Tuesday, October 13, 2015

To Chi and Beyond

Maybe am afraid It'll spit fire
In this hearts streets and illuminate like night
Or perhaps spit water
Into these barren womb and give life
now see the things that pulls the heart to fight
Is the same things that pulls a human being to the light:
The love of love
A means to cope

They say that love will come
Like a whisper in the night
yet perhaps we shall see love come
through the pen when we write
In the pain that we bleed
perhaps in things that we read
And the things we recite

So I try to inhale her dreams and exhale hope
my man told me either she  feel it or don't
So all you want, you can inhale her dreams and exhale hope
But you better also treat her right and understand what she wants
"The most high will not change the persons condition,Until the person changes the condition that's in themselves,"
In short, empress believe, I won't falter
Steady as island rock
Swift traversin' waters
Verses  authored,
I offer
As a solemn sacrifice upon her altar
In order to alter
The current conditions
make we better lovers, better Sons and better Fathers

Because we are caught in a culture
Of defeatism, worshipping victims and martyrs
empress divine we are not victims but victors
If we but witness or honor
your brilliance, your resilience and for sure your beauty is farther
with or without the don chici, fendi, Gucci and Prada

thoughts of loosing you got me shook in a trauma
heart in terror that supercedes Al Qaeda and Osama
palms sweaty damm Karma
moist lips damm mama
like in a dream
But we caught in a coma
Sleep

so see you came to me
Like a whisper in the night
But if you're awake, you'll hear it
through the pen when we write
In the pain that we bleed
In the things we recite
love will come
Like a whisper in the night
Being awake, I've learned
Is the essence of life

Friday, September 11, 2015

10 Reasons Why Democracy Doesn’t Work

It is an accepted fact that liberal democracy is the worst possible political system—except for all others (thank you, Sir Winston). This list doesn’t aim to advocate tyranny, but to review the flaws and failures of the democratic process.
We are not perfect—and neither are our governments, since they are made by humans too. It is most advisable to be skeptical, even of democracy itself. After all, even Thomas Jefferson was wary of the “tyranny of the masses”.

10 Aphoristic Equality

One of the foundations of democracy is the assumption that all votes are equal. Well, that’s the theory—but in fact it is rarely so (more on that later). It assumes that all opinions are worth the same, which is quite a big leap of faith, since we are putting the same value on the opinions of the educated and the ignorant, and the law-abiding citizens and crooks.
Even if you think that all people are created equal, it is obvious that their environments are very different—and as a result, so is their character. By assuming that all opinions are equal you are also assuming that most people are able to reach a rational, informed decision after seriously exploring all pros and cons.

9 Populism
A common criticism of democracy is that in the end it devolves into a popularity contest. Polls don’t decide who is right—that’s simply decided by whoever is most willing to say what people like to hear. As a result, many candidates to political office resort to populism, pursuing policies that focus on the immediate satisfaction of whims instead of long-term improvements.
Populist leaders focus on emotion before reason and “common sense” over more academic wisdom, which often produces bad ideas that will be defended with the stubbornness of a mule, regardless of whether they are good or bad.

8 Tribal Mentality

Let’s be honest here: mankind has not evolved much since the Stone Age. Yes, we have tamed the forces of nature and discovered a lot of things—and this Internet business is amazing. But human nature remains the same, more or less. We still think in tribal terms, “my people vs. your people”. Call it class struggle, xenophobia, nationalism, or whatever you like—the thing is that most of us identify with one group or another, and almost every meaningful group has alliances or enmities with other groups. This is part of human nature, and can work peacefully . . . or not.
In a democracy, tribal mentality is very dangerous, because it will make you vote “for your team” instead of voting according to issues. That means that whoever leads “your team” can rest assured that they have your vote, and instead of focusing on your interests, they can proceed to deal with their own. Unfair legislation can be passed if there are vocal groups in the majority (by oppressing the minority) or in the minorities (by entitling them to privileges that the majority can’t enjoy).

7 Corruption
This is not a specific flaw of democracy, and in fact it can be argued that democracy tends to be less prone to corruption than other systems, since it leaves open the possibility of ejecting someone from office. But that possibility also favors a very specific kind of corruption: machine politics, a political organization in which the bosses dole out rewards in exchange for the vote.
It can be as simple as paying money to someone in exchange for their vote, or giving someone a job in the office of the politician who commands the machine. A softer form of machine politics (or “clientelism”) involves the earmarking of federal funds for certain districts or states, so that Representatives and Senators vote for the programs those funds are allocated to.

