Nakumatt
Gone are the heydays when Nakumatt Mega made a killing
Nakumatt Mega was among the first stores that the Atul Shah family set up in Nairobi after expanding from Nakuru
Samuel Gitonga1 Mins read
Retaining management key in recovery for firms under administration
An administrator should perform the management/board functions in the interests of the company’s creditors and other stakeholders
BT Reporter3 Mins read
Nakumatt bounces back with seven key outlets
Nakumatt Store Assistant Chris Ricky Amukoye (left) restocking maize and wheat flour stocks as a customer moves to pick a pack at Nakumatt...
BT Correspondent1 Mins read
Nakumatt CEO faces probe in Sh18bn loss
Court-appointed administrator Peter Kahi said he would seek a forensic investigator to investigate why Atul Shah wrote off stoc in May, before the...
REUTERS1 Mins read
Nakumatt kicks off 50% clearance sale
Shoppers are treated to clothes, clarks and sketchers, bicycles, stationary and carpets, kitchen wares, furniture and toys at the troubled retail chain's seven...
THE STAR1 Mins read
Nakumatt vacates Village Market store
Move comes day after 14 landlords said in a joint statement they do not wish to continue with Nakumatt as a tenant and...
BT Reporter1 Mins read
Tuskys abandons Nakumatt in the ICU
Under proposed deal Tuskys was to provide Ksh650 million to support operations and up to Ksh3 billion for restocking
BUSINESS DAILY2 Mins read
Uchumi head office to be auctioned over Sh60 million debt
Kenya’s oldest retail chain owes the Kenya National Trading Corporation rent arrears for two years
BT Reporter2 Mins read
Landlords resort to dirty tactics to force out Nakumatt
From switching off electricity, executing defective court orders to denying access, mall owners' are not keen at waiting for implementation of Peter Kahi's...
THE STANDARD1 Mins read
