Kenyan firm buys out Teriyaki Japan partner after CAK nod

Kenyan firm buys out Teriyaki Japan partner after CAK nod

MK254

MK254

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Hong-Kong based restaurant chain firm Toridoll Holdings, the majority shareholder of local fast foods joint Teriyaki Japan, has offloaded its stake to its Kenyan partner.
Toridoll Holdings has received the green light from Competition Authority of Kenya (CAK) to sell 90 per cent of its share capital of Toridoll Kenya Limited to Roroma Limited, a Kenyan firm that held the other 10 per cent stake. Roroma also imports and sells printing ink from Japan.
Toridoll Holding’s exit from the local market comes in the wake of heated competition from other fast-food joints that have set up shop in Kenya over the past five years. Teriyaki Japan is mainly known for its grilled chicken and noodles.
The competition watchdog in a gazette notice published on Friday said that the firm made Sh898,520 in 2016 against a target of Sh73,924,991, an indicator that Toridoll Kenya Limited, which started local operations the same year had performed below the investor’s expectations.

Kenyan firm buys out Teriyaki Japan partner after CAK nod
 
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Ndio yale yale ya KLM na KQ. Maji yakiwa ya moto, mwekezaji anamtupua mzawa.
 
Mwanzi1 said:
Ndio yale yale ya KLM na KQ. Maji yakiwa ya moto, mwekezaji anamtupua mzawa.
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Wewe zoea ile ya mama ntilie ama chipsi mayai, hii ya tereyaki utapigwa na butwaa kwa kwa ushamba.
 
Mwanzi1 said:
Hapo hapo Tanzania tunagonga 7% annual growth. Ukiondoa ile fake rebase, Tanzania ilisha ipita Kenya in real GDP terms kitambo.
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Mwanzi1 said:
Hapo hapo Tanzania tunagonga 7% annual growth. Ukiondoa ile fake rebase, Tanzania ilisha ipita Kenya in real GDP terms kitambo.
Click to expand...
Umesahau miezi mitatu baada ya Kenya kufanya rebasing na Kupanua uchumi kwa asilimia 25 , Tanzania ilifwata mbio mbio na Kupanua gdp kwa asilimia 32 ndo angalau mka karibia $50B mark. sasa nani kati ya sisi ndo aliongeza sana ?
Kama rebase ya Kenya inaipatia 25% more na rebase ya Tz inaipatia 32% more basi inamaanisha ukuaji wa uchumi 7% Tanzania hauna tofauti na 5% Kenya kwasababu base yenu ni ndogo Tofauti ya $20B!
Tanzania’s GDP expands by 32 pct after rebasing - officials
 
Kafrican said:
Umesahau miezi mitatu baada ya Kenya kufanya rebasing na Kupanua uchumi kwa asilimia 25 , Tanzania ilifwata mbio mbio na Kupanua gdp kwa asilimia 32 ndo angalau mka karibia $50B mark. sasa nani kati ya sisi ndo aliongeza sana ?
Kama rebase ya Kenya inaipatia 25% more na rebase ya Tz inaipatia 32% more basi inamaanisha ukuaji wa uchumi 7% Tanzania hauna tofauti na 5% Kenya kwasababu base yenu ni ndogo Tofauti ya $20B!
Tanzania’s GDP expands by 32 pct after rebasing - officials
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Tegemeo kubwa kwa Kenya during rebase of 2013 ilikuwa Safaricom, housing na service sector. Other sectors have either stagnated or fallen behind since 2013, Including manufacturing, tourism, agricultural. The story is different in Tanzania, manufacturing imeongezea by 8% year on years since 2012. Agricultural contribute 29.1 of GDP, tourism revenue has grown by 30% since 2015.
 