6 Entitlements

Another side-effect of democracy is that if the State starts providing a service or a pay to someone, they begin to feel entitled to it. So if someone tries to stop providing it—well, they just made a large number of deadly foes. When Margaret Thatcher cut coal subsidies, for example, coal miners felt that their jobs had been threatened and became bitter enemies of Thatcher and her ilk. Most people will never vote for the party of someone who “took their jobs”, no matter how long ago this might have happened.

  
5 Mob Rule
An unrestricted democracy means that the majority decides over the minority. This leaves the minority relatively powerless—and the smaller it is, the less power it wields. Which means that the smallest minority of all—the individual—is effectively depending on his agreement with the majority.
To account for this problem, mature democracies have developed a set of checks and balances in an attempt to make sure that it doesn’t happen; chief among these is the separation of the powers of the State. But this actually makes a system less democratic, since it interferes with the principle of “people’s power.”

4 Complex Accountability
When a dictatorship falls, it is fairly easy to hold someone accountable for any crimes committed by the State. It is certainly easier than in a democracy, since in that case, officials have been elected by the people. If those officials have committed a crime in opposition to their official platform and without the knowledge of the public, it is simply their own fault and the people who voted for them are innocent. But if a candidate advocates curtailing human rights for a minority, and upon finding himself elected to office, carries out his plan . . . are not the voters also responsible in some degree?

3 State Secrets
All states have dirty skeletons in the cupboard. In a dictatorship they are just discreetly hidden, sometimes in plain sight. In a democracy, which tends to rely on moral superiority, this is difficult to carry out.
People have a right to know—at least in theory. Spying and covert operations are part of the daily workings of the state, admittedly sometimes for the greater good (such as when the police infiltrate a criminal organization to put their members on trial). But their efficiency runs against their transparency. A perfectly democratic system would be transparent, and as such, no covert operations could be effectively carried out.
  
2 Democracy Is Unsustainable
As seen in points three, four, and five, a perfect democracy is unsustainable—but a mostly democratic system can (and does) work. In many democratic countries, your vote only measures up against other votes in your district. So if your district runs a majority system and you vote for a losing runner, then your vote was useless. You can use a proportional system, but that doesn’t solve the problem: the issue still remains that large numbers of people can effectively “waste their vote.”

1 It Can’t Really Work
That pure democracy cannot work is not a personal opinion—it is a mathematical result of Arrow’s impossibility theorem. According to this theorem, so long as there are more than two candidates, there is no possible voting system that can ensure the satisfaction of three crucial criteria for fairness:
– If every voter prefers alternative X over alternative Y, then the group prefers X over Y.
– If every voter’s preference between X and Y remains unchanged, then the group’s preference between X and Y will also remain unchanged.
– There is no “dictator”; no single voter possesses the power to always determine the group’s preference.

If these criteria are left unsatisfied, it effectively means that democracy—at least in its purest form—cannot work.
READ MORE A. J. SIMONSON

Wednesday, September 9, 2015

Stori Ni Mob

sio lazima nikuambie ati ukimwi inamadaa,
sii ata wee unajua wasee wamedie juu ya kitanda
juu ya udanda,
juu ya....
kutotumia rubber...
baggy clothes kuteremka ni faster
milima na mabonde, kushuka kupanda
panda lift na stairs za kenyatta,
hadi gorofa ya saba
uone vile wasee wanaukata,
ni kijana lakini place tuu anaona ni langata.
Stori ni mob zingine sijataja

Kwisha

Tuesday, July 28, 2015

For-Profit Juvinile Prison Accused of 'Disgraceful' Conditions

G4S already stands accused of human rights violations from Israel to South Africa to the United Kingdom

The firm G4S operates the Highlands Youth Academy in Avon Park, Florida, where young men and boys from 16 to 19 years old are incarcerated. A riot at the prison two years ago prompted the investigation.

