Eveready directors resign as new investor awaited

Battery packaging at the Eveready East Africa Ltd factory in Nakuru. FILE PHOTO | NMG

Eveready East Africa’s chairperson Lucy Waithaka and two other directors have resigned from the batteries distributor amid widening losses.

Mrs Waithaka, Fauzia Shah and Akif Hamid Butt stepped down on Wednesday ahead of the company’s announcement of a larger loss in the six months to March and the entry of a new strategic investor who was not named.

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