Tuskys - Business Today Kenya

Tuskys Owes Suppliers Sh6.2bn

by Samuel GitongaBusinessAugust 12, 2020August 12, 2020

The retailer states it will settle 40% of the amount over two years

Tuskys Property to Be Auctioned Over Rent Arrears

by Samuel GitongaBusinessAugust 1, 2020August 1, 2020

Riva Plaza has enlisted the services of Legacy Auctioneering Services to sell of Tuskys property in order to recoup its dues

Tuskys Denies Boardroom War About to Scuttle Stake Sale

by Samuel GitongaBusinessJuly 28, 2020July 28, 2020

Tuskys maintains brave face in public while cracks have started to emerge between sibling owners

Tuskys Stake Sale Hangs on The Balance Over Sibling Dispute

by BT ReporterBusinessJuly 27, 2020July 27, 2020

Yusuf Mugweru has moved to court and maintains that no stake can be sold before existing wrangles can be resolved

Tuskys Looking to Offload Stake to Pay Suppliers

by Samuel GitongaBusinessJuly 21, 2020July 21, 2020

The retail chain is seeking to sell its stake to a consortium comprising of a private equity firm and an international retailer for an undisclosed fee

Mastercard Inks Free Delivery Deals With Glovo and Tuskys

by Samuel GitongaBusinessJuly 17, 2020July 17, 2020

Mastercard is seeking to cement position as the go to digital payments service provider

New KCC Stops Milk Supplies to Tuskys Over Mounting Debt

by BT ReporterAnalysisJuly 15, 2020July 15, 2020

New KCC has halted supplies after the company exceeded its credit payment period of 60 days

Regulator Probing Tuskys’ Bank Accounts Over Sh1.2bn Debt

by BT CorrespondentBusinessJune 17, 2020June 17, 2020

CAK established Buyer Power Department in November 2018 to protect suppliers from exploitative retailers

Choppies Accounts Frozen in Sh173 Million Tax Dispute

by BT CorrespondentBusinessApril 23, 2020April 23, 2020

Kenya Revenue Authority adduced evidence in court to show that Choppies has already sold its branches, assets and stocks.

Tuskys Lays Off Staff as Going Gets Tough

by Samuel GitongaBusinessFebruary 21, 2020February 21, 2020

Company tells employees it is restructuring to cut on costs