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Ruto Trains Guns on Uhuru, Raila Business Empires in Fresh Onslaught

President William has trained guns on multi-billion-shilling business empires owned by former President Uhuru Kenyatta and Azimio leader Raila Odinga.

A report by the Daily Nation on Sunday 5 March revealed that the president has kicked off plans to break Uhuru, Raila's business dominance in the dairy sector and liquefied petroleum gas(LPG) cylinder businesses.

The president's new move includes the latest chain in policy shifts and pronouncements targeted on a ban on the importation of powdered milk that is linked to the Uhuru Brookside Dairy business.

President Ruto is also seeking to open the market for other players in the LPG industry and bring down the cost of gas cylinders which would negatively impact on the dominance of Raila's company; East Africa Spectre Limited.

The president last week signaled his target on Raila's business when he announced plans to reduce the cost of 6kg gas cylinder to about Ksh 500 by June this year through government investments and subsidies.

Raila's Spectre is reportedly the largest gas cylinder manufacturer in the Eastern and Central African region with an installed capacity of about two million units annually.

Data shows that Raila's firm controls 20 per cent of the country's LPG gas in the supply of gas cylinders and 80 per cent dominance in LPG cylinder revalidation.

Content created and supplied by: Jusa (via Opera News )

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