New crop of retailers banishes Nakumatt and Uchumi ghosts
FINANCIAL STANDARD
At the peak of their powers, Nakumatt, Uchumi and Tuskys appeared infallible in how they conducted their operations.
By Peter Theuri | 1 day ago
With just Sh140,000, trainee staff breathes life into ailing Tuskys
The multi-billion shilling empire built over 40 years, collapsed spectacularly at the start of 2020 bringing to its knees Kenya’s largest retailer.
Wainaina Wambu | 28 days ago
What has kept Gilani’s Supermarket going for the last 47 years
The current CEO, Faiz Gilani, attributes their success to a strategy where members of the family take over its management.
Kennedy Gachuhi | 1 month ago
Tuskys in dire need of Sh2 billion
In the shareholders meeting, the siblings agreed to set aside their difference so as not to scare the investor.
Wainaina Wambu | 1 year ago
Sometimes in 2017, Tuskys appeared on the deathbed...
By Wainaina Wambu | Jul 07, 2020
Hemendrasinh Vaghela said Atul was suffering from ...
By Joackim Bwana | Jun 23, 2020
Nakumatt Chief Executive Officer Atul Shah cannot ...
By Joackim Bwana | Jun 22, 2020
Retail analyst says allegations of internal fraud,...
By Wainaina Wambu and Peter Theuri | Jun 14, 2020
He, however, couldn’t disclose the amounts owed ...
By Wainaina Wambu | May 06, 2020
Nakumatt, which is in liquidation, last year appli...
By Wainaina Wambu | Apr 16, 2020
Family businesses have been seen to flounder follo...
By Peter Theuri | Apr 08, 2020
Peter Kahi is an insolvency practitioner. Has been...
By Wainaina Wambu | Apr 01, 2020
Prayers are all the estimated 3,000 suppliers owed...
By Wainaina Wambu | Mar 10, 2020
It is reminiscent of broken promises and ruined li...
By Wainaina Wambu | Mar 10, 2020
In one year, the retailer has closed over 58 store...
By Odhiambo Ramogi | Nov 20, 2018
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