Financially Incorrect

Christopher Khaemba’s journey is shaped by decisions that tested his ambition, integrity and approach to money.He once hoped to attend Alliance High School but was rejected. Years later, he returned as its principal, leading the school for 10 years. Before that, he had taken charge of Friends School Kamusinga, where teachers had gone six months without pay and parents were struggling with school fees. He had to make difficult decisions about keeping students in school while navigating the institution’s financial challenges.His relationship with money was equally unconventional. At 22, he returned six months of salary he had received while away on military training. He later invested in the Nairobi Securities Exchange, walked away from a pension to pursue an opportunity in South Africa, and experienced the financial cost of an unsuccessful political campaign.In this conversation, Christopher reflects on his time in the Kenya Air Force, the 1982 attempted coup, his leadership at Alliance and Friends School Kamusinga, his role in establishing African Leadership Academy and co-founding Nova Pioneer.---------------------------------------------------------------------------------------------------------------------------------------Financially Incorrect Live Early Bird Tickets Still Available Get Yours Here: ⁠https://financiallyincorrect.mookh.live/Access all our links in one place:https:/lnk.bio/Financially_Inc💹 Ready to start trading?🧑‍🏫 Learn how to trade: ⁠https://lnk.bio/fxpesa⁠📲 Open a demo trading account: ⁠https://bit.ly/DemoAccountYT⁠ 📈 Start live trading: ⁠https://bit.ly/LiveAccountYT⁠---------------------------------------------------------------------------------------------------------------------------------------Episode Chapters00:00 Introduction00:06:43 Becoming Principal of Alliance High School00:08:51 The School That Rejected Him00:19:14 Starting to Invest in the Stock Market00:22:34 Why He Returned Six Months of Salary00:51:45 Friends School Kamusinga's Six Month Salary Crisis00:52:48 Keeping Students in School When Parents Couldn't Pay01:16:32 Reflecting on His Ten Years at Alliance01:18:25 Walking Away From His Pension01:25:19 The Political Campaign That Left Him Broke01:27:55 Rebuilding After Politics

Before Tubayo had a working app, Brian Namanya was selling travel experiences through WhatsApp and DMs. He eventually built a travel and commerce business in Uganda, including a marketplace that generated up to $20,000 in monthly revenue at its peak. So why did he walk away? In this episode of Financially Incorrect Uganda Edition , Brian Namanya, founder and CEO of Tubayo, shares the realities of building a technology company in Uganda, from his early days onboarding riders for Taxify to creating a travel marketplace and growing Tubayo Market Days into a business serving hundreds of vendors.He explains how he turned social media into a customer acquisition channel, built a travel business before the technology was ready, and used community to create a new revenue stream. But as Market Days grew, Brian faced a difficult decision: continue scaling a successful events business or redirect his resources towards the technology company he had always wanted to build.Brian also opens up about the financial consequences of an uninsured car accident, the pressure of sustaining a growing team, his experience in New York and Silicon Valley, and why he believes African technology companies need significantly more capital and infrastructure to compete globally.---------------------------------------------------------------------------------------------------------------------------------------Financially Incorrect Live Early Bird Tickets Still Available Get Yours Here: ⁠https://financiallyincorrect.mookh.live/Access all our links in one place:https://lnk.bio/Financially_Inc💹 Ready to start trading?🧑‍🏫 Learn how to trade: ⁠https://lnk.bio/fxpesa📲 Open a demo trading account: ⁠https://bit.ly/DemoAccountYT⁠ 📈 Start live trading: ⁠https://bit.ly/LiveAccountYT⁠---------------------------------------------------------------------------------------------------------------------------------------Episode Chapters00:00 Introduction and Financially Incorrect04:41 Growing Up in Entebbe and Discovering Entrepreneurship20:33 His First Business and the Economics of Branding24:02 How Social Media Got Him a Deal With Taxify34:18 Starting Tubayo: Selling Travel Through WhatsApp and DMs42:08 Building a Travel Business and Learning to Price47:40 How Tubayo Market Days Became a $20K/Month Business01:02:09 New York, Silicon Valley and the AI Ambition01:12:32 The Car Accident That Drained Company Resources01:15:57 Closing Market Days and Rebuilding Tubayo01:18:56 Why African Tech Needs More Capital01:28:09 Brian's Advice on Building Businesses

