He has grown into one of the pillars of Nairobi’s food culture, owing to his Ranalo Foods – popularly known as K’Osewe. At 10am on July 30, Bensure Auctioneers sold hundreds of items at Ranalo Foods Upper Hill, marking an end to the branch. Escaped death narrowlyThe Osewes owe Guaranty Trust Bank more than Sh328 million, secured using the Kisumu hotel and the South C building. They added that the Kisumu hotel is on a prime beachfront and would be difficult to replace if the auction goes on. They said adverse action on the Kisumu property would spell doom for their franchising deal with Marriott and Aleph.

Source: Daily Nation October 28, 2020 04:41 UTC