On September 19, 2026, George Ruto, son of President William Ruto, unveiled six new matatus under his 98 Sacco. He revealed that his decision to venture into the transport sector is driven by a desire to create opportunities for young people. This move is part of his growing investment in the matatu industry. George Ruto made these remarks during the launch event.
George Ruto emphasized that one of the primary reasons for investing in the matatu industry is to provide job opportunities to young people. He stated that the sector has been a passion of his for a long time, dating back to his high school days. This passion led him to explore investment opportunities in the industry, which he believes will benefit the youth.
The six new matatus unveiled by George Ruto are part of his 98 Sacco, a cooperative society that aims to promote economic empowerment through transportation. By investing in the matatu industry, George Ruto hopes to make a positive impact on the lives of young people in Kenya. The launch event was attended by various stakeholders, including transport sector officials.
George Ruto's entry into the matatu industry is seen as a strategic move to create employment opportunities in the sector. The matatu industry is a significant employer of youth in Kenya, and George Ruto's investment is expected to contribute to the country's efforts to address youth unemployment. His involvement in the industry is also expected to bring new ideas and innovations.
As a member of Kenya's First Family, George Ruto's investment in the matatu industry is likely to attract attention from various stakeholders. His decision to venture into the industry is rooted in his passion for creating opportunities for young people. By supporting the growth of the matatu sector, George Ruto aims to make a positive impact on the Kenyan economy.
The 98 Sacco, under which the six new matatus were unveiled, is part of George Ruto's efforts to promote economic empowerment through transportation. The cooperative society aims to provide a platform for people to invest in the transport sector and benefit from the opportunities it presents. George Ruto's investment in the matatu industry is expected to inspire other young people to explore entrepreneurial opportunities.
George Ruto's unveiling of the six new matatus marks a significant milestone in his investment journey in the matatu industry. His commitment to creating job opportunities for young people is commendable, and his passion for the sector is evident. As the Kenyan government continues to focus on youth empowerment, George Ruto's investment in the matatu industry is a welcome development.
Key points
- George Ruto cites job creation for youth as a key reason for investing in the matatu industry.