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
By Wainaina Wambu and Moses Michira | 1 year ago
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
Administrator says no one has shown interest to bu...
By Otiato Guguyu | Jan 23, 2019
Uchumi Supermarkets is set to make reforms in its ...
By Valentine Kondo | Dec 14, 2018
Starting a business can be a daunting experience, ...
By Grace Kianira | Sep 19, 2018
Chase Bank creditors are planning to sue for the S...
By Otiato Guguyu | Jul 24, 2018
Kenya spent Sh228 billion to pay creditors in the ...
By Dominic Omondi | Feb 26, 2018
The first headache for the winner of next month’...
By Otiato Guguyu | Sep 12, 2017
In my younger days I had a colleague, Fred, with w...
By Benson Riungu | Jan 09, 2014
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