In December 1982, Bharat Thakrar started Scanad with KES 11,000 after selling his Honda for KES 14,000. What began as a one man advertising agency grew into a listed Pan African business valued at KES 9 billion at its height. Along the way, he built multiple agencies to navigate client exclusivity, took over McCann's Kenyan business in 24 hours, secured an approximately US$18 million annual Airtel mandate across 18 countries and brought employees into the ownership of the business. This is the story of how Scanad was built, the commercial decisions behind its growth and the discipline required to scale a business across markets.

But building a successful company and retaining control of its future are two different challenges. Bharat reflects on bringing global partners into Scanad, taking the business public, the governance and ownership lessons he learned, and the events that led to him losing his leadership position. He also shares what he would negotiate differently today. In this episode of Financially Incorrect Business Edition, we unpack the money, people, partnerships and decisions behind one of Kenya's most consequential advertising businesses.

---------------------------------------------------------------------------------------------------------------------------------------Financially Incorrect Live Early Bird Tickets Still Available Get Yours Here: https://mookh.com/financiallyincorrec... Access all our links in one place: https://lnk.bio/Financially_Inc💹 Ready to start trading?🧑‍🏫 Learn how to trade: https://lnk.bio/fxpesa📲 Open a demo trading account: https://bit.ly/DemoAccountYT 📈 Start live trading: https://bit.ly/LiveAccountYT---------------------------------------------------------------------------------------------------------------------------------------Episode Chapters00:00:00 Intro + FI Live, 28 November

00:12:02 The Live TV Show That Hooked Him on Advertising

00:25:02 Hand-Counting 1,200 Surveys Got Him His First Real Job

00:44:54 Selling His Car to Start Scanad With KES 11,000

00:52:57 A £1,400 Trip to London That Beat 9 Agencies for KCB

00:57:19 "Money in the Bank Isn't Yours": His #1 Money Rule

01:01:47 Convincing Tanzania's Radio to Start Selling Ads

01:07:01 How Scanad Got Around "One Client Per Category"

01:10:19 Taking Over McCann Kenya in 24 Hours

01:17:56 20% of His Agency to Hire One Writer

01:28:16 Listing on the NSE and Giving 28 Staff Shares

01:43:39 How WPP Came In and One Email Won Airtel in 18 Countries

01:53:03 Only A-Levels, So He Hired 3 MBAs

02:02:05 His Side of the WPP Exit and the KES 1.2B Question

02:16:58 Masterclass: How Agencies Really Make Money

What does it take to rebuild financially, professionally and personally after a business you have invested everything in collapses?Kevin Mutiso's relationship with money and business started quite early. While still in Form Two, he was buying shares in Kenya Airways. By 19, he was managing investment portfolios for some of Kenya's top CEOs. He went on to build Alternative Circle, a fintech venture that secured US$1 million in investment, only to face technology challenges, fraud, mounting costs and the disruption of COVID-19.The consequences extended far beyond the business. Kevin had to sell his home, cars and personal belongings, confront significant debt and rebuild his life with the support of his family and wife. In this conversation, he opens up about the decisions, assumptions and business practices that contributed to the collapse, including the lessons he has carried into his next venture.Today, he is building Oye, a financial services platform designed around the needs of boda boda riders. What began with personal accident cover has expanded into fuel credit and merchant services, with a bigger ambition to help riders build financial resilience and eventually participate in the ownership of the business. ---------------------------------------------------------------------------------------------------------------------------------------Financially Incorrect Live Early Bird Tickets Still Available Get Yours Here: ⁠https://financiallyincorrect.mookh.live/Access all our links in one place:https:/lnk.bio/Financially_Inc💹 Ready to start trading?🧑‍🏫 Learn how to trade: ⁠https://lnk.bio/fxpesa⁠📲 Open a demo trading account: ⁠https://bit.ly/DemoAccountYT⁠ 📈 Start live trading: ⁠https://bit.ly/LiveAccountYT⁠---------------------------------------------------------------------------------------------------------------------------------------Episode Chapters00:00 – Introduction & Community Update00:00:26 – Expanding Audience Across Africa and Beyond00:00:44 – Upcoming Financially Incorrect Live Event Details00:01:39 – Early Life: Family Support and Dad’s Offer00:02:09 – Kevin Mutiso’s Background & Role in African Fintech00:02:32 – Early Entrepreneurship: Selling Secondhand Phones00:02:50 – Journey in Microfinance and Lending Insights00:03:15 – Challenges Building Alternative Circle00:04:01 – Supporting Family through Difficult Times00:04:52 – Kevin’s Podcast: Let the Cake Bake00:06:33 – Kevin’s Fintech Vision and Industry Impact00:08:21 – Creation and Evolution of Oye for Boda Riders00:54:42 – Securing Initial Investment for Alternative Circle01:02:39 – $1 Million Funding Deal and Its Significance01:57:58 – Scaling Oye: Business Growth and Future Plans

