, chinese, name them;
If you follow Ruto to his private dealings; the public know where to draw the line.
Ruto made three colossal mistakes he should just own up and apologize.
1. Brought a strange foreigner to his side without considering implications.
2. Bragged about phoning a bank to give a stranger 15b. Sends wrong signals against his empty Hustler sloganeering. Also puts Equity in a very awkward position. Corporates do not benefit from such vibes even if true.
3. Abuses his boss in tweets that do not help his cause. Some fights are unnecessary distractions. He loses nothing by keeping silent.
2022 is a year away and he has opened a warfront too early. Uhuru has instruments and motivation to cut him to size and hang him with his own rope. Ruto comes out as impatient, rash, careless and over-eager to occupy State House. Bad signs for someone who wants to be president.
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Equity forays in EA and beyond is the ambition mwafrika and his firms lacks. Good to see Safaricom foray into Ethiopia.
From Cytonn's Equity Group Holdings Plc – FY’2020 Analysis
1st April, 2021
The Group’s geographical diversification strategy has continued to emerge as a net positive, with the bank’s various subsidiaries in Uganda, DRC, Rwanda, Tanzania, and South Sudan cumulatively contributing 21.0% to the bank’s total profitability and 40.0% to the group’s total asset base.
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For me, I would like to know whether there's a connection between Ruto's friendship with the Turk (Harun Aydin) and the Turkish dissident (Selahaddin Gülen) who was deported to Turkey from Kenya. Alternatively, is there a connection between that deportation and other Kenyan officials? In other words, was the deportation done to line anyone's pockets? It is important to know because deportations should be done for Kenya's true national interests, not to enrich anyone. Is the Turkish government, or its agents, paying off anyone in Kenya? I am just asking. If it's investigated (especially by the media, assuming it can safely be done, not always a given in Kenya) and no corruption links are found, fine. We just move on. Questions like these are asked in any healthy democracy.
Gülen was reported missing under unclear circumstances on May 3, 2021 after he reported at the Directorate of Criminal Investigations head office in Nairobi under an October 2020 court order.
On May 31, the Turkish authorities released a statement with a photo of Gülen in handcuffs in Ankara, saying that he had been captured by agents of Turkey’s National Intelligence Organization from a foreign country and was in the custody of their anti-terrorism police. Kenyan authorities have yet to comment on the incident.
“Kenyan authorities have a responsibility for what happens within their borders, and should investigate the possibility of complicity of its officials in this flagrant disregard for due process,” said Otsieno Namwaya, East Africa director at Human Rights Watch. “This is even more urgent given the negative history of alleged complicity of Kenyan authorities in previous incidents of abduction and deportation of asylum seekers.”
Human Rights Watch research shows that Gülen, nephew of Fethullah Gülen, a US-based Muslim cleric whom Turkey accuses of masterminding a military coup attempt in Turkey in 2016 and the leader of a movement Turkey deems a terrorist organization, traveled to Nairobi from the US on October 17, 2020, on a Kenyan tourist visa. He was initially admitted on arrival at Jomo Kenyatta International Airport. But shortly afterward, immigration officers arrested and detained him, saying he was wanted under a Red Notice Alert by Interpol from Ankara, Turkey. Gülen was in Kenya to meet his fiancée, a Kenyan resident, whom he married a few weeks after his arrival.
Kenya: Investigate Deportation of Turkish National
https://www.hrw.org/news/2021/07/01/kenya-investigate-deportation-turkish-national
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The Turkish Embassy in Nairobi is already on record in terms of defending the Turk who was supposed to travel with Ruto.
Kenya: Turkey Speaks Out About Man in Ruto's Abortive Trip
https://allafrica.com/stories/202108040596.html