Tuskys shareholders endorse search for new investor

Tuskys Mattresses Directors Stephen Mukuha, Dr John Kago and George Gachwe cutting cake to mark Late Mzee Joram Kamau Day

NAIROBI, KENYA: The progress to bailout Tuskys Supermarket from cash flow problems is on top gear with top management and shareholders approving ongoing strategic investor sourcing efforts.

At a recent meeting, the retailer’s shareholders underscored the need for new investors, which they say is a crucial development and lifeline for the business.