Tag: naivas


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 sale of Naivas International Limited (NIL) to a resident corporation tax of 30%.

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 involving Naivas shares and Kago's estate have been in the courts since 2012.

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 Chief...

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 chain...

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 for Ksh6 billion only to sell it for Ksh14.37 billion two years later.

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 next day.

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 the new...

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 which deemed him not entitled to a stake in Naivas. The High Court ruling had also found that he ran down a retail store handed down to him by their father.

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