Nakumatt - Business Today Kenya

Going, Going…! Little Known Auctioneer Wields the Hammer on Nakumatt’s Prime Asset

by BT ReporterBusinessAugust 20, 2020August 20, 2020

Nakumatt, which started off Nakuru Mattresses, had more than 60 outlets across Kenya, Uganda, Tanzania and Rwanda.

by BT ReporterBusinessAugust 19, 2020August 19, 2020

BoA becomes the first lender to seize Mr. Shah’s property while other creditors are still baying for his blood.

by BT ReporterBusiness Executive DecisionFebruary 5, 2020February 5, 2020

The cash injection is expected to enhance Naivas’s expansion strategy that has seen it open 60 branches across the country.

by Kevin NamunwaBusinessFebruary 3, 2020February 3, 2020

A Rwandan bank has come to add to Mr Atul Shah’s money woes as it seeks to recover the money it lend the chain supermarket two years ago

by BT ReporterBusinessJanuary 17, 2020January 17, 2020

Located at the popular Oasis Mall, the store covers 2,800 square metres, catering to the evolving customer needs in Uganda.

by Samuel GitongaBusinessJanuary 9, 2020January 9, 2020

The former politician was rumoured to own a 7.7% stake in the retailer

by Samuel GitongaBusinessJanuary 6, 2020January 7, 2020

Retail store owes creditors and suppliers Ksh39 billion

by BT ReporterBusinessNovember 7, 2019November 7, 2019

Kenyans weighed down by a slow economy, with a strong expectation that the Christmas shopping will be dampened.

by Luke MulundaBusinessAugust 6, 2019August 7, 2019

Choppies headquarters is said to have given up on Kenya after unsuccessfully trying to influence local management and drive strategy.

by BT ReporterReal EstateFebruary 14, 2019February 14, 2019

[dropcap]T[/dropcap]he temporary closure of Gilani’s Supermarket in Nakuru on Wednesday…