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Forum => Kenya Discussion => Topic started by: RV Pundit on June 27, 2017, 05:06:54 PM

Title: I'll soon have Java in Kericho
Post by: RV Pundit on June 27, 2017, 05:06:54 PM

http://www.businessdailyafrica.com/corporate/Java-to-enter-Eldoret-and-Kericho-in-the-next-two-months/539550-3988544-qm543mz/index.html

Title: Re: I'll soon have Java in Kericho
Post by: hk on June 28, 2017, 11:11:29 AM

This is the impact of private equity funds investment. Now they have capital to increase outlets. Goodlife in pharmacy is another growth story courtesy of PEs.

Title: Re: I'll soon have Java in Kericho
Post by: Kadudu on June 28, 2017, 11:16:48 AM

hk, be carefull when writting anything to do with pharmacy. In Kenya you have to state precisely when kind of pharmacy you mean, Kidero's or Sonko's?

Quote from: hk on June 28, 2017, 11:11:29 AM

This is the impact of private equity funds investment. Now they have capital to increase outlets. Goodlife in pharmacy is another growth story courtesy of PEs.

Title: Re: I'll soon have Java in Kericho
Post by: RV Pundit on June 28, 2017, 11:22:34 AM

Yeah the amount of FDI flowing into Kenya is astounding. We need to keep the reforms on stuff that matters on - Ease of doing business/Infrastructure/Macro-economics - and we can sit & watch money flow in.

Quote from: hk on June 28, 2017, 11:11:29 AM

This is the impact of private equity funds investment. Now they have capital to increase outlets. Goodlife in pharmacy is another growth story courtesy of PEs.

Title: Re: I'll soon have Java in Kericho
Post by: Kichwa on June 28, 2017, 04:11:41 PM

Pundit- do you mean your own Java store-is it a franchise?

Quote from: RV Pundit on June 27, 2017, 05:06:54 PM

http://www.businessdailyafrica.com/corporate/Java-to-enter-Eldoret-and-Kericho-in-the-next-two-months/539550-3988544-qm543mz/index.html

Title: Re: I'll soon have Java in Kericho
Post by: RV Pundit on June 28, 2017, 04:13:29 PM

Nope. I mean patronize.

Quote from: Kichwa-mmeza mate on June 28, 2017, 04:11:41 PM

Pundit- do you mean your own Java store-is it a franchise?

Title: Re: I'll soon have Java in Kericho
Post by: hk on June 28, 2017, 04:30:49 PM

Quote from: RV Pundit on June 28, 2017, 04:13:29 PM

Nope. I mean patronize.

Quote from: Kichwa-mmeza mate on June 28, 2017, 04:11:41 PM

Pundit- do you mean your own Java store-is it a franchise?

Kericho town either has a sizable middle class or a transit town that gets a lot of stopovers. Maybe its both.

Title: Re: I'll soon have Java in Kericho
Post by: RV Pundit on June 28, 2017, 05:03:25 PM

Kericho is home to 3 big companies - James Finlay (World & Kenya leading floriculture & also big in tea & it's extracts), Uniliver Tea & Ketepa -if you add to few GoK/University/NGO type - also add to sizeable Indian business class there - that is about enough middle class to sustain Java. It's also stop -over for tourist who need to sample Kericho finest tea. As a transit to Kisumu - that is pretty much gone - with shorter Londian-Muhoroni - now prefered.

Quote from: hk on June 28, 2017, 04:30:49 PM

Kericho town either has a sizable middle class or a transit town that gets a lot of stopovers. Maybe its both.

Title: Re: I'll soon have Java in Kericho
Post by: hk on July 03, 2017, 05:40:14 PM

Java again changes hands http://www.businessdailyafrica.com/markets/news/PE-firm-Abraaj-buys-Kenya-s-Java-House-chain/3815534-3997418-11c7dqf/index.html from one PE company to another.

Title: Re: I'll soon have Java in Kericho
Post by: Globalcitizen12 on July 03, 2017, 08:12:31 PM

What kind of profits does an Enterprise like this make?

Title: Re: I'll soon have Java in Kericho
Post by: hk on July 04, 2017, 11:54:21 AM

Java was bought for 13b or $130m that's some serious cash for a company with revenue of about 4b-5b http://www.businessdailyafrica.com/corporate/Java-founder-pocket-Sh1-3bn-takeover-deal----/539550-3998854-9ku3dnz/index.html . This PE funds are getting seriously good returns.