wazua Wed, Jan 15, 2025
Welcome Guest Search | Active Topics | Log In | Register

I see BIDCO Relocating to Uganda
Options
Previous Topic · Next Topic
Caveman
#1 Posted : Monday, June 23, 2014 10:44:26 PM
Rank: Member


Joined: 4/15/2009
Posts: 371
I raised my head(...has helmet) above the ground and saw BIDCO relocating its offices from Kenya. They were headed to Uganda. I have no link.....but you can dig up this post when it happens and discover you were informed in advance.
The reason for relocation is not insecurity.
Back to top
 Report Abusive | Report SPAM | Edit by moderator: Monday, June 23, 2014 10:49 PM | Reason: title clarified
murchr
#2 Posted : Monday, June 23, 2014 10:55:58 PM
Rank: Elder


Joined: 2/26/2012
Posts: 15,980
Most of their raw material is grwn there (palm)and i think they have a plant there. Relocating .... i dont think so
"There are only two emotions in the market, hope & fear. The problem is you hope when you should fear & fear when you should hope: - Jesse Livermore
.
Back to top
 Report Abusive | Report SPAM
VituVingiSana
#3 Posted : Tuesday, June 24, 2014 6:50:00 AM
Rank: Chief


Joined: 1/3/2007
Posts: 18,122
Location: Nairobi
BIDCO's largest market remains Kenya and most of the imports [palm oil] comes via Mombasa so until Dar-es-Salaam ups its game and forces firms to process palm oil in Tanzania [for the SADDC market] there is no reason for BIDCO to move.
Greedy when others are fearful. Very fearful when others are greedy - to paraphrase Warren Buffett
Back to top
 Report Abusive | Report SPAM
Gathige
#4 Posted : Tuesday, June 24, 2014 3:32:28 PM
Rank: Elder


Joined: 3/29/2011
Posts: 2,242
murchr wrote:
Most of their raw material is grwn there (palm)and i think they have a plant there. Relocating .... i dont think so



Palm oil is imported from Asia- Malaysia, Indonesia etc. The Ugandan farms are new and not in very large scale.
"Things that matter most must never be at the mercy of things that matter least." Goethe
Back to top
 Report Abusive | Report SPAM
shocks
#5 Posted : Wednesday, June 25, 2014 2:21:41 AM
Rank: Member


Joined: 3/15/2009
Posts: 360
Caveman wrote:
I raised my head(...has helmet) above the ground and saw BIDCO relocating its offices from Kenya. They were headed to Uganda. I have no link.....but you can dig up this post when it happens and discover you were informed in advance.
The reason for relocation is not insecurity.


In fact they are expanding their Thika operations. Maybe they are just relocating some functions there

Business Daily article
Back to top
 Report Abusive | Report SPAM
Users browsing this topic
Guest (2)
Forum Jump  
You cannot post new topics in this forum.
You cannot reply to topics in this forum.
You cannot delete your posts in this forum.
You cannot edit your posts in this forum.
You cannot create polls in this forum.
You cannot vote in polls in this forum.

Wazua Investor Theme
Powered by YAF | YAF © 2003-2009, Yet Another Forum.NET
Copyright © 2025 Wazua.co.ke. All Rights Reserved.