Tag: Nakumatt Holdings
The Collapse of Supermarket Chains: Evidence and Lessons for Retail Giants
There are many factors cited as having contributed to the death of Kenya’s retail giants. These factors include gross mismanagement, poor financial decisions, tax compliance issues and massive losses
Nakumatt Postpones 2nd Creditors Meeting Due to Financial Audit Delays
The High Court had last March directed the administrator to ensure the hosting of the second creditors meeting
Struggling Uchumi needs Sh4b urgently, CEO reveals
He reveals the supermarket chain's management is following different channels to secure Ksh 7 billion of financing but declined to name potential suitors
Nakumatt closes two outlets in Western
The two branches were opened in 2015 at a cost of Ksh 200 million as part of the firm’s strategy to enhance its presence in county headquarters across the country
Nakumatt named best taxpayer in Rwanda
Nakumatt Rwanda picked the 2016 best Taxpayer and the best Electronic Billing Machine (EBM) user awards
Stay in touch:
Newsletter
Don't miss
PERSON OF INTEREST
Madatally Manji: The First Man to Manufacture Biscuits in Kenya
House of Manji has become a household name in Kenya and the East Africa region in the biscuits, pasta and confectionery industry.
ECONOMY
Mumias Sugar Return Ignites a Price War in Cane Harvesting
Mumias Sugar Company opened its doors on Friday, 1st December, 2023 to receive cane from farmers as operations resumed at the giant sugar miller after years of silence.
CAREERS
Upskilling: 5 Ways to Remain Competitive in Your Career
It is not surprising that HR professionals are constantly upskilling either to remain competitive in their current roles or to pursue new opportunities.
SPORT
Odibets Gives Out 100 Goats Daily in Betting Promotion
Each goat from Odibets will be worth Ksh5,000 and will be rewarded to the lucky customers via M-Pesa.
MEDIA
Angry Standard Group Employees Wrestle With Auctioneers
In what looked like a movie, Standard Group employees moved to stop the auctioneers from carrying away the seats.