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Nakumatt: Another ailing Kenyan company
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Ericsson
#571 Posted : Wednesday, November 01, 2017 8:02:33 AM
Rank: Elder

Joined: 12/4/2009
Posts: 10,804
Location: NAIROBI
http://www.businessdaily...4222-4xnodbz/index.html

This issue not ending anytime soon
Wealth is built through a relatively simple equation
Wealth=Income + Investments - Lifestyle
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innairobi
#572 Posted : Wednesday, November 01, 2017 9:30:23 AM
Rank: Member

Joined: 9/2/2010
Posts: 845
yesterday citizen tv said tuskys will inject 600 million. sounds like peanuts.
All my friends are heathens, take it slow. Wait for them to ask you who you know. Please don't make any sudden moves.
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maka
#573 Posted : Wednesday, November 01, 2017 10:11:00 AM
Rank: Elder

Joined: 4/22/2010
Posts: 11,522
Location: Nairobi
innairobi wrote:
yesterday citizen tv said tuskys will inject 600 million. sounds like peanuts.


It is peanuts...smile
possunt quia posse videntur
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hardwood
#574 Posted : Wednesday, November 08, 2017 11:16:32 AM
Rank: Elder

Joined: 7/28/2015
Posts: 9,562
Location: Rodi Kopany, Homa Bay
Nakumatt Nanyuki closed. Kisii closed.
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Mike Ock
#575 Posted : Thursday, November 09, 2017 12:33:19 PM
Rank: Member

Joined: 1/22/2015
Posts: 682
Administration+Tuskys stock is actually a joker card I hadn't seen. If the administrator can be bribed to not declare Nakumatt insolvent, they can actually survive.
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kawi254
#576 Posted : Thursday, November 09, 2017 8:44:36 PM
Rank: Member

Joined: 2/20/2015
Posts: 468
Location: Nairobi
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pops
#577 Posted : Saturday, November 11, 2017 5:51:47 PM
Rank: Member

Joined: 9/13/2006
Posts: 123
The Reuters article reads more like a release by nakumatts PR agency, to give credibility to the Company image. Even nakumatts Facebook page seems to be stage managed with happy customers praising the companys customer service and stores. It maybe better if they spent their money paying frustrated creditors instead of wasting it on PR agencies.
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hardwood
#578 Posted : Saturday, November 11, 2017 8:25:26 PM
Rank: Elder

Joined: 7/28/2015
Posts: 9,562
Location: Rodi Kopany, Homa Bay
Nakumatt should be allowed to die. Then other businesses will take over their niche. No customer will suffer coz Nakumatt is gone. Life has many options.
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ZZE123
#579 Posted : Monday, November 13, 2017 12:59:23 PM
Rank: Elder

Joined: 6/21/2008
Posts: 2,490
innairobi wrote:
yesterday citizen tv said tuskys will inject 600 million. sounds like peanuts.

Tuskys directors are mad… they will sink with Nakumatt if they are not careful
The man who marries a beautiful woman, and the farmer who grows corn by the roadside have the same problem
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Lolest!
#580 Posted : Tuesday, November 14, 2017 3:12:44 PM
Rank: Elder

Joined: 3/18/2011
Posts: 12,069
Location: Kianjokoma
hardwood wrote:
Nakumatt should be allowed to die. Then other businesses will take over their niche. No customer will suffer coz Nakumatt is gone. Life has many options.


The replacement process has started
Quote:
French retailer Carrefour is tomorrow set to open its third Nairobi store at the Thika Road Mall (TRM), two months after struggling rival Nakumatt evacuated the space.

http://www.businessdaily...85998-m8bi4nz/index.html
Laughing out loudly smile Applause d'oh! Sad Drool Liar Shame on you Pray
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73 Pages«<5657585960>»
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