Why close shop?

In the current issue of Financial Post, Mr Muya, the owner of Family Finance, gives a story of how he founded Family Finance from Kshs 1000.00.

We also know how Mr Mwangi started Equity Bank from Kshs 200,000.00.

Then, Hon Kimunya comes up with some legislation closing shop for those who would want to open a bank, by slapping a caveat, minimum of Kenya Shiling, 1 billion.

This made me start looking around for any Luhya, any Kamba, any Kisii, any Pokomo, any Maasai et al, who can afford to start a bank now. Who has that kind of money to invest in opening a bank? Then it dawns on me, that other Kenyans must stay where they are. And what has been achieved, however dubious must be protected by law.

Why must other Kenyans be stopped from owning a bank?

This is the kind of egocentric thinking that Kenyans must guard against. If your vote can be of help to arrest the situation, then, now is the time.

If these guys can do this with such wanton abandon, then how sure are you of what they will do if re elected? If re elected, they will be serving their last term by law, and the bad that they will do, they will do with all impunity, because, they will not need your vote again.

You must stop this gravy train now. And your vote can bridge Kenya from the current mess, to the Kenya we all want.

Odhiambo T Oketch
Komarock Nairobi