"The buildings are in disrepair and not secured, the juvenile delinquents are improperly supervised and receive no meaningful tools to not re-offend, the staff is woefully undertrained and ill equipped to handle the juveniles in their charge, and the safety of the public is at risk," the presentment states. "Yet, G4S has a 9 percent profit margin and expects to make $800,000 in profit this year from the operation of the Highlands Youth Academy."
G4S runs 28 other juvenile detention centers in Florida alone. According to The Ledger, G4S has a $40 million contract to run the Highlands Youth Academy for five years. The presentment emphasizes: "While the citizens are essentially being ripped off—the juveniles are being even more poorly served."

Read More

Odde To Muammar Muhammad Abu Minyar al-Gaddafi

In 1967 Colonel Gaddafi inherited one of the poorest nations in Africa; however, by the time he was assassinated, Gaddafi had turned Libya into Africa’s wealthiest nation. Libya had the highest GDP per capita and life expectancy on the continent. Less people lived below the poverty line than in the Netherlands.
After NATO’s intervention in 2011, Libya is now a failed state and its economy is in shambles. As the government’s control slips through their fingers and into to the militia fighters’ hands, oil production has all but stopped.




On one side, in the West of the country, Islamist-allied militias took over control of the capital Tripoli and other cities and set up their own government, chasing away a parliament that was elected over the summer.
On the other side, in the East of the Country, the “legitimate” government dominated by anti-Islamist politicians, exiled 1,200 kilometers away in Tobruk, no longer governs anything.

America is clearly fed up with the two inept governments in Libya and is now backing a third force: long-time CIA asset, General Khalifa Hifter, who aims to set himself up as Libya’s new dictator. Hifter, who broke with Gaddafi in the 1980s and lived for years in Langley, Virginia, close to the CIA’s headquarters, where he was trained by the CIA, has taken part in numerous American regime change efforts, including the aborted attempt to overthrow Gaddafi in 1996.
In 1991 the New York Times reported that Hifter may have been one of “600 Libyan soldiers trained by American intelligence officials in sabotage and other guerrilla skills…to fit in neatly into the Reagan Administration’s eagerness to topple Colonel Qaddafi”.
Hifter’s forces are currently vying with the Al Qaeda group Ansar al-Sharia for control of Libya’s second largest city, Benghazi. Ansar al-Sharia was armed by America during the NATO campaign against Colonel Gaddafi. In yet another example of the U.S. backing terrorists backfiring, Ansar al-Sharia has recently been blamed by America for the brutal assassination of U.S. Ambassador Stevens.
Hifter is currently receiving logistical and air support from the U.S. because his faction envision a mostly secular Libya open to Western financiers, speculators, and capital.
Perhaps, Gaddafi’s greatest crime, in the eyes of NATO, was his desire to put the interests of local labour above foreign capital and his quest for a strong and truly United States of Africa. In fact, in August 2011, President Obama confiscated $30 billion from Libya’s Central Bank, which Gaddafi had earmarked for the establishment of the African IMF and African Central Bank.
For over 40 years, Gaddafi promoted economic democracy and used the nationalized oil wealth to sustain progressive social welfare programs for all Libyans. Under Gaddafi’s rule, Libyans enjoyed not only free health-care and free education, but also free electricity and interest-free loans. Now thanks to NATO’s intervention the health-care sector is on the verge of collapse as thousands of Filipino health workers flee the country, institutions of higher education across the East of the country are shut down, and black outs are a common occurrence in once thriving Tripoli.
When the colonel seized power in 1969, few women went to university. Today, more than half of Libya’s university students are women. One of the first laws Gaddafi passed in 1970 was an equal pay for equal work law.
A decade of failed military expeditions in the Middle East has left the American people in trillions of dollars of debt. However, one group has benefited immensely from the costly and deadly wars: America’s Military-Industrial-Complex.
Building new military bases means billions of dollars for America’s military elite. As Will Blum has pointed out, following the bombing of Iraq, the United States built new bases in Kuwait, Bahrain, Qatar, the United Arab Emirates, Oman and Saudi Arabia.
Given that Libya sits atop the strategic intersection of the African, Middle Eastern and European worlds, Western control of the nation, has always been a remarkably effective way to project power into these three regions and beyond.
NATO’s military intervention may have been a resounding success for America’s military elite and oil companies but for the ordinary Libyan, the military campaign may indeed go down in history as one of the greatest failures of the 21st century.

