Nakumatt

75 Articles
The Mega Mall on Uhuru Highway which hosted Nakumatt Mega. Nakumatt owner owes lenders billions of shillings. www.businesstoday.co.ke
FEATURED STORY

Ex Nakumatt CEO’s Financial Woes Pile as Rwandan Bank Comes Calling for Loan Recovery

A Rwandan bank has come to add to Mr Atul Shah's money woes as it seeks to recover the money it lend the...

Carrefour enters Uganda www.businesstoday.co.ke
FEATURED STORY

Carrefour Enters Uganda, Raising Stakes in Retail

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

The Mega Mall on Uhuru Highway which hosted Nakumatt Mega. Nakumatt owner owes lenders billions of shillings. www.businesstoday.co.ke
FEATURED STORY

Creditors Set To Vote on Nakumatt’s Dissolution on Tuesday

Retail store owes creditors and suppliers Ksh39 billion

Naivas christmas promotion www.businesstoday.co.ke
FEATURED STORY

In Christmas Offer, Naivas Shoppers to Get Sh30m Refund

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

Choppies Supermarket kenya www.businesstoday.co.ke
FEATURED STORY

Boardroom Fallout Pushes Choppies Supermarket into a Financial Crisis

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

REAL ESTATE

Why Gilani’s Supermarket holds a dear place in Nakuru’s heart

[dropcap]T[/dropcap]he temporary closure of Gilani’s Supermarket in Nakuru on Wednesday marks a change of fortunes for the central rift town’s oldest supermarkets. The...

FEATURED STORY

Down but not out: Struggling retailers mull return to big money league

In separate bids to return to profitability, Kenya's biggest insolvent retailers craft plans to jump out of the red

FEATURED STORY

Shoprite opens first store in Kenya, decries high rental costs

South African retail chain says it has declined some sites as it feel rentals are too high, adding landlords are having a field...