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Cytonn Tower vs Britam Tower
Rank: Elder Joined: 8/16/2011 Posts: 2,389
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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
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Rank: Elder Joined: 7/28/2015 Posts: 9,562 Location: Rodi Kopany, Homa Bay
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Cytonn Towers project REJECTED. Approvals CANCELLED.
https://www.businessdail...97596-bltwpcz/index.html
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Rank: Member Joined: 3/8/2018 Posts: 507 Location: Nairobi
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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.
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Rank: Elder Joined: 12/7/2012 Posts: 11,937
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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
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Rank: Elder Joined: 7/28/2015 Posts: 9,562 Location: Rodi Kopany, Homa Bay
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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.
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Rank: Elder Joined: 12/4/2009 Posts: 10,820 Location: NAIROBI
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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
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Rank: Elder Joined: 4/30/2008 Posts: 6,029
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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..
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Rank: Elder Joined: 12/4/2009 Posts: 10,820 Location: NAIROBI
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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
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Rank: Veteran Joined: 8/30/2007 Posts: 1,558 Location: Nairobi
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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
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Rank: Member Joined: 9/27/2006 Posts: 506
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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.
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