African Electricity Supplier Kaymu Has Entered Nepal Because It Has Not Been Authorized To Engage In Net Sales Business.

Kaymu It is a well-known e-commerce company founded in Africa. The company has extended its business to dozens of countries. Recently, the company suffered setbacks in Nepal.
The Minister of industry of the Nepal (DoI) Maheshwor Neupane recently confirmed that Kaymu Nepal The private limited company has started the online retail business, which has exceeded the permitted scope of operation for the 100% foreign capital company. The inspection team, established by the Ministry of industry, conducted a survey of its office in Nasar and found that the company's projects were not approved.
According to recent reports, the Ministry of industry of Nepal has summoned company managers within two days for the case. The Ministry of industry requires the company to submit income sources or invoices and monitor the management of Sunil Kumar Yadav.
In February 14th, the Republic reported on the case of "Kaymu Nepal's illegal online retailing", which reported that the company's online retailing has covered 32 countries and operated illegally in Nepal as a trade agent.
It is reported that the Ministry of industry of Nepal only approved the company's software and website development, and made it clear that the company could not conduct online retail business.
Neupane also said that they will take action against the company in accordance with the provisions of article twenty-fifth of the industrial enterprise law. The twenty-fifth provision states that if a The Mobility Company fails to comply with the relevant provisions or regulations or permits the operation of the The Mobility Company, it will impose a fine of not more than 500 thousand rupees, revoke the company's registration permit and close the company. The company should give a reasonable explanation or make a deadline for rectification.
Kaymu Nepal said on its website: "in Nepal, Kaymu website is an ideal place for you to rest assured that online shopping. Kaymu.com.np offers you the best price and promotional activities, and you can buy any product without worry. "
Kaymu Nepal was founded by German electronic commerce company BAMBINO 50 VV UG & CO investment rupee 20 million. The company website also claimed: "Kaymu website has set up a bridge for tens of thousands of buyers and sellers in Nepal. Kaymu Nepal provides you with all kinds of products, from smart phones, computers, laptops and clothes. shoes There are many books, electronic products, bags, headphones and so on.
The call from the company's regional manager, Rajiv Amatya, confirmed the Ministry of industry's monitoring, but Rajiv Amatya said he was not in the office on Tuesday. "I will go to the Ministry of industry on Wednesday or Thursday to deal with this matter after consulting the Internet lawyer." He refused to make any comment on the matter.
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