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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 do not support the proposals for recovery advanced by the administrator, Mr Peter Kahi

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 turnaround strategy

Another landlord seeks to evict Nakumatt

Munga Holdings says it has suffered significant financial loss and the imminent collapse of its business unless it is given green light to terminate the lease

Nakumatt administrator protests Nyali eviction

Peter Kahi says he will be swiftly moving to surcharge and effect the recovery of destroyed goods and property valued at more than Sh300 million, saying mall owner violated Insolvency Act

Regulator gives greenlight to Nakumatt, Tuskys deal

Tuskys, which plans to inject Sh 3 billion into the rival retailer, will also provide management services to Nakumatt such as overseeing procurement processes and inventory management

Nakumatt administrator reaches out to stakeholders

Peter Kahi has implored the retailers’ suppliers and shoppers to continue providing their support, as efforts to formulate a rescue plan get under way.