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Dangote Not A Creative, Foresighted Investor That Can Survive In A Competitive.. - Nairaland / General - Nairaland

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Dangote Not A Creative, Foresighted Investor That Can Survive In A Competitive.. by goodsolomon: 7:50am On Jul 01, 2021
Most recently, news broke that Aliko Dangote was moving 60% of his family investment to the US. Few days after, we saw him in Tanzania promising to increase his investment in the country because he wants to support the new president, whose business decisions have been investment friendly. I am happy for him. He has sense.
But as a businessman, I am not sure Dangote is a model. Don’t take my word for it. Let the data speak:

In October 2016, Dansa, Dangote’s fruit juice company packed up because it wasn’t making profit. It closed shop, owing its workers 6 months’ salary.

He also started a $13 million tomato processing plant in March 2016 and closed shop in August 2017, saying it was because of “importation of tomato paste, shortfall in the supply of fresh tomatoes and power failure.” It is funny that they didn’t consider these three factors before commencing.

https://leadingreporters.com/dangote-not-a-creative-foresighted-investor-that-can-survive-in-a-competitive-business-environment/

Re: Dangote Not A Creative, Foresighted Investor That Can Survive In A Competitive.. by yanabasee1(m): 7:55am On Jul 01, 2021
You people think that it's an easy thing to sustain wealth over many years to the level that dangote is ..


If you've had a business running, you will know that dangote can survive in a competitive environment...

Before you claim that he's getting support from the North..He's first and foremost a businessman...
Re: Dangote Not A Creative, Foresighted Investor That Can Survive In A Competitive.. by neonly: 9:44am On Jul 01, 2021
yanabasee1:
You people think that it's an easy thing to sustain wealth over many years to the level that dangote is ..


If you've had a business running, you will know that dangote can survive in a competitive environment...

Before you claim that he's getting support from the North..He's first and foremost a businessman...

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