[Press Release] The official MIH position on the closure of Kalahari in Kenya and Nigeria
Press Release
On 24 October 2011 MIH Internet (Sub-Saharan Africa) advised that, following a strategic review of its investment priorities, it will be closing down the Kalahari Kenya and Kalahari Nigeria operations with immediate effect.
MIH launched online retail services in Kenya and Nigeria under the Kalahari brand in October 2009 and January 2010, respectively. This was pioneering work which carried considerable risk. As the performance of the service has been below expectation since launch and reaching profitability was not a reasonable near-term prospect, a decision was made to refocus efforts on other group businesses within the region. Specifically, our Dealfish and Mocality sites will continue to operate.
Contact details:
Stefan Magdalinski , GM, E-Commerce, Sub-Saharan Africa MIH Internet
Email: Stefan@mihinternet.com
The Author
2 Comments
Hee, Mozezz, from your recent BD interview, I got the impression that you are very comfortable with your position at Dealfish, chunga maisha! With this incident, and the East Africa Magazines saga, seems these Naspers fellas have a ruthless firing squad!
Such a shame. Was somewhat impressed by their service the one time I used it (especially the speedy door delivery) not so with the prices of some items