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 transportation 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?
