investment news magazine - aug 2015
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investment news magazine august 2015TRANSCRIPT
KEY TO INVESTING, LIVING AND TRAVELING IN KENYA. PRICE SHS 300/-
NAIROBI AUGUST 2015
Investment News 3
Business opportunities start here!
Investment News Business Opportunities Start Here
Publishers View……….. 4
Minerals are now point-
ing to the future of Ken-
ya‘s economy
The Last Word…… 30
What do the rest of the
world think about Kenya.
Is it reflecting the reality
on the ground?
Quick News…………5
Do not miss our current
news coverage.
Books and the Arts.24
We discuss the question
of Indian contribution to
Kenya‘s independence.
INSIDE THIS ISSUE August 2015
Special Reports
REGULARS
MINING IN KITUI: WHAT IF
D A N G O T E I N V E S T E D
BILIONS?
Now that Nigerian billionaire Dan-
gote is a front runner in mineral
exploitation in Kitui, it is im-
portant to estimate the influence
he could have in Kitui, Ukambani
and Kenya in General
CHINESE INVESTMENTS IN AFRI-
CA: ARE THEY A BLESSING OR A
CURSE?
This is the question the world is
asking everywhere the Chinese
are investing. In Africa, the an-
swer is even more urgently need-
ed. And applied to Kenya where
they are already investing in pro-
jects that say: We are here to stay!
INVESTING IN MACHAKOS
COUNTY
Machakos County has many ad-
vantages to become a key desti-
nation of investors. These include
proximity to Nairobi, to major
communications facilities such as
the airport, Mombasa Road and
rail lines.
Nigerian billionaire
Dangote
Artist‘s impression of
the Kenya-China Du-
bai city in Machakos
One of the castles in
Machakos County. It
belonged to MacMil-
lan.
4 Investment News Business opportunities start here!
Investment News
Editor
Muli wa Kyendo
Contributors
Uncle Sandu
Marketing
Charles Kavuu
Sylvia Njuguna
Investment News is
p u b l i s h e d b i -
monthly by Invest-
ment News Ltd,
P.O. Box 20257-
00100, GPO, Nairo-
bi, Kenya, Tel:
0 7 7 3 9 9 1 8 2 0 ,
0721302418,
Email: Editor
@machakosoutlook.c
o.ke
ISSN 1814
The Editor wel-
comes contributions
but takes no respon-
sibility for loss or
damage.
All rights reserved
Copyright: Invest-
ment News Ltd
PUBLISHERS VIEW
The Future Can be
Bright for Kenyans A few years ago, Kenya was
thought of as one of the
countries without minerals.
In deed, the only minerals
widely known was gold in
Kakamega whose exploita-
tion was poor.
Today that image has
changed. And as everyone
knows, Kenya is teeming
with mineral wealth.
In Turkana, in Baringo, in
Kitui— all originally mar-
ginalized by the colonial
government after being clas-
sified as semi-desert, enor-
mous wealth has been found
deposited underground.
Even up above, wealth has
been discovered in the form of
wind. And the wind blows
above the ground, sufficient to
create enough electricity for
Kenya.
In this issue of Investment
News, we look at one interna-
tional investor Mr. Dangote
and ask the question: How
will his investment affect the
politics of Kitui, Ukambani
and Kenya, in general?
So far, we have seen the nega-
tive impact made by Chinese
investors— acerbating corrup-
tion, smuggling of wildlife
products and an increase in
racist investments. What will
Nigerians bring along?
Killing African Traditional Industries
Many Africans do not believe
that the basis of ―modern‖
medicines is African. Most of
the medicines that we buy in
glittering packages have been
―stolen‖ from African tradition-
al medicines. Many were taken
to the USA by slaves from
whom they were stolen by their
―masters‖ who were registered
as the inventors.
The effect has been to kill the
African medical industry. And
worse, it has contributed to the
general impression that the
African has contributed noth-
ing to human civilization.
On page 14, we carry a story of
the fight between the pharma-
ceuticals and the alternative
medicine practitioners in the
USA which throws some light
on the unethical behaviors of
companies. Now turn to page
14.
Investment News 5
Business opportunities start here!
The International Coffee Organization (ICO),
has announced that its 74 Member States and
27 coffee associations from around the world
have joined forces to celebrate the first official
International Coffee Day on 1 October 2015.
International Coffee Day is a celebration of the
coffee sector‘s diversity, quality and passion. It
is an opportunity for coffee lovers to share their
love of the beverage and support the millions of
farmers whose livelihoods depend on the aro-
matic crop.
An online campaign will be launched in August
to spread the word about the October 1 date
and encourage coffee lovers to participate in the
celebrations. The campaign includes a website
to feature events and other online campaigns
dedicated to International Coffee Day.
Looking Abroad for Kamba
Language Teaching Jobs?
Advertisement are out for Kamba language
Teachers to “teach Kamba to motivated
Kamba learning students in Nicaragua” in
South America.
You can contact Kamba learning students
and meet for customized one to one Kamba
lessons in Nicaragua. Alternatively start on-
line Kamba lessons using SKYPE or
Webcam.
If you are a freelance Kamba language
teacher, tutor or run your Kamba language
school in Nicaragua, and looking for great
students or Kamba teaching jobs, just cre-
ate your professional profile and advertise
yourself online.
Coffee lovers around the world will have an op-
portunity to show solidarity with smallholder
coffee farmers. Kenya is a major produce of
quality coffee.
Quick News
The much publicized Global
Entrepreneurship Summit
brought together an estimated
4,000 entrepreneurs. The sum-
mit, held at Gigiri in Nairobi,
was opened by Kenya‘s Presi-
dent Uhuru Kenyatta and the
American President Barack
Obama.
The two president underlined
the important role played by
entrepreneurs in in changing
communities and the world at
large. Obama said he had
brought along the best brains
from the United States as well
as US$1billion to assist en-
trepeneurs around the world. .
Read a review of the summit
and its implications for Kenya
in the next issue of Invest-
ment News.
GES Ends with Great Promise
Fighting NHIF:
‗The poor will pay
only Sh300‘
A group of MPs have told Na-
tion Health Insurance Fund
the highest amount that people
should be charged if they don‘t
have a steady monthly income
is Sh300.
―The committee agrees that the
rich must pay for the poor and
the payment must be attractive
to those who are paying to get
more people into the scheme
Kitui South MP Rachel Kaki
Nyamai said on behalf of the
MPs. The payment must be
supported through actuarial
studies so that we ensure it
works,‖ she said
―We do not agree to charging
volunteers Sh500; they will pay
Sh300 and that is what we told
NHIF,‖ Nyamai said.
President Uhuru Kenyatta and President Barack Obama
International Coffee Day
to Celebrate
6 Investment News Business opportunities start here!
Mabati Rolling Mills Starts Prize for Kiswahili
The alternative health com-
munity in the USA is abuzz
about Black Cumin
Seed being a "miracle"
herb. Although the herbs
many health benefits have
been known since ancient
times, it is only now the
world is beginning to appre-
ciate it.
