Thursday, 29 November 2012

JAQUAR BUYS A FLEET OF MATATUS


Jaguar Buys A Fleet Of Matatus
Jaguar, one of the most entrepreneurial musicians in Kenya, has invested his money again, this time going into the matatu business. Last week, he released his own Nissan vans onto the streets of Nairobi.
He told our source, "I have moved into the transport sector. My sister is the one who will be taking care of the matatu business. This is a way of creating employment."
Remember that Jaguar also has a taxi business called Jagz cabs, and a garage for pimping out cars. Seems he has a thing for the transportion industry. Well, my family also once had a ka-small matatu business once, and from my experience, it's a tough one. The matatu sector is very informal, with drivers and conductors exchanging vans throughout the day. Also, policemen target them a lot for fines, and when they do fine matatu drivers, they don't issue a receipt or anything. This allows for a loophole where the driver of the matatu can just invent a story that he has been caught by cops so many times in a day that they could not make a profit. Very frustrating. Also the many accidents and maintenance issues just made the whole mat biz a big headache for my family.
BUT, hopefully Jaguar can find a way of overcoming all these hurdles. All the best to him. What do you think of his latest move? Leave your interesting or creative responses in the comment section below.Jaguar is one celeb who likes to keep his game "on top" not only his music but also his toys. Recently he unveiled his latest "baby", a silver Range Rover Sport and from the look, it's still fresh from the showroom considering it still got no plates. "My hood,my boys....my rover" captioned Jaguar on the photo.Pic of the Day: Jaguar Introduces His Latest Car

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