What is in store for other events managing companies?
Our source in China has informed Grapevine that Steve Jean has been shopping like crazy, in China, to the wonderment of the Chinese! Having spent several weeks in China, Steve Jean came back to Uganda this week with equipment worth $500,000 for his events company Fenon events.
After the closure of Club Silk, Silk events got a big dent to their reputation, and its this dent that Steve Jean is trying to exploit
Our snoop overheard Steve Jean saying that, he was going to purchase equipment that when they do their first assignment, all the other event organizers will just have to close shop!
With his strict financial back ground Rafiki is surely cannot help but be scared for other even organizers in similar business.
Well, here we can only bet that the Steve Jean threats will definitely come to pass. Wamma event organizers, better start planning for an exit plan, before it’s too late.