Mwanzi1 said:
Tegemeo kubwa kwa Kenya during rebase of 2013 ilikuwa Safaricom, housing na service sector. Other sectors have either stagnated or fallen behind since 2013, Including manufacturing, tourism, agricultural. The story is different in Tanzania, manufacturing imeongezea by 8% year on years since 2012. Agricultural contribute 29.1 of GDP, tourism revenue has grown by 30% since 2015.
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In terms of absolute numbers, manufacturing has not stagnated... in 2013, the Kenyas Gdp was $55B, in 2017 the gdp was $70B, manufacturing contribution to gdp averaged 10% throughout the period..... Fanya hii hesabu 10/100*$55B vs 10/100*$71B .... the difference is $2B ..I.e the manufacturing industry produced goods worth $2B more .... compare that with 8% in Tanzanis $52B economy. ...

and telecomunication wasnt the only industry that contributed to the rebasing in Kenya, we had IT/ICT and some informal industries that were formalised.... online advertisment alone is close to hitting the $1B dollar mark in revenue... while media and entertainment is worth $2B yearly revenue......
 
Kafrican said:
In terms of absolute numbers, manufacturing has not stagnated... in 2013, the Kenyas Gdp was $55B, in 2017 the gdp was $70B, manufacturing contribution to gdp averaged 10% throughout the period..... Fanya hii hesabu 10/100*$55B vs 10/100*$71B .... the difference is $2B ..I.e the manufacturing industry produced goods worth $2B more .... compare that with 8% in Tanzanis $52B economy. ...

and telecomunication wasnt the only industry that contributed to the rebasing in Kenya, we had IT/ICT and some informal industries that were formalised.... online advertisment alone is close to hitting the $1B dollar mark in revenue... while media and entertainment is worth $2B yearly revenue......
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Haha halafu wewe unapenda kudanganya watu na namba zako za uwongo. We're looking on the growth on manufacturing sector let alone all other sectors. Japo unasema manufacturing inaingiza $2bn in the economy, unasahau kuwa viwanda vipya vinafunguliwa wakati vya zamani vinafungwa tena kwa wingi. This is way your stuck on 10% growth for the past 10yrs. ICT in Kenya is not big enough to cover the gap of closing down traditional industries. Sasa hivi were almost on the same leagues when it comes to manufacturing of FMCG.
 
Mwanzi1 said:
Haha halafu wewe unapenda kudanganya watu na namba zako za uwongo. We're looking on the growth on manufacturing sector let alone all other sectors. Japo unasema manufacturing inaingiza $2bn in the economy, unasahau kuwa viwanda vipya vinafunguliwa wakati vya zamani vinafungwa tena kwa wingi. This is way your stuck on 10% growth for the past 10yrs. ICT in Kenya is not big enough to cover the gap of closing down traditional industries. Sasa hivi were almost on the same leagues when it comes to manufacturing of FMCG.
Click to expand...
new companies will hadly produce anything worth $2B, if you look at the manufacturing indicators you would see they are all positive since begining of this year.... manufacturing growth remaining constant at 10% while gdp is rising does NOT mean its completely stagnated, it just means growth in Manufacturing is not at par with the rest of other sectors of the economy... but the growth no matter how small is still there ...it would have been more dangerous if the growth was shrinking...
In the firat quater of this year, Kenya economy grew by 5.7%, last year im the same period the growth was 4.6% so you can start unpacking your back because you are not going anywhere.... the projection this year is kenya gdp will grow by between 5.8-6.2% .
 
Mwanzi1 said:
Haha halafu wewe unapenda kudanganya watu na namba zako za uwongo. We're looking on the growth on manufacturing sector let alone all other sectors. Japo unasema manufacturing inaingiza $2bn in the economy, unasahau kuwa viwanda vipya vinafunguliwa wakati vya zamani vinafungwa tena kwa wingi. This is way your stuck on 10% growth for the past 10yrs. ICT in Kenya is not big enough to cover the gap of closing down traditional industries. Sasa hivi were almost on the same leagues when it comes to manufacturing of FMCG.
Click to expand...
Si ni juzi tu mumefunga viwanda 400?
 
