Wazua
»
Investor
»
Property
»
Cytonn Tower vs Britam Tower
Rank: Elder Joined: 8/16/2011 Posts: 2,296
|
The new law being curved is removing schools from the CBD. SO this guys are screwed up and cannot stop such an upcoming project Schools should only be located where there is enough ground, This is happening allover the world
|
|
Rank: Elder Joined: 7/28/2015 Posts: 9,562 Location: Rodi Kopany, Homa Bay
|
Cytonn Towers project REJECTED. Approvals CANCELLED. https://www.businessdail...97596-bltwpcz/index.html
|
|
Rank: Member Joined: 3/8/2018 Posts: 507 Location: Nairobi
|
While I'm not a fan of the overall Cytonn business model, here they have a right to sue the county government for compensation. You can't just be dishing out approvals and cancelling them later "after public outcry". This is not a banana republic. Real capital and sweat equity goes into these projects. It doesn't bode well for general investor confidence.
|
|
Rank: Elder Joined: 12/7/2012 Posts: 11,908
|
rwitre wrote:While I'm not a fan of the overall Cytonn business model, here they have a right to sue the county government for compensation. You can't just be dishing out approvals and cancelling them later "after public outcry". This is not a banana republic. Real capital and sweat equity goes into these projects. It doesn't bode well for general investor confidence. This one nobody is crying Kidero, Kidero, Kidero This is a big blow to Cytonn, let them sue iliiwefunzo kwa kanjo!! In the business world, everyone is paid in two coins - cash and experience. Take the experience first; the cash will come later - H Geneen
|
|
Rank: Elder Joined: 7/28/2015 Posts: 9,562 Location: Rodi Kopany, Homa Bay
|
Angelica _ann wrote:rwitre wrote:While I'm not a fan of the overall Cytonn business model, here they have a right to sue the county government for compensation. You can't just be dishing out approvals and cancelling them later "after public outcry". This is not a banana republic. Real capital and sweat equity goes into these projects. It doesn't bode well for general investor confidence. This one nobody is crying Kidero, Kidero, Kidero This is a big blow to Cytonn, let them sue iliiwefunzo kwa kanjo!! Owner of the demolished gigiri hotel should also sue coz county gave him approvals and then cancelled later "after public outcry - including UN and US" and this was after he had sunk billions into the project.
|
|
Rank: Elder Joined: 12/4/2009 Posts: 10,678 Location: NAIROBI
|
hardwood wrote:Angelica _ann wrote:rwitre wrote:While I'm not a fan of the overall Cytonn business model, here they have a right to sue the county government for compensation. You can't just be dishing out approvals and cancelling them later "after public outcry". This is not a banana republic. Real capital and sweat equity goes into these projects. It doesn't bode well for general investor confidence. This one nobody is crying Kidero, Kidero, Kidero This is a big blow to Cytonn, let them sue iliiwefunzo kwa kanjo!! Owner of the demolished gigiri hotel should also sue coz county gave him approvals and then cancelled later "after public outcry from UN and US" and this was after he had sunk billions into the project. The "owner" illegally issued it. Wealth is built through a relatively simple equation Wealth=Income + Investments - Lifestyle
|
|
Rank: Elder Joined: 4/30/2008 Posts: 6,029
|
rwitre wrote:While I'm not a fan of the overall Cytonn business model, here they have a right to sue the county government for compensation. You can't just be dishing out approvals and cancelling them later "after public outcry". This is not a banana republic. Real capital and sweat equity goes into these projects. It doesn't bode well for general investor confidence. Court case can take as long as 10 years and effecting the decree/award against The County may be a tall order..Easiest way is for Dande/Cytton to visit Sonko with Shs 35m and load the Shs 35m on the many units they will build..Avic had issues, they talked nicely to Sonko, Waititu had issues, he talked to Sonko nicely..Sonko ni binadamu na pia yeye anatafuta tu kama Dande..Dande aache uchoyo, akule na watu kazi inyoroke..Mambo ya kukimbilia korti ni ushenzi na kama anafikiri korti itampa approvals, wacha aende huko..
