Close Menu
    Facebook X (Twitter) Instagram
    Facebook X (Twitter) Instagram
    KahawatunguKahawatungu
    Button
    • HOME
    • NEWS
    • BUSINESS
    • KNOW YOUR CELEBRITY
    • POLITICS
    • TECHNOLOGY
    • SPORTS
    • HOW-TO
    • WORLD NEWS
    KahawatunguKahawatungu
    Home Ā» Uchumi Evicted From Its Headquarters Over Rent Arrears
    BUSINESS

    Uchumi Evicted From Its Headquarters Over Rent Arrears

    Francis MuliBy Francis MuliOctober 19, 2018No Comments2 Mins Read
    Facebook Twitter WhatsApp Telegram Email
    [PHOTO/ COURTESY]
    Share
    Facebook Twitter WhatsApp Telegram Pinterest Email Copy Link

    Uchumi Supermarket management has not been able to access their headquarters at Industrial Area since October 2.

    This follows a move by the landlord, the Kenya National Trading Corporation (KNTC), to lock out the staffers stationed at the premises over unspecified amount of rent arrears. Over 50 private guards have been placed at the premises to prevent Uchumi staffers from accessing it.

    Consequently, Uchumi has filed a petition seeking to order the landlord to let them in the premises.

    In one of the Suit at the High Court, Uchumi was directed to serve KNTC and come back for directions on October 22.

    Read:Ā NTSA Set To Introduce E-Logbooks To Curb Fraud

    The retailer has been in another court battle with Githunguri Dairy Farmers Co-operative Society over Ksh44.8 million. In that case, they obtained orders barring all creditors from taking any action against them.

    Uchumi therefore says that KNTC acted against the court order.

    “The continuing closure of the company’s headquarters is severely hampering our operations. Our servers remain inoperative, effectively preventing the business from tracking and effecting payments as and when they fail due or carrying out other administrative duties that are critical to the company as a going concern,” reads part of Uchumi’s petition.

    So far, seven creditors are battling to dispose Uchumi property to reclaim millions owed to them by the supermarket.

    Among them is UBA Bank which is owed Ksh172 million, Uchumi’s staff provident fund board of trustees seeking to reclaim Ksh122.7 million. Chandaria Industries is owed Ksh68.7 million whereas Interconsumer Products Ltd seeks Ksh38.2 million. Tropical Brands Africa wants over Ksh35 million, Equatorial Nut Processors Ltd is owed Ksh21.3 million while Professional Marketing Services Ltd is owed Ksh4 million.

    In total, Uchumi owes creditors over Ksh506 million.

    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 toĀ Editor@kahawatungu.comĀ  Also WhatsApp 0708677607 with your news tips

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

    KNTC uchumi
    Follow on Facebook Follow on X (Twitter)
    Share. Facebook Twitter WhatsApp LinkedIn Telegram Email
    Francis Muli
    • Website
    • Facebook
    • X (Twitter)
    • Instagram
    • LinkedIn

    Follow me on Twitter @francismuli_ Email: Editor@Kahawatungu.com

    Related Posts

    EU calls for ‘respect’ after Trump threatens 50% tariffs

    May 24, 2025

    James Gossip Appointed As New Managing Director Of NCBA Bank Kenya

    May 23, 2025

    Investing in Paradise: Why You Should Buy Property in Muscat

    May 22, 2025

    Comments are closed.

    Latest News

    How To Draw Buildings

    May 24, 2025

    How To Draw An Airplane

    May 24, 2025

    Murkomen visits family of slain Catholic priest in Nandi, orders crackdown on attacksĀ 

    May 24, 2025

    Committee chairpersons term budget cuts as a threat to developmentĀ 

    May 24, 2025

    Police detain six, recover assorted stolen mobile phones, Sh600,000 in operation in NairobiĀ 

    May 24, 2025

    President Ruto Remits Sentences For Over 4,500 Inmates

    May 24, 2025

    Ruto Appoints Former Governor Granton Samboja To Head Pyrethrum Company Board

    May 24, 2025

    Kenya, Brazil parliaments forge strategic alliance to deepen Parliamentary diplomacy, advance technology transfer

    May 24, 2025
    Facebook X (Twitter) Instagram Pinterest
    © 2025 Kahawatungu.com. Designed by Okii.

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

    Go to mobile version