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Peter Ndegwa - New Safaricom CEO
Kusadikika
#16 Posted : Thursday, October 24, 2019 10:32:19 PM
Rank: Elder

Joined: 7/22/2008
Posts: 2,721
hardwood wrote:
This self hate by Kenyans is too much. With such inferiority complex can these loser dads ever motivate their kids to be the best in the world....and aim to run top firms like Diageo Europe, or safaricom?

Am sure that there would have be no complaints if safaricom had collected some mzungu high school drop out from the streets of London to come and run the company. Didn't they all praise the black British high school drop out Bob Collymore? And now they dont believe that a kenyan MBA with extensive international experience spanning all the way to Europe can run the local mobile phone company?


Running Diageo in Europe is very easy, it is just business. Running Safaricom will be siasa from day one. I can assure you in his first month he will receive calls from Sonko who will first ask for favors, somea him, threaten him, insult him, record the phone conversation and post in on twitter, Atwoli will call him shenzi, Baba will also call, Ruto.....

Then there will be Bob Collymore's boys club..... unafikiri walikuwa marafiki wa Collymore kwa sababu ya sura yake... these guys need those connections and I am sure they are already calling.

Halafu there will be his classmates from nursery school mpaka University. I am sure there are more than 1000 people today who on reading the news proclaimed loudly for all to hear, "Ndegwa ni my friend muno, twathomaga nake" (Ndegwa is a very good friend of mine, we used to read (go to school) together).

No Kenyan has ever led a Kenyan company with 250 billion shillings in revenue. It is almost equivalent to what the 47 governors combined control na ndio huwa wanaturingia. I really sympathise with Ndegwa. I would never want to be in that position. I hope he does well.
Rollins
#17 Posted : Thursday, October 24, 2019 10:59:16 PM
Rank: Member

Joined: 3/23/2011
Posts: 503
Of Course Equity is where it is courtesy of the Mizungu CEOs
Even a BrOKeN clock is right twice a day
sitaki.kujulikana
#18 Posted : Thursday, October 24, 2019 11:22:30 PM
Rank: Veteran

Joined: 8/25/2012
Posts: 1,826
Rollins wrote:
Of Course Equity is where it is courtesy of the Mizungu CEOs

smile world Bank smile
murchr
#19 Posted : Thursday, October 24, 2019 11:58:02 PM
Rank: Elder

Joined: 2/26/2012
Posts: 15,980
Congratulations to Mr. Ndegwa. If it was not a Kenyan then it would have been a S.African. I'd rather a Kenyan anytime
"There are only two emotions in the market, hope & fear. The problem is you hope when you should fear & fear when you should hope: - Jesse Livermore
.
Kusadikika
#20 Posted : Friday, October 25, 2019 12:31:34 AM
Rank: Elder

Joined: 7/22/2008
Posts: 2,721
This guy has been appointed just in time to be struck by lightning. He is walking into a perfect storm. Safaricom and banks are the only companies in Kenya making money everyone else is suffering and things are about to get worse. Payments for the Suswa-Duka Moja SGR will more than triple in the next 3 years most likely with zero revenue. KRA will be squeezing for more money and then we have a referendum and an election coming up.

Those Vodacom guys of course know all these macroeconomic factors and I think they knew hard times were coming. So they did what all smart investors do; they got their money out. Check out Safaricom's dividend payout over the last 5 years. They have been getting more and more generous. Everyone has completely recouped their investment from dividend payments only and whatever capital they hold is a bonus. Even Bob Collymore before he died was on his way out.

