Tuesday, 6 February 2018

HOW LEO STAN EKEH’S ZINOX GROUP ACQUIRED 99% SHARES OF KONGA

Tectono Business Review gathered that after months of strategic negotiations with foreign investors, Naspers and AB Kinnevik, the Zinox Group, Nigeria’s integrated ICT solutions conglomerate and Original Equipment Manufacturer (OEM), is now the majority shareholder in e-commerce giant, Konga.
  
According to the industry analysts, this acquisition is expected to raise the profile of e-commerce in the country. A top official of Zinox Group told newsmen that the firm acquired 99 per cent shares of Konga, stressing that one per cent was left for a minority shareholder.

Naspers is a South Africa-based multinational Internet and media group, offering services in more than 130 countries, wheras AB Kinnevik, founded in 1936, is a Swedish investment company investing primarily in digital consumer brands.

Hmmm!!! Folks, have you ever imagined how the financial status of your firm will be when more than 20,000 CEOs and other key decision makers of blue-chip corporations pay for your products and services or even give you very juicy deals. The link below will tell you more: http://www.tectono-business.com/2015/07/tectono-business-review-in-conjunction_21.html

Have you heard this? Many Nigerian exporters have been defrauded of huge amount of money in the process of exporting commodities to foreign countries. Do you know why? They were not trained on export operations, management, documentations and the best methods of payment in export trade. This is terrible!!! Nigerians cannot continue to lose money to foreigners in the course of export business. Exporters, why don’t you get a practical manual that teaches the stages of export trade from processing and packaging of commodities to receipt of payment by the foreign buyers. It teaches export operations, export management, export documentations and methods of payment in export trade? It is a contemporary step-by-step guide to export trade. It tells all the contemporary dynamics in export trade. To get it, click on the link below: