They've engineered the silence because they fear you more than they fear any judge. An informed public is their worst nightmare. So read the filings. Track the hearings. Ask the hard questions. The @IMFAfrica@KeTreasury, @NAssemblyKE, and every pen that signed these loans must answer.
Some politicians waiting in the wings will not speak because they hope to inherit the same broken system. To those seeking office: this is a test of principle. You cannot inherit a system you refuse to question.
We don't need their headlines to know our rights. The Constitution didn't give us a voice to whisper. The front page isn't theirs to give. It's ours to demand. Stay loud. Stay informed. The law is on our side
#OdiousDebtKenya #PeoplePower #DeniBandia
If you’re thinking about putting your money into privatization deals like Kenya Pipeline Company (KPC) once approvals go through, here’s some info you may find useful:
What’s happening?
The government plans to offload 65% of KPC through the Nairobi Securities Exchange (NSE) via IPO. In simple terms, ordinary investors could soon own a piece of this company.
Valuation
KPC has been valued at about KES 120 billion, with the IPO expected to raise around KES 100 billion.
Earnings (2023/24)
Revenue: KES 35.4B
Profit before tax: KES 10B (32% growth)
Pipeline volumes: +6%
Exports: +12%
Outrightly, this is a profitable and growing company
How expensive is the IPO?
At this valuation, KPC trades at around 12x profits. Some will say it's fair, others will find it a little pricey.
Growth projections
Rising regional demand for exports
Taking over assets from the old Kenya Petroleum Refineries Limited (KPRL)
Expansion into LPG and even the fiber optic business
Risks to watch
Heavy government regulation on pricing
Pipelines need costly upgrades and maintenance
Politics. This is a strategic national asset, so expect siasa mbaya and some drama.
My view:
This could be a golden opportunity. Remember Safaricom’s 2008 IPO? But kama kawaida, there are no guarantees in life.
Before you invest in any IPO, always check:
✅Earnings
✅Growth potential
✅Valuation multiples
✅Dividend policy
✅Regulation
Invest with both eyes open👀
#NjakweOnFinance
New User: Click "Create Account"
Existing User: Select "Already have a CSD account" to activate your online account.
Securities: The "Securities" tab displays the available investment options on the secondary market.
NEWS UPDATE
Comrades, as promised. Here is a compilation of websites to find Remote jobs. Plus a brief description. I hope it helps one or two people.
I have chosen the ones that are easy to understand and where you can bid for jobs without a hussle & make some money
A THREAD
Enjoy your Sunday with these 5 YouTube Documentaries
1. Arms Trafficking: Dirty Dollars Inc — Best Documentary
2. Me the People: How to Become a Populist Leader — ENDEVR Documentary
3. State torture in Syria: Victims fight for justice — DW Documentary
4. Fleeing Sudan: Crossing the Channel to the UK — Al Jazeera
5. Victim Burnt Alive Survives Long Enough to Solve Her Own Murder — Explore With Us
When you realize that you've been defrauded/scammed or mistakenly transferred money into a bank account, these are steps you should take immediately. 🔌