These guys have seen the gathering clouds ahead and have appointed a Kenyan to stand in the rain.
kaka2za
#21 Posted : Friday, October 25, 2019 12:33:58 AM
Rank: Elder

Joined: 10/3/2008
Posts: 4,058
Location: Gwitu
Rollins wrote:
Of Course Equity is where it is courtesy of the Mizungu CEOs



Mwangi is Equity. Personal interest is the only motivation. Even companies owned by Kidero and Kirubi are doing well.
Ndegwa won't last. You heard it here.
Truth forever on the scaffold
Wrong forever on the throne
(James Russell Rowell)
Lolest!
#22 Posted : Friday, October 25, 2019 2:19:33 PM
Rank: Elder

Joined: 3/18/2011
Posts: 12,069
Location: Kianjokoma
kaka2za wrote:
Rollins wrote:
Of Course Equity is where it is courtesy of the Mizungu CEOs



Mwangi is Equity. Personal interest is the only motivation. Even companies owned by Kidero and Kirubi are doing well.
Ndegwa won't last. You heard it here.

So is the problem that Kenyans cannot run with integrity a business they don't own??
Laughing out loudly smile Applause d'oh! Sad Drool Liar Shame on you Pray
Rollins
#23 Posted : Friday, October 25, 2019 2:25:56 PM
Rank: Member

Joined: 3/23/2011
Posts: 503
kaka2za wrote:
Rollins wrote:
Of Course Equity is where it is courtesy of the Mizungu CEOs



Mwangi is Equity. Personal interest is the only motivation. Even companies owned by Kidero and Kirubi are doing well.
Ndegwa won't last. You heard it here.

What about EABL? It was the biggest taxpayer before safcom and has remained among the top for quite some time. I mean, you have to give Ndegwa his chance. Safaricom was written off when an unknown Bob Collymore took over from Michael. Look where he took it!
Even a BrOKeN clock is right twice a day
XSK
#24 Posted : Friday, October 25, 2019 3:23:50 PM
Rank: Veteran

Joined: 12/8/2009
Posts: 975
Location: Nairobi
Rollins wrote:
kaka2za wrote:
Rollins wrote:
Of Course Equity is where it is courtesy of the Mizungu CEOs



Mwangi is Equity. Personal interest is the only motivation. Even companies owned by Kidero and Kirubi are doing well.
Ndegwa won't last. You heard it here.

What about EABL? It was the biggest taxpayer before safcom and has remained among the top for quite some time. I mean, you have to give Ndegwa his chance. Safaricom was written off when an unknown Bob Collymore took over from Michael. Look where he took it!


Exactly what i think.. Ndegwa should be given a chance to do his thing
You will know that you have arrived when money and time are not mutually exclusive "events" in you life!
gk
#25 Posted : Friday, October 25, 2019 3:45:15 PM
Rank: Member

Joined: 5/17/2008
Posts: 489
hardwood wrote:
This self hate by Kenyans is too much. With such inferiority complex can these loser dads ever motivate their kids to be the best in the world....and aim to run top firms like Diageo Europe, or safaricom?

Am sure that there would have be no complaints if safaricom had collected some mzungu high school drop out from the streets of London to come and run the company. Didn't they all praise the black British high school drop out Bob Collymore? And now they dont believe that a kenyan MBA with extensive international experience spanning all the way to Europe can run the local mobile phone company?


Ni kiwaru tu watu wako nayo.
kaka2za
#26 Posted : Friday, October 25, 2019 5:12:53 PM
Rank: Elder

Joined: 10/3/2008
Posts: 4,058
Location: Gwitu
Rollins wrote:
kaka2za wrote:
Rollins wrote:
Of Course Equity is where it is courtesy of the Mizungu CEOs



Mwangi is Equity. Personal interest is the only motivation. Even companies owned by Kidero and Kirubi are doing well.
Ndegwa won't last. You heard it here.

What about EABL? It was the biggest taxpayer before safcom and has remained among the top for quite some time. I mean, you have to give Ndegwa his chance. Safaricom was written off when an unknown Bob Collymore took over from Michael. Look where he took it!


Who wrote of Collymore..remember the quote that he was a white man in nyeuthi skin?

