Wilfred murungi biography books
Wilfred murungi biography books
Wilfred murungi biography books pdf.
End of an era as Mastermind Tobacco to go under the hammer
Assets owned by Mastermind Tobacco are set to be auctioned in January in what could mark the end of an era for the tobacco manufacturer.
The tobacco firm, which was started more than three decades ago by the late billionaire Wilfred Murungi, has weathered numerous storms, including with its key competitor - British American Tobacco (BAT) - as well as with the Kenya Revenue Authority (KRA) over unpaid taxes.
It also claims illicit trade has threatened its operations.
But it is the fight with one of its lenders over an undisclosed debt that appears to have done it in, leading to the planned auction.
According to a breakdown of the key assets owned by the firm and set to be sold at the auction include its head office and factory in Syokimau, the 11-storey Kimathi House at the intersection of Kenyatta Avenue and Kimathi Street as well as huge tracts of vacant land, some of them in prime locations such as