Jemima Kakizi was already earning from her art before she graduated from university. But when the momentum slowed after graduation, she had to rethink what building a career in the creative industry actually required. In 2017, she took an entry level internship despite feeling that she should have been further along. The experience exposed her to grant applications, open calls, partnerships and professional communication. Skills that extended beyond creating art would become relevant as she developed her work as an artist, curator and founder of Impundu Art Center, a creative space in Kigali that has required an estimated RWF 10 million to RWF 15 million investment.In this episode of Financially Incorrect Rwanda Edition, Jemima reflects on the financial realities of a creative career, from paying her university fees through commissioned artwork to navigating inconsistent income, experimenting with hand painted T shirts during COVID, and learning to charge for curation. She also explains why generating opportunities does not always translate into profit, how negotiation changed the way she approached creative work, and how her income is distributed across artistic work, curation and speaking. What does it take to move from being good at your craft to building a sustainable business around it?---------------------------------------------------------------------------------------------------------------------------------------Get Financially Incorrect Live Early Bird Tickets Here: https://mookh.com/financiallyincorrectlive/Access all our links in one place: https://lnk.bio/Financially_Inc💹 Ready to start trading?🧑‍🏫 Learn how to trade: https://lnk.bio/fxpesa📲 Open a demo trading account: https://bit.ly/DemoAccountYT 📈 Start live trading: https://bit.ly/LiveAccountYT---------------------------------------------------------------------------------------------------------------------------------------Episode Chapters00:00 Jemima Kakizi and the Business of Art29:52 The Financial Reality After Graduation36:15 Why She Took an Entry Level Internship39:47 The Skills She Learnt Beyond Art42:37 Art, Curation and Advocacy48:26 Why She Started Curating for Free51:52 The Hidden Costs of Curating58:25 Creating Value Does Not Guarantee Profit01:05:44 Learning to Negotiate Her Value

A hit song can make you famous. But does it make you wealthy?For Kenyan music legend Nameless, the answer depends on what happens after the song takes off. A major hit can transform an artist’s earning power, open up new markets and bring opportunities that once seemed out of reach. But a good song does not guarantee commercial success, and even a successful career can leave an artist vulnerable when demand slows down.In this episode of Financially Incorrect, Nameless breaks down the economics behind a career in music. He explains the difference between a good song, a hit and a mega hit, and why songs such as Ninanoki and Sinzia had a lasting impact on his career. He also reflects on the unpredictability of music income, the cost of producing music, and why the attention around a song can disappear much faster than it once did.Beyond the music, this is a conversation about building financial security in an industry where income is rarely guaranteed. Nameless shares the thinking behind his approach to investments, how he and Wahu prepare for quieter seasons, and what a period of declining demand taught him about the value of his work. He also opens up about the economics of putting on a concert, the possibility of selling his music catalogue, and why he believes he might have made more money as an architect.------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------Financially Incorrect Live Early Bird Tickets Still Available Get Yours Here: ⁠https://financiallyincorrect.mookh.live/Access all our links in one place:https:/lnk.bio/Financially_Inc💹 Ready to start trading?🧑‍🏫 Learn how to trade: ⁠https://lnk.bio/fxpesa⁠📲 Open a demo trading account: ⁠https://bit.ly/DemoAccountYT⁠ 📈 Start live trading: ⁠https://bit.ly/LiveAccountYT⁠------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------Episode Chapters00:00 Introduction: Nameless and the business of music02:30 Growing up learning to live within your means07:00 From a KSh 4,700 salary to music12:00 The first car and early money decisions17:00 How Ninanoki changed his career23:00 The difference between a hit and a mega hit29:00 How Sinzia opened up new markets35:00 Why a hit song does not guarantee wealth41:00 Making money beyond music47:00 Building investments for the quiet seasons53:00 The real economics of putting on a concert59:00 Why ticket prices can make or break an event01:05:00 When the music industry stopped calling01:10:00 The health scare that changed his priorities01:15:00 How brand partnerships became another income stream01:20:00 Could architecture have made him more money?01:25:00 The problem with music royalties in Kenya01:30:00 Would he sell his music catalogue for KSh 300 million?01:35:00 How AI could change the value of music01:40:00 Why live performance may matter more01:44:00 Reinvention, legacy and the next chapter