Anyway about EABL,here is the the top management:
Andrew Cowan - Group Managing Director, East African Breweries Limited
Gyorgy Geiszl - Group Finance and Strategy Director
Jane Karuku - Managing Director, Kenya Breweries Limited
Alvin Mbugua - Managing Director, Uganda Breweries Limited

Nywele ngumu works well under supervision.
Truth forever on the scaffold
Wrong forever on the throne
(James Russell Rowell)
2012
#27 Posted : Friday, October 25, 2019 5:16:32 PM
Rank: Elder

Joined: 12/9/2009
Posts: 6,592
Location: Nairobi
kaka2za wrote:
Rollins wrote:
Of Course Equity is where it is courtesy of the Mizungu CEOs



Mwangi is Equity. Personal interest is the only motivation. Even companies owned by Kidero and Kirubi are doing well.
Ndegwa won't last. You heard it here.


People said the same when Collymore was appointed... end of Safaricom... etc.
Give the man a chance, I'm sure Vodacom did not go hunting for for a failure.

BBI will solve it
:)
hardwood
#28 Posted : Friday, October 25, 2019 5:49:54 PM
Rank: Elder

Joined: 7/28/2015
Posts: 9,562
Location: Rodi Kopany, Homa Bay
Sad that after >50yrs of independence and with so many Kenyans having PhDs, MBAs etc we still want foreigners to come and run local companies. So after how long, after how many yrs, are we supposed to stand on our feet and run our businesses?
hardwood
#29 Posted : Friday, October 25, 2019 5:56:31 PM
Rank: Elder

Joined: 7/28/2015
Posts: 9,562
Location: Rodi Kopany, Homa Bay
kaka2za wrote:
Rollins wrote:
kaka2za wrote:
Rollins wrote:
Of Course Equity is where it is courtesy of the Mizungu CEOs



Mwangi is Equity. Personal interest is the only motivation. Even companies owned by Kidero and Kirubi are doing well.
Ndegwa won't last. You heard it here.

What about EABL? It was the biggest taxpayer before safcom and has remained among the top for quite some time. I mean, you have to give Ndegwa his chance. Safaricom was written off when an unknown Bob Collymore took over from Michael. Look where he took it!


Who wrote of Collymore..remember the quote that he was a white man in nyeuthi skin?

Anyway about EABL,here is the the top management:
Andrew Cowan - Group Managing Director, East African Breweries Limited
Gyorgy Geiszl - Group Finance and Strategy Director
Jane Karuku - Managing Director, Kenya Breweries Limited
Alvin Mbugua - Managing Director, Uganda Breweries Limited

Nywele ngumu works well under supervision.


This is a very stupid mentality.
kaka2za
#30 Posted : Friday, October 25, 2019 9:16:03 PM
Rank: Elder

Joined: 10/3/2008
Posts: 4,058
Location: Gwitu
hardwood wrote:
kaka2za wrote:
Rollins wrote:
kaka2za wrote:
Rollins wrote:
Of Course Equity is where it is courtesy of the Mizungu CEOs



Mwangi is Equity. Personal interest is the only motivation. Even companies owned by Kidero and Kirubi are doing well.
Ndegwa won't last. You heard it here.

What about EABL? It was the biggest taxpayer before safcom and has remained among the top for quite some time. I mean, you have to give Ndegwa his chance. Safaricom was written off when an unknown Bob Collymore took over from Michael. Look where he took it!


Who wrote of Collymore..remember the quote that he was a white man in nyeuthi skin?

Anyway about EABL,here is the the top management:
Andrew Cowan - Group Managing Director, East African Breweries Limited
Gyorgy Geiszl - Group Finance and Strategy Director
Jane Karuku - Managing Director, Kenya Breweries Limited
Alvin Mbugua - Managing Director, Uganda Breweries Limited

Nywele ngumu works well under supervision.


This is a very stupid mentality.


Not bothered by your inane comment.
It has been proved time and again that institutions collapse when handed over to Kenyans. Wait and see what will happen to SGR when it's handed over.
Gulana Kulalu is the first Israel supported project to fail in the world!
Truth forever on the scaffold
Wrong forever on the throne
(James Russell Rowell)
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