Nakumatt woes worsen as Diani branch closed over rent arrears - News Summed Up

Nakumatt woes worsen as Diani branch closed over rent arrears


Nakumatt Diani was shut down on Friday amid efforts to revive what was once East Africa's thriving supermarkets chain. More on this: Nakumatt woes get worseThe lease dated December 2010 says that if Nakumatt does not pay rent seven days after it is due, whether formally demanded or not, the premises can be taken over. The retailer re-opened its main Eldoret branch a day after it was shut down. In June, Nakumatt Holdings denied reports of the closure of eight branches across the country, saying some were among its most popular. More on retailer: [VIDEO] Nakumatt workers march in Nairobi, Kisumu over pay, mistreatmentAlso read: Nakumatt admits financial crisis, seeks aid to stay afloat


Source: The Star November 17, 2017 11:15 UTC



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