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.
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 »
Nakumatt is ejected from Nyali City Mall in Mombasa on March 7, 2018 over rent arrears.
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 »
The cash-strapped retailer has operated six branches in the central business district but is now left with only two outlets. Read more »
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 »