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[2008-06-03] Sameer Africa of Kenya Names Karanja as New Managing Director Sameer Africa Ltd., a Kenyan tire maker, appointed Michael Muturi Karanja as its new managing director.
Karanja will take over from Eric Kimani, whose contract ended on May 31, the Nairobi-based company said in a statement .
On May 26, Sameer said it expects a significant decline in profit this year due to Kenya's post-election violence and rising prices of petrol and other tire inputs.