 Read More by Garikai Chengu research scholar at Harvard University

Monday, July 6, 2015

Dr Patrick Ngugi Njoroge - An Independent Mind

INDEPENDENT MIND
“Totally devoid of ego and instinctively averse to self-advertisement” is how a senior Treasury official and long-serving central banker described him.
His style brings to public service a rare quality of humility and an aversion to the trappings of power and opulence.
During vetting Dr Njoroge demonstrated an independent mind, taking a different position to what MPs were pushing and also going against the government position on some issues.
He was, for example, forthright that he considers Kenya’s external borrowing excessive, saying the country must be careful in considering more debt and where the money was going.
This contradicted the National Treasury position, which is that the country’s borrowing is healthy and within the limits.
He also dismissed proposals by MPs to form a government bank to provide cheaper loans and bring interest rates down or simply introduce legislation to control bank lending rates.
“I think it would be a big mistake to even think that we can control interest rates through legislation. It will not work. That is why we moved from price control. Commercial banks just need to get confident to move ahead with market-based solutions that are sensitive for their businesses like control on inflation. This is something we have done in other countries by assuring the banks that the economy is under control, we will come up with a plan that is acceptable to all,” said Dr Njoroge.
 
The man in charge of Kenya’s money has turned down the offer to live in an expansive home in Nairobi’s Muthaiga and ride in a motorcade.

Dr Patrick Ngugi Njoroge, will instead be housed in communal accommodation in Nairobi’s Loresho estate with his fellow members of Opus Dei (Latin for "work of God"), an institution of the Catholic church.
The institution teaches that everyone is called to holiness and that ordinary life is a path to sanctity. Most of its members are lay people, with secular priests under a bishop.
When he was being vetted by MPs before his appointment by President Uhuru Kenyatta, Dr Njoroge was asked why he does not own property in Kenya and is still single at 54 yet his monthly salary at the International Monetary Fund was Sh3 million a month.
A MATTER OF CHOICE
“Yes I don’t have a single asset here in Kenya and this is where I am at this point and it doesn’t mean that this how it will be forever. I subscribe to being very deliberate about that. This is my economic model and may be years after retirement, I would want to invest in other things. That should not mean I have any financial inabilities. It comes with the profession,” the country’s ninth Central Bank governor said.

Xi Jinping’s signature governing style

Chinese president Xi Jinping’s signature governing style has been to
consolidate power and then wield it aggressively and independently.

He’s destroyed political opposition within his own party by locking up
Bo Xilai and Zhou Yongkang, once rumored to be against his ascension,
for the rest of their lives. Xi’s much-touted anti-corruption drive
has been a vehicle to practically wipe out their supporters, and his
opposition, from the Communist Party altogether.

He created a new National Security Commission, which he heads, then
passed a wide-ranging national security law that has been called
“neo-totalitarian” for the authority it gives the government over
everything from culture to space to the internet.



Under Xi, the party banned everything from adultery to puns, while
silencing and sometimes locking up popular commentators. He’s said to
make far-reaching policy decisions practically on his own.

But… the stock markets. Despite government attempts to prop them up in
the form of urging investors to stay in the markets, loosening
monetary controls, stock buying by state-owned banks and oil
companies, and various other measures, they are just not falling in
line.

The Shanghai Composite Index was down over 5% in early trading in
China on Friday, and below the benchmark 3700 level. If China’s
markets close down today, it will be the third day in a row, worsening
an already painful bear market that is sure to take a toll on an
already-slowing Chinese economy.

Read More

Can BRICS Counter the West

Leaders of Brazil, Russia, India, China and South Africa launch a $100bn development bank

The New Development Bank, announced at the sixth BRICS summit in Fortaleza, Brazil, will fund infrastructure projects in the founding members' countries, as well as in developing nations.

With its headquarters in Shanghai, China, and someone from India expected to be its first president, the bank will start out with $50bn in capital, with each BRICS country contributing an equal amount.

Total capital is expected to eventually double to $100bn.

A so-called Contingent Reserve Arrangement will also be created, in which each country will put in a designated amount in case of a currency crisis.

