| English term or phrase: fighting for the better half of 1% profit margins | Since Nambiar took over Unilever's soap, detergent, oil, and foodstuffs factory in 2002, he and his team have cut costs and tripled production. A new palm oil refinery is set to open next year.
"You can make a lot of money in Congo if you have the guts and tenacity," says Nambiar, who learned his craft selling electrical motors in Mumbai, fighting for the better half of 1% profit margins. "But you need the patience to understand business traditions in Africa and how to get things done." |
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