IN SUMMARY
It was not possible to establish [SIZE=16px]how much Mr Mwau has been[/SIZE]
paid for his 7.7 per cent stake [SIZE=16px]button recent valuation of the retail chain shows it could be worth billions of shillings.
Businessman John Harun Mwau has [SIZE=16px]sold his 7.7 per cent minority stake in Nakumatt Supermarkets ahead of the retail chain’s plan to take on board a new shareholder with deep pockets to pull it out of a[/SIZE]
bourgeoning debt crisis. http://www.businessdailyafrica.com/Corporate-News/Mwau-exits-Nakumatt-with-sale-of-7pc-stake/539550-3445640-8408b1z/index.html
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Could he have been forced out to pave way for an American Company to take over without attracting sanctions from Big Brother?
Mwau anataka kiti gani? Lets make him gavana Machakos, Sonko wa Nairobi and lets retain Kabogo and Joho, then 2022 let us promote one of them to CIC. Narcos continues shortly oohh
Nakumatt has been involved in massive tax evasion…and its owners have been staffing their offshore bank accounts with cash instead of paying suppliers. I believe the business has grown to a level where either the owners make it a public company and list it, or it will be mismanaged by branch managers until all shelves are empty. The company is now too big for a family business.
niliskia carrefour ilifika nairobi? they are from france and they own 90% of supermarkets in gulf countries i know their prices will be cheaper also so mwau is a gambler he knows when to walk away