The contingency fund will amount to $100bn, with China contributing $41bn, followed by Brazil, Russia, and India putting in $18bn each, and South Africa chipping in $5b


https://www.youtube.com/watch?v=lHcBF0jQpSU&feature=youtu.be

Monday, June 29, 2015

The Royal Hunt of the Sun

Have you ever climbed a mountain in full armour? That's what we did,
him going first the whole way up a tiny path into the clouds, with
drops sheer on both sides into nothing. For hours we crept forward
like blind men, the sweat freezing on our faces, lugging skittery
leaking horses, and pricked all the time for the ambush that would tip
us into death. Each turn of the path it grew colder. The friendly
trees of the forest dropped away, and there were only pines. Then they
went too, and there just scrubby little bushes standing up in ice. All
round us the rocks began to whine the cold. And always above us, or
below us, those filthy condor birds, hanging on the air with great
tasselled wings....Four days like that; groaning, not speaking; the
breath a blade in our lungs. Four days, slowly, like flies on a wall;
limping flies, dying flies, up an endless wall of rock. A tiny army
lost in the creases of the moon.”
― Peter Shaffer, The Royal Hunt of the Sun

Thursday, April 30, 2015

The New Louvre - The acceptable face of the Emirates

While Qatar and Dubai are bywords for excess, vulgarity and human
rights abuses, the UAE's capital affects a higher calling. So,
alongside the Emirates Palace Hotel (1,022 crystal chandeliers), the
Grand Mosque (capacity: 40,000) and four million foreign workers,
there are galleries, museums, seats of learning – and the stated aim
of being a 'role model' for its neighbours. Has Abu Dhabi found a way
to blend petrodollars with principles

The Abu Dhabi Louvre looks like the top of a giant, primordial
eggshell pushing its way out of the sand. Its giant dome already
glisters under the sun, its construction workers moving like spiders
over five layers of cladding, steel and aluminium which will give this
extraordinary museum a combined weight of 7,000 tons, just a little
less than the Eiffel Tower. Already the concrete base of a man-made
lake spreads around the construction, for architect Jean Nouvel's
Louvre will be on a miniature island, its works of art transported to
its gallery through an underground tunnel, light sprinkled into its
interior as if through the fronds of palm trees.

Very romantic. Very French orientalist, I say to myself. Very Arab
too, perhaps. The idea is that art will move chronologically through
centuries inside the new Louvre, oriental and Western paintings next
to each other.

Abu Dhabi is so rich, and its ambitions so mystical, that people speak
in whispers.

But if all this is educational, what to make of the Sheikh Zayed Grand
Mosque? The truly gigantic carpet, the chandeliers, the fact that it
was constructed by men and materials from Morocco to China and can
hold more than 40,000 faithful – all give it the feel of cathedrals
built in the Middle Ages.

Abu Dhabi is the sensible, adult version of Dubai, the capital of the
United Arab Emirates, smaller than its neighbour, but probably the
wealthiest city in the world. It's still ruled by the al-Nahyan family
whose Bani Yas tribe migrated to the north Arabian peninsula Gulf
coast, opposite what is now Iran, in the late 18th century. So rich is
Abu Dhabi, with an oil producing capacity of 2.3 million barrels a
day, that even its total investments – statistics it prefers to keep
secret – must be calculated to the nearest £70bn. The total figure is
probably close to £650bn.

''I'm here as a servant of the country. I know if I don't want to be a
servant any more, I can get on a plane and go home."

Then he thought for a moment and captured the venality of it all.
"We're all here by invitation – or temptation."

Robert Fisk in Abu Dhabi: The acceptable face of the Emirates

Wednesday, February 11, 2015

Words Of H.I.M Emperor Haile Selassie I

“The outlook and attitudes of Our people have undergone drastic changes during this year. The nation has come to modernity and maturity. The people have been educated, not so much by formal, classroom instruction, but as a consequence of an increasingly broad and general exposure of life in the twentieth century and the world around them, Ethiopia has awakened. Ethiopians now demand more for themselves than their fathers possessed. They have acquired the desire to improve their lot and that of their children. They are willing and anxious to change.


This is what we have labored throughout Our life to accomplish: to bring our people to the point of awareness of the demands of modern life, to arouse in them the ambition to progress, to stimulate their latent desire for advancement and improvement.

