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Rich Atul leaves creditors in tears as Nakumatt is buried

NEWS

Firm, which was started as a kiosk by a family stepping out of bankruptcy, comes full circle ending just about where it all began

Nakumatt creditors’ meeting aborts

Nakumatt creditors’ meeting aborts

A meeting to discuss settlement plan for Nakumatt creditors was called off yesterday to allow for auditing of the ailing retailer’s books.

Dominic Omondi | 2 years ago

Win for broke firms creditors

Proof of financial distress is now enough for suppliers to force liquidation of a company that has been put under administration.

Dominic Omondi | 2 years ago

Uchumi creditors back new debt plan

The creditors will take a 70% cut on the struggling retailer’s Sh3.6 billion debt on condition they are represented in its decision-making process.

Otiato Guguyu | 2 years ago

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