Kafrican said:
new companies will hadly produce anything worth $2B, if you look at the manufacturing indicators you would see they are all positive since begining of this year.... manufacturing growth remaining constant at 10% while gdp is rising does NOT mean its completely stagnated, it just means growth in Manufacturing is not at par with the rest of other sectors of the economy... but the growth no matter how small is still there ...it would have been more dangerous if the growth was shrinking...
In the firat quater of this year, Kenya economy grew by 5.7%, last year im the same period the growth was 4.6% so you can start unpacking your back because you are not going anywhere.... the projection this year is kenya gdp will grow by between 5.8-6.2% .
Click to expand...
My friend, productivity in Kenyan manufacturing is on decline if not stagnated. Alarms are raised on daily basis by all stakeholders. From 11% 2 yrs ago, to current 9%, halafu wewe unasema hata si hivyo.

Can CS Mohamed increase manufacturing to 15 per cent of GDP?

PressReader.com - Journaux du Monde Entier
 
Mwanzi1 said:
My friend, productivity in Kenyan manufacturing is on decline if not stagnated. Alarms are raised on daily basis by all stakeholders. From 11% 2 yrs ago, to current 9%, halafu wewe unasema hata si hivyo.

Can CS Mohamed increase manufacturing to 15 per cent of GDP?

PressReader.com - Journaux du Monde Entier
Click to expand...
The same guys who just called the standardmedia.co.ke a propaganda news site is quoting the same media house as a source... the double standards is just amazing....
anyway... the GDP in first quater of 2018 rose by 5.7%, that should tell you something.... of all the sectors of the economy, manufacturing recorded the second fastest growth in the same period of Q1 2018.

Kenya industry output up first time in 2 years
Kenya’s manufacturing activity expanded for the first time in two years in January this year on the back of improving business conditions, according to the latest Stanbic Bank-HIS Markit Purchasing Manager’s Index.
The study says private sector activity slid slightly to 52.9 points in January from 53 points in December signalling “a solid improvement in business conditions.”
Despite the fall the study shows that overall private sector growth or buying activity was the second-strongest since December 2016.
“Output rose to its highest level since January 2016, a trend we suspect is likely to persist over the coming year,” said Jibran Qureishi, regional economist east Africa at Stanbic Bank.
Mr Qureishi projected that the business conditions are likely to look up in the first half of 2018



Credit to private sector is also rising Bankers see increased lending to the private sector - CBK Survey - Capital Business

The train is gaining momentum. ...
 
Mwanzi1 said:
My friend, productivity in Kenyan manufacturing is on decline if not stagnated. Alarms are raised on daily basis by all stakeholders. From 11% 2 yrs ago, to current 9%, halafu wewe unasema hata si hivyo.

Can CS Mohamed increase manufacturing to 15 per cent of GDP?

PressReader.com - Journaux du Monde Entier
Click to expand...
The same guys who just called the standardmedia.co.ke a propaganda news site is quoting the same media house as a source... the double standards is just amazing....
anyway... the GDP in first quater of 2018 rose by 5.7%, that should tell you something.... of all the sectors of the economy, manufacturing recorded the second fastest growth in the same period of Q1 2018.

Kenya industry output up first time in 2 years
Kenya’s manufacturing activity expanded for the first time in two years in January this year on the back of improving business conditions, according to the latest Stanbic Bank-HIS Markit Purchasing Manager’s Index.
The study says private sector activity slid slightly to 52.9 points in January from 53 points in December signalling “a solid improvement in business conditions.”
Despite the fall the study shows that overall private sector growth or buying activity was the second-strongest since December 2016.
“Output rose to its highest level since January 2016, a trend we suspect is likely to persist over the coming year,” said Jibran Qureishi, regional economist east Africa at Stanbic Bank.
Mr Qureishi projected that the business conditions are likely to look up in the first half of 2018



Credit to private sector is also rising Bankers see increased lending to the private sector - CBK Survey - Capital Business
 
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