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Only one side of kenya is growing...or is it?
Sober
#31 Posted : Wednesday, November 03, 2010 10:35:24 AM
Rank: Elder

Joined: 11/27/2007
Posts: 3,604
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'
wakagori
#32 Posted : Wednesday, November 03, 2010 10:38:58 AM
Rank: Member

Joined: 7/12/2010
Posts: 201
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
Njung'e
#33 Posted : Wednesday, November 03, 2010 10:55:27 AM
Rank: Elder

Joined: 2/7/2007
Posts: 11,935
Location: Nairobi
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.
Jamani
#34 Posted : Wednesday, November 03, 2010 11:28:00 AM
Rank: Elder

Joined: 9/12/2006
Posts: 1,554
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.
Jamani
#35 Posted : Wednesday, November 03, 2010 11:34:44 AM
Rank: Elder

Joined: 9/12/2006
Posts: 1,554
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)
Much Know
#36 Posted : Wednesday, November 03, 2010 11:40:21 AM
Rank: Elder

Joined: 12/6/2008
Posts: 3,582
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.
Ras Kienyeji Man
Jamani
#37 Posted : Wednesday, November 03, 2010 11:46:05 AM
Rank: Elder

Joined: 9/12/2006
Posts: 1,554
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?
McReggae
#38 Posted : Wednesday, November 03, 2010 11:46:29 AM
Rank: Elder

Joined: 6/17/2008
Posts: 23,365
Location: Nairobi
Jamani wrote:
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)


Applause Applause Applause Applause Applause Applause Applause Applause Applause Applause Applause Applause
..."Wewe ni mtu mdogo sana....na mwenye amekuandika pia ni mtu mdogo sana!".
Njung'e
#39 Posted : Wednesday, November 03, 2010 3:23:56 PM
Rank: Elder

Joined: 2/7/2007
Posts: 11,935
Location: Nairobi
McReggae wrote:
Jamani wrote:
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)


Applause Applause Applause Applause Applause Applause Applause Applause Applause Applause Applause Applause


@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.
Jamani
#40 Posted : Wednesday, November 03, 2010 4:00:35 PM
Rank: Elder

Joined: 9/12/2006
Posts: 1,554
Njung'e wrote:
McReggae wrote:
Jamani wrote:
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)


Applause Applause Applause Applause Applause Applause Applause Applause Applause Applause Applause Applause


@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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