Tag "Nakumatt"

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Business highlights – January 16, 2018

Ex Nakumatt employees to set up supermarket in Kisumu Seven former Nakumatt employees have teamed up to establish a supermarket in Kondele, Kisumu. The retailer, Lemigo Holdings Superstore is set

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Afternoon news headlines

News highlights Kajiado Governor Joseph Ole Lenku sacks CEO Joshua Tapataiya for failing to provide area with fresh water Kajiado Governor Joseph Ole Lenku has fired Olkejuado water and sewerage

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Business highlights – December 11, 2017

Nakumatt takes latest hit as operations in Tanzania are relegated to one branch Troubled retailer, Nakumatt Supermarket’s presence in Tanzania has been reduced to a single outlet after the struggling

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Afternoon business highlights – November 24, 2017

Shauri Moyo traders receive Ksh1.2 million donation to cater for losses suffered during looting spree 49 Shauri Moyo/Jogoo Road small-scale traders have received a Ksh1.2 million donation from Nairobi County

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Business highlights – November 10, 2017

Senate approves Bill for release of County cash Kenya’s Senate has approved a Bill allowing the National Treasury to release money to county governments.The passage of the County Allocation of

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Business highlights – November 1 2017

Nakumatt move to elect new administrator faces stiff opposition from creditors Nakumatt’s creditors have rejected the supermarket’s bid to appoint an administrator to run its business until it returns to

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Afternoon business highlights – October 31 2017

ERC to start publishing cooking gas prices The Energy Regulatory Commission (ERC) will begin publishing cooking gas prices in a bid to lower the cost of the commodity.  Kenya’s Energy

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Business highlights – October 31 2017

Flour shortage looms as supplies dwindle Three ships carrying the last batch of 1.1 million bags of subsidised maize docked at Mombasa port last week and flour is expected to

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Afternoon business headlines – October 30 2017

Troubled Nakumatt sued for Ksh596 million More than a dozen of Nakumatt’s landlords in Nairobi, Nakuru, Kericho and Kakamega have filed fresh suits to evict the retailer from their premises. Kakamega-based

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Afternoon business highlights – October 16 2017

Government subsidy plan helps low income homes acquire cooking gas at less than half the price Low income homes will now acquire 6kg gas cylinders with cooking accessories at a discounted