A collection of some of the finest quotes by Ephraim Njega. This is a fan account. This is NOT an official account and does not represent the finance guru
HELP ME DEMYSTIFY THE STARTUP FUNDING ECOSYSTEM IN KENYA
We all know that navigating the startup funding ecosystem in Kenya can feel like cracking a secret code.
Too often, those who’ve secured funding seem like gatekeepers, holding onto the knowledge that could help others
Kabete Constituency is becoming a case study on how to effectively recall your MP.
They are going about it meticulously and the organization is exemplary.
The bodies are a heavy body blow to the Ruto presidency. He's going to find it very difficult to wiggle out of this situation. It doesn't look good for him.
I don't think Gen Zs are interested in taking over power. They just want to live in a properly governed country with an equitable economy that works for everyone.
REVIEW OF AZIMIO MANIFESTO: 12 DISTURBING ISSUES.
I have just finished reading the 84 page Azimio Manifesto and it is quite underwhelming. It finally confirms my worst fears that the Azimio team is completely clueless on how to address the challenges we are facing.
THREAD 🧵
Some people are selling the false narrative that peace is more important than justice. If we went by that, we should still be living peacefully under colonialism.
THREAD 🚨
This Adani debacle is beginning to give rise to anti-Indian sentiments.
Those who have received bribes should just return them, this will not end well.
WHY NAIROBI EXPRESSWAY IS THE MOST HATED PROJECT IN KENYA'S HISTORY.
The monstrosity of impunity depicted by this project is astonishing. When some people analyse it politically, they lose track of many critical issues.
THREAD
The next tactic the political class will use (aggressively) will be ethnic profiling/tribalism.
Expect to see a sudden rise in ethnic-based content on this platform.
I pray that the
#GenZRevolt
can rise above this.
The irony is that the four IEBC commissioners who criticised the IEBC for opaqueness couldn't afford us the transparency to field questions from journalists and explain this opaqueness to the country.
THREAD 🧵
WHEN IS THE RIGHT TIME TO OWN A HOME?
There was a story last week on Daily Nation about how people's homes are being auctioned. The auctioneer says that some homes are being auctioned after someone has paid mortgage for 15 years.
THREAD 🧵
Run as independents, do not form parties or join existing ones.
Let’s have the highest number of independents in public office ever.
You can discuss coalitions afterwards.
The playbook to Gen Z’s next strategy was outlined 6 decades ago; EDUCATE THE MASSES OF OUR PEOPLE!
Please take time to watch this video, the solution to changing this country for good is in here.
Ruto seems to think that the protests were about the Finance Bill. This is a shockingly simplistic view of the issue. The Bill was just a trigger. There is a lot of pent-up anger due to the poor state of the economy.
THREAD 🚨
The same people talking about rigging did not have agents even in their own political strongholds. For instance, the Form34B for Karachuonyo constituency is only signed by the UDA agent.
SUPER THREAD 🧵
MY FINAL TALLIES FOR THE PRESIDENTIAL ELECTION 2022.
I spent the whole day yesterday inputting form 34Bs which show results per constituency for the presidential election.
THREAD 🧵
I got contacted by KenGen over the post I did yesterday. Regarding the the 83 MW Olkaria I Unit 6 which is under construction I have been informed that the construction is now complete and tests are going on. Target date for commercial operation is June 2022.
THREAD
RUTO HAS NO OPTION OTHER THAN TO RUN A CLEAN & PROGRESSIVE GOVERNMENT.
The fears that
@WilliamsRuto
will lead a corrupt and repressive government might not materialise. Even though his political DNA points to such an outcome, the environment will not allow him.
🧵
I wish the issue of the collapse of Nakumatt, Uchumi, Tuskys etc. was properly investigated and the real reasons behind the collapse revealed. The reason people give that the owners stole from the business does not make any sense.
THREAD
The news that Kenya will be buying hydropower from Ethiopia at the current equivalent of KShs 7.865 per unit makes for disturbing reading. The cost of power in Ethiopia is extremely low. Retail prices are about KShs 4.84 per unit.
A LONG 🧵
WHY I WILL NOT RE-REGISTER MY SIM CARD
This SIM card re-registration is just another Huduma Namba nonsense. It is the business of Telcos to register users. If there are any unregistered SIM cards active in the network the CEOs should be arrested and prosecuted.
THREAD 🧵
NTV reports that 11 children have died of hunger in Marsabit. All this in what we are told is Africa's 6th richest country. This too in a country that can afford to pay KShs 302 Billion for a 27 km road in 27 years. What really are our priorities?
The worst thing that poverty robs a person is not money. It is self confidence. Once your self esteem is drained, recovery becomes almost impossible. 🧵
I recently visited a farm in Makueni where the farmer has constructed a water pan which can hold about 900,000 litres of water. The most interesting thing is that the dam was dug by hand and only two workers did it.
