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Nakumatt: Another ailing Kenyan company
timuka
#101 Posted : Monday, December 19, 2016 10:27:26 AM
Rank: Member


Joined: 1/21/2013
Posts: 427
obiero
#102 Posted : Monday, December 19, 2016 5:59:52 PM
Rank: Elder


Joined: 6/23/2009
Posts: 4,983
Location: nairobi
timuka wrote:

Very sad what is happening at Nakumatt
Ericsson
#103 Posted : Monday, December 19, 2016 6:17:27 PM
Rank: Elder


Joined: 12/4/2009
Posts: 2,573
Location: NAIROBI
@Obiero
If you also read the whole article you will see that there is an undisclosed buyer who has acquired a stake
Ebenyo
#104 Posted : Monday, December 19, 2016 8:41:28 PM
Rank: Member


Joined: 4/4/2016
Posts: 561
Location: Kitale
timuka wrote:


This is the company that is planning to list! its good we are seeing earlier enough.
The difference between poverty and wealth is in mentality.
Flo-ology
#105 Posted : Tuesday, December 20, 2016 8:21:36 AM
Rank: New-farer


Joined: 12/17/2016
Posts: 32
Ebenyo wrote:
timuka wrote:


This is the company that is planning to list! its good we are seeing earlier enough.



If a supermarket can default on a KES 10 million loan then things are thick.
Reflection Eternal
Cornelius Vanderbilt
#106 Posted : Friday, December 23, 2016 9:50:32 AM
Rank: Member


Joined: 8/15/2015
Posts: 664
nakumatt money problems? what money problems?workers got a raise

http://www.businessdaily...495716-cni2by/index.html
kaka2za
#107 Posted : Friday, December 23, 2016 10:17:43 AM
Rank: Elder


Joined: 10/3/2008
Posts: 2,269
Location: Gwitu
[quote=Cornelius Vanderbilt]nakumatt money problems? what money problems?workers got a raise

http://www.businessdaily...95716-cni2by/index.html[/quote]

This makes the situation worse.
They are complying with a labour procedure and not raising salaries to complement their staff for good results.
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