Tanzania: Nakumatt Creditors Meet On Next Course of Action

Dar es Salaam — Suppliers of goods to Nakumatt Supermarket now plan a meeting on Saturday to discuss how to salvage what the troubled retailer owes them. This comes after Nakumatt Mlimani City outlet was closed by the land lord after the former's failure to pay rent.

Speaking to The Citizen yesterday, Mr Joseph Mlay, who chaired the taskforce for suppliers of goods to Uchumi Supermarket--another Kenyan retailer that closed shops unceremoniously in 2015--said the meeting aims, among other things, at establishing the exact number of suppliers and how much they were still owed by the firm.

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