Luther Majimbo

One of the 99% ... sufferer..

[Dr Albert J Ruturi @joeruturi]

Rwanda lessons on company laws and boda boda | Business Daily https://t.co/o1o51ra2oA

[Luther Majimbo @Luther_Gen]

@ParassisO @Mr_Guantai How can you demand revocation of licenses when 90% + hold fake licenses.

Kenya is a country to behold I tell you.

Almost Everything is fake.

All Boda must be retrained afresh. Most don't even know basic road rules. A big bunch are totally illiterate.

Yet they r ours.

[Abu Iman @Mr_Guantai]

Last evening a speeding boda boda that was also overlapping hit and killed my friend's daughter. A PP1 baby. I am beyond angry. These rogues need to be tamed and tamed now.

[Luther Majimbo @Luther_Gen]

@joeruturi @Mr_Guantai @waluwande @IG_NPS @NPSOfficial_KE @ntsa_kenya Boda Boda is a time bomb.

All surgical wards are full of Boda accidents.

Loss to the economy is collossal.

This is an industry that must be managed ruthlessly to instil discipline and save lives.

[Luther Majimbo @Luther_Gen]

@RepublikFree @D_Moraa From 18 pills a, day at The height Of The condition. .we have come a long way.

[Luther Majimbo @Luther_Gen]

@CarolmNyaga @LouizaKabiru Might have touched a raw nerve somewhere .

Attention to such a fundamental concern is usually uncomfortable to some.

[Luther Majimbo @Luther_Gen]

After checking your pinned tweet I have mad respect for you Carol. Wewe ni shujaa kweli.

[Ready to Reclaim Kenya #Resist 🇰🇪🇰🇪 ✊🏾✊🏾 @CarolmNyaga]

Guys. I need your help. I'm being frustrated by a bank (name withheld) for having a mortgage with them. I pay my monthly installments on time, every month, and even make additional payments to reduce my principle but they consistently circumvent my efforts to do so. 1
A thread.

[Ready to Reclaim Kenya #Resist 🇰🇪🇰🇪 ✊🏾✊🏾 @CarolmNyaga]

@Luther_Gen Even without defaulting, they will still find ways to be obscure in their calculations.
Games such as deliberate delayed deductions from your account into the loan account so that they can charge penalties

[Luther Majimbo @Luther_Gen]

@CarolmNyaga Get me right I do borrow

P A R A S I T I S M

Especially for business. What I have witnessed is harrowing.

This CONVERSATION must not end in vain.

We discuss education & health.

We must talk AFFORDABLE HOUSING 4 all & mortgages.

Housing is KILLING KENYANS.@wmnjoya

[Luther Majimbo @Luther_Gen]

@CarolmNyaga Personally the horror stories about mortgages have really traumatised me.

I'm one of those entrepreneural, high risk appetite type. That means my income is v irregular.

A mortgage in Kenya will just kill me. The economic meltdown killed many businesses.I just shudder.

[Ready to Reclaim Kenya #Resist 🇰🇪🇰🇪 ✊🏾✊🏾 @CarolmNyaga]

@Luther_Gen You nailed it. Parasitic is the word.
For a country with such a thriving real estate sector, you'd think there would be more mortgages. But the conditions just aren't conducive.
In my case started off at 12%,at one time it was 15%. For a secured loan, that is way too steep.

[Luther Majimbo @Luther_Gen]

@CarolmNyaga Overall many banks are cozy & all nice to clients when one is moneyed & swimming in the chums.

Wait until cashflow becomes a challenge.Then true colours set in.

When negotiating the contract one is treated like the Queen.

Until default.
And the ninjas doing this r staff

[Luther Majimbo @Luther_Gen]

@CarolmNyaga That's a thread/course that's a must for everyone.

We live in a terribly parasitic & capitalistic society where profit is god above all.

Housing ceases to be an essential service for citizens. Instead it's been turned into an instrument for torture.

< 30,000 mortgages?

[Ready to Reclaim Kenya #Resist 🇰🇪🇰🇪 ✊🏾✊🏾 @CarolmNyaga]

@Luther_Gen Thank you. I'm working on a piece summarizing the dos and don't s with mortgages - there are key lessons to learn for anyone thinking of taking one.

[Ready to Reclaim Kenya #Resist 🇰🇪🇰🇪 ✊🏾✊🏾 @CarolmNyaga]

@Luther_Gen I'm glad that the said bank has (eventually) risen to occasion and we've started the year on a positive note.
I hope it's the start of a better relationship with them.

[Luther Majimbo @Luther_Gen]

@CarolmNyaga That thread is an entire course.I'm happy for you things started well this year with the Bank .

Having said that, the lessons you have taught us are invaluable. We all learn.

Many walk through that travesty of justice, but are never bold enough to stand up & fight.

[Ready to Reclaim Kenya #Resist 🇰🇪🇰🇪 ✊🏾✊🏾 @CarolmNyaga]

Guys. I need your help. I'm being frustrated by a bank (name withheld) for having a mortgage with them. I pay my monthly installments on time, every month, and even make additional payments to reduce my principle but they consistently circumvent my efforts to do so. 1
A thread.

[Luther Majimbo @Luther_Gen]

@alaminkimathi @kabetes Alamin sheng yako enyewe iko juu juu sana.

Sasa unataka huyo boy wa bling bling afinywe

[Luther Majimbo @Luther_Gen]

Do you remember when you joined Twitter? I do! #MyTwitterAnniversary

[Luther Majimbo @Luther_Gen]

@NateLWatkins1
I'm a huge fan of Hernando.

Thanks I keep the book near me all this time

Well I probably need another reread!! To take on new critics.