|
|
Rank: Elder Joined: 12/4/2009 Posts: 10,678 Location: NAIROBI
|
mawinder wrote:rwitre wrote:While I'm not a fan of the overall Cytonn business model, here they have a right to sue the county government for compensation. You can't just be dishing out approvals and cancelling them later "after public outcry". This is not a banana republic. Real capital and sweat equity goes into these projects. It doesn't bode well for general investor confidence. Court case can take as long as 10 years and effecting the decree/award against The County may be a tall order..Easiest way is for Dande/Cytton to visit Sonko with Shs 35m and load the Shs 35m on the many units they will build..Avic had issues, they talked nicely to Sonko, Waititu had issues, he talked to Sonko nicely..Sonko ni binadamu na pia yeye anatafuta tu kama Dande..Dande aache uchoyo, akule na watu kazi inyoroke..Mambo ya kukimbilia korti ni ushenzi na kama anafikiri korti itampa approvals, wacha aende huko.. Ya Avic it was about renewal of permit and AVIC had godfathers from above. This one for cytonn its tough after handshake manenos Wealth is built through a relatively simple equation Wealth=Income + Investments - Lifestyle
|
|
Rank: Veteran Joined: 8/30/2007 Posts: 1,558 Location: Nairobi
|
mawinder wrote:rwitre wrote:While I'm not a fan of the overall Cytonn business model, here they have a right to sue the county government for compensation. You can't just be dishing out approvals and cancelling them later "after public outcry". This is not a banana republic. Real capital and sweat equity goes into these projects. It doesn't bode well for general investor confidence. Court case can take as long as 10 years and effecting the decree/award against The County may be a tall order..Easiest way is for Dande/Cytton to visit Sonko with Shs 35m and load the Shs 35m on the many units they will build..Avic had issues, they talked nicely to Sonko, Waititu had issues, he talked to Sonko nicely..Sonko ni binadamu na pia yeye anatafuta tu kama Dande..Dande aache uchoyo, akule na watu kazi inyoroke..Mambo ya kukimbilia korti ni ushenzi na kama anafikiri korti itampa approvals, wacha aende huko.. Cytonn are quite against the culture of “chotaing” so that’s not gonna happen
|
|
Rank: Member Joined: 9/27/2006 Posts: 503
|
Horton wrote:mawinder wrote:rwitre wrote:While I'm not a fan of the overall Cytonn business model, here they have a right to sue the county government for compensation. You can't just be dishing out approvals and cancelling them later "after public outcry". This is not a banana republic. Real capital and sweat equity goes into these projects. It doesn't bode well for general investor confidence. Court case can take as long as 10 years and effecting the decree/award against The County may be a tall order..Easiest way is for Dande/Cytton to visit Sonko with Shs 35m and load the Shs 35m on the many units they will build..Avic had issues, they talked nicely to Sonko, Waititu had issues, he talked to Sonko nicely..Sonko ni binadamu na pia yeye anatafuta tu kama Dande..Dande aache uchoyo, akule na watu kazi inyoroke..Mambo ya kukimbilia korti ni ushenzi na kama anafikiri korti itampa approvals, wacha aende huko.. Cytonn are quite against the culture of “chotaing” so that’s not gonna happen Yep, suing might have been a bad move even though 'public outcry' is a pretty flimsy excuse... Who knows how long the case could take in Kenyan courts.
|
|
Rank: Elder Joined: 2/26/2012 Posts: 15,980
|
mawinder wrote:rwitre wrote:While I'm not a fan of the overall Cytonn business model, here they have a right to sue the county government for compensation. You can't just be dishing out approvals and cancelling them later "after public outcry". This is not a banana republic. Real capital and sweat equity goes into these projects. It doesn't bode well for general investor confidence. Court case can take as long as 10 years and effecting the decree/award against The County may be a tall order..Easiest way is for Dande/Cytton to visit Sonko with Shs 35m and load the Shs 35m on the many units they will build..Avic had issues, they talked nicely to Sonko, Waititu had issues, he talked to Sonko nicely..Sonko ni binadamu na pia yeye anatafuta tu kama Dande..Dande aache uchoyo, akule na watu kazi inyoroke..Mambo ya kukimbilia korti ni ushenzi na kama anafikiri korti itampa approvals, wacha aende huko.. You cant chotea Sonko. That will be the end of you "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 .