The rich golden oil derived
from black cumin seed is
mentioned in The Bible, in
the Book of Isaiah. Also
known as "Pharoah's Oil,"it
was used by Egyptian Phar-
oahs to nourish the skin and
aid in digestion. Ir was so
treasured that King Tut was
buried with a bottle of it.
Now the alternative medi-
cine world in the USA are
producing the oil (pictured)
where it creating a lot of
excitement.
The specific benefits of the
Quick News
A major new award, the
Mabati-Cornell Kiswahili
Prize for African Literature,
has been established. Sup-
ported by Mabati Rolling
Mills in Athi River and ad-
ministered by the Cornell
University in the USA, the
prize recognizes excellent
writing in African languages
and encourages translation
from, between and into Afri-
oil are derived from 5 ma-
jor ingredients:
Nigellin and Melathin
help support healthy
intestinal elimination.
Sterols may help en-
hance healthy elimina-
tion throughout the
body, a process that nat-
urally removes biological
waste products.*
Nigellone and Thymoqui-
none are two volatile oils
known to help relax
muscle spasms and sup-
port open bronchial
tubes for comfortable
breathing.*
Essential Fatty Acids aid
in the regulation of nor-
mal metabolism, help
eliminate toxins, and
may help support normal
blood circulation and
healthy liver function.*
Prostaglandin produces
E1, which helps support
the body's normal regu-
lation of blood flow bal-
ance and hormonal bal-
ance.* (See our story
on page 14)
can languages.
Renowned author Ngugi Wa
Thiong’o, a Board member,
said that the Mabati-Cornell
prize is a “major interven-
tion in the struggle for writ-
ing in African languages, for
their place and visibility in
the global sun of literary
imagination.
Prizes have generally been
used to drown African Litera-
ture in African languages un-
der a Europhone flood. I
hope that this prize becomes
an invitation for other Afri-
can languages to do the
same and much more.”
Over 140 million people
speak Kiswahili in Eastern
and Southern Africa.
Ancient „Pharaoh‟s Oil‟ Takes America by Storm
Investment News 7
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which you will find in the
Bible book of Matthew
Chapter 25 from verses 14
to 30, capture just the kind
of audience that Investment
News targets only you just
have to replace ―servants‖
w i t h ― w o r k e r s ‖ o r
―employees‖, because at the
time (back in time), servants
were more or less, the
―employees‖ of the day.
Jesus told his disciples this
parable—a tale about Man
travelling into a far country,
who called ―his own serv-
ants, and delivered unto
them his goods.‖ (Verse 14).
Jesus goes on to say, ―…unto
one he gave five talents, to
Three Valuable Lessons on
Investing from Bible Parable An entrepreneur‘s interpretation
of the great scripture and how it
applies to you. By FRED MWEU
I fell upon an interesting
parable in the Bible that I
wish to share with you.
What I intend to impart is
related to entrepreneurship,
and it came from the Mas-
ter himself.
The subjects in this parable, Turn to page 29
ENTREPRENEURSHIP
8 Investment News Business opportunities start here!
The
Power
of Mobile Phone in Business
Technology has changed our lives. And it has profoundly done so in in-
dustry where the mobile phone is quickly taking the central role. Its
ease of use and portability has ensured an increasing umber of users.
Fewer and fewer people are accessing the internet through computers
mobile phones that make it possible to surf the net and transact busi-
ness on the go.
Recruitment sector has been the most impacted world wide. And it is
being predicated that within a few short years, the mobile will consti-
tute the most important recruitment strategy. By not having a mobile-
friendly web presence, you are reducing your potential to connect with
top candidates and reducing your reach significantly. Here, we look at
what is happening in recruitment industry worldwide.
TECHNOLOGY
We live in an increasingly mobile-centric world,
with people spending more and more time on
their mobiles each day Not surprisingly, there-
fore , a 2014 survey found that 89% of the em-
ployees and job seekers surveyed use a mobile
device during their job search.
Despite this, a survey found that, “more than one
-quarter of large businesses don’t have a single
portion of their job sites optimized for mobile use.
More importantly, 80 percent don’t have career
sites that are mobile-friendly.”
So why exactly is mobile recruiting the way for-
ward for agencies and how can you make your
business mobile friendly?
Have you checked to see if your website can be
displayed properly on a mobile phone? If not, it
may be a good idea to optimise it for use on mo-
bile, so that users are able to view and navigate
around the site correctly, as well as being able to
search & apply for jobs directly from their phone.
By optimising your website for use on mobile, it
will tailor the content so that it fits the display
area of the mobile phone being used to access it
and ensure that it can be viewed properly no mat-
ter what device is being used. If you’re unsure
about whether it’s worth the time and effort to
make your website mobile friendly, you can find
out how many people access your site via mobile
through analytics sites such as Google Analytics.
You may be surprised to see how high the figure
is!
An alternative option to altering your website for
mobile use, is to create a dedicated mobile re-
cruiting application for use on smart phone and
other mobile devices. These can be downloaded
from App Stores such as iTunes and have been
specially designed for use on mobile.
Mobile apps may be better suited for larger busi-
nesses with lots of job openings at one time due
to cost and upkeep. International firms such as
Nestle and PepsiCo are among those who have
introduced mobile apps to manage their recruit-
ment. These apps make it quicker and easier to
browse and apply for jobs within the companies
and in addition to the improved access to job in-
formation, these apps can also send out alerts to
users when a new vacancy has been added.
10 Investment News Business opportunities start
MINING IN KITUI What if Dangote invests billions? Aliko Dangote is a businessman based in
in Lagos. He is the owner of the Dangote
Group, which has operations in Nigeria
and several other countries in West Afri-
ca. A wealthy supporter of erstwhile Pres-
ident Olusegun Obasanjo and the ruling
People's Democratic Party (PDP), Dangote
controls much of Nigeria's commodities
trade through his corporate and political
connections. With an estimated current net
worth of around US$17.1 billion, he was
ranked by Forbes as one of the richest men
in the world and the richest black person
in the world ahead of Mohammed Al
Amoudi ($9.0 billion) and ahead of Oprah
Winfrey ($2.5 billion), Mo Ibrahim ($2.5
billion) and Patrice Motsepe of South Afri-
Investment News 11
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Dangote Cement is a fully
integrated cement company
and has projects and opera-
tions in Nigeria and 14 oth-
er African countries; Dan-
gote Cement's current total
production capacity in Nige-
ria from its three existing
cement plants namely Oba-
jana (10.25MMTPA), Ibese
(6.0MMTPA) and Gboko
( 4 . 0 M M T P A ) i s
2 0 . 2 5 M M T P A .
The Obajana Cement
Plant (OCP) located in Ko-
gi State is reputed to be
one of the single largest
cement plants in the world
with a combined capacity
o f 1 0 . 2 5 M M T P A .
A fourth line which add
3.0MMTPA to the existing
capacity will bring the to-
tal capacity of Obajana to
13.25MMTPA by 2015.
