Tuesday, May 27, 2014

Vimal Shah, Bidco's CEO and East Africa’s Role Model

In 1985 Vimal Shah and his elder brother decided to take their creative idea of manufacturing consumer goods to prospect backers,  unfortunately they did not find anyone to give them a loan. “Unilever will kill you” one of the bankers said to them. When everyone refused to grant them a loan they planned to break down their business into smaller stages, instead of farming seeds at their home, they imported oil from Malaysia in large chunks so as to beat local competition. They went round their country persuading retailers to stock their brands and taking money from them only when they sold. Within no time their determination paid off. Up to date Vimal Shah has bought several brands from Unilever, Vimal and his brother has topped the charts at international rich list at a worth of $1.7 billion. They are based in Kenya where they have established their business to very great lengths. Their goal is  to be the leading marketers in household brands such as soaps and cooking oils across the African continent by the year 2030.


“That’s something that’s stored in my hard disk” states Mr shah who is 53 years of age, of that disparaging statement some 30 years which have passed. He worked on a good piece of advice to this date of start small, aim big"

Bidco company was named after their father BD Shah who is now the company’s chairman, this company was a result of dream big solution to a negative experience. Vimal and his brother Tarun were previously known as students in Nairobi, Kenya. Now Vimal Shah is chief executive officer of the business, which made a whooping profit of $500m in the year 2013. Mr Shah did not attend any business school but says he reads philosophical books daily which inspire him on daily basis, the knowledge he gets from the books passes it on to his company. Mr Shah is now Kenya’s richest man.


Thursday, May 22, 2014

DigiBC Recognized Top-class Technological Companies Worldwide

Few days ago, topmost 25 technological companies in BC have gathered over the second-floor concourse in the Telus Science World to display their various types of latest and innovative breakthroughs and even to celebrate many visionaries and influencers of the future. NextBC, organized and presented by the well-known company as DigiBC or Digital Media and Wireless Association of BC has invited out its unique and completely diverse collection of many life-changing and gaming companies. 


Here, DigiBC asked companies to use Payfirma and other similar types of exclusive money management tools, along with digital health advances and HD camera system in exosphere to shoot perfect and effective images of the Earth referred as Urthecast. Professionals have designed NextBC not only in the form of conference with large numbers of primary speakers and panelists, but also hosted award show to highlight the organization or technology company, which excelled and showed their huge potential in the continuous or consistent manner. 
Event organizers and judges’ panels have shortlisted only 5 well-known companies in between the 25 nominees. Info systems and media sources revealed that judges’ panels of NextBC have played their major role in the entire selection process, as they have asked different questions focusing on some important factors, including rapidly advancing or breakthrough of technology, potential for causing broad influence, potential to influence economy, disruptive effects in the way, by which people live and work. 

According to the comments given by Howard Donaldson, the President of DigiBC, “At DigiBC we recognize that technology is changing our lives in so many ways. Our objective is to promote innovation and that is really what inspired this event.” Read more from here.