back to top
HomeEast AfricaDeputy President's Wealth Unearthed: Owns Shares In Safaricom, Kenya Airways, Five Helicopters...

Deputy President’s Wealth Unearthed: Owns Shares In Safaricom, Kenya Airways, Five Helicopters & Multimillion Poultry Farm

Published on

- Advertisement -spot_img

Our spy in Kenya has unearthed some of the sources of wealth for the country’s Deputy President William Ruto that have seen him growing from grass to grace.

Ruto makes Shs1.5 million a day from his Koitalel poultry farm that shelters over 200,000 chickens.

Further, Ruto owns 8,000 shares of Kenya Airways and also 400,000 shares of telecom giant Safaricom and as of last week’s Thursday’s market value of Safaricom shares at the Nairobi Stock Exchange, his shares are valued at Sh17.4 million.

According to the presentation by Interior Cabinet Secretary Fred Matiang’i to the committee showed that Ruto has over 18,500 acres of real estate property, two high-end hotels, five helicopters in two hangers at Nairobi’s Wilson Airport and a chicken farm.

Ruto is walking a political tightrope to succeed President Uhuru Kenyatta next year after an acrimonious split.

Uhuru is working with Opposition leaders to cobble together an alliance to vanquish his deputy, but Ruto says he is being fought because of his poor background.

The DP’s main rivals, among them Raila, have torn into his character, branding him a dangerous politician pursuing selfish political interests at all costs and asking Kenyans to reject his combative style of politics.

These come few days after the public fallout between President Uhuru Kenyatta and his deputy William Ruto went a notch higher that saw Uhuru downgrading the DP’s security by withdrawing elite General Service Unit (GSU) officers guarding his residences.

The move raised an uproar from DP Ruto’s political allies, who claimed the State was denying him his legal entitlement.

As a category one VVIP, the Deputy President is entitled to security from the same elite guards as his boss. Both of them are supposed to be guarded by the G Company and the Recce Company, which are elite platoons from the GSU whose members are carefully selected to form the Presidential Security Unit.

The job of this unified unit, whose members receive the best training both in the country and abroad, is to provide security specifically to the President, the first family, the Deputy President, retired presidents, visiting heads of State and any other roles that are directed by the Inspector General.

Related

Water For Production In Madi-Okollo Support Irrigation Projects In The Communities

Madi-Okollo is making strides toward sustainable agriculture with the Aliboro Solar-Powered Irrigation System, now...

Centenary Group Set To Open Modern Commercial Complex In Mbale

Centenary Group is set to unveil its newest regional landmark Centenary Group HouseMbale on...

Arua Leaders Applaud Museveni For Peace, Development Ahead Of Rally

Leaders in Arua and across West Nile have expressed gratitude to President Yoweri...

Ready! Nebbi Gears Up For Museveni Campaign Rally Set For Saturday

The Nebbi District Campaign Task Force for the National Resistance Movement (NRM) has...

More from The Capital Times

Business Boom In Namugongo Ahead Of Martyrs Day

Business has picked up this morning at Namugongo Martyrs shrine according to traders. The...

Here is why the Faras Uganda is the Ultimate Convenience Mobility App for Every Ugandan

Kampala, Uganda – In a fast-paced world where time is increasingly precious, Ugandans are...

Museveni Inaugurates De Heus State Of The Art Fish Feed Factory In Njeru, Buikwe

Njeru, Jinja: De Heus Animal Nutrition, a global leader in animal feed solutions, has...