|
|
Rank: Veteran Joined: 4/1/2009 Posts: 1,883
|
murchr wrote:mawinder wrote:rwitre wrote:While I'm not a fan of the overall Cytonn business model, here they have a right to sue the county government for compensation. You can't just be dishing out approvals and cancelling them later "after public outcry". This is not a banana republic. Real capital and sweat equity goes into these projects. It doesn't bode well for general investor confidence. Court case can take as long as 10 years and effecting the decree/award against The County may be a tall order..Easiest way is for Dande/Cytton to visit Sonko with Shs 35m and load the Shs 35m on the many units they will build..Avic had issues, they talked nicely to Sonko, Waititu had issues, he talked to Sonko nicely..Sonko ni binadamu na pia yeye anatafuta tu kama Dande..Dande aache uchoyo, akule na watu kazi inyoroke..Mambo ya kukimbilia korti ni ushenzi na kama anafikiri korti itampa approvals, wacha aende huko.. You cant chotea Sonko. That will be the end of you seems like some people have not realised this yet. he might actually be eating, but it takes a special type of courage and stupidity to try and do such deals with him.
|
|
Rank: Elder Joined: 4/30/2008 Posts: 6,029
|
mkenyan wrote:murchr wrote:mawinder wrote:rwitre wrote:While I'm not a fan of the overall Cytonn business model, here they have a right to sue the county government for compensation. You can't just be dishing out approvals and cancelling them later "after public outcry". This is not a banana republic. Real capital and sweat equity goes into these projects. It doesn't bode well for general investor confidence. Court case can take as long as 10 years and effecting the decree/award against The County may be a tall order..Easiest way is for Dande/Cytton to visit Sonko with Shs 35m and load the Shs 35m on the many units they will build..Avic had issues, they talked nicely to Sonko, Waititu had issues, he talked to Sonko nicely..Sonko ni binadamu na pia yeye anatafuta tu kama Dande..Dande aache uchoyo, akule na watu kazi inyoroke..Mambo ya kukimbilia korti ni ushenzi na kama anafikiri korti itampa approvals, wacha aende huko.. You cant chotea Sonko. That will be the end of you seems like some people have not realised this yet. he might actually be eating, but it takes a special type of courage and stupidity to try and do such deals with him. Sonko is eating, only that kidogo ndio hachukui..In case he refuses to eat,Cytton have an office at Chancery and a prominent wheeler dealer has an office at Chancery too..It is as simple as visiting the wheeler dealer at Chancery with an envelope and the wheeler dealer will call Sonko and order him to stop the nonsense,alternatively Cytonn can use mama wa mkubwa to call Sonko and tell him to approve..In such instances, Sonko himself will deliver the approvals to Cytonn
|
|
Rank: Elder Joined: 4/30/2008 Posts: 6,029
|
Horton wrote:mawinder wrote:rwitre wrote:While I'm not a fan of the overall Cytonn business model, here they have a right to sue the county government for compensation. You can't just be dishing out approvals and cancelling them later "after public outcry". This is not a banana republic. Real capital and sweat equity goes into these projects. It doesn't bode well for general investor confidence. Court case can take as long as 10 years and effecting the decree/award against The County may be a tall order..Easiest way is for Dande/Cytton to visit Sonko with Shs 35m and load the Shs 35m on the many units they will build..Avic had issues, they talked nicely to Sonko, Waititu had issues, he talked to Sonko nicely..Sonko ni binadamu na pia yeye anatafuta tu kama Dande..Dande aache uchoyo, akule na watu kazi inyoroke..Mambo ya kukimbilia korti ni ushenzi na kama anafikiri korti itampa approvals, wacha aende huko.. Cytonn are quite against the culture of “chotaing” so that’s not gonna happen In Kenya you have to eat with people..My rural home was a gift from someone I assisted..If you don't eat with people, you won't go far...Stakeholder engagement and relations is important in project management
|
|
Rank: Elder Joined: 7/22/2008 Posts: 2,702
|
mawinder wrote:Horton wrote:mawinder wrote:rwitre wrote:While I'm not a fan of the overall Cytonn business model, here they have a right to sue the county government for compensation. You can't just be dishing out approvals and cancelling them later "after public outcry". This is not a banana republic. Real capital and sweat equity goes into these projects. It doesn't bode well for general investor confidence. Court case can take as long as 10 years and effecting the decree/award against The County may be a tall order..Easiest way is for Dande/Cytton to visit Sonko with Shs 35m and load the Shs 35m on the many units they will build..Avic had issues, they talked nicely to Sonko, Waititu had issues, he talked to Sonko nicely..Sonko ni binadamu na pia yeye anatafuta tu kama Dande..Dande aache uchoyo, akule na watu kazi inyoroke..Mambo ya kukimbilia korti ni ushenzi na kama anafikiri korti itampa approvals, wacha aende huko.. Cytonn are quite against the culture of “chotaing” so that’s not gonna happen In Kenya you have to eat with people..My rural home was a gift from someone I assisted..If you don't eat with people, you won't go far...Stakeholder engagement and relations is important in project management I hate to agree with mawinder lakini hapa he is spot on. Going to court is ill advised especially when you consider that county government is alleging that one of the reasons for the cancellation is because of residents complaining. The constitution that was passed in 2010 has one poison pill that will maliza businesses that want to do anything big. That poison pill is called public participation. In mawinder language all that this means is lazima ukule na watu. It just needs one resident of Kilimani to show up and be enjoined in the suite and he will claim that public participation was not done. If you go to do the public participation 10 people show up and they oppose until utoe kitu.
