I disagree with his theory. When Equity was busy recruiting members and opening ATM points, acquiring branches here and there, many predicted its death due to heavy investments without the numbers and deep pocket customers. Infact Ndii himself resigned as an advisor to the bank when rumors went around that portrayed Equity as a ticking time bomb.

Truth is all these companies went on binge investing, they all raised money through the stock exchange. On investments, Equity did so aggressively in applications and technology hence the ATMs, presence of their branches everywhere and agency banking...now telecommunications. For Safcom, they also invested in technology 2G, 3G now 4G(heck how many have 3G compatible phones let alone 4G) and fiber optic cable which they continue doing yet many dont even know what that cable can do.

Yes Mumias shouldn't have invested in a water bottling plant esp since they were only thinking of water and nothing else (sparkling, mineral, purified etc) , the other investment avenues eg. Electricity, Ethanol are sound investments if well managed would have made Mumias RICH. Mumia's biggest problem is not investing on a bottling plant.. but sugar barons

KQ's biggest issue was the delay of planes by Boeing then when the planes landed the political climate changed, when they climate improved terrorists came calling, they hedged on fuel then the prices went down (missed on that) so they kept on paying more for cheap jet fuel then add those high operating costs all that equal to a DISASTER.

In this article Ndii is allover the place, he touches on the LAPSSET prog, Nokia, Tesla, geothermal you can tell he's a typical economist..."dont spend...eish, lets wait and see what will happen tomorow" mentality trying to be a strategist.

Same thing with our coffee... Produced here, shipped out then back here after some processing with 5x the markup...

If KQ was to quit flying today, what would these pilots do? Probably that is what they should be doing now.