Kirubi: How the rich get richer

This thief used to give ‘classes’ on business after running down Kenya Taxi Company. Those girls who get knocked up by an old man (who dies shortly after) are the ones on onlyfans.

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KENATCO

1960s – Early 1970s: The Rise

Kenatco (Kenya National Transport Company) begins as a state-backed cooperative meant to professionalize long-haul trucking and later taxi services. It has political blessing, monopoly access in several corridors, and the sheen of a model African parastatal.

Into this energetic machinery walks a young Chris Kirubi—first as an administrative officer, then rising into management. Contemporary accounts describe him as charismatic, sharp-elbowed, and politically connected in the right directions. This is the era when Kenatco looks unstoppable: Mercedes fleets, cross-border contracts, prestige at airports, and a sense that Kenya could run a disciplined, modern transport corporation.

Mid–1970s: Cracks Form

The company begins to drift. Border instability affects haulage contracts. Internal controls weaken. Cargo losses creep up. Rumors circulate of trucks diverted, fuel unaccounted for, and procurement becoming a sieve.

This is also the period when critics later claim that Kirubi oversaw improper disposal of vehicles—Mercedes trucks and taxis sold off at suspiciously low valuations. He always denied this and insisted he left the books “healthy.” The truth is difficult to pin down because parastatal audits of that era were notoriously inconsistent.

Late 1970s – 1980s: The Debt Engine Ignites

Kenatco borrows heavily through ICDC (Industrial and Commercial Development Corporation). What starts as manageable financing grows under high interest rates and poor repayment discipline. By the early 1980s, the company is paying more to service loans than it earns from actual transport operations.

At this point, Kirubi has already left for private business, beginning to assemble the empire that would make him a household name. Yet parliamentary records decades later keep pointing back to his tenure as the pivot where “the rot began.”

1990s: The Collapse

The debts snowball. Operational reliability tanks. By 1996, Kenatco is placed under receivership. The taxi division limps on as a technically insolvent but still functioning brand—an odd zombie-company that survives because the airport and hotel circuits still need reliable cabs.

2000s–Present: The Blame War Continues

MPs periodically revive accusations that Kirubi “brought down Kenatco.” He repeatedly denies it, framing himself as the competent manager surrounded by a sinking parastatal culture. No formal accountability process ever settles the dispute.

Permanent Cognitive Dissonance.

Kenatco was doomed anyway. Would have been killed off by taxi apps. DJ CK just helped it on its way

Which taxi app is this that was there in the 1960s? FYI Mercedes-Benz (the one in Germany) supplied those fleet cars directly to the port of Mombasa. There was no UK based middleman like today. The company only did that in Germany, same as Toyota with the LC70 series, a partnership so lucrative that it’s in the laws of Kenya.

Back to Kenatco, it’s quite simple. Kirubi was buying volume cars at fleet prices and selling them at retail prices. Kenatco being a large company (like Safaricom now) could simply buy in bulk, use them for a couple of months, and then sell them on the open market with the proceeds (cash), going into his bank accounts. The money was later used to establish Centum via ICDC.

Correct me where I’m wrong, kageges on this common thief.

He just happened to be a tool for the political thieves who provided protection as he signed those documents and loosened controls. He got rich along the way and so did people like Henry Kosgey with Kenya National Assurance Company and 1987 African games and many others ….

Talk what you know and stop gossiping like an old hag. Kirubi was a proxy for influential politicians and would not be surprised the cut went all the way to Moi. It’s 5.40 am and you sorry ass had to talk ill of someone who is dead…if he fcked your sister or mother that doesn’t concern us . And if he didn’t steal from your father then let the man rest wherever he is . If you feel strongly about it you can institute private prosecution against his estate.

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The man, no matter his flaws, had spunk. He spent whatever loot he made setting up companies that actually contributed to the economy. No wonder the dailies used to refer to him as a billionaire industrialist.
Several times better than the latter-day thieves with their mindless focus on things like designer belts

Yes. Moi was in on it, but we never saw Moi preaching about how good he was at running businesses. The man was better at being a fabulously brutal dictator for 24 years which is why the Grosser Mercedes (Mercedes 600) in Kenya is referred to as ‘Moi’s mercedes’, and the brand itself is associated with government ministers and wealthy businessemen… until they meet a 2jz-gte)..

Where’s the gossiping here, kagege? I only deal with facts (money) and figures (women).. I don’t care about gossip.

Moi was Baba number 1, Mkristo number 1, Mdinyani number 1, mkulima number 1, baba wa taifa, etc . Leave Kirubi alone he is dead. Why don’t you tell us about Musavadi, Kulei, Sonko… let’s hear about other ethnic groups .

Who in particular? I just focus on the particularly amusing cases. What are you teaching people about business when all you’re good at is taking other people’s stuff, hiding it and then selling it at a profit?

Also, Kulei was my neighbour in the early 90s. He founded a real estate valuation firm, they are the ones who own REAL towers in Upperhill, which is opposite KNH doctor’s flats. Nothing suspicious at all about the former President’s bodyguard owning property there.

Go back to bed and when you wake look up Joshua Kulei…even nursery school kids knew Kulei was more corrupt that the devil . And where was Kulei your neighbor?

The KNH complex. I was in the medical side, he was in the AP side (near Strathmore).