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

    Stay connected via Google News
    Follow us for the latest news updates and guides.
    Add as preferred source on Google

    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

    Is a 50 Lakh Health Insurance Plan Enough for Your Family?

    September 6, 2026

    Sugar Farmers Raise Concerns Over Proposed Changes to Sector Financing

    September 6, 2026

    Kenya Banks to Boost Financing for Green and Biodiversity Projects

    September 5, 2026

    Comments are closed.

    Latest Posts

    European Intelligence Reports on Russian Assassination and Sabotage Plots

    September 6, 2026

    McDonald’s India X Account Hack: Unpaid Intern Posts Explained

    September 6, 2026

    The Life and Death of Igho “Tiny” Ubiribo

    September 6, 2026

    Prince Harry’s surprise UK return renews security row

    September 6, 2026

    Is a 50 Lakh Health Insurance Plan Enough for Your Family?

    September 6, 2026

    Chinese national rescued from Nepal tunnel 10 days after flash flood

    September 6, 2026

    OpenAI acknowledges ‘wiki incident’ and need for more transparency around unintended AI behavior

    September 6, 2026

    Evan Roos Siblings: Getting to Know Taila and Rohland

    September 6, 2026
    Facebook X (Twitter) Instagram Pinterest
    © 2026 Kahawatungu.com. Designed by Okii.

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