Nipate

Forum => Kenya Discussion => Topic started by: RV Pundit on January 24, 2023, 06:31:11 AM

Title: Kibaki era crooked Trancentury now bankrupt
Post by: RV Pundit on January 24, 2023, 06:31:11 AM

https://www.businessdailyafrica.com/bd/corporate/companies/transcentury-renegotiates-sh5bn-loans-after-default--4096580

Title: Re: Kibaki era crooked Trancentury now bankrupt
Post by: Kadudu on January 24, 2023, 11:57:19 AM

These are companies that thrived under political patronage. Now reality is setting.

Title: Re: Kibaki era crooked Trancentury now bankrupt
Post by: RV Pundit on January 24, 2023, 11:59:43 AM

Yes we have few real big business that dont depend on political patronage. crony capitalism.

Quote from: Kadudu on January 24, 2023, 11:57:19 AM

These are companies that thrived under political patronage. Now reality is setting.

Title: Re: Kibaki era crooked Trancentury now bankrupt
Post by: Kadudu on January 24, 2023, 12:06:16 PM

Now let us watch companies like Megascope of Richard Ngatia will cope with the new political order. The man sat in State House and dictated the Health Ministry's policy for the past 10 years.

Title: Re: Kibaki era crooked Trancentury now bankrupt
Post by: RV Pundit on January 24, 2023, 12:30:16 PM

Many such have already collapsed.

Quote from: Kadudu on January 24, 2023, 12:06:16 PM

Now let us watch companies like Megascope of Richard Ngatia will cope with the new political order. The man sat in State House and dictated the Health Ministry's policy for the past 10 years.

Title: Re: Kibaki era crooked Trancentury now bankrupt
Post by: sema on January 24, 2023, 02:30:59 PM

I remember that young CEO we were all told was a "star" -- where is he today?  He had a Ph.d I think from Oxford in some science subject, but even for him, like Dande, why go back to Kenya? Do these middle class kenyans not like to work? are they too pampered? I wonder what he is doing now?

Title: Re: Kibaki era crooked Trancentury now bankrupt
Post by: gout on January 28, 2023, 01:23:43 PM

Gachao was hired to ensure Transcentury benefitted from Vision 2030 tenders which they had crafted at McKinsey. Most of these snake oil salesmen with foreign degrees are all hat and no cattle. Media blitz and good cover for their corruption godfathers /networks.

Quote from: sema on January 24, 2023, 02:30:59 PM

I remember that young CEO we were all told was a "star" -- where is he today?  He had a Ph.d I think from Oxford in some science subject, but even for him, like Dande, why go back to Kenya? Do these middle class kenyans not like to work? are they too pampered? I wonder what he is doing now?

Title: Re: Kibaki era crooked Trancentury now bankrupt
Post by: RV Pundit on January 28, 2023, 02:04:03 PM

Exactly that Gachao and kibaki fatcats were behind vision 2030..anglo leasing

Title: Re: Kibaki era crooked Trancentury now bankrupt
Post by: sema on January 28, 2023, 10:58:33 PM

This is the problem with kenya that even people like gachao kiuna who had a phd. in biochemistry, doesn't want to spend years working and would rather go back to kenya and deal with that crony capitalism. What is he doing now in kenya?

Looks like he is now working for a company called aqua power

Title: Re: Kibaki era crooked Trancentury now bankrupt
Post by: Georgesoros on January 29, 2023, 01:00:01 AM

Quote from: sema on January 28, 2023, 10:58:33 PM

This is the problem with kenya that even people like gachao kiuna who had a phd. in biochemistry, doesn't want to spend years working and would rather go back to kenya and deal with that crony capitalism. What is he doing now in kenya?

Looks like he is now working for a company called aqua power

Maybe a start in biomedicine???