SlimTrader: Inventory management platform launches employee share scheme

With the scheme in place, all SlimTrader employees would be entitled to receive varying numbers of shares in the business.

Sub-Saharan Africa’s turn-key e-commerce solution provider for businesses, SlimTrader has announced the launch of an Employee Share Scheme which would benefit all its employees. The extension was implemented in recognition of the role that all the company’s employees play in growing the business.  With the scheme in place, all SlimTrader employees would be entitled to receive varying numbers of shares in the business. Leading law firm- Olaniwun Ajayi LP acted as advisers to SlimTrader on the Employee Share Scheme transaction (ESS).

According to SlimTrader CEO, Mr. Femi Akinde, “We are committed to providing organizations with the right technologies to drive growth, improve performance and create a better customer experience. This commitment is borne on the shoulders of our employees and we recognize the need to keep them continuously motivated with their career at SlimTrader. In doing this, we would be able to retain and attract top talent as the business continues to expand”.

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He went on to say, “We pride ourselves in the fact that we are a growth company; growing rapidly in comparison to other companies in the same field and in the economy as a whole. Our ESS will ensure that our employees are well positioned to personally benefit from this growth with shares that vest over time.”

SlimTrader was founded in 2010 and has consolidated its position as a leading solutions provider for hotels in the region. SlimTrader via MoBiashara - it's cloud based inventory control management platform that integrates with online travel agencies (OTAs) such as Expedia, Trip Advisor, hotelnownow.com and hotels' credit/ debit card swipe machines - provides a Personal Computer Point of Sale (PC POS), a Property Management System (PMS) and a channel manager for hotels.