Shah had attached a number of his personal properties to secure credit lines for Nakumatt. Offered as security in 2011, the Lavington home...
MARTIN SIELE
By the time the supermarket chain collapsed in January, it had racked up debts amounting to over Ksh30 billion - including Sh18 billion...
MARTIN SIELE
Nakumatt, which started off Nakuru Mattresses, had more than 60 outlets across Kenya, Uganda, Tanzania and Rwanda.
BT Reporter
BoA becomes the first lender to seize Mr. Shah's property while other creditors are still baying for his blood.
BT Reporter
A Rwandan bank has come to add to Mr Atul Shah's money woes as it seeks to recover the money it lend the...
Kevin Namunwa
Nakumatt Mega was among the first stores that the Atul Shah family set up in Nairobi after expanding from Nakuru
Samuel Gitonga
Nakumatt Store Assistant Chris Ricky Amukoye (left) restocking maize and wheat flour stocks as a customer moves to pick a pack at Nakumatt...
BT Correspondent
Court-appointed administrator Peter Kahi said he would seek a forensic investigator to investigate why Atul Shah wrote off stoc in May, before the...
REUTERS
Shoppers are treated to clothes, clarks and sketchers, bicycles, stationary and carpets, kitchen wares, furniture and toys at the troubled retail chain's seven...
THE STAR
Business Today is Kenya’s top business news platform, delivering timely updates, expert analysis, and insights to keep you ahead in finance, entrepreneurship, and innovation.