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The way the Kenya shilling is depreciating doesn't appear natural or market driven. It appears like a tightly controlled decent aimed at devaluing the currency. This could be in compliance with IMF's directives like is happening with the Egyptian pound.
THREAD 🧵
WHY THE FERTILIZER SUBSIDY IS LIKELY TO BE KK'S FIRST SCANDAL.
This fertilizer subsidy is likely to be KK's first scandal. The motives behind it do not seem to be driven by any food security objectives. The speed of implementation makes it even more suspicious.
THREAD 🧵
The media will never recover from their tallying mess. Why start something you aren't bold enough to complete? You have embarrassed yourselves globally. This has confirmed beyond any doubt that the media is not independent.
WHY OUR MIDDLE CLASS CANNOT TRIGGER A REVOLUTION.
Every time we sink to a new low, people always wonder why we can't have a revolution. I will address some of the reason why our middle class cannot cause a revolution.
THREAD 🧵
Instead of lowering the price of gas they should lower the price of electricity so that people can cook with it. Cooking gas is imported and a drain on forex. Why not use the energy we can generate locally and save the shilling?
WITHOUT IPPS WE SHOULD BE HAVING THE CHEAPEST POWER IN THE WORLD.
@DavidNdii
claims that it is either we have expensive power or we get the power cuts like the ones happening in South Africa.
THREAD 🧵
THE COST OF POWER HAS BEEN INCREASED ILLEGALLY BY 21%.
Yesterday I bought electricity tokens for KShs 1,000 and got 51.88 units. I was shocked since previously this amount got me 62.75 units.
Looking at the new token bill breakdown, I have noted the following changes;
🧵
Raila is the greatest enabler of bad governance in the country. He is always rushing to rescue rogue and murderous regimes.
This is aided by an unthinking mob of fanatic supporters. They're always ready to clean up the mess left by his political mischief.
History will remember
EXPLAINED: WHY KENYAN BANKS ARE ANNOUNCING HUGE PROFITS IN TOUGH ECONOMIC TIMES.
People are surprised at the riddle of banks making record profits at a time when the rest of the economy is in turmoil. There are a number of explanations for this.
THREAD 🧵
I HAVE BEEN VINDICATED; THE TRUTH HAS WON.
The last three weeks have been very trying. From the time the election was concluded, I have maintained that the election was free, fair, accurate, credible and verifiable.
THREAD 🧵
When a SIM card is swapped why can't Safaricom disable MPesa transactions for 24 hours? It can even limit the amount which can be withdrawn to say 20% of ones balance.
Look at all these commercial vehicles stuck in traffic on poor man's road. How does this Expressway decongest the city? What economic goals are being achieved here?
The Gazetted minimum wage for an unskilled worker in Kenya is KShs.7,545 per month. A herdsman should be paid a minimum of KSh. 8,713 and a house help KSh. 8,613.
I have read Dr.
@DavidNdii
15 page comprehensive response to my critique of the Kenya Kwanza manifesto. I really appreciate the time he has taken to respond to the issues I have raised. We rarely see this kind of accountability from officials these days.
THREAD 🧵
The atmosphere at Uhuru Park is electrifying. Without violence perpetrated by the police or hired goons, our youth a peaceful.
What we’re witnessing is a revolution that will not be stopped by pistols, propaganda or palm-greasing.
#GenZRevolt
#RutosLastDays
WHY IT IS HARD FOR THE KENYAN ECONOMY TO COLLAPSE.
There are people who ask why the economy has not collapsed despite all the looting and mismanagement. The answer to this question lies in the informal nature of our economy.
A MUST READ THREAD 🧵
WHY COOKING OIL PRICES ARE RISING RAPIDLY.
There is an agency in government called Nuts and oil crops Directorate. These people are supposed to develop the oil crops value chains. What do they do?
How long did it take for Kenyans to feel the change of government when Kibaki took over? Many might be too young to answer this question. However there were immediate changes.
THREAD 🧵
The argument that
@IEBCKenya
commissioners are supposed to vote on the results for them to be valid is the most absurd. If that were the case, there would be no need for voters to line up and vote.
THREAD 🧵
Been using this induction cooker for sometime. It is quite energy efficient. Induction cookers use electromagnetic induction thus achieving over 94% thermal efficiency.
🧵
People who ask why
@rigathi
was chosen as DP don't understand politics. The idea was to choose the weakest Mt. Kenya candidate who would pose the least threat to the boss. Choosing a strong leader would've meant the president would be beholden to that person.
THREAD 🧵
It’s now clear that the strategy is to “teach the middle class a violent political lesson” to ensure that their activism spirit is crushed.
This will fail miserably.
