It was an Exuberant and joyous day with the Parents of learners in Boarding Secondary Schools, Universities and Colleges.
Ihura Stadium in the morning.
Gitige ACC grounds in the afternoon.
Hon Charles Machigo, Hon Bernard Ruiru, Hon Wa Kang’ata, Hon Esther Irungu, Hon Mose, Hon Nyoko, Mama Sacco among many Leaders, Parents and stakeholders attended.
Excellent people always.
We are African and Africa is our Business..
We have been consistent on how Kenya cannot operate two Loan books in any name. That it had to take World Bank to make the government wake up from the lie is disappointing.
Securitisation and any Guarantees including in the PPP arrangements is part of the National debt and must always be recorded as such. We can be “clever” on many things but figures are stubborn.
We are now borrowing at a much faster rate than any time in history. This is the biggest threat we face as a Country and we sure will pay for it soon if we don’t change course.
We are African and Africa is our Business..
https://t.co/x7zZMJRzKZ
Today, we met with Parents of Boarding Secondary Schools and Universities & Colleges during Education Forums.
We met at Kiharu TVC in the morning before proceeding to Kigetuini and later at Kambirwa.
Hon Gathee Wa Njeri, Hon Esther Irungu, Hon Winnie, Hon Bernard Ruiru, Mama Sacco among others leaders, Parents and stakeholders attended.
Great people always.
We are African and Africa is our Business..
Today morning, we gave a talk on Entrepreneurship and Investments to the Members of Thika Sports Club.
We explored opportunities for scaling businesses and optimal allocation of capital.
We are African and African is our Business..
I take this opportunity to thank NTV, Nation and the NMG for pulling down erroneous posts from their platform. I appreciate your swift action in stopping the spread of misinformation.
Many thanks to all Media houses for attending the Press conference.
Asanteni my Bosses the people of Kenya.
We are African and African is our Business..
Wadosi Wakenya Wote, I come in Peace and humility.
The vote for the Finance Bill happened yesterday; disappointingly, I was not in Parliament. I travelled out of the Country on Wednesday evening for engagements that could not have been postponed. But no explanation should absolve the blame.
As for the feedback we have received from all Kenyans, we take it with humility. All the feedback will go a long way in making us better as we discharge our duties in Parliament and outside as we serve the great people of Kenya.
We have always been available and forthright in debating both the Appropriations Bill and the Finance Bill on the committee and on the floor of the house as a commitment to giving a different and alternative view. This has also been an important platform of informing Kenyans on the things that affect them, the businesses, investment decisions and the Economy in general.
Whereas this is important, we also must acknowledge the fact that Parliament is in an unprecedented phase where both the Majority and the Minority leadership are on the same side thereby making it difficult to effectively act as an institution of oversight. That’s why we choose to do it both inside and outside.
On the proposals we had on reducing fuel prices, we had the opportunity to appear before the relevant committees. Unfortunately, the Finance Committee did not include the proposals in their final report. The alternative that was left was that of initiating a private member bill. However, this was deemed as a “Money Bill” and could not be carried as an amendment in the Finance Bill on the Floor. It had to take its own course. The guidance from relevant offices in parliament was that we initiate the process after the Finance bill process since most officers of parliament and especially the Parliament Budget Office were engaged in the process of Finance Bill and Appropriations Bill.
The process will now continue on a different path.
I have taken time to read the feedback from Kenyans and it is clear that; we carry an immense responsibility that we should always live up to.
We are glad that together, we have achieved many things through debate, talking about them in forums & media and sharing information. To cite just two;
In December, we were able to speak forthrightly about the plan to hike School Fees for Day Secondary Schools. The plan was shelved, not by the involvement of Parliament; but by the government knowing that Kenyans were aware.
Earlier this year, we took up the issue of the 15% GoK sale of Safaricom shares. While the majority of numbers prevailed in Parliament, the Judiciary sided with our view and money has never changed hands. The sale has never been effected.
We have taken it upon ourselves to tabulate, collate and analyse Economic related information which we always quietly and gladly share with leaders both in Parliament and outside for better oversight and alternative viewpoints.
Personal comfort would call for us to be quiet at critical moments, but it is unpatriotic to seek comfort over what is right.
As human as we are, we are far from being perfect and we will always seek to learn from the feedback we receive.
Asanteni sana.
We are African and Africa is our Business.
The whole African is supporting Senegal, pale kwa Ousmane Sonko. Though even the France team looks very African.
We are African and Africa is our Business..
TRILLIONAIRES AND EVOLUTION OF BILLIONAIRES: As the world witnesses the First ever Dollar Trillionaire, among the things that are evident is that new industries, business dynamism and disruption is the frontier of the modern economy. Of note also is that most of these individuals are “never thinking normally”. They neither act so;
As Elon Musk crosses past $1.1 Trillion, according to Forbes, not included in the estimate is “performance based restricted shares that could boost his stake in SpaceX to 47% and Tesla to 29%. These are some of the delivery targets to reach there - among other benchmarks, to grow SpaceX to a market capitalization of $7.5 Trillion and Tesla to $8.5 Trillion. Another goal to gain this is establishing a permanent human colony on Mars with at least one million inhabitants.
Musk is the Chairman, CEO and CTO of SpaceX. He is also the CEO of Tesla. He is also CO CEO of Boring Company and CEO of brain transplant company Neuralink. He was among the founders of Paypay after merging with his Fintech company. They later sold the company to eBay for $ 1.5 Billion in 2000. He founded SpaceX in 2002. He was also one of the Founders of OpenAI in 2015 (Currently valued at $852 Billion) and also set for a blockbuster IPO later.
Elon Musks wealth is 164 times that of Donald Trump. He would only spend 2.3% to buy all the companies listed in the NSE - 100% of the companies.
Aliko Dangote the wealthiest is Africa is number 68 in the world. With a net worth of $32.5 Bn, he is wealthier than John D Rockefeller who was at $ 1.2 Bn in 1918 ($29 Bn adjusted to today’s Dollar).
We are African and Africa is our Business..
We are African and Africa is our Business..
Ndindi Nyoro: Talk on Financial Stewardship, Entrepreneurship and Creati... https://t.co/s4TelxZtSV via @YouTube
It was a splendid evening yesterday giving a talk on Financial Stewardship, Entrepreneurship and Building Sustainable Wealth at Deliverance Church, Christ Centre, Kahawa Sukari.
The event hosted by Rev Silas Owiti had many Kenyans from various Sectors of our Economy. It is always a learning experience sharing such platforms with Kenyans who are working hard to build our Country.
We are African and Africa is our Business..
Unprecedented. Elon Musk is the First Dollar Trillionaire in the World. Now with a net worth of $ 1.1Trillion following the listing of SpaceX today.
As the wealthiest person in the World, the gap between him and number 2 is is over $800. He is wealthier than number 2,3,4 and 5 combined. Larry Page (Google), Sergey Brin (Google), Jeff Bezos (Amazon) and Larry Ellison (Oracle).
Interestingly, all his businesses are unconventional. Tesla (Electric Cars and Tech), SpaceX (Exploration, Rockets, Spacecraft, AI, Starlink is also part of the company, Boring Company (Tunneling) and Neuralink (Brain implant company).
His wealth of approximately Ksh 143 Trillion can pay all our Public debt and consequently fund our budget for 35 years without Kenyans having to pay any taxes or levies to government Ceteris Paribus. With debt service exempted since there will be none to service.
Ingenuity, hard work, foresight and some level of obsession and not being “normal” are some of the attributes that are evident.
We are African and Africa is our Business..