Prime

Eveready to sell Nakuru land as it shelves real estate plan

Eveready East Africa managing director Jackson Mutua. PHOTO | FILE

Portable power solutions provider Eveready East Africa has changed tack on its real estate plans, choosing to sell off a prime plot in Nakuru that was earmarked for development.

The loss-making company, which also issued a profit warning yesterday, is seeking shareholders’ approval to put up for sale the 18.5 acre piece of land on which Eveready’s redundant factory sits in Nakuru town.

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