Nakumatt you're not alone.

[Kilpatrick]

http://www.foxbusiness.com/features...-20-big-retailers-closing-stores-in-2017.html


Retail Apocalypse: 20 big retailers closing stores in 2017

Team UOTP who keep shouting that Uhuruto has messed the economy a big F@#$ you to you!!

 

[lawi]

I think in the future E comm is the way to go. Jumia came, now we have avenchi and more to come. The most convenient wins the show. Opportunity!!!!!!

 

[Ngimanene na nyeni]

Naona Jumia wanafungua experience stores with free Wi-Fi and tablets that you can order from Jumia and their staff to help out, big kudos to them. Though they still make huge losses

 

[MortyTuumbo]

Is the government responsible in holding the hand of private retailers? Nakumatt has never listed on the NSE to allow us to buy their shares, and they have done harm to local manufacturers by importing foreign goods instead of stocking locally made goods.

 

[Ngimanene na nyeni]

Niliona Carrefour na Tuskys wanataka kuingia pale TrM. Nataka Carrefour waingie

 

[coldpilsner]

just because other economies are failing doesn't nean uhuru has an excuse to fail to as a matter q fact he promised us a better economy and prosperity...so we are holding him accountable..

 

[Grundy]

just because other economies are failing doesn't nean uhuru has an excuse to fail to as a matter q fact he promised us a better economy and prosperity...so we are holding him accountable..

Uhuru has so far borrowed 2.3 trillion which is way more than Obako was able to borrow in 10 years and what does he have to show for it?

 

[SnazzyKenyan]

Is the government responsible in holding the hand of private retailers? Nakumatt has never listed on the NSE to allow us to buy their shares, and they have done harm to local manufacturers by importing foreign goods instead of stocking locally made goods.

I thought NaKUMAtt were making astronomous profits packaging everything as 'Blue watever' m selling at their own

 

[Dunya]

Uhuru has so far borrowed 2.3 trillion which is way more than Obako was able to borrow in 10 years and what does he have to show for it?

Baba only borrows vitendawili, what does he have to show for it?

 

[Grundy]

Baba only borrows vitendawili, what does he have to show for it?

Uhuru "beat" Raila in 2012 and that's why he is the president and we expect better from him. Politics and sycophancy aside, we lose as a nation every time the government of the day under-performs so only a fool would console himself by saying that opposition are worse off.

 

[MortyTuumbo]

I thought NaKUMAtt were making astronomous profits packaging everything as 'Blue watever' m selling at their own

They were spending more money importing dead stock. Some of their stores in Uganda didn't even stock our products... That place didn't respect the consumer.

 

[Abba]

Is the government responsible in holding the hand of private retailers? Nakumatt has never listed on the NSE to allow us to buy their shares, and they have done harm to local manufacturers by importing foreign goods instead of stocking locally made goods.

They tried to list and I warned my pundits . They wanted to offload this cancer to poor unsuspecting wanjiku in the name of IPO. Thank God many would have cried by now.

 

[Ngimanene na nyeni]

Vulture Capital funds should just come by Nakumatt, restructure it and it's debt then sell it off. Pretty sure Helios would be more than happy to do it

 

[shocks]

Vulture Capital funds should just come by Nakumatt, restructure it and it's debt then sell it off. Pretty sure Helios would be more than happy to do it

If you look at the debt hole they are in and the amount of income they make, you just know hapa ni kifo tu tunangoja

 

[MortyTuumbo]

They tried to list and I warned my pundits . They wanted to offload this cancer to poor unsuspecting wanjiku in the name of IPO. Thank God many would have cried by now.

Indeed.

They could have shared the wealth early on with kenyans when they were profitable. But that muhindi owner is a racist son of a bitch.... Good if Tuskys buys them out.

 

[Ngimanene na nyeni]

If you look at the debt hole they are in and the amount of income they make, you just know hapa ni kifo tu tunangoja

There are funds that specialize in buying failing businesses, brutally restructuring them or if not possible, break them up to parts and sell them off, that's how they got their vulture tags

 

[Kilpatrick]

just because other economies are failing doesn't nean uhuru has an excuse to fail to as a matter q fact he promised us a better economy and prosperity...so we are holding him accountable..

Sorry you didn't vote for Uhuru in 2012. So he is not obliged by anything to please you. Suck that up

 

[marine1]

Uhuru has so far borrowed 2.3 trillion which is way more than Obako was able to borrow in 10 years and what does he have to show for it?

Tutasema mara ngapi,uhuru is using new constitution which comes with more baggage than kibaki.
And with borrowing he hopes counties will start generating their money and start paying back

 

[Grundy]

Tutasema mara ngapi,uhuru is using new constitution which comes with more baggage than kibaki.
And with borrowing he hopes counties will start generating their money and start paying back

I guess he's also investing in corruption with the hope that it will start generating it's own money and start paying back.

 

[marine1]

I guess he's also investing in corruption with the hope that it will start generating it's own money and start paying back.

My friend if u live in kenya u should know corruption starts with the citizens.its a vice thats with us.