Dangote Cement is also the
biggest quoted company in
West Africa and the only
Nigerian company on the
Forbes Global 2000 Comp
Dangote: A man of Superlatives
ca ($2.4 billion). Now Dangote wants to set
up the largest cement factory in Kitui,
where, last year he put up a party for the
County residents. But only a few people
are asking what kind of change he would
bring to Kitui—and to Kenya in general—
if he controlled such huge investment?
In whatever it
trades in, Dangote
in a near monopoly
in Nigeria.
Dangote Quarries
Company (DQC)
will explore lime-
stone resources in
Kanziko area.
Dangote says in-
vesting in the sec-
tor the project will
ease cement short-
age in the country.
Aliko Dangote is
reputed to be a non-
partisan, detribalized investor who offers
employment opportunities to elite gradu-
ates from different ethnic backgrounds. His
companies have reduced the level of crime
by engaging youths who are school leavers
in the area of transportation, product pack-
aging, security and others.
12 Investment News Business opportunities start
Supporting the Future Makueni Youth are now appreciating that ‘Wealth is in the soil’
Wycliffe Kyalo Waema (pictured) is a young man of 23 years. But he is also a very serious farmer. When he completed his secondary edu-cation in 2009, he decided to stay home and do farming.
“All my brothers had gone to Nairobi, leaving behind a good piece of land,“ he says.
Due to lack of funds, he start-ed planting French beans on only a quarter of an acre us-ing a generator. Then he be-came a member of Kimwango Horticultural Farmers Associ-ation which enabled him to get seeds and advice on farm-
ing and m a r k e t -ing. It also e n a b l e d him to ac-cess loans.
Kamwan-go, which is sup-ported by
MESPT, requires all mem-bers to become members of Universal Traders Sacco so as to access loans for farming.
Titus Mbai is the chairman of the Association which co-vers a sizeable area of Ma-
kueni County. Like Kyalo, Mbai, now 60, was interested in farming but he had no cap-ital. Unlike Kyalo, when he completed school, he went to Nairobi and found work.
He raised some money from his employment, bought a generator to pump water and returned home.
“I wanted to be a farmer, and with water now I was ready.”
When he started farming, however, he realized that gen-erators were very expensive to run.
“I needed Shs4,500 every week for diesel alone.”
Investment News 13
Business opportunities start here!
That is when he learned that he could get a loan to lay pipes and construct stor-age to get free flow water to his farm.
In his farm which was lush with tall healthy maize plants nearly ready for har-vesting, Mbai plants French beans, water melon, green grams, tomatoes, cabbages and passion.
The association is encouraging the youth like Kyalo to take up farming. So far, more than a quarter of its mem-
bers are youth.
Kyalo’s is a success story that has influ-enced other youth. Before he started get-
ting loans, his income was only Shs10,000 a month. Now his monthly income is Shs120,000. He
p la nt s s u kum a, French beans and maize.
“Water is very im-portant for horticul-ture crop farming. Some crops such as water melons have demand when it is hot and there is no rain,” says Kyalo.
He plans to increase his farm size from the current five acres to 10 acres.
And he is hoping to influence more youth to realize that “wealth is in the soil”.
Titus Mbai shows his free flow water irri-
gation in his flourishing maize farm (above)
while Kyalo Waema takes a visitor through
his French beans farm (Facing page)
14 Investment News Business opportunities start
The American Medical As-
sociation (AMA) is upping
the fight to gain total con-
trol over the medical indus-
try.
The fight is between the
AMA and doctors who sup-
port effective ways of treat-
ing diseases which do not
necessarily use manufac-
tured medicine– the type
commonly known as alter-
native medicine but which
Kenyans refer to as tradi-
tional medicine or herbs.
In the USA, the supporters
of traditional medicine are
exemplified by a physician
Dr. Mehmet Oz who runs a
popular TV show called The
Dr. Oz Show who openly
traditional medicine. Such
support of traditional medi-
cine could lead to dimin-
ished profits for pharmaceu-
ticals and also for regular
doctors. Through the AMA,
the pharceutical multi-
nantions hope to stop the
spread and adoption of tra-
ditional medicines.
One way is by expelling
member doctors who sup-
port traditional medicines
such as Dr. Oz. To this end,
the AMA has proposed new
"ethical and professional
guidelines" for physicians
that threaten to censor doc-
tors who deviate from what
the AMA deems as medical
g o s p e l .
A group of medical students
joined by residents and fel-
lows from the AMA recently
introduced a proposal before
the AMA's House of Dele-
gates that outlines how
physicians are to conduct
themselves when speaking
through mass media. Be-
cause they have the power
to influence millions of peo-
ple when speaking on televi-
sion and radio, physicians
like Dr. Oz "cannot function
under the same guidelines
as a physician counseling
individual patients," the
g r o u p c o n t e n d s .
So in order to maintain con-
trol of the conversation, the
AMA is developing a new set
of guidelines to govern what
it has dubbed "mass medi-
cine," disparagingly refer-
ring to people like Dr. Oz as
"quacks" who will "no longer
... be able to benefit from a
lack of specific standards
and professional codes." And
doctors who fail to abide by
the new guidelines, which
are technically just recom-
mendations, could face disci-
pline for allegedly "violating
medical ethics in the media."
"The AMA will create a doc-
THE DEADLY PHARMACUTICAL DEBATE
How Medicine Firms Make
Big Money at your Risk
Only recently, the Catholic Church in Kenya was up in arms against
an ―unethical‖ tetanus vaccine. But now doctors in the USA say,
‗Much of what the drug industry does fulfills the criteria for organized
crime in U.S. law.‘ This articles shows how far these multinationals
are willing to go to protect their incomes.
Investment News 15
Business opportunities start here!
ument clarifying what disci-
plinary actions may be taken
against a physician who uses
the media unethically," re-
ports the site Doctors in Oz,
which is an obvious play on
words referencing Dr. Oz.
"There are avenues for re-
dress available through the
legal system, licensing
boards, and the medical soci-
eties to name a few."
E v e n t h o u g h
the AMA represents as little
as 17 percent of all practic-
ing MDs - and this number
continues to decrease - the
organization seems to think
that it deserves full authori-
ty over what doctors say and
how they advise the public
on the latest food and medi-
cine science. And it spends a
pretty penny to maintain
this medical monopoly,
shelling out nearly $20 mil-
lion annually to lobby Con-
gress to do its bidding.
"Keep in mind that the
AMA is not the voice of the
medical profession," warns
the Alliance for Natural
Health USA (ANH-USA), a
health freedom advocacy
group that is standing up in
defense of medical free
s p e e c h .
"Its membership has slipped
to the point where it repre-
sents only 17 percent of
MDs, and many of those are
free memberships given to
medical students, yet it re-
mains the fifth most power-
ful special interest in USA.
This gives it the clout to in-
fluence Medicare prices,
make recommendations
that shape national policy,
and rake in about $218.8
million a year from its gov-
ernment-granted CPT medi-
cal code monopoly."
