I have no intention of reviewing how the Kenyatta’s acquired their enormous wealth, especially the hundreds of thousands of acres that they ‘own’. That is common knowledge. I also do not want to talk about how Chinese billions funding Jubilee campaigns or even how much Ruto managed to ‘hustle’ from Mama Ngina in order to sell Kalenjins to GEMA/TNA
I am just surprised that the Kenyatta’s are not content to merely spend their billions. No. They instead, have devised truly ingenious schemes to get the extra buck from long-suffering Wanjiku. I will only explain two such.
In the last few weeks, Kenyatta’s brookside dairies have increased the price of milk by more than 20/= per liter… and counting. Brookside deals with millions of litres of milk daily. So do the maths on how much more money 20/= per litre means to the bottom-line. Farmers, many of whom have been tied up in unfair contracts with Brookside (Brookside always retains a month worth of sales!) and cannot sell their milk to anybody else, are not being paid a coin more. Farmers are receiving exactly what they have been getting from Brookside even when retail milk prices were lower. Yet housewives are paying much more at the till. Due to strange rainfall patterns this January, there is a lot of fodder and the quantities of milk produced are still very high. So milk shortage is not the problem. It is simply about raising money for campaigns.
The Kenyatta’s are known for cut-throat competition. Brookside Dairies has systematically cannibalised other dairy processors; either elbowing them from the shelves or buying them off. This is creating a monopoly. KCC is now being run by Kenyatta allies. They fought viciously, weakened and bought off Spin Knit (Tuzo). As the Kenyatta’s push the price of milk upwards to raise money for campaign, they are also using their allies at the Kenya Dairy Board – a Michira Gichohi in particular – to harass small traders who hawk milk.
A second example that I will not dwell on is the usurious M-Shwari. Here again poor folks are being forced to pay the highest interest rates in the World (7% per month)!
CBA is an elitist bank that has no time for poor folks. They would not stand them in their pristine banking halls. So they have found a way to to take their money without even meeting them or knowing their needs and concerns. But notice again the cut-throat biashara of the Kenyatta’s in display here: the idea of M-Shwari was a Faulu innovation. CBA simply stole it.