Uhuru has actualized. He is after legacy- He wants to prove his kid bro he is

[KenyanPlato]

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a worthy human being. In 1992 Uhuru gave Moi 120 million to campaign. His young industrious brother Muhoho was outraged. He called a family meeting and demanded that he be given his share of inheritance so that he doesn't have to see his dad wealth wasted propping dictators. Ngina called for a truce and gave her boys something little to eat. Muhoho used his little money to start Brookside. he worked tirelessly and cut any communication with his brother. Brookside became the GOLDEN goose of Kenyatta empire. It provided another avenue to grow their immense wealth without worrying about Land issues or being corrupt. It is now Generating 30 billions shillings cash flow to Ngina Kibeti kubwa.

in 1997 a full blown alcoholic Uhuru took 90 million and went to seek Gatundu seat. he got a drabbing of the year and left depressed. He was so depressed that he ran to swisszerland for a year until when embassy bombing happened. upon embassy bombing Uhuru got wind that kamotho was incapacitated. he called Moi and Moi asked him to hurry and come take secretary General of KANU seat. Kamotho emerged from the rabble of US embassy under US then Ambassardor BBW Brazzile he was hiding in her big Couchie and escaped unhurt.

Uhuru was never made SC of KANU. So he was back in Nairobi broke and desperate. Everyone in the St Mary's circles was laughing at him. They thought he was a weakling that couldnt cut it. Moi in year 2000 make a deal with USA to leave power for exchange of 2 million dollars and protection.

Moi wanted someone to Fuck Kikuyus and so he walked over to CALEDIONA house where uhuru was living. He told him to start campaigning in Thika so that Moi can create a seat from him there.

Uhuru got out and hire Murathe. Murathe made a lot of moves that were noticed by GEMA barons. They all came calling and Uhuru became very powerful among Kiambu and Diaspora Kikuyus in Eldoret that didnt trust Kibaki

As fate would have it Moi named Uhuru as the KANU candidate and Raila left with KANU Rebels

Moi had make his last political move and it was a stupid desperate hail mary

Uhuru was defeated in 2002

So Muhoho looked at him and mocked him more. he told him I told you politics nii hasara tupu

it was PEV that was to revive Uhuru Dead career

Now Uhuru wants to leave Kenya peaceful and developed to make sure that Kikuyus will remember him fondly

As of Now Muhoho is still the hero will UHURU leave a developed and peaceful Kenya



Wiill his war on corruption bring peace and development

One More Hail Mary and Uhuru either scores a touchdown or Loses this bet of a a lifetime

As for Now I say let us make Muhoho president

He is a young Chief Muhoho. A progressive MAO type of guy


Sources: I will have to kill you but if you know you know. Let uhuru sue me for slander or defamation and we can prove this point by Point

[RV Pundit]

92 I think he was in Ford Asili with Matiba.They certainly came public to decry what Moi had done to Matibas.Well he recently gifted them 1B kshs from Kenya coffers directly undercutting the lawyer. I think kenyattas in 1992 split into Ford Asili and DP(Muhoho snr, Mugos) and when Moi pulled the impossible & Matiba became kaput they run back to Moi.

[RV Pundit]

This is more truthfully about Uhuru https://www.google.com/amp/s/www.standardmedia.co.ke/mobile/amp/article/2000085026/the-untold-story-of-uhuru-s-long-political-journey

[KenyanPlato]

92 I think he was in Ford Asili with Matiba.They certainly came public to decry what Moi had done to Matibas.Well he recently gifted them 1B kshs from Kenya coffers directly undercutting the lawyer. I think kenyattas in 1992 split into Ford Asili and DP(Muhoho snr, Mugos) and when Moi pulled the impossible & Matiba became kaput they run back to Moi.

Revision- Ngina and Uhuru bankrolled Moi from 1992 to 2000..

[hk]

Brookside revenue isn't 30b, Annual revenue of brookside is about 15b https://www.foodbev.com/news/danone-buys-remaining-stake-brookside-dairys-tanzanian-business/ . The kenyattas only own 50% of the company, danone owns 40% and a dubai fund owns 10%. Basically while the kenyattas are wealthly they're aren't worth anything close to $1b. Kenya is a poor country its only that we have alot of "hood" rich kenyans.

[KenyanPlato]

Brookside revenue isn't 30b, Annual revenue of brookside is about 15b https://www.foodbev.com/news/danone-buys-remaining-stake-brookside-dairys-tanzanian-business/ . The kenyattas only own 50% of the company, danone owns 40% and a dubai fund owns 10%. Basically while the kenyattas are wealthly they're aren't worth anything close to $1b. Kenya is a poor country its only that we have alot of "hood" rich kenyans.

