“Having received the funds, we are actively releasing due payments to landlords, staff, and suppliers. In particular, the first tranche of the suppliers' old debt amounting to Sh321 million has been settled,” Githua said in a statement on Friday evening. In addition, Tuskys has also settled August arrears for suppliers on its online custodial trading platform. We wish to thank our suppliers and stakeholders for their continued support,” Githua said. Tuskys is however confident it will regain its footing, banking on among others, the new restocking deal with suppliers, to replenish its stores.

Source: The Star September 19, 2020 08:26 UTC