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How debt-fuelled expansion dimmed Trans-Century’s star

Micael Waweru.

“Kibaki orphans.” This is the tag that now defines the  “Club of 29” – a group of elite central Kenya businessmen who founded Trans-Century, arguably one of the country’s erstwhile most successful chamas (investment groups).

In a telling memoir and interview with this writer, Michael Waweru, a former Kenya Revenue Authority (KRA) commissioner-general and one of Trans-Century’s founding members, chronicles its early history.