Peter Munga Equity "shareman" Vs Late Njenga Karume shidren

[Sabretooth]

@WuTang

Qatar and many Arab countries are facing a lot of problems due to first cousin marriages.

What kind of problems?

[WuTang]

@Sabretooth

What kind of problems?

Physical and mental disabilities

[mundu_mulosi]

@Ka-Buda

This is exactly the wrong way of doing things.
I have worked with Jungus who own their own businesses and whatever the nature of the business,you will see their kids (sons especially) coming to work with them on weekends and during school holidays. The son may be 7 years old and the father probably runs a transport business but the boy from that tender age will grow up not just seeing the father as a rich guy but they learn the discipline and responsibility that comes with owning and being rich.
We Africans grow without even knowing what dad does for a living while going to private schools etc. Instead of introducing our kids to the Realities of what it takes to be rich and wealthy,we invest in making sure that they never have to learn that it takes sheer hard work and determination to be rich and wealthy by pampering them with all that money can buy.When you die they are left lost in an aggressive world that is unforgiving and where Nothing is for Free.

True, these tycoons will send their kids abroad and make them leave a celebrity lifestyle but the kids have no idea how the parents run things.

[system]

@Sabretooth

What kind of problems?

Kids got high risk of developing genetic disorders

[4makind]

Very accurate observation.

[kijanamrefu]

@msalame grace

while the children of The late Njenga Karume (mola amrehemu) are busy battling court cases to get their “entitlement” in their crumbling empire which is under trustees…Mr Peter Munga seems to have taken a different direction for his children…according to this article

http://www.businessdailyafrica.com/Corporate-News/Munga-follows-the-money-in-industrial-ventures/-/539550/2725060/-/hp5r06z/-/index.html

His children have taken key positions and are successfully running core subsidiaries of his empire…I guess if. The Matibas , kirima’s,karume’s children had taken the same path things would be different…

Munga is quite evasive of his wealth…not like the loud mouth kirubi…anyway time will tell

Not one to bring in negativity, however the Tuskys mzee had done the same thing but look at what happened after apumzike.

[kijanamrefu]

@Ka-Buda

This is exactly the wrong way of doing things.
I have worked with Jungus who own their own businesses and whatever the nature of the business,you will see their kids (sons especially) coming to work with them on weekends and during school holidays. The son may be 7 years old and the father probably runs a transport business but the boy from that tender age will grow up not just seeing the father as a rich guy but they learn the discipline and responsibility that comes with owning and being rich.
We Africans grow without even knowing what dad does for a living while going to private schools etc. Instead of introducing our kids to the Realities of what it takes to be rich and wealthy,we invest in making sure that they never have to learn that it takes sheer hard work and determination to be rich and wealthy by pampering them with all that money can buy.When you die they are left lost in an aggressive world that is unforgiving and where Nothing is for Free.

You forgot to add that they then blame the kid for being a mayai coz ‘I gave him everything and he still can’t see!!’

[montecarlo]

@aviator

Is it anything to do with level of education? Manajua Njenga hamakua mamesoma.

Highly likely because if one looks at Philip Ndegwa’s, Duncan Ndegwa’s, Kibaki’s, Jimmy Wanjigi’s famos etc there’s a stark difference…also I tend to believe the way the wealth was acquired tends to in the long run have a negative or positive effect to the beneficiaries

[montecarlo]

@Ka-Buda

This is exactly the wrong way of doing things.
I have worked with Jungus who own their own businesses and whatever the nature of the business,you will see their kids (sons especially) coming to work with them on weekends and during school holidays. The son may be 7 years old and the father probably runs a transport business but the boy from that tender age will grow up not just seeing the father as a rich guy but they learn the discipline and responsibility that comes with owning and being rich.
We Africans grow without even knowing what dad does for a living while going to private schools etc. Instead of introducing our kids to the Realities of what it takes to be rich and wealthy,we invest in making sure that they never have to learn that it takes sheer hard work and determination to be rich and wealthy by pampering them with all that money can buy.When you die they are left lost in an aggressive world that is unforgiving and where Nothing is for Free.

Same with Indians. To further support your argument a study was done by world Bank back in the 90s and they said Kenya has no true capitalists but rather thieves who have stolen from the public coffers and started businesses. Now it would be difficult due to the indignity and embarrassment involved for a father to teach his child to steal, buy and sell cocaine- heroin, kill people to acquire their businesses…hence the outcome we see in the karume’s…etc.

[Ka-Buda]

@montecarlo

Same with Indians. To further support your argument a study was done by world Bank back in the 90s and they said Kenya has no true capitalists but rather thieves who have stolen from the public coffers and started businesses. Now it would be difficult due to the indignity and embarrassment involved for a father to teach his child to steal, buy and sell cocaine- heroin, kill people to acquire their businesses…hence the outcome we see in the karume’s…etc.

You can say that for alot of rich Kenyans but i have read and researched Karume; As far as i know he is a self made DON and politics just came as a matter of consequence which is typical for any wealthy person who has to acquire influence to maintain their wealth in Kenya.The only mistake he made is in not training his kids in the education of wealth acquisition. I have seen jungu kids accompany their dads into offices where their dads were negotiating and signing serious money contracts and not once did i see the kids being kicked out ati hii ni mkutano ya watu wazima. Their dads hold no secrets against their sons from a very early age and so what Dad knows,the Son knows and the continuity in Family Business remains forever not just as a matter of wealth creation but also as a matter of the Family`s name and pride.

[patohazard]

And just a by the way, on average who are the richest Kikuyus in Kenya, wa Nyeri, Muranga, Kirinyaga, kiambu,Nyandarua or Rift valley/Diaspora? Im my opinion I would say the order from the richest is Kiambu, Muranga, Nyeri,Kirinyaga, Nyandarua n R.Valley…what say you?

[WuTang]

@patohazard

And just a by the way, on average who are the richest Kikuyus in Kenya, wa Nyeri, Muranga, Kirinyaga, kiambu,Nyandarua or Rift valley/Diaspora? Im my opinion I would say the order from the richest is Kiambu, Muranga, Nyeri,Kirinyaga, Nyandarua n R.Valley…what say you?

Does it even matter?

[patohazard]

@WuTang

Does it even matter?

It doesnt matter, its just for fun

[mlosi]

i have read his story and i think this guy has smart advisors, you cant know where to invest without someone opening your eyes, doing a market survey etc etc