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Ukabila mingi
My 2 cents
#71 Posted : Tuesday, October 12, 2010 10:34:19 AM
Rank: Veteran

Joined: 6/2/2010
Posts: 1,091
guru267 wrote:
Africans should stop thinking on the basis of tribe but rather on the basis of trust....

If one hires those he trusts and they all happen to be from the same region then there's nothing wrong with this....
That said we must all be honest that central kenyans do own a huge chunk of kenya and this should gradually change....

Trust my foot! Do the rest of corporate Kenya hire based on 'whom we trust'

There is a definition for this, it is called nepotism. And it stinks!
guru267
#72 Posted : Tuesday, October 12, 2010 10:42:39 AM
Rank: Elder

Joined: 1/21/2010
Posts: 6,675
Location: Nairobi
My 2 cents wrote:
guru267 wrote:
Africans should stop thinking on the basis of tribe but rather on the basis of trust....

If one hires those he trusts and they all happen to be from the same region then there's nothing wrong with this....
That said we must all be honest that central kenyans do own a huge chunk of kenya and this should gradually change....

Trust my foot! Do the rest of corporate Kenya hire based on 'whom we trust'

There is a definition for this, it is called nepotism. And it stinks!

@my 2 cents please tell me any company on the NSE that was not a former parastatal and is not started based on nepotism....

Good luck to you on starting your business and hiring outsiders based on the reason of diversity... We'll see How that goes for you
Mark 12:29
Deuteronomy 4:16
newfarer
#73 Posted : Tuesday, October 12, 2010 10:43:26 AM
Rank: Elder

Joined: 3/19/2010
Posts: 3,505
Location: Uganda
Why equity has 'skewed' ownership/ Management


1.Equity has its roots in Central Kenya

2.Central Kenya and in particular Kikuyu has the highest population numbers.

http://www.nation.co.ke/...-/11l14rlz/-/index.html

According to the census, the top ethnic communities by numbers are Kikuyu at 6.62 million, Luhya 5.33 million, the Kalenjin at 4.96 million, and Luo 4.04 million,

Others are Kamba (3.89 million), Kenyan Somali (2.38 million), Kisii (2.21 million), Mijikenda (1.96 million), Meru (1.65 million), Turkana (0.99 million), Maasai (0.84 million), Teso (0.33 million) and Embu (0.32 million) among others.


Besides equity bank is a listed company, no one has precluded anyone owning equity.Why can't people just get in to the NSE and mop out all shares on offer for sell instead of complaining this tribe or that tribe.


punda amecheka
mlennyma
#74 Posted : Tuesday, October 12, 2010 10:50:36 AM
Rank: Elder

Joined: 7/21/2010
Posts: 6,194
Location: nairobi
And all this explains why every political succession weighs heavily on this k bank.
"Don't let the fear of losing be greater than the excitement of winning."
RichVee
#75 Posted : Tuesday, October 12, 2010 10:56:23 AM
Rank: Member

Joined: 1/26/2010
Posts: 124
Disclaimer - My origin is Central Kenya. I've never lived there.Simply put, I am a Kenyan, period.

Obiero made an observation. Everyone is entitled to an opinion. What is sad is to see the tirade of tribalistic comments that ensued.
If you deemed his statement to be lethal, why fuel it further. If one has nothing better to say, they should keep quiet. Is is a sad fact that it is the elite that start fires, but the poor and helpless are the ones that suffer the consequences.


Tired of mediocrity. Am going to the very top!
Wa_ithaka
#76 Posted : Tuesday, October 12, 2010 11:00:59 AM
Rank: Veteran

Joined: 1/7/2010
Posts: 1,279
Location: nbi
Equity Bank is a tribal bank- for Obiero et al

FACT-Up until 2001, only Central deposites or borrowed from Equity
FACT-up until 2006, Equity had done 3/4 private placements and only Kiuks queued up to put their money in it
FACT-NIC (Kiuks), DTB (Wahindi), ARM (Wahindi), Jubilee (Wahindi); KK (Kiuks) are all dominated by one tribe but nobody ever goes on about them.
FACT-they are 43 banks in Kenya. All open for business. They are 52 listed shares on the NSE. All looking for buyers.
The Governor of Nyeri - 2017
VituVingiSana
#77 Posted : Tuesday, October 12, 2010 11:02:34 AM
Rank: Chief

Joined: 1/3/2007
Posts: 18,368
Location: Nairobi
guru267 wrote:
My 2 cents wrote:
guru267 wrote:
Africans should stop thinking on the basis of tribe but rather on the basis of trust....

If one hires those he trusts and they all happen to be from the same region then there's nothing wrong with this....
That said we must all be honest that central kenyans do own a huge chunk of kenya and this should gradually change....

Trust my foot! Do the rest of corporate Kenya hire based on 'whom we trust'

There is a definition for this, it is called nepotism. And it stinks!

@my 2 cents please tell me any company on the NSE that was not a former parastatal and is not started based on nepotism....

Good luck to you on starting your business and hiring outsiders based on the reason of diversity... We'll see How that goes for you


Those that were parastatals with diverse staff:

- HFCK [GoK had a significant stake]
- KQ
Greedy when others are fearful. Very fearful when others are greedy - to paraphrase Warren Buffett
Wa_ithaka
#78 Posted : Tuesday, October 12, 2010 11:02:51 AM
Rank: Veteran

Joined: 1/7/2010
Posts: 1,279
Location: nbi
Obiero and other so inclined. I've set up thread for you to immerse yourself.
This thread was about an ordinary guy who achieved axtraordinary thangs and how his legacy will or will not impact Equity. Lets stick to that
The Governor of Nyeri - 2017
TAZ
#79 Posted : Tuesday, October 12, 2010 11:06:57 AM
Rank: Elder

Joined: 11/14/2007
Posts: 4,152
RichVee wrote:
Disclaimer - My origin is Central Kenya. I've never lived there.Simply put, I am a Kenyan, period.

Obiero made an observation. Everyone is entitled to an opinion. What is sad is to see the tirade of tribalistic comments that ensued.
If you deemed his statement to be lethal, why fuel it further. If one has nothing better to say, they should keep quiet. Is is a sad fact that it is the elite that start fires, but the poor and helpless are the ones that suffer the consequences.





The thread was on what impact Muguku's death would have on EB.....this whole tribal thing started from Obiero
Jangwa la Jangili
#80 Posted : Tuesday, October 12, 2010 11:08:04 AM
Rank: Member

Joined: 10/9/2009
Posts: 311
Diamond Trust Bank (Publicly Listed Company)

Board of Directors - 7 out of 8 of Asian origin
Senior Management - 10 out of 16 of Asian origin

In my 'short' time in Wazua, I am yet to see a single thread discuss DTB's diversity. Why do we feel so strongly that EB must 'share' with my tribe? Is it because it is a fellow African?

Are most African minds cursed to eternal retardation?

Suddenly a thread like the one below does not seem too far fetched.

http://www.wazua.co.ke/f...spx?g=posts&m=33582

There has not been a single comment here that provides a solution we can interrogate other than some vague proposals.

I hold very strong views on the West's obvious role in Africa's perpetual state of crisis and underdevelopment. But I am on the verge of issuing an unreserved apology.
Katika Jangwa la Jangili ndipo Pwagu hupata Pwaguzi.
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