Abel Mutua: I am starting to dislike this whole business of one term and two term because it is lying to us that those are the only options we have as a country #JKLive
Wicknell Chivayo was moving ruthlessly: Back in early 2024, the Zimbabwe Defence Industries had already vetted a legitimate supplier for auxiliary ammunition and equipment. The quote was a clean US$20 million. Treasury sat on the payment for a while, and then surprisingly the same request suddenly reappeared, but now with Chivayo as the lead supplier. The price for the exact same goods? It jumps straight to $69 million. Just like magic.
In the same year, the Reserve Bank of Zimbabwe (RBZ), which is the central bank of Zimbabwe, needed an IT systems upgrade. A capable company won the tender fairly at $10 million. Then, without much explanation, the contract got cancelled. The original winner was reportedly pressured to drop their legal challenge after being assured a new tender would be issued. When that “new” tender finally dropped in mid-2024, Chivayo walked away with it at $50 million, five times the original price. More interesting is that the same experts who had quoted $10 million were quietly brought back as subcontractors to do the actual work for their original fee, while Chivayo kept the $40 million markup for himself.
Just two deals alone and Chivayo siphoned off roughly $89 million in pure profit from the Zimbabwean taxpayers' public coffers.
At the face of a struggling nation, Chivayo, who enjoyed extreme state powers, was spending millions buying cars as gifts. He spent $750,000 on a Bentley, and early this year he was spending $10,000 an hour renting a Gulfstream private jet for his travels. Despite all that lavish spending, he barely touched even 1% of the money he made from those two contracts.
Aliko Dangote: We will come back to commission the Lamu Oil Refinery in 40 months. We will set up a training school for those with engineering degrees and diplomas
Pastor Ezekiel Odero plans to open what he describes as East Africa’s biggest one-stop supermarket at the New Life Twin Towers in Mavueni at a cost of 3bln
He also plans to place a massive fishpond which he goes on says "One million fish, if we sold each for just KSh 400, that is KSh 400 million. I can also sell them at top-end hotel prices of KSh 1,000 to KSh 1,400. You have KSh 1 billion. From that, remove approximately KSh 10 million in expenses. You will have KSh 980 million remaining. You deposit it in the bank and then someone will call you a 'sharp boy'. I would rather be a 'sharp boy'."
We do not initiate war, but we are built to finish it. Facing the Ethiopian National Defense Force is a choice you should have reconsidered.
Ethiopia 🇪🇹
"Nairobi CBD is about 350 acres. The Murang'a Industrial Park is 1,300 acres. In short, we are building a city bigger than Nairobi and, unlike Nairobi, it is planned"
- Governor Irungu Kang’ata speaking to potential investors.
This is a man with a VISION.
This is a LEADER.
Hiyo vita ya 98logistic na Supermetro haijaanza sai, George ruto wants to drive them out of business and the idea ilianza 2024 ,when he brought Moneyfest.Siasa mbaya uongozi mbaya.
Look at how Hos vehicles were operating two years ago and be the judge
Registrar Forfeits Sh426m Wealth
EACC has seized assets and cash worth over Sh420m belonging to former Kilifi principal land registrar Felix Nyakundi and his wife Stella Otwori after the two failed to conclusively account for their wealth accumulated over a decade.
#NTVWeekendEdition @NBrygettes@MichelleNgele_