Bakhresa SA PTY LTD

Bakhresa SA PTY LTD

thisdayes said:
Really!! How many $ billionaires does Kenya have!?

We know you are 0000 ila jitahidi kushirikisha ubongo kwa kupitia real data siyo kujamba kupitia mdomo

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By 2012, Kenya had 8500 millionaires.
Tanzania had 5700.
Kenya has been listed as the African country growing fastest in this space.

You are a country of 1 billionaire and 60 million paupers.

And still, having a paper net worth does not mean profits. If we were to list the 20 biggest companies in East Africa by annual profit, the first Tanzanian company would appear at around number 15, with Kenya dominating all the rest.
 
kennedy0000 said:
By 2012, Kenya had 8500 millionaires.
Tanzania had 5700.
Kenya has been listed as the African country growing fastest in this space.

You are a country of 1 billionaire and 60 million paupers.

And still, having a paper net worth does not mean profits. If we were to list the 20 biggest companies in East Africa by annual profit, the first Tanzanian company would appear at around number 15, with Kenya dominating all the rest.
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In 2015 Bakhresa group turnover was over $800mln. I wonder what will the turnover be in 2018!
 
Geza Ulole said:
In 2015 Bakhresa group turnover was over $800mln. I wonder what will the turnover be in 2018!
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Lol.. That's about the same revenue as Bidco.
Companies that make fast moving consumer products have very high turnover but very low profits.

Meanwhile Safaricom operating in a single country is now approaching $3 billion in revenue.
 
kennedy0000 said:
Equity Bank makes more money in DRC than Azam makes in Tanzania.
Azam cannot even match what Kenyan insurance companies like Jubilee make across East and Central Africa.
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Do you know how many countries azam are in?
 
kennedy0000 said:
Lol.. That's about the same revenue as Bidco.
Companies that make fast moving consumer products have very high turnover but very low profits.

Meanwhile Safaricom operating in a single country is now approaching $3 billion in revenue.
Click to expand...
Bingo! Thread closed.
 
kennedy0000 said:
Lol.. That's about the same revenue as Bidco.
Companies that make fast moving consumer products have very high turnover but very low profits.

Meanwhile Safaricom operating in a single country is now approaching $3 billion in revenue.
Click to expand...
Evidence BIDCO turnover was $800
mln in 2015? The report below by Forbes says BIDCO turnover was $400mln in 2017. Moreover the Star reports a plan to have a revenue of $1 bln by 2023. Uwache kulinganisha Bakhresa na upuuzi.

Kenyan Millionaire Vimal Shah Steps Down As CEO Of Edible Oils Giant Bidco
Mfonobong Nsehe
Contributor
I chronicle Africa's success stories and track its richest people

Kenyan multimillionaire tycoon Vimal Shah has stepped down as the CEO of Bidco Africa, the $400 million (annual revenues) edible oils manufacturer he co-founded with his younger sibling and father.
According to a press release issued by Bidco Africa, Thiagarajan Ramamurthy, a former executive at Nakumatt, East Africa’s largest retailer, has taken over from Vimal Shah as Bidco’s CEO, making it the first time that the wealthy Shah family has ceded leadership of the Bidco empire to a non-family member. In a press statement on Monday, Vimal said ceding control to Ramamurthy was meant to help the Shah family to concentrate in driving the growth strategy of the company and growing Bidco’s market niche as it diversifies into manufacturing new product lines across Africa.

https://www.forbes.com/sites/mfonob...ah-steps-down-as-ceo-of-vegetable-oils-giant/

Bidco targets Sh100bn turnover in fi ve years
 
Geza Ulole said:
Evidence BIDCO turnover was $800
mln in 2015? The report below by Forbes says BIDCO turnover was $400mln in 2017. Moreover the Star reports a plan to have a revenue of $1 bln by 2023. Uwache kulinganisha Bakhresa na upuuzi.

Kenyan Millionaire Vimal Shah Steps Down As CEO Of Edible Oils Giant Bidco
Mfonobong Nsehe
Contributor
I chronicle Africa's success stories and track its richest people

Kenyan multimillionaire tycoon Vimal Shah has stepped down as the CEO of Bidco Africa, the $400 million (annual revenues) edible oils manufacturer he co-founded with his younger sibling and father.
According to a press release issued by Bidco Africa, Thiagarajan Ramamurthy, a former executive at Nakumatt, East Africa’s largest retailer, has taken over from Vimal Shah as Bidco’s CEO, making it the first time that the wealthy Shah family has ceded leadership of the Bidco empire to a non-family member. In a press statement on Monday, Vimal said ceding control to Ramamurthy was meant to help the Shah family to concentrate in driving the growth strategy of the company and growing Bidco’s market niche as it diversifies into manufacturing new product lines across Africa.

https://www.forbes.com/sites/mfonob...ah-steps-down-as-ceo-of-vegetable-oils-giant/

Bidco targets Sh100bn turnover in fi ve years
Click to expand...
Ume mvua chupi, jamaa ni mtu wa kuropoka sana hanaga data siku zote yeye anatunga. Ana tia uvivu ata kumjibu

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Wembe1 said:
Revenue and turnover

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Difference Between Turnover & Revenue
by Devra Gartenstein; Updated June 27, 2018
acdf67c84e1848afbfb15e546c7a13ba.jpg

The terms "turnover" and "revenue" are often used interchangeably, and in some contexts they even mean the same thing. Assets and inventory turn over when they flow through a business, by being sold or by outliving their useful life. When the assets turning over generate income through sales, they bring in revenue. However, "turnover" can also refer to business activities that don't necessarily generate sales, such as employee turnover.
Difference Between Turnover & Revenue
 
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