Author Topic: Adani son buys Foward Travellers matatu sacco.  (Read 500 times)

Offline Githunguri

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Adani son buys Foward Travellers matatu sacco.
« on: October 12, 2024, 01:37:55 PM »

Adani gifts his son 1BN.

The son may seem stupid but is very clever

He buys bankrupt saccos like e.g.Foward travellers  CIty hoppa  Double M  Super Metro.

With a deposit of 1MN per mini bus,He can launch 500 Matatus across Nairobi using saccos.

Each matatu to deposit 10K every evening.With a profit of 5000 per day X 500 Matatu,Thats about 2.5MN per day.

The matatu also require Fuel about 30000 per day,He opens a petrol station and makes 10 bob per litre,That's 300K more per day.

He also sets up a matatu service centre where he services them with oil,lubricants,tyres etc.

No police or kanju touches the matatu.

He also receives exclusive rights to transport UDA campaign teams and supporters countrywide.

He easily makes 3MN per day,If he adds highway buses and cargo trucks,He easily crosses 10MN a day.

Makes billions before 40 years and heavily invests in Real estate and other business.





Offline Nowayhaha

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Re: Adani son buys Foward Travellers matatu sacco.
« Reply #1 on: October 12, 2024, 01:50:44 PM »
Let “Adani “ son invest , its employment and enhances money circulation . Also it fills the void of lack of public transport something Ciunty Govt should be working on .

Offline Githunguri

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Re: Adani son buys Foward Travellers matatu sacco.
« Reply #2 on: October 12, 2024, 02:57:32 PM »
I just pity civil servants like teachers or people who sell their property ,retirement to invest in matatu or truck business not knowing its a cartel.Majority of matatu and truck owners are governors police Cabinet secretaries and Adani & Kamlesh pattni sons.The moment you buy a matatu,police and kanju will hunt it until you are out of business through loan default.

Offline patel

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Re: Adani son buys Foward Travellers matatu sacco.
« Reply #3 on: October 12, 2024, 07:19:51 PM »
I agree with Noway this is a business opportunity and he is creating employment. I only wish they would run this business professionally and remove thuggery from Matatu industry.