This has now been achieved, and with the natural resources with which Almighty God has endowed our nation, the path to development has been cleared and it’s vistas lie before us.” 
H.I.M Emperor Haile Selassie I

Tuesday, February 10, 2015

BARONS OF POWER


A small group of powerful politically-connected tycoons controls billions in the insurance industry, writes John Kamau

Formerly Alico until it was acquired by CFC.

Kenya’s multi-billion shillings insurance industry is in the hands of a few politically connected ex-politicians and suave businessmen who sit on the boards either as chairmen or directors.

Investigations by The Sunday Standard show that the insurance industry has been a soft target for the well connected to make a quick buck.

As the companies continue to flourish and publish their annual financial statements, it emerges that the ownership of the industry reads like who is who in Kenya.

Although some of the best-known names have not been influencing how their companies access business, it is common knowledge in the insurance industry that invoking some of the names means or used to mean instant business.

And why not?

Since the Jomo Kenyatta and Moi regimes, those close to the presidency were able to build empires that revolved around the insurance industry and the Kibaki presidency is no exception.


Philip Ndegwa

The most notable success story in the 15-year Kenyatta rule through Moi and now Kibaki was the late Phillip Ndegwa, who was Kenyatta’s Finance Permanent Secretary and later on — from 1982 — Governor of Central Bank of Kenya.

Ndegwa’s family has built a fortune through the Insurance Company of East Africa (ICEA), which was incorporated in November 1964 with a share capital of less than Sh4 million.

Today ICEA is one of the best performing wholly Kenyan insurance companies. The Ndegwa family also owns ICEA building in Nairobi’s Kenyatta Avenue, Ambank House on University Way, Riverside Park with 150 apartments in Chiromo, the high cost Riverside Gardens on Chiromo Road and some 42 apartments known as St Austin Gardens off James Gichuru Road in Nairobi.

Other businesses associated with ICEA are Greenwood Lane Apartments in Mombasa and Mombasa’s Maritime Centre among many other single properties in Muthaiga and near Nairobi’s State House.

The Ndegwa family also owns Lion Insurance of Kenya, which is headed by James Ndegwa via Ndegwa’s flagship, First Chattered Securities.

By striking it rich via the insurance business, Ndegwa left many a politician eager to try their hands in the money-spinning empire. It is from Ndegwa’s experience that insurance became the target of those close to power.

Copycats have been many. No wonder when Narc came to power, Dr Chris Murungaru and Solicitor General Wanjuki Muchemi’s co-owned Canopy Insurance moved to expand its territory.

Because of the political heat that surrounds their two offices, Murungaru and Muchemi have of late erased their names from directorship of the company which is now held by Suntra Stocks as nominees.

Of the Kenyatta family, the best-known insurance business has been Blue Shield is run by Beth Muigai, the wife of the late Peter Muigai Kenyatta, a one time MP for Juja and assistant minister for Foreign Affairs.

Initially, during the Kenyatta era, Andrew Ngumba, a former Nairobi mayor, had some interests in Blue Shield, but this was because Beth Muigai also happened to be Ngumba’s sister.

Mama Ngina Kenyatta used to own shares in the First Assurance Company but industry insiders say she owns no interests in the company today. The Kenyatta family also owned Fairway Insurance Brokers, which has since closed down.


Jeremiah Kiereini
Of the Kenyatta era top shots, others who had interests in the insurance industry include former Attorney General Charles Njonjo and once-powerful head of civil service and secretary to the Cabinet, Mr Jeremiah Kiereini, who in 1991 acquired the controlling interest in Heritage AII Insurance Company through Credit Finance Corporation, a company in which they still have interests.

Originally the management of the parent Heritage Insurance Company — before it merged with African International Insurances in 1997 to form the modern day Heritage AII Insurance — were Jeremiah Kiereini, Julius Gecau, a former chairman of Kenya Power and Lighting, Ben Gethi, a former Commissioner of Police, and businessmen Madataly P Manji, P K Jani and E Bristow.

Njonjo and Kiereini today are directors of Heritage AII Insurance, the highest rated insurer in Kenya, although during the Moi presidency, Mr Joshua Kulei, Moi’s aide, is also a director.

Today Heritage is the second largest non-life insurance underwriter after Kenindia. It is also the second largest underwriter of life-business after Ndegwa’s ICEA.

