The Moi Far- Reaching Tentacles In Kenyan Economy..

[SIZE=6]Farms, schools, and hotels that form part of the Moi empire[/SIZE]

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Summary: The former President acquired a significant stake in the Standard Group in 1995 from the Lonhro Group, as he was preparing to take one final stab at the presidency. The media outfit has since expanded to include KTN News, BTV, Farmers TV, Standard Newspaper, The Nairobian, Mt Kenya Star, Radio Maisha, Vybez Radio, and Spice FM. Mr Moi acquired Standard Group when the Lonhro Group, a team of British investors, was exiting Kenya. The Lonhro Group had acquired it from Alibhai Mulla Jevanjee. The firm has considerable assets that make it worth billions. Sian Roses was founded in 1995 and currently has three large farms in Kitengela, Njoro, and Eldoret, each under a separate subsidiary. Merica Hotel boasts 89 luxury rooms, four junior suites, and a luxurious executive suite.

Africa Diatomite Industries Limited: The firm was founded by Cole Estates Limited, a group of British settlers, in 1942. The settlers had found huge diatomite deposits in Kariandusi, near Gilgil. In 1965, the newly independent government of Kenya acquired all of ADIL’s assets through the Industrial Commercial and Development Co-operation (ICDC).

911 Group: The security firm was founded in 1995, and has since expanded to Uganda. Apart from guarding services, 911 Group also offers car tracking services, emergency response, fleet and asset management and other aspects of security services.

Kenyaweb.com: One of Kenya’s first web development companies, kenyaweb.com was founded in 1996 as Form-Net Africa Limited.

Kenya Bixa Limited: Just four months before Jomo Kenyatta’s death, then vice-president Daniel arap Moi incorporated Kenya Bixa Limited, a food processing firm, in Ukunda, Kwale County.

Mobile World Kenya Limited: The firm started as a mobile phones trader and Safaricom dealer, but has since expanded into an all-out electronics shop. The firm sells appliances and accessories in Nairobi, the Rift Valley region and what was previously Western province.

Regent Group: Yet another venture that Mr Moi set up in 1995, the group is composed of Regent Management Limited, Regent Valuers International (K) Limited and Regent Estates Limited.

Kiptagich Tea Estates Limited: This is one of the earliest properties that Mr Moi acquired while at State House, and of late has become one of the most controversial. The 2,333-acre land was part of the Mau Forest, and the Narok County Council allegedly allocated it to the President as a ploy to hold it in trust for the community and ward off grabbers.

Schools: Sacho High School, Moi High School Kabarak, Rift Valley Technical Institute and Kabarak University: Mr Moi placed a lot of sentimental value on the learning institutions, perhaps as a show of his love for education that also served as a reminder of his days as a teacher.

Siginon Group: Formed in 1985, Siginon Group has grown into one of East Africa’s biggest and most profitable logistics and air cargo transporters. The firm’s clientele lies in Kenya, Uganda, Tanzania, Rwanda, Burundi, Somali, Northern DR Congo and Southern Sudan.
Intercontinental Hotel: Mr Moi initially owned a 19.3 per cent stake in Intercontinental Hotel before upping its shareholding to 53 per cent in 2018. This essentially gave the Moi family a majority shareholding of the iconic hotel.
Lake Bogoria Spa Resort: The firm was put up in 1995, and owns a luxurious hotel in Bogoria. Aside from its luxury fittings and furnishing, the facility is famed for a natural spa with steam from the famous Bogoria hot Springs. Documents at the Registrar of Companies indicate that Philip co-owned the hotel with his father.
Land: Mr Moi acquired thousands of acres in Nairobi, Mombasa, Nakuru, Eldoret and Nandi, but family sources indicate that he already shared these with his children long before his death.

https://www.nation.co.ke/kenya/news/farms-schools-and-hotels-that-form-part-of-the-moi-empire-1910650

Is the old man still alive ? All is vanity

While true I wonder if this is an honest statement ama it’s a sour grapes statement

I thought that Rift Valley Technical Institute is a govt institution? When did it change hands?

SAA hii Moi anakuliwa na mchwa ndani ya kaburi. All is vanity

peasant excuse always

@sani kuja mwaga mtama

@Masood ndiye anajua io maneno.

@sani naona Rift Valley Leaders wanalia Sana. Wanademaje ati Gideon is mean. Kuttuny amesema atatoa manyoya yote ya Kuku ya Nyayo

The InterContinental Hotel is considering winding up its local operations declaring its staff redundant in 45 days’ time.
In a notice seen by the Star, the 389-bed hotel sighted operational reasons for the plan which would end in the loss of all employment positions.
“We hereby give you 45 days notice of the hotel’s intention to declare your position redundant," it read.
“Please note that we have set up communication channels to address any issues arising.”
The 51-year-old hotel has previously been the subject of a looming auction in early 2019 over unpaid debt.

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Moi initially owned a 19.3 percent stake in Intercontinental Hotel before upping its shareholding to 53 percent in 2018.
This essentially gave the Moi family a majority shareholding of the iconic hotel.

https://www.the-star.co.ke/business/2020-08-04-intercontinental-hotel-to-wind-up-kenyan-operations/?fbclid=IwAR071-mbhgIHdRxy3Wwqs4qtfeCIU1GzlU2-pW6Fo9NUG3wRAel0nUyRxos