|
|
Rank: Elder Joined: 2/26/2012 Posts: 15,980
|
Kusadikika wrote:mawinder wrote:Horton wrote:mawinder wrote:rwitre wrote:While I'm not a fan of the overall Cytonn business model, here they have a right to sue the county government for compensation. You can't just be dishing out approvals and cancelling them later "after public outcry". This is not a banana republic. Real capital and sweat equity goes into these projects. It doesn't bode well for general investor confidence. Court case can take as long as 10 years and effecting the decree/award against The County may be a tall order..Easiest way is for Dande/Cytton to visit Sonko with Shs 35m and load the Shs 35m on the many units they will build..Avic had issues, they talked nicely to Sonko, Waititu had issues, he talked to Sonko nicely..Sonko ni binadamu na pia yeye anatafuta tu kama Dande..Dande aache uchoyo, akule na watu kazi inyoroke..Mambo ya kukimbilia korti ni ushenzi na kama anafikiri korti itampa approvals, wacha aende huko.. Cytonn are quite against the culture of “chotaing” so that’s not gonna happen In Kenya you have to eat with people..My rural home was a gift from someone I assisted..If you don't eat with people, you won't go far...Stakeholder engagement and relations is important in project management I hate to agree with mawinder lakini hapa he is spot on. Going to court is ill advised especially when you consider that county government is alleging that one of the reasons for the cancellation is because of residents complaining. The constitution that was passed in 2010 has one poison pill that will maliza businesses that want to do anything big. That poison pill is called public participation. In mawinder language all that this means is lazima ukule na watu. It just needs one resident of Kilimani to show up and be enjoined in the suite and he will claim that public participation was not done. If you go to do the public participation 10 people show up and they oppose until utoe kitu. Ask that Cyton man to try greasing Sonkos hands and wait for it. Am sure he has tried, it's cheaper to grease a politician's hand than go to court. Not everyone is as desperate as mawinder. "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 .
|
|
Rank: Veteran Joined: 8/30/2007 Posts: 1,558 Location: Nairobi
|
murchr wrote:Kusadikika wrote:mawinder wrote:Horton wrote:mawinder wrote:rwitre wrote:While I'm not a fan of the overall Cytonn business model, here they have a right to sue the county government for compensation. You can't just be dishing out approvals and cancelling them later "after public outcry". This is not a banana republic. Real capital and sweat equity goes into these projects. It doesn't bode well for general investor confidence. Court case can take as long as 10 years and effecting the decree/award against The County may be a tall order..Easiest way is for Dande/Cytton to visit Sonko with Shs 35m and load the Shs 35m on the many units they will build..Avic had issues, they talked nicely to Sonko, Waititu had issues, he talked to Sonko nicely..Sonko ni binadamu na pia yeye anatafuta tu kama Dande..Dande aache uchoyo, akule na watu kazi inyoroke..Mambo ya kukimbilia korti ni ushenzi na kama anafikiri korti itampa approvals, wacha aende huko.. Cytonn are quite against the culture of “chotaing” so that’s not gonna happen In Kenya you have to eat with people..My rural home was a gift from someone I assisted..If you don't eat with people, you won't go far...Stakeholder engagement and relations is important in project management I hate to agree with mawinder lakini hapa he is spot on. Going to court is ill advised especially when you consider that county government is alleging that one of the reasons for the cancellation is because of residents complaining. The constitution that was passed in 2010 has one poison pill that will maliza businesses that want to do anything big. That poison pill is called public participation. In mawinder language all that this means is lazima ukule na watu. It just needs one resident of Kilimani to show up and be enjoined in the suite and he will claim that public participation was not done. If you go to do the public participation 10 people show up and they oppose until utoe kitu. Ask that Cyton man to try greasing Sonkos hands and wait for it. Am sure he has tried, it's cheaper to grease a politician's hand than go to court. Not everyone is as desperate as mawinder. Greasing palms is not Cytonn’s thing. They will never do this. One of the reasons I hold this company to high regard. It may take years for courts, it may not even be ruled in their favor, however due process is followed and I think as Kenyans, we need to embrace this culture and stop greasing palms.
