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Nakumatt: Another ailing Kenyan company
timuka
#101 Posted : Monday, December 19, 2016 10:27:26 AM
Rank: Member

Joined: 1/21/2013
Posts: 427
obiero
#102 Posted : Monday, December 19, 2016 5:59:52 PM
Rank: Elder

Joined: 6/23/2009
Posts: 14,257
Location: nairobi
timuka wrote:

Very sad what is happening at Nakumatt

Ericsson
#103 Posted : Monday, December 19, 2016 6:17:27 PM
Rank: Elder

Joined: 12/4/2009
Posts: 10,811
Location: NAIROBI
@Obiero
If you also read the whole article you will see that there is an undisclosed buyer who has acquired a stake
Wealth is built through a relatively simple equation
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Ebenyo
#104 Posted : Monday, December 19, 2016 8:41:28 PM
Rank: Veteran

Joined: 4/4/2016
Posts: 2,019
Location: Kitale
timuka wrote:


This is the company that is planning to list! its good we are seeing earlier enough.
Towards the goal of financial freedom
Flo-ology
#105 Posted : Tuesday, December 20, 2016 8:21:36 AM
Rank: Member

Joined: 12/17/2016
Posts: 225
Ebenyo wrote:
timuka wrote:


This is the company that is planning to list! its good we are seeing earlier enough.



If a supermarket can default on a KES 10 million loan then things are thick.
Reflection Eternal
Cornelius Vanderbilt
#106 Posted : Friday, December 23, 2016 9:50:32 AM
Rank: Member

Joined: 8/15/2015
Posts: 817
nakumatt money problems? what money problems?workers got a raise

http://www.businessdaily...495716-cni2by/index.html
kaka2za
#107 Posted : Friday, December 23, 2016 10:17:43 AM
Rank: Elder

Joined: 10/3/2008
Posts: 4,058
Location: Gwitu
[quote=Cornelius Vanderbilt]nakumatt money problems? what money problems?workers got a raise

http://www.businessdaily...95716-cni2by/index.html[/quote]

This makes the situation worse.
They are complying with a labour procedure and not raising salaries to complement their staff for good results.
Truth forever on the scaffold
Wrong forever on the throne
(James Russell Rowell)
Chaka
#108 Posted : Wednesday, February 08, 2017 9:52:11 PM
Rank: Elder

Joined: 2/16/2007
Posts: 2,114
quicksand
#109 Posted : Thursday, February 09, 2017 10:11:12 AM
Rank: Veteran

Joined: 7/5/2010
Posts: 2,061
Location: Nairobi
Chaka wrote:


I make a point not to buy these Nakumatt branded (or Tuskys) goods ...these are goods of no provenance, its just a money grab by branding generic stuff and cutting out the rest of the supply chain from the factory door direct to the shelves. And they don't pass the benefits of this to the customer. The cost of these batteries is just as high as Eveready, or Duracell or Energizer for example. I understand their decision in a business sense, it just doesn't sit right with me. Its an unfair advantage over real manufacturers
Its a small, personal rebellion.

Swenani
#110 Posted : Thursday, February 09, 2017 10:43:11 AM
Rank: User

Joined: 8/15/2013
Posts: 13,237
Location: Vacuum
quicksand wrote:
Chaka wrote:


I make a point not to buy these Nakumatt branded (or Tuskys) goods ...these are goods of no provenance, its just a money grab by branding generic stuff and cutting out the rest of the supply chain from the factory door direct to the shelves. And they don't pass the benefits of this to the customer. The cost of these batteries is just as high as Eveready, or Duracell or Energizer for example. I understand their decision in a business sense, it just doesn't sit right with me. Its an unfair advantage over real manufacturers
Its a small, personal rebellion.


Power of branding, whether you refuse to buy it or not there is always someone who will go for the nakumatt brand regardless of the product quality. Sadly or luckily, you're a minoritysmile
If Obiero did it, Who Am I?
73 Pages«<910111213>»
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