Nationalist || Historian || KUMI BILA BREAK 🇰🇪
Kenya
Joined July 2012
- Tweets91.4K
- Following897
- Followers375K
- Likes39.6K
D I K E M B E retweeted
If you’ll ever go to a fish market in Kenya and the fishmonger tells you that their fish is from Muhuru, please buy several pieces without second thought.
You’ll get some of the best tilapia from that part of Lake Victoria. Happy the pier is coming along nicely
PRESIDENT RUTO pledged to revive Muhuru Bay Pier alongside five other beaches and landing bays on Lake Victoria.
Muhuru Bay, which once anchored a thriving Muhuru town, has remained derelict for nearly 50 years.
Murima tribalists and resource thieves did a number on Luo and western Kenya.
Killing Lake Victoria trade and transport was the beginning of the end of western Kenya region as an economic contributor.
From Sio Port in Busia to Muhuru Bay, all the ports DIED, including Kisumu City Port.
Reviving these ports and piers is reviving the towns anchoring the ports.
USAWA NI SAWA.
D I K E M B E retweeted
You are now comparing a 20year old party with DEEP STRUCTURES to a SPV that was created to "win" elections..?😂😂. You people need to HEAL and move on - ODM will never ever join PRIMITIVE TRIBALISTS - not through sifuna. We are NOT boarding. RUTO KUMI BILA BREAK. Cc @Disembe
D I K E M B E retweeted
Today, I had the privilege of accompanying the President, H.E. Dr. @WilliamsRuto, to Ngaaie in Mwingi North Constituency, Kitui County, where he broke ground for the KSh 70 billion Devki Group cement and clinker manufacturing plant, marking a significant milestone in Kenya’s industrialisation journey.
This landmark investment represents a major vote of confidence in Kenya’s economic potential and the Government’s commitment to creating an enabling environment for private sector-led growth.
Beyond its immense contribution to the manufacturing sector, the project will create employment opportunities, stimulate local businesses, strengthen infrastructure development and open new economic frontiers for the people of Kitui County and the wider Eastern region.
The establishment of this plant also underscores the importance of value addition in unlocking the full potential of our natural resources.
By strengthening local manufacturing capacity, Kenya is positioning itself to reduce reliance on imported construction materials, enhance industrial competitiveness and retain more economic value within our borders.
D I K E M B E retweeted
Aden Duale: You don’t wake up in the morning; you are half a senator, you have not even finished your term, and some people tell you that you can become president. I was around when Baba won in 2007, and then Martha Karua put out the lights. After 2 hours of waiting, we were told a president had been sworn in at night. The same Martha Karua wants to teach us about good electoral laws? #CitizenSundayLive
D I K E M B E retweeted
Kibaki oversee near collapse of Sugar Industries in Nyanza and western like Muhoroni Mumias Chemelil Sony Nzoia companies
He also finished cotton farming closed KICOMI textile industry and transferred Rice farming from Ahero and West Kano to Mwea
Kibaki was so unfair to Nyanza
D I K E M B E retweeted
Kutemo tiyo kod atwara ubiro neno mach mapok odwar oyudi, gir Sifuna okrach but ki hiyo maber joka osekawe, oonge control, in short mach madichamu kono liet ha. Gir Onjelo ni emaber, wadonde matin matin, nyaka intent Raila onge mabokonyowa mbele. Kor matek mar Joluo ok kony!
D I K E M B E retweeted
Kenya and the United Arab Emirates enjoy warm diplomatic ties grounded on our shared aspirations.
We will keep growing this friendship to facilitate more trade and investments between our two countries.
Met the Minister of State in the Ministry of Foreign Affairs of the United Arab Emirates His Highness Sheikh Shakhboot bin Nahyan Al Nahyan, State House, Nairobi.
D I K E M B E retweeted
It is with profound sorrow that I have learnt of the passing of my friend, Joshua Orero.
Joshua was a valued friend whose contribution to public service and our shared professional journey I deeply appreciated.
I extend my heartfelt condolences to his brother, Kibra Member of Parliament Hon. Mwalimu Peter Orero, the entire Orero family and all those who had the privilege of knowing and working with him.
May God grant the family strength and comfort during this difficult time, and may Joshua's soul rest in eternal peace.
D I K E M B E retweeted
Kenyans have to admit that Dangote is the only reason they are seeing value in KPC. You called it overvalued, you said the price was fixed. You complained that pension money was used to hold the bag. You laughed when Mbadi was crying that we scared foreign investors
D I K E M B E retweeted
Mutura economist @NdindiNyoro must appreciate that Dangote is not your average extortion racket customer. This is hard nosed capitalist who has faced tougher cartels than the ones you prime for in your latest clever by half rantings.
Initially you told us KPC shares were over priced & would soon crumble at the market.
You also argued that the privatisation exercise was a sham as it ended up with other public entities buying GOK stake.
A few short months later, typical of your cerebral inconsistency, you have changed tune.
If the shares were overpriced at 9.0, what's the fuss with Aliko buying them at 9.36? A cool 1.6 Billion Kenya shillings in PROFIT to the public entities in barely six months ...still you want us to believe it's a bad deal.?
