Sameer Africa closes its tyre business

Okiya

Elder Lister
Unfortunately 73 employees have been sent home

Meanwhile, TREASURY CS Yatani downgrades 2020 economic growth outlook to between 1.8pc and 2.5pc from forecasted 6pc over Covid-19 impact.

Very optimistic from the CS
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Kwani what else do they do other than tires, wanaongea ni kma tires was a side hustle.
Since manufacturing proved hard many years ago, are they saying hata importation imewashinda? Does this mean de-listing?
 
Kwani what else do they do other than tires, wanaongea ni kma tires was a side hustle.
Since manufacturing proved hard many years ago, are they saying hata importation imewashinda? Does this mean de-listing?

The correct heading should have been Sameer group closes its tyre business. Because they have other business besides tyre
 
The correct heading should have been Sameer group closes its tyre business. Because they have other business besides tyre
other than the commercial property they own hapo on mombasa road, what else do they do?
 
Kwani what else do they do other than tires, wanaongea ni kma tires was a side hustle.
Since manufacturing proved hard many years ago, are they saying hata importation imewashinda? Does this mean de-listing?
They import tires for resale to the Kenyan market......
Anyway it's close to impossible to compete with Asian tire manufacturers in terms of technology and economy of scale
 
Haki Guka asione hii coz he will blame the lazy entrepreneurs who breed like rats.
Wacha zako cucu. Cooomer moja ikizeeka na kuisha threads, zingine mingi zinazaliwa na ku-mature. It's the cycle of life, death and rejuvenation. Some companies die, others cum up..
 
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