naivas

40 Articles
Naivas Supermarket tax
BUSINESS

Sale Of 30% Stake Haunts Naivas With Billion-Shilling Tax Bill

Naivas Kenya Ltd had filed an appeal at the TAT on 10th June 2022, opposing a tax assessment conducted by KRA subjecting the...

BUSINESSFEATURED STORY

Inside Family Feud Rocking Naivas Empire

The company however, faces numerous legal battles involving children of the late Peter Mukuha Kago, the patriarch who died in 2010. Various disputes...

Naivas
BUSINESSTECHNOLOGY

Naivas Responds After Hacking Incident

Naivas has admitted that has been a victim of a ransomware attack by an online criminal organisation dubbed Threat Actor. In a statement,...

Naivas
BUSINESS

Go Big Or Go Home: Naivas Opens Three More Branches

Chain retailer Naivas Supermarket is set to open three new branches before the end of the year, a move set to dwarf other...

A 40% stake in Naivas was sold to a consortium led by Mauritian conglomerate IBL group for ($151.97) million (Ksh18.5 billion).
FEATURED STORY

Details of Naivas Deal That Netted Family Ksh3.8B

It was a massively profitable deal for DEG, IFC, and the PE firms who bought a 31.5 percent stake in Naivas in 2020...

Naivas
BUSINESSECONOMY

Naivas, Quickmart to Close for Elections

Shoppers will still be able to make orders on their e-commerce platform on election day, but no deliveries will be made until the...

A Naivas Supermarket branch.
FEATURED STORY

Naivas Opens 84 Branch In Kayole, Naivasha

Naivas Supermarket is set to open the doors of its newest outlet in Kayole, Naivasha along the Nairobi- Nakuru highway.  The opening of...

Newton Kagiri Mukuha moved to the Court of Appeal following the 2020 sale of a minority stake in Naivas worth Ksh6 Billion to a consortium of investors. [Photo/ Courtesy]
BUSINESS

Naivas: Court Dismisses Eldest Son’s Demands

A three-judge Appeal Court bench ruled on Friday, December 17 that Newton failed to prove any flaws in a prior High Court ruling...

A Naivas supermarket outlet. The firm is ramping up expansion across the country. [Photo/ NMG]
BUSINESS

3 New Naivas Outlets Set for Nairobi, Malindi

The firm which currently has over 70 branches has been ramping up expansion following the acquisition of a 30% minority stake worth Ksh6...