Doreen Natukunda Opio spent nearly eight years trying to rebuild her livelihood after losing her first business. From selling T-shirts and household items to experimenting with handcrafted art, she struggled to find her footing until COVID-19 opened an unexpected opportunity. Using leftover wood offcuts and the power of social media, Dorin built Art Kadowaz into a creative studio serving clients across East Africa. But growth came with expensive machinery, rising production costs and a major equipment failure that nearly brought the business to a standstill.In this Financially Incorrect Uganda Edition, Dorin shares the realities of turning creativity into a profitable business, investing UGX 53 million in machinery and running a company that supports her family, even though she and her husband don't draw formal salaries.------------------------------------------------------------------------------------------------------------------------------------------------------Access all our links in one place: https://lnk.bio/Financially_Inc💹 Ready to start trading?🧑‍🏫 Learn how to trade: https://lnk.bio/fxpesa📲 Open a demo trading account: https://bit.ly/DemoAccountYT 📈 Start live trading: https://bit.ly/LiveAccountYT------------------------------------------------------------------------------------------------------------------------------------------------------Episode Chapters00:00 Introduction 02:45 Meet Doreen Natukunda05:55 Growing Up in a Family Business09:57 Starting Her First Business18:22 Losing Her Business & Starting Over22:00 Motherhood & Financial Setbacks28:15 Eight Years of Finding Her Way Back31:25 How COVID Changed Everything35:54 Building Art Kadoras Through Social Media40:19 Turning Wood Offcuts Into Profit45:01 Scaling Production & Investing in Machinery52:51 Landing a Major International Contract57:24 Growing the Business & Finding Customers01:08:34 Rising Costs & the UGX 53M Machine Crisis01:17:45 Financial Success & Running a Business Without a Salary

How do you build an agribusiness managing nearly 5,000 acres across Africa without owning the land? When Kevin Kamau returned to Kenya in 2015 after a decade in the US, he struggled to find employment and turned to farming with no personal capital. What began with one acre of family land grew into Tukalime Ventures, an agribusiness operating across Kenya, Rwanda, Mozambique and Nigeria. But growth came with expensive lessons. Failed harvests, rising production costs and delayed payments from large buyers exposed the financial risks of commercial farming. At one point, Kevin turned down a senior role offering up to KSh 1 million a month to continue building his business, eventually securing a proposed $100,000 investment that opened the door to expansion.In this Financially Incorrect Business Edition, Kevin breaks down the economics of commercial farming, why leasing land makes more sense for his business than owning it, how commodity trading helps manage risk, and the partnerships that enabled Tukalime to scale.---------------------------------------------------------------------------------------------------------------------------------------Access all our links in one place: https://lnk.bio/Financially_Inc💹 Ready to start trading?🧑‍🏫 Learn how to trade: https://lnk.bio/fxpesa📲 Open a demo trading account: https://bit.ly/DemoAccountYT 📈 Start live trading: https://bit.ly/LiveAccountYT---------------------------------------------------------------------------------------------------------------------------------------Episode Chapters00:00 Introduction02:29 Welcome to Financially Incorrect05:28 The Risks of Agribusiness09:06 Family, Inheritance & Generational Wealth16:08 Life in America21:08 Returning to Kenya25:41 Starting Farming With Zero Capital32:33 How Tukalime Ventures Started37:24 Farming Failures & Financial Lessons43:25 Finding Customers & Growing the Business46:35 The Cash Flow Problem55:30 The KSh 1 Million Job Offer59:00 Securing a $100,000 Investment1:03:15 Choosing Business Over Employment1:05:40 Building a Scalable Agribusiness

