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Kenya: Nakumatt Thrown Out of Nyali Mall Over Sh27 Million Rent Arrears
Nation, 7 March 2018
Nakumatt, the once large supermarket chain, was thrown out of the upmarket Nyali City Mall in Mombasa on Wednesday. Read more »
Cash-Strapped Nakumatt Suffers More Legal Woes in Mombasa
Nakumatt, previously East Africa's largest supermarket chain, has been ordered by a Mombasa court to pay all outstanding balances and payments accrued at the date of their eviction from various centres. In 2017 the retailer shut close to a dozen branches that includes the Westgate branch, Junction Mall, Thika Road Mall, NextGen Mall, Haile Selassie and Ronald Ngala branches.
Nakumatt is ejected from Nyali City Mall in Mombasa on March 7, 2018 over rent arrears.
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Kenya: Nakumatt Kicked Out of City Mall Mombasa Over Debt
Capital FM, 7 March 2018
Troubled Nakumatt supermarket has been thrown out from the City Mall in Mombasa over a Sh27.8 million debt. Read more »
InFocus
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At its peak, the Nakumatt retail chain had 63 stores across East Africa. Today, the regional branch count has nearly halved to 34, with 27 stores in Kenya, three in Rwanda and four ... Read more »
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The cash-strapped retailer has operated six branches in the central business district but is now left with only two outlets. Read more »
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The Competition Authority of Kenya has said that internal wrangling between the shareholders of Tuskys, the company that offered to save Nakumatt, East Africa's biggest supermarket ... Read more »
