Of interest were companies that exited after the collapse of the East African Community like East African Roads Service. Importation of gunny sacks saw the gradual delisting of East African Bag and Cordage Ltd. Like Firestone East Africa (1969 Ltd) which became Sameer Africa which in 2004 made history by earning the largest profit in the shortest time in Kenya’s business history. Sameer Africa co-owned telco Kencell with French concern Vivendi, who were exiting the Kenyan market. Never mind, he still retained the 40 per cent stake.

Source: Standard Digital April 21, 2017 05:37 UTC