Administrator gets another stab at saving Nakumatt

Managing Director and Chief Executive Officer Atul Shah of the Nakumatt Holdings speaking on phone during demolition of Ukay Centre a four storey building illegaly constructed on riparian areas after being earmarked by Nema. [Jonah Onyango, Standard]

Nakumatt’s court-appointed administrator has been given another shot to sort out the mess at the troubled retailer following a year of frustrations by creditors.