Hehe kenyattas are worthy more than $3 billion dollars if you value land and money hidden abroad

[hk]

Brookside revenue isn't 30b, Annual revenue of brookside is about 15b https://www.foodbev.com/news/danone-buys-remaining-stake-brookside-dairys-tanzanian-business/ . The kenyattas only own 50% of the company, danone owns 40% and a dubai fund owns 10%. Basically while the kenyattas are wealthly they're aren't worth anything close to $1b. Kenya is a poor country its only that we have alot of "hood" rich kenyans.

Hehe kenyattas are worthy more than $3 billion dollars if you value land and money hidden abroad

Land in kenya is overvalued, but if you were to calculate using "forced value", what the land would fetch if it were to  be sold now, their total land holding wont be worth $300m.  Hidden loot abroad, that's just conjecture. John malone in america owns more than 2m acres of land and the total value of that land is less than $500m.  Owning thousands of acres in taita doesn't make kenyattas $ billionaires. They're wealthly but not $ billionaires.

[RV Pundit]

Hk - that 5K land alone in Ruiru is worth billions. If an acre is even 1/2m dollar - that is clean 2.5B dollars.

[KenyanPlato]

They own 5000 acres in Nairobi West. They are about to swap wilson land with joska land. Kenyatta will give up all rights to joska land and take Wilson Airport land. Kaa will relocate wilson Airport to joska

[hk]

Hk - that 5K land alone in Ruiru is worth billions. If an acre is even 1/2m dollar - that is clean 2.5B dollars.

That land isn't worth $500k per acre . I bet you that if they were to put up just 200 acres for sale, there're no enough buyers will to pay $500k per acre, the price of land is only valued per what buyers are willing to pay and have ability to pay.  Reminds me of upperhill land that was being priced at $600m per acre and now there are no buyers to pay even $1m per acre.

[KenyanPlato]

Hk - that 5K land alone in Ruiru is worth billions. If an acre is even 1/2m dollar - that is clean 2.5B dollars.

That land isn't worth $500k per acre . I bet you that if they were to put up just 200 acres for sale, there're no enough buyers will to pay $500k per acre, the price of land is only valued per what buyers are willing to pay and have ability to pay.  Reminds me of upperhill land that was being priced at $600m per acre and now there are no buyers to pay even $1m per acre.

I agree with that no Kenyan land is worthy that much. I have seen people sell land at ridiculous prizes.. Off think road in near Safaripark or below land will cost over 10M per plot but the rental prices are just $200 an apartment.. It would take you over 15 years to recoup initial investments, it is just better to part the money in NYSE and ride the BULL

[RV Pundit]

Which Kenya do you live in? Getting an acre for 50M is nearly impossible in Nairobi. Actually it NOT POSSIBLE. If Kenyattas own 10K land within Nairobi - you're looking at a cool 1M usd per acre - or 10B USD land worth. Obviously outside Nairobi - land start to drop value to 1M in my village..and 100K in places like Taita Taveta.
https://hassconsult.co.ke/real-estate/index.php/hass-index/13-the-hass-land-index?typ=2&layout=2
https://hassconsult.co.ke/real-estate/images/LandIndexQ42019.pdf

That land isn't worth $500k per acre . I bet you that if they were to put up just 200 acres for sale, there're no enough buyers will to pay $500k per acre, the price of land is only valued per what buyers are willing to pay and have ability to pay.  Reminds me of upperhill land that was being priced at $600m per acre and now there are no buyers to pay even $1m per acre.

[RV Pundit]

It will take 150 months -- anything 10-15yrs --but the property then would have appreciated 3-4 times - beating inflation and earning your some good returns. Real estate still better than most passive investments in kenya.

I agree with that no Kenyan land is worthy that much. I have seen people sell land at ridiculous prizes.. Off think road in near Safaripark or below land will cost over 10M per plot but the rental prices are just $200 an apartment.. It would take you over 15 years to recoup initial investments, it is just better to part the money in NYSE and ride the BULL

[KenyanPlato]

It will take 150 months -- anything 10-15yrs --but the property then would have appreciated 3-4 times - beating inflation and earning your some good returns. Real estate still better than most passive investments in kenya.