What the AMA is attempt-
ing to do here represents
nothing short of medical
tyranny. One of the resolu-
tion's authors, a medical
student from the University
of Rochester, actually re-
ferred to the AMA in the
media as "organized medi-
cine," which ironically
sounds a whole lot like orga-
nized crime. How can this
membership-based organi-
zation, which holds no actu-
al legal authority over the
medical profession, get
away with trying to assume
c o n t r o l o v e r
what doctors say and do in
t h e m e d i a ?
The answer to this question
is that the AMA operates
much like the mafia, backed
by an extensive network of
crony allies in the pharma-
ceutical and vaccine indus-
tries. AMA member doctors
are notorious for accepting
payouts from drug reps
(sales staff) to push the lat-
est pills and jabs on pa-
tients, even when safer,
more natural, alternatives
are widely available.
This is part of what got Dr.
Oz in so much trouble with
the medical cartels - he
openly talks about natural
remedies on his show and
during media interviews,
and isn't afraid to call out
industry kingpins like Mon-
santo for poisoning the
planet and the food supply
with deadly chemicals like
Roundup (glyphosate). So,
to silence him and any oth-
ers who might try to follow
in his footsteps, the AMA is
now playing hardball.
"Much of what the drug in-
dustry does fulfills the crite-
ria for organized crime in
U.S. law," says Dr. Peter
Gotzsche, director of the
Nordic Cochrane Center in
Copenhagen, and author of
the book Deadly Medicines
and Organized Crime: How
Big Pharma has Corrupted
Healthcare. "And they be-
have in many ways like the
mafia does, they corrupt
everyone they can corrupt,
they have bought every type
of person, even including
ministers of health in some
countries ... The drug indus-
try buys the professors first,
then chiefs of departments,
then other chief physicians
a n d s o o n . . . "
16 Investment News Business opportunities start
In Machakos, China has planned a Shs65 billion
mega city styled as a Chinese-controlled economic
zone to compete with Dubai to provide over
200,000 jobs. Going by their practice of bringing
along even the sweepers, Kenyans have a good
reason to wonder whether Athi River will not be-
come another Chinese colony and what the future
will eventually be like. Many are already asking:
How will it sit in relation to other pro-
posed cities—Machakos
City and Konza City?
This analysis gives you
the world view of Chinese
investing in Africa.
China is today Africa‘s third
largest trading partner and
second-largest export desti-
nation. And while some ar-
gue that it is using a neoco-
lonial approach, others see
it as an alternative to sever-
al Western condition over-
loaded aid. But the ques-
tion is still in the air: Is
China empowering or ex-
ploiting without concern,
opportunities in Africa?
In the years 2002 to 2007,
China offered over $33 bil-
l ion of government -
sponsored aid – over half
for infrastruc-
ture projects –
to Africa and
$107 billion-a-
year bilateral
trade, quadru-
pled between
2000 and 2008.
The three main
areas of trade are: primary
resources from Africa to
China, cheap manufactured
goods and foreign Domestic
Investments ( FDI) from
China to Africa. In FDIs,
China has ventured into
new investment opportuni-
ties such as land acquisition
and outsourcing of farm pro-
duction. By 2009 almost
one million Chinese farmers
were working in Africa.
Led by its two largest econo-
mies, South Africa and Ni-
geria, Africa is probably one
of the last major regions on
earth that remain unex-
plored, as shown in The
Plundered Planet by Paul
Collier. It is supposed that
what is actually under the
soil in the average square
kilometre of Africa is at
least twice as valuable as
what is known to be still
available in the western
countries.
The debate still rages on about the Chinese investing in Africa even as it remains a key partner
Is China empowering
or exploiting Africa?
Top: Artists
impression of
Chinese city.
Left: Artists
impression of
Machakos City
Right: Artists
impression of
Konza City
Investment News 17
Business opportunities start here!
Clearly, there will be a big
wave of resource discover-
ies and Africa and the con-
tinent‘s commodity exports
will be five times their pre-
sent level, ending up in a
phase of rapid growth.
Since 2004 economic
growth across Africa has
increased by an average of
6% annually, while pov-
erty has substantially de-
creased. This is contrasted
with the fact that Asian
economies are in constant
need for commodities, not
only for new channels of oil
and mineral resources, but
also to mitigate their food-
security concerns, and gain
a strategic position in the
continent.
Moreover, Africa will be
soon among the last remain-
ing low-wage regions. The
effect of this will be to move
good production activities to
the continent where the re-
turns on investments will
remain higher than any-
where.
Three main rea-
sons have let
China succeed in
Africa. Firstly,
its credibility,
gained since it
shares with the
latter a common
experience as a
developing coun-
try. Africans see
in China a people who have
overcome oppression to be-
come one of the richest
countries within a few dec-
ades.
Second China‘s business-
like approach to develop-
ment and focus on infra-
structure projects means
hope for the Africans.
Thirdly, Chinese aid gener-
ally focuses on development
projects, aimed at satisfy
immediate needs, rather
than long-term investments
typically taken into more
consideration by Western
countries.
The fourth reason is China‘s
broad-based interests: Chi-
na is involved in almost eve-
ry sector, with engagement
growing not only in sectors
and geographies but also in
a broader strategic commit-
ment.
The flip-side of Chinese in-
vestment in African is its
apparent over concern with
its own needs. In many Afri-
can countries, China is seen
as supporter of dictatorial
and oppressive governments
and corruption and illegal
trade. An example is Libya
where it continued to sup-
port the regime of Muamar
Khadafi even when it was
obvious that the regime had
lost touch with the ordinary
Libyan. In Uganda, Rwanda
and Ethiopia the Chinese
have invested heavily alt-
hough these are ―hesitant
democracies.‖
Secondly, Chinese often rely
on their own labor, hiring
Chinese workers rather
than local ones, and using
Chinese materials, thus
making their projects of lit-
tle benefit to African com-
munities and industries. .
The debate still rages on about the Chinese investing in Africa even as it remains a key partner
Top: Artists
impression of
Chinese city.
Left: Artists
impression of
Machakos City
Right: Artists
impression of
Konza City
18 Investment News Business opportunities start
In Migeria, the Dangote
Group has nationwide staff
strength of 22,000, which
clearly puts him among the
most significant employers.
One analyst says, ―It may
possibly not be a wild as-
sumption to say that all Ni-
gerians have heard of his
name due to the impact of
his businesses. His goods
are practically in most
homes across the country.
People who may not use his
products might have passed
a few of his trailers by the
way.‖
Some statistics here will un-
derline this impact:
The Dangote Group im-
ports 400,000 metric
tonnes of sugar annually
which makes up about
70 % of the total require-
ments of the nation.
It is a ma-
jor supplier of
the product to
the manufac-
turers of Coca
Cola, Pepsi
Cola and Sev-
en-Up in Ni-
geria.
It imports
200,000 met-
ric tonnes of
rice annually just as the
company imports tonnes
of cement and fertilizer
and building materials.
Dangote Group also im-
ports fish and owns
three big fishing trawl-
ers chartered for fishing
with a 5,000 MT capaci-
ty.
The group exports cot-
ton, cocoa, cashew nuts,
sesame seed, ginger and
gum Arabic to several
countries globally.
