Search

Corporate

Blaming Devki’s Guru for ‘State Capture’ Misses the Mark and Hurts Investment

3 min Read Time

The recent lead story in The Standard titled ‘Man of Steel: Devki Boss’ Iron Hold on Ruto’s Government” left readers with more questions than answers. Rather than scrutinizing government malfeasance, it instead appears to cast aspersions on investor Narendra Raval, better known as Guru, blaming him for alleged state capture. This misdirected narrative not only deflects from real institutional failings but also jeopardizes the climate for investment. The article relies heavily on politically charged hearsays - comments from former Deputy President Rigathi Gachagua and the recently dismissed Cabinet Secretary Justin Muturi - without sufficient corroboration. Under the Kenya Evidence Act, hearsay.......

This Article is Locked!

Experience exclusive content for free! We’re unlocking all features for new members, but this access won’t last forever. Don’t miss your chance—secure your spot now!



Related Articles

Read article
Kenyan Schools Penalized for Exposing Students’ Data in Landmark Privacy Crackdown
Corporate

Kenyan Schools Penalized for Exposing Students’ Data in Landmark Privacy Crackdown

The Office of the Data Protection Commissioner (ODPC) has struck a blow for student privacy, sanctioning two schools—Nova Pioneer Kenya and Friends School Keveye Girls...

Read article
Equity Bank Clears Path to Middle East: Shareholders Approve UAE Expansion Plan
Corporate

Equity Bank Clears Path to Middle East: Shareholders Approve UAE Expansion Plan

Equity Group Holdings has secured shareholder approval to set up a representative office in the United Arab Emirates (UAE), marking a bold step toward the...

Read article
SBM Bank Kenya Swings Back to Profit with KSh 202 Million Half-Year Earnings
Corporate

SBM Bank Kenya Swings Back to Profit with KSh 202 Million Half-Year Earnings

SBM Bank Kenya has announced a remarkable return to profitability, posting a net profit of KSh 202 million for the half-year ended June 2025, a...

Read article
Kenya positions itself as Africa’s next artificial intelligence powerhouse, with a landmark $2.4 billion AI hub project
Corporate

Kenya positions itself as Africa’s next artificial intelligence powerhouse, with a landmark $2.4 billion AI hub project

Kenya is positioning itself as Africa’s next artificial intelligence powerhouse, with a landmark $2.4 billion AI hub project expected to inject transformative energy into the...

Read article
Tribunal Slams Brakes on Jamia Mosque’s Sh3.9B Land Claim, Cites Illegal Acquisition by Nairobi County
Corporate

Tribunal Slams Brakes on Jamia Mosque’s Sh3.9B Land Claim, Cites Illegal Acquisition by Nairobi County

In a ruling that sends a clear warning to rogue land dealings cloaked in officialdom, the Environment and Land Tribunal has rejected a Sh3.9 billion...

Read article
SBM Bank Kenya Swings to Profit After a Year in the Red
Corporate

SBM Bank Kenya Swings to Profit After a Year in the Red

SBM Bank Kenya has reported its first quarterly profit in a year, reversing a string of losses that saw the lender close 2024 with a net...