I agree with that no Kenyan land is worthy that much. I have seen people sell land at ridiculous prizes.. Off think road in near Safaripark or below land will cost over 10M per plot but the rental prices are just $200 an apartment.. It would take you over 15 years to recoup initial investments, it is just better to part the money in NYSE and ride the BULL

Build 40 apartments and get 200m valuation then find a broker and sell it. Let me know how that workss

[hk]

Which Kenya do you live in? Getting an acre for 50M is nearly impossible in Nairobi. Actually it NOT POSSIBLE. If Kenyattas own 10K land within Nairobi - you're looking at a cool 1M usd per acre - or 10B USD land worth. Obviously outside Nairobi - land start to drop value to 1M in my village..and 100K in places like Taita Taveta.
https://hassconsult.co.ke/real-estate/index.php/hass-index/13-the-hass-land-index?typ=2&layout=2
https://hassconsult.co.ke/real-estate/images/LandIndexQ42019.pdf

That land isn't worth $500k per acre . I bet you that if they were to put up just 200 acres for sale, there're no enough buyers will to pay $500k per acre, the price of land is only valued per what buyers are willing to pay and have ability to pay.  Reminds me of upperhill land that was being priced at $600m per acre and now there are no buyers to pay even $1m per acre.

I live in the real Kenya. I don't buy the nonsense being pedaled by hassconsult and cytonn. BTW I have more than an acre in the vicinity of kenyatta's ruiru land(It's not worth $500an acre). What's is it one would invest in a poor country in Kenya to justify ROI?  Try unloading 5k acres in kenya at the average price of $500k. Kenya only has about 9k usd millionaires https://www.knightfrank.co.ke/news/kenya-adds-300-dollar-millionaires-in-2018-013003.aspx and the only reason most of them are usd millionaires is cause of inflated price of real estate. So basically it would mean you'd have to get more than half to buy at least an acre at $500k, that is the absurdity of valuing 5k acres at $500k an acre.

[KenyanPlato]

Which Kenya do you live in? Getting an acre for 50M is nearly impossible in Nairobi. Actually it NOT POSSIBLE. If Kenyattas own 10K land within Nairobi - you're looking at a cool 1M usd per acre - or 10B USD land worth. Obviously outside Nairobi - land start to drop value to 1M in my village..and 100K in places like Taita Taveta.
https://hassconsult.co.ke/real-estate/index.php/hass-index/13-the-hass-land-index?typ=2&layout=2
https://hassconsult.co.ke/real-estate/images/LandIndexQ42019.pdf

That land isn't worth $500k per acre . I bet you that if they were to put up just 200 acres for sale, there're no enough buyers will to pay $500k per acre, the price of land is only valued per what buyers are willing to pay and have ability to pay.  Reminds me of upperhill land that was being priced at $600m per acre and now there are no buyers to pay even $1m per acre.

I live in the real Kenya. I don't buy the nonsense being pedaled by hassconsult and cytonn. BTW I have more than an acre in the vicinity of kenyatta's ruiru land(It's not worth $500an acre). What's is it one would invest in a poor country in Kenya to justify ROI?  Try unloading 5k acres in kenya at the average price of $500k. Kenya only has about 9k usd millionaires https://www.knightfrank.co.ke/news/kenya-adds-300-dollar-millionaires-in-2018-013003.aspx and the only reason most of them are usd millionaires is cause of inflated price of real estate. So basically it would mean you'd have to get more than half to buy at least an acre at $500k, that is the absurdity of valuing 5k acres at $500k an acre.

You are right...karume or michuki family cannot raise 2 millions dollars in a day do that tells you a lot

[KenyanPlato]

pundit is the king of pseudo science and economics

[RV Pundit]

So how much is an acre according to you if you disagree with research?

[hk]

So how much is an acre according to you if you disagree with research?

To calculate valuation of commercial land and real estate, you have to find out the intrinsic value of the land or building. That's the amount of rental income that can  be earned(or how much it'd cost to rent instead of buying) from the property at the very least to the longest mortgage duration available (.  This is what plato was alluding to). Take 1 acre in ruaka( UN blue zone), build 50 units  3bedroom apartments, cost of one unit conservatively 5m(valuing land at zero) , total cost 250m. The going rate is 50k per month, so monthly gross rental income 2.5m.  If you were to get a mortage of 15yrs(longest available), the monthly payment would be 3m( best mortgage rate of 12%), meaning the investment would be underwater.
Actually the hasshault clearly indicates real estate investment return yields 8 to 9% annual. This means real estate investment in some parts of Nairobi yields negative ROI( you're better off buying treasury or parking money in a money market).
The koinange sold two river land at 10m per acre and this was at the hey days of real estate boom not like now. Two river land is several times more valuable than land in Ruiru. You can't de-link assets prices from the economy. In a nutshell, the average cost of 1 acre of land of kenyattas would be 2-5m before factoring what putting into market 5000 acres of land into market would do to supply side.

[RV Pundit]

My friend that river road research..real estate return the last few decades outdoes all other passive investment.Solid research.That is why most Kenyans are into it.In the meantime let me know when I can send you 2m for an acre of land in Ruiru..even 5m an acre you cannot get in kericho town.Youre looking at rental returns alone like the house is built on cardboards n will expire in 10yrs.Thst house n land annually appreciate too...in 25yrs that house will be worth 750m.