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Mastermind Tobacco tycoon dies
Rank: Elder Joined: 12/9/2009 Posts: 6,592 Location: Nairobi
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Wilfred Murungi, the owner of Mastermind Tobacco has passed on. RIP. Time for another succession/inheritance battle.
BBI will solve it :)
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Rank: Elder Joined: 2/26/2012 Posts: 15,980
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I hope he had a will. Mastermind was in debt "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
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Rank: Elder Joined: 11/5/2010 Posts: 2,459
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This guy was a true enterpreneur/hustler. But something was not going well in the last few years.
Read in the papers the company has been in serious financial trouble to the extent of struggling with staff salaries
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Rank: Elder Joined: 12/9/2009 Posts: 6,592 Location: Nairobi
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murchr wrote:I hope he had a will. Mastermind was in debt Wills don't work in Kenya. The Kenyan judiciary is a total fail even with the CJ blaming government. If someone from the woodworks contests this will, it could take over 10 years in court and no resolution eventually. And if politics come in, the case will be bounced from one judge to another for years then the file will be "lost". So, what's the purpose of a will or any document in Kenya??? The best is to transfer the property (title/s, cash etc.) when you are still alive.
BBI will solve it :)
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Rank: Elder Joined: 12/7/2012 Posts: 11,936
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This will be a tough call for MTL. He had too much grip in daily management of the company. Likely to die sooner. 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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Rank: Elder Joined: 2/26/2012 Posts: 15,980
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Sad? If that was his wish then good. People need to respect other people's wishes "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
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Rank: Elder Joined: 7/28/2015 Posts: 9,562 Location: Rodi Kopany, Homa Bay
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murchr wrote:Sad? If that was his wish then good. People need to respect other people's wishes An individual exists as part of the larger community. When an individual dies it affects the community because it has lost one of its own. Therefore it is the height of absurdity to keep away your neighbours, nephews, nieces, clan members, local headman, chief, pastor, elders, friends, workers etc from your funeral. Can you imagine grandkids being refused to attend their grandpas funeral? You still remain a member of your village and clan even when you become a "reclusive" billionaire. A funeral is not a private affair. When you die the whole village and community grieves and they will only heal when they bury you. So chasing away the villagers is the wrong thing to do. I would like to hear Nchuri Nchekes take on this.
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Rank: Elder Joined: 12/7/2012 Posts: 11,936
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hardwood wrote:murchr wrote:Sad? If that was his wish then good. People need to respect other people's wishes An individual exists as part of the larger community. When an individual dies it affects the community because it has lost one of its own. Therefore it is the height of absurdity to keep away your neighbours, nephews, nieces, clan members, local headman, chief, pastor, elders, friends, workers etc from your funeral. Can you imagine grandkids being refused to attend their grandpas funeral? You still remain a member of your village and clan even when you become a "reclusive" billionaire. A funeral is not a private affair. When you die the whole village and community grieves and they will only heal when they bury you. So chasing away the villagers is the wrong thing to do. I would like to hear Nchuri Nchekes take on this. This is the way to go. Private affairs, maneno kwisha. Ama choma and carry the ashes. 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: 2/8/2013 Posts: 4,068 Location: At Large.
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hardwood wrote:murchr wrote:Sad? If that was his wish then good. People need to respect other people's wishes An individual exists as part of the larger community. When an individual dies it affects the community because it has lost one of its own. Therefore it is the height of absurdity to keep away your neighbours, nephews, nieces, clan members, local headman, chief, pastor, elders, friends, workers etc from your funeral. Can you imagine grandkids being refused to attend their grandpas funeral? You still remain a member of your village and clan even when you become a "reclusive" billionaire. A funeral is not a private affair. When you die the whole village and community grieves and they will only heal when they bury you. So chasing away the villagers is the wrong thing to do. I would like to hear Nchuri Nchekes take on this. This man seems to have died a bitter man.Bitterbwith the world and especially Kenyans and the government.Not sure why Uhuru sent condolences given that it's his government that seemed ro have pushed the man to his death via KRA. If they did not want people to attend his funeral,they should not even have reported that he is dead. Yes it's good to respect people's wishes but why have such wishes in the first place. The community would have loved to say kwaheri as he was part of them.Its part of our way of doing things.Our norms and traditions. Love is beautiful and so are those who share it.With Love, Marriage is an amazing event in ones life time, the foundation of joy, happiness and success.
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Mastermind Tobacco tycoon dies
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