Atul Shah
Auctioneers Eye Ksh30M for Atul Shah’s Lavington Mansion
Former Nakumatt boss Atul Shah's home in Nairobi's upmarket Lavington area is set to go under the auctioneer's hammer in August 2021 after...
MARTIN SIELE1 Mins read
Ex-Nakumatt Boss Atul Shah Loses Lavington Mansion to Auctioneers
Former Nakumatt CEO Atul Shah has lost a bid to overturn the sale of his palatial home in Lavington, Nairobi which fell under...
MARTIN SIELE2 Mins read
Going, Going…! Little Known Auctioneer Wields the Hammer on Nakumatt’s Prime Asset
In room 106 on the first floor of Utalii House, 31st August 2020 will not be a normal day. There will certainly be...
BT Reporter3 Mins read
Bank of Africa Wins Battle to Auction Former Nakumatt CEO’s Sh2bn Property
The Bank of Africa scored a big win on Tuesday after the High Court allowed the lender to auction former Nakumatt CEO Atul...
BT Reporter2 Mins read
Ex Nakumatt CEO’s Financial Woes Pile as Rwandan Bank Comes Calling for Loan Recovery
Ex Nakumatt CEO's money woes are seemingly far from over as he struggles through the hangover of having to close down the supermarket...
Kevin Namunwa2 Mins read
Gone are the heydays when Nakumatt Mega made a killing
Nakumatt has suffered blow after blow with evictions from several high-end malls across the country including the Junction Mall (Nairobi), Hazina Trade Centre...
Samuel Gitonga1 Mins read
Nakumatt bounces back with seven key outlets
Nakumatt Holdings, currently under administration, has embarked on a business recovery programme with a focus on seven key branches. The recovery programme dubbed...
BT Correspondent1 Mins read
Nakumatt CEO faces probe in Sh18bn loss
Nakumatt Supermarkets chief executive Atul Shah will be investigated over the loss of Ksh 18 billion worth of stock, Peter Kahi, the troubled...
REUTERS1 Mins read
Nakumatt kicks off 50% clearance sale
A mega clearance sale kicked off over the weekend at seven of Nakumatt supermarkets across the county in a bid to clear its stock. The outlets include Mega, Prestige, Lavington,...
THE STAR1 Mins read
