Rwathia village in Murang’a is apparently the richest village in Kenya and actually even East Africa’s. According to former Information and Communications Permanent Secretary Dr Bitange Ndemo, the small village controls almost 20 per cent of Kenya’s Gross Domestic Product (GDP) and almost 40 per cent of the stock market in Kenya.
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Wealthy businessmen such as Equity Bank Chairman Peter Munga, Equity Bank CEO James Mwangi, billionaire investment banker Jimnah Mbaru and insurance magnate Benson Wairegi all come from this village.
In his 2014 article titled The Mystery of Success, Dr Bitange Ndemo, who’s also a senior lecturer at the University of Nairobi’s Business School, noted that the most successful business people in Kenya or East Africa come from Rwathia.
“Their forebearers like Gerishon Kirima and Gerald Gikonyo, one of the co-founders of Rwathia Distributors, were successful in spite of the fact that they had limited education. Rwathia’s third generation is succeeding, not just here in Kenya, but in far-flung areas like the United States.” DR Ndemo
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“Equity’s Corporate Social Responsibility in Wings to Fly, which is sponsoring students to attend some of the best universities in the world, is enough to shower blessings on its founders. So whichever way you look at this, Dr Mwangi and his teams have left an indelible mark that will never be matched by any organisation in the foreseeable future.” He added.
Read more HERE.
from Lifestyle – Mpasho News http://ift.tt/28ZclC2
via Mpasho Lifestyle
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