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Only one side of kenya is growing...or is it?
Rank: Elder Joined: 12/9/2009 Posts: 1,491 Location: Nairobi
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Just out of curiosity i thought the highway was to be built connecting msa to uganda bt sadly along the road somewhere the project is stalled? What is happening? Kenya ni yetu sisi sote
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Rank: User Joined: 6/27/2008 Posts: 709 Location: Velayat-e Faryab
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MaichBlack wrote:extrablessed wrote:...Lets get into the dreamland and assume for one moment that you are a REAL SONKO, and you have some Ksh25B to invest...Being the wise wazuan investor that you are where would you put your money?...Kitui? Nanyuki? Kapchemusuo? Kitui? Turkana? Narok? or Thika??? Very good question. I hope we'll get an honest answer. @extra.... If the choice has to come from the towns you stated, I would invest such a huge sum in Thika as a private developer. However, if the choice were for anywhere in the country, I would head to Eldoret, make my money and move to Switzerland or Singapore but retain a dual citizenship with Kenya. Am Kalejin. Then, I would tour the world like never before. Go overdrive in purchasing the goods when there's blood on the streets, expecially if the blood is your own
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Rank: Elder Joined: 12/6/2008 Posts: 3,548
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I have always viewed Kisumu as the best place to invest for a company focused on growing in the region, especially industrial/Agricultural. A lake where one can have good supply of water. Fairly good infrastructure, cheap labor (or at least many idle people), transportation of goods by water to TZ and UG. I have always figured a good industrial/Agro town would be located there. There seem to be large chunks of idle land. There must be something wrong with Kisumu that makes people avoid it, what is it? I think Kenya Breweries may have the answer as they once invested heavily there. Or does politics interfere with work there?, I remember some American farm tried to grow some crops there and the politics exploded on them like nonsense. A New Kenya
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Rank: Member Joined: 8/25/2010 Posts: 283 Location: Nairobi
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my take on this is..as Simpson says "Truly visionary governments invest resources where they may not have immediate returns but improve the overall quality of life of MAJORITY of their people in the long term" Our current leaders and policy makers unfortunately are the ones to advocate for this, but with all due respect they still want to cling to the old ways of doing things. They are leading us as if they will be no tomorrow. All to them that matters is 2012. Anyone who watched Citizen today's Breakfast show the new CEO of Safaricom Knows what the future holds. www.propertyzote.com the ultimate ‘one stop online shop’ of choice connecting more people with more properties at the click of a button
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Rank: Elder Joined: 6/23/2009 Posts: 13,497 Location: nairobi
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iko pumbavu kwa hii thread imesema kitengela haijaendelea. i bought 1/4 acre land in milimani area of ktngla for six hundred thao in 2007 and its now at a mkt rate of 1.7m. Honestly, one should visit the area before running mouth ovyo ovyo.
HF 30,000 ABP 3.49; KQ 414,100 ABP 7.92; MTN 23,800 ABP 6.45
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Rank: Member Joined: 7/22/2009 Posts: 120 Location: KENYA
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@ Much Know, You are spot on, on that. Kisumu would be the most ideal county for an agro industrial concern. What with all the requisite infrastructure. I once visited Equator bottlers on the shores of L. Victoria, water is readily available from the lake and were it not for Cocacola's restrictions, muhindi guy was saying, he would be transporting the products to Ug n Tz via the lake. Where else in Kenya can you do that?
Politics and arrogance will be Kisumu's undoing!
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Rank: Elder Joined: 5/30/2009 Posts: 1,390
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@obiero, relax, take some coffee, breathe in and out...then apologise to whoever you called pumbavu. What a wicked man I am!The things I want to do,I don't do.The things I don't want to do I find myself doing
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Rank: Member Joined: 7/5/2008 Posts: 390
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kadonye wrote:@obiero, relax, take some coffee, breathe in and out...then apologise to whoever you called pumbavu. apologies for what? that's an expression- we often pass our skewed analyses as gospel
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Rank: Member Joined: 1/15/2010 Posts: 625
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[/quote]
...Lets get into the dreamland and assume for one moment that you are a REAL SONKO, and you have some Ksh25B to invest...Being the wise wazuan investor that you are where would you put your money?...Kitui? Nanyuki? Kapchemusuo? Kitui? Turkana? Narok? or Thika???[/quote]
Depends on how smart/creative you are.
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Rank: Elder Joined: 6/23/2009 Posts: 13,497 Location: nairobi
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i sincerly apologize to the pumbavu!
