enyands wrote:sparkly wrote:obiero wrote:the deal wrote:Kusadikika wrote:Please do not laugh at any business. I am guessing there were some people who laughed at Nelson Muguku when he was buying shares in a floundering company called Equity Building Society.
It's good to be realistic...can this thing be scaled like Equity? Equity had alot of things going its way 1. Huge unbanked masses 2. Tribe 3. Political patronage 4. Liberisation of the Kenyan economy etc
A better example would be KQ
Leather industry is largely untapped.
Unless you market abroad, I don't see any sustainable customer base in Kenya. People love Chinese cheap products
Leather is a priority sector. Government policy under vision 2030.
Raw hides and skins are readily available in Kenya (All those cows, goats, camels in rift valley and NEP) but incentives to leather value addition have been low.
Gov has imposed high export tariffs on raw hides and skins.
Leather factories specifically planned for under the new SEZ regime.
Growth of the sector will be phenomenon in a few years.
Life is short. Live passionately.