A vehicle leasing unit
with over 100 fully air-
conditioned commuter
buses, is also part of the
Dangote Group.
It is also into real estate
with luxury flats and
high rise complexes in
Ikoyi, Victoria Island,
Abuja and Kano. Dan-
gote Foundation is the
philanthropic arm of the
group where yearly he
spends millions for wor-
thy causes such as con-
tributions to educational
and healthcare institu-
tions, sinking of bore-
holes and giving of
scholarships.
In all, Dangote is into ex-
porting, importing, manu-
facturing, real-estate and
philanthropy. All of these
are combined together to
form what is known as the
D a n g o t e G r o u p .
At the helm of its affairs as
president and CEO is the
―humble person called Aliko
Dangote.‖
Born in Kano, his grand fa-
ther, the late Alhaji Sanusi
Dantata provided him with
a small capital to start his
own business, as was the
practice then. He thus
started business in Kano in
1977 trading in commodi-
ties and also building sup-
plies.
Alhaji Aliko Dangote moved
to Lagos in June 1977 and
persisted in trading cement
and commodities. Encour-
aged by tremendous success
and increase in business
activities, he incorporated
Investment News 19
Business opportunities start here!
two companies in 1981. The-
se as well as others that fol-
lowed now make up the con-
glomerate known as The
Dangote Group.
Aliko Dangote is alo reputed
to be one of the few Africans
who had not looted their
countries and stashed bil-
lions of dollars in foreign
bank accounts.
Of this, Dangote says, ――If
you give me today $5 bil-
lion, I will not invest any
abroad, I will invest every-
thing here in Nigeria. Let
us put heads together and
work.‖
His stories evoke a lot of
positive response in Nige-
ria . So what do the ordi-
nary Nigerians say of him?
Here is a sampling:
Aliko Dangote is a man
of inspiration, a man
who has risen above
scholars, politicians fake
pastors and thieves, he
is my mentor. I pray
that God‘s continues to
bless and guide him.
Kudos to Alh. Aliko
Dangote, an icon in Ni-
geria economy. Your sto-
ry always gives hope
that with hard work and
perseverance, anybody
who dream of becoming
great can make it. Long-
life and more grease to
your elbow with little
effort and much result
its good to invest in our
country rather than out-
side because there is un-
employment in the here.
Please graduates don't
wait for the government
to give you work. Learn
from Dangote. Employ
yourselves.
20 Investment News Business opportunities start
Cooperatives on the Move
Taifa Sacco Expands to Nairobi
‗It has always been our dream‘ Taifa sacco wasn‘t conforta-
ble without a presence in
Nairobi. ―We have to be at
the centre of financial pow-
erhouse of East Africa,‖ its
General Manager, Mr Sam-
uel Ngugi says. ―The sacco
has gained value, it has
improved its image by mov-
ing to Nairobi.‖
The Nyeri-based sacco
started off as Murata Sac-
co Society and was regis-
tered in 1997 as a farmers
cooperative.
But it wasn‘t happy to op-
erate in an enclave. It had
a big ambition—to improve
the lives of its members ―in
Kenya and other parts of
the world.‖
But conditions of coopera-
tives were such that it con-
fined itself to its registered
area of operation. Now,
with the change of laws of
cooperative, the sacco is
ready to take on the world.
―We are strategically ready
(to open a branch in Nairo-
bi). It‘s a dream come
true.,‖
To take on Nairobi, the sac-
co has established an elabo-
rate ICT management sys-
tem, rolled out M-Taifa mo-
bile banking and inter-
linked its branches. It also
General Manager Mr. Samuel Ngugi: “We have what
it takes to achieve that dream.”
Investment News 21
Business opportunities start here!
Machakos Cooperative Union - the umbrella
organization for coffee farmers in Machakos and
Makueni counties - is pleased to announce that
it will launch is brand of coffee soon. Coffee is a
major cash crop in Machakos and Makueni
counties, and therefore the Union is working
hard to add value to what farmers produce.
Plans are already at an advanced stage for
roasting, packaging and selling our own brand-
ed coffee, both locally and globally. As the CEO
Mr. Martin Malila says, ―The cooperative mood
in this region is full of excitement following the
installation of the mill.‖
With the help of the Union, the Lower Eastern
Coffee Mill, which is owned by members of the
Union, individuals and corporates, has installed
a coffee milling plant in Machakos town in order
to help coffee farmers add more value to their
coffee. One of the important things the mill has
done is to reduce the distance farmers‘ travel to
have their coffee milled. Shorter distance reduc-
es costs and wastage that occurs in travel.
Secondly, farmers are milling their coffee at
rates lower than those charged by any other mil-
ler in Kenya while at the same time eliminating
wastage and thefts that occur in milling. In
their own milling plant, farmers are sure to get
the same amount of coffee as they brought for
milling.
Wecome to MCU
Brand of Coffee
specially trained its staff to
serve the new branch in the
capital city.
Recently the sacco celebrat-
ed its 40th anniversary and
rebranded as Taifa Sacco to
give it a national image that
allows it to operate all over
the country.
Why does the sacco want so
desperately to be in Nairo-
bi?
Apart from the fact that
Nairobi is the business hub
of Eastern Africa, Taifa Sac-
co has many customers in
Nairobi, according to the
General Manager.
―We have many customers
in Nairobi who operate ac-
counts in various Taifa Sac-
co branches.
―They are happy that they
will no longer be visiting
branches for financial ser-
vices that require them to
travel to the branches. We
are now taking the services
right to their door steps. We
shall engage in intensive
customer recruitment exer-
cises to win many more cus-
tomers.‖
The sacco has branches in
Nyeri, Nyandarua and
Laikipia counties. Following
closely after the Nairobi
branch, the sacco will open
a branch in Nakuru.
The Marketing Manager
Mr. G.M. Riitho says, ― As
we move on, we urge all
players to embrace the big-
ger picture and come to-
gether to take to the high-
est levels of performance
and service delivery.
―We are thinking big, and
focusing on the future with
confidence.‖
And Mr. Ngugi says ―We
shall continue sharing our
dreams and aspirations of
our members. It is our
dream to become one of the
largest most successful and
well run saccos in Kenya
and possibly in Africa. We
have what it takes to
achieve that dream.‖
22 Investment News Business opportunities start
Review of Investment Opportunities
In Machakos County
Unveiling its programs and
investment opportunities
recently was the Machakos
County. The opportunities
were contained in the
Machakos Vision 2020
Strategic Plan for 2015 –
2020.
The County outlines seven
strategic goals that the
County will pursue in the
plan-period. There are im-
proved health, Food securi-
ty and nutrition, Water and
sanitation, Enhancement of
security, Promotion of Edu-
cation, Development of
youth, sports and recrea-
tion facilities, and Identifi-
cation and support of vul-
nerable groups.
With a population of near-
ly 1.2 million, Machakos
County has a literacy rate
of 88 per cent. Some 76 per
cent aged below 18 years
attend school.