Crazy cartels, who lie with a straight face to sustain primitive anger as they seek to incite.
The lies may excite the ignorant but in the end the FACTS of the matter will still stand out.
D I K E M B E retweeted
The reconstruction of the Migori River Bridge by the Kenya National Highways Authority (KeNHA) is restoring a vital link along the Kisii–Migori–Isebania (A1) highway.
The original structure succumbed to the combined strain of severe historical flooding and the heavy loads of commercial cargo, disrupting transport and trade along the Kenya–Tanzania corridor.
The bridge is being built wider and stronger to accommodate growing traffic volumes and Migori's expanding urban economy.
The State Department for Internal Security and National Administration will continue supporting road safety and security coordination along this critical trade route, helping protect road users, facilitate cross-border commerce and sustain the safe movement of people and goods.
D I K E M B E retweeted
This propaganda story doesn’t survive contact with the numbers.
Let’s straight do the math on the 4.5bn shares:
Bought: KES 9.00 per share
Sold (implied): ~KES 9.44 per share
Capital gain: +KES 0.44 → ~KES 1.98bn
Missed dividend: –KES 0.32 → –KES 1.44bn
Net before fees: +KES 0.12 → ~KES 540m
NSE-listed share gains are tax-exempt. So the price premium already more than covers the dividend the sellers gave up.
Rock Investment Bank (sell side) let’s assume earned a negotiated commission. On a block this size, realistic rates are 0.5–0.75%.
At 0.5% that’s ~KES 212m. After that the funds are roughly flat to slightly positive.
Either way, a few hundred million either side of zero on a KES 40bn+ position held for ~7 months.
That is time-value and transaction cost. It is NOT a material loss. It is NOT a soft loan. It is not evidence that a Ruto-linked vehicle extracted value from pensioners.
Public institutions and pension funds bought into the KPC IPO at KES 9. That gave the listing size and confidence. This to me was crucial for the markets.
Months later, after the Lamu refinery deal advanced, Dangote’s company bought ~25% in one block.
The funds sold. Dangote got the pipeline stake he needs for product distribution. Straight commercial sequence.
The legitimate questions are transparency (exact Dangote entity, full seller list, whether sales were directed) and governance of public funds.
Those are real.
The “sold at a loss so someone connected to the President could profit” version is not supported by the arithmetic or the public record.
You are stupid and stupidity is your business…
As always, DYOR.
KPC SHARES AND THE MYSTERY INVESTOR: The other week, I was suspended from Parliament for stating the obvious. That the Kenya Pipeline IPO was a failure, subscription being below 3% at the last day of the IPO. And that President William Ruto called the CEOs of NSSF, PSSF, Unclaimed Assets, CPF, and others to risk Pensioners savings against professional advise.
These are the facts:
1. The President called the CEOs to buy KPC shares against the advice from their own professionals. They had to forge minutes of Board meetings and backdate them. All of them are liable.
2. He again called them last week instructing them to sell the shares to a “Private Investor”.
3. They have cumulatively sold 4.5 Billion shares netting approximately Ksh 42Bn. NSSF is yet to exit fully.
4. The exit price was between Ksh 9.02 to Ksh 9.36. The share were sold cum dividend so that the “Private Investor” maximizes benefits.
5. Accounting for brokerage commission that is usually around 1.5%, the entities sold shares at a loss. The loss widens if you account for time value for money. Even fixing the money in the bank could have earned pensioners much more.
6. The so called Private investor is a company that President William Ruto has private interests in. He is among the “Private Foreign Investors”. In other words he took a soft loan from your pensions, you made a loss but he is making money from it.
7. The Investment Bank that handled the transaction is also owned by him. A newly licensed Investment Bank.
8. The transaction is part of fulfilling the conditions Precedent of the Lamu Refinery. The transaction is closely related to the refinery.
9. More KPC shares will be transferred from the Public entities to the so called Private investors.
10. This completes William Ruto’s personal interests in Oil from Upstream (where he is firmly involved in Turkana oil), Mid Stream (As a shareholder of the Refinery) and Downstream (G - G and other oil
Marketers).
The details of the Investment agreement between Dangote East Africa Petroleum Refinery and Kenya would shock everyone.
1. Why is the shareholders register a secret - Because the minority shareholders are led by the President of Kenya.
2. Why is the Investment agreement a secret - because the content is pure abdication of duty and patronage. Among the conditions is that Kenya willl NOT import any products made by the refinery even when the prices are double or triple the market price.
We are African and Africa is our Business..
D I K E M B E retweeted
Ghana set to overtake Ethiopia as Africa’s 8th-largest economy after Kenya. Kenya is the largest economy in Eastern Africa, having recently overtaken Ethiopia, and ranks #7 in Africa overall behind Angola.
addisstandard.com/ghana-set-…
D I K E M B E retweeted
The newly upgraded Kipchoge Keino Stadium and associated infrastructure in Eldoret, Uasin Gishu County, are ready for this year’s Mashujaa Day celebrations under the theme Security, Sports and the Economy.
Members of the public are warmly invited to join the nation tomorrow as we honour our heroes and heroines and celebrate the role of security and sports in driving economic growth and national development.
