Nakumatt
StanChart Targets Nakumatt Land Over Unpaid Loans
Standard Chartered Bank Kenya has warned that it will begin selling off land tied to the failed supermarket chain Nakumatt unless the company’s...
SABRINA BT2 Mins read
![A Naivas supermarket outlet. The firm is ramping up expansion across the country. [Photo/ NMG]](https://businesstoday.co.ke/wp-content/uploads/2021/12/Naivas-Supermarket.jpeg)
3 New Naivas Outlets Set for Nairobi, Malindi
Kenya's biggest retail chain, Naivas, is gearing up to unveil three new branches this festive season. Making the most of the surge in...
MARTIN SIELE2 Mins read
Retail Curse? Another Supermarket On The Brink Of Collapse
A leading regional supermarket in tottering on the brink of collapse after falling into a financial hole, leaving hundreds of employees without jobs....
BT Correspondent3 Mins read
Quickmart Acquires Retail Bragging Rights As Merger Powers Growth
Leading retail chain Quickmart is marking its 15 years in operation with a one-month celebration to reward customers with assorted incentives and prizes...
BT Correspondent2 Mins read
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
CBK Appoints Liquidator for Nakumatt-Linked Charterhouse Bank Limited (CHB)
The Central Bank of Kenya (CBK) on May 7, 2021, announced the appointment of Kenya Deposit Insurance Corporation (KDIC) as liquidator of Charterhouse Bank...
BT Reporter1 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
