How The Kenyan President Is Auctioning Kenya’s Future While His Children Buy The Country

William Ruto sold himself as the hustler-in-chief, the man who understood the struggles of the youth because he claimed to have risen from selling chickens. But in practice, his leadership looks more like a live auction where the future of Kenyan youth is sold to the highest bidder—and surprise, the winning bidders often share his surname.
Under Ruto’s so-called empowerment programs, the Hustler Fund was marketed as the silver bullet for joblessness. Instead, it has become a debt trap—half the borrowers have defaulted, sinking Sh11 billion into a black hole. Meanwhile, only 20% of the one million youth entering the job market annually find formal employment. If this is empowerment, then malaria must be considered a spa treatment.
The bodaboda sector tells the story better than any economist could. Imagine one million riders barely making ends meet, and then, with presidential brilliance, another million are added. It’s simple supply and demand—more bikes, same customers, less income. The daily earnings of a rider drop from KES 800 to KES 400, but hey, the photo ops at handover ceremonies are great for politics.
While the youth grind in overcrowded, low-income hustles, the Ruto family is on an acquisition spree that makes Safaricom’s market dominance look modest. From the Weston Hotel, with its 37 government tenders worth Sh57.9 million, to Amaco Insurance with lucrative contracts, to the Dolphin Hotel in Mombasa, the First Family has secured multiple streams of taxpayer-fed income. The hospitality sector isn’t just booming—it’s booming for them.
Read Also: The Gospel According To Ruto: Turning Water Into Billion-Shilling Churches
Charlene Ruto, the self-declared “First Daughter,” pops up at every economic forum, honey festival, and climate conference, branding herself as a visionary entrepreneur. Meanwhile, her family’s ventures in logistics, luxury hotels, and even the importation of planes quietly expand behind the scenes. This isn’t just a conflict of interest—it’s a conflict of the future.
Ruto’s privatization drive, including the Kenya Pipeline Company IPO and asset securitization, is dressed up as “mobilizing private capital.” But in Kenya, “private” often translates to “politically connected.” Billions in subsidized loans are promised for “high-risk” sectors—risk being defined as any industry not already owned by Ruto or his ally.
The irony is grotesque: the president pushes austerity for the public while ring-fencing wealth for his inner circle. Taxes climb, youth unemployment soars, and the cost of living becomes a daily nightmare. Yet, Ruto’s speeches still drip with hustler gospel, promising milk and honey—though the honey business is now firmly under family management.
This is more than bad governance—it’s a hostile takeover of the economy disguised as leadership. The youth are given just enough to keep them busy and indebted, while strategic sectors—logistics, hospitality, agriculture, aviation—are absorbed into the family empire. It’s feudalism in hustler’s clothing.
The danger is that by the time Kenyans wake up from this political hypnosis, key economic arteries will already be in private—family hands. And unlike the chicken business, you can’t simply start your own Kenya Pipeline Company in your backyard. By then, the country won’t just be broke—it will be leased out to the Rutos for a 99-year term, renewable at will.
If leadership is about leaving the country better than you found it, then Ruto’s legacy will be a nation where the youth inherit debt, despair, and a lifetime subscription to bodaboda hustles, while his children inherit the ports, the hotels, the skies, and the land beneath our feet. In other words, the perfect family business.
Read Also: An Open Letter To President William Ruto From The Kenyan Youth
About Steve Biko Wafula
Steve Biko is the CEO OF Soko Directory and the founder of Hidalgo Group of Companies. Steve is currently developing his career in law, finance, entrepreneurship and digital consultancy; and has been implementing consultancy assignments for client organizations comprising of trainings besides capacity building in entrepreneurial matters.He can be reached on: +254 20 510 1124 or Email: info@sokodirectory.com
- January 2025 (119)
- February 2025 (191)
- March 2025 (212)
- April 2025 (193)
- May 2025 (161)
- June 2025 (157)
- July 2025 (227)
- August 2025 (57)
- January 2024 (238)
- February 2024 (227)
- March 2024 (190)
- April 2024 (133)
- May 2024 (157)
- June 2024 (145)
- July 2024 (136)
- August 2024 (154)
- September 2024 (212)
- October 2024 (255)
- November 2024 (196)
- December 2024 (143)
- January 2023 (182)
- February 2023 (203)
- March 2023 (322)
- April 2023 (297)
- May 2023 (267)
- June 2023 (214)
- July 2023 (212)
- August 2023 (257)
- September 2023 (237)
- October 2023 (264)
- November 2023 (286)
- December 2023 (177)
- January 2022 (293)
- February 2022 (329)
- March 2022 (358)
- April 2022 (292)
- May 2022 (271)
- June 2022 (232)
- July 2022 (278)
- August 2022 (253)
- September 2022 (246)
- October 2022 (196)
- November 2022 (232)
- December 2022 (167)
- January 2021 (182)
- February 2021 (227)
- March 2021 (325)
- April 2021 (259)
- May 2021 (285)
- June 2021 (272)
- July 2021 (277)
- August 2021 (232)
- September 2021 (271)
- October 2021 (304)
- November 2021 (364)
- December 2021 (249)
- January 2020 (272)
- February 2020 (310)
- March 2020 (390)
- April 2020 (321)
- May 2020 (335)
- June 2020 (327)
- July 2020 (333)
- August 2020 (276)
- September 2020 (214)
- October 2020 (233)
- November 2020 (242)
- December 2020 (187)
- January 2019 (251)
- February 2019 (215)
- March 2019 (283)
- April 2019 (254)
- May 2019 (269)
- June 2019 (249)
- July 2019 (335)
- August 2019 (293)
- September 2019 (306)
- October 2019 (313)
- November 2019 (362)
- December 2019 (318)
- January 2018 (291)
- February 2018 (213)
- March 2018 (275)
- April 2018 (223)
- May 2018 (235)
- June 2018 (176)
- July 2018 (256)
- August 2018 (247)
- September 2018 (255)
- October 2018 (282)
- November 2018 (282)
- December 2018 (184)
- January 2017 (183)
- February 2017 (194)
- March 2017 (207)
- April 2017 (104)
- May 2017 (169)
- June 2017 (205)
- July 2017 (189)
- August 2017 (195)
- September 2017 (186)
- October 2017 (235)
- November 2017 (253)
- December 2017 (266)
- January 2016 (164)
- February 2016 (165)
- March 2016 (189)
- April 2016 (143)
- May 2016 (245)
- June 2016 (182)
- July 2016 (271)
- August 2016 (247)
- September 2016 (233)
- October 2016 (191)
- November 2016 (243)
- December 2016 (153)
- January 2015 (1)
- February 2015 (4)
- March 2015 (164)
- April 2015 (107)
- May 2015 (116)
- June 2015 (119)
- July 2015 (145)
- August 2015 (157)
- September 2015 (186)
- October 2015 (169)
- November 2015 (173)
- December 2015 (205)
- March 2014 (2)
- March 2013 (10)
- June 2013 (1)
- March 2012 (7)
- April 2012 (15)
- May 2012 (1)
- July 2012 (1)
- August 2012 (4)
- October 2012 (2)
- November 2012 (2)
- December 2012 (1)