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Nice & Lovely Sold??
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Speculz
#11 Posted : Saturday, April 20, 2013 3:36:40 PM
Rank: Member

Joined: 5/6/2011
Posts: 391
Location: Nairobi
madollar wrote:
Just how many billions did he pocket and it was a sole propreitorship .Next could be the owner AFYA juice .....



No Chance of that happening
"You can't have everything. Where would you put it?" - Stephen Wright
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mawinder
#12 Posted : Sunday, October 13, 2013 5:48:34 PM
Rank: Elder

Joined: 4/30/2008
Posts: 6,029
madollar wrote:
Just how many billions did he pocket and it was a sole propreitorship .Next could be the owner AFYA juice .....

So the business was indebted and he took home only 247m as the balance was shared btwn KCB and CBA to offset loans.
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kryptonite
#13 Posted : Sunday, October 13, 2013 9:53:07 PM
Rank: Member

Joined: 2/1/2010
Posts: 272
Location: Nairobi
mawinder wrote:
madollar wrote:
Just how many billions did he pocket and it was a sole propreitorship .Next could be the owner AFYA juice .....

So the business was indebted and he took home only 247m as the balance was shared btwn KCB and CBA to offset loans.


247m is not too shabby
The harder you work, the luckier you get
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Money Whisperer
#14 Posted : Tuesday, October 15, 2013 11:24:50 AM
Rank: Member

Joined: 8/7/2010
Posts: 728
Location: Wazuaville
kryptonite wrote:
mawinder wrote:
madollar wrote:
Just how many billions did he pocket and it was a sole propreitorship .Next could be the owner AFYA juice .....

So the business was indebted and he took home only 247m as the balance was shared btwn KCB and CBA to offset loans.


247m is not too shabby

assuming he was still able to finance the loan then for a company with such potential 247M is chicken poop
"Money never sleeps"
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madollar
#15 Posted : Tuesday, October 15, 2013 11:38:47 AM
Rank: Veteran

Joined: 11/17/2009
Posts: 2,040
Location: GA
mawinder wrote:
madollar wrote:
Just how many billions did he pocket and it was a sole propreitorship .Next could be the owner AFYA juice .....

So the business was indebted and he took home only 247m as the balance was shared btwn KCB and CBA to offset loans.

keroche seems to be in the same boat with a loan from barclays bank in the tune of over a billion shillings.Which brings the question can you run a succesful enterprise without taking loans...
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  | | Edit by user: Tuesday, October 15, 2013 11:45 AM | Reason: Not specified
kiriita
#16 Posted : Tuesday, October 15, 2013 12:56:38 PM
Rank: Member

Joined: 4/20/2008
Posts: 437
mawinder wrote:
madollar wrote:
Just how many billions did he pocket and it was a sole propreitorship .Next could be the owner AFYA juice .....

So the business was indebted and he took home only 247m as the balance was shared btwn KCB and CBA to offset loans.


Interesting. @Mawinder, is it also true as I heard somewhere that R Kimotho got 'peanuts' [after selling Kameme/K24] with the bulk of the sale proceeds going to settle liabilities at, coincidentally, CBA?
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Money Whisperer
#17 Posted : Tuesday, October 15, 2013 1:43:07 PM
Rank: Member

Joined: 8/7/2010
Posts: 728
Location: Wazuaville
madollar wrote:
mawinder wrote:
madollar wrote:
Just how many billions did he pocket and it was a sole propreitorship .Next could be the owner AFYA juice .....

So the business was indebted and he took home only 247m as the balance was shared btwn KCB and CBA to offset loans.

keroche seems to be in the same boat with a loan from barclays bank in the tune of over a billion shillings.Which brings the question can you run a succesful enterprise without taking loans...

Keroche was doing fine with launch after launch of products gracefully attended by jakom or his bro or his side kick the 500thao-shilling-suit man. I'm told Castle offered her 9B she turned it down so they opted for keringet. Loans are not bad your ability to pay is what matters
"Money never sleeps"
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  | | Edit by user: Tuesday, October 15, 2013 1:44 PM | Reason: Not specified
mawinder
#18 Posted : Tuesday, October 15, 2013 3:57:35 PM
Rank: Elder

Joined: 4/30/2008
Posts: 6,029
kiriita wrote:
mawinder wrote:
madollar wrote:
Just how many billions did he pocket and it was a sole propreitorship .Next could be the owner AFYA juice .....

So the business was indebted and he took home only 247m as the balance was shared btwn KCB and CBA to offset loans.


Interesting. @Mawinder, is it also true as I heard somewhere that R Kimotho got 'peanuts' [after selling Kameme/K24] with the bulk of the sale proceeds going to settle liabilities at, coincidentally, CBA?

I will confirm,but the level of our media reports is wanting.They dont follow up where the so called billions end up.
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Am
#19 Posted : Thursday, October 17, 2013 11:26:22 AM
Rank: Veteran

Joined: 2/21/2012
Posts: 1,739
kiriita wrote:
mawinder wrote:
madollar wrote:
Just how many billions did he pocket and it was a sole propreitorship .Next could be the owner AFYA juice .....

So the business was indebted and he took home only 247m as the balance was shared btwn KCB and CBA to offset loans.


Interesting. @Mawinder, is it also true as I heard somewhere that R Kimotho got 'peanuts' [after selling Kameme/K24] with the bulk of the sale proceeds going to settle liabilities at, coincidentally, CBA?


Very true.
Do not be anxious about anything, but in everything, by prayer and petition, with thanksgiving, present your requests to God..
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wazuaguest
#20 Posted : Tuesday, November 19, 2013 7:44:20 PM
Rank: Member

Joined: 2/9/2012
Posts: 576
Am wrote:
kiriita wrote:
mawinder wrote:
madollar wrote:
Just how many billions did he pocket and it was a sole propreitorship .Next could be the owner AFYA juice .....

So the business was indebted and he took home only 247m as the balance was shared btwn KCB and CBA to offset loans.


Interesting. @Mawinder, is it also true as I heard somewhere that R Kimotho got 'peanuts' [after selling Kameme/K24] with the bulk of the sale proceeds going to settle liabilities at, coincidentally, CBA?


Very true.

she was struggling to pay hence 'they'(CBA) Approached her with an offer .they were privy to the business dynamics hence an upper hand.I think expanding to tv rapidly was not a good idea
Africa belongs to Africans.
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