Kenneth Stanley Njindo Matiba was once a towering figure in Kenya, a man who rose from humble beginnings to become a prominent businessman and influential politician. His story is one of ambition, success, and ultimately tragedy, as he went from wealth and power to poverty and obscurity.
Matiba’s journey to success started with his impressive education and early career achievements. He was among the few well-educated Kenyans at independence, a time when opportunities seemed limitless. With his intelligence, ambition, and no-nonsense management style, he quickly rose through the ranks, becoming a permanent secretary while still in his 20s.
His foray into the business world was equally successful, as he built a vast empire in the hotel industry and established top-tier schools that catered to the elite. Matiba’s entrepreneurial spirit and keen business sense made him a respected figure in Kenya’s business community and earned him a place as the executive chairman of East African Breweries Limited.
However, Matiba’s downfall began when he made the bold decision to resign from President Daniel arap Moi’s cabinet. This move followed rigged party elections, and Matiba’s decision to stand up against the injustice marked a turning point in his life. He transitioned from a powerful KANU-era cabinet minister to becoming an opposition figure, a move that would ultimately lead to his downfall.
As Matiba became more involved in politics and vocal about the need for democratic reforms, he found himself on a collision course with the ruling government. His outspoken nature and refusal to back down in the face of adversity made him a target, culminating in his arrest and detention for his political beliefs.
The years of political persecution took a toll on Matiba, both physically and financially. The once-wealthy businessman found himself facing bankruptcy, his health failing, and his legacy overshadowed by the challenges he endured.
Despite facing setbacks and criticism, Matiba continued to dream big and invest heavily in various sectors. By 1978, at the age of 48, he had become one of Kenya’s youngest millionaires, with a wide array of investments that included prestigious schools, hotels, and even a newspaper.
His ambitious plan to start his own airline in 1967, with the support of Attorney-General Charles Njonjo and the late John Michuki, was unfortunately thwarted by obstacles and accusations.
Despite being denied a loan by a local bank in his early days as a permanent secretary, Matiba’s determination and vision propelled him to amass a vast empire. Although he came close to becoming the president of Kenya, some feared that his leadership style might alienate certain communities. Matiba’s legacy as a key figure in shaping Kenya’s political landscape will be remembered for years to come.
Paul Muite, a lawyer and politician, holds Matiba in high regard, describing him as a strong-willed and charismatic leader who had a genuine connection with the ordinary people.
Muite believes that Matiba would have implemented economic and social programs to uplift the lives of the common citizens, bridging the gap between the wealthy and the impoverished.
Matiba, a trailblazer in many aspects, was the first indigenous Kenyan to enter the tourist hotel industry and one of the few African permanent secretaries during the pre-independence era. He made history as the executive chairman of East African Breweries Limited and as the first Kikuyu chairman of the Kenya Football Association.
Matiba’s foray into politics was guided by Carey Francis, the renowned headmaster of Alliance High School, who saw great potential in him.
Despite his significant achievements, Matiba faced financial challenges later in life, resulting in the loss of a substantial portion of his business empire. The family had to relinquish control of Carbacid Limited and sell shares worth millions to settle debts owed to Barclays Bank. Matiba’s legacy as a leader, businessman, and advocate for democracy continues to inspire generations in Kenya.
The fall from grace of the family began in 2005 when Hillcrest schools were put under receivership due to Sh620 million owed to Barclays Bank. This forced the family to sell the schools. In 2011, another blow came when The People was sold to a company linked to the Kenyatta family.
The patriarch of the family faced his own challenges earlier in his political career. After resigning in 1988 due to disagreements with the government, he joined the multi-party activists, but was later detained without trial after the Saba Saba demonstrations in 1990.
Despite his health issues, he continued to be active in politics, joining the Ford party and later leading Ford-Asili. His run for presidency in the 1992 elections showed his resilience and determination.
It was only later that the extent of his health problems became known, showing the incredible strength and dedication of the man in the face of adversity.
Today, Kenneth Matiba’s story serves as a cautionary tale about the price of speaking truth to power and the personal sacrifices that come with taking a stand for what is right. His rise and fall from wealth to poverty highlight the fragility of success and the fleeting nature of power.
As Kenneth Stanley Njindo Matiba lies in obscurity, a broken man fighting illness and financial struggles, his story serves as a reminder of the complexities of life and the importance of standing up for one’s principles, even in the face of adversity.
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