Fakii Liwali spent decades helping shape Kenya's entertainment industry, working with some of the country's biggest artists and corporate brands. From Homeboyz and Capital FM to Coca-Cola and managing artists like Nyashinski, he built a successful career behind the scenes. But despite earning millions and building a reputation that opened doors, his journey with money was far from straightforward.Fakii reflects on dropping out of college, building a career without formal qualifications and rising from a KSh 5,000 salary to earning over KSh 450,000 a month. He shares how producing the Kenyan movie 40 Sticks for approximately KSh 8 million left him KSh 5 million in debt, the financial hardships that followed, and the lessons he learned about managing creditors, taking risks and rebuilding financial stability.---------------------------------------------------------------------------------------------------------------------------------------Access all our links in one place: https://lnk.bio/Financially_Inc💹 Ready to start trading?🧑‍🏫 Learn how to trade: https://lnk.bio/fxpesa📲 Open a demo trading account: https://bit.ly/DemoAccountYT 📈 Start live trading: https://bit.ly/LiveAccountYT---------------------------------------------------------------------------------------------------------------------------------------Episode Chapters00:00 - Introduction: Fakii's Money Story05:30 - Dropping Out of College to Support His Family09:34 - His First Experience With Forex15:36 - Breaking Into Kenya's Entertainment Industry27:10 - Starting at Homeboyz on KSh 5,00032:25 - Building the Homeboyz–Sprite Partnership38:11 - Selling Kenyan Music Before Streaming43:52 - Making Money Managing Kenya's Biggest Artists48:22 - Making Money From Election Campaigns55:00 - Why Kenyan Artists Undervalue Their Work01:00:14 - Climbing the Corporate Ladder Without a Degree01:22:50 - The KSh 8M Cost of Producing 40 Sticks01:43:45 - Surviving Debt and Financial Hardship02:05:26 - How His Name Became the Capital Behind Kulture02:18:28 - His Biggest Money Regret and Lessons on Wealth

What would make a senior banking executive walk away from career security to return to university while supporting a family? For Kevin Rudahinduka, the decision meant rethinking how he financed his future, adjusting his household expenses and finding alternative income, including renting out his car. In this Rwanda Edition of Financially Incorrect, Kevin reflects on the early experiences that shaped his relationship with money, from losing his mother at 14 to learning resourcefulness, pursuing education and building a career across financial services.As CEO of Eden Care Healthcare Rwanda Limited, Kevin also shares lessons from his work in microfinance, digital banking and healthcare insurance. He explains how technology helped lending officers reach borrowers through mobile money, why access and trust matter in insurance, and how Eden Care grew from approximately RWF 700 million to RWF 6 billion in three years, according to his account. The conversation explores career risk, family responsibility, financial decision making and the business of making financial services more accessible in Rwanda.---------------------------------------------------------------------------------------------------------------------------------------Access all our links in one place: https://lnk.bio/Financially_Inc💹 Ready to start trading?🧑‍🏫 Learn how to trade: https://lnk.bio/fxpesa📲 Open a demo trading account: https://bit.ly/DemoAccountYT 📈 Start live trading: https://bit.ly/LiveAccountYT---------------------------------------------------------------------------------------------------------------------------------------Episode Chapters00:00 Introduction05:23 Hiking, Reflection and Decision Making10:24 Losing His Mother and Learning Financial Responsibility21:29 How Microfinance Reached Underserved Borrowers41:51 Taking Banking Beyond Cash52:40 The Property Investment He Delayed57:09 Leaving Banking to Pursue a Master’s Degree01:27:43 How Eden Care Grew From RWF 700M to RWF 6B01:30:50 Why Insurance Access and Trust Matter01:34:07 Kevin’s Lessons on Money, Family and Investing