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Managing Director David Mukuha: How we turned Naivas Supermarket into multi-billion retail business


April 5th 2021 at 11:53:07 GMT +0300
The Kenyan retail sector still looks like a poisoned chalice, the exit of industry behemoths Nakumatt, Uchumi and Tuskys from the pinnacle of the industry still hard for many to take. In their place, though, sits Naivas, which was grown into a multi-billion-shilling business by David Mukuha and his late brother Simon Gashwe. With a staggering 70 branches in Kenya, Naivas is now the biggest retail chain in Kenya’s history.
While some of the powerhouses in the retail industry fell apart thanks to the owners’ family disputes, Naivas has managed to remain afloat. Naivas Managing Director Mukuha told ....

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Hustle Gang: Respect everybody- 11 business lessons from Vimal Shah


Hustle Gang: Respect everybody- 11 business lessons from Vimal Shah
An entrepreneur or any business person should treat everyone with respect in the course of business.
His father had been in the textile industry for years; in the business of extracting lint from cotton seeds. And together with his brother Tarun Shah, Vimal Shah spotted an opportunity from his father’s business. That they could also extract oil from the cotton seeds. And the returns seemed better than in textiles. A business opportunity identified, father and sons went into business together, setting up Bidco as an oil and soap manufacturer.
There was just a teeny-tiny issue. What looked like a gap to fill in the market, a need to meet, wasn’t quite that. East African Industries-now Unilever-was the big boy in the sector, and it would take tonnes of money, customer persuasion and luck to dislodge them from their lofty perch. It was years of sustained dedication and unfaltering confidence that final ....

Rift Valley , Kenya General , Tarun Shah , Manu Chandaria , Bob Collymore , Vimal Shah , Bidco Africa , International Finance Corporation , Tanganyika African National Union Tanu , African Industries Now Unilever Was , Tanzania Saba , Saba Day , Tanganyika African National Union , பிளவு பள்ளத்தாக்கு , கேந்ய ஜநரல் , தருண் ஷா , விமல் ஷா , சர்வதேச நிதி நிறுவனம் , தான்சானியா சபா , சபா நாள் ,