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Shoprite exits Kenya after sh3. 2 billion loss: A Cortedivoire Rant

cortedivoire

Village Sponsor
#1
Shoprite ndio walijishaft wenyewe. The white meffi south africans with a strong financial backing walidhani juu wako na 2300 branches watakam kubully local competition.
Their main downfall ilikua they stocked 98 percent of their stock from SA. Even perishables kama bread, sukuma, maziwa, na beef. They sourced like 2 percent from Kenya suppliers.
Hapo ndio wakajua hawajui, KRA increased customs to import na the birrionaire owner, Christo Wiese worth $6 Billion who ako very arrogant and rude, refused kupeana za chai akisema shoprite is a corruption free corporate.
Eventually he stopped bringing containers blaming the Kenya Gava on high import taxes. Shoprite Wakashindwa kurestock their branches and With no stocks coming na fixed monthly expenses, The birrionaire was fuccked bila lube. He had to bail and count his losses.
He is also retreating in other countries outside South Africa, juu ya meffi strategies ya kifua. Wacha abaki SA juu hapo due ameshika suppliers wote kwa balls juu yeye is the largest distributor and retailer in africa. Meffi hao.
 

Baresi

Village Elder
#6
I can relate
When I was in employment, there was a time I had a Seuz efrican white dude for a boss. He was such an evil racist POS

Had to screw up things so that after I resigned, they didn't last for six months. Made sure he was deported soon after..
Apana tambua.
,story for anaza day..
What did he say when you resigned?
 

Simiyu22

Village Sponsor
#10
Shoprite ndio walijishaft wenyewe. The white meffi south africans with a strong financial backing walidhani juu wako na 2300 branches watakam kubully local competition.
Their main downfall ilikua they stocked 98 percent of their stock from SA. Even perishables kama bread, sukuma, maziwa, na beef. They sourced like 2 percent from Kenya suppliers.
Hapo ndio wakajua hawajui, KRA increased customs to import na the birrionaire owner, Christo Wiese worth $6 Billion who ako very arrogant and rude, refused kupeana za chai akisema shoprite is a corruption free corporate.
Eventually he stopped bringing containers blaming the Kenya Gava on high import taxes. Shoprite Wakashindwa kurestock their branches and With no stocks coming na fixed monthly expenses, The birrionaire was fuccked bila lube. He had to bail and count his losses.
He is also retreating in other countries outside South Africa, juu ya meffi strategies ya kifua. Wacha abaki SA juu hapo due ameshika suppliers wote kwa balls juu yeye is the largest distributor and retailer in africa. Meffi hao.
I wouldnt pay hongo at the the airport either as a corporate. All he had to do is offer Mami Ngina a little stake in the operation. That would effcetively kill importation hurdles.
They were importing from South Africa because the cost of local goods is very high. At the end of the day, it comes down to selling branded products. People see a strange product and they desist.
 

Badrobot

Village Elder
#14
Is hard for SA to do business here, just like it's hard for Kenyans to do biz in SA. Remember what happened when EABL and castle were fighting, SA even created funny laws to lock out EABL including registering a beer with the tusker like logo, EABL came and lobbied the govt to increase duty on malt and barley, kila mtu aka aki kwao. SA wako na ubaguzi saaana, ata DSThieves, they have SA, Naija and ROA(rest of Africa)
 
#15
I wouldnt pay hongo at the the airport either as a corporate. All he had to do is offer Mami Ngina a little stake in the operation. That would effcetively kill importation hurdles.
They were importing from South Africa because the cost of local goods is very high. At the end of the day, it comes down to selling branded products. People see a strange product and they desist.
Hata mkate?
 

Jarateng'

Senior Villager
#17
Shoprite ndio walijishaft wenyewe. The white meffi south africans with a strong financial backing walidhani juu wako na 2300 branches watakam kubully local competition.
Their main downfall ilikua they stocked 98 percent of their stock from SA. Even perishables kama bread, sukuma, maziwa, na beef. They sourced like 2 percent from Kenya suppliers.
Hapo ndio wakajua hawajui, KRA increased customs to import na the birrionaire owner, Christo Wiese worth $6 Billion who ako very arrogant and rude, refused kupeana za chai akisema shoprite is a corruption free corporate.
Eventually he stopped bringing containers blaming the Kenya Gava on high import taxes. Shoprite Wakashindwa kurestock their branches and With no stocks coming na fixed monthly expenses, The birrionaire was fuccked bila lube. He had to bail and count his losses.
He is also retreating in other countries outside South Africa, juu ya meffi strategies ya kifua. Wacha abaki SA juu hapo due ameshika suppliers wote kwa balls juu yeye is the largest distributor and retailer in africa. Meffi hao.
They come with their arrogance huku thinking markets are the same n'shit lakini inabaki wameshangaa. It's beats logic though juu before setting up shop lazima they've undertaken market surveys or so...
 

Makiadi

Village Elder
#20
Market ya Kenya iko advanced banae. Walikuja na hiyo ukumbafu na umefi yao ya SA, doesn't apply here.They must have underestimated kenyan consumer culture. Wakwende uko.
 

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