Energy supply
When it comes to infra-
structure, paved roads cov-
er only 7 per cent while
roads classified as good cov-
er 27 per cent of the Coun-
ty‘s road network.
And electricity access is on-
ly 17 per cent.
These are some of the areas
that spell great investment
opportunities. Emphasis in
the Kenya is being laid on
alternative sources of ener-
gy because of the unreliabil-
ity of water as a source of
power. Solar power and
wind are some alternatives
that investors can explore,
with high returns if success-
ful.
Tourism
The plan says, ―The beau-
tiful hilly scenery of the
County of Machakos is
perfect for tourism related
activities such as camping,
hiking safaris, ecotourism
and cultural tourism,
dance and music festivals
among many more.‖
Machakos County has a
wealth of creative tradi-
Lord Macmillan building at the foot of scenic Kilimambogo
(Kyanzavi) Hill was the expansive home of a flamboyant
American in the colonial period. It is among the things up-
on which tourism can be built.
INVESTING IN THE COUNTIES
Investment News 23
Business opportunities start here!
tions and cultural indus-
tries. World famous wood
carvers have their home in
Wamunyu in Machakos
County where the industry
was started by Mutisya wa
Munge. Syondo traditional
baskets and a myriad other
traditional crafts trace
their home to Ukambani, of
which Machakos is a part.
Dances like kilumi are dra-
matic and are famed for
their therapeutic qualities.
In deed, kilumi is like med-
itation which has created
enormous wealth for Asian
countries including India.
Ndanu Musau is one of the
many researchers on Kumi.
In her research The reli-
gious significance of kilumi
rituals,songs and dances
among the Akamba of Kitui
district (Kenyatta Universi-
ty library) she says, ―... ki-
lumi rituals and dances fall
into four main groups,
namely: ( 1) Worship -k-i -
l.-u-mi (2 ) Therapeutic
kilumi ( 3 ) Cleansing
kilumi (4) Initiation kilu-
mi.‖ Yoga falls into simi-
lar categories, but it is
the therapeutic aspects
that are empahised for
the international com-
munity. Similarly, kilumi
should be organized to
serve a similar purpose.
Kilumi is one of the tradi-
tional Kamba dances popu-
larized for national enter-
tainment during the era of
President Mzee Jomo Ken-
yatta and are well-known
for the rhythmic drum-
ming. All these can form a
basis for a modernized en-
tertainment, therapy and
keep fit exercises which can
attract both local and inter-
national tourist. They can
also be exported abroad to
earn investors greater in-
comes.
The Machakos government
has achieved great success
in creating an environment
in which these industries
can flourish to being great
returns for investors.
The Machakos People‘s
Park, located at the foot of
the internationally
f amo us Kap i t i
plains, is one of the-
se enabling govern-
ment investments.
Heavy promotion by
the government
and sheer fun and
freedom offered by
the park has made
it a leading choice
for many entertain-
ment events around
Kilumi can bring wealth to Machakos County just as Yo-
ga has done for India, but we need investors to modern-
Wide famous wood carving: They offer
excellent investment opportunities for
exporters Turn to page 26
24 Investment News Business opportunities start
Review of the book: Brown Man, Black Country.
Author: J.M. Nazareth
Pages: 540 Publisher: Tidings Publications, India
If you want a good example of a
book which has made no impact
because of poor editing, then
you should look up J.M. Naza-
reth's Brown Man Black Coun-
try. The title starts the series of
inept editorial mistakes. Surely
the title Brown Man, Black
Country is hardly creative at all.
Were there no women among
the brown men? And which
country is black? I am not being
flippant, but underlining the fact
that the editors of this otherwise
very informative book didn't try
at all.
The book is one of the few that
detail Asian contribution to Ken-
ya's freedom struggle. The au-
thor Jon Maximian Nazareth
(better known as J.M. Nazareth)
was born in Kenya—in fact Nai-
robi—in 1908. After studying
law in India, Nazareth returned
to Kenya in 1934 where he be-
came a Puisine Judge.
A man imbued with great politi-
cal ambition, Nazareth became
the president of the East African
Indian National Congress in
1950. He also headed the Law
Society of Kenya in 1954, was
elected member of the Legisla-
tive Council (better known as
Legco) for Western Electoral
Area in 1956 and became the
president of the Gandhi Memori-
al Academy at the University of
Nairobi. ..... :
In these capacities, Mr. Nazareth
was able to witness or even take
part in some of major political
issues that today we are still
struggling to resolve. And he
gives
Jomo Kenyatta (left) and Tom
Mboya; They refused to honor
an agreement to nominate JM
Nazareth an MP in exchange for
Indian support against White
colonialists
lots of information with excerpts
of the Hanzard, his own letters
and even newspaper cuttings as
proof for the audacity of his nar-
rative.
He interacted very closely with
the political stalwarts of the in-
dependence era such as Mzee
Jomo Kenyatta, Tom Mboya and
Julius Cikonyo Kiano with
whom he was, as he says, on
first-name terms.
Indian Congress and African
Aspirations
At independence in 1963, his
Indian Congress had identified
itself with the aspiration of the
Africans. In one resolution, the
Congress said, "That a drive be
launched immediately to encour-
age large scale enrolment into
the ranks of Kanu and active
support of Kanu and active par-
Books and Culture
The Indian Question in Kenya’s
Independence Struggle Answered
Investment News 25
Business opportunities start here!
ticipation in its work by the In-
dian community so as to make
Kanu a strong and f u 11 y
representative organization."
Indians were also to help fund
Kanu.
When Tom Mboya learned of
this he wrote a letter to Nazareth
to express his gratitude which
started with, "Dear J.M" and
ended with "Yours sincerely,
Tom."
And Nazareth wrote back to
Tom Mboya with a letter that
started with. "Dear Tom." and
went ahead to request for Kanu
receipt books to "hasten the re-
cruitment of Indians."
Then things started to happen.
While waiting for the letter,
prominent members of the Con-
gress were deported, starting a
campaign to reverse the deporta-
tion and scattering Indian sup-
port tor the Kenyatta Govern-
ment.
White Highlands and Indian
Land Question
Mr. Nazareth. starts chronicling
the Indian role in Kenya politics
almost from the start. As early
as 1902. Whites in Kenya had
formed what they called the Co-
lonialists Association "to save
the Highlands for White settle-
ment." The Highlands, latter
known as White Highlands, ac-
cording to the Whites lay be-
tween Kiu (beyond Machakos
Town on the way to Mombasa)
and Fort Ternan in Kericho.
Land in these areas was reserved
for Whites only. Indians were
barred from owning any land in
any part of the country. "The
Land Board in 1907 resolved
against allowing Indians to take
any government land."
These two decisions—to reserve
the White Highlands tor Whites
and exclude Indians from land
ownerships started the land cam-
paigns that we arc still involved
in. The Indians stood with the
Africans against the Whites.
This land problems is now bap-
tized "land clashes/' and in-
volves local communities facing
off each other with some taking
the role of the Whites and others
the role of the Africans.
