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In a bold statement, Dr. Hezekiah Kariuki, CEO of Kenya’s leading real estate company, has called for a significant shift in how ill-gotten wealth is managed in Kenya. Addressing the pervasive issue of corruption, Dr. Kariuki suggests that those who have amassed wealth through dishonest means should invest it in ways that benefit society, rather than simply consuming it.
Dr. Kariuki’s remarks come amid rising concerns about Kenya’s high unemployment rate and its impact on the youth. “All Kenyans are thieves,” he remarked, “but if you can steal, make sure you don’t eat alone. Instead, invest that money so it can grow and make a difference in someone else’s life.”
He emphasizes that stolen funds should be used to support meaningful investments in industrialization, processing plants, and job creation. By redirecting such wealth into productive ventures, Kenya could see a significant boost in employment opportunities, helping to mitigate the high levels of drug abuse, alcoholism, and despair among the youth due to a lack of jobs.
Dr. Kariuki also lauded the Gen Z for their proactive approach, urging them not to wait for traditional white-collar jobs. “You have education and innovative ideas,” he said. “Use them to create jobs and empower each other. The government should increase the Hustler Fund, support growing companies, and reduce the barriers to starting new businesses.”
He advocates for reducing bureaucratic red tape and simplifying paperwork for new businesses, suggesting that these barriers be waived to encourage entrepreneurship and reduce reliance on imports. This approach, he believes, will foster a more dynamic and self-sufficient economy.
Dr. Kariuki’s call to action highlights a growing sentiment among Kenyan leaders that transformative investment and reduced corruption are essential for the nation’s economic advancement and social well-being. By focusing on job creation and industrial growth, Kenya can work towards a future where the youth are engaged and the economy is robust.