|
|
Rank: Member Joined: 3/8/2018 Posts: 507 Location: Nairobi
|
Horton wrote:murchr wrote:Kusadikika wrote:mawinder wrote:Horton wrote:mawinder wrote:rwitre wrote:While I'm not a fan of the overall Cytonn business model, here they have a right to sue the county government for compensation. You can't just be dishing out approvals and cancelling them later "after public outcry". This is not a banana republic. Real capital and sweat equity goes into these projects. It doesn't bode well for general investor confidence. Court case can take as long as 10 years and effecting the decree/award against The County may be a tall order..Easiest way is for Dande/Cytton to visit Sonko with Shs 35m and load the Shs 35m on the many units they will build..Avic had issues, they talked nicely to Sonko, Waititu had issues, he talked to Sonko nicely..Sonko ni binadamu na pia yeye anatafuta tu kama Dande..Dande aache uchoyo, akule na watu kazi inyoroke..Mambo ya kukimbilia korti ni ushenzi na kama anafikiri korti itampa approvals, wacha aende huko.. Cytonn are quite against the culture of “chotaing” so that’s not gonna happen In Kenya you have to eat with people..My rural home was a gift from someone I assisted..If you don't eat with people, you won't go far...Stakeholder engagement and relations is important in project management I hate to agree with mawinder lakini hapa he is spot on. Going to court is ill advised especially when you consider that county government is alleging that one of the reasons for the cancellation is because of residents complaining. The constitution that was passed in 2010 has one poison pill that will maliza businesses that want to do anything big. That poison pill is called public participation. In mawinder language all that this means is lazima ukule na watu. It just needs one resident of Kilimani to show up and be enjoined in the suite and he will claim that public participation was not done. If you go to do the public participation 10 people show up and they oppose until utoe kitu. Ask that Cyton man to try greasing Sonkos hands and wait for it. Am sure he has tried, it's cheaper to grease a politician's hand than go to court. Not everyone is as desperate as mawinder. Greasing palms is not Cytonn’s thing. They will never do this. One of the reasons I hold this company to high regard. It may take years for courts, it may not even be ruled in their favor, however due process is followed and I think as Kenyans, we need to embrace this culture and stop greasing palms. True true. Whatever happened to being honourable. You can chase profits without fuelling a vice that is crippling the country.
|
|
Rank: Elder Joined: 11/5/2010 Posts: 2,459
|
Cytonn has today delivered their alma in ruaka phase 1 (113 units).
This company has been called a pyramid scheme so many times but they keep proving themselves over and over.
|
|
Rank: Veteran Joined: 8/30/2007 Posts: 1,558 Location: Nairobi
|
FRM2011 wrote: Cytonn has today delivered their alma in ruaka phase 1 (113 units).
This company has been called a pyramid scheme so many times but they keep proving themselves over and over.
Yep I was invited. There was Baba and Babayao :) Where are the naysayers now?
|
|
Wazua
»
Investor
»
Property
»
Cytonn Tower vs Britam Tower
Forum Jump
You cannot post new topics in this forum.
You cannot reply to topics in this forum.
You cannot delete your posts in this forum.
You cannot edit your posts in this forum.
You cannot create polls in this forum.
You cannot vote in polls in this forum.
|