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Stanley Murage consortium bids for 80% RVR
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Fyatu
#11 Posted : Wednesday, January 04, 2017 1:06:22 PM
Rank: Veteran

Joined: 1/20/2011
Posts: 1,822
Location: Nakuru
What is wrong if a consortium made-up of Kenyan business people acquired a stake in the railway through a fair transaction? Must it always be a muzungu a mu-China, mu Indi/Singh or Mu Arabu?
Dumb money becomes dumb only when it listens to smart money
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Obi 1 Kanobi
#12 Posted : Wednesday, January 04, 2017 2:40:54 PM
Rank: Elder

Joined: 7/23/2008
Posts: 3,017
There are surely better ways to invest that money. RVR running on the lunatic express is definitely not the way to go.

Offcourse unless they are angling for the SGR concession once complete
"The purpose of bureaucracy is to compensate for incompetence and lack of discipline." James Collins
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obiero
#13 Posted : Wednesday, January 04, 2017 3:34:43 PM
Rank: Elder

Joined: 6/23/2009
Posts: 14,354
Location: nairobi
Fyatu wrote:
What is wrong if a consortium made-up of Kenyan business people acquired a stake in the railway through a fair transaction? Must it always be a muzungu a mu-China, mu Indi/Singh or Mu Arabu?

@fyatu a GoK worker has KES 13.2B lying idly.. That doesn't concern u
COOP, IMH, KEGN, MTNU
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kayhara
#14 Posted : Wednesday, January 04, 2017 3:53:16 PM
Rank: Veteran

Joined: 5/5/2011
Posts: 1,059
Angelica _ann wrote:
When SGR is through, what will happen to the old line and RVR?

Don't they have an agreement with GoK to get compensated for future business loss because of SGR
To Each His Own
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Impunity
#15 Posted : Wednesday, January 04, 2017 6:36:09 PM
Rank: Elder

Joined: 3/2/2009
Posts: 26,335
Location: Masada
Angelica _ann wrote:
When SGR is through, what will happen to the old line and RVR?


The old line will not go anywhere:

It will transport Jubilee crude from Eldee to Coast.
It will standby for the SGR in case of a major incident.
It is a NATIONAL suvenia.


Portfolio: Sold
You know you've made it when you get a parking space for your yatcht.
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Impunity
#16 Posted : Wednesday, January 04, 2017 6:40:39 PM
Rank: Elder

Joined: 3/2/2009
Posts: 26,335
Location: Masada
Ericsson wrote:
Impunity wrote:
The gaament should just cancel this RVR deal and return the railway to the public, from there we can form a special purpose vehicle to run it,devoid of gaament meddle!

I can head the SPV free of salary.

This is sad.


The government can't cancel the deal because of penalties and charges they will incurr.
The best they can do is sabotage them till when the concession is over.
Once it over the railway line will be taken back by Kenya Railways and they could probably use it for the return line of SGR.


We are a souvenir state, the gaament hold the public properties in TRUST for wananchi...we can go on the streets and have the silly contract annulled overnight.
Shame on you Shame on you
Portfolio: Sold
You know you've made it when you get a parking space for your yatcht.
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murchr
#17 Posted : Wednesday, January 04, 2017 6:56:31 PM
Rank: Elder

Joined: 2/26/2012
Posts: 15,980
maka wrote:
KulaRaha wrote:
Your taxes being used for private enterprises.


Very good...


What good. When you use the road are you using up anyone's taxes? As long as they are operating their old archaic trains and paying KR for the rail use the same way you pay the road levy when you fuel your jalopy, we shouldn't care what musical chairs they are playing in the board rooms.
"There are only two emotions in the market, hope & fear. The problem is you hope when you should fear & fear when you should hope: - Jesse Livermore
.
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Fyatu
#18 Posted : Wednesday, January 04, 2017 10:44:15 PM
Rank: Veteran

Joined: 1/20/2011
Posts: 1,822
Location: Nakuru
obiero wrote:
Fyatu wrote:
What is wrong if a consortium made-up of Kenyan business people acquired a stake in the railway through a fair transaction? Must it always be a muzungu a mu-China, mu Indi/Singh or Mu Arabu?

