The Story of NAKUMATT and the blind men

Kombora

Village Elder
#6
When you are in a debt to the tune of billions, then there is no way in hell you are going to get back to your feet. No fuckin way.
 
#11
How the f**k are these fuckers going to repay a 30 billion shilling debt and make profit? There are a lot of details about this deal that have been left out. Even the Tuskys guys are smart enough to see that, so maybe there are some shady dealings that are taking place that no one is talking about. From what I've heard, Nakumatt treated their suppliers like shit, giving preference to relatives. The same shit happens at Tuskys, where relatives of the owners also supply the supermarket. So maybe they should go down together.
 
#12
When you are in a debt to the tune of billions, then there is no way in hell you are going to get back to your feet. No fuckin way.
Eeeeer....Kenya Airways have come out of it before, and are coming out of it again. It depends on the restructuring process and goodwill of the stakeholders.
 
#15
The fall of Makunatt must have been engineered and executed by well connected operatives ambao walinyimwa slices zao in the giant retailer....Look also at Taj Mall..look where they are....ukikataa kuchotea wakubwa they will make sure u are on ur knees. Hawa wahindi hukua mkono ngamu sana....I mean what is so difficult to give a bribe or bribes if u have the cash to the operatives...bandit economy they said, just flow with the trend.
 

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