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The road distances from Nairobi CBD for these towns:
Thika 44Km
Limuru 35Km
Ngong 33Km
Kitengela 31Km
This River 30Km
Kikuyu 25Km
Ruiru 23Km
Mlolongo 21Km
Ongata Rongai 20Km
Kiambu 15Km
These can all be merged with Nairobi to form one Nairobi Mega City/ Nairobi Metropolitan with an estimated population of well over 8 million with rail commuter services into and out of each area.
Officially a commercial pilot after attaining the required hours, milestones & passing my final practical exam done by Captain Koros.
All glory goes to GOD for helping me achieve my biggest life milestone.
Special thanks to my Family, Friends and Flitestar academy.
This Safaricom result is tragic. Africans are brainwashed. No wonder we are a 3rd World. Kenyans are celebrating and congratulating Ndegwa and Safaricom. But this one of the causes of our Poverty.
Look at 2nd Column on the right. This is the Company result for Kenya. Group result includes Ethiopia.
So for Kenya:
Gross Revenue Shs 410 Billion.
Net Profit Shs 118 Billion??? This is 29% Net Margin.
Most Companies return 10%! And worse this merely for Service!!! If it was Industry, them at least some benefit to the Country.
Many London School Economists keep singing about Foreign Direct Investments. Do they really understand it? What have KBL, Safaricom, BAT added to Kenya in the decades they have been here??
Have their ex employees set up rival Companies??
Those companies in most Countries are Local Industries.
Most of these ' Employees' and Economists who marvel at millions will be proud not knowing we are exporting Wealth and Jobs.
They are trading in KShs and repatriating US$.
Probably Ndegwa, David Ndii, Julians Omboko are celebrating.
Deeper analysis is even more troubling.
Dividend is KES 2 per share
Earnings per share is KES 2.95
Net profit after tax 118b
Dividends are (2 divided by 2.95 ) or 67% dividends declared of profit after tax. They retain very little in the Company !!
67% of Net profit 118b = KES 80 billion is dividends.
I think Vodacom own 60% so they will get 60% x 80b = KES 48 Billion or GBP 280 million.
Now take their income of KES 410 billion.
Dividend to the UK - KES 48 billion
That percentage is 11.7%. This percentage of income that SF earns goes as dividends to the UK
Imagine you send money to someone and it costs KES 130 (assume 30 is excise, VAT etc) so SF net revenue is KES 100.
Out of that KES 100 a total of 11% of this amount is going to King Charles or KES 11.
We cannot be working so hard to plant Tea, etcvto generate FOREX to pay King Charles 11% Safaricom Revenues
Add the Billions at least 11B outsourced services eg paying rent to American Tower Company for using Towers.
Towers which were bought from Telkom Kenya for a song. Simple things that Kenyans should be doing.
That is at least another Shs 20B.
Then since Safaricom gets prepaid Airtime, which is like Advance Payment, they are so liquid they have never taken a Loan.
This liquidity is what is lent as Fuliza etc.
So Safaricom is mopping money from every village, slum etc
And yet Members of Parliament and other stooges can gloat that ' SAFARICOM IS A KENYAN COMPANY and should have a KENYAN identity when they have made a misadventure to Ethiopia ( Good for them).
The first column illustrates how Kenya is subsidizing that operation.
From a net Profit of Shs 118B, that Operation reduces that margin to Shs 73B.
Black Africans have to wake up and promote Local Industries like Mastermind Tobacco and Keroche Breweries.
Africans are just illiterate thinking they are very smart.
Colonialism of the Mind, Economy is still very much alive.
And they have ensured it continues with dangling of bait, hook, line and sinker something called 'Democracy, Capitalism and Freedom' !!
MAJAMAA, I HAVE A VERY SENSITIVE MATTER HERE THAT NEEDS OUR SUPPORT🛑CONSUMER ALERT!🛑
" My name is Isaac Irungu.
On the 18th of October 2016, I bought a 12.7Kgs gas cylinder from National Oil at my local shop in Buru Buru, Nairobi.
On the morning of 19th October 2016, I lit the gas to boil water as I prepared my kids for school. Coming back, the water had not boiled and I resorted to using electric kettle.
In 15mins my kids were done with breakfast and off they left for school. For those that have used National Oil gas, new cylinders emit very little gas. I came back to the kitchen to make my breakfast, and when I stroke the match, the whole kitchen went blue into flames.
I got my treatment and while visitors streamed in, one of the visitors making some beverage noted that the gas had no smell. I notified @EPRA_KE whom in turn sent SGS to do an inspection. They did, and true to our fears, the LPG gas did not contain the "Ethyl Mercaptan" a chemical which is a foul smell that should notify someone of a leaking gas.
National Oil senior officials visited me in November and suggested for compensation. But after the meeting, I called Safety Director of National Oil and he told me to direct my complaints to EPRA. When I did, I was requested by EPRA to send a fee note to National Oil through my lawyer. I did and we got a response from their insurance APA on the 31st of January 2017. They eventually requested for SGS report to process compensation which I have done over 15 letters( frame two is the latest) including countless visits to EPRA and by omission they are technically collapsing my compensation. The court has given as 14 days to get and file the SGS report and the deadline is 14th of May 2026.
I have started an online petition, seeking help from Kenyans to help me pressurize @EPRA_KE to release the SGS report. Kindly help me signing the petition via the link below and also help tagging EPRA on this post. Thank you 🙏 and be blessed"
The link: https://t.co/7pJbZpYHyh
Need to hire a sales assistant end of April,
Key must have requirements include prior work experience in Import business ( Japan sourcing, KRA vehicle clearance) other pluses included good ai and digital marketing skills .
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