wazua Sat, Jan 11, 2025
Welcome Guest Search | Active Topics | Log In | Register

5 Pages«<345
Uchumi HY 2015 results - firmly in loss territory
Options
Previous Topic · Next Topic
Othelo
#81 Posted : Friday, October 23, 2015 11:26:21 AM
Rank: User


Joined: 1/20/2014
Posts: 3,528
dunkang wrote:
Pesa Nane wrote:


Am I allowed to guess that a competitor will purchase the properties and later exploit some loopholes in the buyback contract to kick uchumi out?

Thought the same. Like, what if Naivas or Tuskys buys the property, they can't let out to a competitor, au sivyo?

I think the purpose of that "Buy and Lease Back" statement is just to assure the bidders that there is a ready tenant.

Basically from Landlord to Tenant, and Tenant wants to control Landlord smile
Formal education will make you a living. Self-education will make you a fortune - Jim Rohn.
Back to top
 Report Abusive | Report SPAM
gmg
#82 Posted : Friday, October 23, 2015 11:48:34 AM
Rank: Member


Joined: 3/17/2009
Posts: 201
nonof those supermarkets can afford to pay ksh 2billion. All supermarketsin Kenya ziko na shida wa wizi by staff. jaribu kusupply Tuskys uone what you will go through
Back to top
 Report Abusive | Report SPAM
muganda
#83 Posted : Tuesday, November 17, 2015 11:01:24 AM
Rank: Elder


Joined: 9/15/2006
Posts: 3,905
Stabilise, Optimise then Grow
Back to top
 Report Abusive | Report SPAM
mlennyma
#84 Posted : Tuesday, November 17, 2015 11:20:17 AM
Rank: Elder


Joined: 7/21/2010
Posts: 6,183
Location: nairobi
gmg wrote:
nonof those supermarkets can afford to pay ksh 2billion. All supermarketsin Kenya ziko na shida wa wizi by staff. jaribu kusupply Tuskys uone what you will go through

where i live every small shop uses nakumatt and other supermarkets polythene papers
"Don't let the fear of losing be greater than the excitement of winning."
Back to top
WWW
 Report Abusive | Report SPAM
instinct
#85 Posted : Tuesday, November 17, 2015 12:01:22 PM
Rank: Member


Joined: 8/17/2007
Posts: 294
Tuskys set to open 75 shops at Shell stations

http://www.businessdaily.../-/3fkox2z/-/index.html

Isnt there a conflict of interest though considering the owners of Vivo Energy also have a major stake in Uchumi and seat on both boards?
Back to top
 Report Abusive | Report SPAM
Ericsson
#86 Posted : Tuesday, November 17, 2015 12:20:36 PM
Rank: Elder


Joined: 12/4/2009
Posts: 10,702
Location: NAIROBI
@instinct;
Which owners of Vivo energy have a stake in Uchumi.
Tuskys the shell shop at Haille Selassie Avenue next to government printer is closed and that was their flagship.

75 shops is too many
Wealth is built through a relatively simple equation
Wealth=Income + Investments - Lifestyle
Back to top
WWW
 Report Abusive | Report SPAM
instinct
#87 Posted : Tuesday, November 17, 2015 2:31:48 PM
Rank: Member


Joined: 8/17/2007
Posts: 294
Ericsson wrote:
@instinct;
Which owners of Vivo energy have a stake in Uchumi.
Tuskys the shell shop at Haille Selassie Avenue next to government printer is closed and that was their flagship.

75 shops is too many


Chris Kirubi. His son Polycarp Igathe seats on both boards...
Back to top
 Report Abusive | Report SPAM
Othelo
#88 Posted : Tuesday, November 17, 2015 2:41:05 PM
Rank: User


Joined: 1/20/2014
Posts: 3,528
instinct wrote:
Ericsson wrote:
@instinct;
Which owners of Vivo energy have a stake in Uchumi.
Tuskys the shell shop at Haille Selassie Avenue next to government printer is closed and that was their flagship.

75 shops is too many


Chris Kirubi. His son Polycarp Igathe seats on both boards...

After doing in South Africans huko HACO, guy moved to Vivo, isorite smile
Formal education will make you a living. Self-education will make you a fortune - Jim Rohn.
Back to top
 Report Abusive | Report SPAM
Ericsson
#89 Posted : Tuesday, November 17, 2015 2:58:09 PM
Rank: Elder


Joined: 12/4/2009
Posts: 10,702
Location: NAIROBI
@instinct;
Stake and name of the vehicle that owns shares in Uchumi.
Polycarp is there as a representative of Kenya Association of Manufacturers who are major suppliers to Uchumi
Wealth is built through a relatively simple equation
Wealth=Income + Investments - Lifestyle
Back to top
WWW
 Report Abusive | Report SPAM
UpcomingPaperChaser
#90 Posted : Tuesday, November 17, 2015 4:01:28 PM
Rank: Member


Joined: 1/20/2015
Posts: 489
Location: Nairobi
Uchumi closed its all branches in Dar Es Salaam.......i guess tough times ahead
Enjoy every moment of your life, you never know when your time will come.
Back to top
WWW
 Report Abusive | Report SPAM
instinct
#91 Posted : Tuesday, November 17, 2015 4:23:03 PM
Rank: Member


Joined: 8/17/2007
Posts: 294
Ericsson wrote:
@instinct;
Stake and name of the vehicle that owns shares in Uchumi.
Polycarp is there as a representative of Kenya Association of Manufacturers who are major suppliers to Uchumi


i think you're right. Kirubi used to own a lot pre-receivership
Back to top
 Report Abusive | Report SPAM
Users browsing this topic
Guest (6)
5 Pages«<345
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.