Debts threaten to send Tuskys chain the Nakumatt way

A Tuskys Supermarket branch along Kenyatta Avenue in Nairobi. PHOTO | FILE | NATION MEDIA GROUP

What you need to know:

  • Tuskys and Nakumatt share fond memories that date back more than four decades, when they shared a roof and a wall in Nakuru.
  • CAK said it had held four meetings with Tuskys in the past 30 days to review the documentation submitted and interrogate its proposed debt settlement plan.

A number of shelves are empty. In some branches, employees have spread out furniture and other slow-moving commodities on the ground floor, which was the preserve of fast moving consumer goods (FMCG), groceries and the bakery.


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