The most interesting turnaround in the last few months is how Heritage, now managed by P K Jani, acquired Alico’s life business worth Sh6 billion and renamed it AIG. Elsewhere, the directors have ploughed their money into three insurance companies: Heritage Tanzania Limited, Strategies Insurance Tanzania Limited and Allianz Tanzania Limited.


Charles Njonjo
Exits Njonjo, enters another Kenyatta era magnate, Mr Joe Wanjui, who is also an insider in the Kibaki government. Wanjui, a former chairman of the giant East Africa Industries and now Chancellor of University of Nairobi is a director of UAP Provincial Insurance, one of the largest insurance companies in Kenya that he owns together with business magnate Chris Kirubi.

Before the Wanjui group took a controlling stake in the company in February 2001, UAP, an acronym for Union Des Assurance des Paris, was 60 per cent owned by AXA Insurance UK Plc and had a total asset base of Sh1.9 billion.

Kirubi got into the picture in 2001 after Acacia Fund, the first venture capital fund licensed by the government, bought 20 per cent shares in UAP. The company has recently moved to the Ugandan market where it last October acquired a majority stake in the country’s United Assurance Company.

Another company that has had links with the political elite is First Assurance Company, which is headed by Mirabeau H. Dagama Rose, who is also the chairman of Commercial Bank of Africa (CBA) where the Kenyatta family has a stake. Muhoho Kenyatta sits on the board of CBA but there is no evidence that CBA has links to First Assurance.

Kenya’s Vice President, Mr Moody Awori, has an interest in the Mercantile Life and General Assurance, which is a subsidiary company of the East African Building Society (EABS) Group which was founded in 1959 by the late Lallit Pandit with Sh5,000. Awori is a director of EABS, an association that started some 43 years ago, when EABS — read Pandit — lent Awori Sh25,000 to purchase a house in Lavington where the vice-president still lives.

Another of Kibaki’s insiders who is in the insurance business is Eddie Njoroge, the Managing Director of KenGen, and Sam Kamau. They have shares in Royal Insurance.

Cabinet minister Njenga Karume owns Pelican Insurance, although he is said to have little interest in its running often concentrating on the beer business while his colleague, Mr Njeru Ndwiga, has interests in Secular Insurance which was recently in the news after it won tenders in firms under his ministry.

The Aga Khan is also in Kenya’s business circles through the Jubilee Insurance, one of the oldest having opened doors in 1937 and which has of late expanded to Mauritius, Tanzania and Uganda.

With an authorised capital of Sh180 million, Jubilee Insurance has the highest shareholders’ funds in the Kenyan insurance industry and is quoted on the NSE. But the majority of the shares are owned by the Aga Khan Fund for Economic Development (AKFED).

One time Alego-Usonga aspirant Edwin Yinda owns Liaison Insurance Brokers situated at State House Road’s Liaison Centre. Yinda is married to former Coast Provincial Commissioner Eliud Mahihu’s daughter, the former Sally Mahihu, and is a well-known Kanu activist in Nyanza.

Pius Ngugi of Thika Coffee Mills is a major shareholder in Kenya Alliance although a Mr Bill Martin holds a few shares.

Another major player in the sector is Nyeri-born Ashok Shah, the former chairman of the Association of Kenya Assurers who has a stake in APA Insurance together with a long-time Charles Nyachae ally, Mr John P. N. Simba, who is chairman.

Simba is today the chairman of the Nairobi University Governing Council. Last year, APA announced a pre-tax profit of Sh44 million.


The ICEA building which belongs to Insurance Company of East Africa

The company was formed following a merger between Pan Africa Insurance and Apollo Insurance companies. Simba is a former non-executive chairman of the National Bank of Kenya.

Business magnate Chris Kirubi has interests in AON Minet through the shares he owns at ICDC, where 15.66 per cent of ICDCI shares are registered under his name, another 6.02 per cent under Kiruma International and 5.47 per cent under International House Limited associated with him. He also sits on the board of UAP Insurance with Joe Wanjui.

Bethwel Mareka (BM) Gechaga is also a well-known businessman of the Kenyatta era. A former chairman of BAT (Kenya) Limited, Gechaga is today associated with Gateway Insurance Company.

Another tycoon in the industry is Stanley Munga Githunguri, the former chairman of National Bank of Kenya who today runs Geminia Insurance Company.

