KQ got a massive injection of cash [& was run by Brian Presbury] from KLM in the 90s. Then Naikuni came onboard and coasted on what Brian had started. Of course, we know what he did. In 2016-17, Michael Joseph was recruited as the "executive" chairman to revitalize KQ. Another massive injection of cash from GoK and KQLC (via Debt Conversion, Guarantees and new loans).

EEA isn't a GoK project.

KCB was given a lifeline by GoK/CBK after it was run down by Kaminchia (?) and Bii. There were multiple Rights Issues to bolster KCB. GoK business is given to KCB which is a freebie. Again, a GoK project.

The 1990s were horrible for banks with the rampant inflation and printing of money under the corrupt regime of dan moi. Goldenberg.

Good luck!

hehehehe! A selective memory is WORSE than no memory at all! There were so many other NSE listed PRIVATE banks and companies that "resurrected" without the government dole. As for macro factors, the same are at play in terms of the political environment last year, so you are in fact supporting my point. Now that the economy is getting back in solid footing and handshakes (and hugs) are being traded left right centre, EEA is on a sure path to "resurrection". Notice how overhead costs are dropping like a stone thanks to cost cutting by management. All EEA needs is for its products to gain traction in the market and this gem will be pouring out profits like a bad smell (if they hold the line on costs as it recovers.) I give it 3 years at most to get to that level. It closed jana at 1.65 if I remember correctly. Monday I hope it drops to 1.50 so I can load up some more on it vibaya sana.

Does EEA own the TURBO trademark,ie are those batteries being manufactured under licence in China?
Whose products are at position one since in the report they talk of being at position two?
Who now distributes Energizer products in the local and regional market?

On what planet?

1. Chloride Exide
2. Turbo by our lovely friends at Eveready East Africa :)
3. "Others"

Very surprised to see Eveready's new appointment, Sitati in the dailies today. Shouldn't he be in jail after knocking a man dead while driving under the influence?