Ruto should make it is first business to deal with vampire kenyattas
1) NCBA - making a killing from manipulating forex market and secondly fuliza.
2) Brookside - everyone knows the extend they have gone to acquire competitors and block foreign competitors so they can enact monopoly - while also importing cheap powedered milk. LATO milk alone plus empowered KCC & farm cooperative will finish them. Kenyatta blocked 500 cooling units to farmers dairy.
3) Land grabbing - Narok 75,000 acres is the most odius.
4) Grand theft - SGR and many others esp health sector - that have been stashed abroad.
5) Heritage insurance - should pay 4-7B for Aror & Kimwarer dam they insured. Blacklist them from doing business with GOK
6) Gov should blacklist their hotels from gov - including Naivasha one - this is done - so far gov has refused them business.
7) Any kenyatta business including their media stable - should hear of gov tenders in VIU SASA.
We cannot allow Kenyatta vampires to feast on Kenya corpse. That is why they can afford to bribe Kalonzo with 5B.
Unless Ruto is not serious...after 5yrs...we want to hear NCBA dead..Brookside dead...Narok & such grabbed land returned back...and some of that stolen money returned somehow.
Hapana bembeleza maubwa. Mapema ndio best. Dont wait for long because come election time - they will find human shield to protect themsevels
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As you can see,All kenyan banks made FX gains in 2022.KCB I&M and NCBA were best performing.The question is Why?When the Fed Reserve started increasing interest rates in 2022,that meant a strong dollar against the shilling with the elections approaching.Banks hold billions of shillings in cash which means that if you converted 120BN into dollars last year,It would be about 140BN today.Its that simple and the easiest way to do this is to buy dollars from the public.
Infact today,Most kenyan banks allow you to hold a currency account of your choice.They don't hold all their money into shillings and give an annualized return of 3% on dollar account which would mean more earnings as the shilling depreciates against the dollar.
Go buy kenya eurobonds in the international market,earn 10 % annually and make more earnings from depreciation.
To put matters into perspective.The USD KES rate was 87 in 2013 while today its 140. If you bought the Kenya Eurobond i think in 2013 worth 100,000 USD,that means if you were earning $10000/860000 annually at that time,Now you are earning $10000/1400000?
Its that simple,thats why nobody wants to invest in kenya gov bonds unless the interests are high.
buy dollar bonds,earn interest and currency devalution.Its the reason GOK is struggling.
These are FACTs.Its never personal.
Topic: ANTI COMPETITION AUTHORITY to investigate kenyatta bank n others crooks (Read 3330 times)