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Uchumi - A value play?
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Ebenyo
#281 Posted : Monday, August 01, 2016 8:21:23 AM
Rank: Veteran

Joined: 4/4/2016
Posts: 2,016
Location: Kitale
Gatheuzi wrote:
Gvt is considering a dispatch of 1.2 B to Uchumi. Heard on news that final modalities are in the works to either structure this as a loan or equity.


i dont understand reasons for a govt to invest in a supermarket.
Towards the goal of financial freedom
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sparkly
#282 Posted : Monday, August 01, 2016 9:21:39 AM
Rank: Elder

Joined: 9/23/2009
Posts: 8,083
Location: Enk are Nyirobi
Ebenyo wrote:
Gatheuzi wrote:
Gvt is considering a dispatch of 1.2 B to Uchumi. Heard on news that final modalities are in the works to either structure this as a loan or equity.


i dont understand reasons for a govt to invest in a supermarket.


That money will be used to pay ghost supplies. elections are just around the corner
Life is short. Live passionately.
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obiero
#283 Posted : Sunday, August 07, 2016 5:47:46 PM
Rank: Elder

Joined: 6/23/2009
Posts: 14,213
Location: nairobi
sparkly wrote:
Ebenyo wrote:
Gatheuzi wrote:
Gvt is considering a dispatch of 1.2 B to Uchumi. Heard on news that final modalities are in the works to either structure this as a loan or equity.


i dont understand reasons for a govt to invest in a supermarket.


That money will be used to pay ghost supplies. elections are just around the corner

http://www.businessdaily...335104-92vbco/index.html

KQ ABP 4.26
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sparkly
#284 Posted : Sunday, August 07, 2016 7:22:42 PM
Rank: Elder

Joined: 9/23/2009
Posts: 8,083
Location: Enk are Nyirobi
obiero wrote:
sparkly wrote:
Ebenyo wrote:
[quote=Gatheuzi]Gvt is considering a dispatch of 1.2 B to Uchumi. Heard on news that final modalities are in the works to either structure this as a loan or equity.


i dont understand reasons for a govt to invest in a supermarket.


That money will be used to pay ghost supplies. elections are just around the corner

http://www.businessdaily...35104-92vbco/index.html[/quote]

What do you see @elder?

I see a government that is intent on giving 1.2B to Uchumi. Question is why? To pay Chandaria Industries for tissue rolls that have not been paid for from 2001? To pay Kimani of Mwea for tomatoes supplied in 2008?
Life is short. Live passionately.
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obiero
#285 Posted : Sunday, August 07, 2016 7:47:13 PM
Rank: Elder

Joined: 6/23/2009
Posts: 14,213
Location: nairobi
sparkly wrote:
obiero wrote:
sparkly wrote:
Ebenyo wrote:
[quote=Gatheuzi]Gvt is considering a dispatch of 1.2 B to Uchumi. Heard on news that final modalities are in the works to either structure this as a loan or equity.


i dont understand reasons for a govt to invest in a supermarket.


That money will be used to pay ghost supplies. elections are just around the corner

http://www.businessdaily...35104-92vbco/index.html[/quote]

What do you see @elder?

I see a government that is intent on giving 1.2B to Uchumi. Question is why? To pay Chandaria Industries for tissue rolls that have not been paid for from 2001? To pay Kimani of Mwea for tomatoes supplied in 2008?

This one stinks..

KQ ABP 4.26
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streetwise
#286 Posted : Sunday, August 07, 2016 8:23:46 PM
Rank: Veteran

Joined: 6/23/2011
Posts: 1,740
Location: Nairobi
The thiefs are known. Why not get them to pay back.

Very sad indeed
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Angelica _ann
#287 Posted : Sunday, August 07, 2016 8:38:24 PM
Rank: Elder

Joined: 12/7/2012
Posts: 11,935
streetwise wrote:
The thiefs are known. Why not get them to pay back.

Very sad indeed

Unfortunately due process must be followed and you know the outcome...... Briefcase Sad
In the business world, everyone is paid in two coins - cash and experience. Take the experience first; the cash will come later - H Geneen
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enyands
#288 Posted : Sunday, August 07, 2016 9:13:10 PM
Rank: Elder

Joined: 12/25/2014
Posts: 2,301
Location: kenya
Angelica _ann wrote:
streetwise wrote:
The thiefs are known. Why not get them to pay back.

Very sad indeed

Unfortunately due process must be followed and you know the outcome...... Briefcase Sad


Case postponed for 10 yrs then lack of evidence .so this is just another PR stunt
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muandiwambeu
#289 Posted : Sunday, August 07, 2016 10:36:51 PM
Rank: Veteran

Joined: 8/28/2015
Posts: 1,247
obiero wrote:
sparkly wrote:
obiero wrote:
sparkly wrote:
Ebenyo wrote:
[quote=Gatheuzi]Gvt is considering a dispatch of 1.2 B to Uchumi. Heard on news that final modalities are in the works to either structure this as a loan or equity.


i dont understand reasons for a govt to invest in a supermarket.


That money will be used to pay ghost supplies. elections are just around the corner

http://www.businessdaily...35104-92vbco/index.html[/quote]

What do you see @elder?

I see a government that is intent on giving 1.2B to Uchumi. Question is why? To pay Chandaria Industries for tissue rolls that have not been paid for from 2001? To pay Kimani of Mwea for tomatoes supplied in 2008?

This one stinks..

at least hii nitakula kwa campaign, ya kq is toto wasted money to the mwanainchi shareholder wa kawainda. afadhali, pesa ni ya mwananinchi apewe.
,Behold, a sower went forth to sow;....
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ARAP CHARLES
#290 Posted : Friday, August 12, 2016 11:00:46 PM
Rank: Member

Joined: 5/30/2016
Posts: 217
Location: Talai
High: 4.20 Low: 2.70 Avg: 3.34 it is currently at 4.00. A CLEVER speculator made some quick bags here within a month hehehe
Watch and Listen and Live
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