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Tatu City: A Dream that Will Never Materialize
InnovateGuy
#1 Posted : Saturday, November 17, 2012 10:07:33 PM
Rank: Veteran

Joined: 11/15/2012
Posts: 1,110
Tatu City- believed to be the largest private real estate project in Kenya- may not beak ground at all!

Stephen Mwagiru, a shareholder in Tatu City Ltd, is seeking for its wind up. The ownership of Tatu City Ltd was laid bare on Friday (16/11/2012) following an embattled court case.

Contrary to popular belief, the "real" owners of Tatu City maybe foreigners!

Source
Live Full Die Empty - Les Brown.
Am
#2 Posted : Sunday, November 18, 2012 9:32:09 AM
Rank: Veteran

Joined: 2/21/2012
Posts: 1,739
@InnovateGuy...Bost a Rink Pwana. Some of us has interest there, and/or explain to us what happened and is happening Please..Thank you
Do not be anxious about anything, but in everything, by prayer and petition, with thanksgiving, present your requests to God..
S.Mutaga III
#3 Posted : Sunday, November 18, 2012 9:37:05 AM
Rank: Member

Joined: 3/26/2012
Posts: 830
Please post a link...i am a person of interest in this project...
A successful man is not he who gets the best, it is he who makes the best from what he gets.
bkismat
#4 Posted : Sunday, November 18, 2012 10:17:01 AM
Rank: Elder

Joined: 10/23/2009
Posts: 2,375
http://www.nation.co.ke/...2/-/hu3ylvz/-/index.html
It is better to keep your mouth closed and let people think you are a fool than to open it and remove all doubt...
-Mark Twain
mawinder
#5 Posted : Sunday, November 18, 2012 10:19:51 AM
Rank: Elder

Joined: 4/30/2008
Posts: 6,029
am,s mutaga 111,make a habit of going through the dailies daily.
S.Mutaga III
#6 Posted : Sunday, November 18, 2012 10:31:35 AM
Rank: Member

Joined: 3/26/2012
Posts: 830
The information in daily nation is very shallow....but I appreciate their effort...I though he/she had a deeper source
A successful man is not he who gets the best, it is he who makes the best from what he gets.
mawinder
#7 Posted : Sunday, November 18, 2012 10:39:02 AM
Rank: Elder

Joined: 4/30/2008
Posts: 6,029
What does the constitution when read together with the new land laws say about foreigners owning land in Kenya?
sparkly
#8 Posted : Sunday, November 18, 2012 3:55:08 PM
Rank: Elder

Joined: 9/23/2009
Posts: 8,083
Location: Enk are Nyirobi
Its no secret that the real owners and financiers of Tatu city is Renaissance Capital of Russia!

Which Kenyan has 240B to invest in the planning, roads, power, water, sewer infrastructure? The financiers have to get a profit from the project, whether we like it or not. At the end of the day Kenyans and foreign investors will be left with a nice city to live, play and work in. It doesnt come free of charge.

All this the Gov should have provided but failed to do so, hence why they are offering tax breaks and other incentives.

In my opinion the Gov should have been a partner in the project, by providing free land or buying the land and handing it to the developers. The price of the serviced plots in the city would have been much cheaper and affordable to the common mwananchi.
Life is short. Live passionately.
guru267
#9 Posted : Sunday, November 18, 2012 4:16:01 PM
Rank: Elder

Joined: 1/21/2010
Posts: 6,675
Location: Nairobi
sparkly wrote:
Which Kenyan has 240B to invest in the planning, roads, power, water, sewer infrastructure?


The Kenyatta family meets this criteria! smile

check on this: www.allafrica.com/storie...-android%26channel%3Dnew
Mark 12:29
Deuteronomy 4:16
Mukiri
#10 Posted : Sunday, November 18, 2012 6:46:15 PM
Rank: Elder

Joined: 7/11/2012
Posts: 5,222
guru267 wrote:
sparkly wrote:
Which Kenyan has 240B to invest in the planning, roads, power, water, sewer infrastructure?


The Kenyatta family meets this criteria! smile

check on this: www.allafrica.com/storie...-android%26channel%3Dnew


With ICC eying his accounts? And presidency?d'oh!

Proverbs 19:21
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