[Source: Business Daily, by Victor Juma]
Sameer Africa narrowed its net loss 68 per cent to Sh58.5 million in the half year ended June, benefiting from the closure of its troubled tyre business.
The Nairobi Securities Exchange-listed firm had made a net loss of Sh182.7 million a year earlier.
It closed the loss-making tyre unit in May, leaving it with the real estate business, which it says is profitable.
“Following the group’s restructuring during the first half of 2020, and…