What Churchill Said of 1906
Kenya
The famous British Prime Min-
ister, Winston Churchill visited
Kenya as the British Undersec-
retary of State in I906 and re-
ported that. "Every Whiteman in
Nairobi is a politician, and most
of them are leading parties."
That's exactly the situation as it
is today. Some people say that
we have more than 100 regis-
tered and unregistered parties -
some are "pocket parties" which
although they have been reg-
istered have only the man or
woman who registered them as
the members. That's the best part
of it- that you keep your party in
the pocket to scare politicians
and negotiate Government jobs.
The worst is when these parties
become tribal like happened in
the last General elections. This
problem too, we bequeathed
from the White colonialists.
Tom Mboya ‘Lies’ Dim Indi-
an Support
In addition to these, Mr Naza-
reth has personal stories which
may explain the Asian attitudes
towards indigenous Kenyans.
For example, he tells the story
of how he was persuaded to stay
away from active politics so that
he could be nominated as an MP
or to any other equivalent posi-
tion by the then powerful cabi-
net minister. Tom Mboya. How-
ever when the time came for the
nomination, nothing was forth-
coming.
He was naturally deeply hurt
and begun considering leaving
Kenya tor good. "Such hopes as
I had of finding African leaders
prepared to work towards such
ends (of including Indians in the
government) and whom I could
assist perished in the second half
of 1975, in particular the gov-
ernment reaction to the report of
the parliamentary select com-
mittee on the murder of J.M.
Kariuki and the detention of
Deputy Speaker J.M. Seroney
and a member of parliament
Martin Shikuku, events consid-
ered by some quarters to be in
connection with proceeding in
parliament." Finally, he resolved
to stay. "And so, born in Kenya,
1 hope to continue to live in
Kenya and to die in Kenya."
Eventually, of course, Nazareth,
left Kenya for India.
26 Investment News Business opportunities start
Sahelian Solutions (SASOL)
Foundation has over 20 years
experience in Food Security
interventions in Kitui Kenya
and selected countries in Afri-
ca, reaching over 400,000. SA-
SOL leads in development of
water structures for food pro-
duction among others. SA-
SOLis headquartered in Kitui
town.
the country.
According to government
statistics, more than 5,000
people visit the park every
weekend.
The Machakos Stadium,
which was renovated to in-
ternational standards, has
hosted many local and in-
ternational events.
The net effect of these stra-
tegic investments has been
the pulling into Machakos
of other events such as the
motor and cycling rallies as
well as flurry of media at-
tention
Real Estate and Industry
Perhaps this is the most ob-
vious opportunity for inves-
tors. Machakos County of-
fers large flat and empty
spaces for real estate and
industrial investments. In
deed many real estate de-
velopers are already taking
advantage of this and giant
estates are coming up in
Athi River all the way to
beyond Kangundo road.
Predictions are that within
a few years, the entire Kapiti
plains formerly occupied by
European farms will be cov-
ered with giant estates to
serve the needs of expanding
Nairobi population.
The plains also offer oppor-
tunities for investments that
require large flat spaces
such as hospitals and educa-
tional institutions. Already
there are a number of uni-
versities and secondary
schools located in the Coun-
ty which target the middle
class population of Nairobi
City.
Its nearness to Nairobi cou-
pled with security, has in
deed helped in this regard.
The Machakos County Gov-
ernment is working hard to
maintain and improve the
investment environment for
real estate investors.
Among the top priorities out-
lined in its Strategic Plan is
fast tracking issuance of title
deeds, increasing coverage of
street lights in towns and
trade centres and installa-
tion of CCTV surveillance
camera and policing
Other Investment Oppor-
tunities.
Other investment opportuni-
ties include water and sani-
tation, agriculture and
health.
The County Government has
been active in providing
health services especially
targeting women, but there
is still a wide room for in-
vestors. In deed, several pri-
vate hospitals have invested
heavily in the County.
Investors interested in
farming will join a growing
number of large scale farm-
ers, especially flower farm-
ers. Perishable farm prod-
ucts that need to take ad-
vantage of quick, and low
cost transport to national
and international markets
will find the County most
appropriate investment des-
tination because of its prox-
imity to the Jomo Kenyattta
International Airport. They
can also take advantage of
the Mombasa Road and the
railway line which traverse
the County to reach markets
in outlying cities and town
such as Mombasa, Kisumu
and Nakuru.
Investing in Machakos From page 23
Investment News 27
Business opportunities start here!
After losing a couple of
items to conmen at the
Masaku 7s rugby tourna-
ment, I think I am qualified
to join other journalists in
saying that the tournament
is anything else but a sports
event. At the end of the day,
no one knew – or was even
interested to know – which
team won or lost.
The Masaku 7‘s rugby tour-
nament means different
things to different people.
While one man could easily
have spent more than Ksh.
100,000 in hard-earned
money just to have the time
of his life, another man easi-
ly made the same Ksh.100,
000 during the same event
through thieving.
Conmen exist everywhere
on the planet. In such big
events, they will always
show up in large numbers,
regardless of the location or
type of event. Though times
change and technology revo-
Keep Your Hands on Your Wallet Even
as You Cheer Up in these Crowds
lutionizes the scams and rip-
off games, the rules and
tricks of handling such people
will more or less stay the
same. Being cautions and al-
ways considerably suspicious
of the next man will usually
be of help; but does not guar-
antee the safety of your mon-
ey and property.
Here are some popular ways
thieves have been making big
bankrolls out of the unsus-
pecting public.
The hype moment
The well-trained conman has
a good idea of how the human
mind works. He knows that
the best time to make his
move is when your mind is
distracted by the hype of the
party. In a match, this could
be when the teams score and
you‘re all up celebrating. He‘ll
be celebrating with you all
but at the same time, his
hand is in your pocket. By the
time you are done clapping,
your wallet and phone are
in his pocket. He is obvi-
ously more focused on
meeting his daily robbery
goals. Most people know of
the New Year festivals
where phones and wallets
are snatched just when the
year is seconds old and the
crowd is madly jubilated.
The crowd
The thief knows that your
primary concern when
you‘re in a crowd is getting
through. Your hands are
rarely anywhere close to
your pockets and your
mind is much further.
That‘s the moment you
won‘t even feel his hands in
your pockets as everyone is
also trying to push
through. You will only real-
ize you got robbed minutes
after you‘re out of the
crowd.
The street hustlers
These have considerably
Kick
back
with NGULI MULI
28 Investment News Business opportunities start
faded off the scene but few
cases still get reported. The-
se ones lack tact and will
simply rob you in broad day-
light or in the dark night.
Especially when you‘re all
alone, they will bank on
your fear. They‘ll usually
start off by demanding for
some money to buy marijua-
na or cigarettes and once
you show them how rich you
are, they can even get vio-
lent. They‘ll usually move
around the town as a group
and can be identified by
their dressing mode. They
could have a black or brown
trench coat with lots of
pockets to store the ―fruits
of their labor‖, or just a
hooded jumper to conceal
their identity. Usually, they
don‘t have much worry as
they‘ll take some hard drugs
before reporting to their
hustling stations.
