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Vimal Shah emerges as richest Kenyan
mawinder
#1 Posted : Thursday, February 20, 2014 10:06:25 AM
Rank: Elder


Joined: 4/30/2008
Posts: 6,029
Vimal Shah beats Moi,Biwott,Mama Ngina,Kulei etc to emerge the richest Kenyan

I find the list as shallow,unfounded and false
http://www.businessdaily.../-/539546/2213866/-/6ggn
simonkabz
#2 Posted : Thursday, February 20, 2014 10:14:50 AM
Rank: Elder


Joined: 3/2/2007
Posts: 8,776
Location: Cameroon
mawinder wrote:
I find the list as shallow,unfounded and false
http://www.businessdailyafrica..../-/539546/2213866/-/6ggn


Source not available. Maybe they realized the upus.
TULIA.........UFUNZWE!
washiku
#3 Posted : Thursday, February 20, 2014 10:19:21 AM
Rank: Chief


Joined: 5/9/2007
Posts: 13,095
simonkabz wrote:
[quote=mawinder]I find the list as shallow,unfounded and false
http://www.businessdaily...-/539546/2213866/-/6ggn[/quote]

Source not available. Maybe they realized the upus.


Its actually the headline today in the Nation.

http://www.nation.co.ke/...92/-/ttk1yt/-/index.html
McReggae
#4 Posted : Thursday, February 20, 2014 10:22:07 AM
Rank: Elder


Joined: 6/17/2008
Posts: 23,365
Location: Nairobi
Treceability is the problem why many politicians miss from the list....mali ya kufichwo!!!!
..."Wewe ni mtu mdogo sana....na mwenye amekuandika pia ni mtu mdogo sana!".
2012
#5 Posted : Thursday, February 20, 2014 11:11:06 AM
Rank: Elder


Joined: 12/9/2009
Posts: 6,592
Location: Nairobi
I knew Vimal would be big when he bought off the legendary Kimbo and Cowboy brands from the giant, Unilever! It was unthinkable!

BBI will solve it
:)
Pedes
#6 Posted : Thursday, February 20, 2014 11:15:48 AM
Rank: Member


Joined: 9/30/2013
Posts: 659
[quote=mawinder]I find the list as shallow,unfounded and false
http://www.businessdaily...-/539546/2213866/-/6ggn[/quote]

May be not. The List comprises of those who willingly declare their wealth. Our wanasiasa et al dont like doing so.
If you stay ready, no need to get ready.
mawinder
#7 Posted : Thursday, February 20, 2014 11:31:20 AM
Rank: Elder


Joined: 4/30/2008
Posts: 6,029
Pedes wrote:
[quote=mawinder]I find the list as shallow,unfounded and false
http://www.businessdaily...-/539546/2213866/-/6ggn[/quote]

May be not. The List comprises of those who willingly declare their wealth. Our wanasiasa et al dont like doing so.

How would one know his or her networth.As for me I dont know my networth and have never known.
Swenani
#8 Posted : Thursday, February 20, 2014 11:57:28 AM
Rank: User


Joined: 8/15/2013
Posts: 13,237
Location: Vacuum
mawinder wrote:
Pedes wrote:
[quote=mawinder]I find the list as shallow,unfounded and false
http://www.businessdaily...-/539546/2213866/-/6ggn[/quote]

May be not. The List comprises of those who willingly declare their wealth. Our wanasiasa et al dont like doing so.

How would one know his or her networth.As for me I dont know my networth and have never known.

Net worth=Assets-Liabilities
If Obiero did it, Who Am I?
simonkabz
#9 Posted : Thursday, February 20, 2014 12:07:00 PM
Rank: Elder


Joined: 3/2/2007
Posts: 8,776
Location: Cameroon
mawinder wrote:
Pedes wrote:
[quote=mawinder]I find the list as shallow,unfounded and false
http://www.businessdaily...-/539546/2213866/-/6ggn[/quote]

May be not. The List comprises of those who willingly declare their wealth. Our wanasiasa et al dont like doing so.

How would one know his or her networth.As for me I dont know my networth and have never known.


lol! labda hauna ene Laughing out loudly
TULIA.........UFUNZWE!
McReggae
#10 Posted : Thursday, February 20, 2014 12:08:17 PM
Rank: Elder


Joined: 6/17/2008
Posts: 23,365
Location: Nairobi
Lakini this one is trying to confuse us, otherwise many people know who owns Kenya!!!!
..."Wewe ni mtu mdogo sana....na mwenye amekuandika pia ni mtu mdogo sana!".
innairobi
#11 Posted : Thursday, February 20, 2014 12:16:12 PM
Rank: Member


Joined: 9/2/2010
Posts: 845
The 'UK-based' research firm is a briefcase company that cannot even be found on Ngoogol. Why can't Africans trust themselves? Hii inferiority complex ya mwafrika ilitoka wapi? Why reproduce an obviously shallow report simply because it is from mzungu when there are perhaps tens of locals that can do a far more credible job?
All my friends are heathens, take it slow. Wait for them to ask you who you know. Please don't make any sudden moves.
McReggae
#12 Posted : Thursday, February 20, 2014 12:30:32 PM
Rank: Elder


Joined: 6/17/2008
Posts: 23,365
Location: Nairobi
Who also heard that Bidco meant 'BIwott & Daniel COmpany' in years gone by????
..."Wewe ni mtu mdogo sana....na mwenye amekuandika pia ni mtu mdogo sana!".
simonkabz
#13 Posted : Thursday, February 20, 2014 12:37:10 PM
Rank: Elder


Joined: 3/2/2007
Posts: 8,776
Location: Cameroon
McReggae wrote:
Who also heard that Bidco meant 'BIwott & Daniel COmpany' in years gone by????


