Chairman of Zinox Group, Leo Stan Ekeh, will on Tuesday (today) hold a meeting via the internet with staff of e-commerce company, Konga, after his recent acquisition of the company.
Notice of the meeting was sent out on Monday following the announcement that the 61-year-old acquired the company for a fee reportedly in the region of $10million.
“A lot of changes have been going on and we’re sure everyone has questions, especially with the news over the weekend regarding the acquisition.
“Leo Stan Ekeh – The Chairman of the Zinox group will be with us tomorrow. We will be having a webinar with him and please feel free to ask all the questions you may have.
“After the webinar, we will be introducing him to as many people as possible and he will also be available to answer your questions one on one,” the notice said.
There are fears that some staff of Konga, whose foreign investors Kinnevik of Sweden and Nasper of South Africa, suffered a huge loss in investment, will lose their jobs.
“Change like they always say is inevitable. What is important is why it is happening and our ability to be adaptable enough to embrace it,” the notice of meeting added.
The acquisition of Konga signifies a remarkable return to e-commerce for the Zinox Group after it pioneered e-commerce in Nigeria with the launch of BuyRight Africa.com which struggled to cope with the absence of credit card and e-payment infrastructure over 12 years ago.
With the deal concluded, Zinox Group will assume ownership Konga.com, the online mall; KongaPay, a CBN-licensed mobile money platform with over 100,000 subscribers and rated as one of the best mobile money channels in the country as well as KOS-Express, a digitally-driven logistics company with advanced delivery capabilities for Konga and other structured companies nationwide.
Head of Corporate Communications at Zinox Group, Gideon Ayogu, disclosed that the organisation is keen to take e-commerce in Nigeria to hitherto-unprecedented heights.
“We have always had an interest in Konga and another big one you know very well but our priority was Konga first because of her integrated nature of four quality companies in one,” he disclosed.
“Konga is a world-class, professionally-run company whose landmark strides in the sector have gone a long way in ushering millions of Nigerians into the ease and convenience of online shopping and boosting the conduct of e-commerce in the country.”
Sources say Konga will not be merged with Yudala, another e-commerce company owned by Leo Stan Ekeh.