HF 30,000 ABP 3.49; KQ 414,100 ABP 7.92; MTN 23,800 ABP 6.45
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Rank: Elder Joined: 11/27/2007 Posts: 3,604
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let us head back to the main topic of discussion. African parents don't know how to say sorry.. the closest you will get to a sorry is a 'have you eaten'
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Rank: Member Joined: 7/12/2010 Posts: 201
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Politics is what kills Kisumu as an investment destination. one can not invest there without the "blessings" of certain politiciana. Cheap labor iko, water is there, ok infrastructure.... Anyway, i have heard of that mzungu project who just opted out, then there was some other guys who had just completed a rice mill/factory but it was burnt down in the 2008 skirmishes - out of nothing really.
Kenya railways also wanted to build a second city in some massive land they own by the land but they didnt get sufficient investors - they killed the project altogether
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Rank: Elder Joined: 2/7/2007 Posts: 11,935 Location: Nairobi
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Investing in Kisumu is 95% risk and 5% business sense........I wish the owner of the Kimwa chain of hotels and entertainment spots was around to testify this. Nothing great was ever achieved without enthusiasm.
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Rank: Elder Joined: 9/12/2006 Posts: 1,554
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MaichBlack wrote:extrablessed wrote:...Lets get into the dreamland and assume for one moment that you are a REAL SONKO, and you have some Ksh25B to invest...Being the wise wazuan investor that you are where would you put your money?...Kitui? Nanyuki? Kapchemusuo? Kitui? Turkana? Narok? or Thika??? Very good question. I hope we'll get an honest answer. For a real sonko, you can create towns, industies, resort areas, anywhere and people will follow becuase a real sonko will utilise and tap into the natural resource of the area by putting/enhancing value to attract people, this has happened elsewhere and worked.
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Rank: Elder Joined: 9/12/2006 Posts: 1,554
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Njung'e wrote:Investing in Kisumu is 95% risk and 5% business sense........I wish the owner of the Kimwa chain of hotels and entertainment spots was around to testify this. This means 95% profit and 5% loss.... read high risks high returns (when not down in ashes)
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Rank: Elder Joined: 12/6/2008 Posts: 3,548
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Kisumu it appears is just a lot of lost potential. I would say the most poorly utilized area in Kenya. I have even heard that guys who try to make viable investments in supporting fishing are soon bombarded with political nonsense such that fish farms in Nairobi, Eastern and Central will form more viable sources of fish, What a waste!!. I blame this on leaders from that region failing to develop a sense that personal gains can be made from the products of human labor and rather promoting a sense that gains can only be made from politics. Am saying(without real tribal bias) that the hotbed of Luo politics needs to be solving the problems of Nyanza and not Nairobi's Kibera. Failures in Kisumu and its environs are being exported to Nairobi (Kibera) and causing a lot of distraction. Little wonder during P.E.V Kibera residents were behaving exactly in the same way as Kisumu residents, burning formal places of work, because the true value of such commercial enterprises is not being promoted but rather the value of political seats and power. A New Kenya
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Rank: Elder Joined: 9/12/2006 Posts: 1,554
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Much Know wrote:Kisumu it appears is just a lot of lost potential. I would say they most poorly utilized area in Kenya. I have even heard that guys who try to make viable investments in supporting fishing are soon bombarded with political nonsense such that fish farms in Nairobi, Eastern and Central will form more viable sources of fish, What a waste!!. I blame this on leaders from that region failing to develop a sense that personal gains can be made from the products of human labor and rather promoting a sense that gains can only be made from politics posts. Am saying(without real tribal bias) that the hotbed of Luo politics needs to be solving the problems of Nyanza and not Nairobi's Kibera. Failures in Kisumu and its environs are being exported to Nairobi (Kibera) and causing a lot of distraction. Little wonder during P.E.V Kibera residents were behaving exactly in the same way as Kisumu residents, burning formal places of work, because the true value of such commercial enterprises is not being promoted but rather the value of political seats and power. What would you say of Turkana, with the lake around? and Tana area with the river flowing 365 days? or lake baringo area to name but a few? these always support the government in power.. why do we loose potential in these areas?
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Rank: Elder Joined: 6/17/2008 Posts: 23,365 Location: Nairobi
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Rank: Elder Joined: 2/7/2007 Posts: 11,935 Location: Nairobi
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@Mcdoba/Jamani, I like my ROI in form of cash or some cheque....Not bags of ashes or empty shelfs...That aside,this town has opportunities and potential beyond belief....but do i say? Nothing great was ever achieved without enthusiasm.
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Rank: Elder Joined: 9/12/2006 Posts: 1,554
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Njung'e wrote:@Mcdoba/Jamani, I like my ROI in form of cash or some cheque....Not bags of ashes or empty shelfs...That aside,this town has opportunities and potential beyond belief....but do i say? @Njung'e thats exactly what we are saying, you will be getting 95% ROI in cash all the time. But with "siasa mbaya" then your business goes under with 95%* X-months in operations. BTW the Kimwa guy made his money long before the ashes.Which other county can you make that? These guys spend roho safi... yes but do they say?
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