Sam Jonyo

[Sam Jonyo @jonyo_sam]

@EricNjiiru And there is nothing wrong with that! Winning world cup back to back is not easy!

[Sam Jonyo @jonyo_sam]

@WelBeast But for a different reason!😁😁

[Sam Jonyo @jonyo_sam]

@Footballtweet Still the best in the world even at 39!!

[Sam Jonyo @jonyo_sam]

@FabrizioRomano Messi is inevitable!!

[Sam Jonyo @jonyo_sam]

@eurofootcom This does not make sense!There are plenty of Premier league players in all the teams that have qualified for quarter finals!!

[Sam Jonyo @jonyo_sam]

@MrDtAFC Zubimendi was pivotal to our good run in the 1st half of last season! Do not forget, it was his first year in EPL and he played so many matches! Both Zubi and Merino will be key in the new season. I can't forget the match against Villa at home when they partnered in Mid field!!

[Sam Jonyo @jonyo_sam]

@JacobsBen @talkSPORT @BobbyVincentFL So why were they buying him last season??

[Sam Jonyo @jonyo_sam]

@Kenyans Mbadi you will pay for it!STOP lying to Kenyans!You will not be invincible when the next regime comes for you!!

[Decoded @Bygones_24]

The uncomfortable truth

SACCOs are great for:
✅ Short-term working capital
✅ School fees loans
✅ Car loans
✅ Small business revolving funds
They are terrible for:
❌ 30-year roads
❌ Power plants
❌ Rail lines
Stop asking the sprinter to run the marathon. Build a separate vehicle — infrastructure bonds issued to pension funds — and let SACCOs do what they actually do well.

[Decoded @Bygones_24]

Regulatory handcuffs

SASRA (SACCO Societies Regulatory Authority) caps how much a SACCO can invest in illiquid assets.
These caps exist for good reason — to protect members' savings.
But they also mean SACCOs simply cannot deploy the volume needed for mega-infra. They are legally boxed out.

[Decoded @Bygones_24]

The share capital illusion

Yes, SACCOs have "permanent" share capital.
But in practice, members withdraw shares when they leave jobs or migrate to other SACCOS.
That "permanent" capital is actually semi-permanent — and unpredictable. Infrastructure needs capital that is contractually locked.
SACCO members expect annual dividends — often paid out in cash within 12 months.
Infrastructure gives returns in Year 10, 15, or 20.
If a SACCO invests heavily in infra, it will pay lower dividends for a decade.
Members will vote out that board in the next AGM. Political pressure kills long-term thinking.

[Decoded @Bygones_24]

THREAD: Why SACCOs are the wrong vehicle for infrastructure funding

SACCOs look like the perfect local solution — member-owned, community-based, patriotic.
But patriotism doesn't pay for steel and asphalt.
Here is the structural reality that makes SACCOs a poor fit for 30-year projects.

SACCOs offer deposit accounts and FOSA services.
That means members can walk in tomorrow and demand their money.
No SACCO board can tell a member: "Sorry, your savings are tied up in a highway for 15 more years."
That is a liquidity crisis waiting to happen.

[Sam Jonyo @jonyo_sam]

@moneyacademyKE It's not ending any time soon! We have a wicked voracious leader! He is leaving nothing, he is scrapping for everything!!

[Sam Jonyo @jonyo_sam]

@C_NyaKundiH What would you do if it were you? Would you trust a hyena to take care of your goat? The same hyena that ate your cows and sheep?

[Sam Jonyo @jonyo_sam]

@UtdDitu That team cannot even beat Brighton or Bournemouth!!

[Sam Jonyo @jonyo_sam]

@Kama36378Kamau @C_NyaKundiH Shut up!!

[Cyprian, Is Nyakundi @C_NyaKundiH]

The signs of a sovereign odious debt default are now very clear, even for those who have no brains, because a government that has borrowed everywhere, taxed everything, sold public assets, squeezed workers through deductions and now wants SACCO savings is no longer looking for development money, it is looking for survival money.

Banks built a comfortable debt circle with government, where lending to the state became easier, safer and more rewarding than taking risks with SMEs, traders, farmers, contractors, manufacturers and ordinary Kenyans trying to keep their biasharas alive.

That relationship slowly choked the real economy, because banks preferred government paper, Treasury kept borrowing, SMEs were starved of credit, small borrowers were punished, and Kenyans who could no longer breathe inside the banking system ran back to SACCOs.

SACCOs became the last refuge for people abandoned by banks, the place where teachers, police officers, nurses, boda riders, matatu people, farmers, mama mbogas and small traders could still save slowly, borrow with dignity and keep families moving.

Now the same government that helped banks turn debt into a feeding system is following Kenyans into SACCOs, looking at the savings people built from salaries, farming, biashara, side hustles and painful monthly deductions.

This is the last nail.

SACCO money is not idle Treasury money waiting to be touched, it is private sacrifice by ordinary Kenyans who saved for school fees, land, homes, hospital bills, emergencies, small businesses and survival in an economy already squeezed by taxes, loans and bad policy.

A government that cannot explain where borrowed billions went cannot be trusted with SACCO billions, especially when the same infrastructure language has already been used for years to hide wastage, inflated contracts, brokers, political friends and budget games.

This is how a country tells you quietly that lenders are tired, banks are already overfed on government debt, taxes are no longer enough, public assets have been lined up, and the last pool of money outside Treasury’s direct hands is now being targeted.

The money is finished, and now they are following Kenyans into the last safe corner they had left.

[Sam Jonyo @jonyo_sam]

@moneyacademyKE This government is evil!!

[Sam Jonyo @jonyo_sam]

@Beno10_MFC 29

[Sam Jonyo @jonyo_sam]

@HandofArsenal Staying at the top is not easy! Clubs around us are going to improve their squad massively in order to catch up! We will be surprised if we get comfortable anf fail to strengthen!