BUSINESS

Creditor Moves to Liquidate Twiga Tatu SEZ Limited

Share
Twiga foods
Twiga foods
Share

Twiga Tatu SEZ Limited is now at risk of being wound up in court after failing to settle debts owed to a creditor.

The creditor filed a petition for liquidation at the High Court’s Commercial and Tax Division in Milimani Law Courts, Nairobi, on January 28, 2026. The move comes after the company allegedly failed to pay outstanding obligations owed to the petitioner.

In a notice from the High Court, the registrar confirmed the filing and set a court date for the matter to be mentioned on June 11, 2026, at 9:00 a.m. The notice states:

“Notice is given that a petition for liquidation of the Company… was presented by a creditor on 28 January 2026 at the High Court, Commercial and Tax Division sitting at Nairobi Milimani Law Courts.”

Adding;

“The petition is scheduled for mention before the Court … and any creditor or contributory of the Company wishing to support or oppose making of an Order on the petition may appear.”

Advocates representing the creditor, KM Associates, have invited any other creditor or stakeholder who wants to support or oppose the petition to file notice by June 10, 2026, the day before the court mention.

If the High Court grants the petition, Twiga Tatu SEZ Limited could be placed into liquidation under Section 425(1)(b) of the Insolvency Act, 2015. In that event, the company’s assets would likely be managed and sold by a court-appointed liquidator to help repay creditors.

Twiga Tatu SEZ Limited is part of the wider Twiga group of companies connected to Twiga Foods. This Nairobi-based business-to-business food distribution platform uses technology to link farmers with urban retailers.

Since its founding in 2014, Twiga Foods has grown rapidly and attracted major international funding, raising tens of millions of dollars from global investors and development finance institutions to build and scale its supply chain operations.

In recent years, Twiga has undergone substantial restructuring as it adjusts its business model amid changing economic conditions and pressure to improve financial sustainability. The company temporarily paused some operations in 2025 while relocating distribution facilities and adopting a leaner, more technology-driven approach to logistics and delivery.

Challenges in global venture capital markets have also affected startups in Kenya, with many firms scaling down or shifting strategic focus as investor funding becomes more conservative. As such, Twiga’s current financial and operational shifts reflect wider industry trends.

The June court meeting will be a key moment for Twiga Tatu SEZ Limited, determining whether the company moves closer to formal liquidation proceedings.

Leave a comment

Leave a Reply

Your email address will not be published. Required fields are marked *

PAST ARTICLES AND INSIGHTS

Related Articles
Ziidi Money Market Fund on phone
BUSINESS

Safaricom’s Ziidi Fund Posts Ksh784M Profit as Uptake Grows

Safaricom’s Ziidi Money Market Fund is beginning to show solid returns as...

President William Ruto Signs National Infrastructure Fund Bill into law
NEWS

Ruto Appoints Full Governing Council to Operationalise National Infrastructure Fund

President William Ruto has appointed the full Governing Council of the newly...

A section of Gikomba Market after demolitions
BUSINESS

Gikomba Traders Promised Modern Market in 6 Months After Demolitions

Traders of Gikomba Market have been promised a modern, well-organised trading hub...

face scan vs finger print
TECHNOLOGY

Biometric Payments: How Fingerprints and Face Scans Are Replacing PIN Codes

 Biometric payments refer to the use of physical or behavioural traits to...