John Mackonen Profile picture
Whealth. Sharing the good, the bad & the outright ugly
Mar 31, 2022 9 tweets 2 min read
THE BEST CITIES IN THE WORLD WILL COME FROM AFRICA Not all but at least some of the best cities of this century will come from Africa. That shows you just how fast this continent is evolving. Let's take a look at some of the largest companies that Africa boasts of currently. They will play a big role in shaping these cities...
Mar 31, 2022 8 tweets 2 min read
BEST BUSINESSES TO BUY IN KENYA👇

This country has several businesses that you can buy and make descent money out of them. Here is a list of the best investments... I would like to start by indicating those businesses you must not invest in. This ensures you know where to avoid and stay in the clear.
You basically want to avoid businesses in they dying/dead industries. Businesses which have registered declining revenues in the past fwe years
Mar 30, 2022 11 tweets 2 min read
Kenyan Banks can actually pay upto 80% of the money you need to buy a profitable business. Here's how I know that👇 The other day I spoke with a number of commercial bankers and a representative from Housing Finance. I could not imagine how easy it has become to own a business (asset) in Kenya right now. You might not believe it either, but it is the only truth outside there.
Mar 30, 2022 7 tweets 2 min read
ANOTHER WAR AFTER SALE

🖋️You remember the Gulf and Rubis energies fight in court sometime back?? Well, we have a fresh fight between Catalyst Principal Partners and former owner of Britannia Biscuits (formerly Jambo Biscuits). Catalyst accuses Britannia of inflating the... confectionery's buyout price by almost 10 times. Similar to Gulf/Rubis deal in which Rubis accused Gulf of inflating the value to the tune of billions.
🖋️Catalyst boss said, "This was orchestrated through the falsification of financial statements and other documents, which