The fake officer
Known more commonly in
the city as ‗kanju‘, these will
come and attack young boys
in public places. Normally,
there are two uniformed
men without uniform and
will show up in the park at
odd hours or in the streets
when you break simple
rules. They will threaten to
have you arrested and, just
to make their game strong-
er, could even hand cuff you
and seemingly lead you to a
police station. This can‘t fol-
low through so they‘ll ask
for a bribe and if you be-
come too smart for them,
they‘ll quit playing around
and simply rob you honest-
ly.
The list is virtually endless.
In events, this is a simple
rule to go by: Leave your
expensive property at home.
A flashy watch could get
your wrist cut off and a pure
gold chain could easily put
you on your deathbed the
following day. The more ex-
pensive you look, the easier
it is to be targeted by rob-
bers. Why would they go for
less when they could get
more anyway? Carry just
sufficient money well sepa-
rated in different pockets
just in case pick pockets
catch up with you. Also, go-
ing out with reliable friends
is helpful.
When confronted by the
street gangs or single hus-
tlers, don‘t be quick to show
fear. A little fear makes
their work easier and they
wouldn‘t mind letting you
go safely if you give them
everything you have. With
that said, know when to
give in. Some of these peo-
ple are already high on
hard drugs when they‘re on
the streets and will easily
murder a man who makes
their job harder.
With strangers, trust your
instincts. Generally, a thief
would rarely ever grow fat
or have a smooth-looking
face. They will often have a
rough expression that‘s nev-
er relaxed as they expect to
meet someone who might
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another two, and to another
From page 7
one;‖ (verse 15).
Like those servants in that
part of scripture, we all
come endowed with one or
other ―talent‖ but whether
we discover that is another
matter entirely. Another is
to know that one may have
the talent and not put it to
good use Many times we
stray from our talent to do
other things for many rea-
sons, ranging from what our
parents want, peer pres-
sure, available space for an-
other course of study after
failing to meet the cut-off
mark for a desired course of
study, or the profitability of
adventuring into a career
associated with the talent.
Some find their way back,
like many doctors I know
who are doing everything
else but that which they
spent an average of six
years studying in medical
school for.
So Boss gave the talents to
the servants, ―…to every
man according to his sever-
al ability; and straightway
took his journey.‖ (Verse
15). Some people refer to
talent as gifts and need I
stress anymore that we all
aren‘t equally gifted, even
in the same area, field, occu-
pation etc (the fingers are
not equal things).
We are then told that, ―…he
that had received the five
talents went and traded
with the same and made
them other five tal-
ents.‖ (Verse 16). So did the
one to whom two talents
were given, for he made an-
other two. But the one who
was given one talent, ―…
went and dug in the earth,
and hid his master‘s mon-
ey.‖ (Verse 18). And this is
the crux of the matter.
Money works very little in
storage. Even in the modern
economy, if you keep your
money in the bank, you will
not profit much. You should
trade with your money. Con-
sider the entrepreneurs who
multiply their money. As an
employee, you cannot multi-
ply your money. This is the
great lesson Jesus is teach-
ing. Trade with your money.
Again he is teaching that
there is no amount too small
t invest. The money with
one talent could have made
money, but he chose not to.
He chose to complain.
See how the servants with
five and two ―talents‖ made
something off the bit they
were allocated, while the
one allocated a talent, prob-
ably felt the little he had
couldn‘t be invested.
The master soon returned
and was full of praises for
the servants who had
―traded‖ with the talents
they had been given say-
ing to both of them- ―…
Well done, thou good and
faithful servant: thou hast
been faithful over a few
things, I will make thee
ruler over many things:
enter thou into the joy of
thy master.‖ (Verse 21
and 23).
To the servant whom he
gave a talent to, he had
nothing but harsh words,
describing him as, ―…
wicked and slothful serv-
ant, …thou oughtest
therefore to have put my
money to the exchangers,
and then at my coming I
should have received mine
own with usury.‖ (Verses
26 to 27).
In his fury, the master
ordered that the talent
with the erring servant be
collected and given to the
one who had ten talents.,
―for those that are given
he shall have abundance
but from him that hath
not it shall be taken away
even that which he
hath.‖ (Verse 29)
The secret Jesus is stating
is that the rich will con-
tinue getting richer, and
the poor getting poorer
unless we learn to recog-
nize opportunities and
invest in our talents.
Lessons of
Parable
30 Investment News Business opportunities start
common. You pay partly in mon-
ey, partly in western objects like
T-shirts, baseball caps, sports
shoes, branded socks, etc. These
things do not have to be new
(though clean of course).
You will get lots of addresses
everywhere you come and people
will ask you to send them things
from your country. I however
doubt that these things will ever
reach the people they are meant
for. Kenya is great, were there
last September and we left a
piece of heart there.
REPLY 2: I think it really depends on where
you're going. We were in Kenya
and Tanzania last month - people
in the outlying areas were more
amiable to exchanging gifts, but
in the city - Mombasa, Nairobi
they want the cold hard cash.
Those that would exchange for
something in the city generally
wanted money as well. Check
prices in your hotel gift shop first
and bargain accordingly. While
we did bring some pens -Bic ball-
points for the kids, there is also
the theory that Westerners
shouldn't constantly give stuff
away because it promotes a beg-
ging mentality among the chil-
dren. Too late in most cases...
You can e-mail me if you want
some more info.
REPLY 3: We were in Kenya and Tanzania
January 2009. I too had heard
about trading US objects, so
brought lots of pens, pencils,
baseball caps, ribbon, etc. I was
severely scolded by our driver
for giving pens & pencils to the
children. He tells that they
sharpen the ends and use them
as weapons against each other
and he also scolded the children
for begging. I was told that the
only acceptable way to donate
such items was through a school
or mission. Donations to schools
are gratefully appreciated. As
far as trading for gift items, you
will find that the prices are the
same with or without the trade.
Several times the "do you have
something to trade" routine was
used as a ploy to hook us into
buying and thinking it was a
great deal. It wasn't. The one
thing that is acceptable is giving
US shirts or hats to your driver
as a gift (along with the usual
tip). All the drivers seemed to
be proud of their US hats.
What others are saying about
Kenya and Kenyans This time I'll take a break and
listen to what others are saying
online about visiting and trading
in Kenya. I want you to ask
yourself if these are genuine an-
swers (or even genuine portrayal
of Kenyans) Is the picture being
painted of Kenyans flattering?
QUESTION:
I am traveling to Kenya in Sep-
tember. Several years ago, I read
somewhere that the native Afri-
cans really like to receive new T
-shirts with American type lo
gos printed on them as "gifts". Is
this still the case? Also, I under-
stand that one can sometimes
"trade" for handmade objects
such as spears or crafts etc. Are
there specific western things that
the locals particularly like that
would be good for trading? Is it
better to refrain from spoiling
the culture with such things as
logo shirts, etc.? Thanks for your
advice and opinions.
REPLY 1: Children will ask you for pens
and bonbons (candy). They are
also very glad with the soaps,
shampoos etc. that your hotel
provides you with. Trading for
handmade objects is indeed very
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