Kumbe it was just mushene.
TULIA.........UFUNZWE!
KulaRaha
#14 Posted : Thursday, February 20, 2014 12:38:13 PM
Rank: Elder


Joined: 7/26/2007
Posts: 6,514
McReggae wrote:
Who also heard that Bidco meant 'BIwott & Daniel COmpany' in years gone by????


Don't know about Danny, but Biwott is/was surely in the mix.
Business opportunities are like buses,there's always another one coming
mawinder
#15 Posted : Thursday, February 20, 2014 12:46:00 PM
Rank: Elder


Joined: 4/30/2008
Posts: 6,029
KulaRaha wrote:
McReggae wrote:
Who also heard that Bidco meant 'BIwott & Daniel COmpany' in years gone by????


Don't know about Danny, but Biwott is/was surely in the mix.

Those were just rumours just like it was rumoured that Matiba would get two shillings from every bottle of beer sold.
Obi 1 Kanobi
#16 Posted : Thursday, February 20, 2014 12:56:28 PM
Rank: Elder


Joined: 7/23/2008
Posts: 3,017
BD must really hire someone to help them understand numbers. They are talking about 8,300 billionaires in Kenya.

A quick check assuming each has a networth of sh 1B goes like this;

8,300x 1,000,000,000=8,300,000,000,000/85= Us$ 98B

Our GDP is Us$ 40 B, so where is all this wealth.

Having said that, the people quoted on that list are seriously chuma'd

"The purpose of bureaucracy is to compensate for incompetence and lack of discipline." James Collins
McReggae
#17 Posted : Thursday, February 20, 2014 1:01:49 PM
Rank: Elder


Joined: 6/17/2008
Posts: 23,365
Location: Nairobi
Obi 1 Kanobi wrote:
BD must really hire someone to help them understand numbers. They are talking about 8,300 billionaires in Kenya.

A quick check assuming each has a networth of sh 1B goes like this;

8,300x 1,000,000,000=8,300,000,000,000/85= Us$ 98B

Our GDP is Us$ 40 B, so where is all this wealth.

Having said that, the people quoted on that list are seriously chuma'd



The Nation has 8200 dollar millionaires and not billionaires!!!!
..."Wewe ni mtu mdogo sana....na mwenye amekuandika pia ni mtu mdogo sana!".
Pedes
#18 Posted : Thursday, February 20, 2014 1:02:02 PM
Rank: Member


Joined: 9/30/2013
Posts: 659
Obi 1 Kanobi wrote:
BD must really hire someone to help them understand numbers. They are talking about 8,300 billionaires in Kenya.

A quick check assuming each has a networth of sh 1B goes like this;

8,300x 1,000,000,000=8,300,000,000,000/85= Us$ 98B

Our GDP is Us$ 40 B, so where is all this wealth.

Having said that, the people quoted on that list are seriously chuma'd



In the article they did mention that most of them have stashed their monies abroad. Those that they are left with here in Kenya is for petty cash errands
If you stay ready, no need to get ready.
Swenani
#19 Posted : Thursday, February 20, 2014 1:02:56 PM
Rank: User


Joined: 8/15/2013
Posts: 13,237
Location: Vacuum
mawinder wrote:
Pedes wrote:
[quote=mawinder]I find the list as shallow,unfounded and false
http://www.businessdaily...-/539546/2213866/-/6ggn[/quote]

May be not. The List comprises of those who willingly declare their wealth. Our wanasiasa et al dont like doing so.

How would one know his or her networth.As for me I dont know my networth and have never known.


Net worth=Assets-Liabilities
If Obiero did it, Who Am I?
mawinder
#20 Posted : Thursday, February 20, 2014 1:07:54 PM
Rank: Elder


Joined: 4/30/2008
Posts: 6,029
simonkabz wrote:
mawinder wrote:
Pedes wrote:
[quote=mawinder]I find the list as shallow,unfounded and false
http://www.businessdaily...-/539546/2213866/-/6ggn[/quote]

May be not. The List comprises of those who willingly declare their wealth. Our wanasiasa et al dont like doing so.

How would one know his or her networth.As for me I dont know my networth and have never known.


lol! labda hauna ene Laughing out loudly

It is because I have never done valuations for my plots,machinery,livestock,dogs,crops and other assets I own,besides it is difficult to value some as their value changes daily.
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