Consultants being sought to 'advise' on sale of KWAL, KMC and Agrochemical

[gout]

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What advise is needed? They should be 100% sale to ensure the politically correct buyers do not come begging for bailouts each years as in Mumias and such.

Seems KWAL has been hit hard by imported cheap liqour as we shout about manufacturing.

https://www.businessdailyafrica.com/markets/marketnews/State-kick-starts-process-of-selling-Kwal--Agrochemical/3815534-4800832-7iidw6z/index.html

[RV Pundit]

yes I agree -100% sales - but treasury want to be sitting in so many of those companies so they can hire their cronies and family members.

[hk]

This is  just a joke, why hire consultants to sell clearly moribund companies yet there's an agency to do that? On KWAL this is easy just sell to distell which bought centum stake in kwal. In essence distell did this to have beachhead to distribute their drinks not to ramp up local production. It wouldn't make alot of sense for another company to buy a minority shares in kwal unless there's a previous distribution agreement with distell.
KMC, why is it even located in athi river? Anyone willing to buy it most likely would strip it and relocate to a beef livestock producing area, then sell the land. And why would an investor want to purchase obsolete machines? KMC doesn't have a brand that would be worth anything. The first thing the government should do is stop subsidizing KMC and if it collapses fine.
 

[RVtitem]

Lol

Gok is hiring debt crisis management consultants

Everything is possible

[gout]

Mwafrika mjinga kabia. Been wondering why the aggressive marketing of the likes of Viceroy, Amarula but not Kingfisher or Caprice. At least the price of Kibao has maintained the loyalty. Why should we export so much dollars and jobs to mzungu in SA while alcohol is such a low hanging fruit for our drunk nation?

This is  just a joke, why hire consultants to sell clearly moribund companies yet there's an agency to do that? On KWAL this is easy just sell to distell which bought centum stake in kwal. In essence distell did this to have beachhead to distribute their drinks not to ramp up local production. It wouldn't make alot of sense for another company to buy a minority shares in kwal unless there's a previous distribution agreement with distell.
KMC, why is it even located in athi river? Anyone willing to buy it most likely would strip it and relocate to a beef livestock producing area, then sell the land. And why would an investor want to purchase obsolete machines? KMC doesn't have a brand that would be worth anything. The first thing the government should do is stop subsidizing KMC and if it collapses fine.
 

[hk]

Mwafrika mjinga kabia. Been wondering why the aggressive marketing of the likes of Viceroy, Amarula but not Kingfisher or Caprice. At least the price of Kibao has maintained the loyalty. Why should we export so much dollars and jobs to mzungu in SA while alcohol is such a low hanging fruit for our drunk nation?

This is  just a joke, why hire consultants to sell clearly moribund companies yet there's an agency to do that? On KWAL this is easy just sell to distell which bought centum stake in kwal. In essence distell did this to have beachhead to distribute their drinks not to ramp up local production. It wouldn't make alot of sense for another company to buy a minority shares in kwal unless there's a previous distribution agreement with distell.
KMC, why is it even located in athi river? Anyone willing to buy it most likely would strip it and relocate to a beef livestock producing area, then sell the land. And why would an investor want to purchase obsolete machines? KMC doesn't have a brand that would be worth anything. The first thing the government should do is stop subsidizing KMC and if it collapses fine.
 

We never miss an opportunity to screw up. The revered Chris kirubi is the one who screwed up. To keep up the charade that his company is doing well he sold centum shares in kwal to distell. He then got a distribution rights to the fast moving Tuborg beer. So basically he wasn't getting out of alcohol business just didn't want to manufacture. Centum should have actually bought ICDC holdings. Now distell is the majority shareholder with more than 52%. The real money in alcohol will be when manufacturers start making vodka or spirits from sorghum or millet instead of importing ethanol.

[hk]

A person with direct interest on assets being privatized will now head the commission https://www.businessdailyafrica.com/markets/marketnews/Moi-group-chief-to-head-Privatisation-Commission/3815534-4829730-7fijap/index.html .