@fyatu a GoK worker has KES 13.2B lying idly.. That doesn't concern u


@obiero. I beg to differ. He has been chairman of Amstrong & Duncan for 39 years. I bet you are not as old. In case you are wondering what business Amstrong and Duncan does, they are quantity surveyors. He has been doing quantity surveying in more than 4 African nations since 1977. He has probably raised as much an amount in the last 39 years of construction boom(many wazuans can profess a construction boom in the last 5 years, him he knows a boom of 39 years).Respect hard work,patience and diligence. Unimaginable wealth can be build in the long-term by smart fellas.The Other guys(the Mayieka's and the Shreeji's) are also Kenyans who have built businesses wort mentioning. Wa Kenya wanaweza. Look around and notice Kenyan brands doing big business honestly.
Dumb money becomes dumb only when it listens to smart money
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obiero
#19 Posted : Wednesday, January 04, 2017 10:52:14 PM
Rank: Elder

Joined: 6/23/2009
Posts: 14,354
Location: nairobi
Fyatu wrote:
obiero wrote:
Fyatu wrote:
What is wrong if a consortium made-up of Kenyan business people acquired a stake in the railway through a fair transaction? Must it always be a muzungu a mu-China, mu Indi/Singh or Mu Arabu?

@fyatu a GoK worker has KES 13.2B lying idly.. That doesn't concern u


@obiero. I beg to differ. He has been chairman of Amstrong & Duncan for 39 years. I bet you are not as old. In case you are wondering what business Amstrong and Duncan does, they are quantity surveyors. He has been doing quantity surveying in more than 4 African nations since 1977. He has probably raised as much an amount in the last 39 years of construction boom(many wazuans can profess a construction boom in the last 5 years, him he knows a boom of 39 years).Respect hard work,patience and diligence. Unimaginable wealth can be build in the long-term by smart fellas.The Other guys(the Mayieka's and the Shreeji's) are also Kenyans who have built businesses wort mentioning. Wa Kenya wanaweza. Look around and notice Kenyan brands doing big business honestly.

@fyatu KES 13.3B free float.. Even at the NSE very few would be having that sum as cash reserve
COOP, IMH, KEGN, MTNU
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Fyatu
#20 Posted : Thursday, January 05, 2017 12:20:54 AM
Rank: Veteran

Joined: 1/20/2011
Posts: 1,822
Location: Nakuru
obiero wrote:
Fyatu wrote:
obiero wrote:
Fyatu wrote:
What is wrong if a consortium made-up of Kenyan business people acquired a stake in the railway through a fair transaction? Must it always be a muzungu a mu-China, mu Indi/Singh or Mu Arabu?

@fyatu a GoK worker has KES 13.2B lying idly.. That doesn't concern u


@obiero. I beg to differ. He has been chairman of Amstrong & Duncan for 39 years. I bet you are not as old. In case you are wondering what business Amstrong and Duncan does, they are quantity surveyors. He has been doing quantity surveying in more than 4 African nations since 1977. He has probably raised as much an amount in the last 39 years of construction boom(many wazuans can profess a construction boom in the last 5 years, him he knows a boom of 39 years).Respect hard work,patience and diligence. Unimaginable wealth can be build in the long-term by smart fellas.The Other guys(the Mayieka's and the Shreeji's) are also Kenyans who have built businesses wort mentioning. Wa Kenya wanaweza. Look around and notice Kenyan brands doing big business honestly.

@fyatu KES 13.3B free float.. Even at the NSE very few would be having that sum as cash reserve


come on man! It is a consortium. A group of individuals with different skills but with the same proposition....toa gogos baba
Dumb money becomes dumb only when it listens to smart money
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