Faced with the option of selling the trademark of the iconic Yana tyre brand, Sameer Africa opted for a comeback. The tyre business, which the listed firm exited less ...

Nairobi — It might be hard to believe it right now, but Firestone East Africa Limited was once in the Sh1 billion pre-tax profit category. That was way back in 1996. Today the firm has been renamed ...

New tyre brands have helped turn around Sameer Africa’s fortunes which came under pressure from Chinese imports and a global recession that more than doubled the cost of rubber, its key raw material.

Sameer Africa’s shift to the rental business has borne fruit, with the firm posting an extended profit run, marking a major contrast to the perennial losses it suffered when tyre manufacturing and ...

NAIROBI, Kenya—Sameer Africa Ltd., the former Firestone East Africa Ltd., is ceasing tire production at its 47-year-old factory in Nairobi and instead will outsource production of its Yana brand tires ...

NAIROBI, May 26 (Reuters) - Kenyan tyre maker Sameer Africa warned investors on Monday it expected a "significant" decline in profits this year due to Kenya's post-election violence and rising prices ...

Shareholders of tyre maker Sameer Africa have questioned the delay in the construction of a business park on the company's grounds. Investors demanded to know from the management why the business park ...

Pretax profit falls 72 percent to 61 mln shillings Blames higher costs, which eroded margins NAIROBI, March 23 (Reuters) - Kenyan tyremaker Sameer Africa said its profit fell 72 percent in 2010 due to ...

NAIROBI, Kenya—Sameer Africa Ltd., the former Firestone East Africa Ltd., is ceasing tire production at its 47-year-old factory in Nairobi and instead will outsource production of its Yana brand tires ...