#FallofKKGovernment
#RutoLastDays
It is so sad that when the country is neck deep in debt, we can afford to hire 50 CAS. This is a wasteful expenditure which will add no value to the country. Public positions are no longer an opportunity to serve the country but a reward for political sycophancy.
THREAD 🧵
I am looking at the tallies by Citizen and analysing them by counties, it appears that the remaining votes are more in Odinga's strongholds than in Ruto's. Odinga is therefore likely to open a wider gap against Ruto as the tallying enters the final phase.
It is saddening that there are millions of Kenyans who were duped into believing the hustler and bottom up sloganeering. They are hoping that their economic fortunes will change soon.
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THERE IS SOMETHING HAPPENING IN THE POWER SECTOR THAT SHOULD WORRY YOU.
Something very troubling is happening in the power sector. For the last two months, Olkaria 1 Unit 4 & 5 hasn't been producing any power.
THREAD
People are being conned by calls from this number +254722000000 which is basically
@SafaricomPLC
’s official number. Safaricom insists that their number is 0722000000 without the country code. But in their social media platforms they have the number with the country code.
Anyone still waiting for the KK regime to turn the economy around needs their head examined at the earliest opportunity. The moment the cabinet was named you got your answers. There is no intention, ambition or passion to change anything.
THREAD 🧵
Last year we were all shocked to see images of leaking roofs at JKIA. We were also treated to blackouts at the Airport that could not be explained or make any sense.
Now everything is beginning to make sense. The dots are connecting. All these were deliberate acts of economic
In 2013 when Kibaki was retiring, there was a lot of activity bidding him farewell and wishing him well in retirement. This time round there is nothing of that sort. Am I the only one who is finding it odd?
HOW JUBILEE KILLED THE NSE.
Nothing saddens me more than the destruction of the NSE by the Jubilee regime. The government's economic policies have been very bad for the stock market.
THREAD 🧵
CAN KARUA FIGHT CORRUPTION? IS SHE A REFORMIST?
The best way to answer this question is to remember Karua's role in the Anglo Leasing Scandal.
THREAD 🧵
HOW TO INVEST IN REAL ESTATE WITHOUT OWNING ANY PROPERTY.
Today I want to discuss the issue of Real Estate Investment Trusts (REITs). A REIT allows you to investment in real estate without the need to own property.
THREAD 🧵
HOW TO END BRIBERY REQUESTS BY TRAFFIC OFFICERS.
There is this issue of corruption by traffic police officers which has plagued the country since independence. Yet it is one of the easiest thing to deal with if only there was political will.
THREAD 🧵
Wouldn't it have made more sense to just expand the original Mombasa Road seeing that the space was already there? This Expressway project beats logic however you look at it.
THREAD 🧵
#LunaticExpressway
In the last 12 years, we have borrowed over KSh 8 trillion. How is it that we cannot afford KSh 200 billion to upgrade JKIA?
The impact of borrowing and then looting the funds is now all too clear. Some of the borrowed funds also illegally went into financing recurrent
I read somewhere that the recently announced tree planting holiday is an imposition of the IMF. The government is apparently required to show that it is taking measures against climate change. This feels like a joke taken too far. 🧵
WHY THE CLAMOUR TO RAISE NSSF CONTRIBUTIONS SHOULD WORRY KENYANS.
The new agitation by the KK government to raise NSSF contributions is very suspicious and calls for deep scrutiny. It is impossible to think of an organisation that is run in a worse way than NSSF.
THREAD 🧵
WHY THIS COUNTRY IS TURNING INTO AN UNBEARABLE JOKE.
The government has announced that the cost of rehabilitating the old road along the Expressway will be KShs 9 Billion.
THREAD
This obsession with forcing Kenyans to save sounds suspicious. Just grow the economy and people will have something to save. You can't save what you don't have.
Some people feel that the demonstrations are losing steam and will soon end. This might be true but it will just be a calm before the storm.
You don't need to be a prophet to know that once the regime feels politically comfortable, it will go back to its bad old ways. The
BBC even called the agents from the polling stations which Azimio had claimed that their numbers were reduced and added to Ruto's. This is what BBC found out:
Voter registration process must go! As a Kenyan, your national ID card is all that should be required for you to vote.
They’re not prepared.
#GenZRevolt
When I was younger, I used to hear of midlife crisis and would laugh off the concept. In retrospect, I feel that midlife crisis is real and should be taken seriously. Those in your 20s and 30s pay attention.
THREAD 🧵
We have descended to a low where a CS can just issue a KShs 9 Billion contract on TV without any reference to the Public Procurement and Disposal Act. No reference to the budgeting or planning functions of the government's fiscal mechanisms.
THREAD 🧵
Before propagating rumours just download the tallies which I did. I sacrificed an immense amount of time doing that work because I knew there is a lot of disinformation going on even by mainstream media.