Close Menu
    Facebook X (Twitter) Instagram
    Facebook X (Twitter) Instagram
    KahawatunguKahawatungu
    Button
    • NEWS
    • BUSINESS
    • KNOW YOUR CELEBRITY
    • POLITICS
    • TECHNOLOGY
    • SPORTS
    • HOW-TO
    • WORLD NEWS
    KahawatunguKahawatungu
    BUSINESS

    Blow To Nakumatt As Arusha Outlet Closed Over Rent Arrears

    Eva NyamburaBy Eva NyamburaOctober 25, 2017No Comments1 Min Read
    Facebook Twitter WhatsApp Telegram Email
    nakumatt arusha
    Share
    Facebook Twitter WhatsApp Telegram Pinterest Email Copy Link

    nakumatt arushaTanganyika Farmers Association (TFA) on Tuesday shut down Nakumatt Arusha branch that opened its doors in August, 2014.

    The retailer is said to have not paid rent summing up to TSh320 million.

    The retailer has been been going through tough financial times, having closed over 5 branches across Kenya.

    Gross mismanagement, poor strategic decisions, tax issues and massive internal losses perpetrated by some wayward employees and suppliers are the main reasons behind the slow death of giant supermarket chain Nakumatt, reported the Nation in June.

    The retailer has since been faced with multiple employee strikes, ending up in the corridors of justice.

    The most recent shut downs were its Busia, Bungoma outlets due to arrears in rent.

    Nakumatt is said to owe suppliers, rent among others a total of over Sh15 Billion.

    READ: Jomo Kenyatta International Airport (JKIA) Closes, Delays Flights

    Do you have a story you want told? Do you know of a sensitive story you would like us to get our hands on? Email your news TIPS to Editor@kahawatungu.com

    Read Also  Nakumatt Announces Closure Of Nakumatt Mega, For Good

    Email your news TIPS to Editor@Kahawatungu.com — this is our only official communication channel

    Nakumatt Nakumatt Arusha
    Follow on Facebook Follow on X (Twitter)
    Share. Facebook Twitter WhatsApp LinkedIn Telegram Email
    Eva Nyambura
    • Website
    • Facebook
    • X (Twitter)

    Content creator at Kahawatungu.com | Passionate about telling the untold story. Lover of life, music and technology. Simplicity is KEY Email: Editor@Kahawatungu.com

    Related Posts

    Mbadi Explains Rationale Behind Sale of 15% Safaricom Stake to Vodacom

    January 13, 2026

    Azamara Cruise Ship With 690 Passengers Docks in Mombasa

    January 12, 2026

    List of the 42 newly licensed Digital Credit Providers

    January 10, 2026

    Comments are closed.

    Latest Posts

    Embu court orders IEBC to surrender all polling materials in Mbeere North polls

    January 15, 2026

    Trump officials eye private security contractors to safeguard oil assets in Venezuela

    January 15, 2026

    European nations send additional troops to Greenland as US annexation threats escalate

    January 15, 2026

    US personnel urged to leave largest Middle East base as regional powers urge Trump not to attack Iran

    January 15, 2026

    What to Know Before Buying Your First Robot Vacuum?

    January 15, 2026

    How Do Video Doorbells Work and Why You Need One

    January 15, 2026

    How to Choose the Right Outdoor Camera

    January 15, 2026

    PTZ Security Camera Benefits for Large Property Monitoring

    January 15, 2026
    Facebook X (Twitter) Instagram Pinterest
    © 2026 Kahawatungu.com. Designed by Okii.

    Type above and press Enter to search. Press Esc to cancel.