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French firm expands footprint in E. Africa with Yana Oil takeover

The company operates a Lube Oil Blending Plant (LOBP) in Nairobi with a total capacity of 20 million litres per year. ....

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Eveready taps Sameer finance boss for acting MD

Eveready taps Sameer finance boss for acting MD
Tuesday March 16 2021
By BONFACE OTIENO
Eveready East Africa #ticker:EVRD has appointed Sameer Management Limited finance manager Thomas Mong’are Masaki as the interim managing director following the exit of Margaret Odhiambo.
The appointment takes immediate effect until the board recruits a substantive head, the battery distributor said in a statement on Tuesday.
Ms Odhiambo became the firm’s first female MD after taking over in February 2019 from Jackson Mutua who quit following a decline in profits.
“In her tenure, the company has recorded tremendous organic growth in its new growth drivers, and through it achieved consistent year-on-year improvement in the bottom line position,” Eveready said. ....

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