A multi-millionaire, Githunguri is the owner of Nairobi’s Lillian Towers and has twice tried his hand at the Kiambaa seat on a Kanu ticket. Another ex-banker with interest in the insurance is Ahmed Abdalla, who is the chairman of Corporate Insurance Company.

Abdalla sits on the board of Transparency International Kenya Chapter and is a former Executive Chairman of the Kenya Commercial Bank, an Executive Director of the International Monetary Fund and one time Deputy Governor of the Central Bank of Kenya.

Former Coast PC Eliud Mahihu owns Madison Insurance. White Corporate Insurance was initially owned by the late businessman Mohammed Aslam and Prof George Saitoti was believed to own shares in the company.

Jimna Mbaru, a pioneer African stock trader and former chairman of the Nairobi Stock Exchange, today runs Occidental Insurance of which he is the chairman.

Mbaru, who vied for the Starehe seat on a Safina ticket in 2001, is the brains behind Dyer and Blair Investment Bank.

Boma Insurance is associated with a brother to the Director General of National Security Intelligence Service, Wilson Boinett.

Boma was in the news last year when it appealed during the tendering of insurance to the Kenya Police Airwing forcing the Office of the President to re-tender.

Although Mathira Kanu aspirant Peter Kuguru used to have an interest in Invesco Insurance, he has since sold his shares.

In the company that had insured City Hall before one of the wings burnt down in 2002.

In Parliament, P G Muriithi, the Nyeri Town MP, is associated with Consolidated Insurance and is said to have done roaring business during the Kanu days.

Another company that performed well was Kabage and Mwirigi, which is associated with Karanja Kabage.

Kabage is also the chairman of First Reinsurance Brokers and is remembered for leading a consortium of entrepreneurs who bought Stagecoach Bus Company in 1999 together with former Kenya Power and Lighting Company chief executive Samuel Gichuru and Mr Stanley Murage, a former PS for Transport and Telecommunications who is now the policy adviser to President Kibaki.

Another Kanu supporter with an interest in Insurance is Paul Gogo, who runs Sifa Insurance Brokers on Nairobi’s Lenana Road.

Kisii politician Leo Matundura runs Lema Insurance Brokers and was a 1997 runner-up in the Kitutu-Chache by-election on a Ford Kenya ticket.

Rumaku insurance Brokers is run by Ruth Kulundu, a relative of Cabinet minister Dr Newton Kulundu, while Prime Mover Insurance Brokers is headed by Titus Ngahu, an NAK activist and former Kenyatta University student leader. It is believed to be associated with key personalities in the Mt Kenya region.

Although June Moi used to run two companies during her father’s presidency, they have since closed shop. The two are Liberty Insurance and Simba Insurance.

Other high profiled companies that have closed shop include Ajay Shah’s Access Insurance and Lake Star Insurance associated with politician and former nominated MP, Ezekiel Barngetuny.

And the list is far from exhaustive. With only 212 licensed insurance brokers last year, and 34 insurance companies in Kenya, the control of this lucrative sector is, however, left to those who have muscle in and outside the corridors of power.


BARONS OF POWER

Friday, February 6, 2015

Symptoms’ za freedom


Like the brother Yeshua Ben Josef gave proof humanity cannot stand the nakedness of truth,
Look at what Adam did after they ate the fruit, even in death they still wanna clad you in a suit.
Of this endless pursuit I could give more proof but what is the use?

Coz you see them architects of this here society,
Influenced by left wing spirituality
Sealed upon mankind a perpetual calamity,
Damming the majority to live blindly in endless pursuit of vanity
Bent on eliminating each other with such barbarity.
Crack babies
War fare
Starvation,
And if you believe them nuclear annihilation,
And all for what? To satisfy some baldheads dream of world domination.

What we need is a revolution
A different perspective of this here our situation,
We need to do all that we can, we need to turn the hourglass,
We need to stop looking at our sisters like just a piece of ass,
We need to protect and preserve mother earth,
We need to open our prayer books and have another glance,
Open our hearts and chant another psalm
And just for once,
Lets take our ego and indiscretions and at the going down of the sun under supervision of the first star let us strike a match and watch them burn….. now won’t that be fun.

By Dongagah